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3205 Descanso Dr
Los Angeles, CA 90026
Multifamily Property For Sale · 26 Units

INVESTMENT HIGHLIGHTS

  • Highly desirable location in Silver Lake— one of the most sought-after multifamily rental markets and affluent resident-bases in Los Angeles
  • Rated as a “Very Walkable” place to live with a Walk Score of 95/100—offering residents immediate access to Silver Lake’s best dining and shopping
  • Easy access to the I-5 and 101 Freeways, Connecting the property to the greater Los Angeles Area
  • Nestled between Downtown Los Angeles, Burbank and Hollywood—three of LA’s major employment hubs
  • Average submarket asking rent has grown 13.3% over the past year and is forecasted to rise another 23.1% in the next 5 years
  • Just a short 5 minute drive to the famous Echo Park, and a 10 minute drive to Dodger Stadium

PROPERTY FACTS

No. Units 26
Property Type Multifamily
Property Subtype Apartment
Apartment Style Mid-Rise
Building Class C
Lot Size 0.14 AC
Building Size 17,760 SF
No. Stories 5
Year Built 1928
Parking Ratio 1.3/1,000 SF
Zoning LAR3

AMENITIES

UNIT AMENITIES

  • Heating
  • Kitchen
  • Hardwood Floors
  • Oven
  • Range
  • Freezer

SITE AMENITIES

  • Laundry Facilities
  • Gated
  • Bicycle Storage

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
Studios 16 - 500
1+1 8 - 650
2+2 2 - -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
5426-007-002
Land Assessment
$222,941
Improvements Assessment
$619,545
Total Assessment
$842,486
  • Listing ID: 32711950

  • Date on Market: 2024-08-06

  • Last Updated:

  • Address: 3205 Descanso Dr, Los Angeles, CA 90026

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