957 N Vendome Street, Los Angeles, CA 90026
List Price: $2.55M
Listing Status: Active
0Days on Market: 0
21 Bedrooms · 11 Bathrooms · 8,588 sq ft
Property Type: ResidentialIncome
Year Built: 1924
Lot Size: 7,352 sq ft
MLS Number: 26791355
About This Property
Built in 1924, 957 Vendome Street is a unique investment opportunity on one of Silver Lake's best streets. The asset boasts eight (8) large, spacious units at +/- 1,100 SF each) and an excellent unit composition. All Two & Three Bedroom Units. Three of the eight units have seen top-to-bottom remodels, featuring reimagined living rooms and kitchens, new flooring, modern lighting, updated kitchens and bathrooms, in-unit washers/dryers, and new stainless-steel appliances. Opportunity to nearly double (2X) existing rents. Steps from the iconic Silver Lake Blvd, 957 Vendome Street provides easy access to many of the hippest dining and shopping destinations that make Silver Lake so famous. There is a significant affordability gap in homeownership in the Silver Lake sub-market. As the median home price in the 90026 Zip Code is approximately $1,314,833, a typical monthly mortgage payment is 1.5-2 times the average renovated rent at 957 Vendome Street.
Listing provided by: Nick Astrupgaard DRE #01893466 818-432-1500 nastrupgaard@kw.com, KW Commercial Studio City
Source: CRMLS, MLS #: 26791355
Belmont Brokerage Inc. (DRE #02431308) is not the listing office for this property. We provide buyer representation and consultation. Any “Schedule a Tour” or “Contact” form on this page contacts a Belmont Brokerage agent — not the listing agent above.