Built in 1924, 957 Vendome Street is a unique and special investment opportunity on one of the best streets in Silver Lake. The asset boasts eight (8) large, spacious units at +/- 1,100 SF each) and an excellent unit composition. All Two & Three Bedroom Units. Three of the Eight… Read More units have seen top-to-bottom remodels, featuring reimagined living rooms and kitchens, new flooring, modern lighting, updated kitchens and bathrooms, in-unit washers/dryers, and new stainless-steel appliances. Opportunity to nearly double (2X) existing rents. Steps from the iconic Silver Lake Blvd, 957 Vendome Street provides easy access to many of the hippest dining and shopping destinations that make Silver Lake so famous. There is a significant affordability gap in homeownership in the Silver Lake sub-market. As the median home price in the 90026 Zip Code is approximately $1,215,452, a typical monthly mortgage payment is 1.5 - 2 times more than the average renovated rent at 957 Vendome Street. Read Less
Courtesy of KW Commercial Studio City 818-432-1500
Listing Snapshot
Days Online
63
Last Updated
Property Type
Other
Square Ft.
8,588
Lot Size
0.17 Acres
Year Built
1924
MLS Number
25501235
30 Days Snapshot Of 90026
$1,874k
+4%
(avg) sold price
12
+9%
homes sold
55
-38%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
8,588 sq ft, Built in 1924, Levels: Two
Disclosures
As Is
Garage
On street
Lot
LotAcreage: 0.1688, LotSizeArea: 7,352
Parking
TotalParking: 0
Property
NumberOfUnits: 8, Zoning: LAR2
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