2969 London Street

Los Angeles, CA 90026

$1,295,000
Price
3
Beds
2
Baths
1,875 Sq. Ft.
$691 / Sq. Ft.
1,875
Sq. Ft.
$691
per Sq. Ft.

Description

Opportunity knocks! Centrally located in one of LA's hottest neighborhoods, this charming 1940's Silver Lake duplex is close to Sunset Junction, Korea Town, Griffith Park, DTLA, the Reservoir, a farmers market, and much more. Both units have their own entrance, rich hardwood floors and combine for a total of 1,875 square feet of sun-lit living space. The upper unit has a stunning living room with large picture windows, 2 bedrooms, 1 bath, and a bonus room that makes a great office/flex space that...Opportunity knocks! Centrally located in one of LA's hottest neighborhoods, this charming 1940's Silver Lake duplex is close to Sunset Junction, Korea Town, Griffith Park, DTLA, the Reservoir, a farmers market, and much more. Both units have their own entrance, rich hardwood floors and combine for a total of 1,875 square feet of sun-lit living space. The upper unit has a stunning living room with large picture windows, 2 bedrooms, 1 bath, and a bonus room that makes a great office/flex space that opens to an enchanting garden area shaded by mature trees. The cozy lower unit has 1 bedroom, 1 bath and a private deck that is perfect for entertaining and unwinding beneath the stars. This quintessentially Silver Lake duplex includes a 2-car garage. This is a great investment property - live in one unit and rent the other, or rent both. With an abundance of charm, quick freeway access and surrounded by some of LA's best destinations and dining, this property is a rare find for the savvy buyer.
  1. Listed by Andre Warren • DRE #02053004 • Brokerage DRE #01738973 • The Agency

Property Details for 2969 London Street

Zoning
LARD2
Style
Bungalow
Parcel Number
5401025005
Total Units
2.0
Living Area
1875
Source Living Area
Vendor Enhanced
Area
Silver Lake (671)
Vacancy Rate
0
LISTING UPDATED: 07/03/2024 12:01 AM

Property Details for 2969 London Street

StatusActive
MLS #24-408031
Days on Market74
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1939
Lot Size0.10 AC / 4,226 SF
CountyLos Angeles County

Building Information for 2969 London Street

Stories2Residences-Year Built1939Building Size-Lot Size0.10 AC / 4,226 SF

Property Information for 2969 London Street

Community / Development
Community / Development
  • Number Of Units: 2
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 2
  • Number Of Buildings: 1
  • Type Of Units: Residential
  • View: Yes
  • View Description: Other
Contract Info
Contract Info
  • Disclosures: None
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $62,388
  • Net Operating Income: $53,096.00
  • Gross Income: $62,388
  • Gross Rent Multiplier: $20.76
  • Total Annual Expense: 9292
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.097
  • Lot Size Square Feet: 4226
Parking Details
Parking Details
  • Parking Garage: Attached, Garage - 2 Car
  • Total Parking: 2
  • Parking Features: Garage - Two Door
  • Attached Garage: Yes
Interior Features
Interior Features
  • Levels: Two
  • Cooling Type: Air Conditioning
  • Heating: Central
  • Heating Type: Central
  • Equipment: Dishwasher, Refrigerator, Range/Oven
  • Laundry: In Unit
Exterior Features
Exterior Features
  • Pool: No
  • Private Pool: No
  • Pool Description: None
  • Pool Features: None
  • Spa: No
  • Spa: None
  • Entry Location: Ground Level w/steps
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 06-25-2024
  • Listing Terms: Cash, Conventional
  • Rent Control: Yes
Unit Details
Unit 1 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $3,047.00
  • Unit Actual Rent: $3,047.00
  • Unit Projected Rent: $.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,152.00
  • Unit Actual Rent: $2,152.00
  • Unit Projected Rent: $.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $372,451.00
  • Assessed Improvement Percent: 41.0
  • Assessed Land Value: $535,906.00
  • Assessed Land Percent: 59
  • Assessed Total Value: $908,357.00

Property History for 2969 London Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2969 London Street

Taxable ValueLand$535,906Additions$372,451Total$908,357
Tax Record2023$11,170 ($931 / month)
Home Facts
Total Finished SqFt1,875 SqFtAbove Grade Finished SqFt1,875 SqFtLot Size4,226 SqFtStyleDuplexYear Built1939ZoningLARD2CountyLOS ANGELESAPN5401-025-005

Schools near 2969 London Street

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Charter - K to 8
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Camino Nuevo Charter Academy No. 4
CharterK to 8

Virgil Middle School
Public6 to 8

Miguel Contreras Learning Complex School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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2969 London Street is a multi-family home for sale in Los Angeles, CA 90026. This property was listed for sale on June 25, 2024 by The Agency, it's currently listed at $1,295,000. It has been on the market for a total of 74 days and was last sold on December 29, 2004. This listing's school district is Los Angeles Unified School District. Nearby schools include Camino Nuevo Charter Academy No. 4, Virgil Middle School and Contreras Learning Center-School Of Social Justice. 2969 London Street is a 3-bed, 2-bath, 1,875 sqft multi-family home built in 1939.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of The Agency, Andre Warren, DRE #02053004

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.