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1483 Westerly Terrace, Los Angeles, CA 90026
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1483 Westerly Terrace Los Angeles, CA 90026

$2,088,000 Sold Price as of 05/13/2022
  • 4 Beds
  • 2 Baths
  • 2,321 Sq.Ft.
Sold
$2,088,000 Sold Price as of 05/13/2022 Refinance Your Mortgage
Map preview of 1483 Westerly Terrace, Los Angeles, CA 90026

Property Overview: 1483 Westerly Terrace Los Angeles, CA has 4 bedrooms, 2 bathrooms, 2,321 living square feet and 5,656 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Built in 1929, this stunning Spanish duplex will call to the emotions of an owner-user or investor alike. Each unit has character-filled details throughout and has been lovingly preserved and charm maintained. Situated proudly above the street with walls of greenery enveloping the property, both views and a true sense of privacy are noted. With a floorplan that mirrors each unit it allows for living and sleeping areas to consciously coexist. The upstairs owner's unit flows up from the ground floor and into a sun-filled living room with a private balcony and gorgeous fireplace with period tile. Two well-sized bedrooms with ample storage are separated by the spacious full bathroom. A vintage kitchen with streams of natural light leads out to your private deck overlooking the true star of the property, the backyard. Anchored by the Chinese elm tree and surrounded by lush and mature trees, plants and flowers, you'll want to take your time and smell the roses. Enjoy the carefully manicured landscape that transports you to a place of calm and beauty. Highlights include an expansive garage and driveway that allows for ample parking, newly refinished floors, laundry in both units, and updated systems. The location is mere blocks to the reservoir and Silver Lake favorites such as Alimento, L&E Oyster Bar, LAMill Coffee, Erewhon and the Public Library.

Listed by Jennifer Cahill | BRE #01980658 | Compass
Co-listed by Kurt Wisner | BRE #01431217 | Compass
Last checked: 11 minutes ago | Last updated: June 16th, 2022 | Source CRMLS | DOM: 7

Home details

Lot Sq. Ft
5,656
HOA Dues
$0/mo
Year built
1929
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
22148871
City
Los Angeles
County
Los Angeles
Time on Site
801 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: $2,695
  • Total Rent: $2,695
  • Pro Forma/Market Rent: $3,800
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $4,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 46.35
  • Gross Scheduled Income: --
  • Net Operating Income: $31,240
  • Gross Operating Income: $32,340
Annual Expense Breakdown
  • Total Operating Expense: --
  • Insurance: $800
  • Water/Sewer: $300

Property Details for 1483 Westerly Terrace

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central, Wall Furnace
Laundry Information
  • Has Laundry
  • Washer Included, Dryer Included
Room Information
  • Living Room
Kitchen Information
  • Has Appliances
  • Refrigerator
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Driveway, Garage
Property Information
  • Total # of Units: 2
  • Parcel Number: 5425009005
Location / Neighborhood
Location Information
  • Directions: On Westerly Terrace near Berkeley Ave.
View more facts & features

Local Los Angeles Agent

Sale History for 1483 Westerly Terrace

Last sold for $2,088,000 on May 13th, 2022

  • May, 2022

  • May 13, 2022

    Date

    Sold

    CRMLS: 22148871

    $2,088,000

    Price

  • Apr 21, 2022

    Date

    Active

    CRMLS: 22148871

    $1,499,000

    Price

  • May, 1996

  • May 31, 1996

    Date

    Sold (Public Records)

    Public Records

    $260,000

    Price

Show More

Tax History for 1483 Westerly Terrace

Assessed Value (2020): $402,790
Year Land Value Improved Value Assessed Value
2020 $136,702 $266,088 $402,790

Home Value Compared to the Market

This property vs the competition

1483 Westerly Terrace sold on May 13, 2022 for 32.65% higher than the current median sold price for the city of Los Angeles which is $1,130,000. The median sold price per/sqft for Los Angeles is $754 and this home is sold at $645.84 per/sqft which puts the price per square foot 14.34% lower than the current median sale per square foot for the city of Los Angeles.

About 1483 Westerly Terrace

Detailed summary of property

1483 Westerly Terrace is a multi family that recently sold in Los Angeles, CA 90026. This multi family property offered 4 bedrooms, 2 bathrooms, roughly 2,321 living square feet, and sits on an approximately 5,656 square foot lot. 1483 Westerly Terrace was first listed on ArdentRealEstateGroup.com on April 22, 2022. The homeowner sold the property for $2,088,000. Home in Los Angeles are selling for a median price of $1,130,000 and a median price per square foot of $754. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 32.65% higher than the current median priced home. Local homes that are currently for sale include 1699 Morton Ave, 130 S Coronado St and 4520 Willow Brook Ave. While the average home in Los Angeles, CA is selling in 99 days, 1483 Westerly Terrace has a days on market of 7 days. There are currently 3982 homes for sale in the Los Angeles real estate market and 2673 of them are single family homes while 1195 of them are condos and 107 are townhomes. For more information on this home for sale at 1483 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 1483 Westerly Terrace

Public county record property details
Beds
4
Baths
2
Year built
1929
Sq. Ft.
2,321
Lot Size
5,633
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
288
APN
5425-009-005

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.
$820
Median Sold Price
$1,540,000
Median Sold Price/Sq.Ft.
$1,098
Total Inventory
72
Median Sale to List Price %
110.39%
Avg Days on Market
23
Loan Type
Conventional (18.18%), FHA (0%), VA (0%), Cash (9.09%), Other (18.18%)

Thinking of Selling?

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Thinking of Selling?
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(714) 706-1823

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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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