Los Angeles, CA 90008
LISTING CRE
2826-2828 Avenel Ave
Single Family Home + 6 Units
Property
The Asset
Units
Year Built
Lot SF
Gross Sf
APN
Zoning
Summary
SFR + 6 Units
1940/1954
10,657
4,382
5434-028-035
LARD1.5
SNAPSHOT
Value-Add Upgrade Potential
Access to Amenities
Lack of Housing Affordability
Overview
KW Commercial, as the exclusive listing agents, are pleased to present the opportunity to acquire 2826 – 2828 Avenel Street, a Single Family Home PLUS 6 Apartment Units in the highly sought-after Silver Lake sub-market (90039). The offering provides a unique opportunity with strong & stable in-place income and further rental upside in the best rental market in Los Angeles. 2826 – 2828 Avenel Street consists of two structures totaling +/- 4,382 SF and is comprised of a single family home built in 1940 (+/-1,106 SF) and in the rear, a separate Six (6) unit building built in 1954 ( +/- 3,276 SF). The offering is sited on an oversized +/- 10,657 SF parcel zoned LARD1.5. The property features a favorable unit composition of ONE (1) 2 Bed / 2 Bath Single Family Home and SIX (6) One Bedroom | One Bathroom apartment units.
2828 Avenel Avenue – Single Family Home
•2 Bedroom + 2 bathrooms in +/-1,106 SF Improvements
•Laundry Facility behind Home (tenant owned)
•Separately Metered for Gas & Electrical
•Parking Provided for +/- 2 Vehicles in private garage (currently used as storage) with gated driveway
2826 Avenel Avenue – Six (6) Apartment Units
•All 1 Bedroom + 1 Bathroom Apartment Units
• +/-3,276 SF Improvements
•Common Area Laundry Room (MTM Leased)
•Separately Metered for Gas & Electrical
•Parking Provided for +/- 8 vehicles (6 dedicated and 2 unmarked spaces)
NICK ASTRUPGAARD
KW Commercial - Multifamily Advisor
818.432.1580
CalBRE Lic #01893466
