639 Robinson Street

Los Angeles, CA 90026

$2,825,000

List Price

11

bed Beds

6

shower Baths

4,073 sqft

straighten / sqft

1931

calendar_month Built

Property Description

Discover the perfect turn-key investment opportunity with this exceptional Silver Lake 6-unit building. Boasting a prime location and outstanding unit mix, this property is a gem for savvy investors. WITH AN ASSUMBLE LOAN OF APPROXIMATELY $1,650,000 AT A VERY LOW RATE OF 3.6%, FIXED FOR APPROXIMATELY THE NEXT 7 YEARS WITH PAYMENTS AMORTIZED OVER 30 YEARS, this investment offers a solid financial foundation. Featuring five 2-bedroom/1-bathroom units and one 1-bedroom/1-bathroom unit, this property caters to a diverse range of tenants. The meticulously restored units showcase modern upgrades and stylish finishes, ensuring tenant satisfaction and maximizing rental potential. Convenient amenities include two garages, four on-grade parking spaces, and separate metering for electricity and gas in each unit. The front building, constructed in 1960, houses four of the 2-bedroom units, while the rear duplex offers a spacious 2-bedroom unit over a double car garage and a 1-bedroom unit. Currently under professional management, this property offers a seamless investment opportunity with the option for personal management. Don't miss out on this rare chance to own a premium income-generating property in one of Silver Lake's most sought-after neighborhoods. Take advantage of the assumable loan and secure your place in this thriving real estate market today!

Listing Information

List Price $2,825,000
Status Active
MLS 24420339
Type Residential Income
Year Built 1931
Lot Size 6,618
Structure Size 4,073
DOM 57
Courtesy Of Keller Williams Larchmont
Listing Agent Peter V Buonocore DRE#01279107
Co-Listing Agent Lane Aronson DRE#00681193

Interior Features

Total Bedroom
Bedrooms 11
Total Bathroom
Bathrooms 6

Exterior Information

Maps

Listing information courtesy of: Peter V Buonocore, Lane Aronson, Keller Williams Larchmont . *Based on information from the Association of REALTORS/Multiple Listing as of Sep 30th, 2024 at 5:51 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.