3700 W SUNSET

Estimated Monthly Payment: $18,013/mo 3700 W SUNSET, Los Angeles, CA 90026 MLS# 19497762 Residential Income Listing Status: Active
8
16
8,892 sqft
11
0
0
0

REMARKS:

We are pleased to present The Edgecliff Apartments-(16) unit multifamily investment opportunity located in the highly desirable Silver Lake 3 blocks from the famous Sunset Junction. This building consists of 8, 892 SF of living area located on a 6, 726 SF lot zoned [Q]C2-1VL. With its exceptional location in prime Silver Lake, a strategic investor will have no problem leasing the units in a high rental demand area and will benefit from the tremendous value add component of this property by taking advantage of natural turnover to rehab the units and rent them for market rates. Some units contain beautiful, unobstructed views of the Hollywood sign and the property is a Walker's Paradise with a Walk Score of 94! This building features: (8) Studio units and(8) 1+1 units. All units are individually metered for electricity and 14 of 16 units are individually metered for gas. Furthermore, zoned [Q]C2-1VL, this property also offers potential for future development. SELLER MAY CARRY FINANCING.

OVERVIEW:

19-497762:CLAW
Residential Income
Active
Silver Lake - Echo Park
1917
8892
On street, Tandem
2
Other
Other

FEATURES:

Other

ROOM INFO:

8
16
16

FINANCIAL:

$3,950,000
$193,195

NEIGHBORHOOD & SCHOOL INFORMATION:

Broker Reciprocity Courtesy of Derrick Vartanian - Keller Williams Silicon Beach

 

01949460 

 

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CARETS, California Real Estate Technology Services, is a consolidated MLS property listing data feed comprised of CLAW (Combined LA/Westside MLS), CRISNet MLS (Southland Regional AOR), i-Tech MLS (Glendale AOR/Pasadena Foothills AOR) and VCRDS (Ventura County Regional Data Share). 

 

Data last updated: 08/20/2019