$1,299,000
$200K PRICE DROP

700 N Dillon St Los Angeles, CA 90026

Estimated payment $8,477/month

Total Views 5,474
7 Beds
3 Baths
2,366 Sq Ft
$549 Price per Sq Ft

Highlights

  • Spanish Architecture
  • Ceiling Fan
  • Floor Furnace

About This Home

Outstanding investment opportunity in the heart of Silver Lake just blocks from popular Sunset Junction. This versatile triplex consists of a single-family front house and duplex in the rear, ideal for an owner/user seeking passive income or for investors looking for a high demand location. The front unit is a charming Spanish-style 3BR/1BA home with 1,216sf featuring original hardwood floors, spacious living room, formal dining room, remodeled bathroom with dual sinks and private backyard. There is potential to add a second bathroom to the house. Behind the front house is a detached 2-story duplex with two 2BR/1BA units at 575 sq ft. each. The entire triplex is being delivered with tenants that are all month-to-month and has great upside potential. The large lot offer possible expansion (buyer to verify). Gated and secure with driveway and parking for four cars, the property is located minutes from cafes, shops, major transit and one mile away from the Silver Lake Reservoir running trail, picnic area and dog park. With an array of eclectic boutiques, artisanal bakeries, and world-class dining just around the corner, this property places you in the heart of it all. Whether you're looking to add to your portfolio or occupy one unit while generating income from the others, this is a rare chance to own in one of L.A.'s most in-demand rental markets.

Listing Agent

Susan L Andrews

Compass License #01425843 Listed on: 06/23/2025

Compass

Co-Listing Agent

Martin Withrow

Compass License #01951882

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,786

Year Built

  • Built in 1959

Lot Details

  • 6,304 Sq Ft Lot
  • Property is zoned LAR2

Home Design

  • Spanish Architecture

Interior Spaces

  • 2,366 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Oven or Range

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Bathrooms

Parking

  • 4 Parking Spaces
  • Uncovered Parking

Utilities

  • Floor Furnace

Community Details

  • 3 Units
  • Rent Control

Listing and Financial Details

  • Assessor Parcel Number 5401-018-011

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,786

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: Spanish
  • Levels: Two
  • Street Number Display: Yes
  • Living Area: 2366
  • Lot Acreage: 0.1447
  • Stories: 2
  • Year Built: 1959
  • Number Of Photos: 23
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 7
  • Common Walls: Detached/No Common Walls
  • Total Bathrooms: 3.00
  • Equipment: Range/Oven, Refrigerator, Ceiling Fan
  • Price Per S Q F T: 549.03

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Uncovered, Parking Space
  • Total Parking: 4

Utilities

  • Cooling: Ceiling Fan
  • Heating: Floor Furnace

Lot Info

  • Assessed Improvement Percent: 34.43
  • Assessed Improvement Value: 468515
  • Assessed Land Percent: 65.57
  • Assessed Land Value: 892413
  • Total Assessed Value: 1360928
  • Assessor Parcel Number: 5401-018-011
  • Lot Size Area: 6304

Rental Info

  • Total Actual Rent: 11296.00
  • Rent Control: Yes

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Number Of Units: 3
  • Rent Control: 100
  • Total Annual Expense: 0
  • Type Of Units: Triplex
  • Vacancy Rate: 0

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 $16,786 $1,388,146 $910,261 $477,885
2024 $16,786 $1,360,928 $892,413 $468,515
2023 $16,462 $1,334,244 $874,915 $459,329
2022 $15,698 $1,308,083 $857,760 $450,323
2021 $15,505 $1,282,436 $840,942 $441,494
2020 $15,663 $1,269,288 $832,320 $436,968
2019 $15,043 $1,244,400 $816,000 $428,400
2018 $14,916 $1,220,000 $800,000 $420,000
2017 $10,020 $820,000 $530,600 $289,400
2016 $9,975 $820,000 $530,600 $289,400
2015 $9,977 $820,000 $530,600 $289,400
2014 $9,034 $723,000 $467,800 $255,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/06/2025 08/06/25 Price Changed $1,299,000 -3.7% $549 / Sq Ft
07/14/2025 07/14/25 Price Changed $1,349,000 -10.0% $570 / Sq Ft
06/23/2025 06/23/25 For Sale $1,499,000 +22.9% $634 / Sq Ft
10/17/2017 10/17/17 Sold $1,220,000 +1.7% $516 / Sq Ft
09/07/2017 09/07/17 For Sale $1,200,000 -- $507 / Sq Ft
Source: The MLS

Purchase History

Date Type Sale Price Title Company
Grant Deed $1,220,000 Lawyers Title
Interfamily Deed Transfer -- Lawyers Title
Quit Claim Deed -- None Available
Interfamily Deed Transfer -- Alliance Title Company
Grant Deed $850,000 Equity Title Company
Grant Deed $667,000 Commonwealth Title
Grant Deed $547,000 Landamerica Commonwealth
Quit Claim Deed $30,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $613,500 New Conventional
Previous Owner $133,450 Credit Line Revolving
Previous Owner $637,500 New Conventional
Previous Owner $645,000 New Conventional
Previous Owner $127,500 Credit Line Revolving
Previous Owner $637,500 Purchase Money Mortgage
Previous Owner $210,000 Unknown
Previous Owner $466,900 Purchase Money Mortgage
Previous Owner $492,300 Purchase Money Mortgage
Closed $200,000 No Value Available
Source: Public Records

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Source: The MLS

MLS Number: 25555527

The MLS

APN: 5401-018-011