StatusAccepting Backup Offers (Active Under Contract)
About 710 N La Fayette Park Pl
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
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: 12/23/2024, 9:20:59 AM 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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
4
/10
Rosemont Avenue Elementary
421 Rosemont Ave
Distance between this listing and this school0.48 miles
Public District Grades 2-5
3
/10
Mayberry Street Elementary School
2414 Mayberry St
Distance between this listing and this school0.64 miles
Public District Grades KG-6
7
/10
Micheltorena Elementary
1511 Micheltorena St
Distance between this listing and this school0.76 miles
Public District Grades KG-5
Nearby Schools
3
/10
Vista Charter Middle School
2900 W Temple St
Distance between this listing and this school0.43 miles
Public Charter Grades 6-8
4
/10
Camino Nuevo Charter Academy #4
1018 Mohawk St
Distance between this listing and this school0.50 miles
Public Charter Grades KG-8
5
/10
Citizens of the World Charter School Silver Lake
110 N Coronado St
Distance between this listing and this school0.64 miles
Public Charter Grades KG-8
Nearby Schools
4
/10
New Village Girls Academy
147 N Occidental Blvd
Distance between this listing and this school0.59 miles
Public Charter Grades 9-12
7
/10
Camino Nuevo High #2
3500 W Temple St
Distance between this listing and this school0.70 miles
Public Charter Grades 9-12
7
/10
Central City Value
221 N Westmoreland Ave
Distance between this listing and this school0.87 miles
The neighbors living near this home have an average income of $66,474. Most Los Angeles, CA residents have annual incomes between $35k-100k. Residents typically live in single, no kids family. The majority of residents in this area have high school diploma education.
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?
Accepting Backup Offers: 710 N La Fayette Park Pl is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.
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.
While more than 512 listings in Los Angeles, CA in November 2024 were sold above asking price, there were more than 177 listings sold at asking price, and more than 657 were sold below. The inventory of homes for sale in Los Angeles, CA between October 2024 and November 2024 decreased by 0.6%. The median list price of listings available in November 2024 was $1,021,532, while the average time on the real estate market was 38 days.
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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