NOT LISTED FOR SALE

1821 Edgecliffe Dr Los Angeles, CA 90026

Estimated Value: $1,738,000 - $2,334,781

4 Beds
3 Baths
2,122 Sq Ft
$900/Sq Ft Est. Value

Last Sold October 24, 2016

Last sale price $1,053,000 $496 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $11,899/month

8 Days on Market

Highlights

  • Wood Flooring
  • Marble Countertops
  • Fireplace
  • John Marshall Senior High Rated A
  • 1 Car Detached Garage
  • Forced Air Heating System

About This Home

As of October 2016

GREAT INVESTMENT OPPORTUNITY FOR OWNER/USER OR DEVELOPER in Prime Silverlake Hills on a street to street lot (Edgecliffe to Lucille)! Two VACANT separate houses. Upper Unit (1618sqft) : Edgecliffe is a 3BD/2BA large 2 story home with amazing city views! Hardwood floor, upgraded kitchen (steel appliances) and one renovated bathroom, stackable laundry inside, large living and dining area. Lower unit (504sqft): 1838 Lucile is a 1BD/1BA cottage (needs remodeling). The whole neighborhood is experiencing tremendous growth and development! Multi-million dollars properties! Minutes away from Sunset Junction. Fixer, Property Needs TLC. Great opportunity!

Last Agent to Sell the Property

Michel Bron

Beverly and Company, Inc. License #01315435 Listed on: 10/05/2016

Beverly and Company, Inc.

Last Buyer's Agent

Mary Regal

Compass License #01963054

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,904

Year Built

  • Built in 1923

Lot Details

  • 5,107 Sq Ft Lot
  • Hillside Location
  • Property is zoned LAR3

Interior Spaces

  • 2,122 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Fireplace
  • Wood Flooring
  • Alarm System

Kitchen

  • Oven or Range
  • Gas Cooktop
  • Dishwasher
  • Marble Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry on upper level
  • Dryer

Parking

  • 1 Car Detached Garage
  • 1 Carport Space

Utilities

  • Forced Air Heating System

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 5429-017-006

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,904

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 2122
  • Probate: No
  • Stories: 2
  • Year Built: 1923
  • Number Of Photos: 39
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Laundry - Closet Stacked
  • Flooring: Wood
  • Appliances: Cooktop - Gas
  • Bedrooms: 4
  • Common Walls: Detached/No Common Walls
  • Dining Room: 0
  • Family Room: 0
  • Kitchen Features: Marble Counters
  • Laundry: Laundry Closet Stacked, On Upper Level
  • Laundry Equipment: Own
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Alarm System, Ceiling Fan, Dishwasher, Dryer, Hood Fan, Range/Oven, Refrigerator, Stackable W/D Hookup
  • Price Per S Q F T: 471.25

Exterior Features

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

Garage/Parking

  • Carport Spaces: 1
  • Covered Parking: 1
  • Parking Garage: Detached
  • Total Parking: 1

Utilities

  • Cooling: Ceiling Fan
  • Heating: Fireplace, Forced Air

Lot Info

  • Assessed Improvement Value: 233359
  • Assessed Land Value: 433030
  • Assessor Parcel Number: 5429-017-006
  • Geocode Override: No
  • Lot Location: Hillside
  • Lot Size Area: 5107

Multi Family

  • Unit Type: 2106, 2107
  • Number Of Units: 2
  • Total Annual Expense: 0
  • Type Of Units: Duplex
  • Vacancy Rate: 100

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 5, 2016
Closed on
Oct 17, 2016
Sold by
Nelson Kurt Leroy and Nelson Kury Leroy
Bought by
Ostrove Max Aaron and Piotrowski Alexanra Natalia
Seller's Agent
Michel Bron
Beverly and Company, Inc.
Buyer's Agent
Mary Regal
Compass
List Price
$999,999
Sold Price
$1,053,000
Premium/Discount to List
$53,001
5.3%
Current Estimated Value
$1,909,195

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$856,195
Avg. Annual Appreciation
7.38%
Original Mortgage
$1,350,000
Outstanding Balance
$1,098,915
Interest Rate
3.44%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$863,179

Purchase Details

Closed on
May 2, 2008
Sold by
Nelson Robin Kalec
Bought by
Nelson Kurt Leroy

Purchase Details

Closed on
Mar 14, 2002
Sold by
Rifkin Allyn D and Burns Donald K
Bought by
Nelson Kurt Leroy and Kalec Robin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$384,900
Interest Rate
6.83%
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
Ostrove Max Aaron $1,053,000 Fidelity Sherman Oaks
Nelson Kurt Leroy -- None Available
Nelson Kurt Leroy $534,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ostrove Max Aaron $1,350,000
Previous Owner Nelson Kurt Leroy $304,400
Previous Owner Nelson Kurt Leroy $100,000
Previous Owner Nelson Kurt Leroy $387,500
Previous Owner Nelson Kurt Leroy $384,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/24/2016 10/24/16 Sold $1,053,000 +5.3% $496 / Sq Ft
10/05/2016 10/05/16 For Sale $999,999 -- $471 / 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
2024 $15,904 $1,307,300 $762,343 $544,957
2023 $15,593 $1,281,668 $747,396 $534,272
2022 $14,861 $1,256,539 $732,742 $523,797
2021 $14,671 $1,231,902 $718,375 $513,527
2020 $14,820 $1,219,271 $711,009 $508,262
2019 $13,011 $1,095,541 $697,068 $398,473
2018 $12,972 $1,074,060 $683,400 $390,660
2016 $8,116 $666,389 $433,030 $233,359
2015 $7,998 $656,380 $426,526 $229,854
2014 $8,032 $643,523 $418,171 $225,352
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 16-168710

The MLS

APN: 5429-017-006