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$ 1,050,000
Est. payment /mo
Active
3456 Plata Street Los Angeles, CA 90026
3 Beds
1,520 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type OTHER
Listing Status Active
Purchase Type For Sale
Square Footage 1,520 sqft
Price per Sqft $690
MLS Listing ID CL25613093
Bedrooms 3
HOA Y/N No
Year Built 1925
Lot Size 3,757 Sqft
Acres 0.09
Property Sub-Type OTHER
Property Description
*** Lowest-priced fourplex in 90026*** Set half a mile from Virgil Avenue, 3456 Plata sits within reach of one of LA's most culturally vibrant corridors. The surrounding neighborhood has become a destination for locals and visitors alike, drawn to its flourishing food scene and independent retail. Within minutes, tenants have access to Sqirl's inventive California fare, Courage Bagels' New York-style classics, Bolita's modern Mexican cuisine, and Voodoo Vin's natural wine selection. Just one mile north, Sunset Boulevard and Silver Lake's creative community add another layer of appeal, reinforcing consistent tenant demand in this evolving pocket of 90026. Built in 1925, the property is a classic bungalow-style fourplex featuring (1) 2-bedroom unit, (1) 1-bedroom unit, and (2) studio units. Each unit offers wood flooring and large windows that fill the spaces with natural light. The 2-bedroom unit includes a private back patio, ideal for outdoor dining or entertaining. Property amenities include approximately 3 parking spaces and community laundry. For investors, 3456 Plata presents clear upside. Current rents are positioned approximately 47% below market, with projected stabilized returns of a 6.64% cap rate and 11.09 GRM at market rents. Following a recent price reduction, the pr
Location
State CA
County Los Angeles
Zoning LAR2
Interior
Flooring Tile, Wood
Fireplace No
Laundry Common Area
Exterior
View Y/N false
View None
Total Parking Spaces 3
Building
New Construction No
Others
Tax ID 5401011005
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Listed by Max Berger • Compass