NOT LISTED FOR SALE

2402 Edgewater Terrace Los Angeles, CA 90039

Estimated Value: $2,142,000 - $2,373,000

4 Beds
4 Baths
3,251 Sq Ft
$683/Sq Ft Est. Value

Last Sold August 18, 2022

Last sale price $1,825,000 $561 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $13,557/month

27 Days on Market

Highlights

  • Attached Guest House
  • Primary Bedroom Suite
  • Main Floor Bedroom
  • Ivanhoe Elementary Rated A-
  • Wood Flooring
  • 4-minute walk to Silver Lake Meadows

About This Home

As of August 2022

Private and secure, completely walled, gated, and hedged, this 4BR/4BA Silver Lake Mediterranean sits in an incredibly convenient location, close to the Reservoir, the Meadow, the Library, Whole Foods, L.A.-owned curated shopping, and jogging and biking paths. The 3,251 sq.ft. house outperforms all others at its price point with multiple bonus features like a 1BR/1BA guest apartment with private entrance, kitchenette, and living room. The home's current owners have rented the guest dwelling on AirBnB since 2013, providing a future owner with an additional income potential of $36K per year. Another bonus: A "professional-grade" home office with separate entrance, waiting room, and bathroom access, makes this residence ideal for work-from-home professionals. And there's more: Save money by sending your little ones to highly-desirable Ivanhoe Elementary, which competes academically with the area's top private schools. Into saving on utilities? This home's Tesla solar panels offset electricity bills while running your 3-zone HVAC system, as well as "mini-split" high-end cooling units. Smart Home features abound with Nest thermostats, Ring doorbell and cameras, Rachio-controlled sprinklers, smart locks and lights. A keypad at the home's front pedestrian gate provides easy (but secure) access for guests and deliveries. Inside the home are spacious rooms (rarely found in this part of Silver Lake) configured in a "customizable" open floor plan. A large living area has gleaming hardwood floors (throughout the home), recessed lighting, a river rock fireplace, art walls, and access through double-paned sliding glass doors to outdoor lounging and dining. A dining area has pass-through access to the home's gourmet kitchen, which features newer stainless-steel appliances. Another area off of the kitchen could be used as an alternate "casual" dining area or as a family area. There is also a bathroom on this floor. Upstairs is a luxury-level primary bedroom with a private bathroom, walk-in closet, and access to a balcony with views of the surrounding area. There are two other bedrooms on the second floor which share access to a bathroom. Multiple outdoor patios and entertaining spaces surround the exterior of the house. The house includes a 1-car garage and gated driveway parking. The home is minutes from DTLA, Elysian Park, Griffith Park, Dodger Stadium, and major freeways.

Last Agent to Sell the Property

Jeff Yarbrough

Keller Williams Beverly Hills License #01341959 Listed on: 06/24/2022

Keller Williams Beverly Hills

Last Buyer's Agent

PREET AHLUWALIA

FIRST FEDERAL BANCORP License #01177902

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,801

Year Built

  • Built in 1954

Lot Details

  • 6,874 Sq Ft Lot
  • Gated Home
  • Property is zoned LAR1

Parking

  • 1 Car Attached Garage
  • 2 Open Parking Spaces
  • Auto Driveway Gate
  • Driveway

Home Design

  • Mediterranean Architecture

Interior Spaces

  • 3,251 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows
  • Living Room with Fireplace
  • Dining Area
  • Home Office

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on upper level

Utilities

  • Zoned Heating and Cooling
  • Cooling System Mounted In Outer Wall Opening
  • Sewer in Street

Additional Features

  • Covered Patio or Porch
  • Attached Guest House

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 5439-014-017

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,801

Year Built

Built in 1954

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Mediterranean
  • Street Number Display: Yes
  • Living Area: 3251
  • Lot Acreage: 0.1578
  • Probate: No
  • Stories: 2
  • Year Built: 1954
  • Number Of Photos: 32
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Tile, Hardwood
  • Appliances: Built-Ins
  • Bedrooms: 4
  • Fireplaces: 1
  • Full Bathroom: 4
  • Half Bathroom: 0
  • Bedroom Features: Main Floor Bedroom, Master Suite, WalkInCloset
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Eating Areas: Breakfast Counter / Bar, Dining Area
  • Laundry: On Upper Level, Inside
  • Total Bathrooms: 4.00
  • Den: 0
  • Equipment: Dishwasher, Refrigerator, Range/Oven
  • Fireplace: Yes
  • Price Per S Q F T: 582.90
  • Windows: Double Pane Windows

Exterior Features

  • Other Structures: None
  • Guest House: Attached
  • Patio: Patio Open, Covered
  • Pool: No
  • Spa Yn: No
  • View: No

Garage/Parking

  • Garage Spaces: 1
  • Other Spaces: 2
  • Parking Garage: Attached, Driveway - Pavers, Driveway Gate, Garage - 1 Car
  • Total Parking: 3

Utilities

  • Cooling: Central, Multi/Zone, Wall Unit(s)
  • Heating: Central
  • Security: Gated
  • Sewer: In Street
  • Water: In Street

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Special Zoning: Property Report
  • Assessor Parcel Number: 5439-014-017
  • Lot Size Area: 6874

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2022
Closed on
Aug 8, 2022
Sold by
Winter Sidney C and Clayton Patrick
Bought by
Ghotra Lovedeep Singh and Ahluwalia Simarpreet
Seller's Agent
Jeff Yarbrough
Keller Williams Beverly Hills
Buyer's Agent
PREET AHLUWALIA
FIRST FEDERAL BANCORP
List Price
$2,195,000
Sold Price
$1,825,000
Premium/Discount to List
-$370,000
-16.86%
Current Estimated Value
$2,139,359

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$314,359
Avg. Annual Appreciation
6.74%
Original Mortgage
$1,453,696
Outstanding Balance
$1,391,318
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$828,170

Purchase Details

Closed on
Aug 20, 2014
Sold by
Winter Sidney C
Bought by
Winter Sidney C and Jensen Patrick Clayton

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$920,000
Interest Rate
4.12%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 11, 2012
Closed on
Jun 12, 2012
Sold by
Us Bank National Association
Bought by
Winter Sidney C
Seller's Agent
Erik Reppe
Property Masters Realty
List Price
$749,900
Sold Price
$760,000
Premium/Discount to List
$10,100
1.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.56%
Original Mortgage
$742,520
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 1, 2011
Sold by
Lomeli Victor M and Lomeli Sylvia Y
Bought by
Us Bank National Association

Purchase Details

Closed on
Jul 1, 2005
Sold by
Lomeli Victor M and Lomeli Silvia Y
Bought by
Lomeli Victor M and Lomeli Sylvia Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$471,000
Interest Rate
5.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 20, 2004
Sold by
Lomeli Sylvia
Bought by
Lomeli Victor M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
5.76%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 19, 2004
Sold by
Lomeli Victor M and Anna Marie Rybicki Living Trus
Bought by
Lomeli Victor M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
5.76%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 11, 2001
Sold by
Rybicki Anna Marie
Bought by
Rybicki Anna Marie and Anna Marie Rybicki Living Trus
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
Ghotra Lovedeep Singh $1,825,000 First American Title Company O
Winter Sidney C -- Accommodation
Winter Sidney C -- Ticor Title Company
Winter Sidney C $760,000 Servicelink
Us Bank National Association $1,077,256 Servicelink
Lomeli Victor M -- --
Lomeli Victor M -- --
Lomeli Victor M -- Equity Title
Lomeli Victor M -- Equity Title
Rybicki Anna Marie -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ghotra Lovedeep Singh $1,453,696
Previous Owner Winter Sidney C $1,286,000
Previous Owner Winter Sidney C $920,000
Previous Owner Winter Sidney C $156,000
Previous Owner Winter Sidney C $742,520
Previous Owner Lomeli Victor M $900,000
Previous Owner Lomeli Victor M $471,000
Previous Owner Lomeli Victor M $250,000
Previous Owner Lomeli Victor M $250,000
Previous Owner Rybicki Anna Marie $180,000
Previous Owner Rybicki Anna Marie $200,000
Previous Owner Rybicki Anna Marie $36,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/18/2022 08/18/22 Sold $1,825,000 -3.7% $561 / Sq Ft
07/21/2022 07/21/22 Pending -- -- --
07/14/2022 07/14/22 Price Changed $1,895,000 -5.0% $583 / Sq Ft
07/07/2022 07/07/22 Price Changed $1,995,000 -9.1% $614 / Sq Ft
06/24/2022 06/24/22 For Sale $2,195,000 +188.8% $675 / Sq Ft
07/30/2012 07/30/12 Sold $760,000 +1.3% $258 / Sq Ft
07/26/2012 07/26/12 Pending -- -- --
06/11/2012 06/11/12 For Sale $749,900 -- $254 / 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 $22,801 $1,898,730 $1,518,984 $379,746
2024 $22,801 $1,861,500 $1,489,200 $372,300
2023 $22,358 $1,825,000 $1,460,000 $365,000
2022 $10,658 $881,899 $705,521 $176,378
2021 $10,518 $864,608 $691,688 $172,920
2019 $10,205 $838,965 $671,173 $167,792
2018 $10,106 $822,515 $658,013 $164,502
2016 $9,645 $790,577 $632,462 $158,115
2015 $9,505 $778,702 $622,962 $155,740
2014 $9,536 $763,450 $610,760 $152,690
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 22-170039

The MLS

APN: 5439-014-017