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1432 Westerly Terrace, Los Angeles, CA 90026
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1432 Westerly Terrace Los Angeles, CA 90026

$1,130,000 Sold Price as of 11/23/2021
  • 4 Beds
  • 2 Baths
  • 1,788 Sq.Ft.
Sold
$1,130,000 Sold Price as of 11/23/2021 Refinance Your Mortgage
Map preview of 1432 Westerly Terrace, Los Angeles, CA 90026

Property Overview: 1432 Westerly Terrace Los Angeles, CA has 4 bedrooms, 2 bathrooms, 1,788 living square feet and 5,000 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Charming Spanish Duplex is a true house of dreams right down to the white picket fence. Perfect Silver Lake location, nestled right between Sunset Blvd and the Silver Lake Reservoir walking path, green space, and dog park. Enjoy neighborhood amenities too numerous to list: LAMILL, Botanica, L&E Oyster Bar, Alimento, Yakuza Sushi, Silver Lake Farmers Market, Whole Foods, Erewhon, Trader Joes, Intelligentsia, La Colombe, Bacari, and on and on. Upper level is light and bright, layout flows naturally from living room with hardwood floors and faux fireplace to updated kitchen with tucked away laundry space. Bedrooms on either side of full bath have green tree views. Top it off with a quaint front yard, spacious garage and driveway parking. Lower unit has hardwood floors and French windows in living room, spacious eat-in kitchen and laundry space. One bedroom has private entrance and walk-in closet while the other feels quiet and secluded. Full bath has cute built-in and retiled shower surround. Large backyard is begging for cultivation and additional structure needs TLC to become studio / office or maybe even an ADU. So Westerly waiting for, make it yours!

Listed by Joel Nass | BRE #01954931 | Clint Lukens Realty
Last checked: 1 minute ago | Last updated: June 14th, 2023 | Source CRMLS | DOM: 18

Home details

Lot Sq. Ft
5,000
HOA Dues
$0/mo
Year built
1925
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
21781238
City
Los Angeles
County
Los Angeles
Time on Site
1028 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,216
  • Total Rent: $2,216
  • Pro Forma/Market Rent: $3,750
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,200
  • Total Rent: $2,200
  • Pro Forma/Market Rent: $3,950
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 3.11%
  • Gross Rent Multiplier: 20.66
  • Gross Scheduled Income: --
  • Net Operating Income: $34,327
  • Gross Operating Income: $51,402
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 1432 Westerly Terrace

Interior Features
Cooling Information
  • No Cooling
  • None
Room Information
  • Flooring: Tile, Wood
  • Living Room
Exterior Features
Exterior Information
  • Other Structures: Shed(s)
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 2
  • Has Parking
  • Parking Features: Driveway, Garage
Property Information
  • Has View
  • View: Park/Greenbelt
  • Total # of Units: 2
  • Parcel Number: 5425020018
  • Architectural Style: Spanish
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Location / Neighborhood
Location Information
  • Directions: Eastside of Westerly Tr between Sunset and and Berkeley
View more facts & features

Local Los Angeles Agent

Sale History for 1432 Westerly Terrace

Last sold for $1,130,000 on November 23rd, 2021

  • September, 2021

  • Sep 26, 2021

    Date

    Active Under Contract

    CRMLS: 21781238

    $1,095,000

    Price

  • Sep 8, 2021

    Date

    Active

    CRMLS: 21781238

    $1,095,000

    Price

Tax History for 1432 Westerly Terrace

Assessed Value (2020): $61,136
Year Land Value Improved Value Assessed Value
2020 $31,799 $29,337 $61,136

Home Value Compared to the Market

This property vs the competition

1432 Westerly Terrace sold on November 23, 2021 for 14.05% lower than the current median sold price for the city of Los Angeles which is $1,274,000. The median sold price per/sqft for Los Angeles is $791 and this home is sold at $612.42 per/sqft which puts the price per square foot 22.58% lower than the current median sale per square foot for the city of Los Angeles.

About 1432 Westerly Terrace

Detailed summary of property

1432 Westerly Terrace is a multi family that recently sold in Los Angeles, CA 90026. This multi family property offered 4 bedrooms, 2 bathrooms, roughly 1,788 living square feet, and sits on an approximately 5,000 square foot lot. 1432 Westerly Terrace was first listed on ArdentRealEstateGroup.com on September 8, 2021. The homeowner sold the property for $1,130,000. Home in Los Angeles are selling for a median price of $1,274,000 and a median price per square foot of $791. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 14.05% lower than the current median priced home. Local homes that are currently for sale include 250 N Alvarado St, 313 N Westlake Ave and 1804 Echo Park Ave. While the average home in Los Angeles, CA is selling in 100 days, 1432 Westerly Terrace has a days on market of 18 days. There are currently 3938 homes for sale in the Los Angeles real estate market and 2648 of them are single family homes while 1176 of them are condos and 106 are townhomes. For more information on this home for sale at 1432 Westerly Terrace Los Angeles, CA 90026 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1432 Westerly Terrace

Public county record property details
Beds
2
Baths
2
Year built
1925
Sq. Ft.
1,462
Lot Size
5,000
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
69
APN
5425-020-018

The source for these homes facts are from public records.

90026 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,199,000
Median List Price/Sq.Ft.
$832
Median Sold Price
$1,796,500
Median Sold Price/Sq.Ft.
$802
Total Inventory
69
Median Sale to List Price %
112.99%
Avg Days on Market
18
Loan Type
Conventional (17.65%), FHA (0%), VA (0%), Cash (11.76%), Other (0%)

Thinking of Selling?

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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