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
September 13, 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 | CA DRE# 01459596 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 9/13/2024