#24420339, Peter V Buonocore, Listing Office: Keller Williams Larchmont
![Lyon Stahl Investment Real Estate, Inc. MLS Logo](https://rocket.com/homes/mls-logos/IDX_580.png)
966 Sanborn Ave Los Angeles, CA 90029
Property details
About 966 Sanborn Ave
The offering is a brand-new, 2024-built townhome-style apartment building located in the highly sought-after neighborhood of Silver Lake, just steps from Sunset Junction. Constructed with a Senate Bill 8 exemption, the property is not subject to the restrictive Los Angeles Rent Control measures, making it an attractive investment opportunity. The property features four meticulously designed units spanning a total of 7,819 square feet, with an ideal unit mix (1) 4-bedroom, 3.5-bathroom, (1) 3-bedroom, 2.5-bathroom, (1) 3-bedroom, 2-bathroom & (1) 2-bedroom, 2-bathroom unit. Each unit is thoughtfully crafted with private rooftop decks, offering stunning views of Silver Lake. The interiors are finished with hardwood floors, recessed lighting, stainless steel appliances, and in-unit washers and dryers, providing tenants with modern conveniences and luxurious living spaces. Offered at $3,950,000, this turnkey investment opportunity delivers an immediate 5.53% CAP rate in one of Los Angeles' most desirable locations. The property has been built with exceptional attention to detail by one of Los Angeles' premier townhome developers, featuring custom home-level finishes that exude elegance and sophistication. Located just off Sunset Junction, the property boasts a Walk Score of 91, ensuring tenants have convenient access to some of the best dining, shopping, and entertainment options in Silver Lake. Nearby anchors include Erewhon, Silver Lake Farmer's Market, Bacari, Pine & Crane, and Intelligentsia Coffee, among many others. This is a rare opportunity to acquire a high-performing, new-construction asset in a premier Los Angeles location.
Highlights
(Pending)
Summary
- MLS Number: 25479121
- MLS Name: CRMLS
- Office Name: Lyon Stahl Investment Real Estate, Inc.
- Office Phone: (310) 425-9838
- Listing Agent: Michael Monempour
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
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Last updated on: 2/7/2025, 11:55:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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![view of property](/homes/listing-images/50428124_S0405/S0405/S0405-R0100/1102568888/2003732540941.jpg?version=1737369113&width=640)
$3,950,000
966 Sanborn Ave
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Price information
Property sales
Date | Event | Price |
---|---|---|
Sep 13, 2022 | Home Sold | $1,118,000 |
May 20, 1988 | Home Sold | $155,000 |
Jan 22, 1988 | Home Sold | $112,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $1,140,360 | $13,982 |
2023 | $1,118,000 | $13,710 |
2022 | $279,540 | $3,472 |
2021 | $274,060 | $3,425 |
2020 | $271,251 | $3,325 |
2019 | $265,933 | $3,241 |
2018 | $260,720 | $3,168 |
2017 | $255,609 | $3,168 |
History based on county public records data.
Nearby schools
7
Micheltorena Elementary
Public District KG-5
0.4 mi
•1511 Micheltorena St
4
Lockwood Avenue Elementary
Public District KG-6
0.4 mi
•4345 Lockwood Ave
7
Dayton Heights Elementary School
Public District KG-5
0.6 mi
•607 N Westmoreland Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $42,383. The majority of Los Angeles, CA residents have income less than $<35k annually. Typical family type is single, no kids. Most residents in this area have post secondary degree education.
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Frequently asked questions
About 966 Sanborn Ave
This home is located at 966 Sanborn Ave in Los Angeles, CA and zip code 90029 in the Central LA neighborhood. This 7,821 square foot home, which was built in 2024, sits on a 0.12 acre lot. Features: 12 bedrooms, 10 bathrooms. It has been listed on Rocket Homes since January 9, 2025 and is currently priced at $3,950,000.
While more than 294 listings in Los Angeles, CA in January 2025 were sold above asking price, there were more than 161 listings sold at asking price, and more than 545 were sold below. Between December and January 2025, Los Angeles, CA real estate market has seen increase in the number of listings by 20.1%. The median list price of listings available in January 2025 was $1,035,435, while the average time on the real estate market was 45 days.