Seller's Agent in 2021
Timothy Jerry
Berkshire Hathaway HomeServices California Properties
(818) 380-2126
2 in this area
26 Total Sales
1612 Silver Lake Blvd Los Angeles, CA 90026
Estimated Value: $1,774,000 - $2,700,000
8
Beds
4
Baths
5,420
Sq Ft
$417/Sq Ft
Est. Value
Highlights
- No HOA
- Laundry Room
- Rectangular Lot
- John Marshall Senior High Rated A
- 6 Car Garage
- Wall Furnace
About This Home
As of May 2021HUGE PRICE ADJUSTMENT! Presenting a classic 1930’s Spanish architectural four-plex in the heart of one of Silver Lake’s hippest neighborhoods. This is the perfect opportunity to own a piece of history! Located near many new and upcoming restaurants, trendy boutiques, the dog park and the Lake itself. Each unit features all the charm of the ’30’s period, with two spacious bedrooms, one bath, a living room with faux fireplace, a large dining room, eat-in kitchen, separate in-unit laundry room, and a secondary entrance off the kitchen. Other features include high coved ceilings, wall sconces, wood floors. All units in this secure building run front to back, with over 1,350 square feet per unit. Some units have upgraded kitchens and baths. Street-to-street lot with six garages accessed from Occidental Blvd. included in the sale. Close to the 5 and 101 freeways and minutes to downtown LA. Purchase and continue to use as an investment property, or possibly convert to commercial/residential use like similar properties in the area. Separate utilities. All tenants are month to month.
Last Agent to Sell the Property
Berkshire Hathaway HomeServices California Properties License #01194994 Listed on: 01/22/2021
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $25,283
Year Built
- Built in 1930
Lot Details
- 5,001 Sq Ft Lot
- Two or More Common Walls
- Rectangular Lot
Parking
- 6 Car Garage
- Parking Available
Home Design
- 5,420 Sq Ft Home
- Quadruplex
Bedrooms and Bathrooms
- 8 Bedrooms
- 4 Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Additional Features
- Exterior Lighting
- Wall Furnace
Listing and Financial Details
- Tax Lot 92
- Tax Tract Number 5980
- Assessor Parcel Number 5425023007
Community Details
Overview
- No Home Owners Association
- 4 Units
Building Details
- 4 Leased Units
- Rent Control
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 4 Separate Water Meters
- Insurance Expense $2,000
- Operating Expense $18,000
- Gross Income $92,000
- Net Operating Income $72,000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Dec 11, 2008
Sold by
Caluori Raimond
Bought by
Caluori Raimond P and Raimond P Caluori Trust
Current Estimated Value
Purchase Details
Closed on
Aug 11, 2004
Sold by
Samson Federico P
Bought by
Caluori Raimond
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$796,000
Outstanding Balance
$347,965
Interest Rate
4.34%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,914,401
Purchase Details
Closed on
Feb 27, 2002
Sold by
Samson Federico P
Bought by
Samson Federico P and Samson Mercy N
Purchase Details
Closed on
Dec 11, 2001
Sold by
Samson Federico P
Bought by
Samson Federico P and Samson Mercy N
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
6.39%
Purchase Details
Closed on
Nov 14, 2000
Sold by
Samson Federico
Bought by
Samson Federico P and Samson Mercy N
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Caluori Raimond P | -- | None Available | |
| Caluori Raimond | $995,000 | Fidelity Long Beach | |
| Samson Federico P | -- | -- | |
| Samson Federico P | -- | Chicago Title Co | |
| Samson Federico P | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Caluori Raimond | $796,000 | |
| Previous Owner | Samson Federico P | $315,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/12/2021 05/12/21 | Sold | $1,950,000 | -2.3% | $360 / Sq Ft |
| 04/11/2021 04/11/21 | Pending | -- | -- | -- |
| 03/30/2021 03/30/21 | Price Changed | $1,995,000 | -7.2% | $368 / Sq Ft |
| 01/22/2021 01/22/21 | For Sale | $2,150,000 | -- | $397 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $25,283 | $2,067,444 | $1,515,404 | $552,040 |
| 2024 | $24,973 | $2,026,907 | $1,485,691 | $541,216 |
| 2023 | $24,491 | $1,987,164 | $1,456,560 | $530,604 |
| 2022 | $23,353 | $1,948,200 | $1,428,000 | $520,200 |
| 2021 | $15,664 | $1,281,314 | $643,876 | $637,438 |
| 2020 | $15,818 | $1,268,176 | $637,274 | $630,902 |
| 2019 | $15,199 | $1,243,311 | $624,779 | $618,532 |
| 2018 | $15,093 | $1,218,933 | $612,529 | $606,404 |
| 2016 | $14,393 | $1,171,602 | $588,745 | $582,857 |
| 2015 | $14,185 | $1,154,004 | $579,902 | $574,102 |
| 2014 | $14,247 | $1,131,400 | $568,543 | $562,857 |
Source: Public Records
Agents Affiliated with this Home
-
Timothy Jerry
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SR21013932
APN: 5425-023-007
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