NOT LISTED FOR SALE

1621 Redcliff St Los Angeles, CA 90026

Estimated Value: $1,762,000 - $2,379,000

4 Beds
3 Baths
2,363 Sq Ft
$899/Sq Ft Est. Value

Last Sold March 25, 2022

Last sale price $1,881,570 $796 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $13,292/month

14 Days on Market

Highlights

  • Views of Trees
  • Wood Flooring
  • Bonus Room
  • John Marshall Senior High Rated A
  • Spanish Architecture
  • High Ceiling

About This Home

As of March 2022

Perfect for an owner-user or investor, this pristine character-filled 1920's Spanish duplex located in a coveted pocket of Silver Lake is ready to make new history. The light-filled owner's unit flows graciously from spacious living room to formal dining room to charming vintage-tiled kitchen complete with antique Wedgewood stove. A spiral staircase leads down to a multi-use bonus room that opens to the freshly-sodded back yard and secret garden below. A large laundry room/half bath combo is on this level as well. The upstairs unit has the same floorplan (without the bonus level) plus a sweet breakfast nook off the kitchen. Highlights include newly refinished hardwood floors in lower unit, washer/dryers in both units, lots of storage space, newer roof, gorgeous front and rear gardens with mature fruit trees, views of Hollywood Hills, downtown, Griffith Observatory, partial Hollywood sign. The neighborhood is special, with easy access to the Silver Lake reservoir, secret stairs of Silver Lake, shops, restaurants, and what the current owners refer to as "amazing neighbors who look out for one another."

Last Agent to Sell the Property

Jan Hohenstein

Keller Williams Larchmont License #01254052 Listed on: 02/11/2022

Keller Williams Larchmont

Last Buyer's Agent

Tracy Fink

Beverly and Company, Inc. License #01440003

Beverly and Company, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $23,785

Year Built

  • Built in 1927

Lot Details

  • 5,285 Sq Ft Lot
  • Landscaped
  • Sprinkler System
  • Lawn
  • Back and Front Yard

Parking

  • 2 Car Garage
  • Driveway

Property Views

  • Trees
  • Views of a landmark
  • Hills

Home Design

  • Duplex
  • Spanish Architecture
  • Spanish Tile Roof
  • Partial Copper Plumbing
  • Stucco

Interior Spaces

  • 2,363 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Ceiling Fan
  • Entryway
  • Breakfast Room
  • Bonus Room
  • Basement

Kitchen

  • Gas Oven
  • Tile Countertops

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Rain Gutters

Utilities

  • Floor Furnace
  • Sewer in Street

Community Details

  • 2 Units
  • Rent Control

Listing and Financial Details

  • Tenant pays for gas, electricity
  • Assessor Parcel Number 5425-001-037

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$23,785

Year Built

Built in 1927

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Style: Spanish
  • Levels: Three Or More
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Living Area: 2363
  • Lot Acreage: 0.1213
  • Probate: No
  • Stories: 2
  • Year Built: 1927
  • Number Of Photos: 30
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Hardwood, Carpet, Ceramic Tile
  • Appliances: Oven-Gas
  • Bedrooms: 4
  • Common Walls: Attached
  • Dining Room: 0
  • Family Room: 0
  • Kitchen Features: Tile Counters
  • Laundry: In Unit, Inside, Room
  • Laundry Equipment: Own
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Ceiling Fan, Dryer, Range/Oven, Refrigerator, Washer, Stackable W/D Hookup
  • Price Per S Q F T: 634.36

Exterior Features

  • Construction: Stucco
  • Other Features: Balcony, Sprinkler System, Rain Gutters, Partial Copper Plumbing, High Ceilings (9 Feet+)
  • Other Structures: None
  • Roof: Spanish Tile
  • View: Tree Top, Landmark, Hills
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Other Spaces: 2
  • Covered Parking: 2
  • Garage Structures: 1
  • Parking Garage: Driveway, Detached, Garage Is Detached
  • Total Parking: 4

Utilities

  • Heating: Floor Furnace
  • Sewer: In Street Paid
  • Water Heaters: Yes

Lot Info

  • Sprinklers: Sprinkler System
  • Assessed Improvement Percent: 45.08
  • Assessed Improvement Value: 257670
  • Assessed Land Percent: 54.92
  • Assessed Land Value: 313896
  • Total Assessed Value: 571566
  • Assessor Parcel Number: 5425-001-037
  • Lot Description: Back Yard, Front Yard, Gutters, Landscaped, Lawn
  • Lot Size Area: 5285

Rental Info

  • Rent Control: Yes
  • Tenant Pays: Gas, Electricity

Multi Family

  • Unit Type: 2106, 2107
  • Number Of Units: 2
  • Total Annual Expense: 0
  • Type Of Units: Duplex
  • Vacancy Rate: 50%

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 11, 2022
Closed on
Mar 9, 2022
Sold by
Abraham Thomas G and Abraham Kristen M
Bought by
Busansky Alexander and Kaplan Jennifer
Seller's Agent
Jan Hohenstein
Keller Williams Larchmont
Buyer's Agent
Tracy Fink
Beverly and Company, Inc.
List Price
$1,499,000
Sold Price
$1,881,570
Premium/Discount to List
$382,570
25.52%
Current Estimated Value
$2,124,787

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$243,217
Avg. Annual Appreciation
3.50%

Purchase Details

Closed on
Nov 4, 2015
Sold by
Abraham Thomas G and Abraham Kristen M
Bought by
Abraham Thomas G and Abraham Kristen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$541,310
Interest Rate
3.94%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 7, 2005
Sold by
Abraham Thomas G
Bought by
Abraham Thomas G and Abraham Kristen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$522,000
Interest Rate
5.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 11, 2003
Sold by
Abraham Thomas G
Bought by
Abraham Thomas G and Abraham Kristen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
5.53%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 16, 2001
Sold by
Miller Kristen J
Bought by
Abraham Thomas G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$327,200
Interest Rate
7.21%

Purchase Details

Closed on
Jul 6, 2001
Sold by
Dorman John L
Bought by
Abraham Thomas G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$327,200
Interest Rate
7.21%
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
Busansky Alexander $1,882,000 Endpoint Title
Abraham Thomas G -- Wfg Title Company Of Ca
Abraham Thomas G -- Equity Title Company
Abraham Thomas G -- --
Abraham Thomas G -- Equity Title Company
Abraham Thomas G -- United Title Company
Abraham Thomas G $409,000 United Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Abraham Thomas G $541,310
Previous Owner Abraham Thomas G $522,000
Previous Owner Abraham Thomas G $375,000
Previous Owner Abraham Thomas G $327,200
Closed Abraham Thomas G $40,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/25/2022 03/25/22 Sold $1,881,570 +25.5% $796 / Sq Ft
02/25/2022 02/25/22 Pending -- -- --
02/11/2022 02/11/22 For Sale $1,499,000 -- $634 / 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 $23,785 $1,996,736 $1,496,303 $500,433
2024 $23,785 $1,957,585 $1,466,964 $490,621
2023 $23,319 $1,919,201 $1,438,200 $481,001
2022 $7,006 $582,996 $320,173 $262,823
2021 $6,910 $571,566 $313,896 $257,670
2019 $6,702 $554,615 $304,587 $250,028
2018 $6,642 $543,741 $298,615 $245,126
2016 $6,329 $522,628 $287,020 $235,608
2015 $6,236 $514,778 $282,709 $232,069
2014 $6,264 $504,696 $277,172 $227,524
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 22-126789

The MLS

APN: 5425-001-037