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722 Robinson Street, Los Angeles, CA 90026

Property

722 Robinson Street, Los Angeles, CA 90026 Sold August 2023 CRMLS
$1,460,000Sold August 2023

Listing Agent: Lorraine Getz (DRE #01413936) · Listing Office: Compass · Contact: 323-593-6999 · Bought with: Julie A. Mollo · Compass · MLS #23292733 · Source: CRMLS

5
Bedrooms
3
Bathrooms
2,898
Sq Ft
6,616 sqft
Lot Size
1923
Year Built
Property
Type
CentralAir
Cooling
Central
Heating

About this property

Proper-tunity, this property is your opportunity! 1923 triplex in the heart of Silverlake with 2 vacant units. Tucked away behind a hedged and gated front yard with an epic meyer lemon tree you'll enter through an oversized door to the front building that houses 2 attractive units featuring some original details including hardwood floors, arched doorways, coved ceilings and modern amenities including central air and heat. Upstairs owners' unit 2 bed and 1 bath with a front balcony and stunning views of downtown will be delivered vacant. Owners' unit has washer/dryer and fully equipped kitchen. The downstairs 2 bedroom and 1 bath with lovely back patio is tenant occupied. The expansive lot features a spacious communal back courtyard with mature avocado tree and laundry room, potential to install coin operated machines for additional income. The wood-sided back building houses a vacant 1 bed /1 bath and an oversized three car garage. The garages can be rented out individually for additional rental income. Close by attractions include Cafecito Organico, All Day Baby, Target, and many more restaurants and stores. This opportunity provides an investor potential rental upside in a strong demand rental market in this densely populated and highly attractive location. This property has great potential but is a fixer for experienced buyers.

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

Sale history

$1,460,000
Sold August 2023 · listed $1,395,000, on market July 2023 · MLS #23292733 · Source: CRMLS
Listing Agent: Lorraine Getz · Listing Office: Compass · Contact: 323-593-6999 · Bought with: Julie A. Mollo · Compass
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