Description
Prime mid century 8 unit apartment building perched on a picturesque hilltop in Silver Lake near Sunset Junction! Four units are 2 Bedrooms, and four are 1 Bedrooms, with units averaging 818 SF each. 1 unit is currently vacant. The property boasts expansive views of Downtown Los Angeles, spacious apartments, a corner lot, tuck under parking (soft story retrofit was completed in 2022), and much more. The property has approximately 90% upside in rents, making this an ideal "value-add" acquisition to a savvy investor's portfolio. The property has good bones, an excellent location near the new Target on Bellevue, views from some apartments, is nicely maintained and easily managed. Laundry room with tenant storage. Passed SCEP in 2022. 700 N. Robinson is a prized asset that has been family owned for over the past 40+ years, and the owners are ready to retire. RARE SILVER LAKE MULTIFAMILY SALE! Call listing agent for a full marketing package with rent roll, P&L, photos, and more.
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Listing Agent: Dana Coronado 01746702 Courtesy of: Equity Union "All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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Updated: 1st February, 2023 5:52 PM (UTC)
