NOT LISTED FOR SALE

1015 Figueroa Terrace Unit 21 Los Angeles, CA 90012

Echo Park Neighborhood

Estimated Value: $1,004,000 - $1,099,000

3 Beds
2.5 Baths
1,790 Sq Ft
$593/Sq Ft Est. Value

Last Sold May 28, 2021

Last sale price $970,000 $542 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $7,183/month

7 Days on Market

Highlights

  • Contemporary Architecture
  • Courtyard Views
  • Fenced Yard
  • Wood Flooring
  • Elevator
  • Living Room Balcony

About This Home

As of May 2021

Spacious backyard, huge walk-in closet - this home is not to be missed! This condo is like living in a house for the fraction of the price. The unit features tons of outdoor space with a front patio, green backyard, and sweet balcony. Buyers will delight in the wood floors, recessed lighting, and stylish kitchen with high-end appliances. A sprawling primary suite features a private balcony, soaking bath, and HUGE walk-in closet - seriously I'm jealous. Owners also purchased a large storage locker in the common area that will be sold with the unit - if storage and outdoor space is what you're after this is the place for you. Perfectly positioned Echo Park condo is minutes to the city's best eateries, cafes, Dodger Stadium and DTLA!

Last Agent to Sell the Property

Stormie Leoni

Compass License #01949760 Listed on: 04/23/2021

Compass

Last Buyer's Agent

Sabena Sarma

License #01376019

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $12,590

Lot Details

  • Fenced Yard
  • Gated Home

HOA Fees

  • $392 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Contemporary Architecture
  • Split Level Home

Interior Spaces

  • 1,790 Sq Ft Home
  • 3-Story Property
  • Living Room
  • Dining Area
  • Courtyard Views
  • Laundry Room

Kitchen

  • Gas Oven
  • Gas Cooktop

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Outdoor Features

  • Living Room Balcony
  • Enclosed Patio or Porch

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 5406-022-105

Community Details

Overview

  • 45 Units

Amenities

  • Elevator

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$12,590

Lot Details

0

HOA Fees

$392 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Townhouse
  • Style: Contemporary
  • Levels: Three Or More, Multi/Split
  • Street Number Display: Yes
  • Complex Name: The Terrace
  • Entry Floor: 1
  • Living Area: 1790
  • Planned Urban Dev: 0
  • Stories: 3
  • Unit Floor In Building: 1
  • Number Of Photos: 26
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Tile, Wood
  • Appliances: Cooktop - Gas, Oven-Gas, Range
  • 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: In Unit, In Closet, Laundry Closet Stacked, Inside
  • Total Bathrooms: 3.00
  • Den: 0
  • Price Per S Q F T: 530.17

Exterior Features

  • Other Features: Balcony
  • Patio: Enclosed, Living Room Balcony, Balcony
  • Pool: No
  • View: Courtyard
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Covered Parking

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Gated

Association/Amenities

  • Amenities: Elevator
  • Pet Rules: Yes

Condo/Co-op/Association

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

Lot Info

  • Special Zoning: Rent Control, Seismic Hazard
  • Assessor Parcel Number: 5406-022-105
  • Lot Description: Fenced Yard

Multi Family

  • Number Of Units: 45

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 23, 2021
Closed on
May 4, 2021
Sold by
Park Julianne G and An Byoungbum
Bought by
Liu Jinshi and Heo Geum Jung
Seller's Agent
Stormie Leoni
Compass
Buyer's Agent
Sabena Sarma
List Price
$949,000
Sold Price
$970,000
Premium/Discount to List
$21,000
2.21%
Current Estimated Value
$1,061,973

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$91,973
Avg. Annual Appreciation
2.62%
Original Mortgage
$849,000
Outstanding Balance
$771,508
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$311,941

Purchase Details

Listed on
Feb 16, 2018
Closed on
Apr 13, 2018
Sold by
Ficueroa Terrace Llc
Bought by
Park Julianne G and An Byoungbum
Seller's Agent
Brandon Park
RISE real estate company
Buyer's Agent
Joan Lee
Epic Realty
List Price
$829,888
Sold Price
$829,888

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.20%
Original Mortgage
$705,404
Interest Rate
4.44%
Mortgage Type
New Conventional
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
Liu Jinshi $970,000 Fidelity National Title Co
Park Julianne G $830,000 Fidelity National Title Grou
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Liu Jinshi $849,000
Previous Owner Park Julianne G $705,404
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/28/2021 05/28/21 Sold $970,000 +2.2% $542 / Sq Ft
04/30/2021 04/30/21 Pending -- -- --
04/23/2021 04/23/21 For Sale $949,000 +14.4% $530 / Sq Ft
04/30/2018 04/30/18 Sold $829,888 0.0% $464 / Sq Ft
03/16/2018 03/16/18 Pending -- -- --
02/16/2018 02/16/18 For Sale $829,888 -- $464 / 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 $12,590 $1,049,956 $772,422 $277,534
2024 $12,590 $1,029,370 $757,277 $272,093
2023 $12,343 $1,009,187 $742,429 $266,758
2022 $11,762 $989,400 $727,872 $261,528
2021 $10,469 $872,477 $557,124 $315,353
2020 $10,575 $863,532 $551,412 $312,120
2019 $10,128 $846,600 $540,600 $306,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 21-723318

The MLS

APN: 5406-022-105