2220 W Earl Street

    Silver Lake (L), CA 90039
    • $1,715,000
    • STATUS: Closed
    • ON SITE: 172 days
    • ID#: 19476580
    Sold - 09/25/2019
    $1,715,000
    SOLD - 09/25/2019
    • 5
      BEDS
    • 0.11
      ACRES
    • 4
      BATHS
    • 0
      1/2 BATHS
    • 3,050
      SQFT
    • $562
      $/SQFT
    Type:
    Multi-Family
    Built:
    2019
    County:

    School Ratings & Info

    Description

    2019 built trophy architectural duplex in prime Silver Lake; a rare opportunity for an owner-user or investor seeking rental income. Lower unit is a 2 bedroom, 2 bathroom with open floor plan and beautiful polished concrete floors. Upper unit is a spacious and bright 3 bedroom, 2 bathroom with wide plank French oak hardwood floors throughout; each unit with their own laundry room, built-in stainless steel appliances, large patios and beautifully landscaped. Both units come with Smart Home features; including audio/video, Sonos music system, app controlled Lutron lighting and wired for exterior cameras. Minutes away from DTLA, Hollywood, Dodger Stadium, Griffith Park and the popular Sunset Junction, amazing restaurants, entertainment & more. The lower unit would make the perfect home office / music studio, or simply rent it out for 5k a month to offset your mortgage.

    Sold by Marcus Mcinerney BRE#01986885 of Reservoir Partners.

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    Based on information from CARETS as of 2019-12-14T13:30:51.22. The information being provided by CARETS 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 CARETS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this web site comes from the Internet Data Exchange (IDX) program of CARETS. 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. 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.

    Licensed in the State of California, USA.
    www.theparsonsrealestateteam.com/homes/96237572

    2220 W Earl Street Silver Lake (L), CA 90039

    • Price: $1,695,000
    • Status: Closed
    • Updated: 67 min ago
    • ID#: 19476580
    5
    Beds
    4
    Baths
    0
    ½ Baths
    0.11
    Acres
    3,050
    SQFT
    $562
    $/SQFT
    2019
    Built
    Neighborhood:
    Silver Lake - Echo Park (C21)
    County:
    Los Angeles
    Area:
    Silver Lake - Echo Park (C21)
    Property Description
    2019 built trophy architectural duplex in prime Silver Lake; a rare opportunity for an owner-user or investor seeking rental income. Lower unit is a 2 bedroom, 2 bathroom with open floor plan and beautiful polished concrete floors. Upper unit is a spacious and bright 3 bedroom, 2 bathroom with wide plank French oak hardwood floors throughout; each unit with their own laundry room, built-in stainless steel appliances, large patios and beautifully landscaped. Both units come with Smart Home features; including audio/video, Sonos music system, app controlled Lutron lighting and wired for exterior cameras. Minutes away from DTLA, Hollywood, Dodger Stadium, Griffith Park and the popular Sunset Junction, amazing restaurants, entertainment & more. The lower unit would make the perfect home office / music studio, or simply rent it out for 5k a month to offset your mortgage.
    Exterior Features

    Building Structure Style Modern Covered Spaces Total 2 Open Other Spaces Total 1 Parking Spaces Total 3 Parking Type CarportGarage Is Attached

    Interior Features

    Appliances DishwasherDryerGarbage DisposalRefrigeratorWasher Cooking Appliances Range Cooling Type Air Conditioning Floor Material Concrete SlabHardwood Heating Type Central Furnace Laundry Locations Laundry Area In Unit Total Floors 2 Unit Furnished01 Unfurnished Unit Furnished02 Unfurnished Unit Furnished03 Partially Unit Furnished04 Partially Unit Furnished05 Partially Unit Furnished06 Partially Unit Furnished07 Partially Unit Furnished08 Partially Unit Furnished09 Partially Unit Furnished10 Partially Unit Furnished11 Partially Unit Furnished12 Partially Unit Furnished13 Partially Unit Number Of Bath01 2.0 Unit Number Of Bath02 2.0 Unit Number Of Bed01 2 Unit Number Of Bed02 3

    Property Features

    Adjusted Gross Income 132000.00 Assessed Improvement Value 0.00 Buyer Financing Cash To Loan Cap Rate 6.25 Country United States Of America Expense Total Annual 26000.00 Gross Operating Income 132000.00 Gross Rent Multiplier 12.84 Hoa YN N Legal Disclosures Take Property As Is Lot Size Source Public Records Net Operating Income 106000.00 Number Of Buildings 1 Property Condition New Construction Special Conditions Standard Sale Square Footage Source Other Unit Monthly Rent01 5000.00 Unit Monthly Rent02 6000.00 Unit Projected Total Monthly Rent01 5000.00 Unit Projected Total Monthly Rent02 6000.00 Unit Total Monthly Rent01 0.00 Unit Total Monthly Rent02 0.00 Unit Type01 1 Unit Type02 2 Units Total In Complex 2 Zoning Lar2

    Listing provided courtesy of Eddie Kohan DRE#01986885 of Reservoir Partners and Marcus Mcinerney CA DRE# 01848675 of .


    Based on information from CARETS as of 2019-12-14T13:30:51.22. The information being provided by CARETS 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 CARETS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this web site comes from the Internet Data Exchange (IDX) program of CARETS. 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. 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.

    Licensed in the State of California, USA.
     
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    251 S. Lake Ave #150
    Pasadena CA, 91101