NOT LISTED FOR SALE

2275 Silver Ridge Ave Los Angeles, CA 90039

Estimated Value: $1,580,000 - $2,112,000

6 Beds
6 Baths
2,784 Sq Ft
$673/Sq Ft Est. Value

Last Sold November 18, 2014

Last sale price $1,152,000 $414 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $11,597/month

18 Days on Market

Highlights

  • Primary Bedroom Suite
  • Mountain View
  • Bamboo Flooring
  • John Marshall Senior High Rated A
  • Traditional Architecture
  • Laundry Room

About This Home

As of November 2014

Spectacular 1960's duplex with mid-century flare situated in the coveted Silver Lake hills. Each unit is 3 bedrooms, 2.5 bathrooms, townhouse style with walkout patios and ample outdoor living space. Bamboo flooring covers the open, large living and dining areas while views abound from the floor-to-ceiling glass windows and doors throughout. Both units feature a master bedroom with a private bathroom and walkout balcony overlooking the native plants that cover the low-maintenance yard. All this is within a short distance to the reservoir, dog park, library, restaurants, and the meadow. Perfect for owner/user or for an investor looking for a solid rental property. Unit 2275 will be delivered vacant and has been recently remodeled. 2277 is currently rented for $2,832/month. Vacant unit can be easily shown. Tenants' unit to be shown with an accepted offer but pictures of the unit are posted in the photos.

Last Agent to Sell the Property

Christopher Furstenberg

Nourmand & Associates-HW License #01208924 Listed on: 10/01/2014

Nourmand & Associates-HW

Last Buyer's Agent

Laura Stupsker

The Agency License #01796518

The Agency

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,613

Year Built

  • Built in 1965

Lot Details

  • 4,875

Home Design

  • Duplex
  • Traditional Architecture

Interior Spaces

  • 2,784 Sq Ft Home
  • 2-Story Property
  • Mountain Views
  • Laundry Room

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Bamboo
  • Carpet
  • Linoleum

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary Bedroom Suite
  • 6 Bathrooms

Parking

  • 2 Parking Spaces
  • Attached Carport

Additional Features

  • 4,875 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 2 Units
  • Laundry Facilities

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 5440-017-008

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,613

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: Traditional
  • Street Number Display: Yes
  • Living Area: 2784
  • Stories: 2
  • Year Built: 1965
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Bamboo, Carpet, Linoleum
  • Bedrooms: 6
  • Bedroom Features: Master Suite
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Community, Room
  • Laundry Equipment: Own
  • Total Bathrooms: 6.00
  • Den: 0
  • Equipment: Dishwasher, Garbage Disposal, Range/Oven, Refrigerator
  • Price Per S Q F T: 358.84

Exterior Features

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

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Carport Attached
  • Total Parking: 2

Utilities

  • Heating: Wall Gas

Lot Info

  • Assessed Improvement Value: 260345
  • Assessed Land Value: 735766
  • Assessor Parcel Number: 5440-017-008
  • Geocode Override: No
  • Lot Size Area: 4875

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2014
Closed on
Oct 27, 2014
Sold by
Bayle Justin
Bought by
Workville Properties Llc
Seller's Agent
Christopher Furstenberg
Nourmand & Associates-HW
Buyer's Agent
Laura Stupsker
The Agency
List Price
$999,000
Sold Price
$1,152,000
Premium/Discount to List
$153,000
15.32%
Current Estimated Value
$1,874,356

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$722,356
Avg. Annual Appreciation
5.09%

Purchase Details

Closed on
Feb 9, 2005
Sold by
Lebaron Gail
Bought by
Bayle Justin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$704,000
Interest Rate
5%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Sep 1, 2004
Sold by
Kelley Alice Cheryl Dyer and Dyer Revocable Family Trust
Bought by
Lebaron Gail

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$524,000
Interest Rate
5.92%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 23, 2004
Sold by
Reed Leonard
Bought by
Lebaron Gail

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$524,000
Interest Rate
5.92%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Workville Properties Llc $1,152,500 Title 365
Bayle Justin $880,000 Equity Title Company
Lebaron Gail $699,000 Advantage Title Inc
Lebaron Gail -- Advantage Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bayle Justin $218,000
Previous Owner Bayle Justin $704,000
Previous Owner Lebaron Gail $524,000
Closed Bayle Justin $117,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/18/2014 11/18/14 Sold $1,152,000 +15.3% $414 / Sq Ft
10/19/2014 10/19/14 Pending -- -- --
10/01/2014 10/01/14 For Sale $999,000 -- $359 / 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 $16,613 $1,385,123 $841,290 $543,833
2024 $16,613 $1,357,965 $824,795 $533,170
2023 $16,290 $1,331,339 $808,623 $522,716
2022 $15,527 $1,305,235 $792,768 $512,467
2021 $15,332 $1,279,643 $777,224 $502,419
2019 $14,870 $1,241,690 $754,172 $487,518
2018 $14,803 $1,217,344 $739,385 $477,959
2016 $14,143 $1,170,075 $710,675 $459,400
2015 $13,936 $1,152,500 $700,000 $452,500
2014 -- $1,000,632 $739,106 $261,526
Source: Public Records

Agents Affiliated with this Home

  • Christopher Furstenberg

    Seller's Agent in 2014

    Christopher Furstenberg

    Nourmand & Associates-HW

    (323) 422-2244

    2 in this area

    35 Total Sales

    Christopher Furstenberg
    Section Image
  • Laura Stupsker

    Buyer's Agent in 2014

    Laura Stupsker

    The Agency

    (310) 993-9166

    1 in this area

    24 Total Sales

    Laura Stupsker
    Section Image
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Map

Source: The MLS

MLS Number: 14-798377

The MLS

APN: 5440-017-008

California Los Angeles County Los Angeles 90039

2275 Silver Ridge Ave, Los Angeles, CA

This home is located at 2275 Silver Ridge Ave, Los Angeles, CA 90039 since 01 October 2014 and is currently estimated at $1,874,356, approximately $673 per square foot. This property was built in 1965. 2275 Silver Ridge Ave is a home located in Los Angeles County with nearby schools including Allesandro Elementary, Irving STEAM Magnet School, and John Marshall Senior High.

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