415 N La Fayette Park, Los Angeles, CA 90026

$2,799,000

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List Price
$2,799,000
Status
ACTIVE
MLS#
PW26046521
Year Built
2026
Lot Size
4,785
Acres
0.11
Lot Location
Corner Lot, Landscaped
Days on Market
148
Property Type
Multifamily
Style
Mid-Century Modern
Property Sub Type
Quadruplex
Stories
Three Or More Levels

Property Description

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.

Additional Information

Appliances
Dishwasher, ENERGY STAR Qualified Appliances, Gas Cooktop, Microwave, Refrigerator, Dryer, Washer
Pool Description
None
Heat
Central, ENERGY STAR Qualified Equipment
Cooling
Yes
Cooling Description
Central Air, ENERGY STAR Qualified Equipment
View
City Lights, Hills, Neighborhood
Sewer
Public Sewer
Water
Public
Interior Features
Balcony, Quartz Counters, Recessed Lighting
Attached Structure
Attached
Number Of Units Total
4
Gross Scheduled Income
$217,200
Operating Expense
42015

Listing courtesy of Listing Agent: Martin Fish (Martin@streetlamppartners.com) from Listing Office: Citivest Realty Services, Inc.

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.