$1,650,000 Price Analysis 1319 N Occidental BlvdLos Angeles, CA 90026 3 bed 2 bath 1,258 SqFt ($1311/SqFt) 6,795SqFt lot. Built 1921 Listed 2024-05-31, Taxes $15,012 | Ⓧ USDA Ineligible due to price & location near Los Angeles |
Plus a new 1 bedroom/1 bath ADU (additional dwelling unit) with its own separate street address. T his large, treed property is located in the vibrant and highly desirable neighborhood of Silver Lake. The front offers plenty of privacy and excellent curb appeal. The main house features an open floor plan with a cozy fireplace, stunning new floors, ceiling beams, modern stainless steel appliances and fully remodeled kitchen and bathroom. Upgrades to the house include a new 30 year roof (installed in 2021), new windows and sliding door, new appliances, AC unit and gas furnace and a newly painted house exterior. The front yard is enclosed in a redwood fence. It has a variety of fruit trees and a patio surrounded by plum trees that offer privacy, shade and beauty.
The treed backyard has serene landscaping, with lots of space to entertain. The ADU (1321 N. Occidental Blvd.) is fully permitted, offering 440 Sq. Ft. of living area set up for functionality and with high end finishes. It is fully fenced and has its own yard. It offers versatility and can be a guest house, a rental income property (it is separately metered) or even used as a private office. Recent upgrades to the whole property include: a brand new driveway, landscaping, a new backyard retaining wall, a finished 120 SqFt shed, new electrical panels and new water, gas and sewer lines tht run to the back of the property. Located within minutes of popular restaurants, coffee shops, the Silverlake Farmers Market, the iconic Silverlake dog park and the Silverlake Reservoir, this property offers the perfect blend of urban convenience with residential tranquility. Additionally, this rare large property offers the potential to build an additional 1 to 2-story ADU and transform it into a triple-income asset. Don't miss out on this incredible turn-key investment opportunity in the heart of Silver Lake!
Property MLS #BB24107767 from CRMLS
Year | Assessments Building + Land Total | Tax |
---|---|---|
2022 | $255,204 + $1,020,816 $1,276,020 | $15,012 |
2021 | $170,228 + $577,599 $747,827 | $8,840 |
2020 | $168,483 + $571,677 $740,160 | $8,930 |
2019 | $165,180 + $560,468 $725,648 | $8,570 |
2018 | $161,942 + $549,479 $711,421 | $8,563 |
2017 | $158,767 + $538,705 $697,472 | $8,371 |
2016 | $155,654 + $528,143 $683,797 | $8,188 |
2015 | $153,316 + $520,210 $673,526 | $8,067 |
2014 | $127,504 + $510,020 $637,524 | $279 |
2013 | $126,928 + $507,715 $634,643 | $7,817 |
2012 | $124,440 + $497,760 $622,200 | $7,920 |
2010 | $122,000 + $488,000 $610,000 | $6,628 |
2009 | $130,560 + $522,240 $652,800 | $8,104 |
2009 | $102,200 + $408,800 $511,000 | $8,104 |
2008 | $146,166 + $584,664 $730,830 | $8,832 |
2007 | $143,000 + $572,000 $715,000 | $8,446 |
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.