NOT LISTED FOR SALE

1211 Westerly Terrace Los Angeles, CA 90026

Estimated Value: $1,334,000 - $1,867,000

5 Beds
4 Baths
2,380 Sq Ft
$702/Sq Ft Est. Value

Last Sold June 19, 2013

Last sale price $800,000 $336 Per Sq Ft

Est. 109% increase in value since last sale

Current estimated payment $9,877/month

17 Days on Market

About This Home

As of June 2013

Standard Sale 3 units in Silver Lake area with great potential. City may allow for 4th unit to be built. Centrally located just of Sunset Blvd with nice view. Two 1 bedroom 1 bath units and One unit with 3 bedrooms 2 baths. Owner might deliver 1 or 2 units vacant.

Last Agent to Sell the Property

Mariano Manteca

Century 21 Allstars License #00794764 Listed on: 03/31/2013

Last Buyer's Agent

Margaret Cashion

Berkshire Hathaway HomeServices California Properties License #01376586

Berkshire Hathaway HomeServices California Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,845

Year Built

  • Built in 1959

Lot Details

  • 5,219 Sq Ft Lot
  • No Units Above
  • No Units Located Below
  • 1 Common Wall
  • Density is 2-5 Units/Acre

Parking

  • 3 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • 2,380 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Listing and Financial Details

  • Tax Lot 121
  • Tax Tract Number 1954
  • Assessor Parcel Number 5426003003

Community Details

Overview

  • 3 Units

Building Details

  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,200
  • Water Sewer Expense $3,600
  • New Taxes Expense $9,375
  • Gross Income $3,849
  • Net Operating Income $3,849

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,845

Year Built

Built in 1959

Lot Details

0

Parking

3

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 3600.00
  • Property Type: Residential Income
  • Parcel Number: 5426003003
  • Year Built: 1959
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall, No One Above, No One Below
  • Levels: Two
  • Price Per Square Foot: 336.13

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Connected
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks

Lot Info

  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 5219.00
  • Lot Size Acres: 0.1200

Multi Family

  • Gross Income: 3849.00
  • Gross Scheduled Income: 46188.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 5219.0000 Square Feet
  • Net Operating Income: 3849.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 14175.00
  • Rent Control: Yes

Tax Info

  • New Taxes Expense: 9375.00
  • Tax Lot: 121
  • Tax Tract Number: 1954
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 18, 2013
Sold by
Rosas Liliana
Bought by
Wilcox Simon and Lynch Vincent Patrick
Current Estimated Value
$1,670,069

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
3.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 15, 2012
Sold by
Lehrer Graiwer Jonathan and Lehrer Graiwer Shelah R
Bought by
Rosas Liliana

Purchase Details

Closed on
Dec 2, 1993
Sold by
Bach Roger C F
Bought by
Lehrer Graiwer Jonathan and Lehrer Graiwer Shelah R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
7.19%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Wilcox Simon $800,000 Fidelity National Title Co
Rosas Liliana -- None Available
Lehrer Graiwer Jonathan $190,000 First Southwestern Title Co
Bach Roger C F -- First Southwestern Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wilcox Simon $600,000
Previous Owner Lehrer Graiwer Jonathan $130,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/19/2013 06/19/13 Sold $800,000 +6.7% $336 / Sq Ft
04/17/2013 04/17/13 Pending -- -- --
03/31/2013 03/31/13 For Sale $750,000 -- $315 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $11,845 $985,129 $689,594 $295,535
2024 $11,845 $965,814 $676,073 $289,741
2023 $11,615 $946,877 $662,817 $284,060
2022 $11,073 $928,312 $649,821 $278,491
2021 $10,931 $910,111 $637,080 $273,031
2019 $10,601 $883,119 $618,185 $264,934
2018 $10,537 $865,804 $606,064 $259,740
2016 $10,061 $832,186 $582,531 $249,655
2015 $9,913 $819,686 $573,781 $245,905
2014 $9,957 $803,631 $562,542 $241,089
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW13057318

California Regional Multiple Listing Service (CRMLS)

APN: 5426-003-003