$1,649,988
-$50,0002229 Shoredale, Los Angeles CA 90031
Multi-Family (2 Units)
Property type
153 days
On market
$640
Price per sqft
4 cars
Garage
1940
Year built
8,039 sqft
Lot size
Home highlights
Open Houses
Overview
Can purchase as TIC as follows: 3 bed $1,096,000.00. 2 bed $983,090.00 In the heart of Elysian Valley, where modern design meets the creative energy of Frogtown, this rare offering features two fully reimagined residences sold together, yet designed to live entirely independently. Separated by fencing, each home enjoys its own gated driveway, private yard, two-car...
Listing provided by: Kimberly Olbrich DRE #01851689, CENTURY 21 CITRUS REALTY INC
Listing updated: Jun 2, 2026 at 08:40pm.
Last checked: Jun 2, 2026 at 09:00pm
Source: CRMLS #CV26001155
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 2 | 2 | 2 | $0 | $0 | $4,200 | Unfurnished |
| 1 | 3 | 3 | 2 | $0 | $0 | $5,800 | Unfurnished |
# of Buildings: 2
# of Units Total: 2
Separate Electric Meters: 2
Separate Gas Meters: 2
Separate Water Meters: 2
Rent Control: Yes
Financial Snapshot
Gross Rent Multiplier
13.7x
List Price / Annual Gross Rent
Cap Rate
5.82%
NOI / List Price
Gross Scheduled Income: $120,000
Operating Expense: $24,000
Net Operating Income: $96,000
Annual Operating Expenses
Electric: $0
Fuel: $0
Insurance: $0
Trash: $0
Water / Sewer: $0
Interior
Interior Features: Tray Ceilings, Quartz Counters
Room Type: Primary Bathroom, Primary Bedroom, Other
Flooring: Wood
Cooling: Central Air
Heating: Central
Fireplace: None
Laundry: Inside, Stacked
Entry Location: 1
Exterior
Architectural Style: Contemporary
Property Attached: No
Stories Total: 2
Levels: Two
Roof: Composition
Foundation: Raised, Slab
Window Features: Double Pane Windows
Property Condition: Updated Remodeled, Turnkey
Common Walls: No Common Walls
Security Features: Carbon Monoxide Detectors
Lot Features: Corner Lot, Lawn, Landscaped, Level
Pool: None
Fencing: New Condition
Water Source: Public
Sewer: Public Sewer
Other Structures: Two On Alot
Garage and Parking
Garage Spaces: 4
Parking Total: 4
Lot Information
Land Lease: No
Common Interest: None
Parcel #: 5445027050
Additional Parcels: No
Tax Lot: 87
Community
Senior Community: No
Community Features: Curbs
Nearby Schools
Nearby schools around the 2229 Shoredale, Los Angeles, CA 90031. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$1,319,990
Total Interest
$1,683,575
Total Payment
$3,003,565
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$10,212
per month
Property History for 2229 Shoredale
Los Angeles Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90031.
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