1522 N Benton Way, Los Angeles, California 90026, Los Angeles, 90026 - bed, bath

1522 N Benton Way, Los Angeles, California 90026 home-pic-0
ACTIVE$2,299,000
1522 N Benton Way, Los Angeles, California 90026
0Bed
0Bath
3,344Sqft
6,001Lot

Price Vs. Estimate

The estimated value ($1,391,852.925) is $907,147.075 (39%) lower than the list price ($2,299,000). This property may be overpriced.

Key pros and cons

Top Pros:
Income-Generating Potential / Multi-Generational Living: This rare property features two fully detached homes on a single lot, offering exceptional flexibility for rental income, a multi-generational compound, or a live-work setup in a highly desirable area.
Top Cons:
Significant Discrepancy in Valuation: The current listing price of $2.299M is considerably higher than the provided property estimation of approximately $1.39M, suggesting potential overpricing relative to market data or recent comparable sales.

Compared to the nearby listings

Price:$2.30M vs avg $1.55M (+$744,000)87%
Size:3,344 sqft vs avg 1,621.5 sqft95%
Price/sqft:$688 vs avg $99121%

More Insights

Built in 1948 (77 years old).
Condition: The property, built in 1948, features two detached homes. The description explicitly states the front bungalow is 'beautifully updated' with 'modern upgrades' and is 'move-in ready.' The provided image of this bungalow strongly supports this, showcasing a modern front door, contemporary light fixture, and a clean, recently renovated exterior. While specific renovation dates for the main house are not given, the overall listing describes both as 'stunning' and implies a high standard of recent renovation throughout, aligning with the 'Excellent' criteria of being extensively renovated within the last 5 years with virtually new components and no deferred maintenance.
Year Built
1948
Close
-
List price
$2.3M
Original List price
$2.3M
Price/Sqft
$688
HOA
-
Days on market
-
Sold On
-
MLS number
PW25145004
Home ConditionExcellent
Features
Excellent View: City Lights
Deck
ViewCity Lights

About this home

Silver Lake Unicorn – Two Stunning Detached Homes, One Unforgettable Opportunity. Welcome to 1522 N Benton Way—a once-in-a-lifetime chance to own two fully detached homes on a single lot in the vibrant heart of Silver Lake. This rare property offers easy access, sweeping Downtown LA views, abundant parking, and proximity to top grocery options including Sprouts, Vons, Whole Foods, Erewhon, and neighborhood bodegas. Nestled in a dynamic, creative enclave, this is an ideal setting for artist families and anyone seeking a vibrant, walkable community. Step into the massive two-story residence, a 4-bedroom, 3-bathroom home boasting 2,460 square feet of sun-drenched living space. Enjoy breathtaking views of Downtown LA and unwind on the private balcony off the primary suite, your own personal sky lounge. The home includes two oversized two-car garages, offering room for all your toys—with potential for an ADU, creative studio, or workshop. Full alley access adds versatility and value. The front home is a beautifully updated 2-bedroom, 1.5-bath bungalow with 864 square feet of bright, move-in-ready space. Featuring modern upgrades, cozy charm, private parking, and a tranquil yard, it's perfect for relaxing or entertaining. Located in one of LA’s most walkable and culturally rich neighborhoods, you're just steps from the dog park, Silver Lake Reservoir, Sunset Junction, and beloved local spots like Intelligentsia, Pine & Crane, Silver Lake Ramen, and Alimento—plus the area’s signature bodegas that double as coffee shops, community hubs, and curated markets. Whether you're looking to live in one unit and rent the other, create a multigenerational compound, or invest in one of the city’s most iconic zip codes, this is the kind of opportunity that rarely comes along—and when it does, it doesn’t last. Bold. Flexible. Inspiring. This is Silver Lake living at its best.

Nearby schools

2/10
Mayberry Street Elementary School
Public,K-60.1mi
5/10
Micheltorena Street Elementary School
Public,K-50.5mi
8/10
Clifford Street Elementary School
Public,K-60.6mi
5/10
Rosemont Avenue Elementary School
Public,K-50.9mi
3/10
Elysian Heights Elementary School
Public,K-61.0mi
/10
Lake Street Primary School
Public,K-11.3mi
8/10
Allesandro Elementary School
Public,K-61.4mi
4/10
Betty Plasencia Elementary School
Public,K-61.4mi
7/10
Dorris Place Elementary School
Public,K-61.7mi
3/10
Gratts Learning Academy For Young Scholars (Glays)
Public,K-61.9mi
7/10
Solano Avenue Elementary School
Public,K-62.1mi
6/10
Castelar Street Elementary School
Public,K-52.1mi
2/10
Logan Street Elementary School
Public,K-80.7mi
6/10
Thomas Starr King Middle School
Public,6-81.1mi
5/10
Virgil Middle School
Public,6-81.6mi
3/10
Sal Castro Middle School
Public,6-81.7mi
6/10
Irving STEAM Magnet
Public,6-82.7mi
5/10
Florence Nightingale Middle School
Public,6-82.7mi
8/10
John Marshall Senior High School
Public,9-121.7mi
3/10
Belmont Senior High School
Public,9-121.7mi

Price History

Date
Event
Price
07/18/22
Sold
$1,500,000
Condition Rating
Excellent

The property, built in 1948, features two detached homes. The description explicitly states the front bungalow is 'beautifully updated' with 'modern upgrades' and is 'move-in ready.' The provided image of this bungalow strongly supports this, showcasing a modern front door, contemporary light fixture, and a clean, recently renovated exterior. While specific renovation dates for the main house are not given, the overall listing describes both as 'stunning' and implies a high standard of recent renovation throughout, aligning with the 'Excellent' criteria of being extensively renovated within the last 5 years with virtually new components and no deferred maintenance.
Pros & Cons

Pros

Income-Generating Potential / Multi-Generational Living: This rare property features two fully detached homes on a single lot, offering exceptional flexibility for rental income, a multi-generational compound, or a live-work setup in a highly desirable area.
Prime Silver Lake Location & Walkability: Situated in the vibrant and culturally rich Silver Lake neighborhood, the property boasts excellent walkability to top grocery stores, popular dining spots, the Silver Lake Reservoir, and local community hubs.
Panoramic City Views: The main residence provides sweeping, breathtaking Downtown LA views, particularly from the primary suite's private balcony, significantly enhancing the property's aesthetic appeal and market value.
Abundant Parking & Development Potential: The property includes two oversized two-car garages and benefits from full alley access, providing ample parking and clear potential for ADU conversion, creative studios, or workshops.
Updated Secondary Unit: The front 2-bedroom bungalow is described as beautifully updated and move-in ready, offering immediate value and appeal for tenants or family members without requiring extensive renovations.

Cons

Significant Discrepancy in Valuation: The current listing price of $2.299M is considerably higher than the provided property estimation of approximately $1.39M, suggesting potential overpricing relative to market data or recent comparable sales.
Age of Construction (Potential for System Updates): Built in 1948, the property is over 75 years old. While the front unit is updated, the description does not detail the extent of updates to the main residence's core systems (e.g., plumbing, electrical, HVAC), which could lead to future maintenance or upgrade costs.
Varying Local School Ratings: While the area offers several schools, the closest elementary school, Mayberry Street Elementary, has a lower rating (2/10), which might be a concern for prospective buyers prioritizing top-tier local public education.

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