957 N Vendome ST, Los Angeles, CA 90026
957 N Vendome ST, Los Angeles, CA 90026
957 N Vendome ST, Los Angeles, CA 90026
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Diego Magdaleno

Diego Magdaleno

+1(714) 376-8652
$2,550,000
Est. payment /mo
21 Beds
11 Baths
8,588 SqFt
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UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 8,588 sqft

Price per Sqft $296

MLS Listing ID 26791355

Bedrooms 21

HOA Y/N No

Year Built 1924

Lot Size 7,352 Sqft

Property Description

Built in 1924, 957 Vendome Street is a unique investment opportunity on one of Silver Lake's best streets. The asset boasts eight (8) large, spacious units at +/- 1,100 SF each) and an excellent unit composition. All Two & Three Bedroom Units. Three of the eight units have seen top-to-bottom remodels, featuring reimagined living rooms and kitchens, new flooring, modern lighting, updated kitchens and bathrooms, in-unit washers/dryers, and new stainless-steel appliances. Opportunity to nearly double (2X) existing rents. Steps from the iconic Silver Lake Blvd, 957 Vendome Street provides easy access to many of the hippest dining and shopping destinations that make Silver Lake so famous. There is a significant affordability gap in homeownership in the Silver Lake sub-market. As the median home price in the 90026 Zip Code is approximately $1,314,833, a typical monthly mortgage payment is 1.5-2 times the average renovated rent at 957 Vendome Street.

Location

State CA

County Los Angeles

Area C21 - Silver Lake - Echo Park

Zoning LAR2

Interior

Fireplace No

Exterior

Parking Features On Street

Building

Story 8

Entry Level Two

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 5426016011

Special Listing Condition Standard

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Listed by Nick Astrupgaard KW Commercial Studio City #01893466

NEARBY SCHOOLS & PROPERTIES

Diego Magdaleno

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