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415 N La Fayette Park

Los Angeles (City), CA 90026
  • $2,350,000
  • STATUS: Active Under Contract
  • ON SITE: 225 Days
  • ID#: PW26046521
Under Contract
UPDATED: 65 min ago
$2,350,000
  • 0
    BEDS
  • 0.11
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
2026
County:

School Ratings & Info

Listing Agent(s): Martin Fish of Citivest Realty Services, Inc (714-553-2001)


Description

NEW CONSTRUCTION | FOUR-UNIT LUXURY INVESTMENTPRIME Hi-Fi LOCATION | ACTUAL 6.16% CAP | NO RENT CONTROL | 100% LEASED AT MARKET RENTS!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 is 100% 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 6.16% 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.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2026-10-15T20:37:28.23. 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 deemed reliable but is not guaranteed accurate by the MLS or eXp Realty of California Inc.. Licensed in the State of California, USA.
www.hometownnorthcounty.com/homes/173651602
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415 N La Fayette Park Los Angeles (City), CA 90026

  • Price: $2,350,000
  • Status: Active Under Contract
  • On Site: 225 Days
  • Updated: 65 min ago
  • ID#: PW26046521
0
Beds
0
Baths
0
½ Baths
0.11
Acres
2026
Built
Neighborhood:
C21 - Silver Lake - Echo Park
County:
Los Angeles
Area:
C21 - Silver Lake - Echo Park
Property Description
NEW CONSTRUCTION | FOUR-UNIT LUXURY INVESTMENTPRIME Hi-Fi LOCATION | ACTUAL 6.16% CAP | NO RENT CONTROL | 100% LEASED AT MARKET RENTS!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 is 100% 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 6.16% 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.
Exterior Features

Architectural Style Mid-Century Modern Entry Level 1 Entry Location Street level Exterior Features LightingRain Gutters Fencing Wrought Iron Foundation Details Slab Lot Features Corner LotLandscaped Number Of Separate Electric Meters 5 Open Parking Spaces 5 Parking Features TandemUncovered Parking Total 5 Pool Features None Pool Private YN No Property Attached YN Yes Road Frontage Type City Street Spa Features None Spa YN No View City LightsHillsNeighborhood View YN Yes

Interior Features

Appliances DishwasherENERGY STAR Qualified AppliancesGas CooktopMicrowaveRefrigeratorDryerWasher Common Walls 1 Common Wall Cooling Central AirENERGY STAR Qualified Equipment Cooling YN Yes Fireplace Features None Fireplace YN No Flooring Laminate Heating CentralENERGY STAR Qualified Equipment Heating YN Yes Interior Features BalconyQuartz CountersRecessed Lighting Window Features ENERGY STAR Qualified Windows

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Cap Rate 6.16 Common Interest None Community Features Gutter(s)Street LightsSidewalksUrban Electric Electricity - On PropertyStandard Electric Expense 1608 Garage YN No Green Energy Efficient ConstructionLightingWindowsAppliances Green Energy Generation Solar Green Sustainability Biodegradable MaterialsConserving MethodsRecycled Materials Gross Income 0 Gross Scheduled Income 198960 Insurance Expense 7784 Land Lease YN No Laundry Features InsideStacked Levels Three Or More Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Submit Net Operating Income 144850 New Construction YN Yes New Taxes Expense 27961 Number Of Separate Gas Meters 4 Number Of Separate Water Meters 4 Number Of Units Leased 4 Operating Expense 48711 Possession Close Of Escrow Property Condition Turnkey Property Sub Type Quadruplex Rent Control YN No Security Features Fire Detection SystemKey Card EntrySmoke Detector(s) Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays ElectricityGasTrash CollectionWater Total Actual Rent 16580 Trash Expense 0 Utilities Electricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected Vacancy Allowance Rate 3 Water Sewer Expense 0 Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2026-10-15T20:37:28.23. 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 deemed reliable but is not guaranteed accurate by the MLS or eXp Realty of California Inc.. Licensed in the State of California, USA.
 
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eXp Realty of California Inc.
2603 Camino Ramon Suite 200
San Ramon CA, 94583
Listing Agent(s): Martin Fish of Citivest Realty Services, Inc (714-553-2001)