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857 N La Fayette Park Pl, Los Angeles, CA 90026
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857 N La Fayette Park Pl Los Angeles, CA 90026

$2,050,000
  • 10 Beds
  • 10 Baths
  • 9,789 Sq.Ft.
For Sale
$2,050,000 Get Pre-Qualified
Map preview of 857 N La Fayette Park Pl, Los Angeles, CA 90026

Property Overview: 857 N La Fayette Park Pl Los Angeles, CA has 10 bedrooms, 10 bathrooms, 9,789 living square feet and 10,458 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: Excellent opportunity to purchase an apartment building in the heart of Silver Lake just off of Sunset Boulevard; the property is nine (9) units consisting of (1) 2+1 and (8) 1+1; significant upside in rents; the units are separately metered for electricity and gas; individual hot water heaters; laundry machines are owned; street parking; also available as part of a multi-property portfolio

Listed by David Stevenson | BRE #01228475 | Stevenson Real Estate Services
Last checked: 4 minutes ago | Last updated: December 6th, 2023 | Source CRMLS | DOM: 135
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Home details

Lot Sq. Ft
10,458
HOA Dues
$0/mo
Year built
1917
Garage
--
Property Type:
Apartment
Status
Active
MLS#
GD23221541
City
Los Angeles
County
Los Angeles
Time on Site
163 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 9
  • Total # of Buildings: 1
  • # of Electric Meters: 9
  • # of Gas Meters: 9
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,322
  • Total Rent: $1,322
  • Pro Forma/Market Rent: $2,000
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,191
  • Total Rent: $1,191
  • Pro Forma/Market Rent: $2,000
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,975
  • Total Rent: $1,975
  • Pro Forma/Market Rent: $2,000
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $3,000
  • Total Rent: $3,000
  • Pro Forma/Market Rent: $2,000
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,076
  • Total Rent: $1,076
  • Pro Forma/Market Rent: $2,000
Unit Breakdown 6
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,545
  • Total Rent: $1,545
  • Pro Forma/Market Rent: $2,000
Unit Breakdown 7
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,340
  • Total Rent: $1,340
  • Pro Forma/Market Rent: $2,000
Unit Breakdown 8
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $985
  • Total Rent: $985
  • Pro Forma/Market Rent: $2,450
Unit Breakdown 9
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,316
  • Total Rent: $1,316
  • Pro Forma/Market Rent: $2,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $163,086
  • Net Operating Income: $51,482
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $111,605
  • Trash: $814
  • Insurance: $7,225
  • Professional Management: $7,386
  • Water/Sewer: $4,125

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Property Details for 857 N La Fayette Park Pl

Interior Features
Laundry Information
  • Has Laundry
  • Community
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Public Records
  • Common Interest: Community Apartment
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 9
  • Parcel Number: 5402002011
  • Year Built Source: Public Records
  • Entry Level: 1
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: From N Alvarado St, turn right onto W Sunset, left onto N Benton Way, right onto N La Fayette
Neighborhood Information
  • Community Features: Curbs
View more facts & features

Local Los Angeles Agent

Sale History for 857 N La Fayette Park Pl

Last sold on July 19th, 2005

  • December, 2023

  • Dec 5, 2023

    Date

    Active

    CRMLS: GD23221541

    $2,050,000

    Price

  • July, 2005

  • Jul 19, 2005

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • May, 2005

  • May 24, 2005

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 857 N La Fayette Park Pl

Assessed Value (2020): $294,190
Year Land Value Improved Value Assessed Value
2020 $89,974 $204,216 $294,190

Home Value Compared to the Market

This property vs the competition

857 N La Fayette Park Pl is listed 64.13% higher than the median list price for the city of Los Angeles which has a median list price of $1,249,000. The median price per/sqft for Los Angeles is $774 and this home is listed at $209.42 per/sqft which puts the price per square foot 72.94% lower than the median price per square foot for the city of Los Angeles.

About 857 N La Fayette Park Pl

Detailed summary of property

857 N La Fayette Park Pl is a apartment located in Los Angeles, CA 90026 and is currently for sale. This apartment offers 10 bedrooms, 10 bathrooms, roughly 9,789 living square feet, and sits on an approximately 10,458 square foot lot. 857 N La Fayette Park Pl was first listed on ArdentRealEstateGroup.com on December 6, 2023. The homeowner is currently asking $2,050,000. The median priced home in Los Angeles is $1,249,000 with a median price per square foot of $774. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 64.13% higher than the median priced home. Local competing homes currently for sale include 259 N Burlington Ave, 1120 Logan St and 2250 Duane. While the average home in Los Angeles, CA is selling in 94 days, 857 N La Fayette Park Pl has a days on market of 135 days. There are currently 3654 homes for sale in the Los Angeles real estate market and 2456 of them are single family homes while 1102 of them are condos and 90 are townhomes. For more information on this home for sale at 857 N La Fayette Park Pl 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 857 N La Fayette Park Pl

Public county record property details
Beds
11
Baths
9
Year built
1917
Sq. Ft.
9,789
Lot Size
10,457
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
12
APN
5402-002-011

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.
$736
Median Sold Price
$1,450,000
Median Sold Price/Sq.Ft.
$817
Total Inventory
65
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.

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