4331 Gateway Avenue, Los Angeles, CA 90029

$1,599,000 Approx. USD 0 beds, 0 baths
4,654 sqft

Agent Remarks

This is an amazing four-plex in one of the most desirable areas of Silver Lake in Los Angeles. This property is right off Sunset Blvd and Santa Monica Blvd, and your units will NEVER be empty with lines out the door to rent. Front unit is a huge 4 bed 3 bath two story suite. Cap rate of 5.6% at current list price. Units could be rented for more than stated on Pro-Forma. To maximize your rents you could even turn this complex into an Air BNB business and gain up to 20% more than Pro-Forma. This 4654 total square foot building is one of the largest four-unit buildings in the area. The property itself is a must see for any investor, or family looking to acommodate the entire family. FOUR SEPARATE GAS AND ELECTRIC METERS!!!! THAT'S HUGE! GREAT FOR FAMILIES MOVING HERE FROM OUTSIDE OF THE AREA. More pictures to follow shortly. Unit Details: #1: 4/3 - 1800sqft - $4000 month #2: 2/1 - 1050sqft - $2200 month #3: 2/1 - 1050sqft - $2200 month #4: 1/1 - 800sqft - $1500 month

Listing Details

Property type: (Multi-Family)
Status: Active
MLS# PW16132059
List price is $1,599,000 Reduced by $100,000 on 7/7/2016
Beds: 0
Baths: 0
Built in 1969
4,654 sqft
0.11 acres
Lot size: 5009.000
County: Los Angeles
MLS area: 671 - Silver Lake

Last Updated: 8/16/2016

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This listing belongs to the 671 - Silver Lake MLS area

Lat/Long: 34.094856, -118.284035.
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Broker: Courtesy of F.A.I.R. Plan Inc.
Listing Agent: Erick Smith

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Total population of , which has changed by % since 1990.
The median age of the population is , while the median age of dwellings is .
Out of households, are families.

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