30th Wednesday May 2012

4 Units, 1925 Spanish: 3456 Plata St., Los Angeles, 90026

Today’s best new listing is mine! Located in Silver Lake, this 1925 Spanish 4-unit building has loads of curb appeal and character for $439k.

Bungalow style units are very desirable by renters as they’re side-by-side little houses with private entries and porches. Features include updated kitchens, baths, original built-ins, hardwood floors and appliances. Rear 2BR/1BA has a private yard. Units are individually metered and there’s parking for 3 cars.

Best part: it generates positive income at $3474 (July 2012)–even with a mortgage-insurance saddled FHA loan with 3.5% down. Oh yeah, it’s also minutes from Sunset Junction, Echo Park and currently, the best deal in town. For more information or if you’d like to view, email or call 310-259-4381.

3456 Plata St., Los Angeles, 90026
4Plex: 2/1, 1/1, 1/1, Studio
1520 sq. ft., 3756 sq. ft. lot
1925 Spanish
Bungalow Style Units, Positive Income

Positive income, even with mandatory FHA mortgage insurance with 3.5% down

Unit 1: Original windows and hardwood floors beneath carpet

Unit 4: 2BR/1BA with private yard

Unit 1: Updated kitchens with original built-in cabinets and double hung windows

Unit 4: Rear kitchen. Units have gas ranges and fridges

Bungalow style units with private porches

Vanessa Yan is representing the seller.

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