SINGLE FAMILY HOME IN LOS ANGELES

Investment Opportunity in Silver Lake


Investment Opportunity with upside potential! Presenting this LAR2 income property in sought after Silver Lake neighborhood. Currently the property consists of a main house with 2 bedrooms and 2 bathrooms and a 1 Bedroom in the back. Buyer to verify. Perfect for a savvy investor with a vision, looking for a project worth fixing up for that income - live in one and rent out the other or rent out both! Centrally located near Silver Lake and Sunset Boulevard in a hot rental market area, easily accessible to Hollywood and Downtown Los Angeles. This is an AS-IS sale. Drive by only. No Contingencies. Do not disturb occupants. Tenant in main 2 bedroom, 2 bath house eviction is scheduled for December 13, 2020! Buyer must do their own due diligence on bed, bath count and rent projections after property improvements. Back unit is currently leased for $700 per month, plus storage for $200 a month for a total of $900. Sale is subject to the back occupants remaining at the close of escrow.

Property Information

Property Type:Single Family Home
Address: 3452 Plata Street
Los Angeles , CA 90026
(View on map)
Bedrooms:3
Bathrooms:3
Square Feet:1,208
Lot Size:4,636 Sq Ft
Property APN:5401-011-006

Auction Information

Status:Available
Listing Price$799,000

Listing Agent Information

Agent Name: Casey Napolitano (email)
Agent Phone: 818-404-5090
Company: Kennedy Wilson Real Estate Sales & Marketing

34.078276, -118.2838379

This property (the "Property") is offered together with improvements thereon "as is, where is" with no warranty expressed or implied. The Seller and Kennedy Wilson make no representations regarding the Property offered for sale such as size and condition of improvements, lot size, boundaries, zoning, code violations, compliance with applicable ordinances, property features, rights, obligations, etc. All information and documents provided by the Seller and Kennedy Wilson are from sources deemed to be reliable but are not guaranteed. A prospective purchaser must rely on its own investigation and inspections prior to purchasing. Property is offered subject to withdrawal or prior sale at any time prior to a legally binding purchase and sale agreement. The legally binding purchase and sale agreement contains the entire agreement between parties and supersedes all prior communications, whether oral or written, express or implied, between the parties. EQUAL HOUSING OPPORTUNITY