408 N La Fayette Park Place, Los Angeles, CA 90026

$1,250,000 Asking Price

4 beds
3 baths
1,625  sqft
Built in 1922

Welcome to an exceptional opportunity on the edge of Silver Lake and Hi-Fi! This vacant front house features a spacious 3-bedroom, 2-bathroom layout with vaulted ceilings, creating a bright and expansive feel throughout. Step inside to discover a home designed for modern living, where the vaulted ceilings enhance the open atmosphere. Each bedroom offers comfort and privacy, making it ideal for families or those who love to entertain. Adding to its allure is a separate 1-bedroom, 1-bathroom guest house currently generating $2,750 per month in rental income. This additional dwelling is perfect for generating supplemental income or accommodating guests and family members with privacy and comfort. Located in a sought-after area between Silver Lake and Hi-Fi, this property offers easy access to vibrant city life, beautiful parks, and a variety of dining and entertainment options. Whether you're seeking an investment property or a multi-functional living space, this home provides endless possibilities.Don't miss out on this rare opportunity to own a property in such a prime location. Schedule a showing today to experience everything this home has to offer!


Features & Amenities

Interior

General:
Walk-In Closet(s)
Appliances:
Dishwasher,Disposal,Refrigerator,Dryer,Washer
Flooring:
Laminate
Heating:
true, Wall Furnace
Fireplace:
None

Exterior

General:
Guest House
Style:
Bungalow
Other Structures:
Guest House
Pool:
None
Parking:
Driveway,Gated, Parking spaces: 4

Construction

General:
1

Location

Originating MLS:
CRMLS
County:
Los Angeles

Lot

Zoning:
LARD2, 5156025008
View:
None

Financial

Source:
CRMLS

This listing courtesy of:
Figure 8 Realty, Colt Maloney

About Los Angeles, CA

Housing

Number of Units
906,276
Median Home Value
$764,749
Median Rent
$1,399

71.58% of housing units are renter occupied.

6.82% are vacant.

Commute

Car
56.67%
Public Transportation
8.41%
Walk to Work
3.27%
Work from Home
29.71%
Other
1.00%

The median travel time to work is 25 minutes.

People

Population
2,373,885
Median Age
35.80
Median Household Size
2.78

Education

High School
18.57%
Associate’s Degree
5.55%
Bachelor’s Degree
22.72%
Graduate Degree
12.23%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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