216 N Park View Street, Los Angeles, California 90026, Los Angeles, 90026 - 4 bed, 2 bath
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216 N Park View Street
Los Angeles, California 90026
ACTIVE
CONDITION: EXCELLENT
4Beds
2Baths
1,435Sq Ft
8,002Lot Size
Property Price
LIST PRICE$1,299,995
SUMMARY
Analysis of 216 N Park View Street, Los Angeles, California 90026 is currently available with a list price of $1,299,995. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
The property has undergone an extensive recent renovation, placing it in mint condition. It features brand new kitchens with quartz countertops and stainless steel appliances, updated bathrooms with modern fixtures, new SPC flooring, recessed lighting, and new wall-mounted HVAC systems. Although originally built in 1925, the total interior and exterior overhaul meets the criteria for a high-end renovation completed within the last 5 years.
PROSSTRENGTHS & OPPORTUNITIES
- Significant Development Potential
The property includes approved RTI plans for two three-story duplexes totaling four 4-bedroom units, providing a rare 'shovel-ready' opportunity to maximize density and ROI on an 8,000 sq. ft. lot.
- Turnkey Renovated Condition
Both units are extensively updated with modern SPC flooring, quartz countertops, and stainless steel appliances, and are delivered vacant, allowing an investor to immediately capture market-rate rents without additional capital expenditure.
- Prime Location and Iconic Views
Situated in the high-demand Silver Lake-Echo Park area, the property's elevated position offers sought-after views of the Hollywood Sign and Griffith Observatory, enhancing its long-term appreciation and tenant appeal.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 2.
- Shared Water Utility
While electrical meters are separate, the units share a single water meter, which can complicate utility billing and increase owner administrative responsibilities.
- Modest School Ratings
The assigned public schools for this address have average to below-average ratings (ranging from 3 to 5), which may be a deterrent for long-term family tenants prioritizing education quality.
About 216 N Park View Street
RENOVATED DUPLEX WITH INCOME POTENTIAL AND RTI DEVELOPMENT OPPORTUNITY. An attractive opportunity for an investor seeking a turnkey residential income property with the added advantage of future development potential. Situated on an approximately 8,000 sq. ft. gated lot, the existing 1,435 sq. ft. duplex consists of two vacant, extensively renovated 2-bedroom, 1-bath residences ready for occupancy or leasing. Adding another dimension to the investment opportunity, approved RTI plans call for redevelopment of the site with two three-story duplex buildings totaling four 4-bedroom, 4-bath units and parking for eight vehicles. Alternatively, the existing renovated duplex offers potential for expansion with the addition of another level. The two existing residences are approximately 700 sq. ft. each and feature essentially identical reverse floor plans. Open living and dining areas are complemented by SPC flooring, recessed lighting, matte-black hardware and wall-mounted heating and air conditioning. Updated kitchens feature quartz countertops, white soft-close cabinetry, subway tile backsplashes, stainless steel appliances, undermount sinks and pull-down faucets. Each residence includes two bedrooms with mirrored closets and lighted ceiling fans, a full bath with ceramic tile flooring, quartz countertop and glass-enclosed tub/shower, hallway storage, and an in-unit laundry closet with stackable washer and dryer. Gated entry opens to on-site parking for two vehicles, with a separate pedestrian gate providing additional access. Each residence has its own electrical meter, while the units share a water meter. Outdoor space includes a shared backyard and individual side-yard areas. The property's elevated setting also provides views of the HOLLYWOOD SIGN and GRIFFITH OBSERVATORY. With both residences vacant, the property offers an investor the opportunity to establish new tenancies, explore expansion of the existing duplex, or consider the larger redevelopment opportunity presented by the approved RTI plans. A renovated income property today with multiple possibilities for tomorrow, 216 and 218 N. Park View presents a distinctive combination of immediate usability and future potential.
Property Details
Public Facts
- Property Type
- Duplex
- Year Built
- 1925
- Lot Size
- 8,002 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Los Angeles Unified Schools
Lake Street Primary School
Grades K-1 • 0.2 mi
0/10
Rosemont Avenue Elementary School
Grades K-5 • 0.2 mi
5/10
Union Avenue Elementary School
Grades K-5 • 0.5 mi
5/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.6 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,435 | 2,187.451 |
| Lot Size | 8,002 | 5,841.385 |
| Price | $1.30M | $841.5K |
| Price per sq ft | $906 | $385 |
| Built year | 1925 | 1928 |
| HOA | $0 | $0 |
| Days on market | 15 | 85 |
Pricing History
Listed for Sale
Aug 25, 2026
$1,299,995
Initial Listing
Sold
Mar 26, 2021
$847,000
Public Record
Sold
Mar 5, 2021
$640,000
Public Record
Sold
Feb 20, 2018
$287,500
Public Record