2234 Fargo Street

Los Angeles, CA 90039

$1,115,000
Last Sold Price
3
Beds
2
Baths
1,106 Sq. Ft.
$1,008 / Sq. Ft.
1,106
Sq. Ft.
$1,008
per Sq. Ft.

Description

This prime Silver Lake property consists of two sizeable 3 bedroom/2 bathroom Craftsman homes on a lot, both VACANT, as well as a freestanding garage/carport that is perfect for a studio or potential ADU conversion (subject to city approval). With the substantial upgrades the property requires, the buyer has the potential to create immediate equity or receive top rents in this highly desirable part of Silver Lake (over the hill from the Silver Lake Reservoir; down the street from Glendale Boulevard's...This prime Silver Lake property consists of two sizeable 3 bedroom/2 bathroom Craftsman homes on a lot, both VACANT, as well as a freestanding garage/carport that is perfect for a studio or potential ADU conversion (subject to city approval). With the substantial upgrades the property requires, the buyer has the potential to create immediate equity or receive top rents in this highly desirable part of Silver Lake (over the hill from the Silver Lake Reservoir; down the street from Glendale Boulevard's shops and restaurants). The front home has a front porch, a living room and dining room with beautiful, original built-ins and a fireplace, as well as 3 bedrooms, 2 bathrooms, and laundry closet. The side of the front house features a pergola - perfect for outdoor dining. A sizeable backyard, filled with fruit trees and greenery, separates the front and back houses. The private back house features 3 bedrooms, 2 bathrooms, its own backyard, and a detached, private laundry room. The property is perfect for an investor or for an owner/user who wishes to live in one home and rent out the other. RELEVANT BUYER NOTES: This property needs work! Title shows a 2bed/1bath front home and a 1bed/1bath back home. Buyer to verify that carport convertible to ADU. Fireplace is ornamental.
  1. Listed by Brock Harris • DRE #01328996 • Brokerage DRE #01269474 • Keller Williams Realty Los Feliz

Property Details for 2234 Fargo Street

Zoning
LARD3
Parcel Number
5422017016
Total Units
2.0
Living Area
1106
Source Living Area
Vendor Enhanced
Area
Silver Lake (671)
Vacancy Rate
100%
Lot Size Area
7498

Location

Listing Courtesy of Keller Williams Realty Los Feliz, Brock Harris, DRE #01328996

Sold By Paramount Realty, Young I Kim, DRE #01302327

Add your commute
LISTING UPDATED: 05/18/2021 05:10 PM

Property Details for 2234 Fargo Street

StatusSold
MLS #21-694404
Days on Market29
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1912
Lot Size0.17 AC / 7,498 SF
CountyLos Angeles County

Location

Listing Courtesy of Keller Williams Realty Los Feliz, Brock Harris, DRE #01328996

Sold By Paramount Realty, Young I Kim, DRE #01302327

Add your commute

Building Information for 2234 Fargo Street

Stories-Residences-Year Built1912Building Size-Lot Size0.17 AC / 7,498 SF

Payment Calculator

$7,283 per month

30 year fixed, 7.25% Interest

Principal and Interest

$6,085

Property Taxes

$1,198

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2234 Fargo Street

Community / Development
Community / Development
  • Number Of Units: 2
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 0
  • Number Of Buildings: 2
  • Type Of Units: Duplex
Contract Info
Contract Info
  • Disclosures: None
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $0
  • Net Operating Income: $.00
  • Gross Income: $0
  • Gross Rent Multiplier: $.00
  • Total Annual Expense: 0
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.1721
  • Lot Size Square Feet: 7498
Parking Details
Parking Details
  • Parking Garage: Covered Parking
  • Total Parking: 2
  • Parking Features: Covered
Interior Features
Interior Features
  • Cooling: None
  • Cooling Type: None
  • Heating: Natural Gas, Wall Furnace
  • Heating Type: Natural Gas, Wall
  • Equipment: Dishwasher, Garbage Disposal
Exterior Features
Exterior Features
  • Other Structures: Accessory Bldgs
Lease Terms
Lease Terms
  • Entry Date: 02-17-2021
Unit Details
Unit 1 Information
  • Unit Beds: 3
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $3,950.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 3
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $2,950.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $181,038.00
  • Assessed Improvement Percent: 30.09
  • Assessed Land Value: $420,585.00
  • Assessed Land Percent: 69.91
  • Assessed Total Value: $601,623.00

Property History for 2234 Fargo Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2234 Fargo Street

Taxable ValueLand$870,814Additions$289,231Total$1,160,045
Tax Record2023$14,370 ($1,198 / month)
Home Facts
Total Finished SqFt1,638 SqFtAbove Grade Finished SqFt1,638 SqFtLot Size7,498 SqFtStyleDuplexYear Built1912ZoningLARD3CountyLOS ANGELESAPN5422-017-016

Schools near 2234 Fargo Street

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Charter - K to 8
Rating
School
Distance
Clifford Street Elementary School
PublicK to 5

Thomas Starr King Middle School
Public6 to 8

John Marshall Senior High School
Public9 to 12

Gabriella Charter School
CharterK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Realty Los Feliz, Brock Harris, DRE #01328996

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.