Sold
3650 Monon Street
Los Feliz CA, 90027
$5,600,000
$287.14 per sqft
Sold
19,503 sqft
Multi-family
Built in 1966
Listed by Arthur Mangassarian with Re/Max Tri-City Realty 818-409-0040
Price reduced by $675,000. This building includes 20 Units in the Los Feliz Silver-Lake area! The offering provides investors with a unique opportunity to acquire twenty units in a premier Los Angeles rental market with meaningful long-term capital appreciation. 3650 Monon Drive is ideally located in Los Feliz (border of Silver Lake) nearby to many neighborhood hotspots! It features an ideal unit composition of 2 large three Bedrooms, 8 two Bedrooms, 2 one Bedroom, and 1 Single unit. The units offer many original details featured from 1960s construction such as original windows with beautiful natural light coming in. This building includes elevators, a washer/dryer room, and some of the units have been remodeled. 13.18 GRM, $300,000 per Unit, and Trust Sale. All units are currently rented out with the opportunity to increase rent prices. The location is ideal for renters looking to live in the beautiful and fun Silver Lake market! Silver Lake attracts young and diverse residents that appreciate all the unique experiences, hippest restaurants, and destinations in the immediate area. 3650 Monon Drive is a short walk from many happening coffee shops and dining options and a short drive to Downtown LA and Hollywood!
GD23041106
MLSⓇ ID
March 10, 2023
Listed
December 8, 2023
Updated
Map
3650 Monon Street
Los Feliz CA, 90027
Interior Features
Laundry Description
Common Area
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
0.32 acres
Lot Features
11-15 Units/Acre
Sewer
Public Sewer
Other Property Details
Area Name
637 - Los Feliz
Days on Market
69
Association Amenities
Curbs, Sidewalks
Garage
No
Parking
No
View
No
County
Los Angeles
Water Source
Public
Pool
No
Pool Features
None
Zoning
LARD1.5
Buyer Agency Compensation
2.5%
Listing History
Date | Event | Price |
---|---|---|
12/7/2023 | Price Change | $5,600,000 -7% |
12/7/2023 | Sold | — |
10/30/2023 | Pending | — |
5/23/2023 | Under Contract | — |
Listing Contact: 818-409-0040
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 12/8/2023. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.
©2023 California Regional Multiple Listing Service (CRMLS) all rights reserved.
Data last updated on 12/8/2023 at 1:13 AM UTC