$1,510,000
SOLD MAR 5, 2018
6 Beds
3 Baths
2,636 Sq Ft
4,595 Sq Ft Lot

Recently Sold

$573 Per Sq Ft

4% Above List Price

18 Days on Market

About This Home

As of March 2018

This beautifully refurbished triplex provides three desirable units in prime Angelino Heights, a stone's throw from Echo Park Lake. All three residences are generously proportioned with two bedrooms, one bathroom, bright open living space and in-unit laundry. Two feature balcony or patio areas; one has a flat back yard. Meticulous restoration and tasteful updates evoke the vintage charms of 1920's LA, with highlights that include wood flooring, French doors, built-ins, tiled bathrooms and sweeping views across hillsides and twinkling city lights. Angelino Heights is a renown historic section of red-hot Echo Park, perfectly situated next to Downtown LA. Nearby local favorites include Beacon, Ostrich Farm, Winsome, Lassen's Market, Elysian Park, Dodger Stadium and so much more. Silver Lake is mere minutes away. A special asset with solid income potential, this triplex is a nice opportunity for an owner-user or investor, with one unit delivered vacant.

Last Agent to Sell the Property

Tracy Do

Coldwell Banker Realty License #01350025 Listed on: 01/15/2018

Coldwell Banker Realty

Co-Listed By

Ronda Doyal

Coldwell Banker Realty License #01912802

Last Buyer's Agent

Mica Campbell

Sotheby's International Realty License #01911998

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $20,605

Year Built

  • Built in 1925

Home Design

  • 2,636 Sq Ft Home
  • Triplex

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Utilities

  • Window Unit Cooling System
  • Heating System Mounted To A Wall or Window

Additional Features

  • Dryer
  • 4,595 Sq Ft Lot

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 5405-007-013

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$20,605

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 2636
  • Year Built: 1925
  • Number Of Photos: 45
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 6
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Dishwasher, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator
  • Price Per S Q F T: 550.08

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Utilities

  • Cooling: Window Unit(s)
  • Heating: Wall
  • Water Expense: 900.00

Fee Information

  • Insurance Expense: 3374.00
  • Maintenance Expense: 4775.00
  • Other Expense: 1000.00

Lot Info

  • Assessed Improvement Value: 159255
  • Assessed Land Value: 330763
  • Assessor Parcel Number: 5405-007-013
  • Geocode Override: No
  • Lot Size Area: 4595

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 14.05
  • Number Of Units: 3
  • Total Annual Expense: 13172
  • Type Of Units: Triplex
  • Vacancy Rate: 33%

Tax Info

  • Tax Expense: 5963.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 15, 2018
Closed on
Feb 9, 2018
Sold by
Finegold Paul G
Bought by
Schweighofer Jones Stephanie and Stephanie Schweighofer Jones Revocable L
Seller's Agent
Tracy Do
Coldwell Banker Realty
Buyer's Agent
Mica Campbell
Sotheby's International Realty
List Price
$1,450,000
Sold Price
$1,510,000
Premium/Discount to List
$60,000
4.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.23%
Original Mortgage
$795,000
Interest Rate
6.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 3, 2003
Sold by
G I M O S A S Llc
Bought by
Finegold Paul G and Bhavnani Gitu

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$217,500
Interest Rate
5.97%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 21, 1997
Sold by
Mendoza Martha
Bought by
Martinez Horacio Amador and Satrustegui Martha R
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 $1,510,000 Provident Title Co
Grant Deed $290,000 Stewart Title
Gift Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $845,000 New Conventional
Closed $795,000 Adjustable Rate Mortgage/ARM
Previous Owner $128,111 Commercial
Previous Owner $128,111 Commercial
Previous Owner $100,000 Unknown
Previous Owner $270,000 Unknown
Previous Owner $645,250 New Conventional
Previous Owner $200,000 Unknown
Previous Owner $125,000 Unknown
Previous Owner $474,100 New Conventional
Previous Owner $518,000 Fannie Mae Freddie Mac
Previous Owner $217,500 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/06/2025 09/06/25 For Sale $1,650,000 0.0% $626 / Sq Ft
08/26/2020 08/26/20 Rented $3,200 0.0% --
08/11/2020 08/11/20 For Rent $3,200 +6.8% --
04/23/2018 04/23/18 Rented $2,995 0.0% --
04/16/2018 04/16/18 Price Changed $2,995 -6.4% $1 / Sq Ft
03/10/2018 03/10/18 For Rent $3,200 0.0% --
03/05/2018 03/05/18 Sold $1,510,000 +4.1% $573 / Sq Ft
02/02/2018 02/02/18 Pending -- -- --
01/15/2018 01/15/18 For Sale $1,450,000 -- $550 / 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 $20,605 $1,718,119 $1,137,827 $580,292
2024 $20,605 $1,684,431 $1,115,517 $568,914
2023 $20,204 $1,651,404 $1,093,645 $557,759
2022 $19,260 $1,619,024 $1,072,201 $546,823
2021 $19,024 $1,587,279 $1,051,178 $536,101
2019 $18,452 $1,540,200 $1,020,000 $520,200
2018 $6,302 $499,818 $337,378 $162,440
2017 $6,166 $490,018 $330,763 $159,255
2016 $6,007 $480,411 $324,278 $156,133
2015 $5,921 $473,196 $319,408 $153,788
2014 $5,957 $463,928 $313,152 $150,776
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 18-299058

The MLS

APN: 5405-007-013