NOT LISTED FOR SALE

Estimated Value: $1,920,000 - $2,560,000

6 Beds
4 Baths
3,060 Sq Ft
$752/Sq Ft Est. Value

Last Sold September 15, 2022

Last sale price $2,375,000 $776 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $14,572/month

13 Days on Market

Highlights

  • Heated Spa
  • Primary Bedroom Suite
  • Traditional Architecture
  • Ivanhoe Elementary Rated A-
  • Open Floorplan
  • Wood Flooring

About This Home

As of September 2022

Just moments from the reservoir, nightlife, shops and in the Ivanhoe Elementary zone, this Silver Lake Triplex is highly upgraded, well maintained and will always be a bread and butter investment. Consisting of four separate structures, the appx. 11,000sf lot compound includes a front 2-story duplex with 2 bedroom + 1 bathroom apartments, complete with vintage inspired kitchen and baths, laundry rooms, hardwood floors, newly installed HVAC, and covered parking adjacent to the units. The entire rear of the site, private and gated, encompasses a large, stand-alone one-story bungalow, handsomely remodeled with an open floor plan, crisp finishes, designer lighting, hardwood floors, updated kitchen with high end appliances, central HVAC, 2 hotel-like baths, and 2 spacious bedrooms. All this with multiple patios, fire pit, cedar hot tub and garden areas providing single family home ambiance. Completing the rear of the property is a large garage with 4 parking spaces (one currently finished as an office), a prime spot for a large ADU and yet more separate garden/patio areas (check with city regarding conversion rules).

Last Agent to Sell the Property

Peter Maurice

Rodeo Realty License #01129738 Listed on: 07/18/2022

Rodeo Realty

Co-Listed By

Tregg Rustad

Rodeo Realty License #01349144

Last Buyer's Agent

Anselm Clinard

Compass License #01872344

Compass

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1937 | Remodeled

Lot Details

  • 0.25 Acre Lot
  • Fenced
  • Sprinkler System
  • Front Yard

Parking

  • 2 Open Parking Spaces
  • 3 Car Garage
  • 3 Carport Spaces
  • Parking Garage Space

Home Design

  • Traditional Architecture
  • Split Level Home
  • Turnkey
  • Flat Roof Shape
  • Raised Foundation
  • Asphalt Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 3,060 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Recessed Lighting
  • Decorative Fireplace
  • Drapes & Rods
  • French Doors
  • Living Room with Attached Deck
  • Dining Room

Kitchen

  • Breakfast Area or Nook
  • Open to Family Room
  • Oven or Range
  • Range with Range Hood
  • Dishwasher
  • Tile Countertops
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary Bedroom Suite
  • 4 Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • Heated Spa
  • Covered Patio or Porch
  • Rain Gutters

Location

  • City Lot

Utilities

  • Central Heating and Cooling System
  • Cooling System Mounted In Outer Wall Opening
  • Heating System Mounted To A Wall or Window
  • Multi-Tank Gas Water Heater
  • Sewer in Street

Listing and Financial Details

  • Tenant pays for gas, electricity, cable TV, trash collection
  • The owner pays for water, gardener
  • Assessor Parcel Number 5439-025-003

Community Details

Overview

  • 3 Buildings
  • 3 Units

Additional Features

  • Community Mailbox
  • Rent Control

Property Details

Home Type

Multi-Family

Year Built

Built in 1937 | Remodeled

Lot Details

0.25 Acres

Parking

3

Listing Details

  • Property Type: Residential Income
  • Style: Traditional
  • Levels: Multi/Split
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Alley: No
  • Entry Location: Main Level
  • Living Area: 3060
  • Lot Acreage: 0.2535
  • Probate: No
  • Property Condition: Updated/Remodeled
  • Stories: 2
  • Year Built: 1937
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Open Floor Plan, Turnkey, Recessed Lighting
  • Number Carpet: 1
  • Number Dishwasher: 3
  • Number Disposal: 3
  • Fireplace Rooms: Decorative
  • Flooring: Carpet, Hardwood
  • Appliances: Gas, Range Hood, Range
  • Bedrooms: 6
  • Bedroom Features: Master Suite
  • Common Walls: Attached
  • Bathroom Features: Shower and Tub
  • Kitchen Features: Open to Family Room, Remodeled, Tile Counters
  • Laundry: In Unit
  • Total Bathrooms: 4.00
  • Equipment: Dishwasher, Dryer, Washer, Range/Oven, Refrigerator, Ceiling Fan, Garbage Disposal
  • Price Per S Q F T: 782.68
  • Windows: Drapes/Curtains

Exterior Features

  • Construction: Stucco, Wood Siding
  • Other Features: French Doors, Rain Gutters, Two On A Lot
  • Other Structures: Accessory Bldgs
  • Tennis Court Y/N: No
  • Foundation Details: Raised
  • Number Patio: 1
  • Patio: Living Room Deck Attached
  • Paved: Yes
  • Pool: No
  • Roof: Asphalt, Flat
  • Spa: Private, Heated
  • Spa Yn: Yes
  • View: No

Garage/Parking

  • Carport Spaces: 3
  • Garage Spaces: 3
  • Other Spaces: 2
  • Covered Parking: 6
  • Garage Structures: 2
  • Number Rented Garages: 0
  • Parking Garage: Carport, Community Garage
  • Total Parking: 8

Utilities

  • Water Heater: Multi-Tank, Gas
  • Cooling: Air Conditioning, Wall Unit(s), Central
  • Heating: Central, Wall
  • Number Electric Meters: 3
  • Number Gas Meters: 3
  • Number Water Meters: 0
  • Sewer: In Street
  • Water: In Street
  • Water Heaters: Yes

Association/Amenities

  • Community Features: Community Mailbox

Lot Info

  • Sprinklers: Sprinkler System
  • Assessed Improvement Percent: 32.99
  • Assessed Improvement Value: 686209
  • Assessed Land Percent: 67.01
  • Assessed Land Value: 1393862
  • Total Assessed Value: 2080071
  • Assessor Parcel Number: 5439-025-003
  • Lot Description: Fenced, Yard, Gutters, Front Yard
  • Lot Location: City
  • Lot Size Area: 11041

Rental Info

  • Number Leased: 3
  • Owner Pays: Water, Gardener
  • Rent Control: Yes
  • Tenant Pays: Gas, Electricity, Cable TV, Trash Collection

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 19.02
  • Number Of Units: 3
  • Number Wall A C: 3
  • Rent Control: 100
  • Type Of Units: 2 Unit + hse

MLS Schools

  • School District: Los Angeles Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2022
Closed on
Aug 2, 2022
Sold by
Victoria Metzger
Bought by
12761-67-70 Pacific Properties Llc
Seller's Agent
Peter Maurice
Rodeo Realty
Buyer's Agent
Anselm Clinard
Compass
List Price
$2,395,000
Sold Price
$2,375,000
Premium/Discount to List
-$20,000
-0.84%
Views
6
Current Estimated Value
$2,300,059

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$74,941
Avg. Annual Appreciation
-0.91%
Original Mortgage
$1,425,000
Outstanding Balance
$1,344,948
Interest Rate
4.05%
Mortgage Type
New Conventional
Estimated Equity
$955,111

Purchase Details

Listed on
Aug 10, 2016
Closed on
Oct 21, 2016
Sold by
Millsap Kyle Jeffrey
Bought by
Metzger Victoria
Seller's Agent
Jarrod Roback
Premier Realty Associates
Buyer's Agent
Peter Maurice
Rodeo Realty
List Price
$1,980,000
Sold Price
$1,980,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.15%
Original Mortgage
$1,315,000
Interest Rate
3.66%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Aug 10, 2016
Closed on
Sep 26, 2016
Sold by
Cherpas John P
Bought by
Metzger Victoria
Seller's Agent
Jarrod Roback
Premier Realty Associates
Buyer's Agent
Peter Maurice
Rodeo Realty
List Price
$1,980,000
Sold Price
$1,980,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,315,000
Interest Rate
3.66%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 21, 2005
Sold by
Folkins Jephrey A and Emmons Anastasia A V
Bought by
Cherpas John P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,100
Interest Rate
6.31%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Aug 24, 2004
Sold by
Wingler John T
Bought by
Folkins Jephrey A and Emmons Anastasia A V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$637,000
Interest Rate
5.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 8, 1999
Sold by
Midgley Edward R Living Trust
Bought by
Wingler John T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$286,000
Interest Rate
3.35%

Purchase Details

Closed on
Aug 28, 1995
Sold by
Midgley Edward R
Bought by
Midgley Edward R and Edward R Midgley Living Trust

Purchase Details

Closed on
Apr 5, 1994
Sold by
Midgley Mary Louise
Bought by
Midgley Edward R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,000
Interest Rate
4.25%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
12761-67-70 Pacific Properties Llc $2,375,000 Equity Title
Metzger Victoria -- Chicago Title
Metzger Victoria $1,940,000 Chicago Title
Cherpas John P $1,111,000 Southland Title
Folkins Jephrey A $910,000 Southland Title Company
Wingler John T $357,500 Equity Title Company
Midgley Edward R -- --
Midgley Edward R -- Southern California Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 12761-67-70 Pacific Properties Llc $1,425,000
Previous Owner Metzger Victoria $1,315,000
Previous Owner Cherpas John P $111,100
Previous Owner Folkins Jephrey A $637,000
Previous Owner Wingler John T $286,000
Previous Owner Midgley Edward R $82,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/15/2022 09/15/22 Sold $2,375,000 -0.8% $776 / Sq Ft
07/31/2022 07/31/22 Pending -- -- --
07/18/2022 07/18/22 For Sale $2,395,000 +21.0% $783 / Sq Ft
11/04/2016 11/04/16 Sold $1,980,000 0.0% $647 / Sq Ft View Prior Sale
09/14/2016 09/14/16 Pending -- -- --
08/10/2016 08/10/16 For Sale $1,980,000 -- $647 / Sq Ft
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 $29,677 $2,470,950 $1,768,680 $702,270
2024 $29,677 $2,422,500 $1,734,000 $688,500
2023 $29,101 $2,375,000 $1,700,000 $675,000
2022 $25,336 $2,121,672 $1,421,739 $699,933
2021 $25,029 $2,080,071 $1,393,862 $686,209
2020 $25,287 $2,058,743 $1,379,570 $679,173
2019 $24,281 $2,018,376 $1,352,520 $665,856
2018 $24,102 $1,978,800 $1,326,000 $652,800
2016 $15,671 $1,282,540 $923,523 $359,017
2015 $15,047 $1,230,000 $885,700 $344,300
2014 $14,669 $1,170,000 $842,500 $327,500
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: The MLS

MLS Number: 22-180033

The MLS

APN: 5439-025-003

Your Personal Tour Guide

Ask me questions while you tour the home.