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4 Units in Silver Lake 732 Robinson St 4 Unit Apartment Building $1,500,000 ($375,000/Unit) 4.53% Cap Rate Los Angeles, CA 90026



EXECUTIVE SUMMARY
Well-located four-unit property on one of Silver Lake’s most desirable residential streets, featuring one vacant unit ideal for an owner-user or flexible investment strategy.
The property consists of four units totaling approximately 2,892 SF on a 6,616 SF lot, including one (1) two-bedroom unit and three (3) one-bedroom units. Built in 1949, the building has been well maintained and includes four on-site parking spaces, a rare and valuable feature in this submarket.
Set on a quiet, tree-lined street, the property offers a strong residential feel while remaining close to the heart of Silver Lake. The vacant unit provides an excellent opportunity for an owner-user to occupy while generating income from the remaining units.
For investors, the property offers solid in-place income with meaningful upside through future rent growth, supported by strong tenant demand and an attractive unit mix.
Additional upside is provided by a detached storage structure with rear access, offering potential for future ADU conversion (buyer to verify).
Located just minutes from Sunset Junction and surrounded by top dining, retail, and lifestyle amenities, with convenient access to Los Feliz, Echo Park, Hollywood, and Downtown Los Angeles.
Ideal for an owner-user or investor seeking stable income today with long-term upside in a prime Silver Lake location.
The property consists of four units totaling approximately 2,892 SF on a 6,616 SF lot, including one (1) two-bedroom unit and three (3) one-bedroom units. Built in 1949, the building has been well maintained and includes four on-site parking spaces, a rare and valuable feature in this submarket.
Set on a quiet, tree-lined street, the property offers a strong residential feel while remaining close to the heart of Silver Lake. The vacant unit provides an excellent opportunity for an owner-user to occupy while generating income from the remaining units.
For investors, the property offers solid in-place income with meaningful upside through future rent growth, supported by strong tenant demand and an attractive unit mix.
Additional upside is provided by a detached storage structure with rear access, offering potential for future ADU conversion (buyer to verify).
Located just minutes from Sunset Junction and surrounded by top dining, retail, and lifestyle amenities, with convenient access to Los Feliz, Echo Park, Hollywood, and Downtown Los Angeles.
Ideal for an owner-user or investor seeking stable income today with long-term upside in a prime Silver Lake location.
DATA ROOM Click Here to Access
- Offering Memorandum
PROPERTY FACTS
| Price | $1,500,000 | Apartment Style | Low-Rise |
| Price Per Unit | $375,000 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.15 AC |
| Cap Rate | 4.53% | Building Size | 2,892 SF |
| Gross Rent Multiplier | 14.51 | Average Occupancy | 75% |
| No. Units | 4 | No. Stories | 1 |
| Property Type | Multifamily | Year Built/Renovated | 1949/2018 |
| Property Subtype | Apartment | Parking Ratio | 1.38/1,000 SF |
| Zoning | RD2 | ||
| Price | $1,500,000 |
| Price Per Unit | $375,000 |
| Sale Type | Investment |
| Cap Rate | 4.53% |
| Gross Rent Multiplier | 14.51 |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.15 AC |
| Building Size | 2,892 SF |
| Average Occupancy | 75% |
| No. Stories | 1 |
| Year Built/Renovated | 1949/2018 |
| Parking Ratio | 1.38/1,000 SF |
| Zoning | RD2 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Washer/Dryer
- Granite Countertops
- Hardwood Floors
- Refrigerator
- Stainless Steel Appliances
- Tub/Shower
- Yard
- Dining Room
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 3 | $1,744 | 650 |
| 2+2 | 1 | $3,380 | 850 |
1 1
Walk Score®
Very Walkable (84)
PROPERTY TAXES
| Parcel Number | 5401-017-006 | Improvements Assessment | $546,820 |
| Land Assessment | $1,093,645 | Total Assessment | $1,640,465 |
PROPERTY TAXES
Parcel Number
5401-017-006
Land Assessment
$1,093,645
Improvements Assessment
$546,820
Total Assessment
$1,640,465
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4 Units in Silver Lake | 732 Robinson St
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