2826-2828 Avenel Ave

Single Family Home + 6 Units

Image by Joshua Case
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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

 
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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)

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RICH JOHNS

KW Commercial - Multifamily Advisor

818.432.1575

Richjohns@kw.com

CalBRE Lic#01432215

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NICK ASTRUPGAARD

KW Commercial - Multifamily Advisor

818.432.1580

nastrupgaard@kw.com

CalBRE Lic #01893466

 
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