938 HOLLYWOOD, Salt Lake City, UT 84105
3BD/—BA Residential in Salt Lake City, UT 84105. 2,832 sqft. Built 1917. Listed at $1,199,000. MLS #2153356.
3BD/—BA Residential in Salt Lake City, UT 84105. 2,832 sqft. Built 1917. Listed at $1,199,000. MLS #2153356.
Beautifully restored 1917 bungalow in the heart of one of Salt Lake City?s most walkable and sought-after historic neighborhoods of Sugar House. This home has been thoughtfully brought back to life with a full, permitted renovation that blends timeless character with modern living. This 3 Bed 3 Bath will not disappoint. Inside, you?ll find a bright, fully remodeled kitchen taken down to the studs, alongside original craftsmanship that has been carefully preserved?featuring classic woodwork, built-ins, and white oak floors. The main living spaces feel warm and inviting, with a cozy front room and flexible den area perfect for work or relaxation. The spacious primary suite offers a walk-in closet and updated finishes, while the fully finished basement provides additional living space, ideal for guests, entertainment, or multi-functional use. Major system upgrades include new plumbing, electrical, and windows throughout.?offering peace of mind and move-in-ready convenience. Outside, enjoy a private backyard with low-maintenance xeriscape landscaping and a charming front patio, perfect for relaxing or gathering. Located just moments from Sugar House?s favorite cafs, restaurants, parks, and nightlife, this home offers the perfect blend of historic charm, modern updates, and unbeatable location. Square footage figures are provided as a courtesy estimate only and were obtained from county records. Buyer is advised to obtain an independent measurement. For seller financing, here are the terms we're offering based on current DSCR refinance guidelines: Purchase Price: $1,259,000 Interest Rate: 8% Amortization: 30 years Balloon: 5 years Down Payment: 2025% (aligned with current DSCR/refinance requirements) Estimated Payment (approx.): At 8% on a 30-year amortization with 20% down, you're roughly in the $7,300$7,800/month range (before taxes/insurance depending on final loan amount). We're open to working with a strong buyer who CAN MEET THESE TERMS.
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Bungalow/Cottage
Stories
2
Subdivision
PARK
County
Salt Lake
Zoning
Single-Family
Construction
Asphalt,Brick,Concrete,Stone,Cement Siding
Lot Size
0.13 sq ft
Above Grade Area
1,416 sq ft
Condition
Blt./Standing
MLS #
2153356
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Bungalow/Cottage
Stories
2
Subdivision
PARK
County
Salt Lake
Zoning
Single-Family
Construction
Asphalt,Brick,Concrete,Stone,Cement Siding
Lot Size
0.13 sq ft
Above Grade Area
1,416 sq ft
Condition
Blt./Standing
MLS #
2153356
List Price
$1,199,000
Original Price
$1,259,000
Annual Taxes
$3,268
Home Warranty
Yes
List Price
$1,199,000
Original Price
$1,259,000
Annual Taxes
$3,268
Home Warranty
Yes
Heating
Forced Air,Gas: Central,Wood
Cooling
Central Air
Roof
Asphalt,Pitched
Flooring
Carpet,Tile
Basement
Entrance,Shelf
Materials
Asphalt,Brick,Concrete,Stone,Cement Siding
Appliances
Microwave,Refrigerator
Laundry
Electric Dryer Hookup
Patio & Porch
Covered,Porch: Open
Water Source
Culinary
Sewer
Sewer: Connected
View
Mountain(s)
Heating
Forced Air,Gas: Central,Wood
Cooling
Central Air
Roof
Asphalt,Pitched
Flooring
Carpet,Tile
Basement
Entrance,Shelf
Materials
Asphalt,Brick,Concrete,Stone,Cement Siding
Appliances
Microwave,Refrigerator
Laundry
Electric Dryer Hookup
Patio & Porch
Covered,Porch: Open
Water Source
Culinary
Sewer
Sewer: Connected
View
Mountain(s)
Garage Spaces
2
Covered Spaces
2
Total Parking
6
Garage Spaces
2
Covered Spaces
2
Total Parking
6
Classification
Standard
Deal Score
45/100
vs Similar Homes
56% above
vs Market Median
24% above
Price Reduced
4.8%
Area Growth (YoY)
-0.9%
Deal Score Breakdown
45/100
5% price reduction from original list — seller may be motivated
Priced 56% above the median of similar listings
Priced 24% above the per-subtype city median
-0.9% year-over-year ZHVI growth in this area
LT net cashflow -$2,598/mo (-33.1% return on ownership cost) · STR net cashflow -$4,992/mo (-63.6% return). Uses the better of LT or STR against total monthly ownership cost (P&I, tax, insurance, HOA, maintenance).
Ensemble scoring: the best single signal sets the floor, secondary qualifying signals (≥60) each add 5 points up to +20. A home that strongly wins on one dimension is already a great deal — it doesn't need to tick every box.
Why this classification
Monthly Rent
$5,963/mo
Range: $4,377 – $7,549
Net Monthly Cash Flow
−$2,599 /mo (−$31,185/yr)
Monthly rental income
Monthly ownership cost
Coverage
76%
Net /mo
−$2,598
DSCR
0.88
Est. Annual Revenue
$48,929/yr
$395/night · 39% occupancy · $131/bedroom · $0.43/sqft
Net Monthly Cash Flow
−$4,992 /mo (−$59,908/yr)
Monthly STR income
Monthly ownership cost
Coverage
52%
Net /mo
−$4,992
DSCR
0.48
Best Download
10 Gbps
Best Upload
10 Gbps
Fiber Available
Yes
Providers
15
Available Providers
$570,000
+110% vs median
57 days
615
$184,000 – $7,995,000
$3,268
High Crime
28.7
per 1,000
83.9
per 1,000
34.5
per 1,000
147.1
per 1,000
National rates use FBI UCR Index Crimes. Local rates use NIBRS which may include additional offense categories.
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Daryn Edmunds - High Road Properties

Salt Lake City Real Estate Broker Focused on Pricing, Positioning, and Results

Devin Tanner - Utah Realtor
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