1616 Silverwood Terrace, Los Angeles, CA 90026
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1616 Silverwood Terrace Los Angeles, CA 90026

$6,495 Leased Price as of 11/11/2021
  • 2 Beds
  • 1.5 Baths
  • 1,605 Sq.Ft.
Leased
$6,495 Leased Price as of 11/11/2021 Refinance Your Mortgage

Map preview of 1616 Silverwood Terrace, Los Angeles, CA 90026

Property Overview: 1616 Silverwood Terrace Los Angeles, CA has 2 bedrooms, 1.5 bathrooms, 1,605 living square feet and 5,165 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Enjoy the peaceful retreat of Silver Lake hills living in this 2 bedroom / 1.5 bathroom view home. A large living room and additional den offer ample usable space and period built-ins and closets help keep everything organized. A separate building in the backyard features a soundproofed and acoustically tuned recording studio with a track record of dozens of hit records. This adds 400 square feet bringing the total usable square footage to over 2000. The studio is perfect for those in Music, T.V., Film, and Media or makes a comfortable home office, gym, or guest space for just about anyone. The home features artistic elements in every room and views of the Silver Lake hills. An oversized two-car garage is large enough for two vehicles plus it has large storage shelves built-in. The gated backyard has a custom-made playhouse for fun with little ones. This home is available immediately.

Listed by Jeffrey Ehrenberg | BRE #02104717 | eXp Realty of California Inc
Last checked: 11 minutes ago | Last updated: November 17th, 2021 | Source CRMLS | DOM: 54

Home details

Lot Sq. Ft
5,165
HOA Dues
$0/mo
Year built
1950
Garage
2 Car
Property Type:
Single Family Home
Status
Leased
MLS#
21784574
City
Los Angeles
County
Los Angeles
Time on Site
1099 days

Property Details for 1616 Silverwood Terrace

Interior Features
Heating Information
  • Has Heating
  • Forced Air
Laundry Information
  • Has Laundry
  • Washer Included, Dryer Included
Fireplace Information
  • Has Fireplace
  • Living Room, Den
Room Information
  • Eating Area: Dining Room
  • Flooring: Wood
  • Sound Studio, Art Studio, Guest/Maid's Quarters, Office, Media Room
Kitchen Information
  • Has Appliances
  • Dishwasher, Refrigerator
Bathroom Information
  • # of Baths (Full): 1
  • # of Baths (1/2): 1
  • # of Baths (1/4): 0
  • # of Baths (3/4): 0
Exterior Features
Exterior Information
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 2
  • No Attached Garage
Property Information
  • Has View
  • View: Hills
  • Parcel Number: 5423017026
  • Year Built Source: Assessor
  • Architectural Style: Mid Century Modern
Location / Neighborhood
Location Information
  • Directions: Google and Apple Maps tested and accurate
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Sale History for 1616 Silverwood Terrace

Last leased for $6,495 on November 11th, 2021
  • September, 2021

  • Sep 16, 2021

    Date

    Active

    CRMLS: 21784574

    $6,900

    Price

  • November, 2003

  • Nov 21, 2003

    Date

    Sold (Public Records)

    Public Records

    $552,000

    Price

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Tax History for 1616 Silverwood Terrace

Assessed Value (2020): $717,614
Year Land Value Improved Value Assessed Value
2020 $574,095 $143,519 $717,614

Home Value Compared to the Market

This property vs the competition

1616 Silverwood Terrace has recently been leased in the city of Los Angeles. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of Los Angeles has a median list price of $1,200,000. The median price per/sqft for Los Angeles is $768. With those numbers in mind, if you are looking to purchase a median priced home in Los Angeles, CA and put 20% down you will need to save up $240,000 for the down payment and will need roughly $24,000 for closing costs on top of the down payment.

About 1616 Silverwood Terrace

Detailed summary of property

1616 Silverwood Terrace is a single family home that was recently leased in Los Angeles, CA 90026. This house offered 2 bedrooms, 1.5 bathrooms, roughly 1,605 living square feet, and sits on an approximately 5,165 square foot lot. 1616 Silverwood Terrace was first listed on ArdentRealEstateGroup.com on September 16, 2021. The homeowner leased the property for $6,495. While the average home in Los Angeles, CA is selling in 106 days, 1616 Silverwood Terrace has a days on market of 54 days. There are currently 4052 homes for sale in the Los Angeles real estate market and 2782 of them are single family homes while 1148 of them are condos and 116 are townhomes. Local homes that are currently for sale include 1420 N Mohawk St, 2205 Edendale Ln and 2348 Baxter St. For more information on this home for lease at 1616 Silverwood 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 1616 Silverwood Terrace

Public county record property details
Beds
2
Baths
2
Year built
1950
Sq. Ft.
1,605
Lot Size
5,127
Stories
--
Type
Single Family Residential
Pool
No
Spa
No
County
Los Angeles
Lot#
87
APN
5423-017-026

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
$1,225,000
Median List Price/Sq.Ft.
$787
Median Sold Price
$1,217,000
Median Sold Price/Sq.Ft.
$985
Total Inventory
77
Median Sale to List Price %
101.5%
Avg Days on Market
33
Loan Type
Conventional (22.22%), FHA (0%), VA (0%), Cash (11.11%), Other (0%)

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Related Resources to 1616 Silverwood Terrace

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.