NOT LISTED FOR SALE

Estimated Value: $1,527,000 - $1,978,000

5 Beds
3 Baths
1,953 Sq Ft
$895/Sq Ft Est. Value

Last Sold July 26, 2019

Last sale price $1,430,000 $732 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $10,830/month

9 Days on Market

Highlights

  • Wood Flooring
  • Double Pane Windows
  • 1-Story Property
  • John Marshall Senior High Rated A
  • Central Heating and Cooling System

About This Home

As of July 2019

Modern vintage bungalow 2-on-a-lot duplex in the heart of Silver Lake/Echo Park metropolis. Fully remodeled front house is a large 3 bed/2 bath and will be delivered vacant. Detached rear unit is 2 bed/1 bath with good tenants paying market rent. Finished garage and long driveway with lots of off-street parking for 4 cars. Walking distance to local shops, restaurants and entertainment. Established fruit trees on-site include fuyu persimmon, lemon, orange and guava. Main house features: open floor plan, tankless water heater, master with ensuite bath, high coved ceilings, dual pane windows, central air and heat, smart home features, fiber optic line. Entertain on the large, private rear patio. A must-see property.

Last Agent to Sell the Property

Darren Hubert

Real Broker License #01330183 Listed on: 06/20/2019

Real Broker

Co-Listed By

Joe Cloninger

Real Broker License #01954784

Real Broker

Last Buyer's Agent

Joe Cloninger

Real Broker License #01954784

Real Broker

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,641

Year Built

  • Built in 1905

Lot Details

  • 7,500

Interior Spaces

  • 1,953 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Laundry in Garage

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Parking

  • 4 Parking Spaces
  • 1 Covered Space
  • Driveway

Additional Features

  • 7,500 Sq Ft Lot
  • Central Heating and Cooling System

Community Details

  • 2 Buildings
  • 2 Units

Listing and Financial Details

  • The owner pays for water
  • Assessor Parcel Number 5424-026-004

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,641

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Advertising Remarks: Modern vintage bungalow 2-on-a-lot duplex in the heart of Silver Lake/Echo Park metropolis. Fully remodeled front house is a large 3 bed/2 bath and will be delivered vacant. Detached rear unit is 2 bed/1 bath with good tenants paying market rent. Finished garage and long driveway with lots of off-street parking for 4 cars. Walking distance to local shops, restaurants and entertainment. Established fruit trees on-site include fuyu persimmon, lemon, orange and guava. Main house features: open floor plan, tankless water heater, master with ensuite bath, high coved ceilings, dual pane windows, central air and heat, smart home features, fiber optic line. Entertain on the large, private rear patio. A must-see property.
  • Living Area: 1953
  • Probate: No
  • Stories: 1
  • Year Built: 1905
  • Number Of Photos: 26
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Hardwood, Tile
  • Bedrooms: 5
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Garage, In Unit
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Dishwasher, Microwave, Range/Oven, Refrigerator
  • Price Per S Q F T: 736.82
  • Windows: Double Pane Windows

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Covered Parking: 1
  • Parking Garage: Driveway, Garage - 1 Car
  • Total Parking: 4

Utilities

  • Cooling: Air Conditioning, Central
  • Heating: Central

Lot Info

  • Assessed Improvement Value: 270564
  • Assessed Land Value: 503250
  • Assessor Parcel Number: 5424-026-004
  • Geocode Override: No
  • Lot Size Area: 7500

Rental Info

  • Owner Pays: Water

Multi Family

  • Unit Type: 2106, 2107
  • Number Of Units: 2
  • Rent Control: 100
  • Total Annual Expense: 0
  • Type Of Units: detached
  • Vacancy Rate: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2019
Closed on
Jul 22, 2019
Sold by
Luther Bobbi Sue
Bought by
Freistuhler Barbara
Seller's Agent
Darren Hubert
Real Broker
Buyer's Agent
Joe Cloninger
Real Broker
List Price
$1,439,000
Sold Price
$1,430,000
Premium/Discount to List
-$9,000
-0.63%
Current Estimated Value
$1,748,079

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$318,079
Avg. Annual Appreciation
3.36%

Purchase Details

Closed on
Aug 10, 2011
Sold by
Wagner Danielle and Chew Kheng Kai
Bought by
Luther Bobbi Sue

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$533,850
Interest Rate
4.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 30, 2010
Sold by
Wagner Danielle
Bought by
Wagner Danielle and Chew Kheng Kai

Purchase Details

Closed on
Apr 10, 2010
Sold by
Tenza Narciso P and Tenza Corazon B
Bought by
Wagner Danielle

Purchase Details

Closed on
May 24, 2005
Sold by
Tenza Narciso P and Tenza Corazon B
Bought by
Tenza Narciso P and Tenza Corazon B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$625,000
Interest Rate
5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 25, 2003
Sold by
Tenza Narciso P and Tenza Corazon B
Bought by
Tenza Narciso P and Tenza Corazon B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$286,000
Interest Rate
5.17%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 31, 2003
Sold by
Tenza Corazon B
Bought by
Tenza Narciso P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$286,000
Interest Rate
5.17%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Oct 7, 2002
Sold by
Tenza Narciso P and Constancia T Cortez Living Tru
Bought by
Tenza Narciso P

Purchase Details

Closed on
Apr 18, 1997
Sold by
Cortez Constancia T
Bought by
Cortez Constancia T and Constancia T Cortez Living Tru
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
Freistuhler Barbara $1,430,000 Fidelity National Title Co
Luther Bobbi Sue $715,000 California Title Company
Wagner Danielle -- None Available
Wagner Danielle $385,000 Orange Coast Title Co
Tenza Narciso P -- Landsafe Title Company
Tenza Narciso P -- --
Tenza Narciso P -- Fidelity National
Tenza Narciso P -- --
Cortez Constancia T -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Luther Bobbie Sue $526,500
Previous Owner Luther Bobbi Sue $533,850
Previous Owner Tenza Narciso P $80,000
Previous Owner Tenza Narciso P $625,000
Previous Owner Tenza Narciso P $333,000
Previous Owner Tenza Narciso P $50,000
Previous Owner Tenza Narciso P $286,000
Previous Owner Cortez Constancia T $20,000
Previous Owner Cortez Constancia T $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2019 07/26/19 Sold $1,430,000 -0.6% $732 / Sq Ft
06/29/2019 06/29/19 Pending -- -- --
06/20/2019 06/20/19 For Sale $1,439,000 -- $737 / 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 $18,641 $1,563,910 $1,093,645 $470,265
2024 $18,641 $1,533,246 $1,072,201 $461,045
2023 $18,276 $1,503,183 $1,051,178 $452,005
2022 $17,419 $1,473,710 $1,030,567 $443,143
2021 $17,207 $1,444,814 $1,010,360 $434,454
2020 $17,384 $1,430,000 $1,000,000 $430,000
2019 $9,678 $805,075 $523,581 $281,494
2018 $9,575 $789,290 $513,315 $275,975
2016 $9,144 $758,642 $493,383 $265,259
2015 $9,009 $747,247 $485,972 $261,275
2014 $9,045 $732,610 $476,453 $256,157
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 19-480534

The MLS

APN: 5424-026-004