NOT LISTED FOR SALE

2223 Silver Ridge Ave Los Angeles, CA 90039

Estimated Value: $1,659,000 - $2,335,461

5 Beds
4 Baths
3,045 Sq Ft
$610/Sq Ft Est. Value

Last Sold May 23, 2023

Last sale price $1,470,000 $483 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $11,579/month

18 Days on Market

Highlights

  • 2 Car Garage
  • John Marshall Senior High Rated A
  • 1-Story Property

About This Home

As of May 2023

Fantastic opportunity in Silver Lake. This Duplex is an ideal situation for someone who wants to live in an income producing property (since one of the unites is being sold with the tenants who are paying always on time) or for someone who wishes to use it solely as an income property and rent out both units. This is a highly sought after location and the units have a fantastic ambiance and even a very nice view. Here you can enjoy the tranquil atmosphere while being right in the mix of one of the trendiest neighborhoods in Los Angeles in close proximity to restaurants, shopping and entertainment.

Last Agent to Sell the Property

Brandon Hauer

Brandon Hauer Real Estate Group License #01741530 Listed on: 04/09/2023

Last Buyer's Agent

Alexandria Jack

Compass License #01952539

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,290

Year Built

  • Built in 1983

Lot Details

  • 5,499 Sq Ft Lot
  • Lot Dimensions are 50x110

Home Design

  • Duplex

Interior Spaces

  • 3,045 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Parking

  • 2 Car Garage
  • Carport

Community Details

  • 2 Buildings
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 5440-018-014

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,290

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Advertising Remarks: Fantastic opportunity in Silver Lake. This Duplex is an ideal situation for someone who wants to live in an income producing property (since one of the unites is being sold with the tenants who are paying always on time) or for someone who wishes to use it solely as an income property and rent out both units. This is a highly sought after location and the units have a fantastic ambiance and even a very nice view. Here you can enjoy the tranquil atmosphere while being right in the mix of one of the trendiest neighborhoods in Los Angeles in close proximity to restaurants, shopping and entertainment.
  • Living Area: 3045
  • Lot Acreage: 0.1262
  • Lot Dimensions: 50x110
  • Stories: 1
  • Year Built: 1983
  • Number Of Photos: 57
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 5
  • Total Bathrooms: 4.00
  • Price Per S Q F T: 492.61

Exterior Features

  • Other Structures: Other

Garage/Parking

  • Parking Garage: Carport, Garage
  • Total Parking: 2

Lot Info

  • Assessed Improvement Percent: 33.73
  • Assessed Improvement Value: 189395
  • Assessed Land Percent: 66.27
  • Assessed Land Value: 372074
  • Total Assessed Value: 561469
  • Assessor Parcel Number: 5440-018-014
  • Lot Size Area: 5499

Multi Family

  • Unit Type: 2106, 2107
  • Number Of Units: 2
  • Total Annual Expense: 0
  • Type Of Units: Duplex
  • Vacancy Rate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 28, 2004
Sold by
Ray Richard L and Ray Richard J
Bought by
Ray Richard L
Current Estimated Value
$1,836,499

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,000
Interest Rate
5.82%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Nov 20, 2002
Sold by
Velasquez Jorge I
Bought by
Ray Richard J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$472,000
Interest Rate
5.87%

Purchase Details

Closed on
May 28, 1998
Sold by
Lizama Jesus Tr and The J B/Kiki Lizama Family Tru
Bought by
Velasquez Jorge I and Ray Richard L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$289,000
Interest Rate
7.06%

Purchase Details

Closed on
Jan 17, 1994
Sold by
Hiratani Lizama Jesus Borja and Hiratani Lizama Kikue
Bought by
Hiratani Lizama Jesus Borja and Hiratani Lizama Kikue
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
Ray Richard L -- --
Ray Richard J -- Lawyers Title Company
Velasquez Jorge I $289,000 First American Title Co
Hiratani Lizama Jesus Borja -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ray Richard L $704,000
Closed Ray Richard L $176,000
Closed Ray Richard L $100,000
Closed Ray Richard L $217,000
Closed Ray Richard $137,000
Closed Ray Richard J $126,000
Closed Ray Richard J $455,000
Closed Ray Richard J $472,000
Closed Ray Richard L $472,000
Closed Velasquez Jorge I $40,000
Closed Velasquez Jorge I $290,000
Closed Velasquez Jorge I $289,000
Closed Ray Richard J $64,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2023 05/23/23 Sold $1,470,000 -2.0% $483 / Sq Ft
04/27/2023 04/27/23 Pending -- -- --
04/19/2023 04/19/23 Price Changed $1,500,001 0.0% $493 / Sq Ft
04/09/2023 04/09/23 For Sale $1,500,000 0.0% $493 / Sq Ft
07/06/2016 07/06/16 Rented $3,500 -2.8% --
06/15/2016 06/15/16 For Rent $3,600 +12.5% --
06/15/2014 06/15/14 Rented $3,200 0.0% --
05/23/2014 05/23/14 Under Contract -- -- --
05/13/2014 05/13/14 For Rent $3,200 -- --
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 $18,290 $1,529,388 $1,144,440 $384,948
2024 $18,290 $1,499,400 $1,122,000 $377,400
2023 $7,255 $572,697 $379,515 $193,182
2022 $6,922 $561,469 $372,074 $189,395
2021 $6,824 $550,461 $364,779 $185,682
2020 $6,889 $544,818 $361,039 $183,779
2019 $6,623 $534,136 $353,960 $180,176
2018 $6,527 $523,664 $347,020 $176,644
2016 $6,213 $503,332 $333,546 $169,786
2015 $6,124 $495,772 $328,536 $167,236
2014 $6,154 $486,062 $322,101 $163,961
Source: Public Records

Agents Affiliated with this Home

  • Brandon Hauer

    Seller's Agent in 2023

    Brandon Hauer

    Brandon Hauer Real Estate Group

    (323) 445-8547

    1 in this area

    48 Total Sales

    Section Image
  • Alexandria Jack

    Buyer's Agent in 2023

    Alexandria Jack

    Compass

    (213) 507-3959

    7 in this area

    97 Total Sales

    Section Image
  • Garry Scoby

    Seller's Agent in 2016

    Garry Scoby

    Berkshire Hathaway HomeServices California Properties

    (323) 671-1207

    2 in this area

    5 Total Sales

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  • John Abreu

    Seller's Agent in 2014

    John Abreu

    Berkshire Hathaway HomeServices California Properties

    (310) 777-7800

    2 in this area

    10 Total Sales

    Section Image
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Map

Source: The MLS

MLS Number: 23-258389

The MLS

APN: 5440-018-014

California Los Angeles County Los Angeles 90039

2223 Silver Ridge Ave, Los Angeles, CA

This home is located at 2223 Silver Ridge Ave, Los Angeles, CA 90039 since 09 April 2023 and is currently estimated at $1,856,865, approximately $609 per square foot. This property was built in 1983. 2223 Silver Ridge Ave is a home located in Los Angeles County with nearby schools including Allesandro Elementary, Irving STEAM Magnet School, and John Marshall Senior High.

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The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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