Sold

2330 Teviot ST

LOS ANGELES CA, 90039

$1,832,000


$631.72 per sqft

Sold

5 Beds

4 Baths

2,900 sqft

Multi-family

Built in 1923

2330 Teviot St is a rare, meticulously maintained duplex (two single-family residences on a massive 10,000 square foot lot) nestled in highly sought-after Silver Lake! The sprawling hillside property is just minutes away from the picturesque Silver Lake Reservoir and Glendale Blvd, home to popular spots like Whole Foods, Red Lion Tavern, and Constellation Coffee! With its prime, walkable location, breathtaking views of the Silver Lake Reservoir, and expansive decks off each unit's living area, this property has always been a magnet for A+ tenants. Additionally, there is an existing non-conforming unit (used currently as storage) that has potential to be converted into an ADU- offering buyers a significant value add play! This iconic hillside property will be delivered with one home vacant at close of escrow- presenting an ideal opportunity for both owner-occupiers and investors alike. Option A: Reside in the luxuriously renovated, vacant single-family residence while enjoying rental income to offset expenses. Option B: Rent both units out for a projected cap rate of 4.76% and convert the non-conforming unit into an ADU for further added income! The front home's tenants are highly reliable and respectful, with a track record of timely payments- making them both perfect neighbors and tenants! The rear residence is a fully remodeled 3-bedroom, 2-bathroom SFR that blends the character and charm of the 1920's with ultra-chic modern accents (2023 renovation). Features include original arched details, curved plaster ceilings, modern LED recessed lighting, a brand-new kitchen with stainless steel LG appliances, and a spacious deck offering captivating sunset views of Silver Lake Reservoir and the canyon. The front residence, a 2003 constructed 2-bedroom, 2-bathroom SFR with an attached two-car garage, boasts an open floor plan, a gourmet kitchen with a large island, a stylish tiled bathroom, and expansive sliding glass doors leading to a generous sun deck with sweeping hillside and reservoir views. Notably, both residences have their own washer and dryer units! With 6 private parking spaces (4 exterior spaces and 2 garage spaces) secured behind a motorized security gate, parking is ample a rare find in this bustling area! Whether you're looking for a home with rental income potential or a savvy investment opportunity, 2330 Teviot St offers the versatility and financial prospects you've been searching for!

BB24041706MR

MLS ID

March 1, 2024

Listed

July 18, 2024

Updated

Map

2330 Teviot ST
LOS ANGELES CA, 90039

Interior Features

Total Stories

1


Bedrooms

5


Total Bathrooms

4


Appliances

Dishwasher, Dryer, Dryer Included, Freezer, Refrigerator, Washer, Washer Hookup, Washer Included


Laundry Description

Dryer, Dryer Included, Washer, Washer Hookup, Washer Included


Fireplace

Yes


Fireplace Description

Living Room


Cooling

Yes


Cooling Description

See Remarks


Heating

Yes


Heating Description

Other

Exterior/Building Features

Lot Size

0.23 Acres


Architectual Style

Contemporary


Sewer

Public Sewer

Other Property Details

Area Name

Silver Lake - Echo Park


Taxes

$26,327


Tax Frequency

Annually


Days on Market

54


Garage

Yes


Garage Spaces

2


Parking

Assigned, Driveway, Garage, Garage - 2 Car


Parking Total

6


View

Yes


View Description

Hills, Reservoir, Water


County

Los Angeles


Water Source

Public


Pool

No


Pool Features

None


Lakefront

Yes


Zoning

LAR2

Listing History

Date

Event

Price

7/17/2024

Sold

$1,832,000

Listed by Elizabeth Maddox with Myunits.com Inc.
Listing Contact: 818-850-8485 

Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Cari Field Team shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

©2024 Combined L.A./Westside MLS. All rights reserved.

Data last updated 7/18/2024

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