NOT LISTED FOR SALE

1035 Figueroa Terrace Unit 18 Los Angeles, CA 90012

Echo Park Neighborhood

Estimated Value: $1,052,000 - $1,447,000

3 Beds
3 Baths
1,855 Sq Ft
$652/Sq Ft Est. Value

Last Sold March 31, 2022

Last sale price $1,150,000 $620 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $8,050/month

59 Days on Market

Highlights

  • Gated Parking
  • Gated Community
  • Wood Flooring
  • Panoramic View
  • 1.63 Acre Lot
  • Modern Architecture

About This Home

As of March 2022

Modern luxury townhome located in a gated community in Elysian Heights/Echo Park. This 1,855 sf 3BD+2.5BA home is one of the largest in the community. An End Unit situated at the back and top of the community, it is ultra private and offers spectacular views of DTLA and Dodger Stadium. Contemporary design with hardwood flooring, tiled bathrooms, recessed lighting, gourmet kitchen, and gorgeous master retreat. This smart home features Ring doorbell, August door lock, Lutron Caseta smart light switches, 2 Nest thermostats, Backyard Nest Cam, Alarm System, and built in speakers in the living room. Some custom upgrades and features include California Closets in the master walk-in, built-in shoe closet, premium blinds for all windows, high-end stainless steel appliances, and backyard with artificial turf with deodorizing layer and mesh for easy maintenance. Multiple outdoor spaces to relax and entertain, in the front there is a patio, balcony off of the master bedroom, and sizable private backyard. This unit comes with rare Side by Side 2 car parking and the complex has ample guest parking. Minutes to DTLA, Silverlake, Echo Park, parks, markets, and trendy eateries. Do not miss one of the best units in this complex. Welcome home!

Last Agent to Sell the Property

David Ruest

Keller Williams Realty Los Feliz License #02045144 Listed on: 12/13/2021

Keller Williams Realty Los Feliz

Co-Listed By

Johnny and David Team

Keller Williams Realty Los Feliz License #01394690

Last Buyer's Agent

Chloe Yung

Real Broker License #02052230

Real Broker

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $14,599

Year Built

  • Built in 2018

Lot Details

  • End Unit
  • South Facing Home
  • Gated Home

HOA Fees

  • $392 Monthly HOA Fees

Property Views

  • Panoramic
  • City Lights
  • Views of a landmark
  • Mountain
  • Hills

Home Design

  • Modern Architecture
  • Entry on the 1st floor
  • Copper Plumbing

Interior Spaces

  • 1,855 Sq Ft Home
  • 3-Story Property
  • High Ceiling
  • Alarm System

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry closet
  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Side by Side Parking
  • Gated Parking
  • Guest Parking
  • Controlled Entrance

Outdoor Features

  • Balcony
  • Rain Gutters

Utilities

  • Central Heating and Cooling System
  • Tankless Water Heater

Listing and Financial Details

  • Assessor Parcel Number 5406-022-124

Community Details

Overview

  • Association fees include trash, insurance, maintenance paid
  • 45 Units

Amenities

  • Elevator

Pet Policy

  • Pets Allowed

Security

  • Card or Code Access
  • Gated Community

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$14,599

Year Built

Built in 2018

Lot Details

0

HOA Fees

$392 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Townhouse
  • Style: Modern
  • Street Number Display: Yes
  • Complex Name: The Terrace
  • Entry Floor: 1
  • Living Area: 1855
  • Lot Acreage: 1.6330
  • Planned Urban Dev: 0
  • Stories: 3
  • Unit Floor In Building: 1
  • Year Built: 2018
  • Number Of Photos: 43
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: 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, In Closet, Laundry Closet Stacked
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Alarm System, Dishwasher, Dryer, Microwave, Refrigerator, Range/Oven, Washer, Garbage Disposal
  • Price Per S Q F T: 619.41

Exterior Features

  • Direction Faces: South
  • Other Features: Balcony, End Unit, Full Copper Plumbing, High Ceilings (9 Feet+), Rain Gutters, Energy Efficient
  • Pool: No
  • View: City Lights, City, Mountains, Hills, Landmark, Panoramic
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Assigned, Community Garage, Controlled Entrance, Gated, Parking for Guests - Onsite, Side By Side
  • Total Parking: 2

Utilities

  • Water Heater: Tankless
  • Cooling: Central
  • Heating: Central
  • Security: Gated, Card/Code Access, Prewired for alarm system

Association/Amenities

  • Amenities: Controlled Access, Elevator, Guest Parking, Gated Community
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • Association Fees Include: Trash, Insurance, Maintenance Paid
  • HOA Fees: 392.00
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 5406-022-124
  • Lot Size Area: 71134

Multi Family

  • Number Of Units: 45

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 13, 2018
Sold by
Figueroa Terrace Llc
Bought by
Park Joon Suk and Kim Hannah Sunjoo
Current Estimated Value
$1,208,847

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$952,039
Interest Rate
4.5%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Park Joon Suk $1,058,000 Fidelity National Title Grou
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Park Joon Suk $783,000
Closed Park Joon Suk $899,900
Previous Owner Park Joon Suk $952,039
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2022 03/31/22 Sold $1,150,000 +0.1% $620 / Sq Ft
02/10/2022 02/10/22 Pending -- -- --
12/13/2021 12/13/21 For Sale $1,149,000 +8.6% $619 / Sq Ft
06/25/2018 06/25/18 Sold $1,057,822 0.0% $570 / Sq Ft
05/23/2018 05/23/18 Pending -- -- --
04/25/2018 04/25/18 For Sale $1,057,822 -- $570 / 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 $14,599 $1,220,387 $889,079 $331,308
2024 $14,599 $1,196,459 $871,647 $324,812
2023 $14,313 $1,173,000 $854,556 $318,444
2022 $13,456 $1,134,387 $750,540 $383,847
2021 $13,290 $1,112,145 $735,824 $376,321
2019 $12,863 $1,079,160 $714,000 $365,160
Source: Public Records

Agents Affiliated with this Home

  • David Ruest

    Seller's Agent in 2022

    David Ruest

    Keller Williams Realty Los Feliz

    (310) 595-4436

    1 in this area

    53 Total Sales

    David Ruest
    Section Image
  • Johnny and David Team

    Seller Co-Listing Agent in 2022

    Johnny and David Team

    Keller Williams Realty Los Feliz

    (213) 819-1043

    1 in this area

    62 Total Sales

    Johnny and David Team
    Section Image
  • Chloe Yung

    Buyer's Agent in 2022

    Chloe Yung

    Real Broker

    (310) 923-4832

    1 in this area

    13 Total Sales

    Chloe Yung
    Section Image
  • Brandon Park

    Seller's Agent in 2018

    Brandon Park

    RISE real estate company

    (213) 265-7310

    10 in this area

    18 Total Sales

    Brandon Park
    Section Image
See All Agents

Map

Source: The MLS

MLS Number: 21-110527

The MLS

APN: 5406-022-124

California Los Angeles County Los Angeles 90012 Echo Park

1035 Figueroa Terrace Unit 18, Los Angeles, CA

This home is located at 1035 Figueroa Terrace Unit 18, Los Angeles, CA 90012 since 13 December 2021 and is currently estimated at $1,208,847, approximately $651 per square foot. This property was built in 2018. 1035 Figueroa Terrace Unit 18 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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