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1426 Elevado St, Los Angeles, CA 90026
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1426 Elevado St Los Angeles, CA 90026

$2,150,000 Sold Price as of 07/31/2023
  • 6 Beds
  • 5 Baths
  • 3,249 Sq.Ft.
Sold
$2,150,000 Sold Price as of 07/31/2023 Refinance Your Mortgage
Map preview of 1426 Elevado St, Los Angeles, CA 90026

Property Overview: 1426 Elevado St Los Angeles, CA has 6 bedrooms, 5 bathrooms, 3,249 living square feet and 3,093 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Side-by-side townhouse style duplex in Prime Silverlake w/ unique striking architecture (the exterior building wall wraps around the curve of the street on the hillside) with mature trees out the windows, incredible views from everywhere, and private balconies off each unit. Unit 1428 enters into an open concept kitchen/ living/ dining room. Kitchen features a center isle w/ breakfast bar, new SS appliances (including fridge, range/oven, dishwasher, built in microwave), new quartz countertops. Alongside the 1st floor kitchen/living/dining is 1 bed + 1 bath, laundry, porch off the kitchen for al fresco dining san climbing stairs (perfect for morning coffee). Upstairs is 2 beds + 2 new full baths. Primary is en-suite. Highlight of this unit is a huge porch upstairs w/ complete privacy from the tree tops, views of the Observatory and Griffith Park in one direction & the majestic Downtown skyline in the other direction. Unit 1426 has 1 room downstairs w/ a separate entrance, perfect for an office. New spacious kitchen w/ center island, SS appliances, abundant cabinetry, quartz counters. There's 1 room half a level above the main living space floor w/ a sliding door to a balcony w/ glass railing + amazing views. 3 bedrooms + den + 2.5 baths. Laundry room. Large porch. Both units are completely newly remodeled w/ commercial grade/waterproof vinyl wood floors, new Insulation in all walls (and highest level in shared walled between units), Level 5 drywall, Lutron smart lighting thruout, Central AC, recessed lights. Two 1-car garages equipped w/ 220V charging stations + 1 storage room w/ garage doors. Charming hillside location above Sunset Blvd w/ amazing views + easy access (including via staircase across the street by foot!) to the best of Silverlake dining, parks, and entertainment. Both units delivered with tenants. 1 unit rented for 6900 starting July 1 for 1 year. 2nd Unit leased for 6500/mt starting April 15 for 1 year. Easy to show!

Listed by Sheri Bienstock | BRE #01746994 | The Bienstock Group
Last checked: 15 minutes ago | Last updated: July 31st, 2023 | Source CRMLS | DOM: 107

Home details

Lot Sq. Ft
3,093
HOA Dues
$0/mo
Year built
1921
Garage
2 Car
Property Type:
Multi Family
Status
Sold
MLS#
23253967
City
Los Angeles
County
Los Angeles
Time on Site
463 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $6,500
  • Total Rent: $6,500
  • Pro Forma/Market Rent: $6,500
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 3
  • Furnishing: Unfurnished
  • Actual Rent: $6,900
  • Total Rent: $6,950
  • Pro Forma/Market Rent: $6,950
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 13.37
  • Gross Scheduled Income: --
  • Net Operating Income: $0
  • Gross Operating Income: $160,800
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 1426 Elevado St

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Inside
Room Information
  • Flooring: Tile
Kitchen Information
  • Has Appliances
  • Dishwasher, Disposal, Microwave, Refrigerator, Range
Interior Features
  • Levels: Multi/Split
  • Security Features: Card/Code Access, Smoke Detector(s), Carbon Monoxide Detector(s)
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 2
  • Has Parking
  • Parking Features: Garage - Single Door
Lot Information
  • Lot Size Source: Assessor
Property Information
  • Has View
  • View: City Lights, Mountain(s), Hills
  • Total # of Units: 2
  • Parcel Number: 5425008018
  • Year Built Source: Assessor
  • Property Condition: Updated/Remodeled
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Location / Neighborhood
Location Information
  • Directions: N. of Sunset, W. of Silver Lake Blvd, S. of Berkley Ave, E. of Westerly Ter.
View more facts & features

Local Los Angeles Agent

Sale History for 1426 Elevado St

Last sold for $2,150,000 on July 31st, 2023

  • July, 2023

  • Jul 31, 2023

    Date

    Sold

    CRMLS: 23253967

    $2,150,000

    Price

  • Apr 2, 2023

    Date

    Active

    CRMLS: 23253967

    $2,200,000

    Price

  • March, 2023

  • Mar 26, 2023

    Date

    Canceled

    CRMLS: 23241317

    $2,195,000

    Price

  • Feb 17, 2023

    Date

    Active

    CRMLS: 23241317

    $2,350,000

    Price

  • Listing provided courtesy of CRMLS

    Newly renovated duplex in prime Silverlake! Amazing open layouts, All new Kitchens, Bathrooms, Appliances and more! Beautiful views, and located on quiet cul de sac street. 220V fast car charging for both units in separate private garages. Smart lighting throughout house. Brand new central AC. Right unit (1426) recently rented for $6500 per month, and left unit (1428) ready for owner or to be rented out as well. Easy to rent as an investment property Very high demand area, and above 6% Cap rate! Units have separate gas and electrical meters, share one water meter. SOLD AS-IS, No warranties or guarantees!

  • October, 2022

  • Oct 25, 2022

    Date

    Sold

    CRMLS: PW22152518

    $1,400,000

    Price

  • Jul 26, 2022

    Date

    Active

    CRMLS: PW22152518

    $1,599,000

    Price

  • Listing provided courtesy of CRMLS

    UNITS WILL BE DELIVERED VACANT :Great opportunity for owner/investor to own this duplex in the Silverlake district with VIEWS over looking the beautiful Los Angeles downtown skyline. The first unit offers 3 bedrooms, 2 baths with master bedroom with its own bath, large open kitchen with plenty of cabinet space, stainless steel appliances, dining area, living room and a family room. Patios off of both the family room and living room. The family room patio with a view of the LA skyline. Did I mention its has a bonus room possibly making this a 4 bedroom with inside laundry room? The 2nd unit has its own entrance with split level so basically you have the bottom level that has 1 bedroom with shower and tub, a full kitchen, large living room plenty of open space and dining area this unit is very bright and spacious as walk upstairs you have the 2nd bedroom with a very spacious living room, kitchenette and bathroom with own tub and shower and don't forget about the large entertaining patio over looking the neighborhood right off the living room . This unit has the ability to be converted to 2- 1 bedroom units which will definitely generate more income. This property also comes with 4 single car garages with plenty of storage and this duplex will be delivered vacant. Please bring your clients through to see this beauty, very rare opportunity to own a duplex in this great Silver Lake community...location location location. "Hurry this one won't last "

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Tax History for 1426 Elevado St

Assessed Value (2020): $182,211
Year Land Value Improved Value Assessed Value
2020 $52,790 $129,421 $182,211

Home Value Compared to the Market

This property vs the competition

1426 Elevado St sold on July 31, 2023 for 68.76% higher than the current median sold price for the city of Los Angeles which is $1,274,000. The median sold price per/sqft for Los Angeles is $791 and this home is sold at $661.74 per/sqft which puts the price per square foot 16.34% lower than the current median sale per square foot for the city of Los Angeles.

About 1426 Elevado St

Detailed summary of property

1426 Elevado St is a multi family that recently sold in Los Angeles, CA 90026. This multi family property offered 6 bedrooms, 5 bathrooms, roughly 3,249 living square feet, and sits on an approximately 3,093 square foot lot. 1426 Elevado St was first listed on ArdentRealEstateGroup.com on April 2, 2023. The homeowner sold the property for $2,150,000. Home in Los Angeles are selling for a median price of $1,274,000 and a median price per square foot of $791. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 68.76% higher than the current median priced home. Local homes that are currently for sale include 1115 N Madison Ave, 1432 Fairbanks Pl and 151 S Mountainview St. While the average home in Los Angeles, CA is selling in 102 days, 1426 Elevado St has a days on market of 107 days. There are currently 3917 homes for sale in the Los Angeles real estate market and 2621 of them are single family homes while 1181 of them are condos and 107 are townhomes. For more information on this home for sale at 1426 Elevado St Los Angeles, CA 90026 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1426 Elevado St

Public county record property details
Beds
6
Baths
2
Year built
1921
Sq. Ft.
3,249
Lot Size
3,093
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
175
APN
5425-008-018

The source for these homes facts are from public records.

90026 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,199,000
Median List Price/Sq.Ft.
$832
Median Sold Price
$1,796,500
Median Sold Price/Sq.Ft.
$802
Total Inventory
66
Median Sale to List Price %
112.99%
Avg Days on Market
18
Loan Type
Conventional (17.65%), FHA (0%), VA (0%), Cash (11.76%), Other (0%)

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(714) 706-1823

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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