$1,725,500 Price Analysis   ♡   Los Angeles, CA 90029 4 bed 4 bath 3,436 SqFt ($502/SqFt) 5,250SqFt lot. Built 1905 Listed 2024-01-25, Taxes $9,906 | Ⓧ USDA Ineligible due to price & location near Los Angeles |
Priced to sell
* No Longer For Sale *
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Beautiful, charming with character, well maintained and remodeled 4-unit property located in Hip, Trendy - Sunset Junction neighborhood in Silverlake. Close proximity to MANY shops, restaurants and bars. All Units remodeled with nice kitchens, cabinets, counter tops, lighting and with original good condition Hardwood floors, Stone Tiles with some carpeting in offices. 2 lower units have 1 bed, 1 bath. 2 upper units: 1 bedroom, 1 office/bedroom, 1 bathroom. 1 downstairs units has a large private exceptional side yard! Building painted, 4 brand Pristine electrical panels and meters, newer double pane windows, Recoated roof, faux fireplaces in all units.
Further upside in Rents are possible for all 4 units. Property has 2 Metro subway stations nearby and many bus routes. All units include ALL APPLIANCES. Separate large 4-spot carport in the back with a 5th parking spot on the side. Nicely landscaped with orange tree and low-quat trees in the back, palm trees in front. Foundation is likely about 20 years old and this is a building you will be proud to own for years. 3 units tenants on month to month, 4th on a lease. PLEASE DO NOT DISTURB TENANTS OR KNOCK ON DOORS. Perfect to owner occupy or as full rental property. Showings are pretty easy. Just passed the Los Angeles Housing Dept's rigorous inspction of all 4 units and the building!
Presented by Randy A. Wright at
Christie's AKG.
Property MLS #23-242321 from TheMLSCLAW
Bedroom 1 Features: Master Bedroom
Full Bathrooms: 4
Bathroom 1 Features: Tile, Shower Over Tub, Remodeled, Low Flow Toilet(s)
High Ceilings (9 Feet+)
Turnkey
Flooring: Mixed, Hardwood, Carpet, Porcelain, Granite, Laminate, Vinyl Tile
Window Features: Double Pane Windows, Mini Blinds, Screens, Vertical Blinds
Cooktop - Gas
Gas
Microwave
Oven
Oven-Gas
Laundry Facilities: In Unit, Room
Laundry Features: In Unit, Room
Remodeled
Tile Counters
Kitchen Features: Quartz Counters, Remodeled, Tile Counters
Fireplace Features: Decorative, Master Bedroom
Heating Features: Wall, Natural Gas
Garage Description: Assigned, Carport Detached, Driveway
Parking Total: 8
Patio Features: Balcony, Patio Open, Deck(s), Porch - Front, Porch - Rear
Lot Size Acres: 0.1205234
Lot Size Source: Vendor Enhanced
Lot Size Square Feet: 5250
Other Equipment: Cable, Antenna, Garbage Disposal, Dryer, Dishwasher, Hood Fan, Microwave, Refrigerator, Range/Oven, Vented Exhaust Fan, Washer
Security Features: Carbon Monoxide Detector(s), Fire and Smoke Detection System, Smoke Detector, Window Bars
Gross Income: 123636
Tenant Pays: Gas, Electric, Cable TV, Special Insurance Insurance, Trash
Calculated Total Monthly Association Fees: 0
Number of Units: 4
Unit Features: 1 BedsTotal: 1, 1 BathsTotal: 1, 1 SquareFeet: 2750, 2 BedsTotal: 2, 2 BathsTotal: 1, 2 SquareFeet: 3000, 3 BedsTotal: 2, 3 BathsTotal: 1, 3 SquareFeet: 3000, 4 BedsTotal: 1, 4 BathsTotal: 1, 4 SquareFeet: 2500
Partial Copper Plumbing
Historical
Source Listing Status: Sold
County: Los Angeles
Cap Rate: 5.3
Directions: Drive West on Sunset Blvd, turn left on Bates Ave, right on Gateway.
Source Property Type: Residential Income
Area: Silver Lake - Echo Park
Source Neighborhood: Silver Lake - Echo Park
Number of Separate Gas Meters: 4
Owner Pays: Water, Gardener
Parcel Number: 5429-004-012
Postal Code Plus 4: 2120
Property Location: City
Zoning: LAR2
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $331,406 + $473,441 $804,847 | $9,906 |
| 2021 | $324,908 + $464,158 $789,066 | $9,772 |
| 2020 | $321,577 + $459,399 $780,976 | $9,867 |
| 2019 | $315,272 + $450,392 $765,664 | $9,485 |
| 2018 | $309,091 + $441,561 $750,652 | $9,382 |
| 2017 | $303,031 + $432,903 $735,934 | $9,180 |
| 2016 | $297,090 + $424,415 $721,505 | $8,948 |
| 2015 | $292,628 + $418,040 $710,668 | $8,820 |
| 2014 | $286,896 + $409,852 $696,748 | $8,870 |
| 2013 | $285,600 + $408,000 $693,600 | $8,870 |
| 2012 | $277,437 + $499,388 $776,825 | $10,214 |
| 2010 | $271,998 + $489,597 $761,595 | $10,000 |
| 2009 | $270,608 + $487,093 $757,701 | $9,639 |
| 2009 | $269,966 + $485,938 $755,904 | $9,639 |
| 2008 | $265,302 + $477,543 $742,845 | $9,230 |
| 2007 | $260,100 + $468,180 $728,280 | $8,922 |
$0
TheMLSCLAW
Listed 2024-06-10
$1,899,000
TheMLSCLAW
Sold 2023-05-09
$1,707,000
TheMLSCLAW
Listing removed 2013-06-03
$1,850
TheMLSCLAW
Price Changed for rent 2013-05-30
$1,850
TheMLSCLAW
Listed for rent 2013-05-29
$1,950
TheMLSCLAW
Listing removed 2006-03-06
$1,049,000
ITECH
Listed 2005-09-06
$1,049,000
ITECH
Listing removed 2005-01-01
$699,000
ITECH
Sold 2004-12-08
$700,000
ITECH
Listed 2004-09-16
$709,000
ITECH
Listed 2004-05-12
$699,000
ITECH
Sold 1988-08-02
$235,000
Public Record
Sold 1987-04-10
$200,000
Public Record
Sold 1981-02-06
$105,000
Public Record
Year Built: 1905
Building Exterior Type: Stucco
Common Walls: Attached
Direction Faces: East, South
Entry Location: Ground Level - no steps
Levels: Two Level
Living Area Source: Vendor Enhanced
Property Age: 119
Property Condition: Updated/Remodeled
Roof: Flat, Rolled/Hot Mop
Levels or Stories: 2
Building Total Stories: 2
House Style: Modern
Year Built Source: Vendor Enhanced
Architectural Style: Modern
Television: Cable TV, TV Satellite Dish
Map directions Map directions Map directions Map directionsThe 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.