957 N Vendome Street, Los Angeles, CA 90026

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Inversión Activa

957 N Vendome Street

$2,550,000

Descripción general

ID de la propiedad: HZ26791355

21
Habitaciones

11
Baños

8588
Sq Ft

1924
Año de construcción

Descripción

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.