Thank you
Eugene Ridenour
Compass
626-205-4040
Welcome to 4112 Effie Street, a prime investment opportunity nestled in the sought-after Silver Lake neighborhood of Los Angeles, CA. This property presents a rare chance to acquire a 5-unit investment property with immense potential. The property comprises 4 one-bedroom, one-bathroom units, along with a studio + one bath unit. Spanning across 2,739 square feet of living space, this investment property sits on a generous lot of 8,203 square feet. Zoned LARD1.5, this offering also presents the potential for future development opportunities, making it an enticing prospect for savvy investors.This property offers a unique chance to capitalize on the thriving rental market in Silver Lake. Whether you're seeking an income-generating investment or considering future development possibilities, this property is a compelling option. Close to Sunset Junction with all the amazing shops and restaurants, Erewhon, Farmer's Market, The Win~Dow burger spot, Tartine, and so much more.
Sell a home like this and save $89,201 Find Out How
Total Bedrooms : 5
Total Baths: 5
Full Baths: 0
Half Baths: 0
Property Appliances: Refrigerator
Wall/Window Unit(s)
Air Conditioning
Wall Furnace
Has Heating
Year Built: 1935
Building Area Total: 2,739
Lot Dimensions Source: Vendor Enhanced
Lot Size Acres: 0.1882
Lot Size Source: Vendor Enhanced
Lot Size Square Feet: 8198
Original List Price: 1,495,000
Listing Contract Date: 2024-04-22
Listing Agreement: Exclusive Right To Sell
Parcel Number: 5429009012
Garage Description: Driveway
Lease Term: Negotiable
Source Listing Status: Active
Source Neighborhood: C21 - Silver Lake - Echo Park
Postal Code Plus 4: 2210
Directions: Between Myra and Hyperion
Zoning: LARD1.5
Source Property Type: Residential Income
Area: C21 - Silver Lake - Echo Park
Property Age: 89
Year Built Source: Vendor Enhanced
Total Square Feet Living: 2739
Levels or Stories: One
Building Total Stories: 1
Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
---|---|---|---|---|---|
933 N Mariposa Avenue, Los Angeles, CA,90029 | $3,200,000 | -- | -- | 6,426 | 9000 Sqft |
5017 Institute Place, Los Angeles, CA,90029 | $2,900,000 | -- | -- | 8,080 | 5746 Sqft |
811 N Kenmore Avenue, Los Angeles, CA,90029 | $1,149,000 | 3 | 2 | 1,555 | 5148 Sqft |
806 N Oxford Avenue, Los Angeles, CA,90029 | $1,349,000 | 4 | 2 | 1,700 | 5970 Sqft |
867 N Alexandria Avenue, Los Angeles, CA,90029 | $2,200,000 | 6 | 6 | 4,040 | 5130 Sqft |
867 N Alexandria Avenue, Los Angeles, CA,90029 | $2,200,000 | 2 | 1.5 | 4,040 | 5130 Sqft |
1214 N Kingsley Drive, Los Angeles, CA,90029 | $3,500,000 | -- | -- | 6,703 | 7893 Sqft |
725 N Normandie Avenue, Los Angeles, CA,90029 | $1,239,900 | 6 | 6 | 2,090 | 8763 Sqft |
5449 S Virginia Avenue, Los Angeles, CA,90029 | $1,850,000 | 10 | -- | 4,877 | 7502 Sqft |
932 N Kingsley Drive, Los Angeles, CA,90029 | $1,250,000 | -- | -- | -- | 9035 Sqft |
Copyright © 2024 by the Multiple Listing Service of the California Regional MLS®. This information is believed to be accurate but is not guaranteed. Subject to verification by all parties. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of the Multiple Listing Service of the California Regional MLS®. Information Deemed Reliable But Not Guaranteed. Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited.
ByOwner last updated this listing 05/07/2024 @ 11:26
MLS: 24383055
LISTED BY: Eugene Ridenour, Compass
SOURCE: CRMLS
Buyer Agency Compensation: 2%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.