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Berkshire Hathaway HomeServices California Properties Berkshire Hathaway HomeServices California Properties
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415 N La Fayette Park Los Angeles, CA 90026
$2,799,000 0 beds, 0 baths
0 sqft
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Photo of Michael Tunick

Michael Tunick REALTOR® - Sales Associate 323-646-3893 m
818-386-9007 f
Lic#: 01321406
NRDS ID: 175512407
mtunick@bhhscal.com
Text Me
Call My Cell
818-386-9007 f
Lic#: 01321406
NRDS ID: 175512407
mtunick@bhhscal.com
Sherman Oaks Office
14141 Ventura Blvd., Ste. 8
Sherman Oaks, CA 91423
Phone: 818-528-3200
Fax: 818-386-9007
Sherman Oaks 14141 Ventura Blvd., Ste. 8
Sherman Oaks, CA 91423
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Agent Remarks

NEW CONSTRUCTION | FOUR-UNIT LUXURY INVESTMENT PRIME Hi-Fi LOCATION | 6% PROFORMA CAP | NO RENT CONTROL This is a rare opportunity to acquire a brand-new, high-yield asset in one of Los Angeles’ most supply-constrained and aggressively appreciating rental markets. Located just minutes from Silver Lake, this newly constructed four-unit luxury community offers immediate cash flow with long-term upside. Certificate of Occupancy is in hand. The property can be delivered fully leased at market rents, providing day-one stabilized income. With no rent control restrictions, investors retain full operational flexibility and future rental growth potential —a significant advantage. Offered at a projected 6% cap rate, in a neighborhood where new construction inventory is extremely limited and rental demand consistently outpaces supply. The property consists of two modern brand-new structures totaling four premium units. Each residence features highly desirable floorplans, private laundry rooms, tandem parking, and upscale finishes designed to attract high-credit tenants. Each unit is separately metered for all utilities, plus dedicated common-area meters, allow for clean expense allocation and streamlined management. Built for durability and efficiency, the property includes solar systems, energy-efficient appliances, drought-tolerant landscaping, and low-maintenance materials — minimizing operating costs while maximizing long-term performance. As new construction, the asset offers the added benefit of reduced capital expenditure risk and a one-year builder fit and finish warranty. Positioned between Hollywood and Silver Lake in Historic Filipino town, the location commands premium rents driven by proximity to tech hubs, creative industries, nightlife, dining, and retail. Rental comps in the immediate area continue to push upward, supported by a stable, high-income tenant base. For investors seeking a turnkey, low-maintenance, high-performing asset in one of LA’s strongest rental corridors — this opportunity checks every box. Contact us for full financials or to learn more about the developer’s additional new construction opportunities throughout Los Angeles.

Listing Details

Property type: Quadruplex (Multi-Family)
Status: Active
MLS# PW26046521
List price is $2,799,000
HOA Fee is $0.00
Beds: 0
Baths: 0
None fireplaces
Built in 2026
0.11 acres
Lot size: 0.1098
County: Los Angeles
Property style: Mid-Century Modern
Interior features: Balcony,Quartz Counters,Recessed Lighting
Exterior features: Lighting,Rain Gutters
Appliances: Dishwasher,ENERGY STAR Qualified Appliances,Gas Cooktop,Microwave,Refrigerator,Dryer,Washer
Parking description: Tandem,Uncovered
Lot description: Corner Lot,Landscaped
Heating/cooling: Central Air,ENERGY STAR Qualified Equipment
Heating description: Central,ENERGY STAR Qualified Equipment
MLS area: C21 - Silver Lake - Echo Park

Last Updated: 3/4/2026

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 Find more homes in 90026 zip code

This listing belongs to the C21 - Silver Lake - Echo Park MLS area

The style of this listing is Mid-Century Modern.
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Lat/Long: 34.075030, -118.275842.
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Listing Agent: Martin Fish
Lic#: 01321406
Office Name: Sherman Oaks

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Nearby Schools

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Area Overview

Total population of , which has changed by % since 1990.
The median age of the population is , while the median age of dwellings is .
Out of households, are families.

Community Characteristics:

Occupancy Type

White/Blue Collar Jobs

Population by Gender

Hispanic/Non-Hispanic Population

Compared to National:

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Photo of Michael Tunick

Michael Tunick REALTOR® - Sales Associate 323-646-3893 m
818-386-9007 f
Lic#: 01321406
NRDS ID: 175512407
mtunick@bhhscal.com
Text Me
Call My Cell
818-386-9007 f
Lic#: 01321406
NRDS ID: 175512407
mtunick@bhhscal.com

Sherman Oaks Office
14141 Ventura Blvd., Ste. 8
Sherman Oaks, CA 91423
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