NOT LISTED FOR SALE

2319 Griffith Park Blvd Los Angeles, CA 90039

Estimated Value: $1,024,971 - $1,291,000

4 Beds
3 Baths
1,567 Sq Ft
$722/Sq Ft Est. Value

Last Sold May 10, 2022

Last sale price $1,046,000 $668 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $7,096/month

15 Days on Market

About This Home

As of May 2022

Rare value-add opportunity to own a multi-unit income property in coveted Silver Lake for under $1M! Excellent opportunity for an investor as the property offers the potential to add up to an estimated 14 units with density bonus (buyer to do their own due diligence). This triplex is nestled between Griffith Park Blvd and Hyperion Ave and is a short distance to Trader Joe's, Gelson's, Silver Lake Farmer's Market, Barbrix, Hyperion Public, Tomato Pie, and many other shops, restaurants, bars and cafes. The property consists of two structures. The front building off of Griffith Park Blvd consists of two 1 bd/1ba units. The unit off of Hyperion Ave is a separate stand alone 2bd/1ba bungalow. The two buildings have a common area between the buildings that can park 4 cars.

Last Agent to Sell the Property

Will Tiao

The Collective Realty License #01918965 Listed on: 03/17/2022

Last Buyer's Agent

Will Tiao

The Collective Realty License #01918965 Listed on: 03/17/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,482

Year Built

  • Built in 1920

Lot Details

  • 5,756

Home Design

  • 1,567 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Parking

  • 4 Parking Spaces
  • Uncovered Parking

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window

Additional Features

  • Oven or Range
  • 5,756 Sq Ft Lot

Community Details

  • 2 Buildings
  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 5432-003-015

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,482

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 1567
  • Lot Acreage: 0.1321
  • Year Built: 1920
  • Number Of Photos: 36
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Flooring: Mixed
  • Bedrooms: 4
  • Total Bathrooms: 3.00
  • Equipment: Range/Oven
  • Price Per S Q F T: 634.97

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Uncovered
  • Total Parking: 4

Utilities

  • Cooling: Wall/Window
  • Heating: Wall Gas
  • Water Expense: 599.00

Fee Information

  • Insurance Expense: 4200.00
  • Maintenance Expense: 5126.00

Lot Info

  • Assessed Improvement Percent: 25.25
  • Assessed Improvement Value: 252590
  • Assessed Land Percent: 74.75
  • Assessed Land Value: 747666
  • Total Assessed Value: 1000256
  • Assessor Parcel Number: 5432-003-015
  • Lot Size Area: 5756

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 18.16
  • Number Of Units: 3
  • Total Annual Expense: 17137
  • Type Of Units: apartment
  • Vacancy Rate: 0

Tax Info

  • Tax Expense: 7212.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 5, 2021
Sold by
Kamikawa Eric Masamichi
Bought by
Mitchell June Akane
Current Estimated Value
$1,130,743

Purchase Details

Closed on
Mar 17, 2006
Sold by
Kamikawa Okumura George H and Kamikawa Okumura Tomoko
Bought by
Okumura George H and Okumura Tomoko K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,000
Interest Rate
6.19%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 28, 2001
Sold by
Rooney Walter R and Roony Walter
Bought by
Kamikawa Okumura George H and Kamikawa Okumura Tomoko
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
Mitchell June Akane -- None Available
Okumura George H -- Fidelity National Title Co
Kamikawa Okumura George H $69,090 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Okumura George H $199,000
Previous Owner Roony Walter R $43,000
Previous Owner Rooney Walter R $45,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/10/2022 05/10/22 Sold $1,046,000 +5.1% $668 / Sq Ft
04/01/2022 04/01/22 Pending -- -- --
03/17/2022 03/17/22 For Sale $995,000 -- $635 / 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 $13,482 $1,110,022 $887,169 $222,853
2024 $13,482 $1,088,258 $869,774 $218,484
2023 $13,223 $1,066,920 $852,720 $214,200
2022 $10,281 $846,057 $633,641 $212,416
2021 $7,212 $1,000,256 $747,666 $252,590
2020 $6,484 $506,535 $355,254 $151,281
2019 $6,237 $496,604 $348,289 $148,315
2018 $6,136 $486,867 $341,460 $145,407
2017 $6,004 $477,321 $334,765 $142,556
2016 $5,864 $467,962 $328,201 $139,761
2015 $5,781 $460,934 $323,272 $137,662
2014 $5,816 $451,906 $316,940 $134,966
Source: Public Records

Agents Affiliated with this Home

  • Will Tiao

    Seller's Agent in 2022

    Will Tiao

    The Collective Realty

    (323) 438-9494

    5 in this area

    32 Total Sales

    Will Tiao
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Map

Source: The MLS

MLS Number: 22-137377

The MLS

APN: 5432-003-015

California Los Angeles County Los Angeles 90027

2319 Griffith Park Blvd, Los Angeles, CA

This home is located at 2319 Griffith Park Blvd, Los Angeles, CA 90039 since 17 March 2022 and is currently estimated at $1,130,743, approximately $721 per square foot. This property was built in 1920. 2319 Griffith Park Blvd is a home located in Los Angeles County with nearby schools including Ivanhoe Elementary, Thomas Starr King Middle School Film and Media Magnet, and John Marshall Senior High.

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