CA > Los Angeles
Los Angeles, CA 90026,957 N Vendome ST
Los Angeles, CA 90026,957 N Vendome ST
Los Angeles, CA 90026,957 N Vendome ST
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The Warburton Team Brokered By EXp

The Warburton Team Brokered By EXp

+1(626) 630-2141
$3,250,000
Est. payment /mo
8,588 SqFt
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UPDATED:

02/21/2025 12:53 AM

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 8,588 sqft

Price per Sqft $378

MLS Listing ID 25501235

HOA Y/N No

Year Built 1924

Lot Size 7,352 Sqft

Property Description

Built in 1924, 957 Vendome Street is a unique and special investment opportunity on one of the best streets in Silver Lake. 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 $1,215,452, a typical monthly mortgage payment is 1.5 - 2 times more than the average renovated rent at 957 Vendome Street.

Location

State CA

County Los Angeles

Area C21 - Silver Lake - Echo Park

Zoning LAR2

Interior

Fireplace No

Exterior

Parking Features On Street

Building

Story 2

Entry Level Two

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 5426016011

Special Listing Condition Standard

Read Less Info
California Regional MLS (CRMLS)
Listed by Nick Astrupgaard • KW Commercial Studio City

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