NOT LISTED FOR SALE

2408 Riverside Place Los Angeles, CA 90039

Estimated Value: $997,000 - $1,150,000

2 Beds
1 Bath
600 Sq Ft
$1,768/Sq Ft Est. Value

Last Sold November 24, 2020

Last sale price $795,000 $1,325 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $6,484/month

10 Days on Market

Highlights

  • City Lights View
  • Wood Flooring
  • Cottage
  • John Marshall Senior High Rated A
  • No HOA
  • Living Room

About This Home

As of November 2020

Tucked away in a Silver Lake cul-de-sac, this charming hillside hideaway offers privacy and excellent yard space. The cottage is sequestered behind a hedge and gate, wrapping you in greenery and an enchanting European vibe. Flooring is crafted in wood; the kitchen is nicely outfitted with quartz countertops and a full-height backsplash. Two bedrooms can accommodate office or flex-space as needed; outdoor access is seamless providing the option to work, relax, dine and entertain on the patio and terraced yard. Amenities include central heat+air, Nest thermostat, a garage and off-street parking pad. Surrounded by mature sustainable landscaping, this magical retreat is well situated near local favorites Silver Lake Wine, Whole Foods 365, Gingergrass, Salazar and more. Hike or run on the historic Corralitas Rail Path that is right outside your door, or ride along the LA River Bike Path that is within easy reach. Frogtown, Atwater Village, Echo Park and Downtown LA are mere minutes away.

Last Agent to Sell the Property

Tracy Do

Coldwell Banker Realty License #01350025 Listed on: 10/13/2020

Coldwell Banker Realty

Co-Listed By

Richard Michalowski

Coldwell Banker Realty License #01935805

Last Buyer's Agent

Brent Ander

Compass License #01846975

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,242

Year Built

  • Built in 1948

Lot Details

  • 5,128 Sq Ft Lot
  • Property is zoned LAR2

Property Views

  • City Lights
  • Hills

Home Design

  • Cottage

Interior Spaces

  • 600 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Wood Flooring

Kitchen

  • Oven or Range
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • Driveway

Additional Features

  • Open Patio
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 5440-027-012

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,242

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Cottage
  • Street Number Display: Yes
  • Living Area: 600
  • Lot Acreage: 0.1177
  • Stories: 1
  • Year Built: 1948
  • Number Of Photos: 20
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Hardwood
  • Bedrooms: 2
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 1.00
  • Den: 0
  • Equipment: Garbage Disposal, Refrigerator, Washer, Dryer, Range/Oven
  • Price Per S Q F T: 1215.00

Exterior Features

  • Other Structures: None
  • Patio: Patio Open
  • Pool: No
  • Spa Yn: No
  • View: City Lights, Hills
  • View: Yes

Garage/Parking

  • Parking Garage: Driveway, Garage - 1 Car
  • Total Parking: 1

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 5440-027-012
  • Lot Size Area: 5128

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 13, 2020
Closed on
Nov 18, 2020
Sold by
Hansen Bridget
Bought by
Cuevas Jonathan and Hirsch Daniel
Seller's Agent
Tracy Do
Coldwell Banker Realty
Buyer's Agent
Brent Ander
Compass
List Price
$729,000
Sold Price
$795,000
Premium/Discount to List
$66,000
9.05%
Total Days on Market
10
Current Estimated Value
$1,060,833

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$265,833
Avg. Annual Appreciation
6.14%
Original Mortgage
$495,000
Outstanding Balance
$446,468
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$594,443

Purchase Details

Listed on
Oct 16, 2015
Closed on
Nov 4, 2015
Sold by
Kendall Taylor
Bought by
Hansen Bridget
Seller's Agent
Elizabeth Brown
Sotheby's International Realty
Buyer's Agent
Keely Myres
List Price
$559,000
Sold Price
$581,000
Premium/Discount to List
$22,000
3.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.45%
Original Mortgage
$464,800
Interest Rate
3.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 17, 2011
Sold by
Gilvary Michael
Bought by
Kendall Taylor and Markevich Megan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$409,353
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 25, 2005
Sold by
Ferrugia Angelo J
Bought by
Gilvary Michael and Weir Christine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$399,200
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 30, 2003
Sold by
Kidwai Shaukat Ali
Bought by
Kidwai Margaret Winifred

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,000
Interest Rate
5.26%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 6, 2003
Sold by
Kidwai Margaret Winifred
Bought by
Ferrugia Angelo J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,000
Interest Rate
5.26%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 16, 2003
Sold by
Kidwai Yasmin J
Bought by
Kidwai Margaret Winified

Purchase Details

Closed on
Jan 19, 2000
Sold by
Miller Ellen W
Bought by
Kidwai Yasmin J and Kidwai Margaret W
Source: Public Records

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Range of Values:

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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
Cuevas Jonathan $795,000 Provident Title Company
Hansen Bridget $581,000 Lawyers Title
Kendall Taylor $420,000 None Available
Gilvary Michael $499,000 Equity Title Company
Kidwai Margaret Winifred -- Ctc
Ferrugia Angelo J $280,000 Ctc
Kidwai Margaret Winified -- --
Kidwai Yasmin J $135,000 Southland Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cuevas Jonathan $495,000
Previous Owner Hansen Bridget $422,000
Previous Owner Hansen Bridget $464,800
Previous Owner Kendall Taylor P $399,600
Previous Owner Kendall Taylor $409,353
Previous Owner Gilvary Michael $399,200
Previous Owner Ferrugia Angelo J $80,000
Previous Owner Ferrugia Angelo J $224,000
Closed Ferrugia Angelo J $56,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/24/2020 11/24/20 Sold $795,000 +9.1% $1,325 / Sq Ft
10/23/2020 10/23/20 Pending -- -- --
10/13/2020 10/13/20 For Sale $729,000 +25.5% $1,215 / Sq Ft
11/18/2015 11/18/15 Sold $581,000 +3.9% $968 / Sq Ft
10/28/2015 10/28/15 Pending -- -- --
10/16/2015 10/16/15 For Sale $559,000 -- $932 / 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 $10,242 $843,659 $742,845 $100,814
2023 $10,041 $827,118 $728,280 $98,838
2022 $9,567 $810,900 $714,000 $96,900
2021 $9,454 $795,000 $700,000 $95,000
2020 $7,572 $628,889 $503,112 $125,777
2019 $7,267 $616,559 $493,248 $123,311
2018 $7,260 $604,471 $483,577 $120,894
2016 $7,026 $581,000 $464,800 $116,200
2015 $5,334 $438,940 $351,153 $87,787
2014 $5,357 $430,343 $344,275 $86,068
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 20-640888

The MLS

APN: 5440-027-012