NOT LISTED FOR SALE
5 Beds
5 Baths
4,518 Sq Ft
7,500 Sq Ft Lot

Last Sold April 05, 2022

Last sale price $2,050,000 $454 Per Sq Ft

12 Days on Market

Highlights

  • In Ground Pool
  • City Lights View
  • Wood Flooring
  • John Marshall Senior High Rated A
  • Craftsman Architecture
  • High Ceiling

About This Home

As of April 2022

Your unicorn investment property is here! First time on the market in over 30 years, this historic compound offers 5 units in two original Craftsman buildings. The journey begins with a picture-perfect detached 1 bedroom/1 bath house offering a light-filled living room, archways, bamboo floors, eat-in kitchen and peek-a-boo downtown views. A private patio off the bedroom is complemented by a front sitting porch overlooking the garden, making this the perfect spot for an owner/user. The second building is a grand 4-plex, loaded with architectural detail and period design. Each of the one-bedroom/one bath units opens to a large living room with expansive windows, crown molding, high ceilings, and decorative Batchelder fireplaces. Original wood floors expand into oversized dining rooms with built-in hutches and center walk-in closets that are large enough to double as home-offices. Kitchens feature ample storage and lead to hallways with bathrooms and separate laundry hook-ups. All of the units open to a center garden with mature bougainvillea, cascading wisteria, rose bushes, and ample space for al fresco dining and entertaining. If the building itself isn't enough to make your imagination run wild, with the possibility of living for free with tenants paying your mortgage, then the location will seal the deal. Located in the heart of Silver Lake on the iconic Mohawk Street, just steps from the eclectic boutiques, eateries and artisan coffee shops of Sunset Blvd, this property will deliver the easy neighborhood living you've been craving. A total of three units are vacant (the detached house and the two lower units of the 4-plex), providing enormous upside rental potential. Square footage of living space is 4,518 s/f on a 7,500 s/f lot with up to 5 parking spots. The two upper units of the 4-plex will be delivered with existing tenants. .Next open is Tuesday March 22nd from 11a-2p. Please do not go direct or walk property. Offers will be reviewed starting Thursday March 24th after 2:00pm. Please see offer guidelines under Docs. Please do not go direct.

Last Agent to Sell the Property

Elizabeth Daly

Sotheby's International Realty License #02012985 Listed on: 03/17/2022

Sotheby's International Realty

Last Buyer's Agent

Nadia Conrow

Sotheby's International Realty License #02092637

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1913

Lot Details

  • 7,500 Sq Ft Lot
  • West Facing Home
  • Fenced Yard
  • Historic Home

Parking

  • 4 Open Parking Spaces
  • 1 Car Garage
  • Tandem Parking
  • Shared Driveway
  • Assigned Parking

Property Views

  • City Lights
  • Peek-A-Boo

Home Design

  • Craftsman Architecture

Interior Spaces

  • 4,518 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Crown Molding
  • High Ceiling
  • Gas Oven

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Bathrooms

Laundry

  • Laundry in unit
  • Gas Dryer Hookup

Pool

  • In Ground Pool
  • Fence Around Pool

Utilities

  • Heating System Mounted To A Wall or Window
  • Gas Water Heater
  • Sewer in Street

Community Details

  • 2 Buildings
  • 5 Units

Listing and Financial Details

  • Tenant pays for gas, water, trash collection, electricity, cable TV, insurance
  • The owner pays for gardener
  • Assessor Parcel Number 5402-034-005

Property Details

Home Type

Multi-Family

Year Built

Built in 1913

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Style: Craftsman
  • Street Number Display: Yes
  • Entry Location: Living Room
  • Living Area: 4518
  • Lot Acreage: 0.1722
  • Probate: No
  • Stories: 2
  • Year Built: 1913
  • Number Of Photos: 47
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Built-Ins, Crown Moldings, High Ceilings (9 Feet+)
  • Flooring: Wood, Tile
  • Appliances: Oven-Gas
  • Bedrooms: 5
  • Common Walls: Attached
  • Laundry: In Unit
  • Total Bathrooms: 5.00
  • Equipment: Gas Dryer Hookup, Range/Oven, Refrigerator, Built-Ins
  • Price Per S Q F T: 375.17

Exterior Features

  • Direction Faces: West
  • Other Features: Historical
  • Other Structures: Other
  • Pool Description: Fenced
  • Pool: Yes
  • Spa Yn: No
  • View: City Lights, Peek-A-Boo
  • View: Yes

Garage/Parking

  • Garage Spaces: 1
  • Other Spaces: 4
  • Covered Parking: 1
  • Garage Structures: 1
  • Parking Garage: Assigned, Driveway, Garage - 1 Car, Shared Driveway, Tandem, Uncovered
  • Total Parking: 5

Utilities

  • Water District: LADWP
  • Water Heater: Gas
  • Heating: Wall
  • Sewer: In Street
  • Water: Public
  • Water Heaters: Yes

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additions Alterations: Yes
  • Assessed Improvement Percent: 49.33
  • Assessed Improvement Value: 141620
  • Assessed Land Percent: 50.67
  • Assessed Land Value: 145453
  • Total Assessed Value: 287073
  • Assessor Parcel Number: 5402-034-005
  • Lot Description: Fenced Yard
  • Lot Size Area: 7500

Rental Info

  • Owner Pays: Gardener
  • Tenant Pays: Gas, Water, Trash Collection, Electricity, Cable TV, Insurance

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110
  • Gross Rent Multiplier: 13.00
  • Number Of Units: 5
  • Total Annual Expense: 37200
  • Type Of Units: 5 (1/1)
  • Vacancy Rate: 3 units

MLS Schools

  • School District: Los Angeles Unified

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/05/2022 04/05/22 Sold $2,050,000 +20.9% $454 / Sq Ft
03/29/2022 03/29/22 Pending -- -- --
03/17/2022 03/17/22 For Sale $1,695,000 -- $375 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 22-136541

The MLS