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$1,295,000
Est. payment /mo
5 Beds
4 Baths
2,329 SqFt
Open House
Sun Aug 09, 2:00pm - 4:00pm
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 2,329 sqft
Price per Sqft $556
MLS Listing ID 26869829
Bedrooms 5
HOA Y/N No
Year Built 1930
Lot Size 6,917 Sqft
Property Description
A rare opportunity to own a charming storybook duplex in one of Silver Lake's most desirable neighborhoods at an exceptional value. Priced at approximately $556 per square foot, this is one of the lowest-priced duplex opportunities in the area, offering an outstanding combination of character, income potential, and long-term upside. Located on a picturesque tree-lined street near Sunset Junction, Echo Park, and some of the neighborhood's best restaurants, cafes, and boutiques, this versatile property is ideal for both owner-users and investors. The front residence, delivered vacant, is an approximately 1,650-square-foot home featuring 3 bedrooms and 3 bathrooms. Filled with natural light, it offers soaring vaulted ceilings, a cozy fireplace, a beautifully updated kitchen, and a warm, inviting floor plan that lives like a single-family home. The rear residence is an approximately 680-square-foot, 2-bedroom, 1-bath unit that is tenant occupied, providing immediate rental income while preserving future flexibility. Set on a generous, gently sloping lot with abundant outdoor space, the property also offers exciting potential for expansion, ADUs, or other value-add opportunities (buyer to verify). Private outdoor areas for both residences further enhance the appeal and livability of the property. Whether you're looking to live in one unit while offsetting your mortgage with rental income, add a character duplex to your investment portfolio, or capitalize on the property's future development potential, 720 N. La Fayette Park Place delivers exceptional value in one of Los Angeles' most sought-after neighborhoods.
Location
State CA
County Los Angeles
Area C21 - Silver Lake - Echo Park
Zoning LAR2
Rooms
Other Rooms Shed(s)
Interior
Heating Central, Wall Furnace
Cooling Central Air
Flooring Tile, Wood
Fireplace No
Appliance Dishwasher, Microwave, Refrigerator, Dryer, Washer
Exterior
Parking Features Driveway
Total Parking Spaces 4
Building
Story 2
Entry Level Two
Level or Stories Two
Additional Building Shed(s)
New Construction No
Others
Senior Community No
Tax ID 5402004011
Special Listing Condition Standard
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Listed by John Anthony Christopher Compass #01416388
Nearby School & Business
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