NOT LISTED FOR SALE

Estimated Value: $1,014,000 - $2,014,000

2 Beds
2 Baths
1,227 Sq Ft
$1,276/Sq Ft Est. Value

Last Sold June 25, 2021

Last sale price $1,450,000 $1,182 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $9,770/month

Highlights

  • In Ground Pool
  • City Lights View
  • Built-In Features
  • Sauna
  • Furnished
  • Tandem Parking

About This Home

As of August 2024

Furnished Lease. Beautifully renovated, designer bungalow, circa 1922, in one of the most desirable pockets of Echo Park. Designed with the California lifestyle in mind, this fully furnished home offers incredible flow and a serene, private retreat. Step into a cozy, sunlit living room with custom furnishings. The open floor plan seamlessly connects to a well-equipped chef's kitchen featuring modern appliances, a stylish dining room, and views of downtown LA. The gorgeous primary suite is bathed in light and features room-darkening shutters and a large walk-in closet. An additional bedroom completes the floor plan. The newly designed outdoor space by Terremoto includes multiple entertaining areas, a veggie garden, a gas fire pit, lush native landscaping, and an oversized cedar soaking tub and sauna. The pool area is an entertainer's paradise with a built-in seating area and plenty of spaces to host outdoor dinners and pool parties. Close to all the prime spots of Echo Park and Silver Lake, nearby restaurants, and Echo Park Lake. Enjoy easy, chic living in the best Los Angeles has to offer.

Last Agent to Rent the Property

Mary Regal

Compass License #01963054 Listed on: 07/30/2024

Compass

Co-Listed By

Rob Kallick

Compass License #01871966

Last Renter's Agent

Mary Regal

Compass License #01963054 Listed on: 07/30/2024

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,714

Year Built

  • Built in 1922

Lot Details

  • 7,592 Sq Ft Lot
  • Property is zoned LARD3

Property Views

  • Skyline
  • Woods

Home Design

  • Bungalow

Interior Spaces

  • 1,227 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Built-In Features
  • Sauna
  • Alarm System

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Tandem Parking
  • Driveway

Pool

  • In Ground Pool
  • In Ground Spa

Utilities

  • Air Conditioning
  • Central Heating

Community Details

  • Sauna

Listing and Financial Details

  • Security Deposit $20,000
  • Tenant pays for electricity, gas, water, trash collection
  • Short Term Lease
  • Assessor Parcel Number 5405-006-023

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,714

Year Built

Built in 1922

Lot Details

0

Rental Info

  • Furnished: Furnished
  • Lease Option: 1
  • Security Deposit: 20000
  • Tenant Pays: Electricity, Gas, Water, Trash Collection

Listing Details

  • Property Type: Residential Lease
  • Style: Bungalow
  • Single Family Or Apt: Single Family
  • Levels: One
  • Street Number Display: Yes
  • Lease Terms: Short Term Lease
  • Living Area: 1227
  • Lot Acreage: 0.1743
  • Year Built: 1922
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Flooring: Mixed
  • Bedrooms: 2
  • Full Bathroom: 2
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: Laundry Area
  • Total Bathrooms: 2.00
  • Equipment: Alarm System, Dishwasher, Washer, Dryer, Refrigerator, Range/Oven, Built-Ins
  • Price Per S Q F T: 6.93

Exterior Features

  • Pool Description: In Ground
  • Pool: Yes
  • Spa: In Ground
  • Spa Yn: Yes
  • View: City Lights, Trees/Woods, Skyline
  • View: Yes

Garage/Parking

  • Parking Garage: Driveway, Tandem

Utilities

  • Cooling: Air Conditioning
  • Heating: Central

Association/Amenities

  • Amenities: Sauna
  • Pet Rules: Call

Lot Info

  • Assessor Parcel Number: 5405-006-023
  • Lot Size Area: 7592

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2021
Closed on
Jun 24, 2021
Sold by
Mckeown and Marthe
Bought by
Fustagueras Alexis Piqueras
Seller's Agent
Mary Regal
Compass
Buyer's Agent
Jackie Freed
Compass
List Price
$995,000
Sold Price
$1,450,000
Premium/Discount to List
$455,000
45.73%
Current Estimated Value
$1,565,393

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$115,393
Avg. Annual Appreciation
1.78%
Original Mortgage
$1,087,000
Outstanding Balance
$984,143
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$581,250

Purchase Details

Listed on
Sep 30, 2016
Closed on
Nov 8, 2016
Sold by
Wu Cong Zheng
Bought by
Mckeown Jesse and Bernard Marthe
Seller's Agent
Yirong Lu
Fidelity Option
Buyer's Agent
Patty Hume
Keller Williams Larchmont
List Price
$850,000
Sold Price
$800,000
Premium/Discount to List
-$50,000
-5.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.06%
Original Mortgage
$560,000
Interest Rate
3.47%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 17, 2009
Sold by
Huang Ai
Bought by
Wu Cong Zheng

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
3.22%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
Jul 8, 1997
Sold by
Wong Ngan S
Bought by
Wu Cong Zheng and Huang Ai

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
7.45%

Purchase Details

Closed on
Jan 17, 1996
Sold by
Wong Salynne
Bought by
Wong Ngan Sheung and Wong Choi Ling
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Fustagueras Alexis Piqueras $1,450,000 Equity Title
Mckeown Jesse $800,000 Fidelity National Title
Wu Cong Zheng -- First American Title
Wu Cong Zheng $93,000 United Title Company
Wong Ngan Sheung -- United Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fustagueras Alexis Piqueras $1,087,000
Previous Owner Mckeown Jesse $560,000
Previous Owner Wu Cong Zheng $600,000
Previous Owner Wu Cong Zheng $70,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/09/2024 08/09/24 Rented $8,500 0.0% --
08/02/2024 08/02/24 Under Contract -- -- --
07/30/2024 07/30/24 For Rent $8,500 -15.0% --
07/29/2024 07/29/24 Rented $10,000 +17.6% --
07/02/2024 07/02/24 Price Changed $8,500 -15.0% $7 / Sq Ft
06/18/2024 06/18/24 For Rent $10,000 0.0% --
06/25/2021 06/25/21 Sold $1,450,000 +45.7% $1,182 / Sq Ft View Prior Sale
05/28/2021 05/28/21 Pending -- -- --
05/17/2021 05/17/21 For Sale $995,000 +24.4% $811 / Sq Ft
12/19/2016 12/19/16 Sold $800,000 -5.9% $652 / Sq Ft View Prior Sale
11/01/2016 11/01/16 Pending -- -- --
09/30/2016 09/30/16 For Sale $850,000 -- $693 / 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 $18,714 $1,569,524 $1,179,850 $389,674
2024 $18,714 $1,538,750 $1,156,716 $382,034
2023 $18,348 $1,508,580 $1,134,036 $374,544
2022 $17,486 $1,479,000 $1,111,800 $367,200
2021 $10,320 $857,761 $686,209 $171,552
2019 $10,010 $832,320 $665,856 $166,464
2018 $9,929 $816,000 $652,800 $163,200
2016 $1,585 $125,426 $121,390 $4,036
2015 $1,562 $123,543 $119,567 $3,976
2014 $1,578 $121,124 $117,225 $3,899
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 24-421615

The MLS

APN: 5405-006-023