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1542 Westerly Terrace, Los Angeles, CA 90026
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1542 Westerly Terrace Los Angeles, CA 90026

$952,000 Sold Price as of 06/24/2021
  • 2 Beds
  • 2 Baths
  • 1,295 Sq.Ft.
Sold
$952,000 Sold Price as of 06/24/2021 Refinance Your Mortgage
Map preview of 1542 Westerly Terrace, Los Angeles, CA 90026

Property Overview: 1542 Westerly Terrace Los Angeles, CA has 2 bedrooms, 2 bathrooms, 1,295 living square feet and 2,148 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: CALLING ALL INVESTORS/CONTRACTORS! Great investment or Owner-user opportunity with this Lovely Spanish duplex fixer circa 1926 in prime Silver Lake. Property address is 1542-1544 Westerly Terr. Potential Galore. Both units are 1BR/1BA. Upstairs unit features arched ceilings and windows, Hardwood floors, sun room/office, upgraded kitchen and a bonus room/studio. Lots of natural light flows through. Nice treetop views. Lower unit features Hardwood floors, upgraded kitchen and bathroom, expansive east facing patio with peaceful ambiance and nice view. Walking distance to the Dog Park/Reservoir/meadows, trendy eateries & shops, Sunset Junction + more. Laundry/storage room with New Washer & Dryer. NEEDS WORK. Downstairs unit is now vacant. Upstrs. Tenant could likely vacate before C/E. Please Do Not Disturb occupant nor walk on the property.

Listed by Roberta Barrera | BRE #00773906 | Robar & Associates
Last checked: 9 seconds ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 10

Home details

Lot Sq. Ft
2,148
HOA Dues
$0/mo
Year built
1926
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
21726302
City
Los Angeles
County
Los Angeles
Time on Site
1145 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,835
  • Total Rent: $1,835
  • Pro Forma/Market Rent: $2,800
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $1,800
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 0
  • Gross Scheduled Income: --
  • Net Operating Income: $0
  • Gross Operating Income: $22,020
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 1542 Westerly Terrace

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Floor Furnace
Laundry Information
  • Has Laundry
  • Inside, Individual Room
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Wood, Tile
  • Sun, Living Room, Workshop, Bonus Room
Kitchen Information
  • Has Appliances
  • Disposal, Microwave, Oven
Interior Features
  • Storage
  • Levels: Two
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
Exterior Features
Exterior Information
  • No Spa
  • Spa Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Driveway
Lot Information
  • Lot Size Source: Assessor
Property Information
  • Has View
  • View: Peek-A-Boo
  • Total # of Units: 2
  • Parcel Number: 5425018019
  • Architectural Style: Spanish
  • Foundation Details: Block, Concrete Perimeter
  • Property Condition: Repairs Major
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Sewer Paid
Location / Neighborhood
Location Information
  • Directions: Silver Lake Blvd. to Berkeley, Rt. on Westerly Terr. Property address shows 1544 Westerly Terr.
View more facts & features

Local Los Angeles Agent

Sale History for 1542 Westerly Terrace

Last sold for $952,000 on June 24th, 2021

  • June, 2021

  • Jun 26, 2021

    Date

    Sold

    CRMLS: 21726302

    $952,000

    Price

  • May 13, 2021

    Date

    Active Under Contract

    CRMLS: 21726302

    $915,000

    Price

  • May 2, 2021

    Date

    Active

    CRMLS: 21726302

    $915,000

    Price

  • May, 2021

  • May 2, 2021

    Date

    Canceled

    CRMLS: 21692938

    $1,015,000

    Price

  • Apr 30, 2021

    Date

    Hold

    CRMLS: 21692938

    $1,015,000

    Price

  • Mar 30, 2021

    Date

    Active Under Contract

    CRMLS: 21692938

    $1,015,000

    Price

  • Mar 15, 2021

    Date

    Active

    CRMLS: 21692938

    $1,015,000

    Price

  • Mar 15, 2021

    Date

    Active Under Contract

    CRMLS: 21692938

    $1,015,000

    Price

  • Feb 22, 2021

    Date

    Active

    CRMLS: 21692938

    $1,015,000

    Price

  • Feb 17, 2021

    Date

    Coming Soon

    CRMLS: 21692938

    $1,015,000

    Price

  • Listing provided courtesy of CRMLS

    Beautiful Spanish duplex circa 1926 in prime Silver Lake. Property address is 1542-1544 Westerly Terr. Great investment or Owner-user opportunity. Both units are 1BR/1BA. Upstairs unit features arched ceilings and windows, Hardwood floors, sun room/office, upgraded kitchen and a bonus room/studio. Lots of natural light flows through. Nice treetop views. Lower unit features Hardwood floors, upgraded kitchen and bathroom, expansive east facing patio with peaceful ambiance and nice view. Walking distance to the Dog Park/Reservoir/meadows, trendy eateries & shops, Sunset Junction + more. First time on market in 30 years. Laundry/storage room with New Washer & Dryer. Downstairs unit is now vacant. Please Do Not Disturb occupant nor walk on the property.

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Tax History for 1542 Westerly Terrace

Assessed Value (2020): $412,964
Year Land Value Improved Value Assessed Value
2020 $336,440 $76,524 $412,964

Home Value Compared to the Market

This property vs the competition

1542 Westerly Terrace sold on June 24, 2021 for 19.03% lower 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 $706.56 per/sqft which puts the price per square foot 6.29% lower than the current median sale per square foot for the city of Los Angeles.

About 1542 Westerly Terrace

Detailed summary of property

1542 Westerly Terrace is a multi family that recently sold in Los Angeles, CA 90026. This multi family property offered 2 bedrooms, 2 bathrooms, roughly 1,295 living square feet, and sits on an approximately 2,148 square foot lot. 1542 Westerly Terrace was first listed on ArdentRealEstateGroup.com on May 13, 2021. The homeowner sold the property for $952,000. 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 19.03% lower than the current median priced home. Local homes that are currently for sale include 313 S Burlington Ave, 4307 Clinton St and 2803 Denby Ave. While the average home in Los Angeles, CA is selling in 99 days, 1542 Westerly Terrace has a days on market of 10 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 1542 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 1542 Westerly Terrace

Public county record property details
Beds
2
Baths
2
Year built
1926
Sq. Ft.
1,295
Lot Size
2,148
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
228
APN
5425-018-019

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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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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