$1,195,000
SOLD JUL 31, 2024
3 Beds
2 Baths
1,235 Sq Ft
1,656 Sq Ft Lot

Recently Sold

$968 Per Sq Ft

155 Days on Market

Highlights

  • City Lights View
  • No HOA
  • Cooling System Mounted To A Wall/Window
  • Fireplace in Bathroom
  • Hiking Trails
  • Laundry Room

About This Home

As of July 2024

Stunning Spanish style duplex is located in the heart of Echo Park! The property is nestled just off of Sunset Blvd. giving it excellent walk-ability to all that Echo Park has to offer. The units have tons of charm and offer some great original details!

Last Agent to Sell the Property

Anthony Granados

Beverly and Company, Inc. Brokerage Phone: 626-607-7079 License #01964081 Listed on: 02/12/2024

Beverly and Company, Inc.

Last Buyer's Agent

Deborah Wolsh

Compass License #01903673

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,803

Year Built

  • Built in 1921

Lot Details

  • 1,656 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 1 Car Garage

Home Design

  • Duplex
  • Bungalow

Interior Spaces

  • 1,235 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • City Lights Views

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms
  • Fireplace in Bathroom

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Outdoor Features

  • Exterior Lighting

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating Available
  • Natural Gas Connected

Listing and Financial Details

  • Tax Lot 8
  • Tax Tract Number 1973
  • Assessor Parcel Number 5419027013
  • $185 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Recreation

  • Dog Park
  • Hiking Trails
  • Bike Trail

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $984
  • Other Expense $213
  • Pest Control $476
  • Trash Expense $238
  • Water Sewer Expense $804
  • Operating Expense $14,973
  • Gross Income $73,200
  • Net Operating Income $58,226

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,803

Year Built

Built in 1921

Lot Details

0

Parking

1

Listing Details

  • Price Per Unit: 599500
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: Yes
  • Water Sewer Expenses: 804.00
  • Zoning: LAR3
  • Architectural Style: Bungalow
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 5419027013
  • Year Built: 1921
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Stories: 2
  • Entry Location: street
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Fireplace Features: Bath, Dining Room, Living Room
  • Price Per Square Foot: 967.61

Exterior Features

  • View: City Lights
  • Pool Private: No
  • Spa: No
  • Construction Materials: Unknown

Garage/Parking

  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Electricity Available, Natural Gas Connected, Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Pest Control Expense: 476.00
  • Sewer: Public Sewer
  • Trash Expense: 238.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Dog Park, Hiking, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 1656.00
  • Lot Size Acres: 0.0380
  • Latitude Manual: 34.07660100

Multi Family

  • Gross Income: 73200.00
  • Gross Operating Income: 73200.00
  • Gross Scheduled Income: 73200.00
  • Insurance Expense: 984.00
  • Lot Size Area: 1656.0000 Square Feet
  • Net Operating Income: 58226.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Number Wall A C: 2
  • Operating Expense: 1518.00
  • Other Expense: 213.00
  • Rent Control: Yes
  • Total Expenses: 14973.00

Tax Info

  • Tax Census Tract: 1973.00
  • Tax Lot: 8
  • Tax Tract Number: 1973
  • TaxOtherAnnualAssessmentAmount: 185.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 12, 2024
Closed on
Jul 24, 2024
Sold by
Cheng William
Bought by
Digiulio East Siena
Seller's Agent
Anthony Granados
Beverly and Company, Inc.
Buyer's Agent
Deborah Wolsh
Compass
List Price
$1,200,000
Sold Price
$1,195,000
Premium/Discount to List
-$5,000
-0.42%
Total Days on Market
155
Views
102
Current Estimated Value
$1,167,158

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$27,842
Avg. Annual Appreciation
-2.80%
Original Mortgage
$956,000
Outstanding Balance
$949,438
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$217,720

Purchase Details

Listed on
May 11, 2018
Closed on
Jun 1, 2018
Sold by
Connell Heidi S O and The John D O Connell And Heidi
Bought by
Cheng William
Seller's Agent
John Christopher
Compass
Buyer's Agent
Henry Calistro
Keller Williams Signature Realty
List Price
$949,000
Sold Price
$961,450
Premium/Discount to List
$12,450
1.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.67%
Original Mortgage
$692,244
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 26, 2016
Sold by
Connell Heidi Spelman O
Bought by
John D Oconnell & Heidi S Oconnell 1999

Purchase Details

Closed on
Nov 24, 2015
Sold by
Smith Jennifer and Weber Edward Palmer
Bought by
Connell Heidi Spelman O

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
3.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 12, 2013
Sold by
Smith Jennifer and Weber Edward
Bought by
Smith Jennifer and Weber Edward Palmer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$370,000
Interest Rate
4.18%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 7, 2013
Sold by
Smallsville Llc
Bought by
Smith Jennifer and Weber Edward

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$373,000
Interest Rate
3.47%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 10, 2008
Sold by
Smith Jennifer
Bought by
Smallsville Llc

Purchase Details

Closed on
Mar 26, 2004
Sold by
Leslie David A
Bought by
Smith Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$342,000
Interest Rate
5.86%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 30, 2002
Sold by
Zozula Ksenia and Zozula Orest
Bought by
Leslie David A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,250
Interest Rate
6.12%
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 $1,195,000 Chicago Title Company
Grant Deed $961,500 Equity Title Los Angeles
Interfamily Deed Transfer -- Equity Title Los Angeles
Interfamily Deed Transfer -- None Available
Grant Deed $730,000 First American Title Ins Co
Interfamily Deed Transfer -- First American Title
Grant Deed -- First American Title
Grant Deed -- None Available
Grant Deed $380,000 Old Republic Title Company
Individual Deed $226,590 Commonwealth
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $956,000 New Conventional
Previous Owner $642,000 New Conventional
Previous Owner $689,535 New Conventional
Previous Owner $692,244 New Conventional
Previous Owner $533,850 New Conventional
Previous Owner $365,000 New Conventional
Previous Owner $370,000 New Conventional
Previous Owner $373,000 New Conventional
Previous Owner $100,000 Stand Alone Second
Previous Owner $385,000 Unknown
Previous Owner $342,000 Purchase Money Mortgage
Previous Owner $181,250 No Value Available
Closed $45,300 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2024 07/31/24 Sold $1,195,000 -0.3% $968 / Sq Ft
06/23/2024 06/23/24 Price Changed $1,199,000 -0.1% $971 / Sq Ft
05/17/2024 05/17/24 Price Changed $1,200,000 +2.1% $972 / Sq Ft
03/19/2024 03/19/24 Price Changed $1,175,000 -2.1% $951 / Sq Ft
02/12/2024 02/12/24 For Sale $1,200,000 +24.8% $972 / Sq Ft
07/18/2018 07/18/18 Sold $961,450 +1.3% $779 / Sq Ft
05/11/2018 05/11/18 For Sale $949,000 +30.0% $768 / Sq Ft
01/25/2016 01/25/16 Sold $730,000 -2.5% $591 / Sq Ft
11/23/2015 11/23/15 Pending -- -- --
09/07/2015 09/07/15 For Sale $749,000 -- $606 / 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
2024 $12,803 $1,051,482 $832,755 $218,727
2023 $12,552 $1,030,866 $816,427 $214,439
2022 $11,962 $1,010,654 $800,419 $210,235
2021 $11,818 $990,838 $784,725 $206,113
2019 $11,460 $961,750 $761,450 $200,300
2018 $9,326 $767,594 $577,942 $189,652
2017 $9,029 $744,600 $561,000 $183,600
2016 $7,318 $603,335 $416,094 $187,241
2015 $7,211 $594,273 $409,844 $184,429
2014 $7,241 $582,633 $401,816 $180,817
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PF24030367

California Regional Multiple Listing Service (CRMLS)

APN: 5419-027-013