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Listed by Freddie Gershinson, DRE #02254744 • Lyon Stahl Investment Real Estate, Inc.
$1,175,000
Est. payment /mo
9,035 Sqft Lot
Price Dropped by $75K
334 Robinson Los Angeles, CA 90026
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Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRSB26214119
Year Built 1924
Lot Size 9,035 Sqft
Property Sub-Type Triplex
Source California Regional MLS
Property Description
Value-add triplex. 4BD/2BA front unit delivered vacant is ready for an owner-user to move right in, or for immediate lease-up at $4,500/mo market rent. Live in front and let the rear duplex help pay the mortgage. Rare 9,032 SF lot in Silver Lake-adjacent Los Angeles (90026). Offered at $1,175,000 ($396/SF). Seller has upgraded the roof, electrical panels, and copper plumbing throughout. RAS3 zoning, confirmed 3-unit C of O but recorded as a fourplex on title, with a path to restore the 4th legal unit (buyer to verify). Lot size and unit count may also qualify for up to 4 ADUs by-right under SB 1211's ministerial approval (buyer to verify). Rear duplex carries 210%+ rent upside on turnover. 4.91% current cap rate / 6.54% pro forma, no construction required. Last non-redeveloped lot on this block of Robinson St; every neighboring parcel already rebuilt as new construction. Minutes to Silver Lake, Echo Park, East Hollywood, Koreatown, Larchmont.
Location
State CA
County Los Angeles
Area C21 - Silver Lake - Echo Park
Interior
Laundry Laundry Area
Exterior
Pool None
Building
Lot Description Irregular
Water District - Public
Others
Tax ID 5156007016
Special Listing Condition Not Applicable
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