334 Robinson, Los Angeles, CA 90026
334 Robinson, Los Angeles, CA 90026
334 Robinson, Los Angeles, CA 90026
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The Warburton Team Brokered By EXp

The Warburton Team Brokered By EXp

+1(626) 630-2141
$1,250,000
Est. payment /mo
9,034 Sqft Lot
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UPDATED:

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

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.

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, 1031 Exchange

Listing Terms Cash, Cash to New Loan, 1031 Exchange

Special Listing Condition Standard

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Listed by Freddie Gershinson Lyon Stahl Investment Real Estate, Inc. #02254744

NEARBY SCHOOL & BUSINESS

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