NOT LISTED FOR SALE
8 Beds
5 Baths
3,379 Sq Ft
7,353 Sq Ft Lot

Sale Details

Date Sold: March 23, 2022

Last sale price $1,390,000 $411 Per Sq Ft

8 Days on Market

Highlights

  • City Lights View
  • High Ceiling
  • Covered Patio or Porch
  • Wood Flooring
  • Ground Level Unit
  • Living Room Balcony

About This Home

As of March 2022

Two units vacant! Five unit rehab opportunity, just south of Sunset. First time on the market in over 50 years. Four 1 bed units in the front structure and a free standing 2 bed unit at the back of the property with two attached 1-car garages, possible ADU potential. Each unit is a well planned, bright and spacious 1 bedroom with ample closets, large bathrooms and good kitchen spaces. Slight floor plan alterations could make comfortable, modernized units. Excellent Silver Lake Junction location with easy access to shops, restaurants, farmers market and nightlife. Drought resistant landscaping, electric separately metered, four uncovered parking at end of driveway and additional 12x12 bonus space accessed at rear of main structure. Major upside potential! Excellent fixer project / investor special. Do not disturb tenants, showing by appointment only.

Last Agent to Sell the Property

Tracy Fink

The ONE Luxury Properties License #01440003 Listed on: 02/08/2022

The ONE Luxury Properties

Last Buyer's Agent

Tracy Fink

Keller Williams Realty Los Feliz License #01440003

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1921

Lot Details

  • 7,353 Sq Ft Lot
  • East Facing Home
  • Front Yard

Parking

  • 4 Open Parking Spaces
  • 2 Car Garage
  • Driveway

Property Views

  • City Lights
  • Mountain

Home Design

  • Bungalow
  • Fixer Upper
  • Pillar, Post or Pier Foundation
  • Raised Foundation
  • Shingle Roof
  • Composition Roof
  • Wood Siding
  • Partial Copper Plumbing

Interior Spaces

  • 3,379 Sq Ft Home
  • 2-Story Property
  • High Ceiling

Kitchen

  • Oven or Range
  • Gas and Electric Range
  • Tile Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 5 Bathrooms

Outdoor Features

  • Living Room Balcony
  • Covered Patio or Porch

Location

  • Ground Level Unit
  • City Lot

Utilities

  • Window Unit Cooling System
  • Heating System Mounted To A Wall or Window
  • Multi-Tank Hot Water Heater
  • Sewer in Street

Listing and Financial Details

  • The owner pays for water
  • Assessor Parcel Number 5427-015-021

Community Details

Overview

  • 2 Buildings
  • 5 Units

Building Details

  • Rent Control

Property Details

Home Type

Multi-Family

Year Built

Built in 1921

Lot Details

7,353 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential Income
  • Style: Bungalow
  • Levels: Ground Level, Multi/Split
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Building Permit: Yes
  • Entry Location: Ground Level w/steps
  • Living Area: 3379
  • Lot Acreage: 0.1688
  • Probate: No
  • Property Condition: Fixer
  • Stories: 2
  • Year Built: 1921
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: High Ceilings (9 Feet+)
  • Number Carpet: 3
  • Number Dishwasher: 0
  • Number Disposal: 0
  • Flooring: Mixed, Wood, Tile
  • Appliances: Gas/Electric Range
  • Bedrooms: 8
  • Common Walls: Attached
  • Bathroom Features: Tile
  • Kitchen Features: Tile Counters
  • Total Bathrooms: 5.00
  • Equipment: Range/Oven, Refrigerator
  • Price Per S Q F T: 360.76

Exterior Features

  • Direction Faces: East
  • Construction: Wood Siding
  • Other Features: Balcony, High Ceilings (9 Feet+), Partial Copper Plumbing
  • Other Structures: Accessory Bldgs
  • Tennis Court Y/N: No
  • Foundation Details: Pillar/Post/Pier, Raised
  • Number Patio: 2
  • Patio: Concrete Slab, Porch - Front, Covered Porch, Living Room Balcony
  • Paved: Yes
  • Pool: No
  • Roof: Composition, Shingle
  • Spa Yn: No
  • View: City Lights, Mountains
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Other Spaces: 4
  • Covered Parking: 2
  • Garage Structures: 2
  • Parking Garage: Driveway
  • Total Parking: 6

Utilities

  • Water Heater: Multi-Tank
  • Cooling: Window Unit(s)
  • Heating: Wall Gas
  • Number Electric Meters: 5
  • Number Gas Meters: 5
  • Sewer: In Street
  • Water: Public
  • Water Heaters: Yes

Lot Info

  • Additions Alterations: No
  • Assessed Improvement Percent: 61.76
  • Assessed Improvement Value: 49345
  • Assessed Land Percent: 38.24
  • Assessed Land Value: 30548
  • Total Assessed Value: 79893
  • Assessor Parcel Number: 5427-015-021
  • Lot Description: Front Yard, Street Paved
  • Lot Location: City
  • Lot Size Area: 7353

Rental Info

  • Number Leased: 3
  • Total Actual Rent: 2230.00
  • Land Lease Type: Fee
  • Owner Pays: Water
  • Rent Control: Yes

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110
  • Number Of Units: 5
  • Number Wall A C: 5
  • Rent Control: 100
  • Type Of Units: residential

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 18, 2024
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,020,000
Outstanding Balance
$1,000,972
Interest Rate
6.32%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 8, 2022
Closed on
Feb 18, 2022
Sold by
Bought by
Seller's Agent
Tracy Fink
The ONE Luxury Properties
Buyer's Agent
Tracy Fink
The ONE Luxury Properties
List Price
$1,219,000
Sold Price
$1,390,000
Premium/Discount to List
$171,000
14.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$973,000
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 23, 2014
Sold by
Bought by

Purchase Details

Closed on
Apr 12, 2010
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,000
Interest Rate
4.95%
Mortgage Type
Commercial
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Chicago Title Company
$1,390,000 Equity Title
-- None Available
-- Lawyers Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $1,020,000
Closed $1,020,000
Previous Owner $973,000
Previous Owner $20,000
Previous Owner $100,000
Previous Owner $150,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
03/23/2022 03/23/22 Sold $1,390,000 +14.0% $411 / Sq Ft
02/16/2022 02/16/22 Pending -- -- --
02/08/2022 02/08/22 For Sale $1,219,000 -- $361 / Sq Ft
Source: The MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $18,514 $1,475,078 $955,087 $519,991
2024 $18,334 $1,446,156 $936,360 $509,796
2023 $18,001 $1,417,800 $918,000 $499,800
2022 $1,937 $81,489 $31,158 $50,331
2021 $1,901 $79,893 $30,548 $49,345
2020 $1,906 $79,075 $30,235 $48,840
2019 $1,868 $77,526 $29,643 $47,883
2018 $1,718 $76,007 $29,062 $46,945
2016 $1,579 $73,058 $27,935 $45,123
2015 $1,567 $71,962 $27,516 $44,446
2014 $1,606 $70,553 $26,977 $43,576
Source: Public Records

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Map

Source: The MLS

MLS Number: 22-124685

The MLS
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