$1,450,000 Price Analysis   ♡   Los Angeles, CA 90026 6 bed 3 bath 2,288 SqFt ($633/SqFt) 3,828SqFt lot. Built 1923 Listed 2021-03-08, Taxes $11,518 | Ⓧ USDA Ineligible due to price & location near Los Angeles |
WOW!!!
POSSIBLE $500k DOWN WITH BUILT-IN FINANCING, NO LOAN FEES, IMMEDIATE CASH-FLOW!! EXCEPTIONAL SILVER LAKE Corner Property! VACANT 2 Bedroom + Basement Owner's Unit that already has improvements, ongoing! Make it yours - Colors and More! OR, Rent this Vacancy AT Top Dollar Market Rates! Hidden away Silver Lake Corner Property with a Woodsy Curb Appeal. Assumable First Trust Deed: $820, 000 5% FIXED Interest, with NO pre-pay fees and NO Loan Fees for the Assumption, payable $3, 417/month! Wonderful LUSH LANDSCAPE with Each Unit Private from the other units! Classic Character throughout! (circa 1923) Pre-Depression Construction (built better those days!).
THREE Units Include the following: UNIT ONE: VACANT 2 Bed--1 Bath Owner's Unit (in cludes a Private Lower Level Basement - Estimated Rental Value: $4, 000/month). Plus UNIT TWO: 2 Bed--1 Bath Unit (Rented for $1, 883/month). Plus UNIT THREE: 1 Bed--1 Bath Unit ALL UPDATED with pictures online (Estimated Rental Value: $2, 750/month). Great Silver Lake Location! A lovely Woodsy Setting. Storage Structure included in back with Laundry Area! Every Unit has a Private Entrance. Exterior Newly Painted and so much more! Emotional and Exciting Offering, must see to appreciate! INCOME DETAILS BELOW are based upon projected rent and expenses are based upon Property Taxes and Utlities. Don't miss this one!
Presented by Bruce Jay at
Bruce Jay Associates.
Property MLS #21-702482 from TheMLSCLAW
Full Bathrooms: 3
Heating Features: Combination, Central
Lot Size Source: Assessor
Lot Size Square Feet: 3828
Parking Total: 2
Other Equipment: Built-Ins, Garbage Disposal, Washer, Refrigerator, Range/Oven, Dryer, Dishwasher
Calculated Total Monthly Association Fees: 0
Number of Units: 3
Unit Features: 1 BedsTotal: 2, 1 BathsTotal: 1, 1 SquareFeet: 4000, 2 BedsTotal: 2, 2 BathsTotal: 1, 2 SquareFeet: 3000, 3 BedsTotal: 1, 3 BathsTotal: 1, 3 SquareFeet: 2750
County: Los Angeles
Cross Street: Marathon
Cap Rate: 7
Directions: West of Silver Lake Blvd. on the Corner of N. Dillon Street and Marathon Street
Source Property Type: Residential Income
Area: Silver Lake - Echo Park
Source Neighborhood: Silver Lake - Echo Park
Owner Pays: Water, Gardener
Parcel Number: 5426-013-003
Postal Code Plus 4: 6205
Zoning: LARD1.5
Management Company: Bruce Jay Associates
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $285,600 + $673,200 $958,800 | $11,518 |
| 2021 | $280,000 + $660,000 $940,000 | $11,372 |
| 2020 | $130,393 + $195,599 $325,992 | $4,150 |
| 2019 | $127,837 + $191,764 $319,601 | $3,992 |
| 2018 | $125,331 + $188,004 $313,335 | $3,944 |
| 2017 | $122,874 + $184,318 $307,192 | $3,857 |
| 2016 | $120,465 + $180,704 $301,169 | $3,748 |
| 2015 | $118,656 + $177,990 $296,646 | $3,694 |
| 2014 | $116,332 + $174,504 $290,836 | $3,716 |
| 2013 | $115,807 + $173,716 $289,523 | $3,716 |
| 2012 | $113,537 + $170,310 $283,847 | $3,764 |
| 2010 | $111,311 + $166,971 $278,282 | $3,696 |
| 2009 | $110,743 + $166,118 $276,861 | $3,565 |
| 2009 | $110,480 + $165,724 $276,204 | $3,565 |
| 2008 | $108,572 + $162,861 $271,433 | $3,418 |
| 2007 | $106,444 + $159,668 $266,112 | $3,298 |
$1,450,000
TheMLSCLAW
Price Changed 2023-12-26
$1,525,000
TheMLSCLAW
Price Changed 2021-10-12
$1,695,000
TheMLSCLAW
Price Changed 2021-04-27
$1,795,000
TheMLSCLAW
Listing removed 2021-03-09
$0
TheMLSCLAW
Listed 2021-03-08
$1,850,000
TheMLSCLAW
Listed 2021-02-05
$1,850,000
TheMLSCLAW
Sold 2020-07-04
$940,000
TheMLSCLAW
Price Changed 2020-04-09
$995,000
TheMLSCLAW
Listed 2020-03-06
$1,200,000
TheMLSCLAW
Sold 1988-12-23
$190,000
Public Record
Year Built: 1923
Direction Faces: West
Levels: Two Level
Living Area Source: Vendor Enhanced
Property Age: 101
Property Condition: Updated/Remodeled
House Style: Spanish
Year Built Source: Vendor Enhanced
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.