NOT LISTED FOR SALE

1115 W Sunset Blvd Unit 507 Los Angeles, CA 90012

Echo Park Neighborhood

Estimated Value: $18,216,436

1 Bed
1 Bath
740 Sq Ft
0.51 Acres

Highlights

  • Community Cabanas
  • Rooftop Deck
  • Panoramic View
  • Fitness Center
  • Automatic Gate
  • 5-minute walk to Everett Park

About This Home

As of February 2022

Luxurious apartment living is now available at The Elysian in Victor Heights with breathtaking views of Downtown LA and Echo Park. A coveted building such as this was designed by internationally acclaimed Architect William Pereira in the 1960s where it has been updated in the 2010s to modern times with powerful aesthetics. High ceilings with polished concrete floors and custom cabinets, built in Italy by Modelo Cucino, come across as a work of art. A list of features continues by way of a large balconies with floor to ceiling windows and remote controlled Mecho shades. The open kitchens are a cook's dream with energy efficient appliances by Bertazonni and Bosch. The amenities for the property include a fully equipped gym and ample on-site parking with EV charging stations. Photos shown may not reflect actual unit, must verify.

Last Agent to Rent the Property

Jeremy Flores

Jeremy Flores License #01865943 Listed on: 09/22/2021

Last Renter's Agent

Stephen Johnson

Douglas Elliman License #02105272

Douglas Elliman

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $289,266

Year Built

  • Built in 2014 | Remodeled

Lot Details

  • North Facing Home
  • Dog Run
  • Gated Home
  • Wrought Iron Fence
  • Partially Fenced Property
  • Irregular Lot
  • Hillside Location
  • Historic Home

Property Views

  • Panoramic
  • Hills

Home Design

  • Entry on the 1st floor
  • Turnkey
  • Common Roof
  • Steel Siding

Interior Spaces

  • 740 Sq Ft Home
  • Wired For Data
  • Built-In Features
  • Crown Molding
  • High Ceiling
  • Track Lighting
  • Double Pane Windows
  • Blinds
  • Living Room with Attached Deck
  • Dining Area
  • Loft
  • Concrete Flooring
  • Closed Circuit Camera
  • Laundry in unit

Kitchen

  • Oven or Range
  • Range
  • Microwave
  • Water Line To Refrigerator
  • Dishwasher
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • Walk-In Closet
  • Dressing Area
  • 1 Full Bathroom
  • Bathtub with Shower

Parking

  • Automatic Gate
  • Uncovered Parking
  • Controlled Entrance

Outdoor Features

  • Living Room Balcony
  • Covered Patio or Porch

Location

  • Property is near public transit
  • City Lot

Utilities

  • Central Heating and Cooling System
  • Property is located within a water district
  • Central Water Heater
  • Sewer in Street
  • Phone System
  • Cable TV Available

Listing and Financial Details

  • Security Deposit $3,300
  • Tenant pays for ada upgrades, air cond/heat maint, cable TV, electricity, insurance
  • Rent includes water, trash collection
  • 12 Month Lease Term
  • Assessor Parcel Number 5406-020-002

Community Details

Overview

  • Association fees include water and sewer paid, trash, security
  • 96 Units
  • Maintained Community
  • 9-Story Property

Amenities

  • Rooftop Deck
  • Sundeck
  • Building Terrace
  • Community Barbecue Grill
  • Trash Chute
  • Elevator
  • Lobby

Recreation

  • Fitness Center
  • Community Cabanas

Pet Policy

  • Call for details about the types of pets allowed

Security

  • Security Guard
  • Resident Manager or Management On Site
  • Controlled Access
  • Gated Community
  • Carbon Monoxide Detectors
  • Fire Sprinkler System

Condo Details

Home Type

Condominium

Est. Annual Taxes

$289,266

Year Built

Built in 2014 | Remodeled

Lot Details

0

Rental Info

  • Credit Report Paid By: Tenant
  • Credit Report Required: Yes
  • Not Included In Rent: Electricity, Parking, Internet/Cable
  • Rent Includes: Water, Trash Collection
  • Security Deposit: 3300
  • Tenant Pays: ADA Upgrades, Air Cond/Heat Maint, Cable TV, Electricity, Insurance

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Apartment
  • Style: Architectural
  • Single Family Or Apt: Condo/Apt
  • Levels: One
  • Street Number Display: Yes
  • Advertising Remarks: Luxurious apartment living is now available at The Elysian with breathtaking views in Elysian Heights. A coveted building such as this was designed by internationally acclaimed Architect William Pereira in the 1960s where it has been updated in the 2010s to modern times with powerful aesthetics. High ceilings with polished concrete floors and custom cabinets, built in Italy by Modelo Cucino, come across as a work of art. A list of features continues by way of a large balcony with floor to ceiling windows and remote controlled Mecho shades. The open kitchens are a cook's dream with energy efficient appliances by Bertazonni and Bosch. The amenities for the property include a fully equipped gym and ample on-site parking with EV charging stations. Photos shown may not reflect actual unit, must verify.
  • Disability Access: 48 inch or more wide halls, 36 inch or more wide halls, Doors - Swing In, Doors w/Lever Handles
  • Entry Floor: 1
  • Entry Location: Ground Level - no steps
  • Lease Terms: 1+Year
  • Living Area: 740
  • Lot Acreage: 0.5061
  • Monthto Month: No
  • Planned Urban Dev: 0
  • Property Condition: Updated/Remodeled
  • Stories: 9
  • Unit Floor In Building: 4
  • Year Built: 2014
  • Number Of Photos: 22
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: Built-Ins, Common Walls, Drywall Walls, Turnkey, Track Lighting, Pre-wired for high speed Data, Phone System, Living Room Balcony, High Ceilings (9 Feet+), Crown Moldings
  • Flooring: Cement
  • Appliances: Range, Gas, Microwave
  • Bedrooms: 1
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Bedroom Features: WalkInCloset, Dressing Area, Main Floor Master Bedroom
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Bathroom Features: Shower Over Tub
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Eating Areas: Dining Area, In Kitchen
  • Kitchen Features: Granite Counters
  • Laundry: In Unit
  • Total Bathrooms: 1.00
  • Den: 0
  • Equipment: Built-Ins, Cable, Dishwasher, Garbage Disposal, Microwave, Refrigerator, Water Line to Refrigerator, Hood Fan, Range/Oven
  • Price Per S Q F T: 4.46
  • Windows: Window Blinds, Double Pane Windows

Exterior Features

  • Balcony: Yes
  • Direction Faces: North
  • Construction: Concrete, Glass, Steel Siding
  • Other Features: Balcony, High Ceilings (9 Feet+), Historical
  • Tennis Court Y/N: No
  • Exposure: North
  • Fence: Wrought Iron, Partial
  • Patio: Covered, Concrete Slab, Living Room Deck Attached, Deck(s)
  • Pool: No
  • Roof: Common Roof
  • Spa Yn: No
  • View: Walk Street, Panoramic, Hills
  • View: Yes

Garage/Parking

  • Parking Garage: Community Garage, Controlled Entrance, Auto Driveway Gate, Uncovered, Assigned

Utilities

  • TV Svcs: Cable TV
  • Volt 220: In Laundry
  • Water Heater: Central Water Heater
  • Cooling: Central
  • Heating: Central
  • Security: Carbon Monoxide Detector(s), Fire and Smoke Detection System, Gated, Fire Sprinklers, Resident Manager
  • Sewer: In Street
  • Water: District

Association/Amenities

  • Amenities: Assoc Barbecue, Assoc Maintains Landscape, Assoc Pet Rules, Controlled Access, Elevator, Fitness Center, Gated Parking, Onsite Property Management, Private Cabana, Sun Deck
  • Pet Rules: Assoc Pet Rules, Call, Yes

Condo/Co-op/Association

  • Association Fees Include: Water and Sewer Paid, Trash, Security
  • High Rise: 24-Hour Closed Circuit Building, Mid-Rise Building, Dog Run, Controlled Access, Entrance Lobby, On site retail, Rooftop Sky Deck, Passenger Elevator, On-Site Guard, Sun Deck, Sun Terrace, Trash Chute
  • Unit Location: North

Lot Info

  • Horses: No
  • Assessor Parcel Number: 5406-020-002
  • Lot Description: Resident Manager, Automatic Gate, Gated Community, Lot Shape-Irregular, Redevelopment Area, Sidewalks, Walk Street
  • Lot Location: City, Hillside, Corner Lot, Near Public Transit
  • Lot Size Area: 22046

Multi Family

  • Number Of Units: 96

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 20, 2019
Sold by
1111 Sunset Boulevard Llc
Bought by
1111 Sunset Boulevard Llc and 1111 Sunset Llc
Current Estimated Value
$18,216,436

Purchase Details

Closed on
Aug 30, 2011
Sold by
1111 Sunset Blvd Lp
Bought by
1111 Sunset Llc

Purchase Details

Closed on
Dec 10, 2002
Sold by
Kim De Young and Kim Hyon K
Bought by
Simi Valley Shopping Center Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,610,000
Interest Rate
6.03%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 5, 1995
Sold by
Lasung World Evangelical Church
Bought by
Holy Hill Community Church

Purchase Details

Closed on
Feb 23, 1995
Sold by
The Metropolitan Water District Of South
Bought by
Lasung World Evangelical Church
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
1111 Sunset Boulevard Llc -- Chicago Title Company
1111 Sunset Boulevard Llc -- Chicago Title Company
1111 Sunset Llc $6,800,068 First American Title Ins Co
Simi Valley Shopping Center Lp -- North American Title Co
Holy Hill Community Church -- First American Title Company
Lasung World Evangelical Church -- First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Simi Valley Shopping Center Lp $3,610,000
Closed Simi Valley Shopping Center Lp $255,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/10/2022 02/10/22 Rented $3,300 0.0% --
01/02/2022 01/02/22 For Rent $3,300 0.0% --
12/17/2021 12/17/21 Off Market $3,300 -- --
09/22/2021 09/22/21 For Rent $3,300 -- --
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 $289,266 $23,420,709 $2,763,319 $20,657,390
2024 $289,266 $22,961,481 $2,709,137 $20,252,344
2023 $284,198 $22,511,257 $2,656,017 $19,855,240
2022 $271,224 $22,069,861 $2,603,939 $19,465,922
2021 $267,762 $21,637,120 $2,552,882 $19,084,238
2020 $267,919 $21,642,017 $2,526,706 $19,115,311
2019 $257,398 $21,222,111 $2,477,163 $18,744,948
2018 $256,659 $20,810,439 $2,428,592 $18,381,847
2016 $249,310 $19,784,393 $2,334,288 $17,450,105
2015 $238,375 $19,487,214 $2,299,225 $17,187,989
2014 $170,266 $6,967,488 $2,254,187 $4,713,301
Source: Public Records

Agents Affiliated with this Home

  • Jeremy Flores

    Landlord's Agent in 2022

    Jeremy Flores

    Jeremy Flores

    (626) 759-1791

    6 Total Sales

    Jeremy Flores
    Section Image

  • S

    Tenant's Agent in 2022

    Stephen Johnson

    Douglas Elliman

    (510) 415-6838

    1 in this area

    5 Total Sales

    Stephen Johnson
    Section Image
  • Alexandre Anu

    Buyer Co-Listing Agent in 2022

    Alexandre Anu

    Douglas Elliman

    (310) 571-5757

    1 in this area

    18 Total Sales

    Alexandre Anu
    Section Image
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Map

Source: The MLS

MLS Number: 21-787162

The MLS

APN: 5406-020-002

California Los Angeles County Los Angeles 90012 Echo Park

1115 W Sunset Blvd Unit 507, Los Angeles, CA

This home is located at 1115 W Sunset Blvd Unit 507, Los Angeles, CA 90012 since 22 September 2021 and is currently priced at $18,216,436. This property was built in 2014. 1115 W Sunset Blvd Unit 507 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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