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  • DESCRIPTION

    We are pleased to present 3209 Descanso Drive, a 16 unit apartment community in L.A.'s most compelling rental market, Silver Lake, CA (90026). The offering, built in 1928, is less than one block from the iconic Sunset Blvd. The current ownership has executed an impressive renovation strategy that has attracted and supported excellent market rents with well qualified residents for the newly renovated apartment homes. Eight (8) of the sixteen (16) apartment homes (50% of units) feature re imagined interiors with expanded doorways / inner spaces, gut-levelrenovated baths and kitchens, new gleaming wood floors, new doors, lighting, locks, and hardware.

    KEY DETAILS
    • Price:
    • $4,550,000
    • Bedrooms:
    • 1
    • Square Footage:
    • 9,583
    • Acreage:
    • 0.12
    • Year Built:
    • 1928
    • MLS #:
    • 18351492
    • Street Address:
    • 3209 Descanso Dr
    • City:
    • Los Angeles
    • State:
    • CA
    • Postal Code:
    • 90026
    • County:
    • Los Angeles
    • Area:
    • Silver Lake
    • Listing Status:
    • For Sale - Active

    Building

    • Building Floors:
    • 3
    • Number Of Units:
    • 16
    • Square Footage Source:
    • Vendor Enhanced
    • Total # Of Buildings:
    • 1
    • Total Building Square Footage:
    • 9583
    • Unit2 Bedrooms:
    • 1
    • Year Built:
    • 1928

    Business

    • Adjusted Gross Income:
    • 271717.00
    • Net Operating Income:
    • 179952.00

    Land

    • Approximate Lot Size Range Source:
    • Vendor Enhanced
    • Conforms To Zoning:
    • Lar3
    • Lot Square Footage:
    • 5421

    Listing

    • Days On Market:
    • 161

    Money

    • Price Per Square Foot:
    • 474.80

    Structures

    • Parking Type:
    • On Street

    Source

    • Listing Provided By David Weinberger of Keller Williams Studio City (DRE#: 01349349)

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    NOTES

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