NOT LISTED FOR SALE

1616 Silverwood Terrace Los Angeles, CA 90026

Estimated Value: $1,567,770 - $2,064,000

2 Beds
1.5 Baths
1,605 Sq Ft
$1,081/Sq Ft Est. Value

Highlights

  • Detached Guest House
  • Art Studio
  • Midcentury Modern Architecture
  • John Marshall Senior High Rated A
  • Home Theater
  • View of Hills

About This Home

As of November 2021

Enjoy the peaceful retreat of Silver Lake hills living in this 2 bedroom / 1.5 bathroom view home. A large living room and additional den offer ample usable space and period built-ins and closets help keep everything organized. A separate building in the backyard features a soundproofed and acoustically tuned recording studio with a track record of dozens of hit records. This adds 400 square feet bringing the total usable square footage to over 2000. The studio is perfect for those in Music, T.V., Film, and Media or makes a comfortable home office, gym, or guest space for just about anyone. The home features artistic elements in every room and views of the Silver Lake hills. An oversized two-car garage is large enough for two vehicles plus it has large storage shelves built-in. The gated backyard has a custom-made playhouse for fun with little ones. This home is available immediately.

Last Agent to Rent the Property

Jeff Ehrenberg

eXp Realty of California Inc License #02104717 Listed on: 09/16/2021

eXp Realty of California Inc

Last Renter's Agent

Jeff Ehrenberg

eXp Realty of California Inc License #02104717 Listed on: 09/16/2021

eXp Realty of California Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,419

Year Built

  • Built in 1950

Lot Details

  • 5,165 Sq Ft Lot
  • Lot Dimensions are 50x104
  • Gated Home
  • Property is zoned LAR1

Parking

  • 2 Car Garage

Home Design

  • Midcentury Modern Architecture

Interior Spaces

  • 1,605 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • 2 Fireplaces
  • Dining Area
  • Home Theater
  • Den with Fireplace
  • Art Studio
  • Sound Studio
  • Wood Flooring
  • Views of Hills

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Studio bedroom

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Additional Homes

  • Detached Guest House

Utilities

  • Air Conditioning
  • Forced Air Heating System

Listing and Financial Details

  • Security Deposit $6,495
  • Tenant pays for cable TV, electricity, gas, interior maint, janitorial service, trash collection, water
  • Rent includes gardener
  • 12 Month Lease Term
  • Assessor Parcel Number 5423-017-026

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,419

Year Built

Built in 1950

Lot Details

0

Parking

2

Rental Info

  • Credit Report Amount: 30.00
  • Credit Report Paid By: Tenant
  • Credit Report Required: Yes
  • Lease Option: 1
  • Rent Includes: Gardener
  • Security Deposit: 6495
  • Tenant Pays: Cable TV, Electricity, Gas, Interior Maint, Janitorial Service, Trash Collection, Water

Listing Details

  • Property Type: Residential Lease
  • Style: Mid-Century
  • Single Family Or Apt: Single Family
  • Street Number Display: Yes
  • Lease Terms: 1-Year
  • Living Area: 1605
  • Lot Acreage: 0.1186
  • Lot Dimensions: 50x104
  • Stories: 1
  • Year Built: 1950
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace Rooms: Living Room, Den
  • Flooring: Hardwood
  • Appliances: Built-In Gas
  • Bedrooms: 2
  • Fireplaces: 2
  • Full Bathroom: 1
  • Half Bathroom: 1
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Eating Areas: Dining Area, Breakfast Area
  • Laundry: In Unit
  • Total Bathrooms: 2.00
  • Equipment: Refrigerator, Range/Oven, Dishwasher, Washer, Dryer
  • Fireplace: Yes
  • Price Per S Q F T: 4.05

Exterior Features

  • Guest House: Detached
  • Pool: No
  • Spa Yn: No
  • View: Hills
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Garage Is Detached
  • Total Parking: 2

Utilities

  • Cooling: Air Conditioning
  • Heating: Forced Air
  • Security: Carbon Monoxide Detector(s), Smoke Detector, Gated

Association/Amenities

  • Pet Rules: Call

Lot Info

  • Assessor Parcel Number: 5423-017-026
  • Lot Size Area: 5165

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 24, 2003
Sold by
Ito William D and Ito Joanne H
Bought by
Thorn Christopher
Current Estimated Value
$1,734,693

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$402,000
Outstanding Balance
$183,469
Interest Rate
5.89%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,551,224
Source: Public Records

Range of Values:

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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
Thorn Christopher $552,000 Equity Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thorn Christopher $402,000
Closed Thorn Christopher $39,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/11/2021 11/11/21 Rented $6,495 0.0% --
11/09/2021 11/09/21 Under Contract -- -- --
10/21/2021 10/21/21 Price Changed $6,495 -3.1% $4 / Sq Ft
10/10/2021 10/10/21 Price Changed $6,700 -2.9% $4 / Sq Ft
09/16/2021 09/16/21 For Rent $6,900 -- --
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 $9,419 $784,810 $627,853 $156,957
2024 $9,419 $769,423 $615,543 $153,880
2023 $9,236 $754,337 $603,474 $150,863
2022 $8,804 $739,547 $591,642 $147,905
2021 $8,693 $725,047 $580,042 $145,005
2019 $8,430 $703,544 $562,839 $140,705
2018 $8,335 $689,750 $551,803 $137,947
2016 $7,960 $662,969 $530,377 $132,592
2015 $7,842 $653,012 $522,411 $130,601
2014 $7,869 $640,221 $512,178 $128,043
Source: Public Records

Agents Affiliated with this Home

  • Jeff Ehrenberg

    Landlord's Agent in 2021

    Jeff Ehrenberg

    eXp Realty of California Inc

    (323) 409-9990

    3 Total Sales

    Jeff Ehrenberg
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Map

Source: The MLS

MLS Number: 21-784574

The MLS

APN: 5423-017-026

California Los Angeles County Los Angeles 90026

1616 Silverwood Terrace, Los Angeles, CA

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