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

$2,370,000 Sold Price as of 07/18/2022
  • 6 Beds
  • 4 Baths
  • 3,081 Sq.Ft.
Sold
$2,370,000 Sold Price as of 07/18/2022 Refinance Your Mortgage
Map preview of 748 Silver Lake Blvd, Los Angeles, CA 90026

Property Overview: 748 Silver Lake Blvd Los Angeles, CA has 6 bedrooms, 4 bathrooms, 3,081 living square feet and 6,829 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: We are thrilled to present this multi-family property that allows for a completely separate and private home on Parkman and the 3 income units below on Silver Lake Blvd. As you walk through the Theodore Payne native plant garden and into the gracious 2/1 home you'll note original and charming details such as a custom stained glass window commissioned by local artist Mary Whitecloud that depicts the reservoir and mountains. Natural light streams upon the white oak hardwood floors, sunroom, and newly updated kitchen. A private and enclosed backyard leads you down to the 3 units below. These lovely apartments with a Spanish flair have been updated and include newer roofs, upgraded electrical service, mini-split systems, and the 2 bedroom apartments come with in-unit washers/dryers and a single-car garage with storage space. Parkman home is earthquake retrofitted, new central air, renovated kitchen with Samsung appliance suite and new stacking washer/dryer in 2020, quartz countertops, Nest thermostat, and RO water filtration system for the kitchen. Lastly, a basement and garage allow for plenty of storage and an opportunity to reimagine both spaces to better suit your lifestyle. Parkman and the Silver Lake studio come vacant. Don't miss this truly rare and special opportunity. **Direct yourself to 747 Parkman for property access.

Listed by Jennifer Cahill | BRE #01980658 | Compass
Co-listed by Kurt Wisner | BRE #01431217 | Compass
Last checked: 5 minutes ago | Last updated: July 26th, 2022 | Source CRMLS | DOM: 15

Home details

Lot Sq. Ft
6,829
HOA Dues
$0/mo
Year built
1937
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
22153593
City
Los Angeles
County
Los Angeles
Time on Site
745 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 4
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,750
  • Total Rent: $2,750
  • Pro Forma/Market Rent: $2,800
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,650
  • Total Rent: $2,650
  • Pro Forma/Market Rent: $2,800
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,000
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $4,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 36.95
  • Gross Scheduled Income: --
  • Net Operating Income: $55,000
  • Gross Operating Income: $64,800
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 748 Silver Lake Blvd

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central, Wall Furnace
Laundry Information
  • Has Laundry
  • Washer Included, Dryer Included
Kitchen Information
  • Has Appliances
  • Refrigerator
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Driveway, Garage - Single Door
Property Information
  • Total # of Units: 4
  • Parcel Number: 5401020020
Location / Neighborhood
Location Information
  • Directions: Located on Silver Lake Blvd. near Marathon, and other unit is located on Parkman near Marathon.
View more facts & features

Local Los Angeles Agent

Sale History for 748 Silver Lake Blvd

Last sold for $2,370,000 on July 18th, 2022

  • July, 2022

  • Jul 18, 2022

    Date

    Sold

    CRMLS: 22153593

    $2,370,000

    Price

  • May 5, 2022

    Date

    Active

    CRMLS: 22153593

    $2,395,000

    Price

  • March, 2017

  • Mar 17, 2017

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • August, 2006

  • Aug 14, 2006

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 748 Silver Lake Blvd

Assessed Value (2020): $356,922
Year Land Value Improved Value Assessed Value
2020 $107,124 $249,798 $356,922

Home Value Compared to the Market

This property vs the competition

748 Silver Lake Blvd sold on July 18, 2022 for 101.26% 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 $777.35 per/sqft which puts the price per square foot 2.96% higher than the current median sale per square foot for the city of Los Angeles.

About 748 Silver Lake Blvd

Detailed summary of property

748 Silver Lake Blvd is a multi family that recently sold in Los Angeles, CA 90026. This multi family property offered 6 bedrooms, 4 bathrooms, roughly 3,081 living square feet, and sits on an approximately 6,829 square foot lot. 748 Silver Lake Blvd was first listed on ArdentRealEstateGroup.com on May 5, 2022. The homeowner sold the property for $2,370,000. 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 101.26% higher than the current median priced home. Local homes that are currently for sale include 229 S Westlake Ave, 2021 Miramar St and 1120 Logan St. While the average home in Los Angeles, CA is selling in 92 days, 748 Silver Lake Blvd has a days on market of 15 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 748 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 748 Silver Lake Blvd

Public county record property details
Beds
5
Baths
4
Year built
1937
Sq. Ft.
2,690
Lot Size
6,858
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
71
APN
5401-020-020

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.
$766
Median Sold Price
$1,450,000
Median Sold Price/Sq.Ft.
$817
Total Inventory
73
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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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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