15
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$1,175,000
Est. payment /mo
9,034 Sqft Lot
Price Dropped by $75K
334 Robinson Los Angeles, CA 90026
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Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID SB26214119
HOA Y/N No
Year Built 1924
Lot Size 9,034 Sqft
Property Sub-Type Triplex
Property Description
Value-add triplex. 4BD/2BA front unit delivered vacant is ready for an owner-user to move right in, or for immediate lease-up at $4,500/mo market rent. Live in front and let the rear duplex help pay the mortgage. Rare 9,032 SF lot in Silver Lake-adjacent Los Angeles (90026). Offered at $1,175,000 ($396/SF). Seller has upgraded the roof, electrical panels, and copper plumbing throughout. 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). Rear duplex carries 210%+ rent upside on turnover. 4.91% current cap rate / 6.54% pro forma, no construction required. 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.
Location
State CA
County Los Angeles
Area C21 - Silver Lake - Echo Park
Interior
Fireplace No
Laundry Common Area
Exterior
Pool None
Community Features Curbs, Street Lights, Sidewalks, Urban
Private Pool No
Building
Lot Description Back Yard, Front Yard, Irregular Lot
Story 2
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 5156007016
Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange, FHA, VA Loan
Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange, FHA, VA Loan
Special Listing Condition Standard
Lease Land No
Listed by Freddie Gershinson Lyon Stahl Investment Real Estate, Inc. #02254744
NEARBY SCHOOL & BUSINESS
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