Closed Listing

Fairfax District Triplex Blocks from The Grove

401 n vista st

sold in

Fairfax District

3

Number of Units

1929

Year Built

5,257

SF

Square Footage

7,115

SF

Lot Size

LARD1.5

Zoning

401 N Vista St, Los Angeles, CA 90036

About the Property

401 N Vista St is a meticulously renovated triplex located in the heart of the Fairfax District, one of Los Angeles’ most coveted rental markets. Positioned on a prominent corner lot just one mile from The Grove, this turnkey Fairfax District multifamily property is ideally suited for an owner-user or investor seeking strong in-place income with long-term upside.

The building spans approximately 5,257 square feet and consists of three generously sized townhome-style units: one three-bedroom, three-bath; one two-bedroom, two-and-a-half bath; and one two-bedroom, two-bath. The two-bedroom, two-and-a-half bath unit may be delivered vacant upon close of escrow, providing immediate occupancy or leasing opportunity. Each of these thoughtfully designed units offers a private entrance, open-concept kitchen and dining areas, oversized picture windows, and large, functional layouts rarely found in newer construction. Renovated down to the studs in 2017, all three townhomes include custom cabinetry, quartz countertops, recessed lighting, and updated systems throughout. Additional highlights include private outdoor areas for each unit and shared access to an expansive rooftop deck, ideal for entertaining or enjoying city views.

401 N Vista St also presents value-add potential through ADU development. Renderings and preliminary information for a potential ADU can be found in the marketing package and listing photos (buyer to verify all feasibility). With zoning that allows for additional density and an existing structure that has already undergone substantial upgrades, the future owner has the flexibility to enhance both income and property value over time.

Situated within walking distance of some of the most vibrant destinations along Melrose Avenue, Beverly Boulevard, and West 3rd Street, 401 N Vista St stands as a premier Fairfax District triplex offering a combination of lifestyle, stability, and upside in a core Los Angeles multifamily location.

3

Number of Units

1929

Year Built

5,257

SF

Square Footage

7,115

SF

Lot Size

LARD1.5

Zoning

401 N Vista Street
Beverly Grove / Melrose / Fairfax

Offering Price

$3,170,000

Number of Units

3 Units

Price per. Unit

$1,056,667

Bldg. Size

5,257 SF

Price per Foot

$603

Lot Size

7,115 SF

Year Built

1929

Current CAP

5.11%

Market CAP

5.31%

Zoning

LARD1.5

Price P/ Unit

$1,056,667

Price p/ Sq. ft.

$603

Proforma Cap Rate

5.31%

Contact

Sales agent

A yellow two-story triplex at 401 n vista st, surrounded by trees and shrubs on a sunny day, viewed from a street corner.
A yellow two-story triplex at 401 n vista st, surrounded by trees and shrubs on a sunny day, viewed from a street corner.
A yellow two-story triplex at 401 n vista st, surrounded by trees and shrubs on a sunny day, viewed from a street corner.
A yellow two-story triplex at 401 n vista st, surrounded by trees and shrubs on a sunny day, viewed from a street corner.
A sunny garden at 401 n vista st, with a patio, flowering plants, and greenery against a bright blue sky.
A sunny garden at 401 n vista st, with a patio, flowering plants, and greenery against a bright blue sky.
A sunny garden at 401 n vista st, with a patio, flowering plants, and greenery against a bright blue sky.
A sunny garden at 401 n vista st, with a patio, flowering plants, and greenery against a bright blue sky.
A light blue door at 401 n vista st, framed by plants, leading to a home with stairs and large windows on either side.
A light blue door at 401 n vista st, framed by plants, leading to a home with stairs and large windows on either side.
A light blue door at 401 n vista st, framed by plants, leading to a home with stairs and large windows on either side.
A light blue door at 401 n vista st, framed by plants, leading to a home with stairs and large windows on either side.
Bright and airy living room at 401 n vista st, with wooden floors, large windows, plants, and modern furniture.
Bright and airy living room at 401 n vista st, with wooden floors, large windows, plants, and modern furniture.
Bright and airy living room at 401 n vista st, with wooden floors, large windows, plants, and modern furniture.
Bright and airy living room at 401 n vista st, with wooden floors, large windows, plants, and modern furniture.

Video

MEET THE TEAM

We make your life easier

Kenny Stevens in a suit stands near a railing, with a sunset and palm trees in the background.
DRE 01090251

Kenny Stevens

DRE 01090251

Kenny Stevens

Max Berger in a suit stands confidently on a balcony with a sunset and mountains in the background.
DRE 02054048

Max Berger

DRE 02054048

Max Berger

Dustin Dahan in formal attire stands by a railing with a sunset in the background, smiling at the camera.
DRE 02085403

Dustin Dahan

DRE 02085403

Dustin Dahan

Andrew Tenney in a suit stands outside at sunset, smiling with a scenic background of hills and a railing.

Andrew Tenney

Andrew Tenney

Kenny Stevens in a suit stands near a railing, with a sunset and palm trees in the background.
DRE 01090251

Kenny Stevens

DRE 01090251

Kenny Stevens

Max Berger in a suit stands confidently on a balcony with a sunset and mountains in the background.
DRE 02054048

Max Berger

DRE 02054048

Max Berger

Dustin Dahan in formal attire stands by a railing with a sunset in the background, smiling at the camera.
DRE 02085403

Dustin Dahan

DRE 02085403

Dustin Dahan

Andrew Tenney in a suit stands outside at sunset, smiling with a scenic background of hills and a railing.

Andrew Tenney

Andrew Tenney

DRE 01090251

Kenny Stevens

DRE 01090251

Kenny Stevens

DRE 01090251

Kenny Stevens

DRE 02054048

Max Berger

DRE 02054048

Max Berger

DRE 02054048

Max Berger

DRE 02085403

Dustin Dahan

DRE 02085403

Dustin Dahan

DRE 02085403

Dustin Dahan

Compass is a real estate broker licensed by the State of California and abides by Equal Housing Opportunity laws. License Number 01991628. All material presented herein is intended for informational purposes only and is compiled from sources deemed reliable but has not been verified. Changes in price, condition, sale or withdrawal may be made without notice. No statement is made as to accuracy of any description. All measurements and square footage are approximate. If your property is currently listed for sale this is not a solicitation.

© Copyright 2024.

Compass is a real estate broker licensed by the State of California and abides by Equal Housing Opportunity laws. License Number 01991628. All material presented herein is intended for informational purposes only and is compiled from sources deemed reliable but has not been verified. Changes in price, condition, sale or withdrawal may be made without notice. No statement is made as to accuracy of any description. All measurements and square footage are approximate. If your property is currently listed for sale this is not a solicitation.

© Copyright 2024.

Compass is a real estate broker licensed by the State of California and abides by Equal Housing Opportunity laws. License Number 01991628. All material presented herein is intended for informational purposes only and is compiled from sources deemed reliable but has not been verified. Changes in price, condition, sale or withdrawal may be made without notice. No statement is made as to accuracy of any description. All measurements and square footage are approximate. If your property is currently listed for sale this is not a solicitation.

© Copyright 2024.

Compass is a real estate broker licensed by the State of California and abides by Equal Housing Opportunity laws. License Number 01991628. All material presented herein is intended for informational purposes only and is compiled from sources deemed reliable but has not been verified. Changes in price, condition, sale or withdrawal may be made without notice. No statement is made as to accuracy of any description. All measurements and square footage are approximate. If your property is currently listed for sale this is not a solicitation.

© Copyright 2024.