$1,555,000
$1,675,000
7.2%For more information regarding the value of a property, please contact us for a free consultation.
7,501 Sqft Lot
SOLD DATE : 02/16/2024
Key Details
Sold Price $1,555,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID JT23192097
Sold Date 02/16/24
HOA Y/N No
Year Built 1912
Lot Size 7,501 Sqft
Property Description
Fully remodeled & fully furnished duplex in the heart of Silver Lake overlooking the Hollywood sign, Griffith Observatory and expansive city views.
Both units are currently rented on airbnb on a monthly furnished basis and will be delivered to buyer vacant. Each unit is 1 bedroom 1 bathroom plus bonus room currently being used as an extra bedroom (so, in practice each unit is a 2 bed, 1 bath), has high end finishes including Venetian plaster, rain fall shower with wall jets, white oak wall paneling, a/c mini splits systems throughout and its own washer and dryer. The shared wall has been professionally sound proofed on both sides which virtually eliminates any sound transfer between the units. One unit has a private fenced concrete patio with string lights, sunshade and lush mature gardens creating a relaxed and suiting experience right off Sunset Blvd. The other unit is the star of this property, with multi level terraces back yard surround by fruit trees, palm trees and completely hedged with ficus that makes you feel you are in a green private oasis in the city.
The multi level terraces lead to the top level where you find a 800 sqf concrete patio that that has it all. Craned in from the street below there is a 8 seater 220 power Jacuzzi that overlocks the Hollywood sign and the city lights. Step out the jacuzzi into the Brazilian Ipe wood decking or relax under the intriguing wood trellis enjoying the fire pit. From the top deck through the entire property there is an underground drainage system that leads to the street. The entire 7500 lot has over 100 ficus hedged with irrigation providing ultimate privacy from the neighbors. Centraly located, walk to shops, cafes and fantastic restaurants or take a 20 minute hike to the Silver Lake reservoir. This property has multiple uses: rent one side and live in the other, or rent both units for good rental income in a great up and coming part of Silver lake Also has ADU potential by building another unit above the garage. Seller will collaborated with a buy down.
Location
State CA
County Los Angeles
Area C21 - Silver Lake - Echo Park
Zoning LAR2
Interior
Interior Features Ceiling Fan(s), Furnished, Granite Counters, Open Floorplan, Pull Down Attic Stairs, Paneling/Wainscoting, Recessed Lighting, Wood Product Walls, Jack and Jill Bath
Heating Combination, Ductless
Cooling Ductless
Flooring Tile, Vinyl, Wood
Fireplaces Type None
Fireplace No
Appliance Barbecue, Convection Oven, Dishwasher, Gas Range, Ice Maker, Microwave, Refrigerator, Range Hood, Tankless Water Heater, Vented Exhaust Fan, Dryer, Washer
Laundry Inside, Stacked
Exterior
Garage Door-Single, Garage Faces Front, Garage, Private, Side By Side
Garage Spaces 2.0
Garage Description 2.0
Fence Stone, Wood, Wire
Pool None
Community Features Hiking, Storm Drain(s), Street Lights, Sidewalks, Urban
Utilities Available Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
View Y/N Yes
View City Lights, Hills, Neighborhood
Roof Type Shingle
Parking Type Door-Single, Garage Faces Front, Garage, Private, Side By Side
Total Parking Spaces 2
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Story 1
Entry Level Multi/Split
Sewer Public Sewer
Water Private
Architectural Style Craftsman
Level or Stories Multi/Split
New Construction No
Others
Senior Community No
Tax ID 5402017022
Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange
Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange
Financing Trade
Special Listing Condition Standard
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