NOT LISTED FOR SALE

2450 Riverside Dr Los Angeles, CA 90039

Silver Lake Neighborhood

Estimated Value: $1,391,000 - $1,875,745

2 Beds
2 Baths
2,259 Sq Ft
$691/Sq Ft Est. Value

Last Sold January 11, 2021

Last sale price $1,265,000 $560 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $9,514/month

22 Days on Market

Highlights

  • Greenhouse
  • Solar Power System
  • Loft
  • John Marshall Senior High Rated A
  • Wood Flooring
  • Air Conditioning

About This Home

As of January 2021

Modern Loft style Duplex (Non Rent Control) designed by Silver Lake Architect Leonoardo Chalupowicz. Each unit is bright and airy, featuring 20-foot-high ceilings, cement floors, central air, an open kitchen and floorplan leading to an upstairs bedroom and bath with direct access to a private, backyard patio. The expansive lot showcases drought-tolerant landscaping, fruit trees (lemon, oranges, plum and more), and raised garden beds, home to variety of herbs and spices. Near the top of the property is a custom greenhouse and bonus yoga/meditation studio, which borders the Corralitas Red Car Trail, offering countless opportunities to enjoy tranquil walks and open space, all while being in the heart of the city. The building offers Solar PV and a secure, automated garage with parking for up to 5 cars. One unit is owner occupied and this space will be delivered vacant at the close of Escrow. Well situated between Frogtown, Silver Lake, and walking distance to all the area has to offer.

Last Agent to Sell the Property

John Huang

Jaune Group License #01923540 Listed on: 11/12/2020

Last Buyer's Agent

John Kostrey

Nourmand & Associates-HW License #01729039

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2006

Lot Details

  • 7,526 Sq Ft Lot
  • Gated Home

Home Design

  • Duplex

Interior Spaces

  • 2,259 Sq Ft Home
  • 2-Story Property
  • Loft

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Concrete

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 5 Parking Spaces
  • Automatic Gate
  • Parking Garage Space
  • Controlled Entrance

Utilities

  • Air Conditioning
  • Central Heating

Additional Features

  • Solar Power System
  • Greenhouse

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 5438-005-017

Property Details

Home Type

Multi-Family

Year Built

Built in 2006

Lot Details

7,526 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 2259
  • Lot Acreage: 0.1728
  • Stories: 2
  • Year Built: 2006
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Mixed, Cement, Wood
  • Bedrooms: 2
  • Total Bathrooms: 2.00
  • Equipment: Dishwasher, Dryer, Microwave, Range/Oven, Washer, Solar Panels, Refrigerator
  • Price Per S Q F T: 559.98

Exterior Features

  • Other Structures: Other, Greenhouse
  • Pool: No

Garage/Parking

  • Parking Garage: Community Garage, Controlled Entrance, Auto Driveway Gate
  • Total Parking: 5

Utilities

  • Cooling: Air Conditioning
  • Heating: Central
  • Security: Gated, Automatic Gate

Lot Info

  • Assessed Improvement Percent: 69.65
  • Assessed Improvement Value: 281138
  • Assessed Land Percent: 30.35
  • Assessed Land Value: 122502
  • Total Assessed Value: 403640
  • Assessor Parcel Number: 5438-005-017
  • Lot Size Area: 7526

Multi Family

  • Unit Type: 2106, 2107
  • Number Of Units: 2
  • Type Of Units: Duplex

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 7, 2022
Sold by
Dornetto Karey
Bought by
Schneider Eric and Schneider Kelly
Current Estimated Value
$1,560,936

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Outstanding Balance
$544,565
Interest Rate
2.63%
Mortgage Type
New Conventional
Estimated Equity
$1,016,371

Purchase Details

Closed on
Mar 26, 2020
Sold by
Barnes Scott Richard
Bought by
Barnes Scott Richard and Burke John Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Interest Rate
3.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 13, 2003
Sold by
Vuong Khoi Thanh
Bought by
Vuong Mai

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
5.29%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 21, 2003
Sold by
Vuong Mai
Bought by
Barnes Scott Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
5.29%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 3, 1998
Sold by
Chuong Muoi A
Bought by
Luong Sang Tong
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Schneider Eric $1,397,000 None Listed On Document
Barnes Scott Richard -- Solidifi Title & Closing
Vuong Mai -- Stewart Title Of Ca Inc
Barnes Scott Richard $100,000 Stewart Title Of Ca Inc
Luong Sang Tong -- Commonwealth Land Title Co
Gi Sy A -- Commonwealth Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schneider Eric $600,000
Previous Owner Barnes Scott Richard $325,000
Previous Owner Barnes Scott Richard $75,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/11/2021 01/11/21 Sold $1,265,000 0.0% $560 / Sq Ft
12/04/2020 12/04/20 Pending -- -- --
11/12/2020 11/12/20 For Sale $1,265,000 -- $560 / Sq Ft
Source: The MLS

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
2025 $17,670 $1,482,505 $1,167,328 $315,177
2024 $17,670 $1,453,438 $1,144,440 $308,998
2023 $17,408 $1,424,940 $1,122,000 $302,940
2022 $15,349 $1,290,300 $918,000 $372,300
2021 $5,303 $432,780 $131,346 $301,434
2020 $5,354 $428,344 $130,000 $298,344
2019 $5,144 $419,946 $127,451 $292,495
2018 $5,082 $411,712 $124,952 $286,760
2016 $4,894 $395,726 $120,100 $275,626
2015 $4,824 $389,782 $118,296 $271,486
2014 $4,846 $382,147 $115,979 $266,168
Source: Public Records

Agents Affiliated with this Home

  • John Huang

    Seller's Agent in 2021

    John Huang

    Jaune Group

    (323) 230-3484

    12 Total Sales

    John Huang
    Section Image
  • John Kostrey

    Buyer's Agent in 2021

    John Kostrey

    Nourmand & Associates-HW

    (323) 462-6262

    5 in this area

    174 Total Sales

    John Kostrey
    Section Image
  • Jennifer Eckert

    Buyer Co-Listing Agent in 2021

    Jennifer Eckert

    Nourmand & Associates-HW

    (323) 543-3697

    4 in this area

    142 Total Sales

    Jennifer Eckert
    Section Image
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Map

Source: The MLS

MLS Number: 20-657160

The MLS

APN: 5438-005-017

California Los Angeles County Los Angeles 90039 Silver Lake

2450 Riverside Dr, Los Angeles, CA

Not Listed for Sale

MultiFamily

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