$1,999,000 Price Analysis   ♡   Los Angeles, CA 90039 4 bed 4 bath 2,007 SqFt ($996/SqFt) 4,850SqFt lot. Built 1929 Listed 2024-05-08, Taxes $9,223 | Ⓧ USDA Ineligible due to price & location near Los Angeles |
Don't miss this four unit Atwater multi-family gem located at 3121 Silver Lake Blvd.
This property consist of four fully remodeled 1 bed, 1 bath units. One unit is can be used for an owner to live in. All 4 have been remodeled and rent quickly. Additionally, per a builder, you can create 2 ADU's! You may make two additional studios with the 4 garages or make one big unit. Conservatively, if you make one unit with the garages, you could get you another approximate $2, 200 and you would still be able to build anot her ADU on the property.
Current gross income is approximately $9, 400 a month with upside for rental increases. That will bring you to a total of $11, 600/mo once the garage ADU is completed and $14, 000 if you build both ADU's. It is in a fantastic Atwater location and is a nice property with plenty of neighborhood parking conveniently lcated within a couple blocks of Atwater Village Farmer's Market!
Presented by Travis Ely at
Travis Ely.
Property MLS #WS24092853 from CRMLS
Lot Size Acres: 0.1113407
Lot Size Source: Assessor
Lot Size Square Feet: 4850
Parking Total: 4
Bedrooms in Unit-1: 1
Bedrooms in Unit-2: 1
Bedrooms in Unit-3: 1
Bedrooms in Unit-4: 1
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Total Bathrooms in Unit-3: 1
Total Bathrooms in Unit-4: 1
Rent Control: Yes
County: Los Angeles
Source Property Type: Residential Income
Insurance Expense: 2000.00
Area: 606 - Atwater
Source Neighborhood: 606 - Atwater
New Taxes Expense: 20000.00
Number of Separate Electric Meters: 4
Number of Separate Gas Meters: 4
Number of Separate Water Meters: 1
Parcel Number: 5437004042
Postal Code Plus 4: 2345
Trash Expense: 1000.00
Zoning: LAR1
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2021 | $234,810 + $514,656 $749,466 | $9,223 |
| 2020 | $232,403 + $509,379 $741,782 | $9,314 |
| 2019 | $227,847 + $499,392 $727,239 | $8,952 |
| 2018 | $223,380 + $489,600 $712,980 | $8,847 |
| 2017 | $219,000 + $480,000 $699,000 | $8,655 |
| 2016 | $108,085 + $120,095 $228,180 | $3,005 |
| 2015 | $106,462 + $118,292 $224,754 | $2,965 |
| 2014 | $104,377 + $115,975 $220,352 | $3,001 |
| 2013 | $103,906 + $115,451 $219,357 | $3,001 |
| 2012 | $101,869 + $113,188 $215,057 | $3,040 |
| 2010 | $99,872 + $110,969 $210,841 | $2,987 |
| 2009 | $99,362 + $110,402 $209,764 | $2,884 |
| 2009 | $99,126 + $110,140 $209,266 | $2,884 |
| 2008 | $97,414 + $108,238 $205,652 | $2,771 |
| 2007 | $95,504 + $106,116 $201,620 | $2,677 |
$1,999,000
CRMLS
Listing removed 2020-04-26
$0
TheMLSCLAW
Listed 2020-04-17
$1,249,000
TheMLSCLAW
Listing removed 2016-08-11
$699,000
TheMLSCLAW
Sold 2016-08-05
$699,000
Public Record
Listed 2016-03-27
$699,000
TheMLSCLAW
Sold 1984-08-15
$133,000
Public Record
Sold 1979-06-22
$81,000
Public Record
Year Built: 1929
Building Features: 2
Common Walls: 1 Common Wall
Entry Level: 1
Entry Location: Front
Property Age: 95
Property Attached: Yes
Building Total Stories: 2
Structure Type: Quadruplex
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.