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$ 1,525,000
Est. payment /mo
Pending
905 Sanborn Avenue Los Angeles, CA 90029
4,318 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Pending
Purchase Type For Sale
Square Footage 4,318 sqft
Price per Sqft $353
MLS Listing ID CL26862521
HOA Y/N No
Year Built 1927
Lot Size 5,467 Sqft
Acres 0.1255
Property Sub-Type Other
Property Description
FULLY OCCUPIED SILVER LAKE MULTIFAMILY INVESTMENT WITH ADJOINING ASSEMBLAGE OPPORTUNITYPresenting 905 Sanborn Avenue, a fully occupied LARD1.5 multifamily income property generating approximately $153,696 in established annual rental income. Situated on an approximately 5,467-square-foot lot, the property offers immediate cash flow in a highly desirable Los Angeles rental market.Ideally positioned in a vibrant, walkable neighborhood, the property is within walking distance of Erewhon Market and close to an exceptional selection of cafs, restaurants, boutiques, shops and neighborhood services. Convenient access to Silver Lake, Los Feliz, East Hollywood and Hollywood enhances its appeal to tenants and investors. The adjoining 904-906 Manzanita Street property, a separate major-fixer triplex, is owned by the same seller. The properties have separate APNs, no dividing backyard wall, and approximately 11,110 square feet of combined contiguous land extending from Sanborn Avenue to Manzanita Street. They may be purchased separately or together. Buyer to independently verify legal unit count, square footage, permits, rents, expenses, rent-control status, zoning, and all development possibilities. Do not disturb occupants or enter the property without being accompanied by the listing agent.
Location
State CA
County Los Angeles
Zoning LARD1.5
Interior
Flooring Wood
Fireplace No
Building
Water Other
New Construction No
Others
Tax ID 5427005022
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Listed by Faye Bogari • Bogari Agency