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1431 Silver Lake Boulevard, Silver Lake, California 90026, Silver Lake, 90026 - bed, bath

1431 Silver Lake Boulevard, Silver Lake, California 90026 home-pic-0
ACTIVE$1,240,000
1431 Silver Lake Boulevard, Silver Lake, California 90026
0Bed
0Bath
4,598Sqft
4,598Lot
Year Built
1960
Close
-
List price
$1.24M
Original List price
$1.65M
Price/Sqft
$270
HOA
-
Days on market
-
Sold On
-
MLS number
BB25042833
Home ConditionPoor
Features
Good View: Neighborhood
Deck
ViewNeighborhood

About this home

We found 3 Cons,6 Pros. Rank: price - $1.24M(73th), sqft - 4598(91th), beds - undefined(50th), baths - undefined(50th).

Welcome to your next investment opportunity in the heart of Silver Lake! This charming quadruplex, featuring four units, Three front units are vacant, 3 of the front units are 1 bedroom each and the rear separate unit is occupied has 2 bedrooms with a small backyard. Its is separately metered for water and electric for your convenience. Some of the units have some of the appliances included as seen. There is a wood deck on top with breathtaking hill and city views. The property is priced to sell and is a haven for savvy investors and individuals with an eye for potential. Nestled on a serene tree-lined street, this property is strategically situated near a park area and a community dog park, perfect for pet lovers. Enjoy the convenience of nearby trendy coffee shops and fine restaurants, creating an ideal setting for a vibrant and dynamic lifestyle. For outdoor enthusiasts, the Los Angeles River's bike path is just moments away, offering a scenic route for leisurely strolls and active adventures. Plus, this property is located near Silver Lake, a popular destination for joggers and outdoor enthusiasts who enjoy its scenic trails and lively atmosphere. Commuting is a breeze with easy freeway access, ensuring seamless travel to downtown Los Angeles and Hollywood. The strategic location also places you in close proximity to the renowned Glendale Galleria and Americana shopping centers, offering world-class shopping, dining, and entertainment options. This quadruplex is not just a property; it's an exceptional opportunity to invest in the flourishing community of Silver Lake. Don't miss out on the chance to make this property your own and unlock its full potential. Seize this opportunity and schedule your viewing today! 3 of the 4 units are already vacant! Two of the units have also had some upgrades. Call for an appointment today.

Nearby schools

5/10
Micheltorena Street Elementary School
Public,•K-5•0.3mi
2/10
Mayberry Street Elementary School
Public,•K-6•0.4mi
8/10
Clifford Street Elementary School
Public,•K-6•0.8mi
4/10
Lockwood Avenue Elementary School
Public,•K-6•1.0mi
6/10
Dayton Heights Elementary School
Public,•K-5•1.0mi
5/10
Commonwealth Avenue Elementary School
Public,•K-5•1.1mi
/10
Lexington Avenue Primary Center
Public,•K-2•1.1mi
/10
Lake Street Primary School
Public,•K-1•1.2mi
7/10
Dr. Sammy Lee Medical And Health Science Magnet Elementary
Public,•K-5•1.3mi
8/10
Allesandro Elementary School
Public,•K-6•1.6mi
8/10
Franklin Avenue Elementary School
Public,•K-6•1.6mi
9/10
Ivanhoe Elementary School
Public,•K-5•1.7mi
7/10
Los Feliz STEMM Magnet
Public,•K-6•1.7mi
6/10
Thomas Starr King Middle School
Public,•6-8•0.9mi
5/10
Virgil Middle School
Public,•6-8•1.4mi
6/10
Irving STEAM Magnet
Public,•6-8•2.8mi
8/10
John Marshall Senior High School
Public,•9-12•1.6mi
3/10
Belmont Senior High School
Public,•9-12•1.7mi

Price History

Date
Event
Price
12/18/25
Price Change
$1,240,000-0.8%
08/07/25
Price Change
$1,250,000
03/14/25
Listing
$1,649,000
01/11/22
Sold
$1,450,000
Condition Rating
Poor
Built in 1960, this quadruplex shows significant age and inconsistent conditions across its units. While two units have received some upgrades, evidenced by one modern kitchen with stainless steel appliances, shaker cabinets, and wood-look flooring, the other units feature very dated kitchens with older white appliances, laminate countertops, and older tile flooring. The property analysis explicitly notes 'Age and Condition Concerns' and the 'need for significant capital expenditure to modernize all units.' This indicates that substantial repairs and rehabilitation are required to bring the entire property to a competitive market standard, aligning with a 'Poor' condition rating.
Pros & Cons

Pros

Great Schools: Elementary School: Ivanhoe Elementary School (9/10).
Immediate Income Potential: Three out of four units are currently vacant, offering an investor immediate opportunity to renovate, set market rents, and maximize cash flow.
Prime Silver Lake Location: Nestled on a serene, tree-lined street in the highly desirable Silver Lake neighborhood, providing tenants with access to trendy amenities, parks, and a vibrant lifestyle.
Reduced Operating Costs: Separately metered utilities for water and electric significantly lower landlord operating expenses by transferring utility responsibility to tenants.
Attractive Price Point: The property has undergone a substantial price reduction from its original list price and is currently listed below its 2022 sale price, indicating a motivated seller and a compelling investment opportunity.
Premium Views & Amenity: A wood deck offering 'breathtaking hill and city views' provides a valuable amenity that enhances tenant appeal and property value.

Cons

Age and Condition Concerns: Built in 1960, the property's age suggests potential for outdated systems, deferred maintenance, and the need for significant capital expenditure to modernize all units.
Inconsistent Unit Upgrades: While two units have received some upgrades, the description implies inconsistent modernization across the quadruplex, potentially requiring further investment to bring all units to a competitive market standard.
Compact Lot Size: The 4,598 sqft lot size is relatively small for a four-unit property, potentially limiting extensive outdoor space and future expansion possibilities.

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