$2,875,000
$325K PRICE DROP

Estimated payment $16,752/month

Total Views 18,931
3 Beds
2 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Contemporary Architecture
  • 3 Car Attached Garage
  • 1-Story Property
  • John Marshall Senior High Rated A
  • West Facing Home

About This Home

REMARKABLE ''TOP OF THE HILL'' DREAM-HOME DEVELOPMENT POTENTIAL!! HARD TO FIND -- Step UP to a better life style! Peaceful & Serene - at the TOP! HUGE DEVELOPMENT OPPORTUNITY FOR YOUR DREAM HOME! GREAT LOCATION - 2 HOMES AT THE TOP OF THE HILL! Tranquil, Peaceful and Secluded from the hustle & bustle of the City! YOU WILL ABSOLUTE LOVE THESE TWO GORGEOUS HOMES LOCATED IN PRIME SILVER LAKE each celebrating their own Private surroundings! PRIME OWNER-USER - TWO HOMES Located in a truly charming family area where the neighbors are your friends! Easy entry for both Homes, graciously set back from the street on a Grand Scale - Oversized Lot (over 7,500 square feet!). Serene Views adorn these Homes and each home has it's own separate utilities, Including Tenant Paid Separate Water Meters! Lots of woods and earthly compliments throughout, you may even forget that you are in the City! FRONT 2 Bed Home + REAR 1 Bed Home! Great Owner/User with Income! Truly an escape from the hustle & bustle way down the HILL!

Listing Agent

Bruce Jay

Bruce Jay Associates License #00559166 Listed on: 06/16/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,492

Year Built

  • Built in 1910

Lot Details

  • 7,505 Sq Ft Lot
  • West Facing Home

Home Design

  • Contemporary Architecture

Interior Spaces

  • 1-Story Property
  • Oven or Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Parking

  • 3 Car Attached Garage
  • Carport

Utilities

  • Heating System Mounted To A Wall or Window

Community Details

  • 2 Buildings
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 5420-018-026

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,492

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: Contemporary
  • Levels: One
  • Street Number Display: Yes
  • Lot Acreage: 0.1723
  • Stories: 1
  • Year Built: 1910
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 3
  • Total Bathrooms: 2.00
  • Equipment: Range/Oven

Exterior Features

  • Direction Faces: West
  • Other Structures: Accessory Bldgs

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Carport, Garage Is Detached
  • Total Parking: 3

Utilities

  • Heating: Wall

Lot Info

  • Assessed Improvement Percent: 21.05
  • Assessed Improvement Value: 166464
  • Assessed Land Percent: 78.95
  • Assessed Land Value: 624240
  • Total Assessed Value: 790704
  • Assessor Parcel Number: 5420-018-026
  • Lot Size Area: 7505

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 45.00
  • Number Of Units: 2
  • Total Annual Expense: 40000
  • Type Of Units: Two Homes
  • Vacancy Rate: 0%

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $10,492 $847,791 $669,310 $178,481
2023 $10,290 $831,169 $656,187 $174,982
2022 $9,812 $814,872 $643,321 $171,551
2021 $9,691 $798,895 $630,707 $168,188
2020 $9,788 $791,104 $624,240 $166,864
2019 $9,402 $775,600 $612,000 $163,600
2018 $910 $59,166 $29,704 $29,462
2016 $852 $56,486 $28,551 $27,935
2015 $842 $55,639 $28,123 $27,516
2014 $860 $54,550 $27,573 $26,977
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/05/2024 09/05/24 Price Changed $2,875,000 -10.2% --
06/16/2021 06/16/21 For Sale $3,200,000 +321.1% --
04/13/2018 04/13/18 Sold $760,000 -22.0% $455 / Sq Ft
10/14/2017 10/14/17 Pending -- -- --
09/14/2017 09/14/17 Price Changed $974,950 -2.0% $583 / Sq Ft
06/23/2017 06/23/17 Price Changed $995,000 -4.8% $595 / Sq Ft
06/07/2017 06/07/17 Price Changed $1,045,000 -0.5% $625 / Sq Ft
12/28/2016 12/28/16 For Sale $1,050,000 -- $628 / Sq Ft
Source: The MLS

Purchase History

Date Type Sale Price Title Company
Grant Deed $760,000 First American Title Company
Source: Public Records

Similar Homes in Los Angeles, CA

  • 1860 Winona Blvd, Los Angeles, CA 90027

    $2,999,950

    • 8 Beds
    • 4 Baths
    • 4,493 Sq Ft
    • 1860 Winona Blvd
    • Los Angeles, CA

    Beautifully updated 4 unit building in Prime Los Feliz Neighborhood. Seller has spent Hundreds Of Thousands Of $$'s on the interior and exterior upgrades. Full description coming soon.

    Gary Keshishyan Pinnacle Estate Properties

    Section Image
  • 5666 5672 Franklin Ave, Los Angeles, CA 90028

    $2,750,000

    • 8 Beds
    • 4 Baths
    • 5,016 Sq Ft
    • 5666 5672 Franklin Ave
    • Los Angeles, CA

    We are thrilled to present you this Franklin Village Stunner!!! Located in one of the most Prestige/Famous neighborhood of Hollywood with unparalleled access to nightlife, world class dining, education, employment opportunities and exciting entertainment options. Seller has spent thousands and thousands of $$'s on the upgrades. Features include updated roof last 2 years, updated main

    Gary Keshishyan Pinnacle Estate Properties

    Section Image
  • 7401 Fountain Ave, Los Angeles, CA 90046

    $2,275,000

    • 8 Beds
    • 5 Baths
    • 6,040 Sq Ft
    • 7401 Fountain Ave
    • Los Angeles, CA

    Welcome to 7401 Fountain Avenue, a charming multi-unit property strategically positioned at the crossroads of West Hollywood and Los Angeles. This unique real estate offering comprises a four-unit apartment building (with one unit as Section 8) alongside a single-family home, which is currently configured as a one-bedroom, one-bathroom residence (previously two bedrooms). Marking its first

    Sebastian Wolski Compass

    Section Image
  • 751 -753 3/4 N Hayworth Ave, Los Angeles, CA 90046

    $2,400,000

    • 8 Beds
    • 5 Baths
    • 4,101 Sq Ft
    • 751 -753 3/4 N Hayworth Ave
    • Los Angeles, CA

    Available 5 Plex for Sale in West Hollywood Vicinity. Beautiful Traditional design with 5 Apartment Units: 753 - 2 Bedroom / 1 Bathroom (approximate 1324 sq ft); 753 1/2 - 2 Bed / 1 Bath (approx 776 sq ft); 753 - 2 Bedrooms / 1 Bathroom ( 781 sq ft); 751 - 1 Bed / 1 Baths (approx 610 sq ft); 751 1/2 - 1 Bed / 1 Baths (approx 610 sq ft).. 751 Hayworth Ave. is a prime location. The next building

    Ricky Mitchell The Passman Group, Inc.

    Section Image
  • 1915 Apex Ave, Los Angeles, CA 90039

    $2,495,000

    • 6 Beds
    • 7 Baths
    • 2,923 Sq Ft
    • 1915 Apex Ave
    • Los Angeles, CA

    Newly remodeled unit 1915 1/2 to be delivered VACANT at COE. Perfect for Owner-User, Investor or 1031 Exchange! This is an incredible opportunity to own a Spanish-style Triplex in one of Silverlake's most coveted streets offering breathtaking views from two units. The front unit is a split-level 2BR/2BA apartment featuring a wood-burning fireplace, a large open cook's kitchen, refinished wood

    David Cilento Nelson Shelton & Associates

    Section Image
  • 1807 Montana St, Los Angeles, CA 90026

    $2,650,000

    • 8 Beds
    • 8 Baths
    • 3,768 Sq Ft
    • 1807 Montana St
    • Los Angeles, CA

    1807 Montana Ave is a fully restored and design-centric fourplex located in the heart of Echo Park, one of Los Angeles’ most creative and investment-attractive enclaves. With current rents of $4,250, $4,400, $4,450, and $4,750, this trophy asset delivers a strong 6.30% return from day one.Situated just steps from the iconic Echo Park strip, tenants are within walking distance of LA

    Lauren Cearley Myunits.com Inc.

    Section Image
  • 1140 Lemoyne St, Los Angeles, CA 90026

    $3,250,000

    • 8 Beds
    • 4 Baths
    • 3,688 Sq Ft
    • 1140 Lemoyne St
    • Los Angeles, CA

    Stunning Echo Park Craftsman Fourplex Fully Remodeled & Fully Leased. Beautifully restored and updated Craftsman-style fourplex located in the heart of Echo Park. Each of the four spacious units features 2 bedrooms and 1.5 bathrooms, blending classic architectural charm with modern updates. All units have been recently remodeled with stylish finishes, updated kitchens and bathrooms, and enjoy

    Prakash Shroff The Agency

    Section Image
  • 1207 N Commonwealth Ave, Los Angeles, CA 90029

    $2,495,000

    • 6 Beds
    • 6 Baths
    • 3,428 Sq Ft
    • 1207 N Commonwealth Ave
    • Los Angeles, CA

    Amazing newer construction duplex in Silver Lake. These side-by-side townhouse-style units were thoughtfully designed with high ceilings, oversized windows, large sliding doors in the living rooms open to fenced-in private backyards for each unit, natural wood-tone floors throughout, sophisticated finishes, built-in home audio system, and each unit has its own two-car garage. Ideal location only

    Terek Kelly The Agency

    Section Image
  • 151 S Mountain View Ave, Los Angeles, CA 90057

    $2,295,000

    • 10 Beds
    • 10 Baths
    • 6,536 Sq Ft
    • 151 S Mountain View Ave
    • Los Angeles, CA

    10-unit building with 6 fully renovated units (100% occupied) Cash flowing at an amazing 7.2% Cap Rate from day 1 with upside to 10.8% Cap on Proforma. Fully Approved RTI plans to add 2 Attached ADUs to achieve a remarkable 8.8% Current Cap Rate, 12.6% Proforma Cap Rate, and only 214k/door after taking into account all constructions costs (assuming $250/SF). All units are individually metered for

    Armin Soleimani Global Platinum Properties, Inc.

    Section Image

Source: The MLS

MLS Number: 21-746348

The MLS

APN: 5420-018-026