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Image 1 - 710 N LA Fayette Pl, Los Angeles, California, 90026 - House for sale

Image 2 - 710 N LA Fayette Pl, Los Angeles, California, 90026 - House for sale

Image 3 - 710 N LA Fayette Pl, Los Angeles, California, 90026 - House for sale

Image 4 - 710 N LA Fayette Pl, Los Angeles, California, 90026 - House for sale

Image 5 - 710 N LA Fayette Pl, Los Angeles, California, 90026 - House for sale

Image 6 - 710 N LA Fayette Pl, Los Angeles, California, 90026 - House for sale

Image 7 - 710 N LA Fayette Pl, Los Angeles, California, 90026 - House for sale

Image 8 - 710 N LA Fayette Pl, Los Angeles, California, 90026 - House for sale

N La Fayette Pl, Los Angeles, Home For Sale

710 N LA Fayette Pl, Los Angeles, California, 90026

N La Fayette Pl, Los Angeles, Home For Sale

house for sale

Listed: 08/23/24

710 N LA Fayette Pl, Los Angeles, California, 90026

18 Bed:

22 Bath:

10,038 Sq Ft Living Area:

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Price

$ 2,69M

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About This House

Under the same family ownership for more than 50 years, this asset presents an investor with a prime opportunity to reposition and add value, as current rents are approximately 83% below local market rates. Located within two blocks of Sunset Boulevard, near the intersection of Silver Lake Boulevard and Sunset Boulevard, the property grants tenants access to some of the trendiest restaurants, boutiques, and coffee shops within both Silver Lake and Echo Park. Sunset Junction is only 1.5 miles from the building, while the dense employment center in Downtown Los Angeles is merely 2 miles southeast. A new small format Target recently opened less than a half-mile from the building. Tenants enjoy convenient access to the Greater Los Angeles metro via the 101 Freeway, within onramps just blocks from the property.

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Echo Park Housing & Living

Household Income

Median household income: $62,474

Number of households: 1,4M

The average household income in Los Angeles, CA grew from $60,197 to $62,474 in the past year. This data is an estimate based upon 1,4M households in Los Angeles, CA.
The chart below presents how household income is distributed in Los Angeles, CA in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+

One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Los Angeles, CA compared to median property taxes around the country. The prevalent amount of property taxes in Los Angeles, CA equals $3k+ , which is more than the national average.