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(562) 376-6792
Century 21 A Better Service
334 Robinson, Los Angeles, CA 90026
- $1,250,000
- List Price
- $1,250,000
- Status
- ACTIVE
- MLS#
- SB26214119
- Year Built
- 1924
- Lot Size
- 9,035
- Acres
- 0.21
- Lot Location
- Back Yard, Front Yard, Irregular Lot
- Days on Market
- 0
- Property Type
- Multifamily
- Property Sub Type
- Triplex
Property Description
Rare 9,032 SF multifamily lot in Silver Lake-adjacent Los Angeles (90026). Offered at $1,250,000 ($422/SF). Value-add triplex, RAS3 zoning, confirmed 3-unit C of O but recorded as a fourplex on title, with a path to restore the 4th legal unit (buyer to verify). Lot size and unit count may also qualify for up to 4 ADUs by-right under SB 1211's ministerial approval (buyer to verify). Vacant 4BD/2BA front unit ready for owner-user or immediate lease-up at $4,500/mo market rent; rear duplex carries 210%+ rent upside on turnover. 4.61% current cap rate / 6.15% pro forma, no construction required. Seller has upgraded the roof, electrical panels, and copper plumbing throughout. Last non-redeveloped lot on this block of Robinson St; every neighboring parcel already rebuilt as new construction. Minutes to Silver Lake, Echo Park, East Hollywood, Koreatown, Larchmont.
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Additional Information
- Pool Description
- None
- Sewer
- Public Sewer
- Water
- Public
- Attached Structure
- Detached
- Number Of Units Total
- 3
- Gross Scheduled Income
- $86,592
- Operating Expense
- 25375
Listing courtesy of Listing Agent: Freddie Gershinson (freddie@lyonstahl.com) from Listing Office: Lyon Stahl Investment Real Estate, Inc..
Mortgage Calculator
Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.