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2322 Berkeley Ave, Los Angeles, CA 90026
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2322 Berkeley Ave Los Angeles, CA 90026

$1,750,000 Sold Price as of 05/28/2022
  • 7 Beds
  • 3 Baths
  • 2,029 Sq.Ft.
Sold
$1,750,000 Sold Price as of 05/28/2022 Refinance Your Mortgage
Map preview of 2322 Berkeley Ave, Los Angeles, CA 90026

Property Overview: 2322 Berkeley Ave Los Angeles, CA has 7 bedrooms, 3 bathrooms, 2,029 living square feet and 7,291 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Charming single family craftsman and detached duplex in Silver Lake. Amazing opportunity for an owner-user to live in one unit and rent the others, or an investor looking to buy in LA's competitive east side rental market. Set back from the street, the front structure includes two side by side, 1 BD/1 BA units, each with a bonus office. A separate entrance at the end of a long driveway, leads to a private and cheery 3BD/1BA house, with hardwood floors and updated kitchen and bathroom. Enjoy views of the downtown skyline from the bedrooms and the large covered patio. Escape city life in the secluded and verdant garden with mature fruit trees and a grassy yard. Multiple outdoor areas for entertaining, dining, and gardening. Property includes one-car garage, a long driveway, and plenty of additional off street parking. Main house and one of the front units to be delivered vacant. Projected rent for all three units is $8300/month. Minutes away from Echo Park and Downtown LA, and major freeways. Walking distance to wonderful cafes, restaurants, shopping, and parks.

Listed by Brienna Holmes | BRE #02099754 | Compass
Co-listed by Natalie Stern Trabin | BRE #01901052 | Compass
Last checked: 13 minutes ago | Last updated: July 26th, 2022 | Source CRMLS | DOM: 12

Home details

Lot Sq. Ft
7,291
HOA Dues
$0/mo
Year built
1924
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
22150767
City
Los Angeles
County
Los Angeles
Time on Site
745 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 2
  • # of Leased Units: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,800
  • Total Rent: $1,800
  • Pro Forma/Market Rent: $2,000
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $2,200
  • Pro Forma/Market Rent: $2,200
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $4,300
  • Pro Forma/Market Rent: $4,300
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 14.94
  • Gross Scheduled Income: --
  • Net Operating Income: $81,553
  • Gross Operating Income: $97,553
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 2322 Berkeley Ave

Interior Features
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • In Garage
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Wood, Tile
Kitchen Information
  • Has Appliances
  • Dishwasher, Disposal, Refrigerator, Range, Oven
Interior Features
  • Ceiling Fan(s)
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
Exterior Features
Exterior Information
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 3
  • Has Parking
  • Parking Features: Driveway, Street, Tandem Garage
Property Information
  • Has View
  • View: City Lights
  • Total # of Units: 3
  • Parcel Number: 5424003005
Location / Neighborhood
Location Information
  • Directions: North of Sunset Blvd.; Between Mohawk St. and Waterloo St.
View more facts & features

Local Los Angeles Agent

Sale History for 2322 Berkeley Ave

Last leased for $4,850 on July 8th, 2022

  • July, 2022

  • Jul 8, 2022

    Date

    Leased

    CRMLS: PW22127256

    $4,850

    Price

  • Jun 13, 2022

    Date

    Active

    CRMLS: PW22127256

    $4,850

    Price

  • Listing provided courtesy of CRMLS

    Live the way you imagined in this charming detached single family craftsman home situated in the heart of Silverlake and Echo Park featuring thoughtful design and carefully curated finishes. The private and cheery 3BD/1BA house comes with hardwood floors, updated kitchen, updated bathroom, stackable washer & dryer and new appliances. Enjoy views of the downtown LA skyline from the bedrooms and the large covered patio. An open layout throughout offer bright and flexible spaces that is perfect for working at home, entertaining, and living well. Escape city life and enjoy a truly decadent lifestyle in the secluded and verdant garden with mature fruit trees and a grassy yard. There are fantastic multiple outdoors areas for entertaining, dining al fresco, and gardening. Enjoy living in a walkable community that is home to delicious eats and drinks, the charming lake, and all the best the city has to offer. Built as a modern urban retreat, this is the perfect way to live your story in LA. Parking IS included! This is the back house. Call now to schedule a private showing!

  • May, 2022

  • May 28, 2022

    Date

    Sold

    CRMLS: 22150767

    $1,750,000

    Price

  • Apr 27, 2022

    Date

    Active

    CRMLS: 22150767

    $1,489,000

    Price

  • September, 2014

  • Sep 25, 2014

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • June, 2012

  • Jun 15, 2012

    Date

    Sold (Public Records)

    Public Records

    $710,000

    Price

Show More

Tax History for 2322 Berkeley Ave

Assessed Value (2020): $810,106
Year Land Value Improved Value Assessed Value
2020 $570,498 $239,608 $810,106

Home Value Compared to the Market

This property vs the competition

2322 Berkeley Ave sold on May 28, 2022 for 25.13% higher than the current median sold price for the city of Los Angeles which is $1,190,000. The median sold price per/sqft for Los Angeles is $755 and this home is sold at $733.86 per/sqft which puts the price per square foot 2.8% lower than the current median sale per square foot for the city of Los Angeles.

About 2322 Berkeley Ave

Detailed summary of property

2322 Berkeley Ave is a multi family that recently sold in Los Angeles, CA 90026. This multi family property offered 7 bedrooms, 3 bathrooms, roughly 2,029 living square feet, and sits on an approximately 7,291 square foot lot. 2322 Berkeley Ave was first listed on ArdentRealEstateGroup.com on April 28, 2022. The homeowner sold the property for $1,750,000. Home in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 25.13% higher than the current median priced home. Local homes that are currently for sale include 1425 Edgecliffe Dr, 961 E Edgeware Rd and 2445 Lake View Ave. While the average home in Los Angeles, CA is selling in 93 days, 2322 Berkeley Ave has a days on market of 12 days. There are currently 3618 homes for sale in the Los Angeles real estate market and 2437 of them are single family homes while 1084 of them are condos and 92 are townhomes. For more information on this home for sale at 2322 Berkeley Ave 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 2322 Berkeley Ave

Public county record property details
Beds
5
Baths
3
Year built
1924
Sq. Ft.
2,029
Lot Size
7,290
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
5
APN
5424-003-005

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
$1,300,000
Median List Price/Sq.Ft.
$736
Median Sold Price
$1,450,000
Median Sold Price/Sq.Ft.
$817
Total Inventory
64
Median Sale to List Price %
105.92%
Avg Days on Market
13
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (15.38%), Other (0%)

Thinking of Selling?

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(714) 706-1823

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Recently Sold Homes Near 2322 Berkeley Ave

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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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