NOT LISTED FOR SALE

1512 Westerly Terrace Los Angeles, CA 90026

Estimated Value: $1,027,000 - $2,172,000

4 Beds
4 Baths
3,380 Sq Ft
$457/Sq Ft Est. Value

Last Sold October 14, 2016

Last sale price $1,100,000 $325 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $9,374/month

247 Days on Market

About This Home

As of October 2016

Two Duplexs on same lot; 1. Spanish 1920s Two Story Duplex with hardwood floors and original opulence. Each unit is a 2 bedroom 1 bath. Street to street lot. 2. 1950s built Duplex, side by side units and 1 bedroom 1 bath each, over a four car garage. Court yard patios for each unit.Around the corner from fine dinning in the heart of Silver Lake. Also near by is the world renown Silver Lake and recreation area/ pet park.Potential for plenty of upside in rental income. Development value! Zoning will allow for 3+ stand alone townhomes with roof tops retailing at $1.5M each.

Last Agent to Sell the Property

Esau Tenorio

Esau Tenorio License #01171617 Listed on: 10/28/2015

Last Buyer's Agent

Esau Tenorio

Esau Tenorio License #01171617 Listed on: 10/28/2015

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,409

Year Built

  • Built in 1952

Lot Details

  • 4,790

Parking

  • 4 Car Garage

Home Design

  • 3,380 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Additional Features

  • 4,790 Sq Ft Lot
  • Floor Furnace

Community Details

  • 2 Buildings
  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 5425-018-011

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,409

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 3380
  • Probate: Yes
  • Year Built: 1952
  • Number Of Photos: 5
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 4
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 4.00
  • Den: 0
  • Price Per S Q F T: 384.32

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Parking Garage: Garage - 4+ Car
  • Total Parking: 4

Utilities

  • Heating: Floor Furnace

Lot Info

  • Assessed Improvement Value: 85950
  • Assessed Land Value: 44021
  • Assessor Parcel Number: 5425-018-011
  • Geocode Override: No
  • Lot Size Area: 4790

Rental Info

  • Court Approve: Yes

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Number Of Units: 4
  • Total Annual Expense: 0
  • Type Of Units: attached
  • Vacancy Rate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 28, 2015
Closed on
Oct 7, 2016
Sold by
Tenerelli Kevin and Tenerelli Karyn
Bought by
Harrell Glenn J
Seller's Agent
Esau Tenorio
Esau Tenorio
Buyer's Agent
Esau Tenorio
Esau Tenorio
List Price
$1,695,000
Sold Price
$1,100,000
Premium/Discount to List
-$595,000
-35.1%
Current Estimated Value
$1,545,666

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$445,666
Avg. Annual Appreciation
3.83%
Original Mortgage
$966,625
Outstanding Balance
$774,931
Interest Rate
3.46%
Mortgage Type
FHA
Estimated Equity
$770,735

Purchase Details

Listed on
Oct 28, 2015
Closed on
Aug 16, 2016
Sold by
Zamudio Mary
Bought by
Zamudio Alfred F
Seller's Agent
Esau Tenorio
Esau Tenorio
Buyer's Agent
Esau Tenorio
Esau Tenorio
List Price
$1,695,000
Sold Price
$1,100,000
Premium/Discount to List
-$595,000
-35.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$966,625
Outstanding Balance
$774,931
Interest Rate
3.46%
Mortgage Type
FHA
Estimated Equity
$770,735

Purchase Details

Closed on
May 30, 2007
Sold by
Almeida Claire and Almeida Claire I
Bought by
Almeida Claire I and Claire I Almeida Revocable Trust

Purchase Details

Closed on
Jan 10, 2001
Sold by
Tenerelli Frank and Zamudio Mary
Bought by
Tenerelli Frank
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Harrell Glenn J $1,100,000 Provident Title Co
Zamudio Alfred F -- None Available
Almeida Claire I -- None Available
Tenerelli Frank -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Harrell Glenn J $966,625
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/14/2016 10/14/16 Sold $1,100,000 -15.3% $325 / Sq Ft
07/01/2016 07/01/16 Pending -- -- --
05/24/2016 05/24/16 Price Changed $1,299,000 -23.4% $384 / Sq Ft
10/28/2015 10/28/15 For Sale $1,695,000 -- $501 / Sq Ft
Source: The MLS

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 $15,409 $1,276,638 $870,437 $406,201
2024 $15,409 $1,251,607 $853,370 $398,237
2023 $15,111 $1,227,067 $836,638 $390,429
2022 $14,408 $1,203,008 $820,234 $382,774
2021 $14,228 $1,179,420 $804,151 $375,269
2019 $13,803 $1,144,440 $780,300 $364,140
2018 $13,709 $1,122,000 $765,000 $357,000
2016 $1,821 $131,952 $44,692 $87,260
2015 $1,797 $129,971 $44,021 $85,950
2014 $1,830 $127,426 $43,159 $84,267
Source: Public Records

Agents Affiliated with this Home

  • Esau Tenorio

    Seller's Agent in 2016

    Esau Tenorio

    Esau Tenorio

    (213) 858-2509

    11 Total Sales

    Esau Tenorio
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Map

Source: The MLS

MLS Number: 15-954569

The MLS

APN: 5425-018-011

California Los Angeles County Los Angeles 90026

1512 Westerly Terrace, Los Angeles, CA

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