NOT LISTED FOR SALE

3026 & 3028 Fall Ave Los Angeles, CA 90026

Estimated Value: $1,767,000 - $2,643,942

4 Beds
3 Baths
2,529 Sq Ft
$937/Sq Ft Est. Value

Last Sold June 30, 2023

Last sale price $2,500,000 $989 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $15,703/month

19 Days on Market

Highlights

  • Primary Bedroom Suite
  • Panoramic View
  • Living Room with Fireplace
  • John Marshall Senior High Rated A
  • Deck
  • 4-minute walk to Silver Lake Dog Park

About This Home

As of June 2023

Nestled in the hills of Silver Lake is a one-of-a-kind corner lot duplex. This 'two on a lot' offers the best of hillside living with unobstructed views, incomparable natural light, and 2 homes that are unique and wonderfully updated. The 2 structures consist of a beautiful Spanish home built in 1927 w/ 2 bedrooms & 2 bathrooms and an adjacent accessory studio. The other structure is a Craftsman bungalow with 1 bedroom, 1 bathroom added in 1947. The charming bungalow makes wonderful rental and is approx. 710 sq ft; has updated kitchen, laundry room, garage, HVAC and a large private concrete patio. The Spanish house floats above on the corner and is approx. 1,425 sq ft, featuring a 2-car garage, hickory wood floors, breathtaking view, a unique entry w/concrete tiles, and a custom wood arch. The light-filled updated kitchen has marmoleum floors, wood, & lacquered cabinets. The living rm has a rebuilt /working fireplace, original coved ceiling, & custom windows designed to maximize the views. The secondary bedroom/office has a custom built-in murphy bed. The primary bedroom large walk-in-closet and en suite bathroom w/sunken shower lined in handcrafted Heath tile, a custom vanity encased in sustainable Durat, The secondary bathroom has a vintage refurbished clawfoot tub w/chic tile surround. There is also a laundry rm w/additional storage. Adjacent to this home is a permitted accessory/studio measuring 414 sq ft with a polished concrete flr, kitchenette and exquisite bathroom. This space is incredibly versatile & gives the owner endless options for use. The space leads out to a deck, and a backyard that features mature plantings, room for an outdoor dining space, & privacy. This house encompasses all there is to love about living in Silver Lake, from the 10-minute walk to La Mill, Botanica & L&E, to the views of the San Bernardino Mountains. This property has been a true labor-of-love renovation; a must-see gem that is even better in person!

Last Agent to Sell the Property

Jennifer Gainey

Compass License #01361195 Listed on: 04/28/2023

Compass

Last Buyer's Agent

David Yashar

Keller Williams Realty License #01102638

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $30,950

Year Built

  • Built in 1927

Lot Details

  • 8,817 Sq Ft Lot
  • Drip System Landscaping
  • Sprinklers on Timer

Parking

  • 3 Car Garage
  • 2 Open Parking Spaces

Property Views

  • Panoramic
  • Woods
  • Reservoir
  • Mountain

Home Design

  • Duplex

Interior Spaces

  • 2,529 Sq Ft Home
  • Formal Entry
  • Living Room with Fireplace
  • Dining Room

Kitchen

  • Gas Cooktop
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Linoleum
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Suite
  • Studio bedroom
  • Walk-In Closet
  • Dressing Area
  • Remodeled Bathroom
  • 3 Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Outdoor Features

  • Balcony
  • Deck
  • Open Patio
  • Front Porch

Additional Homes

  • Accessory Dwelling Unit (ADU)

Utilities

  • Central Heating and Cooling System
  • Sewer in Street

Community Details

  • 3 Buildings
  • 2 Units

Listing and Financial Details

  • Tenant pays for gas, electricity, cable TV, trash collection, water
  • The owner pays for gardener, water
  • Assessor Parcel Number 5431-031-001

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$30,950

Year Built

Built in 1927

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential Income
  • Style: Architectural
  • Street Number Display: Yes
  • Entry Location: Foyer
  • Living Area: 2529
  • Lot Acreage: 0.2024
  • Year Built: 1927
  • Number Of Photos: 66
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Number Dishwasher: 3
  • Number Disposal: 2
  • Number Range: 2
  • Number Refrigerator: 2
  • Fireplace Rooms: Living Room
  • Flooring: Wood, Tile, Linoleum
  • Appliances: Free Standing Gas, Cooktop - Gas
  • Bedrooms: 4
  • Bedroom Features: Master Suite, WalkInCloset, Dressing Area
  • Bathroom Features: Shower and Tub, Remodeled
  • Dining Room: 1
  • Family Room: 0
  • Kitchen Features: Remodeled
  • Laundry: Inside, Laundry Area, Room
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Garbage Disposal, Dishwasher, Hood Fan, Gas Or Electric Dryer Hookup
  • Price Per S Q F T: 869.91

Exterior Features

  • Other Structures: Accessory Dwelling Unit
  • Patio: Balcony, Patio Open, Porch - Front, Deck(s)
  • Pool: No
  • Spa Yn: No
  • View: Panoramic, Trees/Woods, Reservoir, Mountains
  • View: Yes

Garage/Parking

  • Garage Spaces: 3
  • Other Spaces: 2
  • Covered Parking: 3
  • Garage Structures: 2
  • Parking Garage: Private Garage
  • Total Parking: 4

Utilities

  • Cooling: Central
  • Heating: Central
  • Number Electric Meters: 2
  • Number Gas Meters: 2
  • Number Water Meters: 2
  • Sewer: In Street Paid
  • Water: Public
  • Water Expense: 136.00

Fee Information

  • Insurance Expense: 127.00

Lot Info

  • Sprinklers: Drip System, Sprinkler Timer
  • Assessed Improvement Percent: 29.02
  • Assessed Improvement Value: 322228
  • Assessed Land Percent: 70.98
  • Assessed Land Value: 788104
  • Total Assessed Value: 1110332
  • Assessor Parcel Number: 5431-031-001
  • Lot Size Area: 8817

Rental Info

  • Owner Pays: Gardener, Water
  • Tenant Pays: Gas, Electricity, Cable TV, Trash Collection, Water

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 6000.00
  • Number Of Units: 2
  • Total Annual Expense: 413
  • Type Of Units: Duplex
  • Vacancy Rate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2023
Closed on
Jun 13, 2023
Sold by
Maria K Neuman Revocable Trust
Bought by
Naimi Rodd
Seller's Agent
Jennifer Gainey
Compass
Buyer's Agent
David Yashar
Keller Williams Realty
List Price
$2,200,000
Sold Price
$2,500,000
Premium/Discount to List
$300,000
13.64%
Total Days on Market
19
Views
40
Current Estimated Value
$2,369,486

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$130,514
Avg. Annual Appreciation
-1.11%

Purchase Details

Closed on
May 13, 2020
Sold by
Neuman Maria
Bought by
Neuman Maria and The Maria K Neuman Revocable T

Purchase Details

Closed on
Mar 24, 2005
Sold by
The September 2002 Judy Ann Nakane Famil
Bought by
Neuman Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$626,250
Interest Rate
1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 16, 2002
Sold by
Nakane Judy N
Bought by
Wong Margie and September 2002 Judy N Nakane F

Purchase Details

Closed on
Nov 4, 1994
Sold by
Nakane Judy N
Bought by
Nakane Judy N and Judy Nakane Trust
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
Naimi Rodd $2,500,000 Provident Title Company
Neuman Maria -- None Available
Neuman Maria $835,000 California Title Company
Wong Margie -- --
Nakane Judy N -- --
Nakane Judy N -- --
Nakane Judy N -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Naimi Rodd $2,000,000
Previous Owner Maria K Neuman Revocable Trust $218,500
Previous Owner Neuman Maria $110,000
Previous Owner Neuman Maria K $25,000
Previous Owner Neuman Maria $640,000
Previous Owner Neuman Maria $626,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2023 06/30/23 Sold $2,500,000 +13.6% $989 / Sq Ft
05/17/2023 05/17/23 Pending -- -- --
04/28/2023 04/28/23 For Sale $2,200,000 -- $870 / 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
2024 $30,950 $2,550,000 $1,938,000 $612,000
2023 $13,941 $1,132,538 $803,866 $328,672
2022 $13,292 $1,110,332 $788,104 $322,228
2021 $13,128 $1,088,561 $772,651 $315,910
2020 $13,262 $1,077,400 $764,729 $312,671
2019 $12,735 $1,056,276 $749,735 $306,541
2018 $12,625 $1,035,566 $735,035 $300,531
2016 $12,067 $995,356 $706,494 $288,862
2015 $11,890 $980,406 $695,882 $284,524
2014 $11,789 $949,463 $682,251 $267,212
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 23-262993

The MLS

APN: 5431-031-001