NOT LISTED FOR SALE

2403 Lanterman Terrace Los Angeles, CA 90039

Estimated Value: $2,586,000 - $3,242,000

3 Beds
4 Baths
2,475 Sq Ft
$1,189/Sq Ft Est. Value

Last Sold November 17, 2020

Last sale price $1,830,000 $739 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $17,654/month

Highlights

  • Ocean View
  • Family Room with Fireplace
  • Wood Flooring
  • Ivanhoe Elementary Rated A-
  • Traditional Architecture
  • No HOA

About This Home

As of November 2020

Tucked away behind gates in Silver Lakes Moreno Highlands, this 1938 home exudes casual glamour. A dramatic step-down living room w/ high ceilings, fireplace & picture window sets the stage for both festive gatherings & intimate nights home. The adjoining dining room is gracious in its proportions & offers French doors which frame the patio & view beyond. Breakfast at home takes on a whole new meaning when prepared in an updated kitchen & served in a delightful, octagonal nook. Three light-filled bedrooms, two full baths & two additional half baths make room for friends & family. A paneled den w/ projection system & adjacent kitchenette makes for memorable movie nights at home. Covered patio w/ Moroccan lanterns is the perfect spot to recline on a daybed & take in the view. Terraced yard offers ample room for a victory garden, entertaining & imaginative play. Two car garage w/ direct access. Peace, privacy + proximity to groceries, Ivanhoe & the Reservoir make this the ideal escape.

Last Agent to Sell the Property

Jennifer Cahill

Compass License #01980658 Listed on: 11/09/2020

Compass

Co-Listed By

Kurt Wisner

Compass License #01431217

Last Buyer's Agent

Jacqueline Cahen

Compass License #01954079

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $23,649

Year Built

  • Built in 1938

Lot Details

  • 5,102 Sq Ft Lot
  • Property is zoned LAR1

Parking

  • 2 Car Attached Garage

Property Views

  • Ocean
  • Panoramic
  • City Lights
  • Mountain
  • Hills

Home Design

  • Traditional Architecture

Interior Spaces

  • 2,475 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Breakfast Room
  • Dining Room
  • Laundry Room

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Powder Room

Additional Features

  • Covered Patio or Porch
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 5432-030-007

Home Details

Home Type

Single Family

Est. Annual Taxes

$23,649

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Traditional
  • Street Number Display: Yes
  • Living Area: 2475
  • Lot Acreage: 0.1171
  • Stories: 2
  • Year Built: 1938
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room, Family Room
  • Flooring: Hardwood, Tile
  • Bedrooms: 3
  • Full Bathroom: 2
  • Half Bathroom: 2
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 1
  • Laundry: Inside, Laundry Area, In Closet
  • Total Bathrooms: 4.00
  • Den: 0
  • Equipment: Built-Ins, Dishwasher, Refrigerator, Range/Oven, Hood Fan
  • Price Per S Q F T: 765.66

Exterior Features

  • Other Structures: None
  • Pool: No
  • Spa Yn: No
  • View: City, City Lights, Hills, Panoramic, Mountains, Ocean
  • View: Yes

Garage/Parking

  • Parking Garage: Garage Is Attached, Garage - 2 Car, Garage
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 5432-030-007
  • Lot Size Area: 5102

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 9, 2020
Closed on
Oct 17, 2020
Sold by
Vincent Cynthia
Bought by
Lee Pei Lim Brian
Seller's Agent
Jennifer Cahill
Compass
Buyer's Agent
Jacqueline Cahen
Compass
List Price
$1,895,000
Sold Price
$1,830,000
Premium/Discount to List
-$65,000
-3.43%
Current Estimated Value
$2,943,526

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,113,526
Avg. Annual Appreciation
9.95%
Original Mortgage
$100,000
Outstanding Balance
$89,391
Interest Rate
2.8%
Mortgage Type
Commercial
Estimated Equity
$2,804,301

Purchase Details

Closed on
Dec 5, 2005
Sold by
Megiel Boguslaw and Buss Gerda
Bought by
Vincent Cynthia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
7.75%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Mar 4, 2005
Sold by
Megiel Bogumila
Bought by
Megiel Boguslaw

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,000
Interest Rate
5.84%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Feb 11, 2005
Sold by
Riedel Maria Bernal and Bernal Olga Irene
Bought by
Megiel Boguslaw and Buss Gerda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,000
Interest Rate
5.84%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 27, 2001
Sold by
Riedel Maria Bernal and Bernal Olga Irene
Bought by
Riedel Maria Bernal and Bernal Olga Irene

Purchase Details

Closed on
Nov 11, 2000
Sold by
Bernal Margaret R
Bought by
Bernal Margaret R and Bernal Olga Irene
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
Lee Pei Lim Brian $1,830,000 Lawyers Title
Vincent Cynthia $1,270,000 California Title Company
Megiel Boguslaw -- California Title Company
Megiel Boguslaw $810,000 California Title Company
Riedel Maria Bernal -- --
Bernal Margaret R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Pei Lim Brian $100,000
Open Lee Pei Lim Brian $1,200,000
Previous Owner Vincent Cynthia $1,171,000
Previous Owner Vincent Cynthia $1,175,000
Previous Owner Vincent Cynthia $1,000,000
Previous Owner Vincent Cynthia $170,000
Previous Owner Vincent Cynthia $1,000,000
Previous Owner Buss Gerda $163,000
Previous Owner Megiel Boguslaw $565,000
Previous Owner Megiel Boguslaw $565,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/17/2020 11/17/20 Sold $1,830,000 -3.4% $739 / Sq Ft
11/09/2020 11/09/20 Pending -- -- --
11/09/2020 11/09/20 For Sale $1,895,000 -- $766 / 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 $23,649 $1,980,848 $1,584,679 $396,169
2024 $23,649 $1,942,008 $1,553,607 $388,401
2023 $23,186 $1,903,931 $1,523,145 $380,786
2022 $22,099 $1,866,600 $1,493,280 $373,320
2021 $21,831 $1,830,000 $1,464,000 $366,000
2020 $19,282 $1,586,941 $1,249,564 $337,377
2019 $18,508 $1,555,825 $1,225,063 $330,762
2018 $18,438 $1,525,320 $1,201,043 $324,277
2016 $17,627 $1,466,092 $1,154,406 $311,686
2015 $17,367 $1,444,071 $1,137,066 $307,005
2014 $15,615 $1,268,000 $999,000 $269,000
Source: Public Records

Agents Affiliated with this Home

  • Jennifer Cahill

    Seller's Agent in 2020

    Jennifer Cahill

    Compass

    (949) 395-5295

    16 in this area

    79 Total Sales

    Jennifer Cahill
    Section Image
  • Kurt Wisner

    Seller Co-Listing Agent in 2020

    Kurt Wisner

    Compass

    (323) 841-3839

    58 in this area

    397 Total Sales

    Kurt Wisner
    Section Image
  • Jacqueline Cahen

    Buyer's Agent in 2020

    Jacqueline Cahen

    Compass

    (310) 200-3480

    2 in this area

    54 Total Sales

    Jacqueline Cahen
    Section Image
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Map

Source: The MLS

MLS Number: 20-657224

The MLS

APN: 5432-030-007

California Los Angeles County Los Angeles 90039

2403 Lanterman Terrace, Los Angeles, CA

This home is located at 2403 Lanterman Terrace, Los Angeles, CA 90039 since 09 November 2020 and is currently estimated at $2,943,526, approximately $1,189 per square foot. This property was built in 1938. 2403 Lanterman Terrace is a home located in Los Angeles County with nearby schools including Ivanhoe Elementary, Thomas Starr King Middle School Film and Media Magnet, and John Marshall Senior High.

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