Nestled in the sought-after Silver Lake neighborhood, this meticulously maintained 1928 hillside Spanish duplex presents a fantastic opportunity for savvy owner-users or investors alike. Boasting a charming 2-bedroom, 1-bathroom upper owner's unit that will be delivered vacant at the COE, this abode exudes brightness and airiness while captivating with its character and allure, featuring coved ceilings, an updated kitchen and bath, and a cozy sunroom. The lower 1-bedroom, 1-bathroom unit comes with existing tenants in place, offering a fantastic opportunity to offset your mortgage while enjoying the benefits of ownership. Gated access leads to an inviting entry patio, with the lower unit also benefiting from its own gated private patio for added convenience. Elevating the living experience, a tiered patio above the owner's unit beckons with a pergola and several unique outdoor spaces adorned with succulents and southwestern flair, creating a tranquil retreat to unwind and entertain. Perched above the property stands a detached studio, ideal for creatives, yogis, or anyone in search of a separate workspace, providing the perfect solution to break free from working in the living room. Located mere moments away from a multitude of neighborhood favorites, such as Salazar, Frogtown Brewery, Ivanhoe, Whole Foods 365, Silver Lake Wine, Burgers Never Say Die, and Red Lion Tavern, this property immerses you in a vibrant and dynamic community. Don't miss this incredible opportunity to own this exceptional property, offering a harmonious blend of convenience, versatility, and charm in one of Silver Lake's most sought-after locations.
Multi-familyProperty Type
1928Year Built
4,154 sq ftLot Size
$815Est. Price/Sq.Ft.
2 car garageParking
Listed by Stephanie Younger•DRE #01365696• Compass
•310-499-2020 (agent)
•hello@stephanieyounger.com (agent)
Listed by Aishah Bango•DRE #02123858
•424-387-6911 (agent)
•aishah@pardeeproperties.com (agent)
Bought with Pamela Dao•DRE #02138060• EXP REALTY OF CALIFORNIA INC
This lovingly maintained 1928 hillside Spanish duplex in Silver Lake is an incredible opportunity for owner-users fatigued by the single family home drought. The 2/1 owners unit upstairs is bright and airy, filled with character and charm including coved ceilings, an updated kitchen and bath, and a cozy sunroom. The lower 1/1 unit comes with tenants in place to offset your mortgage. Gated access leads to an entry patio, the lower unit comes with its own gated private patio, and a tiered patio above the owners unit includes a pergola and several unique outdoor spaces lined with succulents and southwestern flair. Perched above the property is a detached studio, ideal for creatives, yogis, or anyone who wants to stop working from their living room. 2432 Riverside Dr is a brief trip to countless neighborhood favorites, including Salazar, Frogtown Brewery, Ivanhoe, Whole Foods 365, Silver Lake Wine, Burgers Never Say Die, and Red Lion Tavern.
CRMLS #316000715
Mar 23, 2016
Sold
$699,000
$438/sq ft
Mar 15, 2016
Pending
—
Feb 9, 2016
Pending
—
Jan 23, 2016
Listed
$699,000
$438/sq ft
Charming Silver Lake area home in immaculate condition. Consist of 2 units(1)1 bed & 1 bath $1,450/Month (2)2 bed & 1 bath $2,350/month. Located in easy access freeway and trendy restaurants and shops. Great floor plan welcome you to spacious living room with enclosed porch, upgraded kitchen with granite counters, new paint and brand new wood floors. Huge backyard is great for gathering and offers lots of privacy.
SDMLS #301708246
Mar 23, 2016
Sold
$699,000
$438/sq ft
Jan 23, 2016
Listed
$699,000
$438/sq ft
CRMLS #315010496
Jan 20, 2016
Listing Removed
—
Oct 21, 2015
Listed
$775,000
$486/sq ft
SDMLS #301703182
Jan 20, 2016
Listing Removed
—
Oct 21, 2015
Listed
$775,000
$486/sq ft
CRMLS #315006478
Oct 8, 2015
Listing Removed
—
Jul 27, 2015
Price Changed
$785,000
$492/sq ft
Jul 1, 2015
Listed
$795,000
$498/sq ft
SDMLS #301695930
Oct 8, 2015
Listing Removed
—
Jul 1, 2015
Listed
$785,000
$492/sq ft
SDMLS #301695927
Jul 1, 2015
Listed
$1,450
$1/sq ft
Jul 1, 2015
Listing Removed
—
CRMLS #315006539
Jul 1, 2015
Listed
$1,450
$1/sq ft
Jul 1, 2015
Listing Removed
—
SDMLS #301739967
May 30, 2015
Listing Removed
—
Jan 30, 2015
Listed
$899,000
$563/sq ft
CRMLS #315000775
Apr 27, 2015
Listing Removed
—
Jan 31, 2015
Price Changed
$899,000
$563/sq ft
Jan 30, 2015
Listed
$890,000
$558/sq ft
SDMLS #301783725
May 13, 2015
Listing Removed
—
Jan 30, 2015
Listed
$899,000
$563/sq ft
CRMLS #P0-315000775
Jan 30, 2015
Listed
$899,000
$563/sq ft
CRMLS #IG13002754
Feb 12, 2013
Sold
$488,000
$306/sq ft
Feb 7, 2013
Pending
—
Jan 30, 2013
Relisted
—
Jan 16, 2013
Pending
—
Jan 9, 2013
Price Changed
$499,000
$313/sq ft
Jan 8, 2013
Listed
$549,000
$344/sq ft
CRMLS #IG12147832
Jan 8, 2013
Listing Removed
—
Jan 4, 2013
Price Changed
$499,000
$313/sq ft
Dec 19, 2012
Price Changed
$509,000
$319/sq ft
Dec 5, 2012
Listed
$519,000
$325/sq ft
CRMLS #F11066995
Oct 19, 2011
Listing Removed
—
May 26, 2011
Listed
$310,000
$194/sq ft
Public Records
Feb 8, 2000
Sold
$10,000
$6/sq ft
Public Records
Oct 22, 1999
Sold
$193,000
$121/sq ft
Public Records
Jul 19, 1984
Sold
$75,000
$47/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$15,991 (+1.1%)
$832,320 + $520,200
$1,352,520
2024
$15,822 (+4.1%)
$816,000 + $510,000
$1,326,000
2023
$15,201 (+66.9%)
$800,000 + $500,000
$1,300,000
2021
$9,110 (−1.0%)
$918,000 + $306,000
$1,224,000
2020
$9,201 (+4.2%)
$573,069 + $191,387
$764,456
2019
$8,834 (+0.6%)
$567,193 + $189,425
$756,618
2018
$8,784 (+2.3%)
$556,072 + $185,711
$741,783
2017
$8,588 (+38.7%)
$534,480 + $178,500
$712,980
2016
$6,191 (+1.5%)
$534,480 + $178,500
$712,980
2015
$6,101 (−0.5%)
$312,070 + $195,563
$507,633
2014
$6,130 (−7.8%)
$301,362 + $188,853
$490,215
2012
$6,646 (+3.4%)
$400,000 + $170,000
$570,000
2011
$6,428 (−1.1%)
$420,349 + $92,271
$512,620
2010
$6,501 (+3.8%)
$412,107 + $90,462
$502,569
2009
$6,265 (−32.4%)
$409,028 + $89,786
$498,814
2008
$9,264
$410,000 + $90,000
$500,000
Tax history for 2432 Riverside Dr
Year
Property tax
Land + Additions
Assessment*
2025
$15,991 (+1.1%)
$832,320 + $520,200
$1,352,520
2024
$15,822 (+4.1%)
$816,000 + $510,000
$1,326,000
2023
$15,201 (+66.9%)
$800,000 + $500,000
$1,300,000
2021
$9,110 (−1.0%)
$918,000 + $306,000
$1,224,000
2020
$9,201 (+4.2%)
$573,069 + $191,387
$764,456
2019
$8,834 (+0.6%)
$567,193 + $189,425
$756,618
2018
$8,784 (+2.3%)
$556,072 + $185,711
$741,783
2017
$8,588 (+38.7%)
$534,480 + $178,500
$712,980
2016
$6,191 (+1.5%)
$534,480 + $178,500
$712,980
2015
$6,101 (−0.5%)
$312,070 + $195,563
$507,633
2014
$6,130 (−7.8%)
$301,362 + $188,853
$490,215
2012
$6,646 (+3.4%)
$400,000 + $170,000
$570,000
2011
$6,428 (−1.1%)
$420,349 + $92,271
$512,620
2010
$6,501 (+3.8%)
$412,107 + $90,462
$502,569
2009
$6,265 (−32.4%)
$409,028 + $89,786
$498,814
2008
$9,264
$410,000 + $90,000
$500,000
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Patio Features: Patio Open, Covered, Porch - Front
Other Structural Features: Sliding Glass Doors
Property Information
Property Type: Residential Income
Property Condition: Updated/Remodeled
Land Information
Other Structures: Accessory Bldgs
Lot Information
Lot Size (Sq. Ft.): 4,154
Lot Size (Acres): 0.0954
Zoning: LAR2
Lot Description: Fenced Yard, Back Yard
Property Features
Has View
View: Tree Top
Financial
Assessment Information
Assessed Total Value: $1,224,000
Assessed Land Value: $918,000
Assessed Land %: 75
Assessed Improvement Value: $306,000
Assessed Improvement %: 25.00
Assessor Parcel Number: 5438-005-005
Tax Information
No Mello-Roos Tax
Utilities
Utility Information
Sewer: In Street
Water: Public
Location
Community Information
# of Units in Complex (Total): 2
Athletic Court: None
Location Information
Directions: East of Glendale Blvd., South of Fletcher Dr., North of Allesandro St.
Public facts
Beds: 3
Baths: 2.0
Sq. Ft.: 1,596
Stories: —
Lot Size: 4,154 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1928
Year Renovated: 1928
County: Los Angeles County
APN: 5438005005
Home facts updated by county records on Oct 7, 2026
Other
Documents & Disclosures
Disclosures: Property Report, Rent Control
Listing Information
Inclusions: Oven/Stove, & Washer/Dryer.
Possession: Close Of Escrow, Tenant Rights
Around this home
Schools
K - 12
Preschool & daycare
Allesandro Elementary School
Public K-6 • Assigned • 0.3mi
9/10
Sotomayor Arts and Sciences Magnet
Public 6-12 • Assigned • 0.9mi
5/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
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