NOT LISTED FOR SALE

1015 Figueroa Terrace Unit 1 Los Angeles, CA 90012

Echo Park Neighborhood

Estimated Value: $995,000 - $1,201,000

3 Beds
2.5 Baths
1,820 Sq Ft
$608/Sq Ft Est. Value

Last Sold October 04, 2023

Last sale price $1,099,000 $604 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $7,167/month

Highlights

  • Gated with Attendant
  • Panoramic View
  • Wood Flooring
  • Automatic Gate
  • 1.63 Acre Lot
  • Modern Architecture

About This Home

As of October 2023

This newly constructed modern townhome, located in a Gated Community of Echo Park has mesmerizing views of downtown Los Angles skyline and endless features. This townhome is a Corner/End unit, one of the best units in the community. Panoramic views of downtown skyline, 2 Side-By-Side parking spaces in the gated community garage, Walk-in closets in All 3 bedrooms, and the Master Suite will leave you speechless. This townhome is like living in a house for a fraction of the price. Tenants will delight in the wood floors, modern recessed lighting, and stylish kitchen with high-end appliances. Perfectly positioned Echo Park townhome is minutes to the city's best eateries, cafes, Dodger Stadium, and DTLA!

Last Agent to Rent the Property

Brandon Park

RISE real estate company License #01416244 Listed on: 09/24/2023

Last Renter's Agent

Kalisha Bayliss

Keller Williams Encino/Sherman Oaks License #02198132

Keller Williams Encino/Sherman Oaks

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $13,841

Year Built

  • Built in 2018

Lot Details

  • 1.63

Property Views

  • Panoramic
  • Skyline
  • Views of a landmark
  • Mountain
  • Hills

Home Design

  • Modern Architecture
  • Split Level Home

Interior Spaces

  • 1,820 Sq Ft Home
  • Living Room
  • Dining Area

Kitchen

  • Oven or Range
  • Microwave
  • Water Line To Refrigerator
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Powder Room

Laundry

  • Laundry closet
  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Side by Side Parking
  • Automatic Gate
  • Guest Parking
  • Controlled Entrance

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Vented Exhaust Fan

Listing and Financial Details

  • Security Deposit $4,800
  • Tenant pays for electricity, move in fee, move out fee, water, gas
  • 12 Month Lease Term
  • Assessor Parcel Number 5406-022-085

Community Details

Amenities

  • Elevator

Pet Policy

  • Pets Allowed
  • Pet Deposit $500

Security

  • Gated with Attendant
  • Controlled Access

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$13,841

Year Built

Built in 2018

Lot Details

0

Rental Info

  • Pet Deposit: 500.00
  • Security Deposit: 4800
  • Tenant Pays: Electricity, Move In Fee, Move Out Fee, Water, Gas

Listing Details

  • Property Type: Residential Lease
  • Style: Modern
  • Single Family Or Apt: Condo/Apt
  • Levels: Multi/Split
  • Street Number Display: Yes
  • Advertising Remarks: This newly constructed modern townhome, located in a Gated Community of Echo Park has mesmerizing views of downtown Los Angles skyline and endless features. This townhome is a Corner/End unit, one of the best units in the community. Panoramic views of downtown skyline, 2 Side-By-Side parking spaces in the gated community garage, Walk-in closets in All 3 bedrooms, and the Master Suite will leave you speechless. This townhome is like living in a house for a fraction of the price. Tenants will delight in the wood floors, modern recessed lighting, and stylish kitchen with high-end appliances. Perfectly positioned Echo Park townhome is minutes to the city's best eateries, cafes, Dodger Stadium, and DTLA!
  • Lease Terms: 1+Year
  • Living Area: 1820
  • Lot Acreage: 1.6330
  • Year Built: 2018
  • Number Of Photos: 17
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 0

Interior Features

  • Flooring: Stone Tile, Wood
  • Bedrooms: 3
  • Full Bathroom: 2
  • Half Bathroom: 1
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Laundry Closet Stacked, In Unit
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Dishwasher, Dryer, Garbage Disposal, Microwave, Hood Fan, Gas Dryer Hookup, Range/Oven, Refrigerator, Vented Exhaust Fan, Washer, Water Line to Refrigerator
  • Price Per S Q F T: 2.64

Exterior Features

  • Pool: No
  • View: City, City Lights, Landmark, Mountains, Panoramic, Hills, Skyline
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Assigned, Auto Driveway Gate, Community Garage, Controlled Entrance, Side By Side, Parking Space
  • Total Parking: 2

Utilities

  • Cooling: Air Conditioning, Central, Multi/Zone
  • Heating: Central, Zoned

Association/Amenities

  • Amenities: Assoc Maintains Landscape, Assoc Pet Rules, Controlled Access, Elevator, Gated Community Guard, Gated Parking, Guest Parking
  • Pet Rules: Yes

Lot Info

  • Assessor Parcel Number: 5406-022-085
  • Lot Size Area: 71134

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 24, 2023
Closed on
Sep 12, 2023
Sold by
Figueroa Terrace Llc
Bought by
Figueroa William A
Seller's Agent
Brandon Park
RISE real estate company
Buyer's Agent
Kalisha Bayliss
Keller Williams Encino/Sherman Oaks
Sold Price
$4,800
Views
78
Current Estimated Value
$1,105,848

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,101,048
Avg. Annual Appreciation
-0.08%
Original Mortgage
$549,500
Outstanding Balance
$539,408
Interest Rate
7.23%
Mortgage Type
New Conventional
Estimated Equity
$557,907
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Figueroa William A $1,099,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Figueroa William A $549,500
Previous Owner Cho Andrew $624,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/12/2023 10/12/23 Rented $4,800 0.0% --
10/04/2023 10/04/23 Sold $1,099,000 0.0% $604 / Sq Ft
09/24/2023 09/24/23 For Rent $4,800 0.0% --
09/04/2023 09/04/23 Pending -- -- --
08/20/2023 08/20/23 For Sale $1,099,000 0.0% $604 / Sq Ft
06/19/2020 06/19/20 Rented $4,500 0.0% --
06/08/2020 06/08/20 For Rent $4,500 -- --
Source: The MLS

Tax History Compared to Growth

Source: Public Records

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 $13,841 $1,120,980 $795,702 $325,278
2024 $13,841 $1,099,000 $780,100 $318,900
2023 $7,112 $538,354 $276,647 $261,707
2022 $6,786 $527,799 $271,223 $256,576
2021 $6,704 $517,451 $265,905 $251,546
2019 $6,490 $536,605 $258,019 $278,586
2018 $233,193 $19,493,800 $11,392,380 $8,101,420
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 23-314627

The MLS

APN: 5406-022-085