This duplex with a bonus unit presents a rare opportunity. Located directly on the Silver Lake Reservoir, it offers breathtaking views and an exceptional setting, making it ideal for either an investor or an owner-user. The property consists of two 2-bedroom, 1-bath units and a non-conforming studio. The larger unit is located in the front and features a spacious living room with a fireplace. An expansive patio off the living room provides magnificent views of the lake. The front unit has been updated with new electrical wiring, a new kitchen, a new bathroom, new insulation, new paint, and a new dishwasher. The rear unit also enjoys views from both the living room and kitchen. Its kitchen, which includes a breakfast bar, opens to the living room. Bathrooms, doors, windows, and closets have been updated. The studio includes a full kitchen and bathroom that have also been updated. All units are filled with abundant natural light and feature wonderful original details, with either hardwood floors or Spanish tile. There is also a basement workshop with a bathroom. A charming shared back patio offers a pleasant space for afternoon tea or gardening. The vibrant neighborhood includes the reservoir jogging path, dog park, and meadow, along with great restaurants, boutiques, and gourmet coffee spots. The property is being derived vacant.
Multi-familyProperty Type
1950Year Built
7,472 sq ftLot Size
$685Price/Sq.Ft.
2 spacesParking
Listed by Joseph Babajian•DRE #00813384• Rodeo Realty
•310-724-7100 (agent)
•joe@joebabajian.com (agent)
Listed by Mitra Sisatar•DRE #01239374• Coldwell Banker Realty
•310-666-1339 (agent)
•mitrasisatar@gmail.com (agent)
Bought with Myles Meeden•DRE #01428311• Belisle Realty,Inc.
Situated right on the Silver Lake Reservoir, this duplex plus bonus unit is a rare opportunity. With breathtaking views & an unparalleled location, it is perfect for an investor or owner user. There are (2) 2 bed/1 bath units & a non-conforming studio. The larger of the units in the front, has a spacious living room with fireplace. Take in the views from its expansive patio off the living room. Also very roomy, the back unit has views from the living room & kitchen. Its updated kitchen w/ breakfast bar is open to the living room. The studio has a full kitchen & bathroom. All units are filled with abundant light and have wonderful original details, hardwood floors or Spanish tile. There is also a basement workshop and a ¾ bath. Enjoy al fresco meals on the shared back patio or grow vegetables in the top garden. The vibrant neighborhood offers reservoir jogging path, dog park & meadow. Stone's throw to hiking, restaurants, boutiques & gourmet coffee spots. Studio will be vacant at COE.
CRMLS #12115517
Apr 7, 2009
Listing Removed
—
Jan 6, 2009
Price Changed
$1,230,000
$455/sq ft
Dec 31, 2008
Listing Removed
—
Oct 22, 2008
Price Changed
$1,249,000
$462/sq ft
Sep 30, 2008
Listing Removed
—
Sep 19, 2008
Price Changed
$1,325,000
$490/sq ft
Sep 5, 2008
Listed
$1,395,000
$516/sq ft
Public Records
Sep 28, 2004
Sold
$835,000
$309/sq ft
CRMLS #M302038
Dec 25, 2003
Listing Removed
—
Jul 25, 2003
Listed
$310,000
$115/sq ft
CRMLS #M302036
Dec 25, 2003
Listing Removed
—
Jul 25, 2003
Listed
$749,000
$277/sq ft
Public Records
Mar 28, 2001
Sold
$580,000
$215/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$21,999 (+1.1%)
$1,479,175 + $372,409
$1,851,584
2024
$21,751 (+2.0%)
$1,450,172 + $365,107
$1,815,279
2023
$21,327 (+4.9%)
$1,421,738 + $357,949
$1,779,687
2022
$20,330 (+1.2%)
$1,393,861 + $350,931
$1,744,792
2021
$20,081 (−1.0%)
$1,366,531 + $344,050
$1,710,581
2020
$20,288 (+4.2%)
$1,339,737 + $337,304
$1,677,041
2019
$19,477 (+55.5%)
$1,326,000 + $333,846
$1,659,846
2018
$12,523 (+2.2%)
$1,300,000 + $327,300
$1,627,300
2017
$12,249 (+2.4%)
$600,519 + $402,347
$1,002,866
2016
$11,962 (+1.5%)
$600,519 + $402,347
$1,002,866
2015
$11,787 (−0.4%)
$588,745 + $394,458
$983,203
2014
$11,831 (−1.3%)
$568,543 + $380,923
$949,466
2012
$11,991 (+3.4%)
$565,974 + $379,202
$945,176
2011
$11,597 (−1.6%)
$554,877 + $371,767
$926,644
2010
$11,791 (+4.5%)
$543,998 + $364,478
$908,476
2009
$11,282 (+4.3%)
$539,933 + $361,754
$901,687
2008
$10,820
$541,216 + $362,614
$903,830
Public record
Public record
Permits
Beds
4
Baths
2
Stories
—
Lot width
—
Lot depth
—
Lot size
7,472 Sq. Ft.
Year renovated
1950
Sq. Ft.
2,702
Year built
1950
Style
Multi-Family (2-4 Unit)
County
Los Angeles County
APN
5422005031
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 7, 2026.
Aug 1, 2025 • Active
Bldg-alter/repair
Replace windows in a residential building with new windows of the same size and type. The new windows must be dual-glazed and certified by the National Fenestration Rating Council.
Remodel
Aug 7, 2007 • Final
Electrical
Install smoke detectors in an apartment rental unit.
Electrical
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Parking
Garage
Carport Attached
Parking
# of Parking Spaces (Total): 2
Interior
Equipment
Dryer, Dishwasher, Garbage Disposal, Washer, Refrigerator, Range/Oven, Other
Heating & Cooling
Central Cooling
Central Heat
Multi-Unit Income
Gross Income: 133200
Gross Operating Income: $120,000
Net Operating Income: $80,885
Multi-Unit Expenses
Total Annual Expense: $39,115
Multi-Unit Other Financial Information
Cap Rate: 4.2
Gross Rent Multiplier: 14.2
Scheduled Actual: Scheduled
Multi-Unit Information
Unit Type Type: 1, 2, 3
Type Of Units: Multi-family
# of Buildings: 1
Unit 1 Information
# of Beds: 2
# of Baths: 1.00
Projected Rent: $4,600
# of Units: 1
Unit 2 Information
# of Beds: 2
# of Baths: 1.00
Projected Rent: $4,300
# of Units: 2
Unit 3 Information
# of Beds: 0
# of Baths: 1.00
Projected Rent: $1,700
# of Units: 3
Exterior
Building Information
Multi Levels
Property Information
Property Type: Residential Income
Land Information
Other Structures: Other
Lot Information
Lot Size (Sq. Ft.): 7,472
Lot Size (Acres): 0.1715
Zoning: LAR1
Financial
Assessment Information
Assessed Total Value: $1,815,279
Assessed Land Value: $1,450,172
Assessed Land %: 79.89
Assessed Improvement Value: $365,107
Assessed Improvement %: 20.11
Assessor Parcel Number: 5422-005-031
Tax Information
No Mello-Roos Tax
Location
Community Information
# of Units in Complex (Total): 3
Location Information
Directions: Rockford runs parallel with Silver Lake Blvd and is between Cove and Baxter.
Public facts
Beds: 4
Baths: 2.0
Sq. Ft.: 2,702
Stories: —
Lot Size: 7,472 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1950
Year Renovated: 1950
County: Los Angeles County
APN: 5422005031
Home facts updated by county records on Oct 7, 2026
Other
Documents & Disclosures
Disclosures: As Is
Around this home
Schools
Clifford Street Elementary School
Public K-5 • Assigned • 0.4mi
6/10
Thomas Starr King Middle School
Public 6-8 • Assigned • 1.1mi
6/10
John Marshall Senior High School
Public 9-12 • Assigned • 1.3mi
8/10
Provided by GreatSchools
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