NOT LISTED FOR SALE

1015 Figueroa Terrace Unit 2 Los Angeles, CA 90012

Echo Park Neighborhood

Estimated Value: $1,088,778 - $1,199,000

3 Beds
3 Baths
1,790 Sq Ft
$632/Sq Ft Est. Value

Last Sold July 28, 2023

Last sale price $1,088,000 $608 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $7,652/month

15 Days on Market

Highlights

  • Gated Parking
  • City Lights View
  • Contemporary Architecture
  • Gated Community
  • 1.63 Acre Lot
  • Engineered Wood Flooring

About This Home

As of July 2023

Newly built large town home in a gated community, Up the hills located North of Sunset Blvd. Close by Dodger's, China Town, DTLA, and Mins down to Sunset blvd to Echo Park and Sunset Junction of Silver Lake. Spacious almost 1800 sqft, First floor: open floor plan with living, dining, guest bathroom, kitchen, windows for good air flow, outdoor patio. Second floor: 2 bedrooms with it's own walk-in closet, share Jack & Jill bathroom, Inside Washer and Dryer. Third floor: is your own entire suite: Large bedroom, Bathroom with tub, big walk-in closet, the Balcony is looking at very special DTLA view, city lights in the night. The community was built in 2018 with many guest parking, home comes with 2 assigned parking. You are up the hills with quiet living and yet: mins to everything:-)

Last Agent to Sell the Property

Timothy Xu

Compass License #01703821 Listed on: 06/20/2023

Compass

Co-Listed By

Adam Kang

Highland Premiere Real Estate License #02149971

Last Buyer's Agent

Susie Lee

Real Broker License #02090226

Real Broker

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $13,293

Year Built

  • Built in 2018

Lot Details

  • 1.63

HOA Fees

  • $392 Monthly HOA Fees

Home Design

  • Contemporary Architecture

Interior Spaces

  • 1,790 Sq Ft Home
  • 3-Story Property
  • Living Room
  • City Lights Views

Kitchen

  • Oven or Range
  • Disposal

Flooring

  • Engineered Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Parking

  • 2 Parking Spaces
  • Gated Parking
  • Guest Parking
  • Parking Garage Space

Additional Features

  • Gated Home
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 5406-022-086

Community Details

Overview

  • 45 Units

Pet Policy

  • Call for details about the types of pets allowed

Security

  • Security Service
  • Gated Community
  • Carbon Monoxide Detectors

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$13,293

Year Built

Built in 2018

Lot Details

0

HOA Fees

$392 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Townhouse
  • Style: Contemporary
  • Street Number Display: Yes
  • Advertising Remarks: See agent's remarks
  • Complex Name: The Terrace
  • Entry Floor: 3
  • Living Area: 1790
  • Lot Acreage: 1.6330
  • Planned Urban Dev: 0
  • Stories: 3
  • Unit Floor In Building: 3
  • Year Built: 2018
  • Number Of Photos: 39
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Engineered Hardwood, Tile
  • Bedrooms: 3
  • Full Bathroom: 3
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: In Unit, Inside
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Garbage Disposal, Range/Oven, Refrigerator, Washer, Dryer
  • Price Per S Q F T: 607.82

Exterior Features

  • Pool: No
  • View: City, City Lights
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Community Garage, Gated, Parking for Guests
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Community, Gated, Carbon Monoxide Detector(s)

Association/Amenities

  • Amenities: Gated Community
  • Pet Rules: Call

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 392.00
  • HOA: Yes

Lot Info

  • Special Zoning: Property Report
  • Assessor Parcel Number: 5406-022-086
  • Lot Size Area: 71134

Multi Family

  • Number Of Units: 45

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 18, 2018
Closed on
Apr 13, 2018
Sold by
Figueroa Terrace Llc
Bought by
Tang Xiaoning and Piao Yinghua
Seller's Agent
Brandon Park
RISE real estate company
Buyer's Agent
Binglin Lu
Treeline Realty & Investment
List Price
$1,005,112
Sold Price
$1,005,112
Current Estimated Value
$1,131,195

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$126,083
Avg. Annual Appreciation
1.39%
Original Mortgage
$502,556
Outstanding Balance
$446,085
Interest Rate
5.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$666,536
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Tang Xiaoning $1,005,500 Fidelity National Title Grou
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tang Xiaoning $502,556
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/28/2023 07/28/23 Sold $1,088,000 0.0% $608 / Sq Ft
07/05/2023 07/05/23 Pending -- -- --
06/20/2023 06/20/23 For Sale $1,088,000 +8.2% $608 / Sq Ft
04/20/2018 04/20/18 Sold $1,005,112 0.0% $562 / Sq Ft
02/26/2018 02/26/18 Pending -- -- --
02/18/2018 02/18/18 For Sale $1,005,112 -- $562 / Sq Ft
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 $13,293 $1,109,760 $789,786 $319,974
2024 $13,293 $1,088,000 $774,300 $313,700
2023 $13,928 $1,148,326 $820,233 $328,093
2022 $13,270 $1,125,810 $804,150 $321,660
2021 $13,105 $1,103,736 $788,383 $315,353
2019 $12,681 $1,071,000 $765,000 $306,000
Source: Public Records

Agents Affiliated with this Home

  • Timothy Xu

    Seller's Agent in 2023

    Timothy Xu

    Compass

    (310) 227-1001

    1 in this area

    82 Total Sales

    Timothy Xu
    Section Image
  • Adam Kang

    Seller Co-Listing Agent in 2023

    Adam Kang

    Highland Premiere Real Estate

    (310) 614-1159

    2 in this area

    11 Total Sales

    Adam Kang
    Section Image
  • Susie Lee

    Buyer's Agent in 2023

    Susie Lee

    Real Broker

    (323) 522-2624

    1 in this area

    11 Total Sales

    Susie Lee
    Section Image
  • Brandon Park

    Seller's Agent in 2018

    Brandon Park

    RISE real estate company

    (213) 265-7310

    10 in this area

    15 Total Sales

    Brandon Park
    Section Image

  • B

    Buyer's Agent in 2018

    Binglin Lu

    Treeline Realty & Investment

See All Agents

Map

Source: The MLS

MLS Number: 23-282808

The MLS

APN: 5406-022-086

California Los Angeles County Los Angeles 90012 Echo Park

1015 Figueroa Terrace Unit 2, Los Angeles, CA

This home is located at 1015 Figueroa Terrace Unit 2, Los Angeles, CA 90012 since 20 June 2023 and is currently estimated at $1,131,195, approximately $631 per square foot. This property was built in 2018. 1015 Figueroa Terrace Unit 2 is a home located in Los Angeles County with nearby schools including Castelar Elementary School, Florence Nightingale Middle, and Ramón C. Cortines School of Visual and Performing Arts.

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