700 Robinson St, Los Angeles, Los Angeles County, CA, 90026 Los Angeles CA US

USD 2,099,000
For Sale MLS: 23-229677

Property Details

Bedrooms

12

Bathrooms

6

Neighborhood

Silver Lake

Property Type

MultiFamily

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 a prized asset that has been family owned for over the past 40+ years, and the owners are ready to retire. Call for rent roll, P&L, photos. Find out more about this property. Request details here

Location

Address

700 Robinson Street, Los Angeles, California 90026, United States

City

Los Angeles

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