NOT LISTED FOR SALE

1126 Marion Ave Los Angeles, CA 90026

Echo Park Neighborhood

Estimated Value: $977,000 - $1,595,000

4 Beds
4 Baths
2,428 Sq Ft
$510/Sq Ft Est. Value

Last Sold December 22, 2017

Last sale price $630,000 $259 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $7,865/month

42 Days on Market

About This Home

As of December 2017

Located in the area of Angelino Heights, close to restaurants, shopping and entertainment! These units are a great investment for a first-time investor or a seasoned investor. The property is composed of 4 units, each has 1 bedroom and 1 bathroom. Buyer to complete their own due diligence in regards to all aspects of the property, including income, expenses and potential rents. All units are occupied at this time.

Last Agent to Sell the Property

The Mark and Al Team

CENTURY 21 MASTERS License #00914322 Listed on: 10/16/2017

CENTURY 21 MASTERS

Last Buyer's Agent

Robert Cofer

CENTURY 21 MASTERS License #01947262

CENTURY 21 MASTERS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,445

Year Built

  • Built in 1915

Lot Details

  • 2,499 Sq Ft Lot
  • No Common Walls
  • Density is 2-5 Units/Acre

Home Design

  • 2,428 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Additional Features

  • Exterior Lighting
  • Septic Type Unknown

Listing and Financial Details

  • Tax Lot 14
  • Assessor Parcel Number 5405027018

Community Details

Overview

  • 4 Units

Building Details

  • Rent Control
  • 3 Separate Electric Meters
  • 1 Separate Water Meter
  • New Taxes Expense $8,740
  • Gross Income $33,360
  • Net Operating Income $23,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,445

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Attached: No
  • Zoning: LARD2
  • Property Type: Residential Income
  • Parcel Number: 5405027018
  • Year Built: 1915
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 259.47

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: No
  • Sewer: Unknown

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 2499.00

Multi Family

  • Gross Income: 33360.00
  • Gross Scheduled Income: 33360.00
  • Net Operating Income: 23000.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Rent Control: Yes

Tax Info

  • New Taxes Expense: 8740.00
  • Tax Census Tract: 1976.00
  • Tax Lot: 14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 20, 2018
Sold by
Aser Investment Llc
Bought by
Angeleno Re Llc
Current Estimated Value
$1,238,000

Purchase Details

Closed on
May 17, 2017
Sold by
Fuentes Nury
Bought by
Carbajal Armando

Purchase Details

Closed on
Jul 22, 2016
Sold by
Fuentes Nury
Bought by
Carbajal Armando

Purchase Details

Closed on
Jan 16, 2003
Sold by
Moran Salvador
Bought by
Carbajal Remberto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$241,214
Interest Rate
5.97%
Mortgage Type
FHA

Purchase Details

Closed on
May 4, 2000
Sold by
Trust Winer, Richard S And Lynn M Trs Win
Bought by
Moran Salvador and Echeverria Osmin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,188
Interest Rate
8.22%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 31, 1996
Sold by
Winer Richard S
Bought by
Winer Richard S and Winer Lynn M
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Angeleno Re Llc -- None Available
Carbajal Armando -- None Available
Carbajal Armando -- None Available
Carbajal Remberto $245,000 Southland Title
Carbajal Remberto $245,000 Southland Title
Moran Salvador $177,500 Southland Title Corporation
Winer Richard S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Angeleno Re Llc $660,000
Previous Owner Carbajal Remberto $310,000
Previous Owner Carbajal Remberto $50,000
Previous Owner Carbajal Remberto $249,000
Previous Owner Carbajal Remberto $241,214
Previous Owner Moran Salvador $10,000
Previous Owner Moran Salvador $175,188
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/22/2017 12/22/17 Sold $630,000 0.0% $259 / Sq Ft
11/27/2017 11/27/17 Pending -- -- --
11/23/2017 11/23/17 Off Market $630,000 -- --
10/30/2017 10/30/17 For Sale $699,900 +11.1% $288 / Sq Ft
10/27/2017 10/27/17 Off Market $630,000 -- --
10/16/2017 10/16/17 For Sale $699,900 -- $288 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $13,445 $1,115,069 $773,722 $341,347
2024 $13,445 $1,093,205 $758,551 $334,654
2023 $13,184 $1,071,771 $743,678 $328,093
2022 $12,569 $1,050,757 $729,097 $321,660
2021 $12,411 $1,030,154 $714,801 $315,353
2020 $12,537 $1,019,912 $707,472 $312,440
2019 $12,039 $999,920 $693,600 $306,320
2018 $11,973 $980,320 $680,000 $300,320
2016 $3,784 $299,733 $179,841 $119,892
2015 $3,731 $295,232 $177,140 $118,092
2014 $3,768 $289,450 $173,671 $115,779
Source: Public Records

Agents Affiliated with this Home

  • The Mark and Al Team

    Seller's Agent in 2017

    The Mark and Al Team

    CENTURY 21 MASTERS

    (626) 335-6000

    322 Total Sales

    The Mark and Al Team
    Section Image
  • Robert Cofer

    Buyer's Agent in 2017

    Robert Cofer

    CENTURY 21 MASTERS

    (626) 335-6000

    141 Total Sales

    Robert Cofer
    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV17237257

California Regional Multiple Listing Service (CRMLS)

APN: 5405-027-018

California Los Angeles County Los Angeles 90012 Echo Park

1126 Marion Ave, Los Angeles, CA

This home is located at 1126 Marion Ave, Los Angeles, CA 90026 since 16 October 2017 and is currently estimated at $1,238,000, approximately $509 per square foot. This property was built in 1915. 1126 Marion Ave is a home located in Los Angeles County with nearby schools including Betty Plasencia Elementary School, Sal Castro Middle School, and Ramón C. Cortines School of Visual and Performing Arts.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

Nearby Homes