
Seller's Agent in 2023
Nick Astrupgaard
KW Commercial Studio City
(818) 432-1580
4 in this area
23 Total Sales
Estimated Value: $1,661,697 - $2,365,000
The sale includes the adjacent fourplex located at 2637 Glendale Blvd. 2631 Glendale Blvd (APN: 5439-009-003) and 2637 Glendale Blvd (APN: 5439-009-004) are two side-by-side fourplexes in Silver Lake being offered for sale together as one transaction. The offering provides investors a unique opportunity to acquire eight units in a premier Los Angeles rental market with meaningful long-term capital appreciation. 2631 and 2637 Glendale Blvd are ideally located in Silver Lake and walkable to many neighborhood hotspots. It features an ideal unit composition of eight large Two (2) Two-Bedroom | One-Bathroom units. The units are large in size and average nearly 900 square feet each. The units offer many original details featured in 1940s construction such as original hardwood floors, ample windows, many original built-ins, and a separate room for an in-unit washer/dryer. As a bonus, there are currently two vacant units allowing the next owner to optimize and rent for market value. Units are accessed through a quiet, open-air courtyard; each unit features front and rear access and exit. In all, 2631 and 2637 Glendale Blvd feature 6,980 SF of improvements on a collective 14,818 square feet of land, zoned LAR2. The property is fully parked with a total of 8 parking spaces. Gas and electrical utilities are separately metered.
Last Agent to Sell the Property
KW Commercial Studio City License #01893466 Listed on: 08/23/2022
Last Buyer's Agent
KW Commercial Studio City License #01893466 Listed on: 08/23/2022
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
Solomon Ventures Llc | $2,350,000 | Lawyers Title Company | |
Bradley Richard Phillip | -- | None Available |
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Solomon Ventures Llc | $1,500,000 |
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
06/07/2023 06/07/23 | Sold | $2,350,000 | -23.0% | $337 / Sq Ft |
06/06/2023 06/06/23 | Pending | -- | -- | -- |
08/23/2022 08/23/22 | For Sale | $3,050,000 | -- | $437 / Sq Ft |
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 | $20,368 | $1,683,000 | $1,275,000 | $408,000 |
2024 | $20,368 | $1,650,000 | $1,250,000 | $400,000 |
2023 | $4,219 | $303,971 | $206,405 | $97,566 |
2022 | $4,038 | $298,011 | $202,358 | $95,653 |
2021 | $3,972 | $292,169 | $198,391 | $93,778 |
2020 | $4,004 | $289,174 | $196,357 | $92,817 |
2019 | $3,863 | $283,505 | $192,507 | $90,998 |
2018 | $3,766 | $277,947 | $188,733 | $89,214 |
2016 | $3,570 | $267,155 | $181,405 | $85,750 |
2015 | $3,522 | $263,143 | $178,681 | $84,462 |
2014 | $3,561 | $257,989 | $175,181 | $82,808 |
Seller's Agent in 2023
Nick Astrupgaard
KW Commercial Studio City
(818) 432-1580
4 in this area
23 Total Sales
Seller Co-Listing Agent in 2023
Rich Johns
KW Commercial Studio City
(818) 432-1575
5 in this area
33 Total Sales
Source: The MLS
MLS Number: 22-192663
APN: 5439-009-003