Price Reduced Listing415 N La Fayette Park,Los Angeles, CA 90026
Los Angeles, CA 90026
Description
NEW CONSTRUCTION | FOUR-UNIT LUXURY INVESTMENT PRIME 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.
Details
| MLS # | PW26046521 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | New Construction |
| Status | Active |
| Year | 2026 |
| Days On Site | 209 |
| Listing Provided By | Citivest Realty Services, Inc | Martin Fish |
Features
| SQ Feet | 5,682 |
|---|---|
| Story(s) | 3 |
| Units | 4 |
| Building(s) | 2 |
| Acreage | 0.11 |
| Property View | Yes |
Interior
| Cooling | Central Air, Energy Star Qualified Equipment |
|---|---|
| Heating | Central, Energy Star Qualified Equipment |
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
| Interior Features | Balcony, Quartz Counters, Recessed Lighting |
| Window Features | Energy Star Qualified Windows |
| Appliances | Dishwasher, Energy Star Qualified Appliances, Gas Cooktop, Microwave, Refrigerator, Dryer, Washer |
| Fireplace Yes / No | No |
Exterior
| Exterior Features | Lighting, Rain Gutters |
|---|---|
| Security Features | Fire Detection System, Key Card Entry, Smoke Detectors |
| Foundation Details | Slab |
| Lot Features | Corner Lot, Landscaped |
| Fencing | Wrought Iron |
Parking
| Parking Features | Tandem, Uncovered |
|---|---|
| Garage Yes / No | No |
Utilities
| Utilities | Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected |
|---|---|
| Electric | Electricity On Property, Standard |
| Sewer | Public Sewer |
Location
| Community Features | Gutters, Street Lights, Sidewalks, Urban |
|---|
Area Information
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90026 |
| Area | C21 Silver Lake Echo Park |
| Listing VS Median (in 90026) | |
Price: $2,350,000 low | high Med: $1,050,000 sqft: 5,682 low | high Med: 1,728 $ / sqft: $414 low | high Med: $608 On site: 209 low | high Med: 19 | |
Market Activity 90026
Request a showing
Request a showing
Contact
Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90026 |
| Area | C21 Silver Lake Echo Park |
| Listing VS Median (in 90026) | |
Price: $2,350,000 low | high Med: $1,050,000 sqft: 5,682 low | high Med: 1,728 $ / sqft: $414 low | high Med: $608 On site: 209 low | high Med: 19 | |
