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1716 Griffith Park Blvd, Los Angeles, CA 90026
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1716 Griffith Park Blvd Los Angeles, CA 90026

$1,216,000 Sold Price as of 07/02/2019
  • 1 Beds
  • 3 Baths
  • 1,646 Sq.Ft.
Sold
$1,216,000 Sold Price as of 07/02/2019 Refinance Your Mortgage
Map preview of 1716 Griffith Park Blvd, Los Angeles, CA 90026

Property Overview: 1716 Griffith Park Blvd Los Angeles, CA has 1 bedrooms, 3 bathrooms, 1,646 living square feet and 8,802 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: 2019 finishing touches on this extensive property upgrade are ready to enjoy. The owner's unit of this two-building triplex offers an inviting lifestyle, with fabulous mountain views and sunsets. The back deck overlooks a garden, providing a woodsy-like surrounding. Inside this charmer, you'll find post and beam construction/extensive shiplap. A major kitchen upgrade includes wood cabinets/quartz counters/breakfast bar. Wide wood flooring, Andersen windows, and Mitsubishi heat/air, are also new. The one bedroom, with beamed ceiling, nicely accommodates a California king bed, and desk. At the foot of the hill, are two refreshed studio apartments that are much in demand, with likely income over $3700 mo. Owner unit/studios will be delivered vacant. The property is professionally appraised at $1,527, 000. Property development options are a consideration with this 8,838 sq. ft. lot, and RD 1.5-1VL multi-family zoning.

Listed by Kirk Hawkins | BRE #01996101 | Purplebricks Realty Inc.
Last checked: 5 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 25

Home details

Lot Sq. Ft
8,802
HOA Dues
$0/mo
Year built
1938
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
19467076
City
Los Angeles
County
Los Angeles
Time on Site
1345 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 2
  • # of Beds: 0
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,100
  • Total Rent: $4,200
  • Pro Forma/Market Rent: $4,200
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $3,500
  • Total Rent: $3,500
  • Pro Forma/Market Rent: $3,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 0
  • Gross Scheduled Income: --
  • Net Operating Income: $0
  • Gross Operating Income: $0
  • Improvements Total: $148,543
Annual Expense Breakdown
  • Total Operating Expense: --

Virtual Tour

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Property Details for 1716 Griffith Park Blvd

Interior Features
Cooling Information
  • Has Cooling
  • See Remarks
Laundry Information
  • Has Laundry
  • See Remarks
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Garage - Single Door
Property Information
  • Total # of Units: 3
  • Parcel Number: 5429016011
Location / Neighborhood
Location Information
  • Directions: East on Fountain Avenue, Southeast on Sunset Boulevard, North on Myra Avenue, East on Effie Street, North on Griffith Park Boulevard
View more facts & features

Local Los Angeles Agent

Sale History for 1716 Griffith Park Blvd

Last sold for $1,216,000 on July 2nd, 2019

  • July, 2019

  • Jul 9, 2019

    Date

    Sold

    CRMLS: 19467076

    $1,216,000

    Price

  • Jun 27, 2019

    Date

    Pending

    CRMLS: 19467076

    $1,275,000

    Price

  • Jun 13, 2019

    Date

    Active Under Contract

    CRMLS: 19467076

    $1,275,000

    Price

  • May 17, 2019

    Date

    Active

    CRMLS: 19467076

    $1,275,000

    Price

  • July, 2019

  • Jul 2, 2019

    Date

    Sold (Public Records)

    Public Records

    $1,216,000

    Price

  • May, 2019

  • May 8, 2019

    Date

    Canceled

    CRMLS: 19452496

    $1,275,000

    Price

  • Apr 6, 2019

    Date

    Active

    CRMLS: 19452496

    $1,275,000

    Price

  • Listing provided courtesy of CRMLS

  • April, 2019

  • Apr 6, 2019

    Date

    Canceled

    CRMLS: 19445992

    $1,275,000

    Price

  • Mar 20, 2019

    Date

    Active

    CRMLS: 19445992

    $1,275,000

    Price

  • Listing provided courtesy of CRMLS

    2019 finishing touches on this extensive property upgrade are ready to enjoy. The owner's unit of this two-building triplex offers an inviting lifestyle, with fabulous mountain views and sunsets. The back deck overlooks a garden, providing a woodsy-like surrounding. Inside this charmer, you'll find post and beam construction/extensive shiplap. A major kitchen upgrade includes wood cabinets/quartz counters/breakfast bar. Wide wood flooring, Andersen windows, and Mitsubishi heat/air, are also new. The one bedroom, with beamed ceiling, nicely accommodates a California king bed, and desk. At the foot of the hill, are two refreshed studio apartments that are much in demand, with likely income over $3700 mo. Owner unit/studios will be delivered vacant. The property is professionally appraised at $1,527, 000. Property development options are a consideration with this 8,838 sq. ft. lot, and RD 1.5-1VL multi-family zoning. The adjacent property is on the market, making two lots available.

  • March, 2019

  • Mar 7, 2019

    Date

    Canceled

    CRMLS: 18365252

    $1,299,000

    Price

  • Jul 23, 2018

    Date

    Price Change

    CRMLS: 18365252

    $1,299,000

    Price

  • Jul 14, 2018

    Date

    Active

    CRMLS: 18365252

    $1,450,000

    Price

  • Listing provided courtesy of CRMLS

    This amazing property has been professionally appraised for $1,527,000. We are now accepting bids at a minimum of $1,299,000. A great opportunity to live in one of the hottest neighborhoods in Los Angeles and generate additional income to help cover the mortgage. The owner's unit of this secluded Silver Lake triplex is super special, with post and beam construction, extensive use of shiplap, a remodeled kitchen, an upgrade of high-end Andersen windows and doors, new 8-inch walnut engineered planking throughout, a wood burning fireplace, and fresh painting, inside and out. Step outside and you have the choice of two decks: one that provides a mountain view that includes the Griffith Park Observatory, Hollywood sign and Century City, or the other that oversees a flower/plant terraced garden that exudes tranquility and a feeling of an urban escape to the country. The two studio apartments are "1930's" charming and in high demand as rentals.

  • July, 2018

  • Jul 14, 2018

    Date

    Canceled

    CRMLS: 18326714

    $1,450,000

    Price

  • Jun 1, 2018

    Date

    Active

    CRMLS: 18326714

    $1,450,000

    Price

  • Apr 24, 2018

    Date

    Active Under Contract

    CRMLS: 18326714

    $1,450,000

    Price

  • Mar 28, 2018

    Date

    Active

    CRMLS: 18326714

    $1,450,000

    Price

  • Listing provided courtesy of CRMLS

    This Silver Lake property invites exciting options for investors or home owners, including: (1) Construct new apartments/condos, taking advantage of the RD 1.5-1VL multi-family zoning, Divide this large 8,819 sq. ft. lot into multiple construction plots (each a minimum of 1500 sq. ft.) (2) Construct a fabulous private home on this 8,819 sq. ft. hillside lot, (3) Continue current triplex configuration, with an owner-occupied unit (one bedroom/bath) and two studio apartment rentals (recent rent revenue, $3620 monthly, both vacant), (4) Rent all three living quarters (delivered empty), providing likely rent revenue in excess of $7,000, along with promising appreciation, (5) Expand owner's unit with cost likely recovered in increased value well beyond monies spent.

  • June, 2013

  • Jun 28, 2013

    Date

    Sold (Public Records)

    Public Records

    $930,000

    Price

Show More

Tax History for 1716 Griffith Park Blvd

Assessed Value (2020): $1,216,000
Year Land Value Improved Value Assessed Value
2020 $966,000 $250,000 $1,216,000

Home Value Compared to the Market

This property vs the competition

1716 Griffith Park Blvd sold on July 2, 2019 for 13.84% higher than the current median sold price for the city of Los Angeles which is $1,120,000. The median sold price per/sqft for Los Angeles is $724 and this home is sold at $774.61 per/sqft which puts the price per square foot 6.99% higher than the current median sale per square foot for the city of Los Angeles.

About 1716 Griffith Park Blvd

Detailed summary of property

1716 Griffith Park Blvd is a multi family that recently sold in Los Angeles, CA 90026. This multi family property offered 1 bedrooms, 3 bathrooms, roughly 1,646 living square feet, and sits on an approximately 8,802 square foot lot. 1716 Griffith Park Blvd was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $1,216,000. Home in Los Angeles are selling for a median price of $1,120,000 and a median price per square foot of $724. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 13.84% higher than the current median priced home. Local homes that are currently for sale include 2012 Talmadge St, 1309 N Coronado St and 2969 London St. While the average home in Los Angeles, CA is selling in 106 days, 1716 Griffith Park Blvd has a days on market of 25 days. There are currently 4052 homes for sale in the Los Angeles real estate market and 2782 of them are single family homes while 1148 of them are condos and 116 are townhomes. For more information on this home for sale at 1716 Griffith Park 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 1716 Griffith Park Blvd

Public county record property details
Beds
2
Baths
3
Year built
1938
Sq. Ft.
1,575
Lot Size
8,802
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
11
APN
5429-016-011

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
$1,225,000
Median List Price/Sq.Ft.
$787
Median Sold Price
$1,217,000
Median Sold Price/Sq.Ft.
$985
Total Inventory
77
Median Sale to List Price %
101.5%
Avg Days on Market
33
Loan Type
Conventional (22.22%), FHA (0%), VA (0%), Cash (11.11%), Other (0%)

Thinking of Selling?

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Recently Sold Homes Near 1716 Griffith Park Blvd

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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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