NOT LISTED FOR SALE

Estimated Value: $984,000 - $1,140,549

2 Beds
2 Baths
1,248 Sq Ft
$861/Sq Ft Est. Value

Last Sold March 21, 2024

Last sale price $985,000 $789 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $6,631/month

97 Days on Market

Highlights

  • City Lights View
  • Cooling Available
  • Walk-in Shower
  • No HOA
  • Laundry Room
  • ENERGY STAR Qualified Equipment

About This Home

As of March 2024

Prime Silver Lake Duplex with Hollywood Sign and Downtown LA Views! Investor's Dream Opportunity!

Welcome to your investment dream in the heart of Silver Lake!
This beautiful duplex offers not only a stunning view of the iconic Hollywood Sign from the front yard but also a breathtaking panorama of the downtown Los Angeles skyline from the backyard.
Boasting an R3 zoning, this property presents an incredible opportunity for investors and developers alike. It already has plans in the pipeline and on the brink of approval for 2 luxury units and 2 more units by converting garage to ADUs, this adds up to a total of 6 units.

Don't miss out on this golden opportunity to own a piece of Silver Lake's finest!
Contact us today for more information or to schedule a viewing.

Last Agent to Sell the Property

Pablo Aspiazu

Homequest Real Estate Brokerage Phone: 562-413-0367 License #01446520 Listed on: 10/19/2023

Homequest Real Estate

Last Buyer's Agent

Julie Ledesma

Century 21 Cornerstone License #02119416

Century 21 Cornerstone

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,064

Year Built

  • Built in 1948

Lot Details

  • 5,047 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage

Property Views

  • City Lights
  • Peek-A-Boo

Home Design

  • Duplex
  • Entry on the 1st floor

Interior Spaces

  • 1,248 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms
  • Walk-in Shower

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Additional Features

  • ENERGY STAR Qualified Equipment
  • Cooling Available

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Legal Lot and Block 21 / 13
  • Tax Tract Number 67
  • Assessor Parcel Number 5156003028

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,064

Year Built

Built in 1948

Lot Details

0

Parking

2

Listing Details

  • Structure Type: Duplex
  • Assessments: No
  • Property Attached: No
  • View: Yes
  • Zoning: LAR3
  • Property Sub Type: Duplex
  • Property Type: Residential
  • Parcel Number: 5156003028
  • Year Built: 1948
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1248.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Appliances: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 789.26
  • Room Type: All Bedrooms Down
  • Bathroom Features: Shower

Exterior Features

  • View: City Lights, Peek-A-Boo
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Gas & Electric Dryer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Energy Star Qualified Equipment
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size: 5047
  • Lot Size Sq Ft: 5047.00
  • Lot Size Acres: 0.1159

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5047.0000 Square Feet
  • Number Of Units Total: 2

Tax Info

  • Tax Block: 13
  • Tax Census Tract: 2086.10
  • Tax Lot: 21
  • Tax Tract Number: 00067

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 19, 2023
Closed on
Mar 6, 2024
Sold by
Ca Pacific Holdings Llc
Bought by
Fierro Alejandra
Seller's Agent
Pablo Aspiazu
Homequest Real Estate
Buyer's Agent
Julie Ledesma
Century 21 Cornerstone
List Price
$1,068,000
Sold Price
$985,000
Premium/Discount to List
-$83,000
-7.77%
Views
236
Current Estimated Value
$1,074,887

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,887
Avg. Annual Appreciation
5.61%
Original Mortgage
$837,250
Outstanding Balance
$822,537
Interest Rate
6.64%
Mortgage Type
New Conventional
Estimated Equity
$252,350

Purchase Details

Listed on
Oct 19, 2023
Closed on
Mar 1, 2024
Sold by
Fierro Martin
Bought by
Fierro Alejandra
Seller's Agent
Pablo Aspiazu
Homequest Real Estate
Buyer's Agent
Julie Ledesma
Century 21 Cornerstone
List Price
$1,068,000
Sold Price
$985,000
Premium/Discount to List
-$83,000
-7.77%
Views
236

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$837,250
Outstanding Balance
$822,537
Interest Rate
6.64%
Mortgage Type
New Conventional
Estimated Equity
$252,350

Purchase Details

Closed on
Oct 18, 2023
Sold by
Pc Legacy Holdings Llc
Bought by
Ca Pacific Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
7.18%
Mortgage Type
Construction

Purchase Details

Closed on
Feb 4, 2020
Sold by
Rosario April Ostrea Del
Bought by
Ostrea Kristine Camille Duag

Purchase Details

Closed on
Jan 8, 2019
Sold by
Ostrea Ireneo and Ostrea Loreta
Bought by
Rosario April Ostrea Del

Purchase Details

Closed on
Oct 22, 2013
Sold by
Ababon Myrla Ostrea
Bought by
Ababon Myrla Ostrea and Lizardo Regino O

Purchase Details

Closed on
Apr 3, 2012
Sold by
Urgello Serafina Ostrea
Bought by
Lizardo Regino O and Lizardo Alicia B

Purchase Details

Closed on
Jul 22, 2010
Sold by
Ababon Ramon
Bought by
Ababon Myrla Ostrea

Purchase Details

Closed on
Jul 15, 2010
Sold by
Urgello Serafina Ostrea
Bought by
Urgello Serafina Ostrea

Purchase Details

Closed on
Jul 27, 1995
Sold by
Urgello Virgilio
Bought by
Urgello Marc
Source: Public Records

Range of Values:

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Average Value
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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
Fierro Alejandra $985,000 Priority Title Company
Fierro Alejandra -- Priority Title Company
Ca Pacific Holdings Llc -- First American Title
Ostrea Kristine Camille Duag -- None Available
Rosario April Ostrea Del -- None Available
Ababon Myrla Ostrea -- None Available
Lizardo Regino O -- None Available
Ababon Myrla Ostrea -- None Available
Urgello Serafina Ostrea -- None Available
Urgello Marc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fierro Alejandra $837,250
Previous Owner Ca Pacific Holdings Llc $800,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/21/2024 03/21/24 Sold $985,000 -7.8% $789 / Sq Ft
02/27/2024 02/27/24 Price Changed $1,068,000 0.0% $856 / Sq Ft
02/27/2024 02/27/24 For Sale $1,068,000 0.0% $856 / Sq Ft
02/05/2024 02/05/24 For Sale $1,068,000 +8.4% $856 / Sq Ft
01/24/2024 01/24/24 Pending -- -- --
12/31/2023 12/31/23 Off Market $985,000 -- --
11/28/2023 11/28/23 Price Changed $1,068,000 -7.0% $856 / Sq Ft
10/19/2023 10/19/23 For Sale $1,148,000 +47.2% $920 / Sq Ft
12/28/2020 12/28/20 Sold $780,000 -9.3% $625 / Sq Ft View Prior Sale
11/20/2020 11/20/20 Pending -- -- --
10/22/2020 10/22/20 For Sale $859,900 -- $689 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $12,064 $1,004,700 $918,000 $86,700
2024 $12,064 $985,000 $900,000 $85,000
2023 $9,984 $811,512 $624,240 $187,272
2022 $9,523 $795,600 $612,000 $183,600
2021 $9,404 $780,000 $600,000 $180,000
2020 $3,898 $305,206 $203,281 $101,925
2019 $3,750 $299,223 $199,296 $99,927
2018 $3,706 $293,357 $195,389 $97,968
2016 $3,539 $281,967 $187,802 $94,165
2015 $3,489 $277,733 $184,982 $92,751
2014 $3,564 $272,294 $181,359 $90,935
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW23195682

California Regional Multiple Listing Service (CRMLS)

APN: 5156-003-028