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3415 Plata Street, Silver Lake, CA 90026

6 Bed, 4 Bath Multi-Family Home For Sale

3415 Plata Street, Silver Lake, CA 90026 House For Sale - MLS #17211444
Off the Market
$1,089,000
6
4
Multi-Family
2 Family
This listing is courtesy of David Bramante from Keller Williams Realty Downtown LA.

Property Description for 3415 Plata Street, Silver Lake, CA 90026

HUGE PRICE REDUCTION for this HUGE SILVER LAKE DUPLEX. Built in 1978 and one unit will be delivered vacant. Rent for $3500+ per month. Estimated return / cap rate is 5.4%+ which is amazing for the neighborhood and LA in general. First time on the market in 45 years! This awesome property consists of one two-story apartment building, comprised of two very large three-bedroom / two-bathroom units. The units are stacked, and the bottom unit is owner-occupied with family members and the top unit is rented, month to month, for $2400 per month (tenants seems willing to be bought out). One unit will be delivered vacant at the close of escrow. AND there is plenty of parking in the back, accessed by a private driveway. Landlord pays for water and sewage.

Interior Details

2,689 sq. ft.
$404.98/sq. ft.
Other

Exterior Details

0.11 acres
4,680 sq. ft.
4

Other Details

17211444
1978

Units Description

Unit #1
Bedrooms: 3      Full / Half Baths: 2      Rent: $3,500     

Unit #2
Bedrooms: 3      Full / Half Baths: 2      Rent: $3,500     

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Monthly Mortgage Payments

$4,947
$6,889

Town Description

Silver Lake is a hilly neighborhood in the city of Los Angeles, California east of Hollywood and northwest of Downtown Los Angeles. Silver Lake is inhabited by a wide variety of ethnic and...

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