$1,250,000
UNDER CONTRACT $399K PRICE DROP

1431 Silver Lake Blvd Los Angeles, CA 90026

Estimated payment $8,203/month

Total Views 9,857
1 Bed
1 Bath
2,267 Sq Ft
$551 Price per Sq Ft

Highlights

  • Traditional Architecture
  • No HOA
  • Cooling System Mounted To A Wall/Window
  • John Marshall Senior High Rated A
  • Neighborhood Views
  • Living Room

About This Home

Welcome to your next investment opportunity in the heart of Silver Lake! This charming quadruplex, featuring four separate units, is priced to sell and is a haven for savvy investors and individuals with an eye for potential. Nestled on a serene tree-lined street, this property is strategically situated near a park area and a community dog park, perfect for pet lovers. Enjoy the convenience of nearby coffee shops and restaurants, creating an ideal setting for a vibrant and dynamic lifestyle. For outdoor enthusiasts, the Los Angeles River's bike path is just moments away, offering a scenic route for leisurely strolls and active adventures. Plus, this property is located near Silver Lake, a popular destination for joggers and outdoor enthusiasts who enjoy its scenic trails and lively atmosphere. Commuting is a breeze with easy freeway access, ensuring seamless travel to downtown Los Angeles. The strategic location also places you in close proximity to the renowned Glendale Galleria and Americana shopping centers, offering world-class shopping, dining, and entertainment options. This quadruplex is not just a property; it's an exceptional opportunity to invest in the flourishing community of Silver Lake. Don't miss out on the chance to make this property your own and unlock its full potential. Seize this opportunity and schedule your viewing today! 3 of the 4 units to be delivered vacant!

Listing Agent

henry vega

Enrique Henry Vega Jr. Broker Brokerage Phone: 323-833-6466 License #01765081 Listed on: 03/14/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,510

Year Built

  • Built in 1960

Lot Details

  • 4,598 Sq Ft Lot
  • 1 Common Wall
  • Steep Slope
  • Front Yard
  • Density is up to 1 Unit/Acre

Parking

  • On-Street Parking

Home Design

  • Traditional Architecture
  • Quadruplex
  • Turnkey
  • Raised Foundation
  • Shingle Roof
  • Stucco

Interior Spaces

  • 2,267 Sq Ft Home
  • 4-Story Property
  • Living Room
  • Laminate Flooring
  • Neighborhood Views

Kitchen

  • Gas Oven
  • Gas Range
  • Laminate Countertops

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Location

  • Urban Location

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Natural Gas Connected

Listing and Financial Details

  • Tax Lot 52
  • Tax Tract Number 195
  • Assessor Parcel Number 5425020002
  • Seller Considering Concessions

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 4 Units

Building Details

  • 1 Leased Unit
  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 3 Separate Water Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,510

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Price Per Unit: 312500
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: Yes
  • Zoning: LAR2
  • Architectural Style: Traditional
  • Property Condition: Turnkey
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 5425020002
  • Year Built: 1960
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: UnderContract

Interior Features

  • Fireplace: No
  • Interior Amenities: Laminate Counters
  • Stories: 4
  • Common Walls: 1 Common Wall
  • Flooring: Laminate
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 551.39
  • Room Type: Kitchen, Living Room

Exterior Features

  • Foundation: Raised
  • View: Neighborhood
  • Fence: No
  • Pool Private: No
  • Roof: Shingle
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Parking: No
  • Parking Features: Street

Utilities

  • Utilities: Electricity Available, Natural Gas Connected, Sewer Connected, Water Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Oven, Gas Range
  • Heating Type: Wall Furnace
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Front Yard, Steep Slope
  • Lot Size Sq Ft: 4598.00
  • Lot Size Acres: 0.1056

Rental Info

  • Tenant Pays: Other

Multi Family

  • Lot Size Area: 4598.0000 Square Feet
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 3
  • Number Of Units Leased: 1
  • Number Of Units Total: 4
  • Rent Control: Yes

Tax Info

  • Tax Census Tract: 1955.00
  • Tax Lot: 52
  • Tax Tract Number: 195...

Map

Range of Values:

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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
2025 $18,510 $1,570,800 $1,254,600 $316,200
2024 $18,510 $1,508,580 $1,206,864 $301,716
2023 $18,150 $1,479,000 $1,183,200 $295,800
2022 $2,228 $156,475 $91,813 $64,662
2021 $2,190 $153,408 $90,013 $63,395
2019 $2,131 $148,860 $87,345 $61,515
2018 $2,087 $145,942 $85,633 $60,309
2016 $1,976 $140,276 $82,308 $57,968
2015 $1,951 $138,170 $81,072 $57,098
2014 $1,984 $135,464 $79,484 $55,980
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/07/2025 08/07/25 Price Changed $1,250,000 -16.7% $551 / Sq Ft
05/16/2025 05/16/25 Price Changed $1,499,999 -6.3% $662 / Sq Ft
04/14/2025 04/14/25 Price Changed $1,599,999 -3.0% $706 / Sq Ft
03/14/2025 03/14/25 For Sale $1,649,000 -- $727 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Trustee Deed $1,485,000 None Listed On Document
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $400,000 New Conventional
Previous Owner $0 New Conventional
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: BB25042833

California Regional Multiple Listing Service (CRMLS)

APN: 5425-020-002