
Los Angeles, California 90026
This Contemporary Duplex represents a Strong Value Opportunity, listed at $2,195,000—positioned well below the $2,288,481 Fair Market Value by 4%. This valuation gap offers $93,481 in Instant Equity. With a Condition Rating of 3, the property features a modern loft-style lower unit and an updated upper kitchen. Boasting panoramic city light views, expansive decks, and HVAC, it is perfectly suited for Buy-and-Hold Investors or Owner-Occupants seeking a high-demand Silver Lake income-generating asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1642 Elevado Street Subject 6 bd · 5 ba · 4,366 sqft · $524 | $2,195,000* List Price | 6 | 5 | 4,366 | $524 | - |
A 1609 N Coronado Street Sold 5 bd · 4 ba · 3,585 sqft · $635 · 0.5 mi | $2,275,000 | 5 | 4 | 3,585 | $635 | 0.5 mi |
B 1624 Westerly Terrace Sold 5 bd · 6 ba · 4,315 sqft · $535 · 0.3 mi | $2,307,500 | 5 | 6 | 4,315 | $535 | 0.3 mi |
C 1684 Rotary Drive Active 4 bd · 5 ba · 3,500 sqft · $614 · 0.3 mi | $2,149,000 List Price | 4 | 5 | 3,500 | $614 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1927 but features significant modern renovations including a loft-style lower unit with concrete floors and an updated upper kitchen with stainless appliances. The property includes modern HVAC and is well-maintained, though some period details like vintage bathroom tiling remain, placing it in the 5-15 year renovation category.
Elementary School: Ivanhoe Elementary School (9/10).
Delivered completely vacant, this expansive duplex offers a rare opportunity for an owner-user to occupy one unit while generating significant rental income from the other in a high-demand rental market.
Situated on a quiet circular street, the property provides a peaceful retreat while being steps away from iconic Sunset Boulevard amenities like Night + Market Song and Pine + Crane.
While the area is highly desirable, the assigned local public schools show a wide variance in performance ratings, with some scoring as low as 2 or 3, which may concern education-focused buyers.
For a large six-bedroom property, the reliance on carport parking may be insufficient for multiple tenants or guests in a neighborhood where street parking is often limited.
In prime Silver Lake, this Contemporary duplex is delivered vacant, perfect for an owner-user and ready to generate income. The property embodies spaciousness, comfort and character, one part period details, one part groovy modern vibes. The upper unit opens to an expansive great room with hardwood floors and magnificent views; sliding glass doors lead to a deck with panoramic vistas of city lights, a dreamy setting for dining alfresco. The oversized kitchen has a stainless suite and ample storage. Bedrooms include one with an adjacent office and an ensuite primary. The lower-level unit has a modern, loft-like feel across a split-level layout, featuring soaring ceilings, finished concrete floors, exposed piping, a living room wet bar and blue accents. The oversized windows frame tree crowns and let in the natural light, and the outdoor access is seamless to a concrete patio and wood deck with a grapefruit tree. Bedrooms plus extra offices make it easy to designate space for work, providing infinite flexibility. Amenities include HVAC, laundry in each unit, basement storage, and carport parking. Close to all the action on Sunset, yet tucked away on a circular street for peaceful nights in. Local favorites include Alfred Coffee, Night + Market Song, Millie's Cafe, Sonmari, Bobo Thai, and Pine + Crane , and it's just a short hop to Silver Lake Blvd for L&E Oyster, LA Mill, and Botanica.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-6 • 0.5 mi
Grades K-6 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 6.0 | 3.0 |
| Baths | 5.0 | 2.0 |
| Square foot | 4,366 | 1,670.836 |
| Lot Size | 5,872 | 6,152.156 |
| Price | $2.19M | $1.34M |
| Price per sq ft | $503 | $807 |
| Built year | 1927 | 1941 |
| HOA | $0 | $238 |
| Days on market | 28 | 56 |
Oct 12, 2026
$2,195,000
Initial Listing
Apr 12, 2002
$575,000
Public Record
Apr 11, 2002
$575,000
Public Record
Nov 15, 1996
$175,000
Public Record