CA > Los Angeles
Los Angeles, CA 90029,966 Sanborn Ave
Los Angeles, CA 90029,966 Sanborn Ave
Los Angeles, CA 90029,966 Sanborn Ave
64
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$3,950,000
Est. payment /mo
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12 BD
10 BA
7,821 SqFt
New

966 Sanborn Ave Los Angeles, CA 90029

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Sheila Ponder

Sheila Ponder

+1(725) 242-3833

UPDATED:

01/09/2025 07:55 PM

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 7,821 sqft

Price per Sqft $505

MLS Listing ID 25-479121

Bedrooms 12

Year Built 2024

Lot Size 5,373 Sqft

Acres 0.1233

Property Description

The offering is a brand-new, 2024-built townhome-style apartment building located in the highly sought-after neighborhood of Silver Lake, just steps from Sunset Junction. Constructed with a Senate Bill 8 exemption, the property is not subject to the restrictive Los Angeles Rent Control measures, making it an attractive investment opportunity. The property features four meticulously designed units spanning a total of 7,819 square feet, with an ideal unit mix (1)4-bedroom, 3.5-bathroom, (1) 3-bedroom, 2.5-bathroom, (1) 3-bedroom, 2-bathroom & (1) 2-bedroom, 2-bathroom unit. Each unit is thoughtfully crafted with private rooftop decks, offering stunning views of Silver Lake. The interiors are finished with hardwood floors, recessed lighting, stainless steel appliances, and in-unit washers and dryers, providing tenants with modern conveniences and luxurious living spaces. Offered at $3,950,000, this turnkey investment opportunity delivers an immediate 5.53% CAP rate in one of Los Angeles' most desirable locations. The property has been built with exceptional attention to detail by one of Los Angeles' premier townhome developers, featuring custom home-level finishes that exude elegance and sophistication. Located just off Sunset Junction, the property boasts a Walk Score of 91, ensuring tenants have convenient access to some of the best dining, shopping, and entertainment options in Silver Lake. Nearby anchors include Erewhon, Silver Lake Farmer's Market, Bacari, Pine & Crane, and Intelligentsia Coffee, among many others. This is a rare opportunity to acquire a high-performing, new-construction asset in a premier Los Angeles location.

Location

State CA

County Los Angeles

Area Silver Lake - Echo Park

Zoning LARD1.5

Rooms

Other Rooms None

Interior

Heating Central

Cooling Central

Flooring Wood

Equipment Dishwasher, Dryer, Washer, Freezer, Range/Oven, Garbage Disposal, Solar Panels, Refrigerator

Laundry In Unit

Exterior

Parking Features Garage Is Attached

Garage Spaces 8.0

Building

Story 2

Level or Stories Two

Others

Special Listing Condition Standard

TheMLS (CLAW)
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2025 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Lyon Stahl Investment Real Estate, Inc.

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Sheila Ponder

Agent | RE.S.0197943

+1(725) 242-3833

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966 Sanborn Ave