$1,595,000
SOLD APR 22, 2021

1116 Panorama Way Los Angeles, CA 90012

Echo Park Neighborhood
3 Beds
3.5 Baths
2,554 Sq Ft
2,115 Sq Ft Lot

Recently Sold

$625 Per Sq Ft

0 Day on Market

Highlights

  • New Construction
  • Contemporary Architecture
  • Covered Patio or Porch
  • Panoramic View
  • Wood Flooring
  • Balcony

About This Home

As of April 2021

Stunning New Construction modern homes with an unparalleled statement of vision & design for the most discerning buyer blending harmonious spaces & luxury situated in prime Echo Park. The open flow of this modern home encourages entertaining, w/a wall of bi-fold sliding glass doors, that seamlessly integrate interior & exterior spaces with views of Downtown, Dodger Stadium & beyond. The Chefs center island kitchen features custom streamlined flat panel soft close cabinets, Quartz countertops, 36-inch commercial range, under-cabinet microwave, & gorgeous tile backsplash. The oversized primary bedroom features an ensuite oversize shower, dual vanities & a large walk-in closet. Two additional large bedrooms feature en-suite baths & with walk-in closets. The two-car direct entry garage features high ceilings & is pre-plumbed for the newowner to install electric car chargers if needed. Access to Downtown, LA Live, Staples Center, & nightlife are just a few minutes away.

Last Agent to Sell the Property

Joyce Essex Harvey

Coldwell Banker Realty License #00935813 Listed on: 03/24/2021

Coldwell Banker Realty

Co-Listed By

Danny Mahelka

Coldwell Banker Realty License #01170359

Last Buyer's Agent

Tracey Pence

Keller Williams Larchmont License #01725418

Keller Williams Larchmont

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,584

Year Built

  • Built in 2021 | New Construction

Lot Details

  • 2,115 Sq Ft Lot
  • Property is zoned LARD1.5

HOA Fees

  • $113 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage

Property Views

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

Home Design

  • Contemporary Architecture

Interior Spaces

  • 2,554 Sq Ft Home
  • 3-Story Property
  • French Doors
  • Living Room
  • Dining Area
  • Laundry Room

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Powder Room

Outdoor Features

  • Balcony
  • Covered Patio or Porch

Utilities

  • Central Heating and Cooling System

Community Details

  • Hill Top Homes Association

Listing and Financial Details

  • Assessor Parcel Number 5406-018-060

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,584

Year Built

Built in 2021 | New Construction

Lot Details

0

HOA Fees

$113 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Contemporary
  • Levels: Three Or More
  • Street Number Display: Yes
  • Living Area: 2554
  • Lot Acreage: 0.0446
  • Property Condition: New Construction
  • Stories: 3
  • Year Built: 2021
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: NewHome

Interior Features

  • Flooring: Hardwood, Tile
  • Bedrooms: 3
  • Full Bathroom: 1
  • Half Bathroom: 1
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 2
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Inside
  • Total Bathrooms: 4.00
  • Den: 0
  • Equipment: Dishwasher, Range/Oven, Microwave
  • Price Per S Q F T: 624.51

Exterior Features

  • Other Features: Balcony, French Doors
  • Other Structures: None
  • Patio: Balcony
  • Pool: No
  • Spa Yn: No
  • View: City, City Lights, Mountains, Canyon, Landmark, Panoramic
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Direct Entrance, Garage - 2 Car, Garage Is Attached
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 113.00
  • Management Company: Hill Top Homes
  • HOA: Yes

Schools

  • School District: Los Angeles Unified

Lot Info

  • Assessor Parcel Number: 5406-018-060
  • Lot Size Area: 2115

MLS Schools

  • School District: Los Angeles Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 24, 2021
Closed on
Apr 10, 2021
Sold by
Mar View Partners Llc
Bought by
Wall Kyle D and Chishiki Yuriko E
Seller's Agent
Joyce Essex Harvey
Coldwell Banker Realty
Buyer's Agent
Tracey Pence
Keller Williams Larchmont
List Price
$1,595,000
Sold Price
$1,595,000
Current Estimated Value
$1,937,337

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$342,337
Avg. Annual Appreciation
3.59%
Original Mortgage
$1,276,000
Outstanding Balance
$1,157,944
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$705,547
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 Type Sale Price Title Company
Grant Deed $1,595,000 First Amer Ttl Co Homebuilde
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,276,000 New Conventional
Previous Owner $12,770,000 Commercial
Previous Owner $12,515,000 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/22/2021 04/22/21 Sold $1,595,000 0.0% $625 / Sq Ft
03/24/2021 03/24/21 Pending -- -- --
03/24/2021 03/24/21 For Sale $1,595,000 -- $625 / 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 $20,584 $1,726,477 $1,128,543 $597,934
2024 $20,584 $1,692,625 $1,106,415 $586,210
2023 $20,179 $1,659,437 $1,084,721 $574,716
2022 $19,227 $1,626,900 $1,063,452 $563,448
2021 $9,074 $753,154 $371,107 $382,047
2020 $6,298 $520,562 $367,302 $153,260
2019 $4,999 $423,100 $360,100 $63,000
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2021

    Joyce Essex Harvey

    Coldwell Banker Realty

    Section Image
  • Danny Mahelka

    Seller Co-Listing Agent in 2021

    Danny Mahelka

    Coldwell Banker Realty

    (213) 359-4097

    8 in this area

    59 Total Sales

    Danny Mahelka
    Section Image
  • Tracey Pence

    Buyer's Agent in 2021

    Tracey Pence

    Keller Williams Larchmont

    (323) 309-4585

    1 in this area

    20 Total Sales

    Tracey Pence
    Section Image
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Map

Source: The MLS

MLS Number: 21-710272

The MLS

APN: 5406-018-060

California Los Angeles County Los Angeles 90012 Echo Park

1116 Panorama Way, Los Angeles, CA

This home is located at 1116 Panorama Way, Los Angeles, CA 90012 and is currently priced at $1,595,000, approximately $624 per square foot. This property was built in 2021. 1116 Panorama Way 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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