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Search Cali Homes Team
334 Robinson, Los Angeles, CA 90026
- $1,175,000
Listing courtesy of Listing Agent: Freddie Gershinson (freddie@lyonstahl.com) from Listing Office: Lyon Stahl Investment Real Estate, Inc..
- List Price
- $1,175,000
- Status
- ACTIVE
- Days on Market
- 39
- Price Change
- ▼ $75,000 1793419295
- MLS#
- SB26214119
- Subtype
- Residential Income
- Year Built
- 1924
- Lot Size
- 9,035
- Acres
- 0.21
- MLS Area Major
- Silver Lake - Echo Park (C21)
Property Description
Value-add triplex. 4BD/2BA front unit delivered vacant is ready for an owner-user to move right in, or for immediate lease-up at $4,500/mo market rent. Live in front and let the rear duplex help pay the mortgage. Rare 9,032 SF lot in Silver Lake-adjacent Los Angeles (90026). Offered at $1,175,000 ($396/SF). Seller has upgraded the roof, electrical panels, and copper plumbing throughout. RAS3 zoning, confirmed 3-unit C of O but recorded as a fourplex on title, with a path to restore the 4th legal unit (buyer to verify). Lot size and unit count may also qualify for up to 4 ADUs by-right under SB 1211’s ministerial approval (buyer to verify). Rear duplex carries 210%+ rent upside on turnover. 4.91% current cap rate / 6.54% pro forma, no construction required. Last non-redeveloped lot on this block of Robinson St; every neighboring parcel already rebuilt as new construction. Minutes to Silver Lake, Echo Park, East Hollywood, Koreatown, Larchmont.
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Additional Information
- Pool Type
- None
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.