$1,400,000
UNDER CONTRACT $600K PRICE DROP

2859 Effie St Los Angeles, CA 90026

Estimated payment $7,883/month

Total Views 3,980
4 Beds
4 Baths
3,340 Sq Ft
$419 Price per Sq Ft

Highlights

  • Community Stables
  • Community Lake
  • Park
  • John Marshall Senior High Rated A
  • No HOA
  • Laundry Room

About This Home

This is a a must see a "Charming Unique Triplex Residence" with attached studio, nestled in the highly sought after hillside neighborhood of Silver Lake. The larger unit consist of 2 bedrooms, 1 bath, living room with a fireplace, formal dining room & there is also a studio attached which can be rented out seperatley or combined with the larger unit & studio has a small kitchenette. The other 2 units which are located below one another has 1 bedroom, 1 bath & all 3 units have private balconies with amazing views!!! All the units have laminate & tile floors, all the kitchens have been remodeled before, the bathrooms have had some remodeling & it is great each unit has their own laundry area. Each unit pays their own utilities & there are 3 meters. The whole complex was fumigated 8 months ago for termites, 3 newer water heaters & a Brand New Roof as of April 2025, painted exterior 2025, copper pipping & all new windows in upper & lower units just replaced July 2025. This property enjoys a prime location near Sunset Blvd. which easy access to restaurants, shopping, dog park, Echo park lake & so much more. Owner lives in the main unit so he will be moving and the 2 other units have had amazing tenants plus you can also rent the studio.

Listing Agent

Kelly Preuss

CALDWELL & TAYLOR REALTY Brokerage Phone: 909-223-9309 License #01819278 Listed on: 04/12/2025

Co-Listing Agent

Danny Moya

CALDWELL & TAYLOR REALTY Brokerage Phone: 909-223-9309 License #01264323

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,087

Year Built

  • Built in 1928

Lot Details

  • 2,960 Sq Ft Lot
  • Two or More Common Walls
  • Gentle Sloping Lot

Home Design

  • Triplex
  • Entry on the 4th floor
  • Composition Roof

Interior Spaces

  • 3,340 Sq Ft Home
  • 3-Story Property
  • Living Room with Fireplace
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Parking

  • Parking Available
  • Driveway
  • Paved Parking

Location

  • Suburban Location

Listing and Financial Details

  • Tax Lot 141
  • Tax Tract Number 7441
  • Assessor Parcel Number 5423024004
  • $370 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • Community Lake

Recreation

  • Park
  • Dog Park
  • Community Stables

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 3 Separate Water Meters
  • Insurance Expense $6,800
  • Operating Expense $6,800
  • Gross Income $51,780

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,087

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Price Per Unit: 466667
  • Property Attached: Yes
  • Zoning: LAR2
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 5423024004
  • Year Built: 1928
  • Special Features: UnderContract

Interior Features

  • Fireplace: Yes
  • Stories: 3
  • Entry Location: 3
  • Common Walls: 2+ Common Walls
  • Entry Level: 4
  • Fireplace Features: Living Room
  • Levels: Three Or More
  • Price Per Square Foot: 419.16

Exterior Features

  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Parking: Yes
  • Parking Features: Asphalt, Paved

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Dog Park, Lake, Park, Stable(s), Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Gentle Sloping
  • Lot Size Sq Ft: 2960.00
  • Lot Size Acres: 0.0680

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Gross Income: 51780.00
  • Gross Scheduled Income: 51780.00
  • Insurance Expense: 6800.00
  • Lot Size Area: 2960.0000 Square Feet
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 3
  • Number Of Units Total: 3
  • Number With Patio: 3
  • Number With Range: 3
  • Number With Refrigerator: 3
  • Rent Control: No
  • Total Expenses: 6800.00

Tax Info

  • Tax Census Tract: 1955.00
  • Tax Lot: 141
  • Tax Tract Number: 7441
  • TaxOtherAnnualAssessmentAmount: 370.00

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 $5,087 $407,826 $120,432 $287,394
2024 $5,087 $399,830 $118,071 $281,759
2023 $4,992 $391,991 $115,756 $276,235
2022 $4,764 $384,306 $113,487 $270,819
2021 $4,686 $376,771 $111,262 $265,509
2019 $4,547 $365,898 $107,963 $257,935
2018 $4,494 $358,731 $105,847 $252,884
2016 $4,259 $344,515 $101,738 $242,777
2015 $4,198 $339,341 $100,210 $239,131
2014 $4,227 $332,695 $98,248 $234,447
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2025 08/30/25 Price Changed $1,400,000 -12.5% $419 / Sq Ft
08/12/2025 08/12/25 Price Changed $1,600,000 -10.1% $479 / Sq Ft
07/21/2025 07/21/25 Price Changed $1,780,000 -5.6% $533 / Sq Ft
07/02/2025 07/02/25 Price Changed $1,885,000 -5.0% $564 / Sq Ft
06/05/2025 06/05/25 Price Changed $1,985,000 +10.9% $594 / Sq Ft
05/24/2025 05/24/25 Price Changed $1,790,000 -9.8% $536 / Sq Ft
05/19/2025 05/19/25 Price Changed $1,985,000 -0.8% $594 / Sq Ft
04/12/2025 04/12/25 For Sale $2,000,000 -- $599 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IG25077325

California Regional Multiple Listing Service (CRMLS)

APN: 5423-024-004