Listing Courtesy Of:
Lyon Stahl Investment Real Estate, Inc., 310-425-9838, Michael Monempour
Listing Sold By:
The Agency
Local Realty Services Provided By:
Keller Williams Realty Los Feliz
Overview
What It'll Cost
Neighborhood
Similar Homes
966 Sanborn Ave, Los Angeles, CA 90029
12 Beds
10 Baths
966 Sanborn Ave, Los Angeles, CA 90029
Estimation provided by Keller Williams Realty, LLC.
12 Beds
10 Baths
Sold
Sold
Open House:
(Local time)
Property Description
The offering is a brand-new, 2024-built townhome-style apartment building located in the highly sought-after neighborhood of Silver Lake, just steps from Sunset Junction. Constructed with a Senate Bill 8 exemption, the property is not subject to the restrictive Los Angeles Rent Control measures, making it an attractive investment opportunity. The property features four meticulously designed units spanning a total of 7,819 square feet, with an ideal unit mix (1) 4-bedroom, 3.5-bathroom, (1) 3-bedroom, 2.5-bathroom, (1) 3-bedroom, 2-bathroom & (1) 2-bedroom, 2-bathroom unit. Each unit is thoughtfully crafted with private rooftop decks, offering stunning views of Silver Lake. The interiors are finished with hardwood floors, recessed lighting, stainless steel appliances, and in-unit washers and dryers, providing tenants with modern conveniences and luxurious living spaces. Offered at $3,950,000, this turnkey investment opportunity delivers an immediate 5.53% CAP rate in one of Los Angeles' most desirable locations. The property has been built with exceptional attention to detail by one of Los Angeles' premier townhome developers, featuring custom home-level finishes that exude elegance and sophistication. Located just off Sunset Junction, the property boasts a Walk Score of 91, ensuring tenants have convenient access to some of the best dining, shopping, and entertainment options in Silver Lake. Nearby anchors include Erewhon, Silver Lake Farmer's Market, Bacari, Pine & Crane, and Intelligentsia Coffee, among many others. This is a rare opportunity to acquire a high-performing, new-construction asset in a premier Los Angeles location.
Property Details
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Overview
Property Type
Residential Income
Property Size
Year Built
2024
Days on Site
159 Days
HVAC
Cooling: Central, Heating: Central
Parking
8 Parking Spaces
Concierge
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Activity History
VIEWS
SAVES
SHARES
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Upcoming Open Houses
(Local time)
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Estimated Monthly Payment
Purchase Price:
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Property Tax
Home Insurance
HOA/Condo Fee
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Transit & Commute
Estimated commute times from Silver Lake Bellevue
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Very Walkable
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