$1,999,000 Price Analysis 3121 Silver Lake BlvdLos Angeles, CA 90039 4 bed 4 bath 2,007 SqFt ($996/SqFt) 4,850SqFt lot. Built 1929 Listed 2024-05-08, Taxes $9,223 | Ⓧ USDA Ineligible due to price & location near Los Angeles |
This property consist of four fully remodeled 1 bed, 1 bath units. One unit is can be used for an owner to live in. All 4 have been remodeled and rent quickly. Additionally, per a builder, you can create 2 ADU's! You may make two additional studios with the 4 garages or make one big unit. Conservatively, if you make one unit with the garages, you could get you another approximate $2, 200 and you would still be able to build another ADU on the property.
Current gross income is approximately $9, 400 a month with upside for rental increases. That will bring you to a total of $11, 600/mo once the garage ADU is completed and $14, 000 if you build both ADU's. It s in a fantastic Atwater location and is a nice property with plenty of neighborhood parking conveniently located within a couple blocks of Atwater Village Farmer's Market!
Presented by Travis Ely at
Travis Ely.
Property MLS #WS24092853 from CRMLS
Year | Assessments Building + Land Total | Tax |
---|---|---|
2021 | $234,810 + $514,656 $749,466 | $9,223 |
2020 | $232,403 + $509,379 $741,782 | $9,314 |
2019 | $227,847 + $499,392 $727,239 | $8,952 |
2018 | $223,380 + $489,600 $712,980 | $8,847 |
2017 | $219,000 + $480,000 $699,000 | $8,655 |
2016 | $108,085 + $120,095 $228,180 | $3,005 |
2015 | $106,462 + $118,292 $224,754 | $2,965 |
2014 | $104,377 + $115,975 $220,352 | $3,001 |
2013 | $103,906 + $115,451 $219,357 | $3,001 |
2012 | $101,869 + $113,188 $215,057 | $3,040 |
2010 | $99,872 + $110,969 $210,841 | $2,987 |
2009 | $99,362 + $110,402 $209,764 | $2,884 |
2009 | $99,126 + $110,140 $209,266 | $2,884 |
2008 | $97,414 + $108,238 $205,652 | $2,771 |
2007 | $95,504 + $106,116 $201,620 | $2,677 |
The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.