$1,355,000
SOLD NOV 18, 2022
5 Beds
4 Baths
3,057 Sq Ft
7,500 Sq Ft Lot

Recently Sold

$443 Per Sq Ft

3% Below List Price

9 Days on Market

Highlights

  • Open Floorplan
  • Front Porch
  • Laundry Room
  • Craftsman Architecture
  • Living Room
  • Kitchen Island

About This Home

As of November 2022

Charming Echo Park fourplex consisting of four standalone Craftsman bungalows, including a tastefully renovated owner's home with private yard. Located in Angelino Heights HPOZ, this private, gated compound sits on 7,500 square foot lot and is walkable to Echo Park's best shops and trails. The property features four detached units, including a 1,045 sq. ft. 2 bed/1.5 bath main house (delivered vacant) and three 1 bed/1bath units (tenant-occupied). The 2 bed, 1.5 bath owner's home has been completely remodeled with cosmetic and systemic upgrades, perfect for the buyer seeking a chic, move-in ready home with rental income. The owner's unit sits at the rear of the property, surrounded by mature landscaping. Enter past the front porch into your light-filled, open home, with front living room and remodeled, modern kitchen with center island, quartzite countertops and stainless steel appliances. The home features hardwood throughout, and two sizable bedrooms each with walk-in closets. A large laundry room is located in the back of the house and offers ample additional storage space. Outside you will find your private, shaded side yard and substantial storage space below the home. The owner's unit will be delivered vacant at close. The 1 bed, 1 bath rental homes each feature a living room, kitchen, a front porch and an inviting open floor plan. The entire property is subject to Los Angeles City rent control with a combined monthly rent total of $2,902 (Unit 1: $937/mo; Unit 2: $937/mo; Unit 3: $1,028/mo). Main house is available for showing; tenant-occupied units are available for showing upon the accepted offer. Tenant-occupied units cannot be delivered vacant at close of escrow - please do not disturb the tenants. Street parking only. Ideally located in prime Angelino Heights, the property is walkable to The Douglas, Bacetti, Woodcat Coffee, Button Mash, Bar Flores, Lassens, Tsubaki, Ototo, Elysian Park Hiking Trail, and Echo Park playground. Nearby schools include Elysian Heights Magnet, Citizens of the World Charter School, King Middle School and Downtown Math + Science High School. The Echo Park compound you've been looking for!

Last Agent to Sell the Property

Brock Harris

Keller Williams Realty Los Feliz License #01328996 Listed on: 10/10/2022

Keller Williams Realty Los Feliz

Co-Listed By

Lori Harris

Keller Williams Realty Los Feliz License #02132297

Last Buyer's Agent

Greg Erpenbach

Sotheby's International Realty License #01881508

Sotheby's International Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,084

Year Built

  • Built in 1914

Lot Details

  • 7,500 Sq Ft Lot
  • Gated Home

Parking

  • On-Street Parking

Home Design

  • Craftsman Architecture

Interior Spaces

  • 3,057 Sq Ft Home
  • Open Floorplan
  • Living Room
  • Dining Room

Kitchen

  • Oven or Range
  • Range<<rangeHoodToken>>
  • <<microwave>>
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Front Porch

Listing and Financial Details

  • Assessor Parcel Number 5405-002-024

Community Details

Overview

  • 4 Buildings
  • 4 Units

Building Details

  • Rent Control

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,084

Year Built

Built in 1914

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: Craftsman
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Living Area: 3057
  • Lot Acreage: 0.1722
  • Year Built: 1914
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Interior Amenities: Open Floor Plan
  • Appliances: Microwave, Range
  • Bedrooms: 5
  • Dining Room: 1
  • Family Room: 0
  • Kitchen Features: Island, Remodeled
  • Laundry: Inside, Laundry Area
  • Total Bathrooms: 4.00
  • Den: 0
  • Equipment: Washer, Dryer, Dishwasher, Range/Oven
  • Price Per S Q F T: 456.33

Exterior Features

  • Other Structures: None
  • Tennis Court Y/N: No
  • Patio: Porch - Front
  • Pool: No
  • Spa Yn: No

Garage/Parking

  • Parking Garage: On street

Utilities

  • Security: Gated

Lot Info

  • Assessed Improvement Percent: 31.03
  • Assessed Improvement Value: 337743
  • Assessed Land Percent: 68.97
  • Assessed Land Value: 750540
  • Total Assessed Value: 1088283
  • Assessor Parcel Number: 5405-002-024
  • Lot Size Area: 7500

Rental Info

  • Rent Control: Yes

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Number Of Units: 4
  • Total Annual Expense: 0
  • Type Of Units: Bungalows
  • Vacancy Rate: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2025
Closed on
Mar 7, 2025
Sold by
Casa De Vida Ii Llc
Bought by
Phelps Richard H and Kowall Sharon Jean
Seller's Agent
Jodi Rubin
Sotheby's International Realty
Buyer's Agent
Brita Kleingartner
TRG Real Estate Co., Inc.
List Price
$695,000
Sold Price
$725,000
Premium/Discount to List
$30,000
4.32%
Views
328

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
135.20%
Original Mortgage
$507,500
Outstanding Balance
$507,080
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$470,920

Purchase Details

Closed on
Jan 10, 2025
Sold by
Casa De Vida Ii Llc
Bought by
Cudlitz Maxwell

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$507,500
Outstanding Balance
$507,080
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$470,920

Purchase Details

Closed on
Sep 5, 2024
Sold by
Casa De Vida Ii Llc
Bought by
Roshandel Mani

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$314,000
Interest Rate
6.78%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 10, 2022
Closed on
Oct 21, 2022
Sold by
Pearson/Behles Family Trust
Bought by
Casa De Vida Ii Llc
Seller's Agent
Brock Harris
Keller Williams Realty Los Feliz
Buyer's Agent
Greg Erpenbach
Sotheby's International Realty
List Price
$1,395,000
Sold Price
$1,355,000
Premium/Discount to List
-$40,000
-2.87%
Views
15

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-11.50%
Original Mortgage
$1,547,931
Interest Rate
6.94%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 3, 2017
Closed on
Jun 26, 2017
Sold by
Friendly Neighbor Properties Llc
Bought by
Pearson Andrew and Behles Liza
Seller's Agent
Jonathan Vong
JV GROUP REALTY, INC.
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$975,000
Sold Price
$1,015,000
Premium/Discount to List
$40,000
4.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.51%
Original Mortgage
$812,000
Interest Rate
4.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 14, 2013
Sold by
Livin Sam Philip D and Livin Soi Tan Truong Revocable
Bought by
Sam Philip D and Sam Mindy P

Purchase Details

Closed on
Aug 31, 2007
Sold by
Truong Tan Soi
Bought by
Truong Soi Tan and Truong Tan Soi
Source: Public Records

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Range of Values:

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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 $725,000 Equity Title Company
Grant Deed $695,000 Equity Title Company
Grant Deed $950,000 Equity Title Company
Grant Deed $1,355,000 Equity Title
Grant Deed $1,015,000 Provident Title Company
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $507,500 New Conventional
Previous Owner $521,250 New Conventional
Previous Owner $314,000 New Conventional
Previous Owner $500,000 New Conventional
Previous Owner $1,547,931 New Conventional
Previous Owner $150,000 New Conventional
Previous Owner $781,000 New Conventional
Previous Owner $812,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/18/2025 06/18/25 Pending -- -- --
05/16/2025 05/16/25 For Sale $695,000 -48.7% $972 / Sq Ft
11/18/2022 11/18/22 Sold $1,355,000 -2.9% $443 / Sq Ft
10/19/2022 10/19/22 Pending -- -- --
10/10/2022 10/10/22 For Sale $1,395,000 +37.4% $456 / Sq Ft
06/30/2017 06/30/17 Sold $1,015,000 +4.1% $332 / Sq Ft
06/07/2017 06/07/17 Pending -- -- --
05/17/2017 05/17/17 For Sale $975,000 0.0% $319 / Sq Ft
05/04/2017 05/04/17 Pending -- -- --
05/03/2017 05/03/17 For Sale $975,000 -- $319 / 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
2024 $17,084 $1,382,100 $918,000 $464,100
2023 $16,755 $1,355,000 $900,000 $455,000
2022 $13,433 $1,110,047 $765,550 $344,497
2021 $13,262 $1,088,283 $750,540 $337,743
2020 $13,395 $1,077,125 $742,845 $334,280
2019 $12,868 $1,056,006 $728,280 $327,726
2018 $12,748 $1,035,300 $714,000 $321,300
2016 $7,722 $621,318 $346,903 $274,415
2015 $7,611 $611,987 $341,693 $270,294
2014 $7,659 $600,000 $335,000 $265,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 22-206777

The MLS

APN: 5405-002-024