743 Occidental Boulevard

Los Angeles, CA 90026

$2,875,000

Listed Price
N/A

bed Beds

N/A

shower Baths

N/A sqft

straighten $708 / sqft

1922

calendar_month Built

Property Description

Las Casitas is a 5-unit apartment building at 743 N. Occidental Blvd. in the desirable Silverlake neighborhood of Los Angeles. Extensively renovated in2023, the property offers renters a high-demand mix of two 1-bedroom/1bath, one2-bedroom/1-bath, andtwo3-bedroom/2-bath units across 3,560 square feet of improvements on7,100 square feet (0.16acres) of land. Las Casitas is a 1920s Spanish house with four separate bungalows that give tenants the feel of a home. Originally built in 1927, the units were taken down to the studs in 2023 and rebuilt with new hardwood floors, kitchen cabinets, countertops, stainless steel appliances, designer tiles, fixtures, and lighting. The bathrooms have been updated with modern vanities, tiles, bathtubs, and hardware. The units have new windows, split system conditioning units, and in-unit washers and dryers. In addition, the building has copper plumbing, new electrical system & wiring, exterior paint and landscaping. The charming Spanish architecture, resort-style feel, and location are major draws for Las Casitas. Additional drivers leading to the high rents being achieved include the elevated renovation level and designer touches. Tenants have proven they are willing to pay more for a premiumproduct which far exceeds the level of detail found at competing properties. Utilities are separately metered for electricity and gas, and each unit has an individual water heater. Las Casitas is the perfect opportunity for investor looking for a high yield, excellent location, and a turn-key asset.

Interior Features

Bedroom Information
Bedrooms N/A
Bathroom Information
Bathrooms N/A

Listing Information

Address 743 Occidental Boulevard
City Los Angeles
State CA
Zip 90026
County Los Angeles
Listing Agent Adam Zunder DRE#01821053
Courtesy Of Iconic Investments
MLS 24384553
List Price $2,875,000
Status Active
Type Residential Income
Structure Size N/A
Lot Size 7,102
Year Built 1922
DOM 11

Exterior Information

Maps

Listing information courtesy of: Adam Zunder, Iconic Investments . *Based on information from the Association of REALTORS/Multiple Listing as of May 3rd, 2024 at 5:19 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.