2322 Berkeley Avenue

Los Angeles, CA 90026

$1,750,000
Last Sold Price
5
Beds
3
Baths
2,029 Sq. Ft.
$862 / Sq. Ft.
2,029
Sq. Ft.
$862
per Sq. Ft.

Description

Charming single family craftsman and detached duplex in Silver Lake. Amazing opportunity for an owner-user to live in one unit and rent the others, or an investor looking to buy in LA's competitive east side rental market. Set back from the street, the front structure includes two side by side, 1 BD/1 BA units, each with a bonus office. A separate entrance at the end of a long driveway, leads to a private and cheery 3BD/1BA house, with hardwood floors and updated kitchen and bathroom. Enjoy views...Charming single family craftsman and detached duplex in Silver Lake. Amazing opportunity for an owner-user to live in one unit and rent the others, or an investor looking to buy in LA's competitive east side rental market. Set back from the street, the front structure includes two side by side, 1 BD/1 BA units, each with a bonus office. A separate entrance at the end of a long driveway, leads to a private and cheery 3BD/1BA house, with hardwood floors and updated kitchen and bathroom. Enjoy views of the downtown skyline from the bedrooms and the large covered patio. Escape city life in the secluded and verdant garden with mature fruit trees and a grassy yard. Multiple outdoor areas for entertaining, dining, and gardening. Property includes one-car garage, a long driveway, and plenty of additional off street parking. Main house and one of the front units to be delivered vacant. Projected rent for all three units is $8300/month. Minutes away from Echo Park and Downtown LA, and major freeways. Walking distance to wonderful cafes, restaurants, shopping, and parks.

Listing Agents

  1. Bri Holmes

    Bri Holmes

    Listing Agent

    Compass

    DRE #02099754

    bri.holmes@compass.com

    P: 818.519.1661

  2. Natalie Trabin

    Natalie Trabin

    Alternative Listing Agent

    Compass

    DRE #01901052

Property Details for 2322 Berkeley Avenue

Water Front
None
Zoning
LAR2
Style
California Bungalow
Parcel Number
5424003005
Total Units
3.0
Living Area
2029
Source Living Area
Vendor Enhanced
Area
Silver Lake (671)

Location

Listing Courtesy of Compass, Bri Holmes, DRE #02099754; Compass, Natalie Trabin, DRE #01901052

Sold By Keller Williams Pacific Estate, Andrew Munoz, DRE #01989243

Add your commute
LISTING UPDATED: 05/28/2022 11:14 AM

Property Details for 2322 Berkeley Avenue

StatusSold
MLS #22-150767
Days on Market12
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1924
Lot Size0.17 AC / 7,291 SF
CountyLos Angeles County

Location

Listing Courtesy of Compass, Bri Holmes, DRE #02099754; Compass, Natalie Trabin, DRE #01901052

Sold By Keller Williams Pacific Estate, Andrew Munoz, DRE #01989243

Add your commute

Virtual Tour

Building Information for 2322 Berkeley Avenue

Stories-Residences-Year Built1924Building Size-Lot Size0.17 AC / 7,291 SF

Payment Calculator

$11,467 per month

30 year fixed, 7.25% Interest

Principal and Interest

$9,550

Property Taxes

$1,917

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2322 Berkeley Avenue

Community / Development
Community / Development
  • Number Of Units: 3
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 0
  • Number Of Buildings: 2
  • Type Of Units: Duplex/House
  • View: Yes
  • View Description: City, Tree Top, Skyline
  • View: City Lights
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector
  • Water Heaters: Yes
Contract Info
Contract Info
  • Financing: Cash To New Loan
  • Disclosures: None
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Scheduled
  • Gross Operating Income: $97,553
  • Net Operating Income: $81,553.00
  • Gross Income: $100,560
  • Cap Rate: 5.40%
  • Gross Rent Multiplier: $14.94
  • Owner Pays: Gardener, Water
  • Total Annual Expense: 16000
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.1674
  • Lot Size Square Feet: 7291
Parking Details
Parking Details
  • Parking Garage: Driveway, On street, Tandem
  • Total Parking: 3
  • Parking Features: Driveway, Street, Tandem Garage
Interior Features
Interior Features
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling Type: Window Unit(s)
  • Heating: Wall Furnace
  • Heating Type: Wall
  • Flooring: Hardwood, Tile
  • Equipment: Dishwasher, Range/Oven, Ceiling Fan, Refrigerator, Garbage Disposal
  • Interior Features: Ceiling Fan(s)
  • Bathroom Features: Shower and Tub, Tile
  • Cooking Appliances: Range, Oven
  • Laundry: Garage
  • Laundry Equipment: Own
Exterior Features
Exterior Features
  • Pool: No
  • Private Pool: No
  • Pool Description: None
  • Pool Features: None
  • Spa: No
  • Spa: None
  • Sprinklers: Drip System
  • Patio Features: Covered
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 04-28-2022
  • Listing Terms: Cash To New Loan
  • Tenant Pays: Electricity, Cable TV, Gas, Trash Collection
Unit Details
Unit 1 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,800.00
  • Unit Actual Rent: $1,800.00
  • Unit Projected Rent: $2,000.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $2,200.00
  • Unit Projected Rent: $2,200.00
  • Like Units: 1
Unit 3 Information
  • Unit Beds: 3
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $4,300.00
  • Unit Projected Rent: $4,300.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107, 2108
  • Number of Dishwasher: 1
  • Number Leased: 1
  • Number Patio: 2
  • Number Range: 3
  • Number Refrigerator: 3
  • Number Wall AC: 2
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $242,090.00
  • Assessed Improvement Percent: 29.58
  • Assessed Land Value: $576,408.00
  • Assessed Land Percent: 70.42
  • Assessed Total Value: $818,498.00

Property History for 2322 Berkeley Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 2322 Berkeley Avenue

Taxable ValueLand$1,428,000Additions$459,000Total$1,887,000
Tax Record2023$23,007 ($1,917 / month)
Home Facts
Total Finished SqFt2,029 SqFtAbove Grade Finished SqFt2,029 SqFtLot Size7,291 SqFtStyleTriplexYear Built1924ZoningLAR2CountyLOS ANGELESAPN5424-003-005

Schools near 2322 Berkeley Avenue

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
Mayberry 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 Compass, Bri Holmes, DRE #02099754; Compass, Natalie Trabin, DRE #01901052

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.