833 N Vendome St, Los Angeles, CA 90026
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833 N Vendome St Los Angeles, CA 90026

$1,550,000
  • 10 Beds
  • 10 Baths
  • 2,818 Sq.Ft.
For Sale
$1,550,000 Get Pre-Qualified

Map preview of 833 N Vendome St, Los Angeles, CA 90026

Property Overview: 833 N Vendome St Los Angeles, CA has 10 bedrooms, 10 bathrooms, 2,818 living square feet and 5,434 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: KW Commercial is pleased to present 833 North Vendome Street, a one-of-a-kind Spanish-fourplex nestled in the heart of Silver Lake (90026). The property provides a unique opportunity for investors as well as owner-users. This property consists of four 1-bedroom, 1-bathroom apartment homes housed within three separate structures. There are two stand- alone bungalows built in 1924 and a duplex built in 1933 and all units boast original charm and architectural character. The bungalows are +/- 646 square feet each while the duplex consists of two units that are approximately +/- 763 square feet each. The property is situated on a +/- 5,432 square foot parcel zoned RD 1.5. Gas and electrical utilities are separately metered. There are four 1-car garages and private yards/ patios for tenants' enjoyment. Inside the units, residents will appreciate the timeless appeal of original hardwood flooring, Batchelder-type decorative fireplaces in two units, and authentic moldings and treatments reminiscent of vintage LA apartments. Located just .2 miles from Sunset Blvd and conveniently located in the heart of Silver Lake, this property is strategically positioned to leverage the vibrant energy of the Hollywood-Silver Lake submarket. Its transit- friendly and walkable location near Sunset Blvd. provides easy access to a plethora of entertainment venues, cultural attractions, and dining options, enriching the residential experience. With its prime location and promising income potential, 833 North Vendome represents an attractive investment opportunity for apartment operators seeking immediate returns and long-term wealth preservation and appreciation.

Listed by Archie Robb | BRE #02002291 | Keller Williams Realty La Canada Flintridge
Co-listed by Rich Johns | BRE #01432215 | KW Commercial Studio City
Last checked: 12 minutes ago | Last updated: April 5th, 2024 | Source CRMLS | DOM: 42
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Home details

Lot Sq. Ft
5,434
HOA Dues
$0/mo
Year built
1924
Garage
4 Car
Property Type:
Multi Family
Status
Active
MLS#
24374015
City
Los Angeles
County
Los Angeles
Time on Site
54 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 3
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,928
  • Total Rent: $1,928
  • Pro Forma/Market Rent: $2,800
Unit Breakdown 2
  • # of Units: 2
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,496
  • Total Rent: $2,496
  • Pro Forma/Market Rent: $2,800
Unit Breakdown 3
  • # of Units: 3
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,216
  • Total Rent: $1,216
  • Pro Forma/Market Rent: $2,600
Unit Breakdown 4
  • # of Units: 4
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,779
  • Total Rent: $1,779
  • Pro Forma/Market Rent: $2,800
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 3.9%
  • Gross Rent Multiplier: 17.4
  • Gross Scheduled Income: --
  • Net Operating Income: $60,125
  • Gross Operating Income: $87,265
Annual Expense Breakdown
  • Total Operating Expense: --

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Property Details for 833 N Vendome St

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Wall Furnace
Kitchen Information
  • Has Appliances
Interior Features
  • Levels: One
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 4
  • Has Parking
  • Parking Features: Garage - Single Door
Property Information
  • Total # of Units: 4
  • Parcel Number: 5426013018
  • Architectural Style: Bungalow
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: Google Maps. South of Sunset Blvd.
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Sale History for 833 N Vendome St

View property's historical transactions
  • March, 2024

  • Mar 28, 2024

    Date

    Active

    CRMLS: 24374015

    $1,550,000

    Price

  • October, 2021

  • Oct 7, 2021

    Date

    Active Under Contract

    CRMLS: 21773344

    $1,495,000

    Price

  • Aug 17, 2021

    Date

    Active

    CRMLS: 21773344

    $1,495,000

    Price

  • Listing provided courtesy of CRMLS

    833 North Vendome consists of Four (4) 1 Bedroom, 1 Bathroom apartment homes with Three (3) separate structures consisting of two stand-alone bungalows built in 1924 and a duplex built in 1933. One Unit Delivered Vacant. Each unit averages +/- 675 SF each and includes laundry service areas, garage parking and private yards/patios. Located just .2 miles from Sunset Blvd., the property is situated on a +/- 5,432 square foot parcel, zoned RD 1.5. Gas and electrical utilities are separately metered. Parking is provided for 4 vehicles in Four (4) garages. Within the interior of units, you'll find original hardwood flooring, Batchelder-type fireplaces (2 units), original moldings and treatments along with all the character found in a vintage LA apartment. Centrally located in Silver Lake.

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Tax History for 833 N Vendome St

Assessed Value (2020): $260,541
Year Land Value Improved Value Assessed Value
2020 $89,956 $170,585 $260,541

Home Value Compared to the Market

This property vs the competition

833 N Vendome St is listed 24% higher than the median list price for the city of Los Angeles which has a median list price of $1,250,000. The median price per/sqft for Los Angeles is $780 and this home is listed at $550.04 per/sqft which puts the price per square foot 29.48% lower than the median price per square foot for the city of Los Angeles.

About 833 N Vendome St

Detailed summary of property

833 N Vendome St is a multi family located in Los Angeles, CA 90026 and is currently for sale. This multi family property offers 10 bedrooms, 10 bathrooms, roughly 2,818 living square feet, and sits on an approximately 5,434 square foot lot. 833 N Vendome St was first listed on ArdentRealEstateGroup.com on March 28, 2024. The homeowner is currently asking $1,550,000. The median priced home in Los Angeles is $1,250,000 with a median price per square foot of $780. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 24% higher than the median priced home. Local competing homes currently for sale include 1932 Park Ave, 234 S Vendome St and 247 S Carondelet St. While the average home in Los Angeles, CA is selling in 93 days, 833 N Vendome St has a days on market of 42 days. There are currently 3718 homes for sale in the Los Angeles real estate market and 2495 of them are single family homes while 1123 of them are condos and 94 are townhomes. For more information on this home for sale at 833 N Vendome St Los Angeles, CA 90026 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 833 N Vendome St

Public county record property details
Beds
4
Baths
4
Year built
1924
Sq. Ft.
2,692
Lot Size
5,432
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
15
APN
5426-013-018

The source for these homes facts are from public records.

90026 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,300,000
Median List Price/Sq.Ft.
$766
Median Sold Price
$1,450,000
Median Sold Price/Sq.Ft.
$817
Total Inventory
73
Median Sale to List Price %
105.92%
Avg Days on Market
13
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (15.38%), Other (0%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.