947 N Vendome ST, Los Angeles, CA 90026
947 N Vendome ST, Los Angeles, CA 90026
947 N Vendome ST, Los Angeles, CA 90026
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$1,799,000
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10 Beds
6 Baths
3,751 SqFt
Active Under Contract

947 N Vendome ST Los Angeles, CA 90026

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Jerry And Rachel Team Hsieh

Jerry And Rachel Team Hsieh

+1(424) 242-8856

UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 3,751 sqft

Price per Sqft $479

MLS Listing ID 26863985

Bedrooms 10

HOA Y/N No

Year Built 1941

Lot Size 6,512 Sqft

Property Description

Located in the heart of Silver Lake, this well-maintained 1941 fourplex presents a rare investment opportunity in one of Los Angeles' most desirable neighborhoods. Fully tenant-occupied with strong in-place rental income, excellent rental demand, and within close proximity to some of Silver Lake's most popular destinations, the property offers immediate cash flow with long-term upside. Spanning approximately 3,751 square feet across four units, the building comprises two 3-bedroom, 2-bathroom units and two 2-bedroom, 1-bathroom units, all housed within a stately two-story structure. Set atop four street-level garages, a secure entry gate and front staircase lead to the exterior entrances of all four units. Units 947 and 949 are located on the main level, while Units 947 1/2 and 949 1/2 are located on the upper level. Each lower unit features three bedrooms, two bathrooms, and a living room with a bay window. Each upper unit offers two bedrooms, one bathroom, and a comfortable, light-filled living room. All units include separate rear entrances with access to the shared patio and garden. This fully tenant-occupied property presents a compelling investment opportunity in a highly sought-after neighborhood, set moments from Silver Lake's best commercial offerings. Current gross rental income is approximately $12,441 per month, with projected market rents of approximately $13,290 per month ($159,480 annually), offering additional upside potential. Each unit is separately metered for gas and electricity, while the housing provider pays for water and trash. Additional amenities include a shared outdoor coin-operated laundry area and four individual one-car garages. Ideally located and highly desired by tenants and owner-users alike, the property sits in the heart of Silver Lake, a short distance to Sunset Junction, Erewhon Market, Intelligentsia Coffee, Pine & Crane, and the Silver Lake Farmers Market. Residents also enjoy convenient access to Los Feliz, Echo Park, Downtown Los Angeles, and major commuter routes. Whether maintained as a long-term investment or repositioned over time, 947-949 N. Vendome Street offers stable income, rental upside, and an exceptional location in one of Los Angeles' strongest rental markets.

Location

State CA

County Los Angeles

Area C21 - Silver Lake - Echo Park

Zoning LAR2

Interior

Heating Electric, Natural Gas

Fireplaces Type None

Fireplace No

Appliance Refrigerator, Dryer, Washer

Laundry Outside

Exterior

Parking Features Garage

Garage Spaces 4.0

Garage Description 4.0

Pool None

Community Features Gated

View Y/N Yes

View City Lights

Porch Deck, Front Porch, Open, Patio

Total Parking Spaces 4

Private Pool No

Building

Story 2

Entry Level Two

Sewer Other

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 5426016031

Security Features Gated Community

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)
Listed by Lori Harris Keller Williams Realty Los Feliz #02132297

NEARBY SCHOOL & BUSINESS

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Jerry And Rachel Team Hsieh

Jerry And Rachel Team Hsieh

Owner/Director of Sales | License ID: 01701809

+1(424) 242-8856

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947 N Vendome ST

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