$1,650,000 Price Analysis   ♡   Los 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 |
A fantastic opportunity to own a beautifully remodelled single story 2-bedroom/1 bath home
Plus a new 1 bedroom/1 bath ADU (additional dwelling unit) with its own separate street address. This 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 flors, 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 redwoo d 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 that 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
Bedrooms On Main Level: 3
Full Bathrooms: 2
Bathrooms On Main Level: 2
Bathroom 1 Features: Low Flow Shower, Low Flow Toilet(s), Dual shower heads (or Multiple), Exhaust fan(s), Remodeled, Upgraded, Walk-in shower
High Ceilings
Living Room Deck Attached
Open Floorplan
Quartz Counters
Recessed Lighting
Storage
Sump Pump
Unfurnished
Flooring: Laminate, Tile
Appliances YN: Yes
Laundry Features: Gas Dryer Hookup, Individual Room, Stackable, Washer Hookup
Fireplace Features: Fireplace: Yes
Heating Features: Central
Heating: Yes
Lot Size Acres: 0.1559917
Lot Size Source: Assessor
Lot Size Square Feet: 6795
Map directions Map directions Map directions Map directionsCounty: Los Angeles
Directions: Silver Lake Blvd and Occidental Blvd
Source Property Type: Residential
Inclusions: Refrigerator, Washer, Dryer, Stove, TV Bracket, Lighting Fixtures, Built-in Appliances, Window and Door Screens, Attached Floor Coverings, Water Purifiers, Security System/Alarm
Area: 699 - Not Defined
Source Neighborhood: 699 - Not Defined
Parcel Number: 5426001005
Postal Code Plus 4: 2224
Zoning: LAR1
Property Subtype: Single Family Residence
Source System Name: C2C
| 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 |
$1,650,000
CRMLS
Sold 2021-05-11
$1,251,000
CRMLS
Listing removed 2020-09-20
$0
ShowMojo
Listed for rent 2020-09-15
$3,850
ShowMojo
Listing removed 2011-03-15
$599,000
TheMLSCLAW
Sold 2010-07-02
$610,000
ITECH
Listing removed 2010-07-02
$599,000
TheMLSCLAW
Sold 2010-07-01
$610,000
Public Record
Listed 2010-06-02
$599,000
TheMLSCLAW
Listed 2010-05-12
$599,000
ITECH
Listed 2010-05-12
$599,000
TheMLSCLAW
Sold 2008-03-11
$640,000
ITECH
Listed 2007-10-26
$699,000
ITECH
Sold 2007-06-01
$716,500
ITECH
Listed 2007-03-14
$725,000
ITECH
Listed 2007-03-11
$725,000
ITECH
Sold 2006-07-28
$715,000
ITECH
Listed 2006-05-31
$719,000
ITECH
Sold 2004-07-27
$495,000
ITECH
Listed 2004-06-01
$475,000
ITECH
Sold 1986-09-30
$62,000
Public Record
Year Built: 1921
Common Walls: No Common Walls
Entry Level: 1
Entry Location: 1
Living Area Source: Assessor
Property Age: 103
Roof: Asphalt, Fire Retardant, Ridge Vents, Shingle
Levels or Stories: One
Building Total Stories: 1
Structure Type: House
Year Built Source: Assessor
Water Source: Public
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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.