Property Details

Price $3,225,000

Year Built 1929

# of Units 3

Price P/ Unit $1,075,000

Sq. ft. 5,257 SF

Price p/ Sq. ft. $613

Current Cap Rate 4.66%

Proforma Cap Rate 4.71%

Lot Size 7,115 SF

Zoning LARD1.5

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401 N. Vista Street
Los Angeles, CA 90036

About the Property

401 N. Vista, a pristine owner/user triplex with a value-add ADU opportunity located in the heart of the Fairfax District. Located one-mile from The Grove, this turnkey triplex is located in a ‘Grade A’ rental market that is consistently sought-after by high-income young professionals. The 5,257 SF building sits on a spacious corner lot and consists of (1) 3+3 townhome, (1) 2+2.5 townhome and (1) 2+2 townhome. Please note, the 2+2.5 owner’s unit may be delivered vacant upon COE. Additionally, ADU renderings and information can be found in the photos and marketing package (buyer to verify). Renovated to the studs in 2017, each garden-style townhouse features high ceilings, large picture windows, a modernized open-concept kitchen with custom cabinets and quartz countertops, a seated bar area and spacious dining room. Each unit features its own private outdoor area and shared access to a large rooftop deck perfect for outdoor entertainment and relaxation. Please click here for a Matterport Tour of the property.

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