Description

Rare 9,032 SF multifamily lot in Silver Lake-adjacent Los Angeles (90026). Offered at $1,250,000 ($422/SF). Value-add triplex, 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). Vacant 4BD/2BA front unit ready for owner-user or immediate lease-up at $4,500/mo market rent; rear duplex carries 210%+ rent upside on turnover. 4.61% current cap rate / 6.15% pro forma, no construction required. Seller has upgraded the roof, electrical panels, and copper plumbing throughout. 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.

Property details

Year built

1924

Property type

Residential Income

Lot size

9,035 sqft

Location

334 Robinson • Los Angeles, CA 90026

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Listed by

Freddie Gershinson · Lyon Stahl Investment Real Estate, Inc.

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Closed sales reported in 90026, nearest first, last 12 months. All recent sales in Los Angeles →

Residential Income - 334 Robinson, Los Angeles, CA