NOT LISTED FOR SALE

1608 Silver Lake Blvd Los Angeles, CA 90026

Estimated Value: $1,634,896 - $2,076,000

4 Beds
3 Baths
2,380 Sq Ft
$748/Sq Ft Est. Value

Last Sold July 22, 2022

Last sale price $1,650,000 $693 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $11,027/month

13 Days on Market

About This Home

As of July 2022

Fantastic investment opportunity in the heart of Silver Lake. This triplex consists of a 2bed/1.5bath + Den townhouse style unit and two 1bed/1bath units. Featuring hardwood floors, charming bathrooms, two private yards, 4 individual garages, and is situated on a street-to-street lot. This property is perfectly positioned for an owner occupant or ready to rent out and take advantage of one of Los Angeles' hottest rental markets. You can't beat this location with its close proximity to the reservoir, dog park and some of Silver Lake's best establishments like LAMILL Coffee, L&E Oyster Bar, and Alimento.

Last Agent to Sell the Property

Travis Bayles

Compass License #01895090 Listed on: 04/21/2022

Compass

Co-Listed By

Steven Moran

Douglas Elliman License #02052389

Last Buyer's Agent

Mark Wongcharoensuk

Apricot Realty License #01361934

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $20,569

Year Built

  • Built in 1939

Lot Details

  • 4,999 Sq Ft Lot

Parking

  • 4 Car Garage

Interior Spaces

  • 2,380 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Mounted To A Wall or Window

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 5425-023-006

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$20,569

Year Built

Built in 1939

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 2380
  • Lot Acreage: 0.1148
  • Stories: 2
  • Year Built: 1939
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 4
  • Total Bathrooms: 3.00
  • Equipment: Dryer, Washer
  • Price Per S Q F T: 629.41

Exterior Features

  • Other Structures: None

Garage/Parking

  • Garage Spaces: 4
  • Parking Garage: Garage Is Detached
  • Total Parking: 4

Utilities

  • Cooling: Wall Unit(s)
  • Heating: Wall

Lot Info

  • Assessed Improvement Percent: 24.49
  • Assessed Improvement Value: 315353
  • Assessed Land Percent: 75.51
  • Assessed Land Value: 972340
  • Total Assessed Value: 1287693
  • Assessor Parcel Number: 5425-023-006
  • Lot Size Area: 4999

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 20.00
  • Number Of Units: 3
  • Type Of Units: Attached

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 27, 2025
Sold by
David Tewasart Inc
Bought by
Tewasart David
Current Estimated Value
$1,779,224

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Outstanding Balance
$999,134
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$780,090

Purchase Details

Closed on
May 18, 2018
Sold by
Mrly Llc
Bought by
Desert Investment 1 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
4.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 16, 2016
Sold by
Lau Leland G
Bought by
Mr Ly Llc

Purchase Details

Closed on
Dec 17, 2013
Sold by
Mr Lv Llc
Bought by
Lau Leland G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,000
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 23, 2003
Sold by
Lau Leland G
Bought by
Mr Ly Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$217,750
Interest Rate
5.72%

Purchase Details

Closed on
Dec 14, 2000
Sold by
Capers Vernon L and Capers Gail A
Bought by
Lau Leland G and Lau Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,250
Interest Rate
7.41%

Purchase Details

Closed on
May 24, 1999
Sold by
Pagnone Paul and John Pagnone Trust
Bought by
Pagnone Theresa J

Purchase Details

Closed on
Apr 19, 1999
Sold by
Pagnone Paul
Bought by
Pagnone Theresa J

Purchase Details

Closed on
Apr 29, 1998
Sold by
Pagnone Theresa J
Bought by
Pagnone Theresa J and Theresa J Pagnone Personal Trust
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Tewasart David -- Chicago Title
Desert Investment 1 Llc $1,225,000 California Title Company
Mr Ly Llc -- None Available
Lau Leland G -- First American Title Company
Mr Ly Llc -- --
Lau Leland G -- --
Lau Leland G $275,000 Old Republic Title Company
Pagnone Theresa J -- --
Pagnone Theresa J -- --
Pagnone Theresa J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tewasart David $1,000,000
Previous Owner Desert Investment 1 Llc $900,000
Previous Owner Lau Leland G $193,000
Previous Owner Lau Leland G $217,750
Previous Owner Lau Leland G $206,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/22/2022 07/22/22 Sold $1,650,000 +10.1% $693 / Sq Ft
05/04/2022 05/04/22 Pending -- -- --
04/21/2022 04/21/22 For Sale $1,498,000 -- $629 / Sq Ft
Source: The MLS

Tax History Compared to Growth

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 $20,569 $1,716,660 $1,248,480 $468,180
2024 $20,569 $1,683,000 $1,224,000 $459,000
2023 $20,168 $1,650,000 $1,200,000 $450,000
2022 $15,679 $1,313,446 $991,786 $321,660
2021 $15,486 $1,287,693 $972,340 $315,353
2020 $15,644 $1,274,490 $962,370 $312,120
2019 $15,022 $1,249,500 $943,500 $306,000
2018 $11,485 $934,076 $560,230 $373,846
2016 $10,974 $897,807 $538,477 $359,330
2015 $10,815 $884,322 $530,389 $353,933
2014 $6,303 $492,923 $347,947 $144,976
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 22-146163

The MLS

APN: 5425-023-006