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3209 Descanso Drive

Los Angeles, CA 90026
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Bed 6

Bed

Bath 0

Bath

SqFt10,559

Sqft

SqFt5,499

Sqft(Lot)

We are pleased to present 3209 Descanso Drive, a 17-unit apartment community located in the Silver Lake neighborhood of Los Angeles, located on the corner of Descanso Dr and Larissa Dr, just off of Sunset Blvd. Ownership has completed recent common area capital improvements such as new entrance stairs, exterior paint, new fence, new access control video intercom system and wall heater replacement for select units. There is also RUBS in place, and a common area laundry room with two washers and two dryers. The property consists of nine singles, seven one-bedrooms, and one two-bedroom ADU in the basement that is currently under construction and is scheduled to be completed in May 2026. Many units have undergone interior renovations including luxury vinyl plank flooring, new paint, lighting f ixtures, stainless steel appliances, tile bathrooms, and custom cabinetry. Within walking distance to neighborhood restaurants, retail, and entertainment venues along Sunset Blvdincluding Pine & Crane, Bacari Silver Lake, Intelligentsia Coffee, and Erewhon Marketthe property provides convenient access to surrounding Silver Lake amenities. The asset features a Walk Score of 96 ("Walker's Paradise"), allowing residents to accomplish most daily errands without a vehicle, and is one mile from the Metro Red rail line and steps to multiple Metro local lines on Sunset Blvd. There is strong existing cash flow with the property being offered at a 6.49% CAP rate and 9.68 GRM on current income. Silver Lake continues to attract a mix of young professionals, creatives, and families drawn to its neighborhood feel and concentration of restaurants, boutiques, coffee shops, and entertainment along the Sunset corridor.

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Detail Ic Property Details

Property Type : Residential Income

Price : $3,600,000

AD Id : 76501441

MLS Id : 26670235

Beds : 6

Lot Size : 5,499 Sqft

Living Area Size : 10,559

Year Built : 1928

County : Los Angeles

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Feature Features

  • Bedroom Information

    Total Bedrooms: 6

    Bathroom Information

    Total Baths: 17 Full Baths: 0 Half Baths: 0
  • Cooling Features

    None Air Conditioning

    Heating Source

    None Has Heating

  • Building Information

    Year Built: 1928 Building Area Total: 10,559

  • Lot Details

    Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.1262
  • Lot Size Source: Vendor Enhanced Lot Size Square Feet: 5499

  • Listing Price Information

    Original List Price: 3,600,000 Listing Contract Date: 2026-03-26
  • Lease Information

    Listing Agreement: Exclusive Right To Sell

  • Tax Information

    Parcel Number: 5426007001

  • Garage and Parking

    Garage Description: None

    Homeowners Association

  • Other Property Info

    Source Listing Status: Active Source Neighborhood: C21 - Silver Lake - Echo Park Directions: Corner Descanso Dr & Larissa Dr Zoning: LAR3 Source Property Type: Residential Income Area: C21 - Silver Lake - Echo Park
  • Building and Construction

    Property Age: 98 Year Built Source: Vendor Enhanced Total Square Feet Living: 10559 Levels or Stories: Multi/Split
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
2168 Princeton Avenue, Los Angeles, CA, 90026 $3,495,000 3 2 2,509 2,509 SqFt
2144 Echo Park Avenue, Los Angeles, CA, 90026 $1,495,000 3 1 1,396 1,396 SqFt
2140 Lemoyne Street, Los Angeles, CA, 90026 $2,500,000 3 -- --
1911 Echo Park Avenue, Los Angeles, CA, 90026 $999,000 3 -- 1,728 1,728 SqFt
1188 Innes Avenue, Los Angeles, CA, 90026 $3,500,000 13 -- 10,470 10,470 SqFt
1804 Echo Park Avenue, Los Angeles, CA, 90026 $1,500,000 5 -- 2,319 2,319 SqFt
1458 Sutherland Street, Los Angeles, CA, 90026 $2,890,000 6 -- 3,187 3,187 SqFt
1303 Lilac Terrace, Los Angeles, CA, 90026 $4,300,000 -- -- 5,975 5,975 SqFt
1314 W Cannon Drive, Los Angeles, CA, 90026 $1,525,000 3 3 2,127 2,127 SqFt
991 Everett, Los Angeles, CA, 90026 $1,600,000 -- -- 6,426 6,426 SqFt

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ByOwner last updated this listing 06/15/2026 @ 21:59

MLS: 26670235 LISTED BY: Neema Ahadian, Marcus & Millichap 310-909-5500 SOURCE: CRMLS

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