NOT LISTED FOR SALE

Estimated Value: $1,646,000 - $1,902,000

3 Beds
4.5 Baths
2,756 Sq Ft
$625/Sq Ft Est. Value

Last Sold January 07, 2022

Last sale price $1,550,000 $562 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $11,197/month

80 Days on Market

Highlights

  • New Construction
  • City Lights View
  • Bonus Room
  • Gated Community
  • Hilltop Location
  • Den

About This Home

As of January 2022

Welcome to Hilltop Homes at Echo Point, a collection of brand-new single-family residences with sweeping views of DTLA and the citys spectacular mountains. Located in a gated community atop the hillside above Elysian Park, these thoughtfully designed homes offer residents a secluded oasis set apart from the hustle and bustle, all while providing immediate proximity to LAs best urban amenities. Equipped with smart home features, custom designer finishes, and energy-efficient stainless steel appliances, Echo Point represents the best of luxury, turnkey living. Perfect for remote work, entertaining, and everyday life, each spacious house boasts flexible floor plans, plentiful decks, and patios, hard surface flooring throughout, and large picture windows flooded with natural light. Outfitted with 2 car garages, adjacent to a plethora of outdoor and urban activities, and a part of a vibrant local community, the Hilltop Homes at Echo Point are the best private retreats to call home. Located close to Highway 101, 110, and 5, as well as Dodger Stadium, Staples Center, Grand Central Market, Silver Lake, China Town, the Arts District, trendy restaurants and shops, and so much more. Low HOA with strong cash flow potential for rental opportunities.

Last Agent to Sell the Property

Elizabeth Clark

Douglas Elliman License #01811246 Listed on: 10/01/2021

Douglas Elliman

Co-Listed By

Jay Martinez

License #01954238

Last Buyer's Agent

Elizabeth Clark

Compass License #01811246

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,629

Year Built

  • Built in 2021 | New Construction

Lot Details

  • 1,500 Sq Ft Lot
  • Cul-De-Sac
  • Gated Home
  • Hilltop Location
  • Property is zoned LARD1.5

HOA Fees

  • $189 Monthly HOA Fees

Property Views

  • City Lights
  • Mountain

Interior Spaces

  • 2,756 Sq Ft Home
  • 3-Story Property
  • Dining Area
  • Den
  • Bonus Room

Kitchen

  • Oven or Range
  • Microwave

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry in unit
  • Dryer

Home Security

  • Security Lights
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Parking

  • Garage
  • Automatic Gate

Outdoor Features

  • Balcony
  • Covered Patio or Porch
  • Rain Gutters

Location

  • City Lot

Utilities

  • Air Conditioning
  • Central Heating
  • Tankless Water Heater

Listing and Financial Details

  • Assessor Parcel Number 5406-022-136

Community Details

Security

  • Security Service
  • Card or Code Access
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,629

Year Built

Built in 2021 | New Construction

Lot Details

0

HOA Fees

$189 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Architectural
  • Street Number Display: Yes
  • Living Area: 2756
  • Property Condition: New Construction
  • Stories: 3
  • Year Built: 2021
  • Number Of Photos: 28
  • State Abbrv: CA
  • Special Features: NewHome

Interior Features

  • Flooring: Mixed
  • Bedrooms: 3
  • Full Bathroom: 4
  • Half Bathroom: 1
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: In Unit
  • Total Bathrooms: 5.00
  • Den: 1
  • Equipment: Dryer, Microwave, Range/Oven
  • Price Per S Q F T: 578.74

Exterior Features

  • Other Features: Balcony, Rain Gutters
  • Other Structures: None
  • Pool: No
  • Spa Yn: No
  • View: City, City Lights, Mountains
  • View: Yes

Garage/Parking

  • Parking Garage: Covered Parking, Garage - 2 Car, Private Garage

Utilities

  • Water Heater: Tankless
  • Cooling: Air Conditioning
  • Heating: Central
  • Security: Carbon Monoxide Detector(s), Card/Code Access, Community, Fire Sprinklers, Gated, Smoke Detector, Exterior Security Lights
  • Water: Public

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 189.00
  • HOA: Yes

Lot Info

  • Horses: No
  • Assessor Parcel Number: 5406-022-136
  • Lot Description: Alley Paved, Automatic Gate, Exterior Security Lights, Fenced, Gated Community, Gutters, Storm Drains, Street Asphalt
  • Lot Location: City, Cul-De-Sac, Hillside, Hilltop
  • Lot Size Area: 1500

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2021
Closed on
Jan 3, 2022
Sold by
White Knoll Group Llc
Bought by
1853 Knoll Dr Llc
Seller's Agent
Elizabeth Clark
Douglas Elliman
Buyer's Agent
Elizabeth Clark
Douglas Elliman
List Price
$1,595,000
Sold Price
$1,550,000
Premium/Discount to List
-$45,000
-2.82%
Current Estimated Value
$1,723,510

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$173,510
Avg. Annual Appreciation
3.37%

Purchase Details

Listed on
Oct 1, 2021
Closed on
Dec 29, 2021
Sold by
White Knoll Group Llc
Bought by
1853 Knoll Dr Llc
Seller's Agent
Elizabeth Clark
Douglas Elliman
Buyer's Agent
Elizabeth Clark
Douglas Elliman
List Price
$1,595,000
Sold Price
$1,550,000
Premium/Discount to List
-$45,000
-2.82%
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
1853 Knoll Dr Llc $1,550,000 First Amer Ttl Co Homebuilde
1853 Knoll Dr Llc $1,550,000 First American Title Company O
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner White Knoll Group Llc $10,725,000
Previous Owner White Knoll Group Llc $17,830
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/07/2022 01/07/22 Sold $1,550,000 -2.8% $562 / Sq Ft
12/20/2021 12/20/21 Pending -- -- --
11/18/2021 11/18/21 For Sale $1,595,000 0.0% $579 / Sq Ft
11/15/2021 11/15/21 Pending -- -- --
10/01/2021 10/01/21 For Sale $1,595,000 -- $579 / 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 $19,629 $1,644,871 $1,135,492 $509,379
2024 $19,629 $1,612,620 $1,113,228 $499,392
2023 $19,245 $1,581,000 $1,091,400 $489,600
2022 $5,794 $490,613 $227,413 $263,200
2021 $5,725 $480,994 $222,954 $258,040
2020 $4,005 $330,768 $220,668 $110,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 21-790876

The MLS

APN: 5406-022-136