1026 Sanborn Avenue, Los Angeles, CA 90029 | MLS 18362086 | Listing Information | Real Living Sugar Pine Realty | Real Living Real Estate
Real Living Sugar Pine Realty
(209) 533-4242

1026 Sanborn Avenue,  Los Angeles CA, 90029

36,900 sqft
Status: Sold
MLS#: 18362086
1of
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Real Living Sugar Pine Realty
(209) 533-4242

Listing Provided Courtesy Of: Keller Williams Realty Los Fel
Last Updated: 12/11/2018 11:41 PM
Description for 1026 Sanborn Avenue Los Angeles, CA 90029
We are proud to present 1026-1036 Sanborn Ave & 1037 Hyperion Ave, a 67-unit apartment community consisting of 4 contiguous, 1920s charming Spanish-style buildings in the hippest neighborhood in Los Angeles-Silver Lake. The unit mix consists of 59 Singles and 8 (1+1). Approximately 20% of the current residents are legacy tenants who were inherited by the current ownership. Most of the units have been renovated at different times throughout the current ownership's tenure, which spans over a decade. This portfolio presents a unique opportunity to own a well-managed, high-yielding, trophy asset with pristine grounds and true value-add aspects in one of the hottest sub-market in Los Angeles. 1026 Sanborn Ave (APN: 5427-007-025)--17-units 1030 Sanborn Ave (APN: 5427-007-024)--18-units 1036 Sanborn Ave (APN: 5427-007-023)--16-units1037 Hyperion Ave (APN: 5427-007-009)--16 units
Price
Sold Price:
$20,000,000
Sold Date:11/30/2018
Los Angeles
36,900 (approx)
18362086
Closed
Description
We are proud to present 1026-1036 Sanborn Ave & 1037 Hyperion Ave, a 67-unit apartment community consisting of 4 contiguous, 1920s charming Spanish-style buildings in the hippest neighborhood in Los Angeles-Silver Lake. The unit mix consists of 59 Singles and 8 (1+1). Approximately 20% of the current residents are legacy tenants who were inherited by the current ownership. Most of the units have been renovated at different times throughout the current ownership's tenure, which spans over a decade. This portfolio presents a unique opportunity to own a well-managed, high-yielding, trophy asset with pristine grounds and true value-add aspects in one of the hottest sub-market in Los Angeles. 1026 Sanborn Ave (APN: 5427-007-025)--17-units 1030 Sanborn Ave (APN: 5427-007-024)--18-units 1036 Sanborn Ave (APN: 5427-007-023)--16-units1037 Hyperion Ave (APN: 5427-007-009)--16 units
Listing Information
Property Type: Cluster, Spanish
0.6 Acres 36,900 (approx) $542.01
1928 Stucco
67 Total
Neighborhood
Room Information
Common
Interior Features
Refrigerator, Freezer
Window/Wall Unit
Exterior / Lot Features
Stucco
LAR3-IVL
Driving Directions
1/2 block from Sunset Junction located in the Silver Lake neighborhood. Street to street apartment community south of Sunset Blvd on Sanborn Ave (3 properties) & Hyperion Ave (1 property).
Financial Considerations
5427007025
,$509,293
Listing Price History

Los Angeles Real Estate

Los Angeles is located in California. Los Angeles, California 90029 has a population of 3,971,883.

The median household income in Los Angeles, California 90029 is $49,682. The median household income for the surrounding county is $55,870 compared to the national median of $53,482. The median age of people living in Los Angeles 90029 is 34.6 years.

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Courtesy: Matthew R. Kanner - Keller Williams Realty Los Fel
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this website. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
This content last refreshed on 12/11/2018 11:41 PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.

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