NOT LISTED FOR SALE

1021 N Bonnie Brae St Los Angeles, CA 90026

Echo Park Neighborhood

Estimated Value: $1,324,000 - $2,284,000

6 Beds
4 Baths
2,365 Sq Ft
$794/Sq Ft Est. Value

Last Sold September 02, 2021

Last sale price $1,675,034 $708 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $11,654/month

7 Days on Market

Highlights

  • City View
  • Wood Flooring
  • Central Heating

About This Home

As of September 2021

Prime Echo Park Value Add Opportunity! This R3 Zoned Duplex Is A Stable Asset To Hold Long Term, With Significant Upside In Rents. There Is Also Opportunity For Redevelopment. Close To Parks, Restaurants, Freeways, And Everything Echo Park Has To Offer, 1021 - 1023 N Bonnie Brae St. Is An Excellent Long Term Investment Opportunity.

Last Agent to Sell the Property

Brett Alphin

Compass License #01998404 Listed on: 07/27/2021

Compass

Last Buyer's Agent

Brett Alphin

Compass License #01998404 Listed on: 07/27/2021

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $21,354

Year Built

  • Built in 1909

Lot Details

  • 7,500 Sq Ft Lot
  • Lot Dimensions are 50x150

Property Views

  • City
  • Desert

Interior Spaces

  • 2,365 Sq Ft Home
  • 2-Story Property

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 6 Parking Spaces
  • Driveway

Utilities

  • Central Heating
  • Vented Exhaust Fan
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for cable TV, gas, electricity
  • The owner pays for gardener, water
  • Assessor Parcel Number 5404-003-020

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$21,354

Year Built

Built in 1909

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Advertising Remarks: Do Not Disturb Occupants. Showing with an accepted offer ONLY
  • Living Area: 2365
  • Lot Acreage: 0.1722
  • Lot Dimensions: 50x150
  • Probate: No
  • Stories: 2
  • Year Built: 1909
  • Number Of Photos: 26
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Number Dishwasher: 2
  • Number Disposal: 2
  • Number Range: 2
  • Number Refrigerator: 2
  • Flooring: Hardwood, Tile
  • Bedrooms: 6
  • Laundry: In Unit
  • Laundry Equipment: Own
  • Total Bathrooms: 4.00
  • Equipment: Cable, Garbage Disposal, Microwave, Dryer, Dishwasher, Washer, Vented Exhaust Fan, Refrigerator, Range/Oven
  • Price Per S Q F T: 697.00

Exterior Features

  • Other Structures: None
  • View: Desert, City
  • View: Yes

Garage/Parking

  • Parking Garage: Driveway - Concrete
  • Total Parking: 6

Utilities

  • Heating: Central
  • Number Electric Meters: 2
  • Number Gas Meters: 2
  • Number Water Meters: 2
  • Water Heaters: Yes

Lot Info

  • Assessed Improvement Percent: 34.76
  • Assessed Improvement Value: 235039
  • Assessed Land Percent: 65.24
  • Assessed Land Value: 441106
  • Total Assessed Value: 676145
  • Assessor Parcel Number: 5404-003-020
  • Lot Size Area: 7500

Rental Info

  • Owner Pays: Gardener, Water
  • Tenant Pays: Cable TV, Gas, Electricity

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 23.94
  • Number Of Units: 2
  • Rent Control: 100
  • Total Annual Expense: 4284
  • Type Of Units: 2
  • Vacancy Rate: 0%

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 8, 2010
Sold by
Wong Barry
Bought by
Wong Barry and Tran Tu M
Current Estimated Value
$1,877,182

Purchase Details

Closed on
Aug 25, 2009
Sold by
Ridino Anthony J and Manakova Gabriela
Bought by
Wong Barry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$464,000
Outstanding Balance
$303,147
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$1,574,035

Purchase Details

Closed on
Jun 30, 2008
Sold by
Us Bank Na
Bought by
Ridino Anthony J

Purchase Details

Closed on
Apr 1, 2008
Sold by
Felix Eliazar A
Bought by
Us Bank Na and Wachovia Mortgage Loan Trust Mortgage Lo

Purchase Details

Closed on
Jun 22, 2005
Sold by
Felix Maria Luz
Bought by
Felix Eliazar A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$492,000
Interest Rate
6.5%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 24, 2005
Sold by
Guevarra Helen V
Bought by
Felix Eliazar A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$492,000
Interest Rate
6.5%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 13, 2004
Sold by
Tobar Sandor A
Bought by
Guevara Helen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$343,920
Interest Rate
6.15%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 28, 1999
Sold by
Bailey Daniel N and Bailey Marlene Y
Bought by
Tobar Sandor A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,572
Interest Rate
6.79%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 27, 1995
Sold by
Sunrise Properties & Development Inc
Bought by
Bailey Daniel N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
8.36%

Purchase Details

Closed on
Jan 13, 1995
Sold by
Bowen H Ray
Bought by
Sunrise Properties & Development Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
8.36%

Purchase Details

Closed on
Aug 27, 1993
Sold by
Patterson Shirlistine
Bought by
Patterson Willie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,953
Interest Rate
7.16%

Purchase Details

Closed on
Aug 25, 1993
Sold by
Bowen H Ray
Bought by
Patterson Willie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,953
Interest Rate
7.16%
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
Wong Barry -- None Available
Wong Barry $580,000 Old Republic Title Company
Ridino Anthony J $365,000 Chicago Title Company
Us Bank Na $543,136 Lsi Title Company Ca
Felix Eliazar A -- Chicago Title Co
Felix Eliazar A -- Chicago Title Co
Felix Eliazar A $615,000 Chicago Title Co
Guevara Helen $429,900 Chicago Title Company
Tobar Sandor A $215,000 Orange Coast Title
Bailey Daniel N -- Benefit Land Title Company
Sunrise Properties & Development Inc $70,000 --
Patterson Willie -- First Southwestern Title Com
Patterson Willie -- First Southwestern Title Com
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wong Barry $464,000
Previous Owner Felix Eliazar A $492,000
Previous Owner Guevara Helen $343,920
Previous Owner Tobar Sandor A $213,572
Previous Owner Bailey Daniel N $130,000
Previous Owner Sunrise Properties & Development Inc $80,000
Previous Owner Patterson Willie $83,953
Closed Sunrise Properties & Development Inc $40,000
Closed Guevara Helen $85,980
Closed Felix Eliazar A $123,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/02/2021 09/02/21 Sold $1,675,034 +1.6% $708 / Sq Ft
08/03/2021 08/03/21 Pending -- -- --
07/27/2021 07/27/21 For Sale $1,649,000 -- $697 / 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 $21,354 $1,777,522 $1,167,328 $610,194
2024 $21,354 $1,742,670 $1,144,440 $598,230
2023 $20,939 $1,708,500 $1,122,000 $586,500
2022 $19,963 $1,675,000 $1,100,000 $575,000
2021 $8,451 $683,149 $445,675 $237,474
2020 $8,533 $676,145 $441,106 $235,039
2019 $8,202 $662,888 $432,457 $230,431
2018 $8,068 $649,891 $423,978 $225,913
2016 $7,701 $624,657 $407,515 $217,142
2015 $7,590 $615,275 $401,394 $213,881
2014 $7,624 $603,224 $393,532 $209,692
Source: Public Records

Agents Affiliated with this Home

  • Brett Alphin

    Seller's Agent in 2021

    Brett Alphin

    Compass

    (646) 232-5432

    1 in this area

    10 Total Sales

    Brett Alphin
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Map

Source: The MLS

MLS Number: 21-765398

The MLS

APN: 5404-003-020

California Los Angeles County Los Angeles 90026 Echo Park

1021 N Bonnie Brae St, Los Angeles, CA

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