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2334 Silver Ridge Ave, Los Angeles, CA 90039
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2334 Silver Ridge Ave Los Angeles, CA 90039

$1,234,000 Sold Price as of 03/13/2024
  • 6 Beds
  • 4 Baths
  • 2,618 Sq.Ft.
Sold
$1,234,000 Sold Price as of 03/13/2024 Refinance Your Mortgage
Map preview of 2334 Silver Ridge Ave, Los Angeles, CA 90039

Property Overview: 2334 Silver Ridge Ave Los Angeles, CA has 6 bedrooms, 4 bathrooms, 2,618 living square feet and 3,200 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Earn income in Silver Lake with this duplex featuring stylish post-and-beam design circa 1964 by celebrated architect Allyn E. Morris. Side-by-side apartments have three bedrooms + two baths per unit, tastefully updated with improvements that include hard surface flooring, built-in appliances, washer/dryer sets and more. Midcentury heritage resonates in the open-beamed wood ceiling and free-flowing layout connecting living, dining and kitchen areas. Glass sliders open to private decks, and there are gorgeous views of city lights and the San Gabriel Mountains. Each unit enjoys single-vehicle parking in a covered carport plus a convenient storage locker. Wrapped in mature trees and serene hillside vibes, this nicely maintained duplex is situated in LA's trendiest enclave with coffee, dining, nightlife and conveniences nearby at Whole Foods, Silver Lake Wine, Constellation Coffee, Gingergrass, the list goes on. The Reservoir, Dog Park and Meadow are just a few blocks away.

Listed by Tracy B Do | BRE #01350025 | Coldwell Banker Realty
Co-listed by Melinda Rae | BRE #02011155 | Coldwell Banker Realty
Last checked: 11 minutes ago | Last updated: March 15th, 2024 | Source CRMLS | DOM: 35

Home details

Lot Sq. Ft
3,200
HOA Dues
$0/mo
Year built
1963
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
24344481
City
Los Angeles
County
Los Angeles
Time on Site
132 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: $2,811
  • Total Rent: $2,805
  • Pro Forma/Market Rent: $4,950
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $2,691
  • Total Rent: $2,691
  • Pro Forma/Market Rent: $4,950
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 20.43
  • Gross Scheduled Income: --
  • Net Operating Income: $37,902
  • Gross Operating Income: $64,043
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 2334 Silver Ridge Ave

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Washer Included, Dryer Included
Kitchen Information
  • Has Appliances
  • Disposal, Refrigerator
Interior Features
  • Levels: Multi/Split
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 2
  • Has Parking
  • Parking Features: Attached Carport
Lot Information
  • Lot Size Source: Assessor
Property Information
  • Total # of Units: 2
  • Parcel Number: 5440022008
  • Year Built Source: Assessor
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: Google Maps.
View more facts & features

Local Los Angeles Agent

Sale History for 2334 Silver Ridge Ave

Last sold for $1,234,000 on March 13th, 2024

  • March, 2024

  • Mar 13, 2024

    Date

    Sold

    CRMLS: 24344481

    $1,234,000

    Price

  • Jan 9, 2024

    Date

    Active

    CRMLS: 24344481

    $1,349,000

    Price

  • December, 2022

  • Dec 13, 2022

    Date

    Expired

    CRMLS: 22198675

    $1,349,000

    Price

  • Sep 12, 2022

    Date

    Active

    CRMLS: 22198675

    $1,499,000

    Price

  • Listing provided courtesy of CRMLS

    Mid-Century Duplex in the Silver Lake Hills. The property was built in 1964 and comprises 2,618 sq ft across two 3-bedroom, 2-bath units. These tri-level, side-by-side units have explosive east-facing views of the city and the San Gabriel Mountains. Enter into the middle level, a bright, light open kitchen-living area. Downstairs is the primary bedroom, a full bath, laundry area and walk-in closet. Upstairs are two bedrooms, a full bath with skylight, and a large rear balcony. Each unit has one attached carport parking space with a storage locker. Units are separately metered for gas and electricity. The property is conveniently located near the 365 Whole Foods Market (.8 miles), Trader Joe's (1.6 miles), and local favorite attractions such as the Red Lion Inn, Constellation Coffee and the Silver Lake Reservoir. It is close to the 2, 5, 101 Freeways, Downtown LA, Hollywood and Glendale. Ideal for investors or owner-occupiers.

  • April, 2020

  • Apr 3, 2020

    Date

    Sold

    CRMLS: 19538888

    $1,175,000

    Price

  • Jan 23, 2020

    Date

    Active Under Contract

    CRMLS: 19538888

    $1,300,000

    Price

  • Jan 11, 2020

    Date

    Active

    CRMLS: 19538888

    $1,300,000

    Price

  • Dec 30, 2019

    Date

    Active Under Contract

    CRMLS: 19538888

    $1,300,000

    Price

  • Dec 27, 2019

    Date

    Active

    CRMLS: 19538888

    $1,300,000

    Price

  • Listing provided courtesy of CRMLS

    1963 duplex by renowned mid-century architect Allyn E Morris on Silver Lake's most iconic street. The two side-by-side units are townhouse-style with 3 bedrooms and 2 baths with views of the San Gabriel mountains. Both units have 3 levels and total 2,618 sq ft on a 3,196 sq ft lot. Enter on the middle level to open kitchen and living area. Upstairs are two bedrooms, each with private decks, and full bath with skylight. Downstairs are one bedroom, one full bath, and a laundry area with washer & dryer. 2334 was upgraded in 2006 with new kitchen, baths, flooring and stairway hardware. 2336 is in original condition. Recent improvements include new decks (2019) and newer HVAC units. Proximity to the 5 and 2 freeways, Hollywood, Echo Park, Downtown LA, Whole Foods 365 and Trader Joe's. Both units are tenant-occupied.

  • April, 2020

  • Apr 3, 2020

    Date

    Sold (Public Records)

    Public Records

    $1,175,000

    Price

  • September, 2006

  • Sep 29, 2006

    Date

    Sold (Public Records)

    Public Records

    $825,000

    Price

Show More

Tax History for 2334 Silver Ridge Ave

Assessed Value (2020): $390,013
Year Land Value Improved Value Assessed Value
2020 $278,592 $111,421 $390,013

Home Value Compared to the Market

This property vs the competition

2334 Silver Ridge Ave sold on March 13, 2024 for 13.36% 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 $515.28 per/sqft which puts the price per square foot 31.75% lower than the current median sale per square foot for the city of Los Angeles.

About 2334 Silver Ridge Ave

Detailed summary of property

2334 Silver Ridge Ave is a multi family that recently sold in Los Angeles, CA 90039. This multi family property offered 6 bedrooms, 4 bathrooms, roughly 2,618 living square feet, and sits on an approximately 3,200 square foot lot. 2334 Silver Ridge Ave was first listed on ArdentRealEstateGroup.com on January 9, 2024. The homeowner sold the property for $1,234,000. 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 13.36% higher than the current median priced home. Local homes that are currently for sale include 2229 Shoredale Ave, 1932 Park Ave and 1932 Park Ave. While the average home in Los Angeles, CA is selling in 92 days, 2334 Silver Ridge Ave has a days on market of 35 days. There are currently 3712 homes for sale in the Los Angeles real estate market and 2493 of them are single family homes while 1120 of them are condos and 93 are townhomes. For more information on this home for sale at 2334 Silver Ridge Ave Los Angeles, CA 90039 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 2334 Silver Ridge Ave

Public county record property details
Beds
4
Baths
4
Year built
1963
Sq. Ft.
2,618
Lot Size
3,200
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
102
APN
5440-022-008

The source for these homes facts are from public records.

90039 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,695,000
Median List Price/Sq.Ft.
$910
Median Sold Price
$1,505,000
Median Sold Price/Sq.Ft.
$1,136
Total Inventory
50
Median Sale to List Price %
113.58%
Avg Days on Market
20
Loan Type
Conventional (23.08%), FHA (0%), VA (0%), Cash (7.69%), Other (7.69%)

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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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