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3456 Plata St, Los Angeles, CA 90026

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For Sale

$1,050,000

3 beds1,520 sqft

Estimated Payment

$      /mo.

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • Newly Listed
    Time on Century 21

  • $690.79
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

*** Lowest-priced fourplex in 90026*** Set half a mile from Virgil Avenue, 3456 Plata sits within reach of one of LA's most culturally vibrant corridors. The surrounding neighborhood has become a destination for locals and visitors alike, drawn to its flourishing food scene and independent retail. Within minutes, tenants have access to Sqirl's inventive California fare, Courage Bagels' New York-style classics, Bolita's modern Mexican cuisine, and Voodoo Vin's natural wine selection. Just one mile north, Sunset Boulevard and Silver Lake's creative community add another layer of appeal, reinforcing consistent tenant demand in this evolving pocket of 90026. Built in 1925, the property is a classic bungalow-style fourplex featuring (1) 2-bedroom unit, (1) 1-bedroom unit, and (2) studio units. Each unit offers wood flooring and large windows that fill the spaces with natural light. The 2-bedroom unit includes a private back patio, ideal for outdoor dining or entertaining. Property amenities include approximately 3 parking spaces and community laundry. For investors, 3456 Plata presents clear upside. Current rents are positioned approximately 47% below market, with projected stabilized returns of a 6.64% cap rate and 11.09 GRM at market rents. Following a recent price reduction, the property is the lowest-priced fourplex in 90026, offering an accessible entry point into a neighborhood defined by momentum, culture, and long-term growth potential.
MLS# 25613093

Courtesy Of Compass

(310) 230-5478

Property Features

  • Age
    Over 50 Years Old
  • Architecture Style
    Bungalow
  • Floor Covering
    Tile, Wood

Map and Directions

Directions to 3456 Plata St, Los Angeles, CA 90026
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