$1,895,000
$105K PRICE DROP

2313 Glendale Blvd Los Angeles, CA 90039

Estimated payment $13,057/month

Total Views 47,913
6 Beds
-- Bath
3,954 Sq Ft
$479 Price per Sq Ft

Highlights

  • Very Popular Property
  • Community Lake
  • No HOA
  • Clifford Street Elementary School Rated A-
  • Property is near public transit
  • Park

About This Home

R3 ZONED SILVER LAKE GEM – SIX UNITS + DEVELOPMENT POTENTIAL!!! Unlock exceptional value and future opportunity with this rare income-generating 6-unit property in the heart of Silver Lake, one of Los Angeles’ most coveted and vibrant neighborhoods! Just a short stroll from the scenic Silver Lake Reservoir, lush meadows, and the community-favorite dog park, this property delivers the perfect fusion of urban convenience and natural tranquility. Nestled on a generously sized, verdant lot, the grounds are dotted with mature, fruit-bearing avocado, fig, and lime trees, creating a serene retreat for tenants and owners alike. Each of the six units is individually metered for utilities, ensuring straightforward management and maximizing profitability. Recent upgrades include energy-efficient dual-pane windows, enhancing interior comfort and lowering utility costs. The property also features five covered carport spaces and two additional uncovered parking spots, offering a total of seven on-site spaces—an increasingly rare and valuable amenity in the area. The upper rear unit boasts lovely pocket views of Silver Lake and the iconic Griffith Park Observatory dome, offering a unique and desirable perspective of LA’s most iconic landmarks. Zoned R3, the property holds tremendous upside: there’s potential to build up to six additional units (for a total of 12), offering long-term equity growth and significantly expanded rental income potential. Whether you’re a seasoned investor or an owner-user, the flexibility is unmatched—live in one unit and let the other five help pay your mortgage! Just minutes from Downtown LA, less than 2.5 miles to Dodger Stadium, and within walking distance to Silver Lake’s top-tier retail and culinary hotspots—including Gelson’s, Whole Foods, Silverlake Wine, Trader Joe’s, and the iconic Red Lion Tavern—this is truly a can’t-miss opportunity in one of LA’s strongest rental and lifestyle markets. Schedule your private showing today and take the next step toward exceptional returns in a near-unbeatable location!

Listing Agent

David Sevanian

Keller Williams VIP Properties Brokerage Phone: 661-510-6072 License #01275548 Listed on: 06/25/2025

Keller Williams VIP Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $32,182

Year Built

  • Built in 1923

Lot Details

  • 7,378 Sq Ft Lot
  • Two or More Common Walls
  • Garden
  • Front Yard

Parking

  • 5 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • Apartment

Interior Spaces

  • 6 Bedrooms
  • 3,954 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Laundry Room

Additional Features

  • Exterior Lighting
  • Property is near public transit

Listing and Financial Details

  • Tax Lot 48
  • Tax Tract Number 195100
  • Assessor Parcel Number 5439001014
  • $978 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 6 Units
  • Community Lake
  • Mountainous Community

Recreation

  • Park

Building Details

  • 5 Leased Units
  • Rent Control
  • 6 Separate Electric Meters
  • 6 Separate Gas Meters
  • 6 Separate Water Meters
  • Electric Expense $1
  • Fuel Expense $1
  • Insurance Expense $11
  • Professional Management Expense $1
  • Trash Expense $11
  • Water Sewer Expense $1
  • Operating Expense $1
  • Gross Income $145,536
  • Net Operating Income $125,113

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$32,182

Year Built

Built in 1923

Lot Details

0

Parking

5

Listing Details

  • Assessments: Yes
  • Price Per Unit: 315833
  • Professional Management Expense: 1.00
  • Property Attached: Yes
  • Water Sewer Expenses: 1.00
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Parcel Number: 5439001014
  • Year Built: 1923
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Stories: 2
  • Entry Location: 1
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 479.26

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 5.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 5.00

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Trash Expense: 11.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Lake, Park, Mountainous, Sidewalks, Storm Drains, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Garden, Near Public Transit
  • Lot Size Sq Ft: 7378.00
  • Lot Size Acres: 0.1694

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Electric Expense: 1.00
  • Fuel Expense: 1.00
  • Gross Income: 145536.00
  • Gross Scheduled Income: 145536.00
  • Insurance Expense: 11.00
  • Lot Size Area: 7378.0000 Square Feet
  • Net Operating Income: 125113.00
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6
  • Number Of Separate Water Meters: 6
  • Number Of Units Leased: 5
  • Number Of Units Total: 6
  • Operating Expense: 20423.00
  • Other Income Description: Property managed by the owner.
  • Rent Control: Yes
  • Total Actual Rent: 9532.00
  • Total Expenses: 1.00

Tax Info

  • Tax Lot: 48
  • Tax Tract Number: 195100
  • TaxOtherAnnualAssessmentAmount: 978.00

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 $32,182 $2,122,415 $1,485,691 $636,724
2024 $32,182 $2,601,000 $1,352,520 $1,248,480
2023 $2,057 $89,959 $37,672 $52,287
2022 $1,997 $88,196 $36,934 $51,262
2021 $1,955 $86,467 $36,210 $50,257
2020 $1,961 $85,581 $35,839 $49,742
2019 $1,920 $83,904 $35,137 $48,767
2018 $1,787 $82,260 $34,449 $47,811
2016 $1,637 $79,067 $33,112 $45,955
2015 $1,623 $77,880 $32,615 $45,265
2014 $1,670 $76,356 $31,977 $44,379
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2025 07/31/25 Price Changed $1,895,000 -5.2% $479 / Sq Ft
06/25/2025 06/25/25 For Sale $1,999,990 -- $506 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Grant Deed -- None Listed On Document
Grant Deed $1,037,500 Western Resources Title Co
Interfamily Deed Transfer -- Accommodation
Interfamily Deed Transfer -- --
Source: Public Records

About the Listing Agent

David Sevanian

Keller Williams VIP Properties

(877) 702-9847

Section Image

I am a devoted Southern California real estate professional who pledges my unwavering integrity, knowledge, and industry insight to all clients that I represent. Taking the time to listen carefully and develop a clear understanding of the needs and goals of each unique client is paramount. Utilizing over 75+ years of combined licensed group member experience ensures the best possible end result is achieved.

The primary objective for my group of professionals is to provide our clients

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR25139254

California Regional Multiple Listing Service (CRMLS)

APN: 5439-001-014