
Los Angeles, California 90039
This Turnkey Condominium in the heart of Silverlake presents a High-Potential Investment Opportunity, listed at a List Price of $850,000—positioned well below the $884,148 Fair Market Value by 3%. This valuation gap offers $34,148 in Instant Equity. Featuring a Condition Rating of 3, the unit includes modernized bathrooms and a private balcony with West-facing hill views. With comprehensive HOA coverage and resort-style amenities, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a move-in ready urban sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2018 Griffith Park Boulevard 219 Subject | $850,000* List Price | 2 | 2 | 1,209 | $731 | - |
A 2018 Griffith Park Boulevard 109 Sold | $790,000 | 2 | 2 | 1,013 | $780 | 0.0 mi |
B 2018 Griffith Park Boulevard 310 Sold | $1,012,000 | 2 | 2 | 1,172 | $863 | - |
C 2018 Griffith Park Boulevard 215 Sold | $810,000 | 2 | 2 | 1,013 | $800 | - |
D 2397 Silver Lake Boulevard 22 Sold | $765,000 | 1 | 2 | 1,071 | $714 | 0.8 mi |
E 2364 Duane Street 5 Sold | $1,070,000 | 2 | 3 | 1,279 | $837 | 0.7 mi |
F 2753 Waverly Drive 806 Sold | $935,000 | 2 | 3 | 1,243 | $752 | 0.9 mi |
G 2018 Griffith Park Boulevard 318 Sold | $890,000 | 2 | 2 | 1,073 | $829 | - |
H 2018 Griffith Park Boulevard 116 Active | $795,000 List Price | 2 | 2 | 1,172 | $678 | - |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While the building was constructed in 1982, the interior has undergone significant renovations within the last 5-15 years. The kitchen features updated cabinetry and stainless steel appliances, and both bathrooms have been modernized with floating vanities, vessel sinks, and contemporary tile work. The unit appears well-maintained with updated flooring and lighting, making it move-in ready.
Situated in the heart of Silver Lake, this property offers immediate access to the neighborhood's renowned dining, shopping, and vibrant cultural scene, making it a highly desirable location for urban professionals.
The HOA fee provides significant value by including earthquake insurance, high-speed internet, basic cable, and water, offering residents a simplified and inclusive monthly utility structure.
The 1,209 sqft layout features thoughtfully separated bedrooms and an open-concept living space, providing an ideal balance of privacy and social flow for residents and guests.
The two assigned parking spaces are in a tandem arrangement, which can be a daily inconvenience for multi-vehicle households compared to side-by-side parking.
At $765 per month, the HOA dues are relatively high, which may impact the overall affordability and debt-to-income ratio for budget-conscious buyers.
Welcome to Cedar Lodge, a tranquil retreat in the heart of Silverlake! This beautifully updated 2BD+2BA, 1,209 sf condo features a spacious open-concept layout with a fully renovated kitchen showcasing a sleek, modern design. The thoughtfully designed floor plan offers privacy with bedrooms separated from the main living areas. The spacious primary suite features a private ensuite with dual sinks and two separate closets. Enjoy cozy evenings by the living room fireplace or step onto your private balcony and take in views overlooking prestigious Franklin Hills.Cedar Lodge offers resort-style amenities including a pool, spa, picnic/BBQ area, walking paths, and ample guest parking. HOA includes water, trash, general & earthquake insurance, basic cable, high-speed internet, and a secure entrance system. Includes 2 tandem parking spaces with EV charging available. Ideally located moments from Silverlakes renowned restaurants, cafes, shops, and all the neighborhood has to offer.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,209 | 1,219.385 |
| Lot Size | 121,326 | 27,236.074 |
| Price | $850.0K | $800.2K |
| Price per sq ft | $703 | $650 |
| Built year | 1982 | 1979 |
| HOA | $765.0 | $685 |
| Days on market | 29 | 72 |
Aug 11, 2026
$850,000
Initial Listing
Mar 2, 1998
$152,000
Public Record