Multifamily
Silver Lake Towers
3408 Sunset Blvd, Los Angeles, CA 90026
Listing Price: $12,000,000
Cap Rate
4.22%
Number of Units
52
GRM
12.07
Price/Unit
$230,769
Price/Gross SF
$372.74
Gross SF
32,194
Investment Overview
Marcus and Millichap is pleased to present the opportunity to acquire 3408 W. Sunset Avenue or More Commonly Known as Silver Lake Towers, a 52-Unit multifamily apartment building located in the 90026 zip code of Los Angeles.
Investment Highlights
- Great Unit Mix Consisting of (36) Studios & (16) One-Bedroom Units!
- Brand New Roof Installed in 2020!
- Property was Re-Piped in 2009!
- Professionally Managed Property!
- Property Offers Elevator Service, On-Site Laundry Facilities & Community Vending Machines For Tenants!
- Secured Entry For Tenants!
- 24-Hour Emergency Maintenance Request and Response!
- Highly Desirable Silver Lake Location; Located in the Heart of Sunset Junction!
Exclusively Listed By
Financing By
Listing Price: $12,000,000
Cap Rate
4.22%
Number of Units
52
GRM
12.07
Price/Unit
$230,769
Price/Gross SF
$372.74
Gross SF
32,194
Investment Highlights
- Great Unit Mix Consisting of (36) Studios & (16) One-Bedroom Units!
- Brand New Roof Installed in 2020!
- Property was Re-Piped in 2009!
- Professionally Managed Property!
- Property Offers Elevator Service, On-Site Laundry Facilities & Community Vending Machines For Tenants!
- Secured Entry For Tenants!
- 24-Hour Emergency Maintenance Request and Response!
- Highly Desirable Silver Lake Location; Located in the Heart of Sunset Junction!
Investment Overview
Marcus and Millichap is pleased to present the opportunity to acquire 3408 W. Sunset Avenue or More Commonly Known as Silver Lake Towers, a 52-Unit multifamily apartment building located in the 90026 zip code of Los Angeles.