NOT LISTED FOR SALE
5 Beds
3 Baths
2,280 Sq Ft
0.26 Acres

Last Sold August 01, 2023

Last sale price $1,939,000 $850 Per Sq Ft

15 Days on Market

Highlights

  • 0.26 Acre Lot
  • Craftsman Architecture
  • Private Yard
  • Ivanhoe Elementary Rated A-
  • Community Lake
  • No HOA

About This Home

As of August 2023

Welcome to a remarkable opportunity in Silver Lake, California - Two separate homes nestled on a premium 11,300 sq. ft. piece of land in a desirable neighborhood. This charming property offers the perfect combination of urban living and potential income generation, making it an ideal choice for both investors and homebuyers. The front home is a light filled 3 bedroom, 2 bath with open living and dining rooms, 2 remodeled bathrooms, kitchen with new appliances and high wood beam ceilings in the 3rd bedroom or optional den/family room. The back home is private, gated and filled with character and charm. There are 2 bedrooms, natural oak hardwood floors, inviting living and formal dining rooms plus an enclosed sun porch with tree top view that works well for an office or guest room. Front yard, sitting porch and privacy from the front home. Also included in the back home is a large bonus room, roughly 250 sq. ft. and a separate laundry/storage room. This unique property has been in the same family for over 40 years and both homes are delivered vacant. Recent upgrades include double pane windows, central air. Beautiful grounds to roam with multiple lounging areas, patio and garden. This unique property captures the essence of urban living while offering a tranquil retreat from the city's buzz. Coveted location close to the Silver Lake Reservoir, great shops, restaurants and vibrant neighboring communities.

Last Agent to Sell the Property

Barry Dantagnan

Coldwell Banker Realty License #01020477 Listed on: 06/26/2023

Coldwell Banker Realty

Last Buyer's Agent

Vladan Stojanovic

Compass License #01417489

Compass

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1925

Lot Details

  • 0.26 Acre Lot
  • No Common Walls
  • Private Yard

Home Design

  • Duplex
  • Craftsman Architecture
  • Entry on the 1st floor

Interior Spaces

  • 2,280 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Parking

  • 5 Open Parking Spaces
  • 7 Parking Spaces
  • 2 Detached Carport Spaces
  • Parking Available

Location

  • Urban Location

Listing and Financial Details

  • Legal Lot and Block 41 / 15
  • Tax Tract Number 2951
  • Assessor Parcel Number 5434033022

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units
  • Community Lake

Recreation

  • Hiking Trails

Building Details

  • Rent Control
  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Electric Expense $1
  • Insurance Expense $1
  • Trash Expense $1
  • Water Sewer Expense $1
  • Operating Expense $1

Property Details

Home Type

Multi-Family

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 1.00
  • Zoning: LAR1
  • Architectural Style: Craftsman
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 5434033022
  • Year Built: 1925
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 850.44

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 2.00
  • Parking: Yes
  • Parking Features: Detached Carport
  • Total Parking Spaces: 7.00
  • Uncovered Spaces: 5.00

Utilities

  • Laundry: Yes
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Trash Expense: 1.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Hiking, Lake, Sidewalks, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 10000-19999 Sqft, Yard
  • Lot Size Sq Ft: 11329.00
  • Lot Size Acres: 0.2601

Multi Family

  • Electric Expense: 1.00
  • Insurance Expense: 1.00
  • Lot Size Area: 11329.0000 Square Feet
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: Yes
  • Total Expenses: 1.00

Tax Info

  • Tax Block: 15
  • Tax Census Tract: 1951.00
  • Tax Lot: 41
  • Tax Tract Number: 2951

Range of Values:

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Value Increase
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Percent Increase
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/01/2023 08/01/23 Sold $1,939,000 -2.8% $850 / Sq Ft
07/11/2023 07/11/23 Pending -- -- --
06/26/2023 06/26/23 For Sale $1,995,000 -- $875 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR23113741

California Regional Multiple Listing Service (CRMLS)