NOT LISTED FOR SALE

2635 Adelbert Ave Los Angeles, CA 90039

Silver Lake Neighborhood

Estimated Value: $1,867,709 - $2,494,000

0.05 Acre
$46,558,540 Price per Acre
2,465 Sq Ft Lot

Last Sold June 03, 2019

Last sale price $300,000

Est. 676% increase in value since last sale

Current estimated payment $13,030/month

62 Days on Market

About This Lot

As of June 2019

BUILDING PERMITS APPROVED! Build your custom 2,600 sqft hillside dream home with stunning views on one of the last buildable lots in desirable Silver Lake. Walking distance to the Lake Reservoir, WHOLE FOODS Market & all the shopping, dining & entertainment neighborhood has to offer. Lot is situated in park-like setting on quiet cul-de-sac with unobstructed views & miles of hiking trails. Parcel sits just above historic Corralitas Rail Path Property (a modern hiker's paradise) & comes complete with city approved Floor Plans for a spacious 3bd, 4ba + 2-car garage architectural residence - w/Permits already pulled & paid for! Previous house on property burned down. Sewer line is still there. Electric pole at the property line. Start building at Close of Escrow. Private rooftop terrace, sweeping views of valley below, short walk to town connects you to the eclectic charms of this neighborhood. Live the iconic SilverLake lifestyle in one of LA's fastest growing neighborhood. WELCOME HOME!

Last Agent to Sell the Property

Tam Nguyen

Rodeo Realty License #01383014 Listed on: 01/05/2019

Rodeo Realty

Last Buyer's Agent

Tam Nguyen

Rodeo Realty License #01383014 Listed on: 01/05/2019

Rodeo Realty

Property Details

Property Type

  • Land

Lot Details

  • 2,465 Sq Ft Lot
  • Property is zoned LAR2

Property Views

  • City
  • Trees
  • Hills

Listing and Financial Details

  • Assessor Parcel Number 5438-011-004

Property Details

Property Type

Land

Lot Details

2,465 Sq Ft Lot

Listing Details

  • Property Type: Land
  • Street Number Display: Yes
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: City, Hills, Tree Top
  • View: Yes

Utilities

  • Cable: No
  • Telephone: No

Lot Info

  • Assessor Parcel Number: 5438-011-004
  • Geocode Override: No
  • Lot Size Area: 2465

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 5, 2019
Closed on
May 30, 2019
Sold by
Yakub Fazie
Bought by
Yakub Ahmad M
Seller's Agent
Tam Nguyen
Rodeo Realty
Buyer's Agent
Tam Nguyen
Rodeo Realty
List Price
$345,000
Sold Price
$300,000
Premium/Discount to List
-$45,000
-13.04%
Current Estimated Value
$2,327,927

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,027,927
Avg. Annual Appreciation
35.65%

Purchase Details

Closed on
Mar 25, 2019
Sold by
Yakovchik Michael
Bought by
Yakub Ahmad M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
4.1%
Mortgage Type
Construction

Purchase Details

Listed on
Jul 20, 2015
Closed on
Nov 6, 2015
Sold by
Shimonov Aidan Lee
Bought by
Yakovchik Michael
Seller's Agent
Lynn Shepodd
Sotheby's International Realty
Buyer's Agent
Lynn Shepodd
Sotheby's International Realty
List Price
$98,000
Sold Price
$40,000
Premium/Discount to List
-$58,000
-59.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
48.49%

Purchase Details

Listed on
Nov 28, 2012
Closed on
Apr 8, 2013
Sold by
Copilow Barry L
Bought by
Shimonov Aidan Lee
Seller's Agent
Lynn Shepodd
Sotheby's International Realty
Buyer's Agent
Lynn Shepodd
Sotheby's International Realty
List Price
$59,000
Sold Price
$34,000
Premium/Discount to List
-$25,000
-42.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.50%

Purchase Details

Closed on
May 16, 2000
Sold by
Cloud Robert K Tr Robert K Cloud Trust
Bought by
Copilow Barry L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Yakub Ahmad M -- Progressive Title
Yakub Ahmad M $300,000 Progressive Title
Yakovchik Michael $40,000 Lawyers Title
Shimonov Aidan Lee $34,000 Lawyers Title Company
Copilow Barry L $12,000 Equity Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Yakub Ahmad M $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/03/2019 06/03/19 Sold $300,000 -24.1% --
03/08/2019 03/08/19 Pending -- -- --
01/23/2019 01/23/19 Price Changed $395,000 +14.5% --
01/05/2019 01/05/19 For Sale $345,000 +762.5% --
11/13/2015 11/13/15 Sold $40,000 -59.2% -- View Prior Sale
10/28/2015 10/28/15 Pending -- -- --
07/20/2015 07/20/15 For Sale $98,000 +188.2% --
04/15/2013 04/15/13 Sold $34,000 -42.4% -- View Prior Sale
04/03/2013 04/03/13 Pending -- -- --
11/28/2012 11/28/12 For Sale $59,000 -- --
Source: The MLS

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 $12,440 $1,036,524 $377,951 $658,573
2024 $12,440 $1,016,201 $370,541 $645,660
2023 $11,234 $933,276 $363,276 $570,000
2022 $4,169 $356,153 $356,153 $0
2021 $4,121 $309,170 $309,170 $0
2019 $514 $42,448 $42,448 $0
2018 $514 $41,616 $41,616 $0
2016 $489 $40,000 $40,000 $0
2015 $427 $34,836 $34,836 $0
2014 $429 $34,154 $34,154 $0
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2019

    Tam Nguyen

    Rodeo Realty

    Section Image
  • Lynn Shepodd

    Seller's Agent in 2015

    Lynn Shepodd

    Sotheby's International Realty

    (323) 301-6331

    6 Total Sales

    Lynn Shepodd
    Section Image

  • A

    Seller Co-Listing Agent in 2015

    Ann M. Saucier

    Sotheby's International Realty

    Section Image
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Map

Source: The MLS

MLS Number: 19-419914

The MLS

APN: 5438-011-004

California Los Angeles County Los Angeles 90039 Silver Lake

2635 Adelbert Ave, Los Angeles, CA

Not Listed for Sale

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