3401 Plata Street

    Silver Lake, CA 90026
    • $890,008
    • STATUS: Active
    • ON SITE: 110 days
    • ID#: OC19157728
    UPDATED: 52 min ago
    $890,008
    • 0
      BEDS
    • 0.08
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 1,330
      SQFT
    • $669
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1921
    County:

    School Ratings & Info

    Description

    One unit will be vacant in Sept. Qualifies for owner occupied buyers. Have the cake and eat it too, best of broth worlds = income Duplex (2 legal units) in Silver Lake and or development opportunity with PLANs for a new 3 stories building (duplex) seeking approval. Highly desirable area w/ multiple developments & revitalization projects close by. Lots of money are being invested to modernize the area. Walking distance to K- Town / Vermount, all the metro-city living of Silver Lake. 2 garage parking. Both unit have central AC/Heating. separate garage parking for each unit. each has their own gated front lawns. Corner lot with plenty of parking spaces. separate gas and electric meter, owner pays water. Mins to DTLA. Here is the best part. investor and developers, this property is located right next to a project that just sold over $3million. Perfect for a 1031 Exchange or to park some capital with cashflow. Current plans going through the approval process stages on green approval to build a 3 stores duplex (4/3 each unit over 4000 sqft total) on the same site. It would have view of the city lights of DTLA & the master suite on the 3rd stories would have view of the famous Hollywood sign.

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-10-22T17:36:34.683. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or First Team Real Estate. Licensed in the State of California, USA.
    www.theashleycooperteam.com/homes/96549972

    3401 Plata Street Silver Lake, CA 90026

    • Price: $890,008
    • Status: Active
    • Updated: 52 min ago
    • ID#: OC19157728
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.08
    Acres
    1,330
    SQFT
    $669
    $/SQFT
    1921
    Built
    Neighborhood:
    671 - Silver Lake
    County:
    Los Angeles
    Area:
    671 - Silver Lake
    Property Description
    One unit will be vacant in Sept. Qualifies for owner occupied buyers. Have the cake and eat it too, best of broth worlds = income Duplex (2 legal units) in Silver Lake and or development opportunity with PLANs for a new 3 stories building (duplex) seeking approval. Highly desirable area w/ multiple developments & revitalization projects close by. Lots of money are being invested to modernize the area. Walking distance to K- Town / Vermount, all the metro-city living of Silver Lake. 2 garage parking. Both unit have central AC/Heating. separate garage parking for each unit. each has their own gated front lawns. Corner lot with plenty of parking spaces. separate gas and electric meter, owner pays water. Mins to DTLA. Here is the best part. investor and developers, this property is located right next to a project that just sold over $3million. Perfect for a 1031 Exchange or to park some capital with cashflow. Current plans going through the approval process stages on green approval to build a 3 stores duplex (4/3 each unit over 4000 sqft total) on the same site. It would have view of the city lights of DTLA & the master suite on the 3rd stories would have view of the famous Hollywood sign.
    Exterior Features

    Construction Materials Stucco Fence YN Yes Fencing MasonryWood Foundation Details Raised Garage Spaces 2.00 Lot Features Front YardSprinkler System Lot Size Source Estimated Lot Size Units Square Feet Parking Features Assigned Parking Total 2.00 Parking YN Yes Pool Features None Pool Private YN No Property Attached YN Yes

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls 1 Common Wall Cooling Central Air Cooling YN Yes Fireplace Features None Fireplace YN No Flooring Laminate Heating Central Heating YN Yes Interior Features Granite Counters Laundry Features None Levels One Room Type All Bedrooms Down

    Property Features

    Additional Parcels YN No Building Area Units Square Feet Community Features CurbsSidewalksUrban Country Us Electric Expense 0.00 Elevation Units Feet Fuel Expense 0.00 Green Energy Efficient Appliances Gross Income 41256.00 Gross Scheduled Income 41256.00 Insurance Expense 1200.00 Land Lease YN No Laundry YN No Maintenance Expense 3400.00 Net Operating Income 28880.00 New Construction YN No New Taxes Expense 0.00 Number Of Separate Electric Meters 2 Number Of Separate Gas Meters 2 Number Of Separate Water Meters 1 Number Of Units Leased 2 Number With Dishwasher 2 Number With Disposal 2 Number With Range 2 Operating Expense 5600.00 Rent Control YN Yes Security Features Carbon Monoxide Detector(S) Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Sprinklers YN Yes Subdivision Name Other Echo Park - Elysian Valley Tenant Pays ElectricityGas Total Actual Rent 3438.00 Total Expenses 5600.00 Trash Expense 0.00 Utilities Sewer ConnectedWater Connected Water Sewer Expense 1000.00 Water Source Public Year Built Source Public Records Zoning Lard1.5

    Listing provided courtesy of Tiffany Phan of Tiffany Phan


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-10-22T17:36:34.683. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or First Team Real Estate. Licensed in the State of California, USA.
     
    First Team Real Estate
    CA,