Under Contract
234 S Vendome St
Los Angeles CA, 90057
$1,279,000
$437.12 per sqft
Under Contract
9 Beds
2,926 sqft
Residential
Built in 1905
Sitting at the intersection of the Eastside's most desirable neighborhoods between Silver Lake and Virgil Village in newly-minted hotspot Rampart Village is this very rare income producing Victorian style triplex that offers a myriad of options from owner-occupying to holding for investment or future redevelopment courtesy of its highly coveted LARD 1.5 zoning and 2-car garage with ADU potential. Nestled among a verdant and private front yard, the property has the most valuable configuration for investors: a detached, move-in ready 3 bedroom/3 bathroom home in the front, complemented by a duplex at the rear. The duplex, currently rented at $4413/month, consists of a 4 bedroom/2 bathroom unit upstairs and a 2 bedroom/1 bathroom unit downstairs. The front house, with a market rent potential of $4500/month, features high ceilings, vintage architectural details, a new kitchen, baths, central AC and a new roof installed in 2023. With the duplex currently rented at $4413/month and market rent for the vacant front house at $4500/month, the entire mortgage would be covered with over $1700/month positive income with just 20% down. Better yet, if living in the main house, an owner-occupant would have the majority of their mortgage covered. Centrally located to all the Eastside's most desirable gems of Echo Park, Silver Lake, Los Feliz and 8 minutes to world class destinations in DTLA like The Broad, Walt Disney Concert Hall and walking distance to some of the trendiest shops and eateries, this is a rare find not to be missed.
24-371351
MLSⓇ ID
March 21, 2024
Listed
April 7, 2024
Updated
Map
234 S Vendome St
Los Angeles CA, 90057
Interior Features
Total Stories
2
Bedrooms
9 Beds
Appliances
Built-Ins, Dryer, Range/Oven, Refrigerator, Washer
Fireplace
No
Cooling
Yes
Cooling Description
Air Conditioning
Heating
Yes
Heating Description
Central
Exterior/Building Features
Lot Size
0.14 Acres
Architectual Style
Victorian
Other Property Details
Area Name
Downtown L.A.
Days on Market
16
Garage
Yes
Parking
Garage - 2 Car
Parking Total
2
View
No
County
Los Angeles
Pool
No
Zoning
LARD1.5
Listing History
Date | Event | Price |
---|---|---|
4/6/2024 | Under Contract | — |
Listed by Vanessa Yan with Soulful Abode Los Angeles
Listing Contact: 310-259-4381
Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor NDA Real Estate shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
©2024 Combined L.A./Westside MLS. All rights reserved.
Data last updated 4/7/2024