966 Sanborn Ave Los Angeles, CA 90029

$3,950,000
12 beds
10 baths
7,821 sqft
0.1 acres
$505 / sqft
House

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

Home typeOther
HeatingCentral
StatusSale Pending
(Pending)
CoolingCentral Air
Size7,821 sqft
Lot size0.1233 Acres
Year built2024
MLS #25479121
Attached garageYes

Summary

  • MLS Number: 25479121
  • MLS Name: CRMLS
  • Office Name: Lyon Stahl Investment Real Estate, Inc.
  • Office Phone: (310) 425-9838
  • Listing Agent: Michael Monempour

IDX 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.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
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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966 Sanborn Ave

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Price information

Property sales

DateEventPrice
Sep 13, 2022
Home Sold
$1,118,000
May 20, 1988
Home Sold
$155,000
Jan 22, 1988
Home Sold
$112,000

Tax history

YearAssessmentProperty 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.

All data from GreatSchools

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.

How much money do the neighbors make?

41%
<35k
40%
35k-100k
15%
100k-200k
4%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

75%
Single, No Kids
5%
Single, with Kids
11%
Married, No Kids
9%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

7%
<11 yrs old
4%
12-17 yrs old
38%
18-34 yrs old
40%
35-64 yrs old
11%
65+ yrs old

What do the neighbors do for fun?

  • Music ConcertsMusic Concerts
  • Art MuseumsArt Museums
  • Major League Soccer (MLS)Major League Soccer (MLS)

Where do the neighbors shop?

  • H&MH&M
  • BloomingdalesBloomingdales
  • Banana RepublicBanana Republic

Where do the neighbors go to eat?

  • ChipotleChipotle
  • StarbucksStarbucks
  • Jack In The BoxJack In The Box

What do the neighbors drive?

  • VolkswagenVolkswagen
  • AudiAudi
  • ToyotaToyota

What do the neighbors listen to?

  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • NewsNews
  • JazzJazz
All data provided by Home Junction and Claritas

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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.

From Rocket Homes Real Estate and based on county public records data.

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