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    2300 Fargo Street

    Silver Lake, CA 90039
    • $1,825,000
    • STATUS: Active
    • ON SITE: 45 Days
    • ID#: SR21200218
    Open House
    UPDATED: 67 min ago
    $1,825,000
    • 0
      BEDS
    • 0.17
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Type:
    Multi-Family
    Built:
    1909
    County:

    School Ratings & Info

    Description

    TWO BEAUTIFUL UPDATED HOMES ON ONE LARGE FLAT CORNER LOT!! Amazing Opportunity. Zoned R-2 (2 Unit Residential) Plenty of room for expansion. Nestled in the hills of trendy SILVER LAKE! Property is complete with dual two car garages, additional parking for 6-8 cars, with boat and RV parking. Two homes on one corner lot (with separate addresses 2300/2302) completely gated. Main house, totally remodeled 4 bed/ 1 1/2 bath+2 bonus office spaces, stunning scenic views from every window. Second house, 3 bed/2.5 bath, expansive deck, with panoramic views to Century City. Both homes offer remodeled kitchens with plenty of counter space, new stainless steel appliances and beautiful wood cabinets with plenty of storage. Updated bathrooms with beautiful tile work. Modern fixtures throughout both homes. Beautiful, lush yard with five types of fruit trees. Minutes from the lake, dog park, walking trails and all freeways. Projected Rental amount $5,000 per unit. Only Occupied by the Owners. A MUST SEE!!

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-10-26T09:24:47.707. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Realty. Licensed in the State of California, USA.
    www.therealestategirl.com/homes/121325793
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    2300 Fargo Street Silver Lake, CA 90039

    • Price: $1,825,000
    • Status: Active
    • Updated: 67 min ago
    • ID#: SR21200218
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.17
    Acres
    1909
    Built
    Neighborhood:
    C21 - Silver Lake - Echo Park
    County:
    Los Angeles
    Area:
    C21 - Silver Lake - Echo Park
    Property Description
    TWO BEAUTIFUL UPDATED HOMES ON ONE LARGE FLAT CORNER LOT!! Amazing Opportunity. Zoned R-2 (2 Unit Residential) Plenty of room for expansion. Nestled in the hills of trendy SILVER LAKE! Property is complete with dual two car garages, additional parking for 6-8 cars, with boat and RV parking. Two homes on one corner lot (with separate addresses 2300/2302) completely gated. Main house, totally remodeled 4 bed/ 1 1/2 bath+2 bonus office spaces, stunning scenic views from every window. Second house, 3 bed/2.5 bath, expansive deck, with panoramic views to Century City. Both homes offer remodeled kitchens with plenty of counter space, new stainless steel appliances and beautiful wood cabinets with plenty of storage. Updated bathrooms with beautiful tile work. Modern fixtures throughout both homes. Beautiful, lush yard with five types of fruit trees. Minutes from the lake, dog park, walking trails and all freeways. Projected Rental amount $5,000 per unit. Only Occupied by the Owners. A MUST SEE!!
    Exterior Features

    Architectural Style Craftsman Fencing BlockWrought Iron Lot Features 0-1 Unit/AcreCorner LotFront YardLawnLandscapedPavedSprinkler SystemYard Number Of Separate Electric Meters 2 Open Parking Spaces 6 Other Structures Second GarageTwo On A Lot Parking Features BoatConcreteDoor-MultiDrivewayGarageGarage Door OpenerGuestGatedOn SiteOff StreetOversizedPavedRv Hook-UpsRv Access/ParkingOne SpaceShared DrivewayGarage Faces SideTandem Parking Total 10 Pool Features FencedIn GroundPermitsPrivate Pool Private YN Yes Property Attached YN No View City LightsHillsMountain(S)NeighborhoodPanoramic View YN Yes

    Interior Features

    Appliances DishwasherGas CooktopGas RangeHigh Efficiency Water HeaterMicrowaveRefrigerator Common Walls No Common Walls Cooling Central AirHigh Efficiency Cooling YN Yes Fireplace Features Family RoomGas Fireplace YN Yes Flooring LaminateTile Heating High Efficiency Heating YN Yes Interior Features Bedroom On Main LevelMain Level MasterMultiple Master SuitesWalk-In Closet(S) Window Features BlindsDouble Pane WindowsScreensSkylight(S)

    Property Features

    Additional Parcels YN No Association Fee 0 Association YN No Cap Rate 5.65 Common Interest None Community Features CurbsFoothillsHikingStorm Drain(S)Street LightsSidewalksUrban Contingency Both Homes Have Been Updated To Be Delivered Vacant. Electric Expense 0 Fuel Expense 0 Garage YN Yes Gross Income 120000 Gross Scheduled Income 120000 Inclusions All Appliances Both Houses. Insurance Expense 2200 Land Lease YN No Laundry Features Washer HookupGas Dryer HookupInsideIn GarageStacked Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To New LoanConventionalCal Vet Loan1031 ExchangeFhaVa Loan Net Operating Income 113000 New Construction YN No Number Of Separate Gas Meters 2 Number Of Separate Water Meters 1 Operating Expense 7000 Property Condition Updated/RemodeledTurnkey Property Sub Type Duplex Rent Control YN No Security Features Smoke Detector(S) Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Trash Expense 1200 Water Sewer Expense 2400 Water Source Public Zoning Lar1

    Listing provided courtesy of Michelle Yabko of Keller Williams North Valley and of


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-10-26T09:24:47.707. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Realty. Licensed in the State of California, USA.
     
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