2575 Riverside Terrace Los Angeles, CA 90039
Silver Lake NeighborhoodEstimated payment $8,489/month
Highlights
- No HOA
- Laundry Room
- Back Yard
- John Marshall Senior High Rated A
- Central Heating and Cooling System
About This Home
Nestled in one of Silver Lake’s most desirable neighborhoods, this rare duplex offers an exceptional opportunity for both owner-users and investors. Lovingly held by the same family for over six decades, the property features a spacious front unit with a generous living room, a versatile family den perfect for a home office or gym, and a formal dining room with an adjacent wet bar. It is ideal for entertaining. The kitchen connects seamlessly to the main living areas, creating a comfortable and open floor plan. Additional highlights include new carpet, a private backyard, a 2-car garage, and a large storage room. The second unit is a charming 1-bedroom & 1-bathroom residence occupied by a long-term tenant and includes its own 1-car garage.
Located just moments from Silver Lake’s popular shopping district, trendy coffee shops, Atwater Village boutiques, parks, and public transportation, with convenient access to Downtown LA. This is a truly rare find in a prime location and full of potential and ready for its next chapter.
Listing Agent
Re/Max Premier Prop Arcadia Brokerage Phone: 626-758-0937 License #01720175 Listed on: 12/02/2025
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1968
Lot Details
- 6,352 Sq Ft Lot
- No Common Walls
- Back Yard
Parking
- 3 Car Garage
Home Design
- Duplex
- Entry on the 1st floor
Interior Spaces
- 2,862 Sq Ft Home
- 3-Story Property
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Bathrooms
Laundry
- Laundry Room
- Laundry in Garage
Utilities
- Central Heating and Cooling System
- Natural Gas Connected
Listing and Financial Details
- Tax Lot 82
- Tax Tract Number 4038
- Assessor Parcel Number 5440029015
Community Details
Overview
- No Home Owners Association
- 2 Units
Building Details
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $3,000
- Trash Expense $1,000
- Water Sewer Expense $2,000
- New Taxes Expense $20,000
- Operating Expense $26,200
- Gross Income $19,740
Map
Home Values in the Area
Average Home Value in this Area
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 | $2,255 | $162,240 | $29,143 | $133,097 |
| 2024 | $2,255 | $159,060 | $28,572 | $130,488 |
| 2023 | $2,217 | $155,942 | $28,012 | $127,930 |
| 2022 | $2,121 | $152,885 | $27,463 | $125,422 |
| 2021 | $2,079 | $149,888 | $26,925 | $122,963 |
| 2019 | $2,021 | $145,444 | $26,127 | $119,317 |
| 2018 | $1,967 | $142,593 | $25,615 | $116,978 |
| 2016 | $1,848 | $137,058 | $24,621 | $112,437 |
| 2015 | $1,824 | $135,001 | $24,252 | $110,749 |
| 2014 | $1,844 | $132,357 | $23,777 | $108,580 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/02/2025 12/02/25 | For Sale | $1,589,000 | -- | $555 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | None Available |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: AR25248307
APN: 5440-029-015
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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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