$1,279,000
234 Vendome Street, Los Angeles 90057
9
Beds
5
Baths
2,926
Square feet
6,010
Lot Size
3
# Of Units
Listing Agent
Vanessa Yan - Soulful Abode Los AngelesSitting at the intersection of the Eastside's most desirable neighborhoods between Silver Lake and Virgil Village in newly-minted hotspot Rampart Village is this very rare income producing Victorian style triplex that offers a myriad of options from owner-occupying to holding for investment or future redevelopment courtesy of its highly coveted LARD 1.5 zoning and 2-car garage with ADU potential. Nestled among a verdant and private front yard, the property has the most valuable configuration for investors: a detached, move-in ready 3 bedroom/3 bathroom home in the front, complemented by a duplex at the rear. The duplex, currently rented at $4413/month, consists of a 4 bedroom/2 bathroom unit upstairs and a 2 bedroom/1 bathroom unit downstairs. The front house, with a market rent potential of $4500/month, features high ceilings, vintage architectural details, a new kitchen, baths, central AC and a new roof installed in 2023. With the duplex currently rented at $4413/month and market rent for the vacant front house at $4500/month, the entire mortgage would be covered with over $1700/month positive income with just 20% down. Better yet, if living in the main house, an owner-occupant would have the majority of their mortgage covered. Centrally located to all the Eastside's most desirable gems of Echo Park, Silver Lake, Los Feliz and 8 minutes to world class destinations in DTLA like The Broad, Walt Disney Concert Hall and walking distance to some of the trendiest shops and eateries, this is a rare find not to be missed.
Facts & Features
MLS® # | 24371351 |
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Price | $1,279,000 |
Bedrooms | 9 |
Bathrooms | 5.00 |
Square Footage | 2,926 |
Lot Size | 6,010 |
Year Built | 1905 |
Type | Residential Income |
Style | Victorian |
Status | Active Under Contract |
# Of Units | 3 |
Community Information
Address | 234 Vendome Street |
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Area | C42 - Downtown L.A. |
City | Los Angeles |
County | Los Angeles |
Zip Code | 90057 |
Amenities
Parking Spaces | 2 |
---|---|
Parking | Door-Multi, Garage |
Garages | Door-Multi, Garage |
Is Waterfront | No |
Has Pool | No |
Interior
Appliances | Refrigerator, Dryer, Washer |
---|---|
Heating | Central |
Has Basement | No |
Fireplace | No |
# of Stories | 2 |
Stories | One |
Additional Information
Date Listed | March 21st, 2024 |
---|---|
Days on Market | 38 |
Zoning | LARD1.5 |
Foreclosure | No |
Short Sale | No |
RE / Bank Owned | No |
Listing Details
Agent | Vanessa Yan |
---|---|
Office | Soulful Abode Los Angeles |