$1,105,000 - $1,276,000
RENTED JAN 6, 2025

408 N La Fayette Park Place Los Angeles, CA 90026

Westlake Neighborhood
3 Beds
2 Baths
1,394 Sq Ft
$868 Price per Sq Ft

Last Sold September 04, 2024

Last sale price $1,200,000 $861 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $7,627/month

Highlights

  • Breakfast Area or Nook
  • Tile Flooring
  • 1-Story Property

About This Home

As of January 2025

3 months, 6 months, and 12 months lease available!!! Welcome to an exceptional opportunity on the edge of Silver Lake! This fullyupgraded house offers spacious 3 bedrooms, 2 bathrooms, high ceilings, and an open concept layout creating a bright and expansive feel throughout. Comes with WASHER and DRYER,private parking,and a spacious backyard areasurrounded by beautiful trees and landscaping. Thishouse sits on a beautiful quiet street andoffers easy access to vibrant city life, beautiful parks, and a variety of dining and entertainment options.

Last Agent to Rent the Property

Laura Meldere

Beverly and Company, Inc. License #01963657 Listed on: 09/06/2024

Beverly and Company, Inc.

Last Renter's Agent

Laura Meldere

Beverly and Company, Inc. License #01963657 Listed on: 09/06/2024

Beverly and Company, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,592

Year Built

  • Built in 1922

Lot Details

  • 6,244 Sq Ft Lot
  • Property is zoned LARD2

Interior Spaces

  • 1,394 Sq Ft Home
  • 1-Story Property

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • Driveway

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Mounted To A Wall or Window

Listing and Financial Details

  • Security Deposit $3,950
  • $9,250 Move-In Fee
  • Tenant pays for electricity, gas, water
  • Rent includes gardener
  • Negotiable Lease Term
  • Assessor Parcel Number 5156-025-008

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,592

Year Built

Built in 1922

Lot Details

0

Rental Info

  • Credit Report Paid By: Tenant
  • Credit Report Required: Yes
  • Rent Includes: Gardener
  • Security Deposit: 3950
  • Tenant Pays: Electricity, Gas, Water
  • Total Move In Costs: 9250.00

Listing Details

  • Property Type: Residential Lease
  • Single Family Or Apt: Single Family
  • Levels: One
  • Street Number Display: Yes
  • Lease Terms: Negotiable
  • Living Area: 1394
  • Lot Acreage: 0.1433
  • Monthto Month: No
  • Year Built: 1922
  • Number Of Photos: 34
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Flooring: Laminate, Tile
  • Bedrooms: 3
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: In Unit
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Dishwasher, Microwave, Refrigerator, Range/Oven, Washer, Dryer
  • Price Per S Q F T: 2.83

Exterior Features

  • Pool: No
  • View: No

Garage/Parking

  • Parking Garage: Driveway
  • Total Parking: 1

Utilities

  • Cooling: Wall Unit(s)
  • Heating: Wall

Association/Amenities

  • Pet Rules: Call

Lot Info

  • Assessor Parcel Number: 5156-025-008
  • Lot Size Area: 6244

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2024
Closed on
Jul 19, 2024
Sold by
Hedlund Family Trust and Mcelroy Greg R
Bought by
David Fertik Revocable Trust and Fertik
Seller's Agent
Colt Maloney
Figure 8 Realty
Buyer's Agent
Laura Meldere
Beverly and Company, Inc.
List Price
$1,250,000
Sold Price
$1,200,000
Premium/Discount to List
-$50,000
-4%
Views
20
Current Estimated Value
$1,186,069

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$13,931
Avg. Annual Appreciation
-1.42%
Original Mortgage
$450,000
Interest Rate
6.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 30, 2017
Sold by
Hedlund John M and Hedlund Sonja E
Bought by
Hedlund John and Hedlund Sonja

Purchase Details

Listed on
Jun 9, 2017
Closed on
Jun 16, 2017
Sold by
Rinan Llc
Bought by
Hedlund John M and Hedlund Sonja E
Seller's Agent
Matthew Seeley
Compass
Buyer's Agent
Colt Maloney
Figure 8 Realty
List Price
$999,000
Sold Price
$990,000
Premium/Discount to List
-$9,000
-0.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.26%
Original Mortgage
$742,500
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 25, 2012
Sold by
Rinan Llc
Bought by
Rinan Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,000
Interest Rate
3.79%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Aug 19, 2011
Closed on
Feb 17, 2012
Sold by
Compass Bank
Bought by
Rinan Llc
Seller's Agent
Kevin Gioia
Soldbot
Buyer's Agent
Kevin Gioia
Soldbot
List Price
$399,900
Sold Price
$219,000
Premium/Discount to List
-$180,900
-45.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.34%

Purchase Details

Closed on
Mar 22, 2010
Sold by
Dizon Liwanag B
Bought by
Nationstar Mortgage Llc
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
David Fertik Revocable Trust $1,200,000 Lawyers Title
Hedlund John -- None Available
Hedlund John M $990,000 Fidelity National Title Co
Rinan Llc -- Fidelity National Title Co
Rinan Llc $219,000 First American Title Company
Nationstar Mortgage Llc $241,677 Accommodation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner David Fertik Revocable Trust $450,000
Previous Owner Hedlund John M $742,500
Previous Owner Rinan Llc $1,950,000
Previous Owner Rinan Llc $203,000
Previous Owner Dizon Liwanag B $100,000
Previous Owner Dizon Liwanag B $270,000
Previous Owner Dizon Liwanag B $100,001
Previous Owner Dizon Liwanag B $178,703
Previous Owner Dizon Liwanag B $26,400
Previous Owner Dizon Liwanag B $181,177
Previous Owner Dizon Liwanag B $100,368
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/06/2025 01/06/25 Rented $3,950 0.0% --
12/28/2024 12/28/24 Under Contract -- -- --
11/19/2024 11/19/24 Price Changed $3,950 -2.5% $3 / Sq Ft
11/11/2024 11/11/24 Price Changed $4,050 -4.7% $3 / Sq Ft
10/31/2024 10/31/24 Price Changed $4,250 +54.5% $3 / Sq Ft
10/23/2024 10/23/24 Rented $2,750 -38.5% --
10/08/2024 10/08/24 Price Changed $4,475 +62.7% $3 / Sq Ft
10/08/2024 10/08/24 For Rent $2,750 -39.9% --
09/30/2024 09/30/24 Price Changed $4,575 -1.1% $3 / Sq Ft
09/06/2024 09/06/24 For Rent $4,625 0.0% --
09/04/2024 09/04/24 Sold $1,200,000 0.0% $738 / Sq Ft
09/04/2024 09/04/24 Sold $1,200,000 -4.0% $738 / Sq Ft
07/16/2024 07/16/24 Pending -- -- --
07/16/2024 07/16/24 Pending -- -- --
06/24/2024 06/24/24 For Sale $1,250,000 0.0% $769 / Sq Ft
06/24/2024 06/24/24 For Sale $1,250,000 +26.3% $769 / Sq Ft
08/09/2017 08/09/17 Sold $990,000 -0.9% $508 / Sq Ft
06/09/2017 06/09/17 For Sale $999,000 +356.2% $512 / Sq Ft
02/22/2012 02/22/12 Sold $219,000 -45.2% $158 / Sq Ft
02/03/2012 02/03/12 Pending -- -- --
08/19/2011 08/19/11 For Sale $399,900 -- $289 / 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 $13,592 $1,200,000 $720,000 $480,000
2024 $13,592 $1,104,361 $669,310 $435,051
2023 $13,333 $1,082,708 $656,187 $426,521
2022 $12,718 $1,061,479 $643,321 $418,158
2021 $12,563 $1,040,666 $630,707 $409,959
2020 $12,692 $1,029,996 $624,240 $405,756
2019 $12,189 $1,009,800 $612,000 $397,800
2018 $12,067 $990,000 $600,000 $390,000
2017 $3,054 $237,011 $189,394 $47,617
2016 $2,975 $232,365 $185,681 $46,684
2015 $2,934 $228,875 $182,892 $45,983
2014 $2,958 $224,393 $179,310 $45,083
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 24-437035

The MLS

APN: 5156-025-008