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Real Living Pacific Realty
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(800)660-9140
(800)660-9140
pacificrealty@
realliving.com
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Real Living Pacific Realty
(800)660-9140

251 Robinson Street, SILVER LAKE CA, 90026

(Active)
$5,250,000
|
12,318 sqft
|
MLS# SR14030916
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Listing Provided Courtesy Of: Keller Williams Encino-Sherman Oaks
Last Updated: 4/21/2014 5:06 AM
Description for 251 Robinson Street SILVER LAKE, CA 90026
New construction in late 2012 makes this one a winner. First cycle of tenant leases coming up and owner looking at 10% increases across the board...no rent control. Excellent mix of units with eight (8) one bedroom, one bath and ten (10) two bedroom, two bath all done with fine detailing. Gated assigned parking also allows for a space per bedroom. Solid rental area with tremendous upside. Easy access to downtown, the studios, west side and all freeways. Top two units are town home styled with views out to the Hollywood sign and Downtown. Low overhead and expenses. Silver Lake remains one of the most stable and desired rentals areas in LA. With new construction you are not looking at deferred maintenance. CAP rate will only increase as leases are renewed or new tenants brought in. Solid demand for this area.
Price
$5,250,000
Los Angeles
12,318 (approx)
SR14030916
Active
Description
New construction in late 2012 makes this one a winner. First cycle of tenant leases coming up and owner looking at 10% increases across the board...no rent control. Excellent mix of units with eight (8) one bedroom, one bath and ten (10) two bedroom, two bath all done with fine detailing. Gated assigned parking also allows for a space per bedroom. Solid rental area with tremendous upside. Easy access to downtown, the studios, west side and all freeways. Top two units are town home styled with views out to the Hollywood sign and Downtown. Low overhead and expenses. Silver Lake remains one of the most stable and desired rentals areas in LA. With new construction you are not looking at deferred maintenance. CAP rate will only increase as leases are renewed or new tenants brought in. Solid demand for this area.
Listing Information
Property Type: Multi-Family
13,380 Sq. Ft. Public Records 12,318 (approx)
$426.21 2012 Yes- 28 spaces
New Construction
Public, Water District
In, In Street Paid
18 Total
Neighborhood
Room Information
Community
Open to Family Room
Interior Features
Dishwasher, Garbage Disposal, Range, Free Standing, Gas/Electric Range, Gas, Stove, Microwave, Self Cleaning Oven
Hardwood, Marble, Ceramic Tile, Laminate, Carpet, Linoleum, Carpet - Partial, Bamboo, Granite, Clay
Central Air
Central
Double Pane Windows
Ground Level - no steps
36 inch or more wide halls
24 Hour, Carbon Monoxide Detector(s), Card/Code Access, Fire and Smoke Detection System, Fire Rated Drywall, Fire Sprinklers, Exterior Security Lights, Smoke Detector
2 Staircases
Exterior / Lot Features
28 Garage Spaces, 28 Parking Spaces, Driveway - Concrete, Assigned, Garage - Front Entry, Off Street Parking
Stucco
Composition
None
No Pool
City, Mountain
Sidewalks, Street Lighting
Financial Considerations
5156003031
Cash, Cash To New Loan
Income ,$69,147
284235.0000
Semi Annually
Listing Price History

SILVER LAKE Real Estate

SILVER LAKE is located in California.

Sales History
Tax Info
Listing Provided Courtesy Of: Keller Williams Encino-Sherman Oaks Peter Miller
The real estate listing information is provided by California Regional MLS, Inc. and/or CARETS® for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing or leasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (IDX) program of the California Regional MLS, Inc. and/or CARETS®. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns the web site. Information is deemed reliable but not guaranteed, and consumer is responsible for verifying the accuracy of all information. Copyright © California Regional MLS, Inc. and/or CARETS®. All Rights Reserved.
Information is deemed reliable but is not guaranteed.

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