NOT LISTED FOR SALE

Estimated Value: $864,000 - $3,628,237

0.17 Acres
$13,045,460 Price per Acre
7,500 Sq Ft Lot

Sale Details

Date Sold: November 14, 2017

Last sale price $1,900,000 $1,554 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $15,697 / mo

About This Lot

As of November 2017

Opportunity to acquire two side by side parcels in popular Echo Park. Views, walkability and an amazing neighborhood! Mere steps to Sunset, Guisados and Winsome --- and only blocks to Dodger Stadium, DTLA and all that Echo Park has to offer. CASH BUYER AND QUICK CLOSE STRONGLY PREFERRED. DRIVE BY ONLY.

Last Agent to Sell the Property

Courtney Smith

Compass License #01406768 Listed on: 11/09/2017

Compass

Last Buyer's Agent

Marcus McInerney

Reservoir Partners License #01848675

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Property Details

Property Type

  • Land

Lot Details

  • 7,500 Sq Ft Lot
  • Property is zoned LARD1.5

Property Views

  • City Lights Views

Listing and Financial Details

  • Assessor Parcel Number 5406-011-017

Property Details

Property Type

Land

Lot Details

7,500 Sq Ft Lot

Listing Details

  • Property Type: Land
  • Street Number Display: No
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: City Lights
  • View: Yes

Utilities

  • Cable: No
  • Telephone: No

Lot Info

  • Special Zoning: Property Report
  • Assessor Parcel Number: 5406-011-017
  • Geocode Override: No
  • Lot Size Area: 7500

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 12, 2021
Sold by
Bought by
Current Estimated Value
$2,246,119

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$9,214,000
Outstanding Balance
$8,089,081
Interest Rate
2.7%
Mortgage Type
Construction
Estimated Equity
-$5,842,962

Purchase Details

Closed on
Sep 2, 2020
Sold by
Bought by

Purchase Details

Listed on
Nov 9, 2017
Closed on
Nov 9, 2017
Sold by
Bought by
Seller's Agent
Courtney Smith
Compass
Buyer's Agent
Marcus McInerney
Reservoir Partners
List Price
$1,900,000
Sold Price
$1,900,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.94%
Original Mortgage
$2,923,350
Interest Rate
3.91%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 28, 2016
Sold by
Bought by

Purchase Details

Closed on
Jun 13, 2016
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
3.64%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 4, 2015
Closed on
Oct 19, 2015
Sold by
Bought by
Seller's Agent
Sergio Herrera
Beverly Hills Real Estate Investments, I
Buyer's Agent
Marcus McInerney
Reservoir Partners
List Price
$749,000
Sold Price
$825,000
Premium/Discount to List
$76,000
10.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.75%
Original Mortgage
$494,000
Interest Rate
3.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 10, 2008
Sold by
Bought by

Purchase Details

Closed on
Jun 27, 2005
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Echo Park, CA

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$3,100,000 Fntg Builder Services
-- Chicago Title
$1,900,000 Lawyers Title
-- None Available
-- Progressive Title
$760,000 Wfg National Title Company
-- None Available
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $9,214,000
Previous Owner $2,923,350
Previous Owner $500,000
Previous Owner $494,000
Previous Owner $129,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/14/2017 11/14/17 Sold $1,900,000 0.0% $1,554 / Sq Ft
11/09/2017 11/09/17 Pending -- -- --
11/09/2017 11/09/17 For Sale $1,900,000 +130.3% $1,554 / Sq Ft
10/28/2015 10/28/15 Sold $825,000 +10.1% $675 / Sq Ft View Prior Sale
08/04/2015 08/04/15 For Sale $749,000 -- $612 / Sq Ft
Source: The MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $39,941 $3,361,585 $1,677,769 $1,683,816
2024 $39,564 $3,295,672 $1,644,872 $1,650,800
2023 $19,479 $1,612,620 $1,612,620 $0
2022 $18,560 $1,581,000 $1,581,000 $0
2021 $10,886 $915,000 $915,000 $0
2020 $11,368 $936,360 $936,360 $0
2019 $10,911 $918,000 $918,000 $0
2018 $10,788 $900,000 $900,000 $0
2017 $9,412 $775,200 $620,160 $155,040
2016 $9,204 $760,000 $608,000 $152,000
2015 $8,204 $683,038 $600,222 $82,816
2014 $7,043 $572,000 $503,100 $68,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 17-288540

The MLS

APN: 5406-011-017

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