805-809 N Kodak Dr - Apartments FOR SALE


Los Angeles, CA 90026- Silver Lake
$1,595,000 USD
213-305-9026
805-809 N Kodak Dr, Los Angeles, CA for Sale
$1,595,000 USD
Apartments - FOR SALE
1/11
null | 4.5% Cap Rate

805-809 N Kodak Dr
Los Angeles, CA 90026
Silver Lake


HIGHLIGHTS

  • Built in the late 1920s, 850 Kodak Drive is a unique and special investment opportunity on one of the best streets in Silver Lake.
  • The property boasts a welcoming 1920s design and aesthetic throughout. The common areas offer a shaded oasis with outdoor spaces for tenant enjoyment.
  • Located in prime Silver Lake, with outstanding access to retail, entertainment, and cultural venues within the immediate submarket.
  • Close to Silver Lake, Virgil Village, Los Feliz, Echo Park, Koreatown, Hancock Park, Downtown LA, West Hollywood, and Hollywood.
  • Unit #809 is vacant with the possibility of another vacancy by Close of Escrow.
  • 805 Kodak Street has five covered parking spaces and is not on the list of buildings that require a soft-story seismic retrofit.

OVERVIEW

Built in the late 1920s, 850 Kodak Drive is a unique and special investment opportunity on one of the best streets in Silver Lake. 805 Kodak Street consists of six original units – one (1) One Bedroom / One Bath Unit, two (2) large Studio Units with unique vaulted ceilings, and three (3) additional large Studio apartments. Investors and tenants alike will note the striking and welcoming 1920s design and aesthetic throughout. The common areas offer a shaded oasis with multiple outdoor spaces for tenant enjoyment. 805 Kodak Street has five covered parking spaces and is not on the list of buildings that require a soft-story seismic retrofit. It is centrally located in prime Silver Lake, with outstanding access to retail, entertainment, and cultural venues within the immediate submarket as the subject property is close to Silver Lake, Koreatown, Hancock Park, Downtown LA, West Hollywood, Echo Park, and Hollywood.

FOR SALE DETAILS

PRICE

$1,595,000 USD

PRICE/SF

$331 USD /SF

# OF UNITS

6

PRICE/UNIT

$265,833

CAP RATE

4.5%

% LEASED

83%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

6 Unit Oasis in Prime Silver Lake

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1927

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.13 AC

LAND SF

5,673 SF

ZONING

LARD2

APN/PARCEL ID

5427-020-013

ASK ABOUT THIS PROPERTY

Rich JohnsKW CommercialMore Info
213-305-9026

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Rich JohnsKW CommercialMore Info
213-305-9026

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.