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$1,495,000   Price Analysis
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622 Maltman Ave
Los Angeles, CA 90026
2 bed 2 bath 2,161 SqFt ($691/SqFt)
7,506SqFt lot. Built 1912
Listed 2024-07-30, Taxes $7,112
Ⓧ USDA Ineligible
due to price & location

near Los Angeles

Wow! Beautiful Silver Lake craftsman home brimming with character and tons of potential.

Situated o n a open 7, 500 sqft R3 lot, this legal duplex comes with a plethora of options for any buyer: perfect for an owner user looking to live in the main home and rent out the guesthouse for extra income, renovate both units and re-lease at full market rents with the ability to convert the existing 2-car garage into an ADU or build 9 brand new multifamily units or more using state density bonuses. May also be an excellent candidate for an ED 1 100% fully affordable project. The front house, 2 bd/1 bath ~1, 500 sqft, is spacious and charming with loads of character and original features, while the back house is a 1 bd/1 bath ~700 sqft, recently rented out for $2, 800/month! Both units feature their own in-unt washer dryer.

Lots of private outdoor space for both units full of greenery with stunning views of all of LA. Located in the heart of Silver Lake within walking distance to all the trendy dining, coffee shops, shopping and entertainment spots on Sunset Blvd. Property is also situated within close proximity to Echo Park, Koreatown, Downtown LA, the 101 Freeway and so much more. Both units will be delivered vacant! Do not miss this opportunity to purchase a true gem in one of LA's hottest neighborhoods at an affordable entry price. Contact listing agent for more details or to schedule a showing!


Presented by Daniel Shamooelian at
Keller Williams Beverly Hills.


Property MLS #24-420581 from TheMLSCLAW

Bedrooms: 2

Total Bathrooms: 2
Full Bathrooms: 2

Breakfast Bar, Dining Room, Living Room

Laundry Facilities: In Unit
Laundry Features: In Unit

Cooling Features: Wall Unit(s), Wall/Window, Window Unit(s)
Heating Features: Wall

Furnished Description: Unfurnished
Flooring: Hardwood, Carpet

Dining Room Description: 1

Lot Size Acres: 0.172314
Lot Size Source: Vendor Enhanced
Lot Size Square Feet: 7506

Garage Spaces: 2
Garage Description: Covered Parking, Detached, Garage - 2 Car

View: City, Courtyard, Tree Top
Other Equipment: Ceiling Fan, Dryer, Freezer, Range/Oven, Refrigerator, Washer

Association: No
Calculated Total Monthly Association Fees: 0

Source Listing Status: Active
County: Los Angeles
Directions: East of Hoover St, West of Silver Lake Blvd, North of 101 Freeway, South of Marathon St
Source Property Type: Residential
Area: Silver Lake - Echo Park
Source Neighborhood: Silver Lake - Echo Park
Parcel Number: 5401-005-007
Postal Code Plus 4: 3519
Zoning: LAR3
Property Subtype: Single Family Residence
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$173,842 + $405,642
$579,484
$7,112
2021$170,434 + $397,689
$568,123
$7,018
2020$168,687 + $393,612
$562,299
$7,086
2019$165,380 + $385,895
$551,275
$6,811
2018$162,138 + $378,329
$540,467
$6,747
2017$158,959 + $370,911
$529,870
$6,601
2016$155,843 + $363,639
$519,482
$6,438
2015$153,503 + $358,177
$511,680
$6,346
2014$150,497 + $351,161
$501,658
$6,377
2013$149,817 + $349,574
$499,391
$6,377
2012$146,880 + $342,720
$489,600
$6,462
2010$144,000 + $336,000
$480,000
$4,547
2009$1,363 + $314,461
$315,824
$4,295
2009$1,359 + $313,715
$315,074
$4,295
2008$1,337 + $308,296
$309,633
$4,127
2007$1,311 + $302,251
$303,562
$3,955

Listing removed 2024-08-02
$0
TheMLSCLAW
Listed 2024-07-30
$1,495,000
TheMLSCLAW
Listed 2024-07-30
$1,495,000
TheMLSCLAW
Listing removed 2024-07-17
$0
TheMLSCLAW
Listed 2024-07-12
$1,800,000
TheMLSCLAW
Sold 1992-05-18
$230,000
Public Record

Total Square Feet Living: 2161
Year Built: 1912
Common Walls: Detached/No Common Walls
Levels: One Level
Living Area Source: Vendor Enhanced
Property Age: 112
Structure Type: Detached
House Style: Craftsman
Year Built Source: Vendor Enhanced
Architectural Style: Craftsman

Dayton Heights Elementary School is a public elementary school located approximately 0.3 miles away.
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Thomas Starr King Middle School is a public middle school located approximately 1.1 miles away.
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John Marshall Senior High School is a public high school located approximately 1.9 miles away.
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Los Angeles Christian Academy is a private elementary, middle and high school located approximately 0.5 miles away.
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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.