2315 Fargo Street

    Los Angeles (City), CA 90039
    • $1,850,000
    • STATUS: Active
    • ON SITE: 15 days
    • ID#: 18401484
    UPDATED: 43 min ago
    $1,850,000
    • 0
      BEDS
    • 0.25
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,755
      SQFT
    • $672
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1937
    County:

    School Ratings & Info

    Description

    Marcus & Millichap is proud to present 2315 Fargo Street, located in the vibrantly charming and ultra-desirable Los Angeles neighborhood of Silver Lake. The property consists of four individual cottage style units on a large, 11,065 square foot lot; three one-bedroom/ one-bath units and one four-bedroom/ two-bath unit. Each unit has a garage, used as a storage space, and a private patio surrounded by well landscaped vegetation. Each unit is individually metered for gas and electric, and three of the units feature laundry equipment.This is an value-add opportunity, located in one of the most a highly sought-after, low inventory markets in Los Angeles.DO NOT ENTER THE PROPERTY WITHOUT AN APPOINTMENT WITH THE LISTING AGENTS

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-11-12T21:31:24.24. 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 deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
    www.fredsedgroup.com/homes/88932054

    2315 Fargo Street Los Angeles (City), CA 90039

    • Price: $1,850,000
    • Status: Active
    • Updated: 43 min ago
    • ID#: 18401484
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.25
    Acres
    2,755
    SQFT
    $672
    $/SQFT
    1937
    Built
    Neighborhood:
    671 - Silver Lake
    County:
    Los Angeles
    Area:
    671 - Silver Lake
    Property Description
    Marcus & Millichap is proud to present 2315 Fargo Street, located in the vibrantly charming and ultra-desirable Los Angeles neighborhood of Silver Lake. The property consists of four individual cottage style units on a large, 11,065 square foot lot; three one-bedroom/ one-bath units and one four-bedroom/ two-bath unit. Each unit has a garage, used as a storage space, and a private patio surrounded by well landscaped vegetation. Each unit is individually metered for gas and electric, and three of the units feature laundry equipment.This is an value-add opportunity, located in one of the most a highly sought-after, low inventory markets in Los Angeles.DO NOT ENTER THE PROPERTY WITHOUT AN APPOINTMENT WITH THE LISTING AGENTS
    Exterior Features

    Lot Size Units Square Feet Parking Features Other Parking YN Yes

    Interior Features

    Cooling See Remarks Cooling YN Yes Laundry Features See Remarks

    Property Features

    Gross Multiplier 19.76 Gross Operating Income 93612.00 Improvements Amount 122496 Land Value 126000 Laundry YN Yes Net Operating Income 59021.00 Special Listing Conditions Standard Total Expenses 32023.00 Zoning Lar1

    Listing provided courtesy of Barry Gordon of Marcus & Millichap.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-11-12T21:31:24.24. 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 deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
     
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