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
$1,521,979
8% BelowMARKET VALUE
SUMMARY
This Duplex Asset represents a Strong Value Opportunity, listed at $1,399,000—positioned well below the $1,521,980 Fair Market Value by 8%. This valuation gap provides $122,980 in Instant Equity. Featuring a Condition Rating of 4, the property offers significant upside through cosmetic modernization of its 1968 infrastructure. With a private deck, 3-car garage, and prime Silver Lake location, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to offset mortgage costs with rental income.
Estimated Market Value
$1,521,979+$122,979 Equity Potential
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 0 bd · 0 ba · 2,862 sqft · $532 | $1,399,000* List Price | 0 | 0 | 2,862 | $532 | - |
A 2572 Silver Ridge Active 0 bd · 0 ba · 2,767 sqft · $632 · 0.3 mi | $1,748,888 List Price | 0 | 0 | 2,767 | $632 | 0.3 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, this property is well-maintained but dated. The kitchen and bathroom vanities appear to have been updated approximately 15-20 years ago with granite countertops and oak cabinetry, and the unit features new carpeting. However, the presence of popcorn ceilings, original 1960s blue tile in the bathroom, and visible wear on the exterior wood siding and rear patio structure indicate the need for cosmetic modernization and minor repairs.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Silver Lake Location
Situated in one of Los Angeles’ most sought-after neighborhoods, this property offers exceptional walkability to trendy coffee shops, boutiques, and parks in both Silver Lake and Atwater Village.
- Versatile Income Potential
As a rare duplex, the property provides a flexible opportunity for owner-users to offset their mortgage with rental income or for investors to capitalize on a high-demand rental market.
- Ample Parking and Storage
Unlike many properties in the area, this duplex features a total of three garage spaces and a large storage room, providing significant value and convenience in a high-density urban setting.
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.
- Tenant Occupancy Constraints
The second unit is occupied by a long-term tenant, which may limit immediate rental rate adjustments to market value or restrict full possession for the buyer.
- Dated Infrastructure Potential
Held by the same family for over 60 years and built in 1968, the property likely requires modernization of systems and cosmetic finishes to meet contemporary luxury standards.
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 | 4.7 |
| Baths | 0.0 | 3.0 |
| Square foot | 2,862 | 2,148.648 |
| Lot Size | 6,352 | 5,855.757 |
| Price | $1.40M | $831.8K |
| Price per sq ft | $489 | $387 |
| Built year | 1968 | 1928 |
| HOA | $0 | $0 |
| Days on market | 22 | 87 |
Pricing History
Listed for Sale
Oct 2, 2026
$1,399,000
Initial Listing