Active

639 Robinson St

Los Angeles CA, 90026

$2,795,000


$686.23 per sqft

Active

11 Beds

6 Baths

4,073 sqft

Multi-family

Built in 1931

Discover the perfect turn-key investment opportunity with this exceptional Silver Lake 6-unit building. Boasting a prime location and outstanding unit mix, this property is a gem for savvy investors. WITH AN ASSUMBLE LOAN OF APPROXIMATELY $1,650,000 AT A VERY LOW RATE OF 3.6%, FIXED FOR APPROXIMATELY THE NEXT 7 YEARS WITH PAYMENTS AMORTIZED OVER 30 YEARS, this investment offers a solid financial foundation. Featuring five 2-bedroom/1-bathroom units and one 1-bedroom/1-bathroom unit, this property caters to a diverse range of tenants. The meticulously restored units showcase modern upgrades and stylish finishes, ensuring tenant satisfaction and maximizing rental potential. Convenient amenities include two garages, four on-grade parking spaces, and separate metering for electricity and gas in each unit. The front building, constructed in 1960, houses four of the 2-bedroom units, while the rear duplex offers a spacious 2-bedroom unit over a double car garage and a 1-bedroom unit. Currently under professional management, this property offers a seamless investment opportunity with the option for personal management. Don't miss out on this rare chance to own a premium income-generating property in one of Silver Lake's most sought-after neighborhoods. Take advantage of the assumable loan and secure your place in this thriving real estate market today!

24-420339

MLS ID

July 29, 2024

Listed

November 22, 2024

Updated

Map

639 Robinson St
Los Angeles CA, 90026

Interior Features

Total Stories

2


Bedrooms

11


Total Bathrooms

6


Appliances

Range/Oven, Refrigerator, Washer, Dryer, Dishwasher


Fireplace

No


Cooling

Yes


Cooling Description

Air Conditioning


Heating

Yes


Heating Description

Central

Exterior/Building Features

Lot Size

0.15 Acres

Other Property Details

Area Name

Silver Lake - Echo Park


Days on Market

112


Garage

Yes


Garage Spaces

2


Parking

Assigned


Parking Total

6


View

No


County

Los Angeles


Pool

No


Zoning

LARD2

Listing History

Date

Event

Price

11/15/2024

Price change

$2,795,000

-2%

Listed by Peter V Buonocore with Keller Williams Larchmont
Listing Contact: 323-762-2600 

Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor John Guentner | CA DRE# 01919579 shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

©2024 Combined L.A./Westside MLS. All rights reserved.

Data last updated 11/22/2024

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