2382 Silver Ridge Ave, Los Angeles, CA 90039
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2382 Silver Ridge Ave Los Angeles, CA 90039

$1,850,000 Sold Price as of 08/30/2022
  • 6 Beds
  • 4 Baths
  • 2,618 Sq.Ft.
Sold
$1,850,000 Sold Price as of 08/30/2022 Refinance Your Mortgage

Map preview of 2382 Silver Ridge Ave, Los Angeles, CA 90039

Property Overview: 2382 Silver Ridge Ave Los Angeles, CA has 6 bedrooms, 4 bathrooms, 2,618 living square feet and 4,804 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Rare Opportunity in the Silver Lake Hills! Designed by modernist architect Allyn E. Morris in 1963-64, this Mid-Century mirror-image, architecturally significant duplex is a classic case-study in Post-and-Beam design. Truly a special opportunity to purchase an exquisitely designed Mid-Century Modern with BOTH units delivered vacant! Each tri-level unit is 1,300 sq ft and 3 BR+2BA (each). Pro-forma rent is $11,000. Kitchen and baths have been updated to blend seamlessly with the Mid-Century aesthetic of the home. The downstairs primary suite is calm, serene, and totally experiential. The property boasts 7 outdoor spaces including an expansive rooftop deck with 180-degree mountain and city views - perfect for entertaining and relaxing. The verdant, drought tolerant landscaping includes mature Eucalyptus trees, succulents and bamboo hedges. The property has 2-car carport parking and private laundry. Architectural design elements include: Oversized sliding glass doors + Floor-to-ceiling picture window concepts + 7 exterior decks + Exposed ceiling beams + Large skylights in bathroom + Caesarstone counters & Mosaic tile-work details. New roof + New AC + Newer plumbing and hot water heaters + Smart home features + EV car charger. Prime A+ location in highly-sought Silver Lake. Short stroll to Whole Foods Market, Silver Lake Reservoir, LA Mill Coffee, Salazar, Little Pine and Blair's. Close to Griffith Park and major freeways too. A wonderfully warm and INSPIRING space. A DUPLEX YOU MUST SEE IN PERSON. We look forward to welcoming you home!

Listed by Rachel Hsieh | BRE #01913428 | Keller Williams Realty Los Feliz
Co-listed by Jerry Hsieh | BRE #01701809 | Keller Williams Realty Los Feliz
Last checked: 7 minutes ago | Last updated: September 2nd, 2022 | Source CRMLS | DOM: 11

Home details

Lot Sq. Ft
4,804
HOA Dues
$0/mo
Year built
1963
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
22176339
City
Los Angeles
County
Los Angeles
Time on Site
664 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: $5,500
  • Total Rent: $0
  • Pro Forma/Market Rent: $5,500
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $5,500
  • Total Rent: $0
  • Pro Forma/Market Rent: $5,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 5.5%
  • Gross Rent Multiplier: 13.6
  • Gross Scheduled Income: --
  • Net Operating Income: $98,591
  • Gross Operating Income: $128,040
Annual Expense Breakdown
  • Total Operating Expense: --

Virtual Tour

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Property Details for 2382 Silver Ridge Ave

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Washer Included, Dryer Included, Stackable
Kitchen Information
  • Has Appliances
  • Dishwasher
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 2
  • Has Parking
  • Parking Features: Carport
Property Information
  • Has View
  • View: Mountain(s), City Lights
  • Total # of Units: 2
  • Parcel Number: 5440023011
  • Architectural Style: Mid Century Modern
  • Property Condition: Updated/Remodeled
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Location / Neighborhood
Location Information
  • Directions: In Prime Silver Lake Hills. East of Glendale Blvd, West of Riverside Drive.
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Sale History for 2382 Silver Ridge Ave

Last sold for $1,850,000 on August 30th, 2022
  • August, 2022

  • Aug 30, 2022

    Date

    Sold

    CRMLS: 22176339

    $1,850,000

    Price

  • Jul 7, 2022

    Date

    Active

    CRMLS: 22176339

    $1,795,000

    Price

  • March, 2007

  • Mar 1, 2007

    Date

    Sold (Public Records)

    Public Records

    $800,000

    Price

  • September, 1999

  • Sep 10, 1999

    Date

    Sold (Public Records)

    Public Records

    $290,000

    Price

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Tax History for 2382 Silver Ridge Ave

Assessed Value (2020): $980,044
Year Land Value Improved Value Assessed Value
2020 $612,529 $367,515 $980,044

Home Value Compared to the Market

This property vs the competition

2382 Silver Ridge Ave sold on August 30, 2022 for 50.84% 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 $685.64 per/sqft which puts the price per square foot 9.19% lower than the current median sale per square foot for the city of Los Angeles.

About 2382 Silver Ridge Ave

Detailed summary of property

2382 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 4,804 square foot lot. 2382 Silver Ridge Ave was first listed on ArdentRealEstateGroup.com on July 26, 2022. The homeowner sold the property for $1,850,000. 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 50.84% higher than the current median priced home. Local homes that are currently for sale include 1627 Mccollum St, 3615 Edenhurst Ave and 1427 Laveta. While the average home in Los Angeles, CA is selling in 92 days, 2382 Silver Ridge Ave has a days on market of 11 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 2382 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 2382 Silver Ridge Ave

Public county record property details
Beds
4
Baths
4
Year built
1963
Sq. Ft.
2,618
Lot Size
4,804
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
92
APN
5440-023-011

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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Related Resources to 2382 Silver Ridge Ave

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.