3456 Plata St Active Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90026
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 1,520 sqft
Price per Sqft $773
MLS Listing ID 25-489149
Style Bungalow
Bedrooms 3
Year Built 1925
Lot Size 3,757 Sqft
Acres 0.0862
Property Sub-Type Multi-Family
Property Description
*** 3456 Plata is the lowest priced fourplex in 90026 *** Located 0.5 miles from Vigil Ave, 3456 Plata is a bungalow-style fourplex located minutes from one of LA's "coolest" streets. This culturally rich neighborhood is home to a flourishing food scene and famous boutiques breathing new life into the community. Notable establishments along Virgil Ave include Sqirl, Melody, Courage Bagels, Bolita, Voodoo Vin, and Kin Kan's. In addition, 3456 Plata is located 1.0 mile south of Sunset Blvd and the Silver Lake neighborhood. Built in 1925, this value-add opportunity features (1) 2-bdrm. unit, (1) VACANT 1-bdrm. unit, and (2) studio units that offer approx. 59% rental upside. At projected market rents, the property will stabilize at a 7.28% CAP and 10.51 GRM. Each unit features wood flooring and plenty of large windows that allow abundant natural light. Please note, the two-bdrm. unit features a private back patio that serves as a perfect entertainment/dining space. Property amenities include approx. 3 parking spaces and community laundry.
Location
State CA
County Los Angeles
Area Silver Lake - Echo Park
Zoning LAR2
Rooms
Other Rooms None
Interior
Heating Other
Cooling None
Flooring Wood, Tile
Equipment Built-Ins, Freezer, Refrigerator, Range/Oven, Other
Laundry Community
Exterior
Parking Features Uncovered
Garage Spaces 3.0
Waterfront Description None
View Y/N No
View None
Building
Story 1
Architectural Style Bungalow
Level or Stories One
Others
Special Listing Condition Standard