This Multifamily Property is no longer advertised on LoopNet.com.

3205 Descanso Dr
Los Angeles, CA 90026
Multifamily Property For Sale · 26 Units

Investment Highlights

  • Highly desirable location in Silver Lake— one of the most sought-after multifamily rental markets and affluent resident-bases in Los Angeles
  • Rated as a “Very Walkable” place to live with a Walk Score of 95/100—offering residents immediate access to Silver Lake’s best dining and shopping
  • Easy access to the I-5 and 101 Freeways, Connecting the property to the greater Los Angeles Area
  • Nestled between Downtown Los Angeles, Burbank and Hollywood—three of LA’s major employment hubs
  • Average submarket asking rent has grown 13.3% over the past year and is forecasted to rise another 23.1% in the next 5 years
  • Just a short 5 minute drive to the famous Echo Park, and a 10 minute drive to Dodger Stadium

Property Facts

No. Units 26
Property Type Multifamily
Property Subtype Apartment
Apartment Style Mid-Rise
Building Class C
Lot Size 0.14 AC
Building Size 17,760 SF
No. Stories 5
Year Built 1928
Parking Ratio 1.3/1,000 SF
Zoning LAR3

Amenities

Unit Amenities

  • Heating
  • Kitchen
  • Hardwood Floors
  • Oven
  • Range
  • Freezer

Site Amenities

  • Laundry Facilities
  • Gated
  • Bicycle Storage

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
Studios 16 - 500
1+1 8 - 650
2+2 2 - -

Property Taxes

Property Taxes

Parcel Number
5426-007-002
Land Assessment
$163,032
Improvements Assessment
$453,059
Total Assessment
$616,091
  • Listing ID: 32711950

  • Date on Market: 8/6/2024

  • Last Updated:

  • Address: 3205 Descanso Dr, Los Angeles, CA 90026

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}