2575 Riverside Terrace, Los Angeles, California 90039, Los Angeles, 90039 - 0 bed, 0 bath
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2575 Riverside Terrace
Los Angeles, California 90039
ACTIVE
CONDITION: FAIR
0Beds
0Baths
2,862Sq Ft
6,352Lot Size
Property Price
LIST PRICE$1,399,000
EST. MARKET VALUE
$1,303,396
7% AboveMARKET VALUE
SUMMARY
This Duplex Residential Income Asset is a Strong Value Opportunity, listed at $1,399,000—positioned well above the $1,303,396 Fair Market Value by 7%. While the property requires modernization given its Fair Condition Rating, it offers significant potential for value-add renovations. The Prime Silver Lake Location and rare 3-car garage capacity provide long-term stability in a high-demand rental market. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants looking to offset mortgage costs through rental income.
Estimated Market Value
$1,303,396
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2575 Riverside Terrace Subject | $1,399,000* List Price | 0 | 0 | 2,862 | $455 | - |
A 2714 Queen Active | $1,395,000 List Price | 0 | 0 | 3,400 | $410 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1968 and held by the same family for decades, the property is well-maintained but significantly dated. While it features new carpet, the kitchen and bathrooms appear to be over 20 years old, and the overall aesthetic and systems likely require modernization to meet current market standards.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Silver Lake Location
Situated in one of Los Angeles’ most sought-after neighborhoods, the property is minutes from trendy boutiques, coffee shops, and Atwater Village, ensuring high demand and long-term appreciation.
- Owner-User Versatility
The spacious front unit features a flexible floor plan with a den and private backyard, making it an ideal setup for an owner-occupant looking to live in a premium area while offsetting their mortgage.
- Ample Parking and Storage
Rare for this high-density area, the property includes a 2-car garage for the main unit, a 1-car garage for the second unit, and a large storage room, significantly increasing its functional appeal.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =6352, other record lot size in square feet = 6416.
- Limited Rental Upside
The second unit is occupied by a long-term tenant, which likely means the current rent is significantly below market value and subject to Los Angeles rent stabilization ordinances.
- Extended Days on Market
With over 80 days on the market, the property may be facing buyer hesitation regarding its price point relative to the potential need for modernization of its 1960s-era systems.
About 2575 Riverside Terrace
Nestled in one of Silver Lake’s most desirable neighborhoods, this rare duplex offers an exceptional opportunity for both owner-users and investors. Lovingly held by the same family for over six decades, the property features a spacious front unit with a generous living room, a versatile family den perfect for a home office or gym, and a formal dining room with an adjacent wet bar. It is ideal for entertaining. The kitchen connects seamlessly to the main living areas, creating a comfortable and open floor plan. Additional highlights include new carpet, a private backyard, a 2-car garage, and a large storage room. The second unit is a charming 1-bedroom & 1-bathroom residence occupied by a long-term tenant and includes its own 1-car garage. Located just moments from Silver Lake’s popular shopping district, trendy coffee shops, Atwater Village boutiques, parks, and public transportation, with convenient access to Downtown LA. This is a truly rare find in a prime location and full of potential and ready for its next chapter.
Property Details
Public Facts
- Property Type
- Duplex
- Year Built
- 1968
- Lot Size
- 6,352 Sq. Ft.
Interior
- Total Bedrooms
- 0
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.6 |
| Baths | 0.0 | 3.0 |
| Square foot | 2,862 | 2,187.451 |
| Lot Size | 6,352 | 5,841.385 |
| Price | $1.40M | $841.5K |
| Price per sq ft | $489 | $385 |
| Built year | 1968 | 1928 |
| HOA | $0 | $0 |
| Days on market | 97 | 85 |
Pricing History
Listed for Sale
Jun 4, 2026
$1,399,000
Initial Listing