700 Robinson Street, Los Angeles, CA 90026

About this property

Prime mid century 8 unit apartment building perched on a picturesque hilltop in Silver Lake near Sunset Junction! Four units are 2 Bedrooms, and four are 1 Bedrooms, with units averaging 818 SF each. 1 unit is currently vacant. The property boasts expansive views of Downtown Los Angeles, spacious apartments, a corner lot, tuck under parking (soft story retrofit was completed in 2022), and much more. The property has approximately 90% upside in rents, making this an ideal "value-add" acquisition to a savvy investor's portfolio. The property has good bones, an excellent location near the new Target on Bellevue, views from some apartments, is nicely maintained and easily managed. Laundry room with tenant storage. Passed SCEP in 2022. 700 N. Robinson is a prized asset that has been family owned for over the past 40+ years, and the owners are ready to retire. RARE SILVER LAKE MULTIFAMILY SALE! Call listing agent for a full marketing package with rent roll, P&L, photos, and more.

Listing description from the March 2023 sale, as reported to CRMLS.

Sale history

$2,117,000

Sold March 2023 · listed $2,099,000, on market January 2023 · MLS #23229677 · Source: CRMLS

Listing Agent: Dana Coronado · Listing Office: Equity Union · Contact: 818-989-2000 · Bought with: Bryce Cheng · Ko Tai Realty

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