$1,880,000 Price Analysis   ♡   Los Angeles, CA 90026 4 bed 3 bath 3,157 SqFt ($595/SqFt) 4,314SqFt lot. Built 1927 Listed 2024-07-08, Taxes $13,533 | Ⓧ USDA Ineligible due to price & location near Los Angeles |
A truly unique Spanish duplex nestled in the heart of Silver Lake.
This exceptional property offers a rare opportunity for both owner-occupiers and investors. The duplex features a vast 3-bedroom (third bedroom is converted den), 2-bath unit downstairs and a charming 2-bedroom, 1-bath unit upstairs. Both units are adorned with attractive hardwood floors, flooded with natural light and offer stunning downtown views. Situated on one of Silver Lake's premier streets, this property promises a serene living experience in a highly sought-after neighborhood, close to the reservoir and all of Silver Lake's vibrant amenities.Inside, residents will fall in love with the timeless appeal of original hardwood flooring, Batchelder-type decorative fireplaces and authentic moldings reminiscent of vintage LA apartments.
The large backyard, with its mature fruit trees, rose bushes and a balcony, creates a sense of home and sanctuary.Located 0.2 miles from Sunset Blvd, this property is perfectly positioned to embrace the vibrant energy of the Hollywood-Silver Lake area. Its transit-friendly and walkable location provides easy access to a plethora of entertainment venues, cultural attractions and dining options, enriching the residential experience.With its prime location and promising income potential, 1664 Elevado is an attractive investment opportunity for apartment operators seeking immediate returns and long-term wealth preservation. It is also ideal for owner-occupiers looking for a private residence with the advantage of rental income. Gas and electrical utilities are separately metered for convenience. Excellent market rents make this property an even more compelling investment. Don't miss this opportunity to own a piece of Silver Lake's charm and character.
Presented by Gina Isaac at
Nourmand & Associates - Hollywood.
Property MLS #24-412452 from TheMLSCLAW
Full Bathrooms: 3
Bathroom 1 Features: Tile, Shower and Tub
Basement - Partial
High Ceilings (9 Feet+)
Flooring: Wood
Oven-Gas
Laundry Facilities: In Unit, Room
Laundry Features: In Unit, Room
Heating Features: Central, Wall
Patio Features: Patio Open, Slab
Lot Size Acres: 0.0990358
Lot Size Source: Assessor
Lot Size Square Feet: 4314
Garage Description: Garage - 2 Car, Garage Is Attached, Driveway - Concrete, Side By Side
Parking Total: 4
Other Equipment: Washer, Dryer, Range/Oven, Refrigerator
Calculated Total Monthly Association Fees: 0
Number of Units: 2
Unit Features: 1 BedsTotal: 2, 1 BathsTotal: 2, 1 SquareFeet: 6500, 2 BedsTotal: 2, 2 BathsTotal: 1, 2 SquareFeet: 4200
Tenant Pays: Air Cond/Heat Maint, Electric, Gas, Trash
High Ceilings (9 Feet+)
Partial Copper Plumbing
Source Listing Status: Active
County: Los Angeles
Directions: North of Sunset Blvd, West of Silver Lake Blvd, off of Westerly Terrace
Source Property Type: Residential Income
Area: Silver Lake - Echo Park
Source Neighborhood: Silver Lake - Echo Park
Number of Separate Electric Meters: 2
Number of Separate Gas Meters: 2
Owner Pays: Gardener, Water
Parcel Number: 5425-006-021
Postal Code Plus 4: 1642
Property Location: Hilltop, Hillside
Zoning: LAR2
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $360,566 + $772,651 $1,133,217 | $13,533 |
| 2021 | $353,497 + $757,501 $1,110,998 | $13,357 |
| 2020 | $349,873 + $749,734 $1,099,607 | $13,493 |
| 2019 | $343,013 + $735,034 $1,078,047 | $12,955 |
| 2018 | $336,288 + $720,622 $1,056,910 | $12,897 |
| 2017 | $329,695 + $706,493 $1,036,188 | $12,615 |
| 2016 | $323,231 + $692,641 $1,015,872 | $12,229 |
| 2015 | $318,376 + $682,237 $1,000,613 | $12,049 |
| 2014 | $312,140 + $668,873 $981,013 | $12,090 |
| 2013 | $310,730 + $665,851 $976,581 | $12,090 |
| 2012 | $304,638 + $652,796 $957,434 | $12,252 |
| 2010 | $298,665 + $639,997 $938,662 | $11,982 |
| 2009 | $297,138 + $636,724 $933,862 | $11,543 |
| 2009 | $296,433 + $635,214 $931,647 | $11,543 |
| 2008 | $291,312 + $624,240 $915,552 | $11,042 |
| 2007 | $285,600 + $612,000 $897,600 | $10,671 |
$1,880,000
TheMLSCLAW
Listing removed 2009-01-01
$998,500
ITECH
Listed 2008-10-09
$998,500
ITECH
Sold 2006-05-08
$880,000
ITECH
Listed 2006-02-25
$825,000
ITECH
Listing removed 2002-05-01
$2,950
ITECH
Listed for rent 2002-01-29
$2,950
ITECH
Listing removed 2001-10-09
$2,300
ITECH
Listed for rent 2001-09-18
$2,300
ITECH
Year Built: 1927
Building Exterior Type: Stucco
Common Walls: Attached
Foundation Details: Quake Bracing
Levels: Three Or More Levels
Living Area Source: Assessor
Property Age: 97
Roof: Clay
Levels or Stories: 3
Building Total Stories: 3
House Style: Spanish
Year Built Source: Assessor
Architectural Style: Spanish
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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.