NOT LISTED FOR SALE

2381 Teviot St Los Angeles, CA 90039

Estimated Value: $1,750,000 - $2,215,000

2 Beds
2 Baths
1,724 Sq Ft
$1,102/Sq Ft Est. Value

Last Sold June 15, 2018

Last sale price $1,275,000 $740 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $11,471/month

84 Days on Market

Highlights

  • Air Conditioning
  • Clifford Street Elementary School Rated A-
  • 4 Car Garage

About This Home

As of June 2018

Rare opportunity for large home in "Hipster Haven" with additional income potential! Situated in the Silver Lake Heights neighborhood of trendy Silver Lake, CA, this refurbished 1,724 square foot home is a short walk to Whole Foods and Starbucks, and only two blocks from the Silver Lake Reservoir. With hillside views from the private back deck, which sits atop three landscaped terrace levels in the backyard, this home offers access to "the hippest neighborhood of Los Angeles", according to Forbes magazine. Trendy boutiques and artisanal cafes add to the allure of the picturesque hillside neighborhoods, where families are drawn to the highly-rated local school districts and young professionals enjoy its proximity to both Downtown Los Angeles and Hollywood. A creative homeowner may wish to occupy the large two bedroom upstairs portion while renting the downstairs studio. The property's original character has been admirably preserved throughout meticulous renovations with fine detail.

Last Agent to Sell the Property

Rick Raymundo

Marcus & Millichap License #01357019 Listed on: 03/23/2018

Last Buyer's Agent

Robert Lee

I & J Properties, Inc. License #01231951

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,236

Year Built

  • Built in 1936

Lot Details

  • 7,439 Sq Ft Lot

Interior Spaces

  • 1,724 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Parking

  • 4 Car Garage
  • Driveway

Utilities

  • Air Conditioning
  • Heating System Mounted To A Wall or Window

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 5440-004-014

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,236

Year Built

Built in 1936

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 1724
  • Stories: 2
  • Year Built: 1936
  • Number Of Photos: 21
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 2
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 2.00
  • Den: 0
  • Price Per S Q F T: 753.48

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Parking Garage: Driveway, Garage
  • Total Parking: 4

Utilities

  • Cooling: Air Conditioning
  • Heating: Wall

Lot Info

  • Assessed Improvement Value: 48775
  • Assessed Land Value: 35462
  • Assessor Parcel Number: 5440-004-014
  • Geocode Override: No
  • Lot Size Area: 7439

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 24.29
  • Number Of Units: 2
  • Total Annual Expense: 22899
  • Type Of Units: Residential
  • Vacancy Rate: $0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2018
Closed on
May 17, 2018
Sold by
Jaffe Jaelline and The Amended And Restated Jaell
Bought by
Kim John and Kim Amanda
Seller's Agent
Rick Raymundo
Marcus & Millichap
Buyer's Agent
Robert Lee
I & J Properties, Inc.
List Price
$1,399,000
Sold Price
$1,275,000
Premium/Discount to List
-$124,000
-8.86%
Current Estimated Value
$1,900,325

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$625,325
Avg. Annual Appreciation
5.14%
Original Mortgage
$1,020,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 22, 2016
Sold by
Jaffe Jaelline
Bought by
Jaffe Jaelline and The Amended & Restated Jaellin

Purchase Details

Closed on
Feb 16, 2007
Sold by
Jaffe Raymond and Jaffe Remy
Bought by
Jaffe Remy and The Remy Jaffe Trust
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
Kim John $1,275,000 Fidelity National Title
Jaffe Jaelline -- None Available
Jaffe Remy -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kim John $150,000
Open Kim John $1,015,700
Closed Kim John $1,020,000
Previous Owner Jaffe Remy $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2018 06/15/18 Sold $1,275,000 0.0% $740 / Sq Ft
06/05/2018 06/05/18 Off Market $1,275,000 -- --
05/03/2018 05/03/18 Price Changed $1,299,000 -7.1% $753 / Sq Ft
03/23/2018 03/23/18 For Sale $1,399,000 -- $811 / 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 $17,236 $1,450,729 $1,137,827 $312,902
2024 $17,236 $1,422,284 $1,115,517 $306,767
2023 $16,898 $1,394,397 $1,093,645 $300,752
2022 $16,103 $1,367,056 $1,072,201 $294,855
2021 $15,907 $1,340,252 $1,051,178 $289,074
2019 $15,424 $1,300,500 $1,020,000 $280,500
2018 $1,223 $85,921 $36,171 $49,750
2016 $1,150 $82,586 $34,767 $47,819
2015 $1,136 $81,346 $34,245 $47,101
2014 $1,150 $79,754 $33,575 $46,179
Source: Public Records

Agents Affiliated with this Home

  • Rick Raymundo

    Seller's Agent in 2018

    Rick Raymundo

    Marcus & Millichap

    (818) 219-6146

    2 in this area

    67 Total Sales

    Rick Raymundo
    Section Image
  • Robert Lee

    Buyer's Agent in 2018

    Robert Lee

    I & J Properties, Inc.

    (213) 925-3632

    10 Total Sales

    Robert Lee
    Section Image
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Map

Source: The MLS

MLS Number: 18-326318

The MLS

APN: 5440-004-014

California Los Angeles County Los Angeles 90039

2381 Teviot St, Los Angeles, CA

This home is located at 2381 Teviot St, Los Angeles, CA 90039 since 23 March 2018 and is currently estimated at $1,900,325, approximately $1,102 per square foot. This property was built in 1936. 2381 Teviot St is a home located in Los Angeles County with nearby schools including Clifford Street Elementary School, Allesandro Elementary, and Irving STEAM Magnet School.

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