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743 Silver Lake Boulevard, Los Angeles, California 90026, Los Angeles, 90026 - 3 bed, 4 bath

743 Silver Lake Boulevard, Los Angeles, California 90026 home-pic-0
ACTIVE$1,199,000
743 Silver Lake Boulevard, Los Angeles, California 90026
3Beds
4Baths
1,628Sqft
1,621Lot
Year Built
2019
Close
-
List price
$1.2M
Original List price
$1.3M
Price/Sqft
$736
HOA
$245
Days on market
-
Sold On
-
MLS number
25516141
Home ConditionExcellent
Features
Good View:
Deck
View

About this home

Possibly Over-Priced:The estimated price is 4% below the list price. We found 4 Cons,5 Pros. Rank: price - $1.20M(24th), sqft - 1628(50th), beds - 3(50th), baths - 4(85th).

Fantastic unit in Marathon 12, a community of a dozen modern Mediterranean residences in a primo Silver Lake location. This unit is defined by clean modern lines and incredible natural light. As an end unit, it enjoys wide-open Southwestern exposure. This newer construction home features three en-suite bedrooms and an open-concept layout. The large kitchen boasts a generous center island with plenty of counter space and opens to the bright and cheerful dining and living areas. There is a direct-access private 2-car garage, ample guest parking, and a spacious rooftop deck with lovely views. Enjoy an unbeatable location where the best of Silver Lake -- the farmers' market, the reservoir, Sunset Junction, countless bars and restaurants -- and convenient freeway access are all within easy reach.

Condition Rating
Excellent
This property, built in 2019, is practically new construction and aligns perfectly with the 'Excellent' criteria. The images showcase a modern aesthetic throughout, featuring an open-concept layout, clean lines, and abundant natural light. The kitchen is a highlight, boasting contemporary white flat-panel cabinetry, high-end stainless steel appliances, a large island with a waterfall countertop, and modern pendant lighting. Bathrooms are equally impressive with floating vanities, sleek fixtures, and tiled showers, all in pristine condition. Flooring appears to be a desirable hard surface in main living areas, and recessed lighting is prevalent. There are no signs of deferred maintenance or physical depreciation, indicating all components meet current quality standards.
Pros & Cons

Pros

Prime Silver Lake Location: The property boasts an unbeatable location in Silver Lake, offering easy access to the farmers' market, the reservoir, Sunset Junction, numerous bars and restaurants, and convenient freeway access.
Newer Construction & Modern Design: Built in 2019, this unit features clean modern lines, an open-concept layout, and is part of a community of modern Mediterranean residences, appealing to contemporary tastes.
Rooftop Deck with Views: A spacious rooftop deck provides valuable private outdoor living space and offers lovely views, enhancing the property's lifestyle appeal.
Functional & Desirable Interior: The home includes three en-suite bedrooms for privacy and convenience, along with a large kitchen featuring a generous center island and ample counter space.
Abundant Natural Light & End Unit Advantage: As an end unit, the property benefits from incredible natural light and wide-open Southwestern exposure, creating a bright and cheerful living environment.

Cons

Low Available Lot Utilization: The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 1621, living area = 1628.
Listing Price Exceeds Estimated Value: The current list price is 4% higher than the property's estimated value, which may indicate it is priced above current market expectations or recent comparable sales.
Monthly Homeowners Association (HOA) Fee: A recurring monthly association fee of $245 adds to the cost of ownership, which is also higher than a nearby comparable property.
Community Living Structure: As a unit within a community of residences, it implies shared responsibilities and potential restrictions, which might be less appealing to buyers seeking a fully detached single-family home experience.

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