Seller's Agent in 2016
Joseph Van Fossen
Circa Properties, Inc.
(714) 584-7154
3 Total Sales
1006 Waterloo St Los Angeles, CA 90026
Echo Park Neighborhood
4
Beds
3
Baths
4,464
Sq Ft
7,244
Sq Ft Lot Lot
About This Home
As of November 2016Incredible opportunity in the heart of one of the trendiest neighborhoods in Echo Park. This multi-family property boasts 5 units on a 7244 square foot, premium corner lot. Four of the units are 1 bed 1 bath (approx. 767sf each) and the fifth unit is a separate house, featuring 3 bedrooms and 2 bathrooms (1396sf per assessor). This property has tremendous upside potential in one of the hottest areas of redevelopment near downtown LA. It’s 3 blocks from the upcoming Sunset+Mohawk retail & restaurant compound and a 10 minute walk to The Echo, Masa of Echo Park, Blue Bottle Coffee, and a myriad of shops, restaurants and cafes.
Last Agent to Sell the Property
Circa Properties, Inc. License #01917220 Listed on: 07/22/2016
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1911
Lot Details
- 7,244 Sq Ft Lot
- Two or More Common Walls
- Corner Lot
Parking
- 1 Car Garage
- Parking Available
- Single Garage Door
Home Design
- 4,464 Sq Ft Home
- Property Attached
Bedrooms and Bathrooms
- 4 Bedrooms
- 3 Bathrooms
Location
- Urban Location
Listing and Financial Details
- Tax Lot 13
- Tax Tract Number 1957
- Assessor Parcel Number 5402029012
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 5 Units
Building Details
- Rent Control
- 5 Separate Electric Meters
- 5 Separate Gas Meters
- 2 Separate Water Meters
- Insurance Expense $2,500
- Trash Expense $500
- Water Sewer Expense $6,000
- New Taxes Expense $13,500
- Gross Income $9,800
- Net Operating Income $95,100
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/28/2016 11/28/16 | Sold | $1,400,000 | +27.3% | $314 / Sq Ft |
| 07/28/2016 07/28/16 | Pending | -- | -- | -- |
| 07/22/2016 07/22/16 | For Sale | $1,100,000 | -- | $246 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
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 | $20,202 | $1,624,815 | $928,467 | $696,348 |
| 2024 | $20,202 | $1,592,957 | $910,262 | $682,695 |
| 2023 | $19,822 | $1,561,723 | $892,414 | $669,309 |
| 2022 | $18,927 | $1,531,102 | $874,916 | $656,186 |
| 2021 | $18,689 | $1,501,081 | $857,761 | $643,320 |
| 2020 | $18,872 | $1,485,870 | $848,966 | $636,904 |
| 2019 | $18,146 | $1,456,740 | $832,320 | $624,420 |
| 2018 | $17,983 | $1,428,180 | $816,000 | $612,180 |
| 2016 | $3,363 | $223,121 | $156,194 | $66,927 |
| 2015 | $3,324 | $219,770 | $153,848 | $65,922 |
| 2014 | $3,366 | $215,466 | $150,835 | $64,631 |
Source: Public Records
Agents Affiliated with this Home
-
Joseph Van Fossen
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW16161038
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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