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2305 Silver Ridge Avenue, Los Angeles, California 90039, Los Angeles, 90039 - 6 bed, 6 bath

2305 Silver Ridge Avenue, Los Angeles, California 90039 home-pic-0
ACTIVE UNDER CONTRACT$1,495,000
2305 Silver Ridge Avenue, Los Angeles, California 90039
6Beds
6Baths
2,784Sqft
5,126Lot
Year Built
1965
Close
-
List price
$1.5M
Original List price
$1.5M
Price/Sqft
$537
HOA
-
Days on market
-
Sold On
-
MLS number
PF25248682
Home ConditionFair
Features
Good View: None
Deck
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $1.50M(75th), sqft - 2784(83th), beds - 6(83th), baths - 6(75th).

Nestled in the hills this Silver Lake duplex offers incredible potential and unmatched convenience just moments from the best the neighborhood has to offer. Each unit is a mirror image of the other, featuring 3 bedrooms and 2.5 bathrooms, separate dining rooms, and spacious living areas ideal for hosting and everyday comfort. A shared backyard, garage, and laundry room add to the practicality of the layout, while a newer roof installed in 2025 brings peace of mind. Unit 2305 is currently vacant and ready for a new owner’s vision—perfect for a buyer seeking to renovate, add value, and capitalize on upside potential. Unit 2307, beautifully updated and tenant-occupied, boasts gleaming hardwood floors, plentiful cabinet storage, and stainless steel appliances including a range/oven, refrigerator, and dishwasher. Outdoors, mature greenery creates privacy and a tranquil atmosphere, while an expansive yard and deck offer inviting spaces to relax, gather, and enjoy abundant California sunshine. Located within a short stroll of Silver Lake’s most beloved hotspots, this property puts renowned dining and local favorites at your fingertips—Ivanhoe, Burgers Never Say Die, Forage, Salazar, Edendale, and many more. Whole Foods, Constellation Coffee, Silver Lake Coffee, the reservoir, and the dog park are also just minutes away. Whether you’re an investor or owner-user, this is a rare chance to secure a versatile property in one of Los Angeles’ most desirable and vibrant neighborhoods.

Price History

Date
Event
Price
10/31/25
Listing
$1,495,000
07/03/95
Sold
$278,000
Condition Rating
Fair
The property, built in 1965, is 59 years old. While one unit (2307) has been updated with hardwood floors, mini-split AC, and stainless steel appliances, its kitchen and bathroom styles appear to be from an older renovation (likely 15-20 years ago) rather than a recent one. The second unit (2305) is explicitly stated to require renovation, with images showing outdated kitchen features (tile floor, fluorescent lighting, older cabinets/counters) and a bathroom with visible wear. Although a newer roof is mentioned, the age of the property suggests other major systems (plumbing, electrical) are likely original or nearing the end of their lifespan, requiring future attention. The overall condition is functional but shows signs of being outdated and requires significant investment in one unit to bring it up to modern standards.
Pros & Cons

Pros

Prime Silver Lake Location: Nestled in the hills, the property offers unmatched convenience, being moments away from Silver Lake's most beloved hotspots, dining, and local amenities, enhancing its desirability and potential for appreciation.
Income-Generating Duplex: As a residential income property, it features two distinct units, with Unit 2307 already updated and tenant-occupied, providing immediate rental income for an investor or owner-user.
Significant Value-Add Potential: Unit 2305 is currently vacant and primed for renovation, offering a new owner the opportunity to customize, add value, and maximize rental income or owner-occupancy appeal.
Spacious & Functional Layouts: Each unit boasts a generous layout with 3 bedrooms, 2.5 bathrooms, separate dining rooms, and spacious living areas, catering to comfortable living and hosting.
Desirable Outdoor Space & Shared Amenities: The property includes mature greenery for privacy, an expansive yard, and a deck for relaxation, complemented by practical shared amenities like a garage and laundry room.

Cons

Renovation Investment Required: Unit 2305 is vacant and explicitly stated as needing a new owner's vision for renovation, implying a significant capital expenditure will be necessary post-purchase.
Property Age: Built in 1965, the property's age suggests that while a newer roof is mentioned, other major systems (e.g., plumbing, electrical, HVAC) may be original or nearing the end of their lifespan, potentially requiring future updates or repairs.
Shared Facilities Management: While practical, shared amenities such as the backyard, garage, and laundry room can sometimes lead to complexities in management or potential disagreements between tenants in a duplex setting.

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