743 Silver Lake Boulevard, Los Angeles, California 90026, Los Angeles, 90026 - 3 bed, 4 bath

743 Silver Lake Boulevard, Los Angeles, California 90026 home-pic-0
ACTIVE$1,199,000
743 Silver Lake Boulevard, Los Angeles, California 90026
3Beds
4Baths
1,628Sqft
1,621Lot
Year Built
2019
Close
-
List price
$1.2M
Original List price
$1.2M
Price/Sqft
$736
HOA
$245
Days on market
-
Sold On
-
MLS number
25535525
Home ConditionExcellent
Features
Good View:
Deck
View

About this home

Possibly Over-Priced:The estimated price is 4% below the list price. We found 4 Cons,5 Pros. Rank: price - $1.20M(24th), sqft - 1628(50th), beds - 3(50th), baths - 4(85th).

Fantastic unit in Marathon 12, a community of a dozen modern Mediterranean residences in a primo Silver Lake location. This unit is defined by clean modern lines and incredible natural light. As an end unit, it enjoys wide-open Southwestern exposure. This newer construction home features three en-suite bedrooms and an open-concept layout. The large kitchen boasts a generous center island with plenty of counter space and opens to the bright and cheerful dining and living areas. There is a direct-access private 2-car garage, ample guest parking, and a spacious rooftop deck with lovely views. Enjoy an unbeatable location where the best of Silver Lake -- the farmers' market, the reservoir, Sunset Junction, countless bars and restaurants -- and convenient freeway access are all within easy reach.

Condition Rating
Excellent

Built in 2019, this property is only 5 years old and presents as virtually new. The kitchen features modern white cabinetry, stainless steel appliances, and a large island, all in excellent condition. Bathrooms are contemporary with clean lines, modern vanities, and subway tile showers. Flooring is consistent dark wood-look throughout, and light fixtures are modern. There are no visible signs of wear, tear, or deferred maintenance, aligning perfectly with the 'Excellent' criteria for a recently built home with current quality standards.
Pros & Cons

Pros

Prime Silver Lake Location: Situated in a 'primo Silver Lake location,' offering immediate access to local amenities like the farmers' market, reservoir, Sunset Junction, diverse dining, and convenient freeway access.
Newer Construction & Modern Design: Built in 2019, this unit boasts clean modern lines, an open-concept layout, and a large kitchen with a generous center island, appealing to contemporary tastes.
Private Rooftop Deck with Views: Features a spacious private rooftop deck, providing valuable outdoor living space and lovely views, enhancing lifestyle and entertainment options.
End Unit with Exceptional Natural Light: As an end unit, it benefits from wide-open Southwestern exposure, ensuring incredible natural light throughout the home.
En-Suite Bedrooms & Convenient Parking: Offers three private en-suite bedrooms for comfort and privacy, complemented by a direct-access private 2-car garage and ample guest parking.

Cons

Low Available Lot Utilization: The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 1621, living area = 1628.
Pricing Relative to Market & Comparables: The current list price of $1.199M is slightly above the estimated property value and appears less competitive on a price-per-square-foot basis compared to a newer, larger comparable property in the immediate vicinity.
Monthly Association Fee: The property incurs a monthly association fee of $245, which is an additional ongoing cost for the buyer and is higher than a nearby comparable property.
Absence of Mentioned Cooling System: The property description does not explicitly mention the presence of a cooling system (e.g., air conditioning), which could be a significant consideration for comfort during warmer months in Los Angeles.

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