1608 Silver Lake Blvd, Los Angeles, CA 90026
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1608 Silver Lake Blvd Los Angeles, CA 90026

$1,650,000 Sold Price as of 07/22/2022
  • 4 Beds
  • 3 Baths
  • 2,380 Sq.Ft.
Sold
$1,650,000 Sold Price as of 07/22/2022 Refinance Your Mortgage

Map preview of 1608 Silver Lake Blvd, Los Angeles, CA 90026

Property Overview: 1608 Silver Lake Blvd Los Angeles, CA has 4 bedrooms, 3 bathrooms, 2,380 living square feet and 4,999 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Fantastic investment opportunity in the heart of Silver Lake. This triplex consists of a 2bed/1.5bath + Den townhouse style unit and two 1bed/1bath units. Featuring hardwood floors, charming bathrooms, two private yards, 4 individual garages, and is situated on a street-to-street lot. This property is perfectly positioned for an owner occupant or ready to rent out and take advantage of one of Los Angeles' hottest rental markets. You can't beat this location with its close proximity to the reservoir, dog park and some of Silver Lake's best establishments like LAMILL Coffee, L&E Oyster Bar, and Alimento.

Listed by Travis Bayles | BRE #01895090 | The Agency
Co-listed by Steven Moran | BRE #02052389 | The Agency
Last checked: 10 minutes ago | Last updated: July 27th, 2022 | Source CRMLS | DOM: 13

Home details

Lot Sq. Ft
4,999
HOA Dues
$0/mo
Year built
1939
Garage
4 Car
Property Type:
Multi Family
Status
Sold
MLS#
22146163
City
Los Angeles
County
Los Angeles
Time on Site
803 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $3,495
  • Total Rent: $3,495
  • Pro Forma/Market Rent: $3,650
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,350
  • Total Rent: $1,350
  • Pro Forma/Market Rent: $2,300
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,350
  • Total Rent: $1,350
  • Pro Forma/Market Rent: $2,300
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 20
  • Gross Scheduled Income: --
  • Net Operating Income: $56,990
  • Gross Operating Income: $74,340
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 1608 Silver Lake Blvd

Interior Features
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Washer Included, Dryer Included
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 4
Property Information
  • Total # of Units: 3
  • Parcel Number: 5425023006
Location / Neighborhood
Location Information
  • Directions: South of the reservoir on Silverlake Blvd.
View more facts & features

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Sale History for 1608 Silver Lake Blvd

Last sold for $1,650,000 on July 22nd, 2022
  • July, 2022

  • Jul 22, 2022

    Date

    Sold

    CRMLS: 22146163

    $1,650,000

    Price

  • Apr 21, 2022

    Date

    Active

    CRMLS: 22146163

    $1,498,000

    Price

  • February, 2022

  • Feb 1, 2022

    Date

    Expired

    CRMLS: 21798982

    $1,495,000

    Price

  • Oct 25, 2021

    Date

    Active

    CRMLS: 21798982

    $1,495,000

    Price

  • Listing provided courtesy of CRMLS

    Fantastic investment opportunity in the heart of Silver Lake. This triplex consists of a 2bed/1.5bath + Den townhouse style unit and two 1bed/1bath units. Featuring hardwood floors, charming bathrooms, two private yards, 4 individual garages, and situated on a street-to-street lot. This property is perfectly positioned for an owner occupant or ready to rent out and take advantage of one of Los Angeles' hottest rental markets. You can't beat this location with its close proximity to the reservoir, dog park and some of Silver Lake's best establishments like LAMILL Coffee, and L&E Oyster Bar,

  • April, 2019

  • Apr 1, 2019

    Date

    Expired

    CRMLS: 18417948

    $1,399,000

    Price

  • Feb 11, 2019

    Date

    Withdrawn

    CRMLS: 18417948

    $1,399,000

    Price

  • Jan 1, 2019

    Date

    Active

    CRMLS: 18417948

    $1,399,000

    Price

  • Listing provided courtesy of CRMLS

    Fantastic investment opportunity in the heart of Silver Lake. This triplex consists of a vacant 2bed/1.5bath + Den townhouse style unit and two 1bed/1bath units. Featuring hardwood floors, charming bathrooms, two private yards, 4 individual garages, and situated on a street-to-street lot. This property is perfectly positioned for an owner occupant or ready to rent out and take advantage of one of Los Angeles' hottest rental markets. You can't beat this location with its close proximity to the reservoir, dog park and some of Silver Lake's best establishments like LAMILL Coffee, L&E Oyster Bar, and Alimento.**Contact Listing Agent about potential Seller Financing.**

  • February, 2019

  • Feb 16, 2019

    Date

    Leased

    CRMLS: 19425568

    $3,495

    Price

  • Jan 19, 2019

    Date

    Active

    CRMLS: 19425568

    $3,495

    Price

  • Listing provided courtesy of CRMLS

    Charming 2 beds and 1.5-bath townhouse style unit with a private yard and two parking garages in the heart of Silverlake. As you enter through the front door you're greeted by a large living room with a foyer closet great for storage. The Kitchen features countertops, stainless steel sink and fixtures with access to 1/2 bath, laundry room and the private yard. As you make way to the upstairs you'll find yourself in a lovely den/office/TV room flex space. The bedroom in the rear of the home boasts a large walk-in closet and views of the backyard and the hills. As you head towards the front of the home you'll pass the full bath, which features timeless tile work and a tub/shower combo. The second bedroom is filled with ample natural light and a built-in wall closet. Two individual detached covered and locked parking stalls are included with the unit. Near to the Silverlake reservoir, Dog Park and some of Silver Lake's best establishments like LAMILL Coffee, L&E Oyster Bar, and Alimento.

  • November, 2018

  • Nov 24, 2018

    Date

    Canceled

    CRMLS: 18387374

    $1,299,000

    Price

  • Nov 11, 2018

    Date

    Price Change

    CRMLS: 18387374

    $1,299,000

    Price

  • Sep 18, 2018

    Date

    Active

    CRMLS: 18387374

    $1,369,000

    Price

  • Listing provided courtesy of CRMLS

    Fantastic investment opportunity in the heart of Silver Lake. This triplex consists of a 2bed/1.5bath + Den townhouse style unit and two 1bed/1bath units. Featuring hardwood floors, charming bathrooms, two private yards, 4 individual garages, and situated on a street to street lot. This property has plenty of upside potential, perfect to take advantage of one of Los Angeles' hottest rental markets. You can't beat this location with its close proximity to the reservoir, dog park and some of Silver Lake's best establishments like LAMILL Coffee, L&E Oyster Bar, and Alimento.**Contact Listing Agent about potential Seller Financing.**

  • May, 2018

  • May 31, 2018

    Date

    Sold

    CRMLS: 18336752

    $1,225,000

    Price

  • May 12, 2018

    Date

    Pending

    CRMLS: 18336752

    $1,199,000

    Price

  • May 10, 2018

    Date

    Active

    CRMLS: 18336752

    $1,199,000

    Price

  • May 8, 2018

    Date

    Hold

    CRMLS: 18336752

    $1,199,000

    Price

  • Apr 25, 2018

    Date

    Active

    CRMLS: 18336752

    $1,199,000

    Price

  • Listing provided courtesy of CRMLS

    Prime location triplex. 2 bedroom townhouse style unit with bonus area combined with 2 one bedroom units.all units with hardwood floors and back yard. separate 4 car garage.Owner will carry 1st trust deed. Terms and conditions upon negotiation. 1527 Silver Lake also for sale and owners will carry both.Do not disturb tenants. Offer subject to inspection.

  • May, 2018

  • May 31, 2018

    Date

    Sold (Public Records)

    Public Records

    $1,225,000

    Price

  • August, 2017

  • Aug 4, 2017

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 1608 Silver Lake Blvd

Assessed Value (2020): $1,274,490
Year Land Value Improved Value Assessed Value
2020 $962,370 $312,120 $1,274,490

Home Value Compared to the Market

This property vs the competition

1608 Silver Lake Blvd sold on July 22, 2022 for 17.58% 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 $629.41 per/sqft which puts the price per square foot 20.43% lower than the current median sale per square foot for the city of Los Angeles.

About 1608 Silver Lake Blvd

Detailed summary of property

1608 Silver Lake Blvd is a multi family that recently sold in Los Angeles, CA 90026. This multi family property offered 4 bedrooms, 3 bathrooms, roughly 2,380 living square feet, and sits on an approximately 4,999 square foot lot. 1608 Silver Lake Blvd was first listed on ArdentRealEstateGroup.com on April 21, 2022. The homeowner sold the property for $1,650,000. 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 17.58% higher than the current median priced home. Local homes that are currently for sale include 2334 Silver Ridge Ave, 1699 Morton Ave and 1432 Fairbanks Pl. While the average home in Los Angeles, CA is selling in 100 days, 1608 Silver Lake Blvd has a days on market of 13 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 1608 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 1608 Silver Lake Blvd

Public county record property details
Beds
5
Baths
3
Year built
1939
Sq. Ft.
2,380
Lot Size
4,999
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
91
APN
5425-023-006

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%)

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Related Resources to 1608 Silver Lake Blvd

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.