NOT LISTED FOR SALE

4248 Gateway Ave Los Angeles, CA 90029

Silver Lake Neighborhood

Estimated Value: $1,169,000 - $1,385,000

2 Beds
2 Baths
1,680 Sq Ft
$770/Sq Ft Est. Value

Sale Details

Date Sold: December 6, 2016

Last sale price $960,000 $571 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $8,235 / mo

19 Days on Market

Highlights

  • 2 Car Garage
  • Central Heating and Cooling System
  • 1-Story Property
  • John Marshall High School Rated A

About This Home

As of December 2016

Immaculate Silver Lake duplex on a corner lot to be delivered without tenants! Boasting two mirror image floor plans, both tastefully updated. Charming entry ways on both Bates and Gateway lend a feeling of privacy and separation for these 1 bedroom, 1 bath homes. The light drenched open-plan living spaces allow for modern, easy living with wood floors, recessed lighting and freshly updated kitchens leading to a redwood deck. Each kitchen features new cabinets, stainless steel appliances, and ample storage and counter space to craft a meal and entertain with friends. Rounding out each home is an on-trend bathroom and spacious bedroom with generous closet space. Both units also feature central heat/air, tankless water heaters, dishwashers, updated plumbing, and a large driveway with 2 car detached garage. All of this on a quiet street convenient to Silver Lake favorites Malo, Dinosaur Coffee, El Cid and all that Sunset Junction has to offer.

Last Agent to Sell the Property

Eugene Ridenour

Compass License #01352359 Listed on: 10/13/2016

Compass

Co-Listed By

Courtney Smith

Compass License #01406768

Last Buyer's Agent

David Makabi

KW Westside Estates License #01901978

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1922

Lot Details

  • 5,662

Home Design

  • Duplex

Interior Spaces

  • 1,680 Sq Ft Home
  • 1-Story Property
  • Stacked Washer and Dryer Hookup

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Parking

  • 2 Car Garage
  • Driveway

Additional Features

  • 5,662 Sq Ft Lot
  • Central Heating and Cooling System

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 5429-004-015

Property Details

Home Type

Multi-Family

Year Built

Built in 1922

Lot Details

5,662 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Advertising Remarks: Immaculate Silver Lake duplex on a corner lot to be delivered without tenants! Boasting two mirror image floor plans, both tastefully updated. Charming entry ways on both Bates and Gateway lend a feeling of privacy and separation for these 1 bedroom, 1 bath homes. The light drenched open-plan living spaces allow for modern, easy living with wood floors, recessed lighting and freshly updated kitchens leading to a redwood deck. Each kitchen features new cabinets, stainless steel appliances, and ample storage and counter space to craft a meal and entertain with friends. Rounding out each home is an on-trend bathroom and spacious bedroom with generous closet space. Both units also feature central heat/air, tankless water heaters, dishwashers, updated plumbing, and a large driveway with 2 car detached garage. All of this on a quiet street convenient to Silver Lake favorites Malo, Dinosaur Coffee, El Cid and all that Sunset Junction has to offer.
  • Living Area: 1680
  • Stories: 1
  • Year Built: 1922
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 2
  • Total Bathrooms: 2.00
  • Equipment: Dishwasher, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Stackable W/D Hookup
  • Price Per S Q F T: 535.12

Exterior Features

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

Garage/Parking

  • Parking Garage: Driveway - Concrete, Garage - 2 Car, Garage Is Detached
  • Total Parking: 4

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Assessed Improvement Value: 280629
  • Assessed Land Value: 424568
  • Assessor Parcel Number: 5429-004-015
  • Geocode Override: No
  • Lot Size Area: 5662

Multi Family

  • Unit Type: 2106, 2107
  • Number Of Units: 2
  • Rent Control: 100
  • Type Of Units: Duplex

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 13, 2016
Closed on
Nov 3, 2016
Sold by
Bought by
Seller's Agent
Eugene Ridenour
Compass
Buyer's Agent
David Makabi
KW Westside Estates
List Price
$899,000
Sold Price
$960,000
Premium/Discount to List
$61,000
6.79%
Current Estimated Value
$1,293,399

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$333,399
Avg. Annual Appreciation
3.13%
Original Mortgage
$768,000
Outstanding Balance
$601,860
Interest Rate
3.52%
Mortgage Type
New Conventional
Estimated Equity
$691,539

Purchase Details

Listed on
Mar 12, 2014
Closed on
Mar 25, 2014
Sold by
Bought by
Seller's Agent
Darren Hubert
Real Broker
Buyer's Agent
Eugene Ridenour
Compass
List Price
$599,000
Sold Price
$681,000
Premium/Discount to List
$82,000
13.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.95%
Original Mortgage
$533,850
Interest Rate
4.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 14, 2006
Sold by
Bought by

Purchase Details

Closed on
Jun 24, 1995
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Silver Lake, CA

  • Ashmat Delawari Real Estate Agent - Equity Union-Westside

    Ashmat Delawari

    Equity Union-Westside

    (661) 485-2112

    49 Total Sales

    1 in Silver Lake

    $2,141,167 Price

    Ashmat Delawari
     Section Image
  • Mitchell Stein Real Estate Agent - KW College Park

    Mitchell Stein

    KW College Park

    (424) 332-1466

    41 Total Sales

    1 in Silver Lake

    $1,250,000 Price

    Mitchell Stein
     Section Image
  • Emilee Jones Real Estate Agent - Compass

    Emilee Jones

    Compass

    (323) 772-5842

    5 Total Sales

    1 in Silver Lake

    $3,064,000 Price

    Emilee Jones
     Section Image
  • Giusy Mele-Brown Real Estate Agent - BHHS California Properties

    Giusy Mele-Brown

    BHHS California Properties

    (626) 313-3578

    59 Total Sales

    2 in Silver Lake

    $1,091,700 Price Range

    Giusy Mele-Brown
     Section Image
  • Marcille Dilsaver Hughes Real Estate Agent - BHHS California Properties

    Marcille Dilsaver Hughes

    BHHS California Properties

    (323) 310-4703

    40 Total Sales

    1 in Silver Lake

    $1,650,000 Price

    Marcille Dilsaver Hughes
     Section Image
  • Tracy Macrum Real Estate Agent - COMPASS

    Tracy Macrum

    COMPASS

    (213) 267-3143

    26 Total Sales

    1 in Silver Lake

    $3,218,000 Price

    Tracy Macrum
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$960,000 Lawyers Title
$681,000 Lawyers Title
-- None Available
-- Pacific Title Guaranty Compa
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $768,000
Previous Owner $530,000
Previous Owner $533,850
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/06/2016 12/06/16 Sold $960,000 +6.8% $571 / Sq Ft
11/01/2016 11/01/16 Pending -- -- --
10/13/2016 10/13/16 For Sale $899,000 +32.0% $535 / Sq Ft
04/22/2014 04/22/14 Sold $681,000 +13.7% $405 / Sq Ft View Prior Sale
03/22/2014 03/22/14 Pending -- -- --
03/12/2014 03/12/14 For Sale $599,000 -- $357 / Sq Ft
Source: The MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $13,591 $1,114,155 $835,618 $278,537
2024 $13,462 $1,092,310 $819,234 $273,076
2023 $13,202 $1,070,893 $803,171 $267,722
2022 $12,588 $1,049,896 $787,423 $262,473
2021 $12,435 $1,029,311 $771,984 $257,327
2019 $12,064 $998,784 $749,088 $249,696
2018 $11,961 $979,200 $734,400 $244,800
2016 $8,626 $705,197 $424,568 $280,629
2015 $8,501 $694,605 $418,191 $276,414
2014 $3,931 $310,135 $288,507 $21,628
Source: Public Records

Agents Affiliated with this Home

  • Eugene Ridenour Real Estate Agent - Compass

    Seller's Agent in 2016

    Eugene Ridenour

    Compass

    (323) 855-4380

    7 in this area

    56 Total Sales

    Eugene Ridenour
    Section Image

  • C

    Seller Co-Listing Agent in 2016

    Courtney Smith

    Compass

    Section Image
  • David Makabi Real Estate Agent - KW Westside Estates

    Buyer's Agent in 2016

    David Makabi

    KW Westside Estates

    (702) 260-2013

    David Makabi
    Section Image
  • Darren Hubert Real Estate Agent - Real Broker

    Seller's Agent in 2014

    Darren Hubert

    Real Broker

    (323) 898-2991

    4 in this area

    61 Total Sales

    Darren Hubert
    Section Image
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Map

Source: The MLS

MLS Number: 16-170874

The MLS

APN: 5429-004-015

California Los Angeles County Los Angeles 90029 Silver Lake

4248 Gateway Ave, Los Angeles, CA

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The MLS © 2026 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.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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