NOT LISTED FOR SALE

1311 Waterloo St Los Angeles, CA 90026

Echo Park Neighborhood

Estimated Value: $954,221 - $1,698,000

0.18 Acre
$6,878,083 Price per Acre
7,909 Sq Ft Lot

Last Sold October 13, 2017

Last sale price $700,000 $381 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $7,399/month

18 Days on Market

About This Lot

As of October 2017

BUILDERS, DEVELOPERS AND INVESTORS, this is the project you've been looking for ! This property is located in an extremely desirable area of Los Angeles on a residential street nestled between Silver Lake and Echo Park. Zoned RD2 with several options per Property Development Analysis: single-family residence, duplex, three apartment units, three condo units and potentially the development of 3 Small Lot Subdivisions Units. Reports available upon request. Walking distance to many restaurants, shopping and entertainment in sought after neighborhood. A rare offering just minutes from newly revitalized and pedestrian friendly Sunset, Mohawk and Alvarado triangle. Buyer is advised to independently investigate all aspects of the property including feasibility of construction.

Last Agent to Sell the Property

Elena Jovis

Nourmand & Associates-BH License #01853376 Listed on: 09/08/2017

Nourmand & Associates-BH

Last Buyer's Agent

Esau Tenorio

Esau Tenorio License #01171617

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $11,029

Lot Details

  • 7,909 Sq Ft Lot
  • Property is zoned LARD2

Property Views

  • Views of a landmark
  • Mountain

Listing and Financial Details

  • Assessor Parcel Number 5424-023-009

Property Details

Property Type

Land

Est. Annual Taxes

$11,029

Lot Details

0

Listing Details

  • Property Type: Land
  • Street Number Display: Yes
  • Advertising Remarks: BUILDERS, DEVELOPERS AND INVESTORS, this is the project you've been looking for ! This property is located in an extremely desirable area of Los Angeles on a residential streetnestled between Silver Lake and Echo Park. Zoned RD2 with several options per Property Development Analysis: single-family residence, duplex, three apartment units,three condo units and potentially the development of 3 Small Lot Subdivisions Units. Reports available upon request. Walking distance to many restaurants, shopping andentertainment in sought after neighborhood. A rare offering just minutes from newly revitalized and pedestrian friendly Sunset, Mohawk and Alvarado triangle. Buyer isadvised to independently investigate all aspects of the property including feasibility of construction.
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Landmark, Mountains
  • View: Yes

Utilities

  • Cable: No
  • Telephone: No

Lot Info

  • Assessor Parcel Number: 5424-023-009
  • Geocode Override: No
  • Lot Size Area: 7909

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 8, 2017
Closed on
Sep 26, 2017
Sold by
Allegeerschecque Anne Alexandra Lejeune D
Bought by
Jp Solutions Llc
Seller's Agent
Elena Jovis
Nourmand & Associates-BH
Buyer's Agent
Esau Tenorio
Esau Tenorio
List Price
$750,000
Sold Price
$700,000
Premium/Discount to List
-$50,000
-6.67%
Current Estimated Value
$1,238,055

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$538,055
Avg. Annual Appreciation
7.35%

Purchase Details

Listed on
Aug 28, 2014
Closed on
Nov 19, 2014
Sold by
Bown Amie
Bought by
Allegeershecque Anne Alexandra Lejeune D and Moret Francois
Seller's Agent
Dene Molina-Cabrera
Empiric Brokers Realty
Buyer's Agent
Elena Jovis
Nourmand & Associates-BH
List Price
$399,999
Sold Price
$575,000
Premium/Discount to List
$175,001
43.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.02%
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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 Buyer Sale Price Title Company
Jp Solutions Llc $700,000 First American Title Co
Allegeershecque Anne Alexandra Lejeune D $575,000 First American Title Company
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/13/2017 10/13/17 Sold $700,000 -6.7% $381 / Sq Ft
09/26/2017 09/26/17 Pending -- -- --
09/08/2017 09/08/17 For Sale $750,000 +30.4% $409 / Sq Ft
11/21/2014 11/21/14 Sold $575,000 +43.8% $313 / Sq Ft View Prior Sale
09/22/2014 09/22/14 Pending -- -- --
08/28/2014 08/28/14 For Sale $399,999 -- $218 / 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 $11,029 $796,478 $796,478 --
2024 $11,029 $780,861 $780,861 --
2023 $9,251 $765,550 $765,550 $0
2022 $8,812 $750,540 $750,540 $0
2021 $8,712 $735,824 $735,824 $0
2019 $8,447 $714,000 $714,000 $0
2018 $8,396 $700,000 $700,000 $0
2016 $7,133 $583,768 $582,753 $1,015
2015 $7,030 $575,000 $574,000 $1,000
2014 $2,059 $41,546 $29,974 $11,572
Source: Public Records

Agents Affiliated with this Home

  • Elena Jovis

    Seller's Agent in 2017

    Elena Jovis

    Nourmand & Associates-BH

    (310) 866-7385

    40 Total Sales

    Elena Jovis
    Section Image
  • Esau Tenorio

    Buyer's Agent in 2017

    Esau Tenorio

    Esau Tenorio

    (213) 858-2509

    11 Total Sales

    Esau Tenorio
    Section Image

  • D

    Seller's Agent in 2014

    Dene Molina-Cabrera

    Empiric Brokers Realty

    (562) 756-0410

    33 Total Sales

    Dene Molina-Cabrera
    Section Image
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Map

Source: The MLS

MLS Number: 17-268262

The MLS

APN: 5424-023-009

California Los Angeles County Los Angeles 90026 Echo Park

1311 Waterloo St, Los Angeles, CA

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