$2,350,000
$145K PRICE DROP

1915 Apex Ave Los Angeles, CA 90039

Estimated payment $14,670/month

Total Views 7,207
6 Beds
7 Baths
2,923 Sq Ft
$804 Price per Sq Ft

Highlights

  • Panoramic View
  • Deck
  • Wood Flooring
  • Clifford Street Elementary School Rated A-
  • Living Room with Fireplace
  • Spanish Architecture

About This Home

SPANISH TRI-PLEX IN SILVERLAKE WITH SPECTACULAR RESERVOIR VIEWS! Contact the Listing agent for details on the projected Capitalization Rate. Newly remodeled unit 1915 1/2 to be delivered VACANT at COE, featuring 2 BR and a bonus room with a large balcony and private, separate deck. This 3-unit property is perfect for Owner-Occupants, Investors, or 1031 exchanges! This is an incredible opportunity to own a Spanish-style Triplex in one of Silverlake's most coveted streets, offering amazing views from two units. The front unit is a split-level 2BR/2BA apartment featuring a wood-burning fireplace, a large open cook's kitchen, refinished wood floors, and an upgraded bath that opens to a beautifully landscaped patio and front yard. The middle unit is a west-facing 2BR/2BA that boasts spectacular views and exemplifies California's indoor/outdoor living at its best. It features an approx. 1000 sf deck with 180-degree views of the Silver Lake reservoir, Hollywood sign, Griffith Observatory, and more. This unit also features beautiful wood floors, spacious interiors with high ceilings, and a wood-burning fireplace. The back unit is a newly remodeled 2BR/3BA with a large bonus room, plus a separate bonus room off the large downstairs patio, perfect for guests or a home office. Incredible views from the primary and living room with a balcony, and a lovely open kitchen. All three units come equipped with washers/dryers, a/c, and heating. This triplex has been meticulously maintained and upgraded for a discerning Buyer. It is conveniently located near trendy restaurants and excellent shopping in prime Silver Lake. MUST SEE

Listing Agent

David Cilento

Nelson Shelton & Associates License #01071884 Listed on: 06/20/2025

Nelson Shelton & Associates

Co-Listing Agent

Chris George

Nelson Shelton & Associates License #01496958

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $22,678

Year Built

  • Built in 1926 | Remodeled

Lot Details

  • 5,012 Sq Ft Lot
  • Landscaped
  • Lawn
  • Front Yard

Property Views

  • Panoramic
  • Skyline
  • Reservoir
  • Mountain

Home Design

  • Spanish Architecture
  • Split Level Home

Interior Spaces

  • 2,923 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Sliding Doors
  • Living Room with Fireplace
  • Wood Flooring

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 7 Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

  • Security Lights
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • Driveway

Outdoor Features

  • Balcony
  • Deck
  • Open Patio
  • Front Porch

Utilities

  • Central Heating and Cooling System

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 5422-001-025

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$22,678

Year Built

Built in 1926 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: Spanish
  • Levels: Multi/Split, One
  • Street Number Display: Yes
  • Living Area: 2923
  • Lot Acreage: 0.1151
  • Property Condition: Updated/Remodeled
  • Stories: 1
  • Year Built: 1926
  • Number Of Photos: 70
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Mixed, Hardwood
  • Bedrooms: 6
  • Bedroom Features: Primary Bedroom
  • Laundry: In Unit
  • Total Bathrooms: 7.00
  • Equipment: Dishwasher, Garbage Disposal, Washer, Dryer, Range/Oven, Ceiling Fan
  • Price Per S Q F T: 803.97

Exterior Features

  • Other Features: Balcony, Sliding Glass Doors
  • Other Structures: None
  • Patio: Balcony, Porch - Front, Patio Open, Deck(s)
  • View: City Lights, City, Mountains, Skyline, Reservoir, Tree Top, Panoramic
  • View: Yes

Garage/Parking

  • Other Spaces: 2
  • Parking Garage: Driveway
  • Total Parking: 2

Utilities

  • Cooling: Air Conditioning, Central
  • Heating: Central
  • Security: Smoke Detector, Carbon Monoxide Detector(s), Exterior Security Lights, Fire and Smoke Detection System

Lot Info

  • Assessed Improvement Percent: 35.00
  • Assessed Improvement Value: 624688
  • Assessed Land Percent: 65
  • Assessed Land Value: 1160138
  • Total Assessed Value: 1784826
  • Assessor Parcel Number: 5422-001-025
  • Lot Description: Front Yard, Exterior Security Lights, Lawn, Landscaped, Single Lot
  • Lot Size Area: 5012

Rental Info

  • Tenant Pays: Electricity, Cable TV, Gas

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 15.20
  • Number Of Units: 3
  • Total Annual Expense: 111430
  • Type Of Units: 3
  • Vacancy Rate: 0

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 $22,678 $1,894,068 $1,231,146 $662,922
2024 $22,678 $1,856,930 $1,207,006 $649,924
2023 $22,236 $1,820,521 $1,183,340 $637,181
2022 $21,195 $1,784,826 $1,160,138 $624,688
2021 $20,935 $1,749,831 $1,137,391 $612,440
2019 $20,305 $1,698,492 $1,103,656 $594,836
2018 $20,207 $1,665,200 $1,082,016 $583,184
2016 $19,320 $1,600,000 $1,040,000 $560,000
2015 $14,296 $1,178,302 $768,458 $409,844
2014 $14,351 $1,155,221 $753,405 $401,816
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/20/2025 08/20/25 Price Changed $2,350,000 -5.8% $804 / Sq Ft
06/20/2025 06/20/25 For Sale $2,495,000 0.0% $854 / Sq Ft
05/26/2020 05/26/20 Rented $3,600 0.0% --
05/18/2020 05/18/20 For Rent $3,600 +9.9% --
01/20/2017 01/20/17 Rented $3,275 -2.2% --
01/18/2017 01/18/17 Under Contract -- -- --
01/03/2017 01/03/17 For Rent $3,350 0.0% --
11/24/2015 11/24/15 Sold $1,600,000 -8.6% $547 / Sq Ft
10/24/2015 10/24/15 Pending -- -- --
08/19/2015 08/19/15 For Sale $1,750,000 0.0% $599 / Sq Ft
08/17/2015 08/17/15 Rented $4,100 +2.6% --
08/13/2015 08/13/15 For Rent $3,995 -- --
Source: The MLS

Purchase History

Date Type Sale Price Title Company
Grant Deed $1,600,000 Title 365
Grant Deed -- Pacific Coast Title Company
Grant Deed $1,150,000 Provident Title Company
Grant Deed $215,000 Old Republic Title Company
Trustee Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,137,608 Commercial
Closed $10,000 Unknown
Closed $1,150,000 Purchase Money Mortgage
Previous Owner $575,000 Purchase Money Mortgage
Previous Owner $540,000 New Conventional
Previous Owner $50,000 Stand Alone Second
Previous Owner $320,000 Unknown
Previous Owner $225,000 Unknown
Previous Owner $191,300 No Value Available
Source: Public Records

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Source: The MLS

MLS Number: 25555271

The MLS

APN: 5422-001-025