NOT LISTED FOR SALE

1512 Westerly Terrace Los Angeles, CA 90026

Silver Lake Neighborhood

Estimated Value: $1,208,000 - $1,652,360

4 Beds
4 Baths
3,380 Sq Ft
$429/Sq Ft Est. Value

Sale Details

Date Sold: October 14, 2016

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

Est. 32% increase in value since last sale

Current estimated payment $9,259 / mo

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

Magnate Realty License #01171617 Listed on: 10/28/2015

Last Buyer's Agent

Esau Tenorio

Magnate Realty License #01171617 Listed on: 10/28/2015

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

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

Year Built

Built in 1952

Lot Details

4,790 Sq Ft Lot

Listing Details

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

Interior Features

  • Bedrooms: 4
  • Total Bathrooms: 4.00
  • 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
  • Type Of Units: attached

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 28, 2015
Closed on
Oct 7, 2016
Sold by
Bought by
Seller's Agent
Esau Tenorio
Magnate Realty
Buyer's Agent
Esau Tenorio
Magnate Realty
List Price
$1,695,000
Sold Price
$1,100,000
Premium/Discount to List
-$595,000
-35.1%
Current Estimated Value
$1,448,340

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$348,340
Avg. Annual Appreciation
2.84%
Original Mortgage
$966,625
Outstanding Balance
$753,812
Interest Rate
3.46%
Mortgage Type
FHA
Estimated Equity
$694,528

Purchase Details

Listed on
Oct 28, 2015
Closed on
Aug 16, 2016
Sold by
Bought by
Seller's Agent
Esau Tenorio
Magnate Realty
Buyer's Agent
Esau Tenorio
Magnate Realty
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
$753,812
Interest Rate
3.46%
Mortgage Type
FHA
Estimated Equity
$694,528

Purchase Details

Closed on
May 30, 2007
Sold by
Bought by

Purchase Details

Closed on
Jan 10, 2001
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Silver Lake, CA

  • John Michael Iglar Real Estate Agent - Douglas Elliman

    John Michael Iglar

    Douglas Elliman

    (424) 321-8709

    27 Total Sales

    1 in Silver Lake

    $1,235,000 Price

    John Michael Iglar
     Section Image
  • Marcille Dilsaver Hughes Real Estate Agent - BHHS California Properties

    Marcille Dilsaver Hughes

    BHHS California Properties

    (323) 310-4703

    40 Total Sales

    1 in Silver Lake

    $1,650,000 Price

    Marcille Dilsaver Hughes
     Section Image
  • Tracy Macrum Real Estate Agent - COMPASS

    Tracy Macrum

    COMPASS

    (213) 267-3143

    26 Total Sales

    1 in Silver Lake

    $3,218,000 Price

    Tracy Macrum
     Section Image
  • Steve Julian Real Estate Agent - Luxury Collective

    Steve Julian

    Luxury Collective

    (747) 293-4987

    170 Total Sales

    1 in Silver Lake

    $919,000 Price

    Steve Julian
     Section Image
  • Justin Eden Real Estate Agent - KW College Park

    Justin Eden

    KW College Park

    (469) 278-7236

    34 Total Sales

    1 in Silver Lake

    $1,250,000 Price

    Justin Eden
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,100,000 Provident Title Co
-- None Available
-- None Available
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $250,000
Closed $119,239
Open $966,625
Previous Owner $50,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $15,571 $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 Real Estate Agent - Magnate Realty

    Seller's Agent in 2016

    Esau Tenorio

    Magnate Realty

    (213) 858-2509

    14 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 Silver Lake

1512 Westerly Terrace, Los Angeles, CA

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The MLS © 2026 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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