2432 Riverside Drive

Los Angeles, CA 90039

$1,300,000
Last Sold Price
3
Beds
2
Baths
1,596 Sq. Ft.
$815 / Sq. Ft.
1,596
Sq. Ft.
$815
per Sq. Ft.

Description

Nestled in the sought-after Silver Lake neighborhood, this meticulously maintained 1928 hillside Spanish duplex presents a fantastic opportunity for savvy owner-users or investors alike. Boasting a charming 2-bedroom, 1-bathroom upper owner's unit that will be delivered vacant at the COE, this abode exudes brightness and airiness while captivating with its character and allure, featuring coved ceilings, an updated kitchen and bath, and a cozy sunroom. The lower 1-bedroom, 1-bathroom unit comes with...Nestled in the sought-after Silver Lake neighborhood, this meticulously maintained 1928 hillside Spanish duplex presents a fantastic opportunity for savvy owner-users or investors alike. Boasting a charming 2-bedroom, 1-bathroom upper owner's unit that will be delivered vacant at the COE, this abode exudes brightness and airiness while captivating with its character and allure, featuring coved ceilings, an updated kitchen and bath, and a cozy sunroom. The lower 1-bedroom, 1-bathroom unit comes with existing tenants in place, offering a fantastic opportunity to offset your mortgage while enjoying the benefits of ownership. Gated access leads to an inviting entry patio, with the lower unit also benefiting from its own gated private patio for added convenience. Elevating the living experience, a tiered patio above the owner's unit beckons with a pergola and several unique outdoor spaces adorned with succulents and southwestern flair, creating a tranquil retreat to unwind and entertain. Perched above the property stands a detached studio, ideal for creatives, yogis, or anyone in search of a separate workspace, providing the perfect solution to break free from working in the living room. Located mere moments away from a multitude of neighborhood favorites, such as Salazar, Frogtown Brewery, Ivanhoe, Whole Foods 365, Silver Lake Wine, Burgers Never Say Die, and Red Lion Tavern, this property immerses you in a vibrant and dynamic community. Don't miss this incredible opportunity to own this exceptional property, offering a harmonious blend of convenience, versatility, and charm in one of Silver Lake's most sought-after locations.

Listing Agents

  1. Stephanie Younger

    Stephanie Younger

    Listing Agent

    Compass

    DRE #01365696

  2. Aishah Bango

    Aishah Bango

    Alternative Listing Agent

    Compass

    DRE #02123858

Property Details for 2432 Riverside Drive

Water Front
None
Zoning
LAR2
Style
Spanish
Parcel Number
5438005005
Total Units
2.0
Living Area
1596
Source Living Area
Assessor
Area
Silver Lake (671)

Location

Listing Courtesy of Compass, Stephanie Younger, DRE #01365696; Compass, Aishah Bango, DRE #02123858

Sold By EXP REALTY OF CALIFORNIA INC, Pamela Dao, DRE #02138060

Add your commute
LISTING UPDATED: 09/18/2023 02:20 PM

Property Details for 2432 Riverside Drive

StatusSold
MLS #23-297761
Days on Market18
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1928
Lot Size0.10 AC / 4,154 SF
CountyLos Angeles County

Location

Listing Courtesy of Compass, Stephanie Younger, DRE #01365696; Compass, Aishah Bango, DRE #02123858

Sold By EXP REALTY OF CALIFORNIA INC, Pamela Dao, DRE #02138060

Add your commute

Building Information for 2432 Riverside Drive

Stories2Residences-Year Built1928Building Size-Lot Size0.10 AC / 4,154 SF

Payment Calculator

$8,362 per month

30 year fixed, 7.25% Interest

Principal and Interest

$7,095

Property Taxes

$1,267

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2432 Riverside Drive

Community / Development
Community / Development
  • Tax Mello Roos: No
  • Number Of Units: 2
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Assessor
  • Number Of Stories: 2
  • Number Of Buildings: 2
  • Type Of Units: Duplex
  • View: Yes
  • View Description: Tree Top
  • Security Features: Gated
  • Direction Faces: East
  • Property Condition: Updated/Remodeled
  • Water: Public
  • Sewer: In Street
  • Water Heaters: Yes
  • ADA Compliance: No
Contract Info
Contract Info
  • Financing: Conventional
  • Disclosures: Property Report, Rent Control
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Scheduled
  • Gross Operating Income: $22,200
  • Net Operating Income: $20,200.00
  • Gross Income: $22,200
  • Gross Rent Multiplier: $16.00
  • Actual Annual Gross Rent: $22,200.00
  • Actual Rent Total: $1,850.00
  • Vacancy Allow Dollar: $.00
  • Total Annual Expense: 2000
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.0954
  • Lot Size Square Feet: 4154
  • Lot Features: Back Yard
  • Lot Description: Fenced Yard, Back Yard
Parking Details
Parking Details
  • Parking Garage: Detached, Garage - 1 Car, Garage
  • Total Parking: 2
  • Garage Spaces Total: 2
  • Parking Features: Garage - Single Door, Garage
  • Attached Garage: No
  • Garage Structures Total: 2.0
Interior Features
Interior Features
  • Room Type: Living Room
  • Rooms: Dining Area, Living Room, Patio Open
  • Levels: Multi/Split
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Den: No
  • Family Room: 0
  • Dining Room: 0
  • Cooling: Central Air
  • Cooling Type: Central, Window Unit(s)
  • Heating: Central, Forced Air, Radiant
  • Heating Type: Central, Forced Air, Radiant
  • Flooring: Tile, Wood, Vinyl Plank
  • Equipment: Range/Oven, Refrigerator, Washer, Dryer, Dishwasher, Ceiling Fan, Hood Fan, Garbage Disposal
  • Interior Features: Recessed Lighting
  • Room Kitchen Features: Kitchen Island, Granite Counters
  • Kitchen Features: Island, Granite Counters
  • Room Bathroom Features: Tile Counters, Shower in Tub
  • Bathroom Features: Tile, Shower Over Tub, Shower and Tub
  • Common Walls: Detached/No Common Walls
  • Cooking Appliances: Range Hood, Range
  • Laundry: Community, Outside, Laundry Area
  • Volt220 Location: In Garage
Exterior Features
Exterior Features
  • Pool: No
  • Private Pool: No
  • Pool Description: None
  • Pool Features: None
  • Spa: No
  • Spa: None
  • Tennis: No
  • Tennis Court: None
  • Roof: Flat
  • Patio Features: Patio Open, Covered, Porch - Front
  • Entry Location: Ground Level w/steps
  • New Construction: No
  • Other Structural Features: Sliding Glass Doors
  • Other Structures: Accessory Bldgs
Lease Terms
Lease Terms
  • Entry Date: 08-10-2023
Unit Details
Unit 1 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,850.00
  • Unit Actual Rent: $1,850.00
  • Unit Projected Rent: $2,150.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $4,250.00
  • Like Units: 2
Unit Details
  • Unit Type Type: 2106, 2107
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $306,000.00
  • Assessed Improvement Percent: 25.0
  • Assessed Land Value: $918,000.00
  • Assessed Land Percent: 75
  • Assessed Total Value: $1,224,000.00

Property History for 2432 Riverside Drive

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 2432 Riverside Drive

Taxable ValueLand$936,360Additions$312,120Total$1,248,480
Tax Record2023$15,201 ($1,267 / month)
Home Facts
Total Finished SqFt1,596 SqFtAbove Grade Finished SqFt1,596 SqFtLot Size4,154 SqFtStyleDuplexYear Built1928ZoningLAR2CountyLOS ANGELESAPN5438-005-005

Schools near 2432 Riverside Drive

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

Renaissance Arts Academy
CharterK to 12

John Marshall Senior High School
Public9 to 12

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, Stephanie Younger, DRE #01365696; Compass, Aishah Bango, DRE #02123858

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.