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Listing Details

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School Ratings & Info

Description

3315 Larissa Drive, a one-of-a-kind value-add opportunity located on one of the best streets in Silver Lake. The offering is being delivered with SIX (6) VACANT UNITS and provides a unique opportunity for new management to create spectacular high-end apartment rentals and achieve a great return on investment. 3315 Larissa Drive was built in 1925 and is oozing in original character, noticeable at once with is striking Art Deco facade and dramatic large windows. Each of the eight units are large in size and feature multiple original details such as: original hardwood floors, original expansive windows, high curved ceilings and multiple built-ins per unit. Most of the units offer panoramic views of Sunset Blvd and the Hollywood Hills. The entire building consists of 7,014 square feet on a 6,168 square feet lot, Zoned LAR3. 3315 Larissa Drive is located just two blocks away from the iconic Sunset Blvd and is walking distance to many popular coffee ships and dining and shopping destinations.

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-09-18T23:42:41.19. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.brandiprattrealestate.com/homes/120855765
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3315 Larissa Dr Los Angeles, CA 90026

  • Price: $3,145,000
  • Status: Active
  • Updated: 62 min ago
  • ID#: 21-777250
10
Beds
0
Baths
0
½ Baths
0.14
Acres
7,014
SQFT
$448
$/SQFT
1925
Built
Neighborhood:
Silver Lake - Echo Park
County:
Los Angeles
Area:
Silver Lake - Echo Park
Property Description
3315 Larissa Drive, a one-of-a-kind value-add opportunity located on one of the best streets in Silver Lake. The offering is being delivered with SIX (6) VACANT UNITS and provides a unique opportunity for new management to create spectacular high-end apartment rentals and achieve a great return on investment. 3315 Larissa Drive was built in 1925 and is oozing in original character, noticeable at once with is striking Art Deco facade and dramatic large windows. Each of the eight units are large in size and feature multiple original details such as: original hardwood floors, original expansive windows, high curved ceilings and multiple built-ins per unit. Most of the units offer panoramic views of Sunset Blvd and the Hollywood Hills. The entire building consists of 7,014 square feet on a 6,168 square feet lot, Zoned LAR3. 3315 Larissa Drive is located just two blocks away from the iconic Sunset Blvd and is walking distance to many popular coffee ships and dining and shopping destinations.
Exterior Features

Lot Size Area 6168 Other Structures None Parking Garage On Street Total Parking 0

Interior Features

Baths Total 8.00 Cooling Wall/Window Equipment Other Heating Wall Laundry Laundry Area Laundry Equipment Own

Property Features

Assessed Total Value 715115 Gross Income 227820 Gross Operating Income 223264 Like Units1 1 Like Units2 5 Like Units3 2 Net Operating Income 162123.00 Number Of Buildings 1 Number Of Units 8 Sale Type Standard Source Living Area Vendor Enhanced Source Lot Size Area Vendor Enhanced Total Annual Expense 61141 Type Of Units Apartments Year Built Source Vendor Enhanced Zoning Lar3

Listing provided courtesy of Nick Astrupgaard DRE#01893466 of Kw Commercial Studio City.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-09-18T23:42:41.19. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
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eXp Realty of California, Inc.
2603 Camino Ramon, Suite 200
San Ramon CA, 94583