Description
Stunning New Construction 8-Unit Multifamily Building in Silver Lake. This brand-new, meticulously designed 8-unit multifamily building offers unparalleled luxury and modern convenience in one of LA's most sought-after neighborhoods. The property includes 2 One Bedroom, 4 Two Bedroom and 2 Three Bedroom units. Each unit is individually metered for electric, individual water sub-meters and each unit has solar panels, making this a highly efficient and low expense asset. The low density nature of this project is extremely desirable for tenants and will command premium rents. All units have fire sprinklers throughout, helping to lower insurance premiums. The 4 two bedroom units are detached modern bungalows. The 2 three bedroom units have one bedroom downstairs and two upstairs, making it perfect for those needing a homes office. All units have private outdoor spaces. Prime Location: Nestled in the vibrant and trendy Silver Lake area, this property is within short distance to popular dining, shopping, and entertainment spots. Contemporary Design: Each unit features high ceilings, high-end finishes, open floor plans, and large windows that flood the space with natural light. The aesthetic is modern yet inviting, with attention to every detail. Sustainability: The entire building is solar-paneled, significantly reducing energy costs and environmental impact. Turnkey Investment: This property is designed for effortless operation. This property represents the pinnacle of multifamily living, combining sophistication, sustainability, and an unbeatable location.
Details
MLS# | 24396331 |
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Listing Type | For Sale |
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Sub-Type | New Construction |
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Status | Active |
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Year | 2024 |
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Days On Site | 159 |
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Listing Provided By | Forward Real Estate 424-356-5222 | Luis Carmona |
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Features
Bed(s) | 16 |
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Bath(s) | 14 |
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Story(s) | 1 |
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Units | 8 |
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Building(s) | 6 |
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Zoning | LAR2 |
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Acreage | 0.24 |
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Property View | Yes |
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Date | Sales | Avg $ Per SqFt | Min Sale Price | Max Sale Price | Med Sale Price |
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Date: Oct 2024 | Sales: 5 | Avg $ Per SqFt: $150.93 | Min Sale Price: $2,600 | Max Sale Price: $625,000 | Med Sale Price: $3,195 |
Date: Sep 2024 | Sales: 27 | Avg $ Per SqFt: $340.32 | Min Sale Price: $1,899 | Max Sale Price: $2,068,000 | Med Sale Price: $5,500 |
Date: Aug 2024 | Sales: 21 | Avg $ Per SqFt: $410.15 | Min Sale Price: $1,600 | Max Sale Price: $1,871,000 | Med Sale Price: $6,000 |
Date: Jul 2024 | Sales: 16 | Avg $ Per SqFt: $468.64 | Min Sale Price: $2,250 | Max Sale Price: $2,650,000 | Med Sale Price: $600,000 |
Date: Jun 2024 | Sales: 6 | Avg $ Per SqFt: $842.58 | Min Sale Price: $419,000 | Max Sale Price: $1,641,000 | Med Sale Price: $1,048,165 |
Date: May 2024 | Sales: 10 | Avg $ Per SqFt: $502.6 | Min Sale Price: $2,595 | Max Sale Price: $1,275,000 | Med Sale Price: $627,500 |
Date: Apr 2024 | Sales: 2 | Avg $ Per SqFt: $359.15 | Min Sale Price: $2,550 | Max Sale Price: $655,000 | Med Sale Price: $328,775 |
Date: Mar 2024 | Sales: 2 | Avg $ Per SqFt: $825.01 | Min Sale Price: $615,000 | Max Sale Price: $1,600,000 | Med Sale Price: $1,107,500 |
Date: Feb 2024 | Sales: 4 | Avg $ Per SqFt: $556.17 | Min Sale Price: $5,200 | Max Sale Price: $1,450,000 | Med Sale Price: $635,333 |
Date: Jan 2024 | Sales: 4 | Avg $ Per SqFt: $759.44 | Min Sale Price: $620,000 | Max Sale Price: $1,830,000 | Med Sale Price: $775,000 |
Sourced by Back At YouOct 2024 |
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Sales: | 5 |
Avg $ Per SqFt: | $150.93 |
Min Sale Price: | $2,600 |
Max Sale Price: | $625,000 |
Med Sale Price: | $3,195 |
Sep 2024 |
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Sales: | 27 |
Avg $ Per SqFt: | $340.32 |
Min Sale Price: | $1,899 |
Max Sale Price: | $2,068,000 |
Med Sale Price: | $5,500 |
Aug 2024 |
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Sales: | 21 |
Avg $ Per SqFt: | $410.15 |
Min Sale Price: | $1,600 |
Max Sale Price: | $1,871,000 |
Med Sale Price: | $6,000 |
Jul 2024 |
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Sales: | 16 |
Avg $ Per SqFt: | $468.64 |
Min Sale Price: | $2,250 |
Max Sale Price: | $2,650,000 |
Med Sale Price: | $600,000 |
Jun 2024 |
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Sales: | 6 |
Avg $ Per SqFt: | $842.58 |
Min Sale Price: | $419,000 |
Max Sale Price: | $1,641,000 |
Med Sale Price: | $1,048,165 |
May 2024 |
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Sales: | 10 |
Avg $ Per SqFt: | $502.6 |
Min Sale Price: | $2,595 |
Max Sale Price: | $1,275,000 |
Med Sale Price: | $627,500 |
Apr 2024 |
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Sales: | 2 |
Avg $ Per SqFt: | $359.15 |
Min Sale Price: | $2,550 |
Max Sale Price: | $655,000 |
Med Sale Price: | $328,775 |
Mar 2024 |
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Sales: | 2 |
Avg $ Per SqFt: | $825.01 |
Min Sale Price: | $615,000 |
Max Sale Price: | $1,600,000 |
Med Sale Price: | $1,107,500 |
Feb 2024 |
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Sales: | 4 |
Avg $ Per SqFt: | $556.17 |
Min Sale Price: | $5,200 |
Max Sale Price: | $1,450,000 |
Med Sale Price: | $635,333 |
Jan 2024 |
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Sales: | 4 |
Avg $ Per SqFt: | $759.44 |
Min Sale Price: | $620,000 |
Max Sale Price: | $1,830,000 |
Med Sale Price: | $775,000 |
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