Under the same family ownership for more than 50 years, this asset presents an investor with a prime opportunity to reposition and add value, as current rents are approximately 83% below local market rates. Located within two blocks of Sunset Boulevard, near the intersection of Silver Lake Boulevard and Sunset Boulevard, the property grants tenants access to some of the trendiest restaurants, boutiques, and coffee shops within both Silver Lake and Echo Park. Sunset Junction is only 1.5 miles from the building, while the dense employment center in Downtown Los Angeles is merely 2 miles southeast. A new small format Target recently opened less than a half-mile from the building. Tenants enjoy convenient access to the Greater Los Angeles metro via the 101 Freeway, within onramps just blocks from the property.
Property Details
Property Features
Property Information:
Year Built: 1965
Stories: 2
Living Area: 10,038 SqFt
Listing Office:
Office Name: Marcus & Millichap
Office Phone: (818) 212-2700
Listing Agent: Roderick 'Rick' Raymundo
Interior Features
Bedroom and Bathroom Information:
Total Bedroom Count: 18
Exterior Features
Parking Information:
Parking: Assigned
Lot Features
Lot Information:
Lot Size: 0.22 Acres
School Info
Assigned Schools Information:
Belmont Senior High School, Public District Grades 9-12
Edward R. Roybal Learning Center, Public District Grades 9-12
Contreras Learning Center-Academic Leadership Community, Public District Grades 9-12
Virgil Middle School, Public District Grades 6-8
Studio, Public District Grades 6-8
Micheltorena Street Elementary School, Public District Grades KG-6
Melrose Avenue Elementary School, Public Magnet Grades KG-6
Academy For Enriched Sciences, Public Magnet Grades 1-5
Other
Directions Information:
Directions: We are pleased to announce the opportunity to purchase 710 N La Fayette Park Place, a 16-unit multifamily property situated in the highly desirable Silver Lake neighborhood of Los Angeles, CA.
Price Information
Listing Price Info
Price Summary:
List Price: $2,688,000
Price Per SqFt: $268/SqFt
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Housing Market Comparison
See how this home compares to others in Los Angeles, CA.
This property is $1.6M more than the Median Sold Price and $372/SqFt less than other homes in Los Angeles, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #24427533
Listing Office:
Office Name: Marcus & Millichap
Office Phone: (818) 212-2700
Listing Agent: Roderick 'Rick' Raymundo
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 9/16/2024, 2:20:59 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
We're sorry, we currently don't have sales or tax history data for this listing.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
7
/10
Micheltorena Street Elementary School
1511 Micheltorena St
Distance between this listing and this school0.76 miles
Public District Grades KG-6
9
/10
Melrose Avenue Elementary School
731 N Detroit St
Distance between this listing and this school4.13 miles
Public Magnet Grades KG-6
9
/10
Academy For Enriched Sciences
6170 Lockhurst Dr
Distance between this listing and this school22.55 miles
Public Magnet Grades 1-5
Middle School
5
/10
Virgil Middle School
152 N Vermont Ave
Distance between this listing and this school0.98 miles
Public District Grades 6-8
4
/10
Studio
2211 W Avenue 30
Distance between this listing and this school2.79 miles
Public District Grades 6-8
High School
3
/10
Belmont Senior High School
1575 W 2nd St
Distance between this listing and this school1.29 miles
Public District Grades 9-12
5
/10
Edward R. Roybal Learning Center
1200 Colton St
Distance between this listing and this school1.57 miles
Public District Grades 9-12
3
/10
Contreras Learning Center-Academic Leadership Community
322 Lucas Ave
Distance between this listing and this school1.60 miles
Public District Grades 9-12
Assigned Schools
7
/10
Micheltorena Street Elementary School
1511 Micheltorena St
Distance between this listing and this school0.76 miles
Public District Grades KG-6
9
/10
Melrose Avenue Elementary School
731 N Detroit St
Distance between this listing and this school4.13 miles
Public Magnet Grades KG-6
9
/10
Academy For Enriched Sciences
6170 Lockhurst Dr
Distance between this listing and this school22.55 miles
Public Magnet Grades 1-5
Assigned Schools
5
/10
Virgil Middle School
152 N Vermont Ave
Distance between this listing and this school0.98 miles
Public District Grades 6-8
4
/10
Studio
2211 W Avenue 30
Distance between this listing and this school2.79 miles
Public District Grades 6-8
Nearby Schools
4
/10
Vista Charter Middle School
2900 W Temple St
Distance between this listing and this school0.43 miles
Public Charter Grades 6-8
Assigned Schools
3
/10
Belmont Senior High School
1575 W 2nd St
Distance between this listing and this school1.29 miles
Public District Grades 9-12
5
/10
Edward R. Roybal Learning Center
1200 Colton St
Distance between this listing and this school1.57 miles
Public District Grades 9-12
3
/10
Contreras Learning Center-Academic Leadership Community
322 Lucas Ave
Distance between this listing and this school1.60 miles
The neighbors living near this home have an average income of $66,474. Residents of Los Angeles, CA typically earn between $35k-100k each year. The majority of families are single, no kids. Typical level of education for residents in this area is high school diploma.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 710 N La Fayette Park Pl
What is the listing price of this property?
The listing price of 710 N La Fayette Park Pl property is $2,688,000.
What type of property is this?
The property 710 N La Fayette Park Pl is a house located in Los Angeles, California, 90026.
Is this property for sale now?
Active Listing: 710 N La Fayette Park Pl is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 710 N La Fayette Park Pl are: Micheltorena Street Elementary School: GreatSchools Rating 7/10Melrose Avenue Elementary School: GreatSchools Rating 9/10Academy For Enriched Sciences: GreatSchools Rating 9/10Virgil Middle School: GreatSchools Rating 5/10Studio: GreatSchools Rating 4/10Belmont Senior High School: GreatSchools Rating 3/10Edward R. Roybal Learning Center: GreatSchools Rating 5/10Contreras Learning Center-Academic Leadership Community: GreatSchools Rating 3/10
How many bedrooms and bathrooms does this property have?
The property at 710 N La Fayette Park Pl has 18 bedrooms and 22 bathrooms.
What is the square footage of this property?
The property 710 N La Fayette Park Pl is 10,038 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 710 N La Fayette Park Pl is 1965.
Interested in 710 N La Fayette Park Pl? Let's connect.
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This home is located at 710 N La Fayette Park Pl in Los Angeles, CA and zip code 90026 in the Central LA neighborhood. This 10,038 square foot home, which was built in 1965, sits on a 0.22 acre lot. Features: 18 bedrooms, 22 bathrooms. It has been listed on Rocket Homes since August 20, 2024 and is currently priced at $2,688,000.
In August 2024, from all listings sold in Los Angeles, CA there were more than 668 sold above asking price, over 728 sold below and more than 213 were sold right at the asked price. In August 2024 in Los Angeles, CA there were 7.2% more homes for sale than in July 2024. In August 2024, listings were on the market for 34 days. During the same period, the median list price in this real estate market was $1,013,623.
From Rocket Homes Real Estate and based on county public records data.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. 
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