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1470 Silver Lake Blvd, Los Angeles, CA 90026
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1470 Silver Lake Blvd Los Angeles, CA 90026

$1,234,000 Sold Price as of 06/24/2022
  • 3 Beds
  • 2 Baths
  • 1,218 Sq.Ft.
Sold
$1,234,000 Sold Price as of 06/24/2022 Refinance Your Mortgage
Map preview of 1470 Silver Lake Blvd, Los Angeles, CA 90026

Property Overview: 1470 Silver Lake Blvd Los Angeles, CA has 3 bedrooms, 2 bathrooms, 1,218 living square feet and 4,578 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: The world is your oyster with this charming remodeled duplex on a prime lot in Silver Lake - delivered vacant. Some winning options include: Move into the 2BD, 1BA or 1BD + Office unit and set the market rent on the other unit; build potentially 2 more ADU units (buyer to verify) in the backyard for a cash cow investment; turn the duplex into a single family and build an ADU in the back. Steps from hip shops and eateries which include L&E Oyster and LaMill and down the street from the Reservoir. Tastefully renovated with abundant cabinetry and style. Large flat backyard and fully gated. Separately metered for gas and electric. In this location a car is no longer needed. Come see while it's still available.

Listed by Grant Linscott | BRE #01715002 | Keller Williams Realty Los Feliz
Last checked: 5 minutes ago | Last updated: June 27th, 2022 | Source CRMLS | DOM: 8

Home details

Lot Sq. Ft
4,578
HOA Dues
$0/mo
Year built
1923
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
22151995
City
Los Angeles
County
Los Angeles
Time on Site
782 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $3,350
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 14.23
  • Gross Scheduled Income: --
  • Net Operating Income: $50,544
  • Gross Operating Income: $70,200
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 1470 Silver Lake Blvd

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Room Information
  • Flooring: Wood
Kitchen Information
  • Has Appliances
  • Gas Range
Interior Features
  • Security Features: Gated Community
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 5
  • Has Parking
  • Parking Features: Driveway
Lot Information
  • Lot Size Source: Assessor
Property Information
  • Has View
  • View: Hills
  • Total # of Units: 2
  • Parcel Number: 5425022009
  • Architectural Style: Traditional
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Other
Location / Neighborhood
Location Information
  • Directions: ** USE GOOGLE MAPS **
View more facts & features

Local Los Angeles Agent

Sale History for 1470 Silver Lake Blvd

Last sold for $1,234,000 on June 24th, 2022

  • June, 2022

  • Jun 24, 2022

    Date

    Sold

    CRMLS: 22151995

    $1,234,000

    Price

  • May 12, 2022

    Date

    Active

    CRMLS: 22151995

    $999,000

    Price

  • February, 2012

  • Feb 10, 2012

    Date

    Sold (Public Records)

    Public Records

    $405,000

    Price

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Tax History for 1470 Silver Lake Blvd

Assessed Value (2020): $465,138
Year Land Value Improved Value Assessed Value
2020 $302,053 $163,085 $465,138

Home Value Compared to the Market

This property vs the competition

1470 Silver Lake Blvd sold on June 24, 2022 for 21.59% lower 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 $820.2 per/sqft which puts the price per square foot 3.69% higher than the current median sale per square foot for the city of Los Angeles.

About 1470 Silver Lake Blvd

Detailed summary of property

1470 Silver Lake Blvd is a multi family that recently sold in Los Angeles, CA 90026. This multi family property offered 3 bedrooms, 2 bathrooms, roughly 1,218 living square feet, and sits on an approximately 4,578 square foot lot. 1470 Silver Lake Blvd was first listed on ArdentRealEstateGroup.com on May 12, 2022. The homeowner sold the property for $1,234,000. 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 21.59% lower than the current median priced home. Local homes that are currently for sale include 1804 Echo Park Ave, 1804 Echo Park Ave and 313 N Westlake Ave. While the average home in Los Angeles, CA is selling in 100 days, 1470 Silver Lake Blvd has a days on market of 8 days. There are currently 3938 homes for sale in the Los Angeles real estate market and 2648 of them are single family homes while 1176 of them are condos and 106 are townhomes. For more information on this home for sale at 1470 Silver Lake Blvd 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 1470 Silver Lake Blvd

Public county record property details
Beds
2
Baths
2
Year built
1923
Sq. Ft.
1,218
Lot Size
4,577
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
48
APN
5425-022-009

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
69
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%)

Thinking of Selling?

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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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