$1,050,000
Est. payment /mo
3 Beds
4 Baths
1,520 SqFt
New
3456 Plata ST Los Angeles, CA 90026
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Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 1,520 sqft
Price per Sqft $690
MLS Listing ID 25613093
Bedrooms 3
HOA Y/N No
Year Built 1925
Lot Size 3,754 Sqft
Property Description
*** Lowest-priced fourplex in 90026*** Set half a mile from Virgil Avenue, 3456 Plata sits within reach of one of LA's most culturally vibrant corridors. The surrounding neighborhood has become a destination for locals and visitors alike, drawn to its flourishing food scene and independent retail. Within minutes, tenants have access to Sqirl's inventive California fare, Courage Bagels' New York-style classics, Bolita's modern Mexican cuisine, and Voodoo Vin's natural wine selection. Just one mile north, Sunset Boulevard and Silver Lake's creative community add another layer of appeal, reinforcing consistent tenant demand in this evolving pocket of 90026. Built in 1925, the property is a classic bungalow-style fourplex featuring (1) 2-bedroom unit, (1) 1-bedroom unit, and (2) studio units. Each unit offers wood flooring and large windows that fill the spaces with natural light. The 2-bedroom unit includes a private back patio, ideal for outdoor dining or entertaining. Property amenities include approximately 3 parking spaces and community laundry. For investors, 3456 Plata presents clear upside. Current rents are positioned approximately 47% below market, with projected stabilized returns of a 6.64% cap rate and 11.09 GRM at market rents. Following a recent price reduction, the property is the lowest-priced fourplex in 90026, offering an accessible entry point into a neighborhood defined by momentum, culture, and long-term growth potential.
Location
State CA
County Los Angeles
Area C21 - Silver Lake - Echo Park
Zoning LAR2
Interior
Flooring Tile, Wood
Fireplaces Type None
Fireplace No
Appliance Refrigerator
Laundry Common Area
Exterior
Parking Features Uncovered
Community Features Gated
View Y/N No
View None
Total Parking Spaces 3
Building
Faces North
Story 1
Entry Level One
Architectural Style Bungalow
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 5401011005
Security Features Gated Community
Special Listing Condition Standard
Listed by Max Berger Compass
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