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$1,699,000

Beds
7
Baths
3.0
sq ft
2,029

2322 Berkeley Ave, Los Angeles, CA 90026

2322 Berkeley Ave

Los Angeles, CA 90026

  • 2 days on market
    • Open house Dec 21
This 3 unit craftsman is unmatched and absolutely stunning, a sanctuary in the heart of Silver Lake. Comprised of a duplex side by side in the front and a detached single family home in the back. This is one of LA’s hottest neighborhoods, renowned for its vibrant and diverse community, where creativity thrives. Whether you're a longtime resident or a recent arrival, you'll be captivated by the unique charm that this neighborhood offers. As you arrive you will immediately realize the privacy, peace, tranquility and outstanding curb appeal that is unmatched by most. You are greeted with a fully manicured duplex consisting of two side by side 2-bed/ 1-bath units that are turnkey and move-in condition. As you make your way to the back of the property through the private driveway you can embrace a fully detached and private 3-bed/1-bath oasis. This gorgeous craftsman offers an open layout drenched in natural lighting, fully updated kitchen, updated bathrooms, large bedrooms, hardwood floors and breathtaking views of the DTLA skyline from the bedrooms and ultra spacious and covered patio. Best of all you have a secluded and charming backyard perfect for your fresh morning coffee, gardening, and weekend gatherings, entertaining and for your pets to sun themselves. This superb opportunity is for an owner/user to live in one unit and rent the others, or for a first time investor or experienced investor looking to add this trophy property to their portfolio. There is a one car garage perfect for an ADU potential, washer & dryer for each unit, long driveway and tons of off street parking. The detached 3-bed/1-bath home is move-in ready. Enjoy living a close distance to the Silver Lake Reservoir, Echo Park Lake, Downtown LA, the best cafes, restaurants and freeways. 2322 Berkeley is seconds away from the pulse of Silver Lake this is the perfect way to live your story in LA.

Details

Property type

Single Family Residence

Est. home value

$1,823,682

Property condition

Updated/Remodeled

Lot size

7,293 sq ft

Price per sq ft

$838

Year built

1924

HOA

No

Price History

12/16/2024
CRMLS

CRMLS #PW24250250

Listed
$1,699,000
-2.86%
11/13/2024
CRMLS

CRMLS #PW24200967

Removed
$1,749,000
10/12/2024
CRMLS

CRMLS #PW24200967

Listed
$1,749,000
+6%

Schools & Community

Neighborhood: 

Silver Lake

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Street Lights, Sidewalks

High school district: 

Los Angeles Unified

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$303,792
Asking price
$1,699,000
Closing costs (~8% of asking)
-$135,920
Est. remaining loan balance
-$1,259,288
Cash to seller
$303,792

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

May 2022

Original loan amount

$1,312,500

Est. remaining balance

$1,259,288

Interest rate

4.67%

Loan type

New Conventional, 30 year

Seller

Jit S Pandher and Sukmit K Pandher

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 12/17/2024 at 8:30 PM

Listing updated: 12/17/2024 at 5:25 AM

Listed by: Andrew Munoz, Keller Williams Pacific Estate Phone #: (562) 513-7800

MLS: CRMLS #PW24250250

CRMLS logo

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