Trimark Realty
3209 Descanso Drive primary photo
Active·Multi-Family (17 Units)

$3,600,000

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3209 Descanso Drive, Los Angeles CA 90026

9 beds18 baths10,559 sqft

Multi-Family (17 Units)

Property type

71 days

On market

$341

Price per sqft

N/A

Garage

1928

Year built

5,499 sqft

Lot size

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Overview

We are pleased to present 3209 Descanso Drive, a 17-unit apartment community located in the Silver Lake neighborhood of Los Angeles, located on the corner of Descanso Dr and Larissa Dr, just off of Sunset Blvd. Ownership has completed recent common area capital improvements such as new entrance stairs, exterior paint, new fence, new access control video intercom system and...

Listing provided by: Neema Ahadian DRE #01346750 310-909-5444, Marcus & Millichap

Listing updated: Apr 3, 2026 at 07:18am.

Last checked: Jun 5, 2026 at 07:01pm

Source: CRMLS #26670235

Multi-family Analysis

Unit Information

UnitsBedsBathsGarageActual RentTotal RentPro FormaFurnished?
901$1,666$179,880$210,600Unfurnished
711$1,694$142,284$189,000Unfurnished
122$3,200$38,400$38,400Unfurnished
  • # of Buildings: 1

  • # of Units Total: 17

Financial Snapshot

Gross Rent Multiplier

9.7x

List Price / Annual Gross Rent

Cap Rate

6.49%

NOI / List Price

  • Net Operating Income: $233,729

Interior

  • Cooling: None

  • Heating: None

Exterior

  • Stories Total: 0

  • Levels: Multi Split

Garage and Parking

  • Parking: None

  • Parking Total: 0

Lot Information

  • Land Lease: No

  • Parcel #: 5426007001

  • Zoning: LAR3

Community

  • HOA: No

  • Senior Community: No

Nearby Schools

Nearby schools around the 3209 Descanso Drive, Los Angeles, CA 90026. Contact the school or district directly to verify enrollment eligibility.

Payment Calculator

Total Principal

$2,880,000

Total Interest

$3,673,281

Total Payment

$6,553,281

Payoff Date

Jun 2056

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PMI is disabled automatically when your down payment is 20% or more.

Est. Payment

$22,104

per month

Principal
$2,604
Interest
$15,600
Property Tax
$3,750
Home Insurance
$150
PMI
$0
HOA
$0

Property History for 3209 Descanso Drive

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Los Angeles Market Snapshot

Market stats compare this property with recent MLS activity for similar property types in 90026.

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