
Martin Fish
Listed by Martin Fish
$2,799,000
415 N La Fayette Park
Details
APN 5156024001
Property Type Multifamily
Sub Type Apartment Building
Net Rentable (SqFt) 5,682
Units 4
Cap Rate 6.03%
NOI $168,669
Pro-Forma Cap Rate 6.03%
Pro-Forma NOI $168,669
Broker Co-Op Yes
Year Built 2026
Buildings 2
Stories 3
Acreage 0.110
Zoning Builder
Parking Spaces 5 spaces
Investment Type Stabilized
FOUR UNIT NEW CONSTRUCTION | NON RENT CONTROL | 6.03% CAP
Marketing description
NEW CONSTRUCTION | FOUR-UNIT LUXURY INVESTMENT PRIME Hi-Fi LOCATION | 6% PROFORMA CAP | NO RENT CONTROL 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 can be delivered fully 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 projected 6% 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. Positi
Investment highlights
2026 NEW CONSTRUCTION
6% PROFORMA CAP
BUILDER WARRANTY
DELIVERED VACANT OR FULLY LEASED
INDIVIDUALLY METERED UNITS
HIGH DEMAND RENTAL MARKET / SILVERLAKE AND ECHO PARK ADJACENT
EASY MAINTENANCE AND TURN-KEY ASSET
Listing Contacts

Martin Fish
Listed by Martin Fish
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$168,669.00
$14,055.75/mo
Valuation Metrics
0
DSCR
6.03%
Cap Rate
6.03%
ROI
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