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957 Vendome St 8 Unit Apartment Building $2,550,000 ($318,750/Unit) Los Angeles, CA 90026
Investment Highlights
- Eight massive units in prime Silver Lake | incredible upside
- Three of the Eight units have seen top-to-bottom remodels, featuring reimagined living rooms and kitchens, new flooring, new modern lighting, updated
- Separetely metered for gas & electrical
- Located adj to Sunset Blvd. and best pocket neighborhood
- Opportunity to nearly double (2X) existing rents. Five of eight units are not turned.
- Offering to benefit from operational efficiencies and active ownership
Executive Summary
ONE-OF-A-KIND ASSET: Built in 1924, 957 Vendome Street is a unique and special investment opportunity on one
of the best streets in Silver Lake.
HUGE UNITS: Large spacious unit at +/- 1,100 SF each) and excellent unit composition. All Two & Three Bedroom
Units
PROVEN CONCEPT: Three of the Eight units have seen top-to-bottom remodels, featuring reimagined living rooms
and kitchens, new flooring, new modern lighting, updated kitchens and bathrooms, in-unit washers/dryers, and new
stainless-steel appliances.
FUTURE UPSIDE: Opportunity to nearly double (2X) existing rents. Five of eight units are not turned.
PRIME SILVER LAKE LOCATION: Steps from the iconic Silver Lake Blvd, 957 Vendome Street provides easy access
to many of the hippest dining and shopping destinations that make Silver Lake so famous.
of the best streets in Silver Lake.
HUGE UNITS: Large spacious unit at +/- 1,100 SF each) and excellent unit composition. All Two & Three Bedroom
Units
PROVEN CONCEPT: Three of the Eight units have seen top-to-bottom remodels, featuring reimagined living rooms
and kitchens, new flooring, new modern lighting, updated kitchens and bathrooms, in-unit washers/dryers, and new
stainless-steel appliances.
FUTURE UPSIDE: Opportunity to nearly double (2X) existing rents. Five of eight units are not turned.
PRIME SILVER LAKE LOCATION: Steps from the iconic Silver Lake Blvd, 957 Vendome Street provides easy access
to many of the hippest dining and shopping destinations that make Silver Lake so famous.
Financial Summary (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
| Price | $2,550,000 | Building Class | C |
| Price Per Unit | $318,750 | Lot Size | 0.17 AC |
| Sale Type | Investment | Building Size | 8,588 SF |
| No. Units | 8 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1924 |
| Apartment Style | Low-Rise | ||
| Zoning | LAR2 | ||
| Price | $2,550,000 |
| Price Per Unit | $318,750 |
| Sale Type | Investment |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.17 AC |
| Building Size | 8,588 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1924 |
| Zoning | LAR2 |
Amenities
Unit Amenities
- Air Conditioning
- Cable Ready
- Disposal
- Heating
- Refrigerator
- Tub/Shower
Site Amenities
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Gated
- Smoke Free
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+2 | 2 | - | - |
| 3+1.5 | 1 | - | - |
| 3+1 | 2 | - | - |
| 2+2 | 1 | - | - |
| 2+1 | 2 | - | - |
1 1
Very walkable
80/100
Exceptionally drivable
90/100
Good public transit
70/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 5426-016-011 | Improvements Assessment | $1,398,388 |
| Land Assessment | $1,479,176 | Total Assessment | $2,877,564 |
Property Taxes
Parcel Number
5426-016-011
Land Assessment
$1,479,176
Improvements Assessment
$1,398,388
Total Assessment
$2,877,564
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957 Vendome St
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