Price $1,295,000
Status Active
Beds 0
Baths 0 bath
Home size n/a
Lot Size 6,534 sqft
Days on Market 58
Development opportunity in prime "Virgil Village" location adj. to Silverlake. Build into stabilized 6.5% cap rate upon lease up. Project delivered RTI "shovel ready". Build two duplexs behind existing SFR as follows: Duplex A- (2) 1,235 SF three-story 3bd/2.5ba townhouses w/ private rooftop decks w/ dramatic landmark & city light views. Duplex B- (2) 1,060 SF two-story 2bd/1.5ba townhouses, & 800 SF existing freestanding 2bd/1.5ba single family home. Each apartment home has W/D, and two parking spaces accessed through the rear alley. Existing home is 3BR and is currently being leased for $3,500/mo and can be delivered vacant. Situated in central location, two blocks from Metro & a few blocks from Silverlake's uber popular Sunset Junction. Walking distance to LA City College, restaurants, shops, markets with 90 walk score. Marketing package available upon request.
Property Type(s): Lot/Land/Acreage
Last Updated 7/19/2017 Year Built 0
Community 671 - Silver Lake County Los Angeles

Price History

Prior to Jun 29, '17 $1,300,000
Jun 29, '17 - Today $1,295,000

Additional Details

AREA 671 - Silver Lake
HOA DUES 0
LOT 6534 sq ft
LOT DIMENSIONS A.15
UTILITIES Phone Available
VIEW Yes
VIEW DESCRIPTION City Lights,Landmark

Location

 

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Listing provided by : Shawn S. Kormondy CalBRE:01451888, Keller Williams Beverly Hills

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