NOT LISTED FOR SALE

3121 Silver Lake Los Angeles, CA 90039

Atwater Village Neighborhood

Estimated Value: $1,197,028 - $1,536,000

4 Beds
4 Baths
2,007 Sq Ft
$663/Sq Ft Est. Value

Last Sold August 05, 2016

Last sale price $699,000 $348 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $8,087/month

51 Days on Market

Highlights

  • Spanish Architecture
  • 8 Car Attached Garage
  • 3-minute walk to Glenhurst Park
  • John Marshall Senior High Rated A

About This Home

As of August 2016

Incredible investment opportunity in this well-located Atwater Village fouplex. Two individual buildings: front building features two large studios with separate kitchen and bathrooms. Rear building features two 1-bedroom apartments housed on top of 4 separate single car garages. Blocks away from all the best spots along Glendale Blvd, including Proof Bakery, 55 Degree Wine, Village Tavern, Individual Medley, Atwater's Farmers Market, and more. Current tenants are all on month-to-month leases. Massive upside to this unique property in one of LA's hottest neighborhoods. Please don't disturb Tenants.

Last Agent to Sell the Property

Abigail Dotson

MAISONRE License #01450911 Listed on: 03/27/2016

Co-Listed By

Alexander Lerner

Compass License #01995931

Last Buyer's Agent

Ken Shapiro

Silverwood Properties License #01715663

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,979

Year Built

  • Built in 1929

Lot Details

  • 4,850

Home Design

  • Quadruplex
  • Spanish Architecture
  • Stucco

Interior Spaces

  • 2,007 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Parking

  • 8 Car Attached Garage
  • Driveway

Additional Features

  • 4,850 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 2 Buildings
  • 4 Units

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 5437-004-042

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,979

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: Spanish
  • Street Number Display: Yes
  • Living Area: 2007
  • Stories: 2
  • Year Built: 1929
  • Number Of Photos: 4
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 4
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 4.00
  • Den: 0
  • Price Per S Q F T: 348.28

Exterior Features

  • Construction: Stucco
  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Covered Parking: 4
  • Parking Garage: Driveway, Garage Is Detached
  • Total Parking: 8

Utilities

  • Heating: Wall

Lot Info

  • Assessed Improvement Value: 106462
  • Assessed Land Value: 118292
  • Assessor Parcel Number: 5437-004-042
  • Geocode Override: No
  • Lot Size Area: 4850

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Number Of Units: 4
  • Total Annual Expense: 0
  • Type Of Units: Fourplex
  • Vacancy Rate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 29, 2024
Sold by
Araquel Joel
Bought by
Ja Trust and Araquel
Current Estimated Value
$1,331,507

Purchase Details

Closed on
May 23, 2016
Sold by
Marfori Crisanta M and The Marfori Family Trust
Bought by
Araquel Joel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$636,446
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Closed on
May 18, 2005
Sold by
Marfori Alfredo S A and Marfori Crisanta M
Bought by
Marfori Alfredo S A
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Ja Trust -- None Listed On Document
Araquel Joel $699,000 Ortc
Marfori Alfredo S A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ja Trust $147,000
Previous Owner Araquel Joel $1,050,000
Previous Owner Araquel Joel $71,060
Previous Owner Araquel Joel $636,446
Previous Owner Marfori Alfredo S A $235,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/05/2016 08/05/16 Sold $699,000 0.0% $348 / Sq Ft
03/27/2016 03/27/16 For Sale $699,000 -- $348 / 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 $9,979 $811,242 $557,078 $254,164
2024 $9,979 $795,336 $546,155 $249,181
2023 $9,790 $779,743 $535,447 $244,296
2022 $9,341 $764,455 $524,949 $239,506
2021 $9,224 $749,466 $514,656 $234,810
2019 $8,952 $728,019 $499,392 $228,627
2018 $8,848 $713,760 $489,600 $224,160
2016 $3,006 $228,180 $120,095 $108,085
2015 $2,965 $224,754 $118,292 $106,462
2014 $3,001 $220,352 $115,975 $104,377
Source: Public Records

Agents Affiliated with this Home

  • Abigail Dotson

    Seller's Agent in 2016

    Abigail Dotson

    MAISONRE

    (310) 210-0940

    58 Total Sales

    Abigail Dotson
    Section Image
  • Alexander Lerner

    Seller Co-Listing Agent in 2016

    Alexander Lerner

    Compass

    (310) 633-4091

    1 in this area

    31 Total Sales

    Alexander Lerner
    Section Image
  • Ken Shapiro

    Buyer's Agent in 2016

    Ken Shapiro

    Silverwood Properties

    (805) 415-8602

    2 in this area

    51 Total Sales

    Ken Shapiro
    Section Image
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Map

Source: The MLS

MLS Number: 16-110138

The MLS

APN: 5437-004-042

California Los Angeles County Los Angeles 90039 Atwater Village

3121 Silver Lake, Los Angeles, CA

This home is located at 3121 Silver Lake, Los Angeles, CA 90039 since 27 March 2016 and is currently estimated at $1,331,507, approximately $663 per square foot. This property was built in 1929. 3121 Silver Lake is a home located in Los Angeles County with nearby schools including Atwater Avenue Elementary, Irving STEAM Magnet School, and John Marshall Senior High.

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The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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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