NOT LISTED FOR SALE

1032 Coronado Terrace Los Angeles, CA 90026

Echo Park Neighborhood

Estimated Value: $1,547,000 - $2,114,000

5 Beds
4 Baths
2,497 Sq Ft
$729/Sq Ft Est. Value

Last Sold January 28, 2016

Last sale price $1,175,000 $471 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $10,958/month

6 Days on Market

Highlights

  • Newly Remodeled
  • Deck
  • Hydromassage or Jetted Bathtub
  • City View
  • Bamboo Flooring
  • Balcony

About This Home

As of January 2016

Amazing VALUE! Two houses on one lot with amazing views. Sold separately these homes would fetch $1.4 Million. The completely remodeled front House is now a 3Bd/2Bth with hardwood floors throughout, custom kitchen cabinets complete w/quartz counters and Stainless Steel appliances, recessed lighting, a functional stone fireplace, central HVAC, dual pane windows, copper plumbing, tank less water heater and Washer/Dryer hookup, wired for internet, HDMI, Security system with Cameras and Monitors. Master bath includes a relaxing spa tub. The captivating brand new rear unit is a two story 2Bd/2Bth featuring bamboo flooring throughout , fire sprinklers, every other luxury the front house has and a deck that spans the entire front of the home offering a wonderful view. The yard is beautifully landscaped with decorative stones and drought tolerant plants for the purpose of water conservation and low maintenance. The carport fits 6 cars when parked in tandem, So much to offer!! and BRAND NEW!!

Last Agent to Sell the Property

James Ward

Forward Real Estate License #00989094 Listed on: 12/17/2015

Co-Listed By

Moises Arroyo

The Core Agency License #01853838

Last Buyer's Agent

Subscriber Non

Non-Participant Office License #13252

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,659

Year Built

  • Built in 2015 | Newly Remodeled

Lot Details

  • 7,635

Home Design

  • Shingle Roof
  • Copper Plumbing

Interior Spaces

  • 2,497 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Double Pane Windows
  • City Views
  • Prewired Security

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Bamboo
  • Wood

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms
  • Hydromassage or Jetted Bathtub

Laundry

  • Laundry in Kitchen
  • Gas Dryer Hookup

Parking

  • 6 Parking Spaces
  • 6 Carport Spaces
  • Driveway

Outdoor Features

  • Balcony
  • Deck

Utilities

  • Central Heating and Cooling System
  • Tankless Water Heater

Additional Features

  • ADA Compliant
  • 7,635 Sq Ft Lot

Community Details

  • 2 Buildings
  • 2 Units

Listing and Financial Details

  • The owner pays for water
  • Assessor Parcel Number 5402-019-003

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,659

Year Built

Built in 2015 | Newly Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • ADA Compliant: Yes
  • Building Permit: Yes
  • Living Area: 2497
  • Property Condition: New Construction, Updated/Remodeled
  • Stories: 2
  • Year Built: 2015
  • State Abbrv: CA
  • Special Features: NewHome
  • Property Sub Type: MultiFamily

Interior Features

  • Number Dishwasher: 2
  • Number Disposal: 2
  • Fireplace Rooms: Wood Burning
  • Flooring: Bamboo, Hardwood
  • Bedrooms: 5
  • Bathroom Features: Tub With Jets
  • Laundry: In Kitchen
  • Total Bathrooms: 4.00
  • Equipment: Dishwasher, Garbage Disposal, Gas Dryer Hookup, Range/Oven
  • Price Per S Q F T: 460.15
  • Windows: Double Pane Windows

Exterior Features

  • Other Features: Balcony, Energy Efficient, Full Copper Plumbing, Two On A Lot
  • Tennis Court Y/N: No
  • Construction: Frame and Stucco
  • Number Patio: 2
  • Patio: Deck(s)
  • Paved: Yes
  • Pool: No
  • Roof: Shingle
  • View: City
  • View: Yes

Garage/Parking

  • Carport Spaces: 6
  • Parking Garage: Carport, Covered Parking, Driveway
  • Total Parking: 6

Utilities

  • Water Heater: Tankless
  • Cooling: Central
  • Heating: Central
  • Number Electric Meters: 2
  • Number Gas Meters: 2
  • Security: Prewired for alarm system
  • Water Heaters: Yes

Lot Info

  • Additions Alterations: Yes
  • Assessed Improvement Value: 500000
  • Assessed Land Value: 333566
  • Assessor Parcel Number: 5402-019-003
  • Geocode Override: No
  • Lot Size Area: 7635

Rental Info

  • Owner Pays: Water

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 13.48
  • Number Of Units: 2
  • Type Of Units: 2 on one lot

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 17, 2015
Closed on
Dec 24, 2015
Sold by
Ward Schurr Inc
Bought by
William Sherry A and Sweha Raymond
Seller's Agent
James Ward
Forward Real Estate
Buyer's Agent
Subscriber Non
Non-Participant Office
List Price
$1,149,000
Sold Price
$1,175,000
Premium/Discount to List
$26,000
2.26%
Current Estimated Value
$1,819,366

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$644,366
Avg. Annual Appreciation
4.59%
Original Mortgage
$940,000
Outstanding Balance
$745,110
Interest Rate
3.94%
Mortgage Type
New Conventional
Estimated Equity
$1,074,256

Purchase Details

Closed on
Feb 11, 2015
Sold by
Hunter Arundel and Estate Of Harlan Charles Chirs
Bought by
Ward Schurr Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$363,750
Interest Rate
3.6%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Oct 31, 2012
Sold by
Christianson Harlan
Bought by
Ringgold Johnny

Purchase Details

Closed on
Aug 20, 2003
Sold by
Christianson Harlan
Bought by
Christianson Harlan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
5.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 11, 2002
Sold by
Villegas Firth Linda
Bought by
Firth Edward E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$287,200
Interest Rate
6.52%

Purchase Details

Closed on
Jul 27, 2002
Sold by
Firth Edward E
Bought by
Christianson Harlan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$287,200
Interest Rate
6.52%
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
William Sherry A $1,175,000 Lawyers Title
Ward Schurr Inc $485,000 Lawyers Title
Ringgold Johnny -- None Available
Christianson Harlan -- Ticor Title Co
Firth Edward E -- American Title Co
Christianson Harlan $359,000 American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open William Sherry A $940,000
Previous Owner Ward Schurr Inc $363,750
Previous Owner Christianson Harlan $380,000
Previous Owner Christianson Harlan $287,200
Closed Christianson Harlan $71,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/28/2016 01/28/16 Sold $1,175,000 +2.3% $471 / Sq Ft
12/23/2015 12/23/15 Pending -- -- --
12/17/2015 12/17/15 For Sale $1,149,000 -- $460 / 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 $16,659 $1,390,955 $828,655 $562,300
2024 $16,659 $1,363,682 $812,407 $551,275
2023 $16,334 $1,336,944 $796,478 $540,466
2022 $15,571 $1,310,730 $780,861 $529,869
2021 $15,377 $1,285,030 $765,550 $519,480
2020 $15,533 $1,271,855 $757,701 $514,154
2019 $14,913 $1,246,918 $742,845 $504,073
2018 $14,839 $1,222,470 $728,280 $494,190
2016 $6,464 $524,686 $289,346 $235,340
2015 $5,363 $432,618 $333,566 $99,052
2014 $5,302 $424,144 $327,032 $97,112
Source: Public Records

Agents Affiliated with this Home

  • James Ward

    Seller's Agent in 2016

    James Ward

    Forward Real Estate

    (877) 464-5404

    16 Total Sales

    James Ward
    Section Image
  • Moises Arroyo

    Seller Co-Listing Agent in 2016

    Moises Arroyo

    The Core Agency

    (818) 723-0816

    1 in this area

    86 Total Sales

    Moises Arroyo
    Section Image

  • S

    Buyer's Agent in 2016

    Subscriber Non

    Non-Participant Office

See All Agents

Map

Source: The MLS

MLS Number: 15-958821

The MLS

APN: 5402-019-003

California Los Angeles County Los Angeles 90026 Echo Park

1032 Coronado Terrace, Los Angeles, CA

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