About the Property

893 N. Occidental features 4 meticulously renovated 2-bdrm. units with approved plans for (2) 2-bdrm. ADUs. (approx. 926 SF and 606 SF). 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. Each charming and meticulously renovated unit perfectly combines Spanish-style architecture with modern amenities. Please note, the property comes with approved plans and permits for (2) 2-bdrm. units (approx. 926 SF and 606 SF).


Price $2,900,000

City Silver Lake

Units 4

Current CAP 4.82%

Price p/ Sq. ft. $693

Price P/ Unit $725,000


Blending unique architectural intricacies with modern and luxurious amenities, 839 N. Occidental was a masterfully restored fourplex located one mile east of Sunset Junction in Silver Lake. Listed with a Compass residential agent determined to set a sales record, KST was brought onto the listing, forming a dynamic partnership by bolstering the team’s multifamily transaction experience, and increasing reach to multifamily investors and agents throughout Southern California.


We listed this property in late September at a 4.6% current CAP, while interest rates were 5%-5.25%. Despite the property’s charming features and tastefully upgraded interiors, most investors felt the price needed to be lowered and were looking to stay on the sidelines. In addition to the market feedback, the international seller (based in Australia) had limited flexibility and needed to achieve a specific price to satisfy a divorce settlement.


Despite multiple interest rate hikes, a couple of bank collapses, and an extraordinary price to achieve in a tumultuous market, Max and Joe identified an exchange buyer who closed at $2,900,000. The sale of 839 N. Occidental sets a NEW SALES RECORD for rent-controlled fourplexes in Silver Lake (90026).

Speaking for myself and everyone involved, you were absolutely the best broker we could have selected to market our portfolio. You found an incredible buyer and were able to guide us through so many challenges, including a global pandemic, and secured us a price beyond our expectations.

- Seller (60 Units by The Grove)

“I cannot say enough great things about KST. They take care of you, they have the connections needed, and they get the job done! We were amazed at how quickly our sale went through during the COVID pandemic.”

- Seller (4 Units in Beverly Grove)

“It was truly a pleasure working with Kenny. He is professional, honest, hardworking and most importantly did what he said he would. Kenny sold the property at list price in less than 60 days from start to finish.”

- Seller (Beachfront Generational Asset in Playa del Rey)