Kenny Stevens Team is pleased to present 893 N. Occidental, featuring 4 meticulously renovated 2-bdrm. units with approved plans for (2) 2-bdrm. ADUs. Located just South of Sunset Blvd and 1.5 miles from Sunset Junction, this charming Spanish-style fourplex is in the heart of a trendy and vibrant community and offers residents a short commute to a wide array of beloved hotspots along Sunset Blvd. Each charming and meticulously renovated unit perfectly combines Spanish-style architecture with modern amenities. These bright and spacious units feature hardwood flooring, quartz countertops, stainless-steel appliances, multiple wall-unit A/Cs and an in-unit washer in dryer. Please note, the property comes with approved plans and permits for (2) 2-bdrm. units. Located in the heart of a rental market under constant demand by high-income young professionals, 839 N. Occidental presents investors with the unique opportunity to acquire a turnkey asset with significant financial upside.
Spanish Fourplex in Silver Lake w/ 2 ADUs RTI
839 N. Occidental Boulevard, Silver Lake
Property Details
Price $2,995,000
Year Built 1923
# of Units 4
Price P/ Unit $748,750
Sq. ft. 4,186 SF
Price p/ Sq. ft. $715
Current Cap Rate 4.63%
Proforma Cap Rate 7.07%
Lot Size 8,705 SF
Zoning LARD2