NOT LISTED FOR SALE

1354 N Benton Way Los Angeles, CA 90026

Echo Park Neighborhood

Estimated Value: $1,744,000 - $2,008,000

4 Beds
3 Baths
1,914 Sq Ft
$984/Sq Ft Est. Value

Last Sold July 15, 2024

Last sale price $1,891,000 $988 Per Sq Ft

Current estimated payment $10,420/month

7 Days on Market

Highlights

  • City View
  • Wood Flooring
  • 2 Car Garage
  • John Marshall Senior High Rated A
  • Spanish Architecture
  • Laundry Room

About This Home

As of July 2024

First time on the market in 50 years! Location is everything, and these two separate homes on one lot are a rare find. Built in 1923, this charming, well-loved and maintained Spanish style home sits prominently above the street with expansive treetop, and hillside views. The front house, with its open floorplan and light-filled windows features three bedrooms and two baths, with one ensuite. The upgrades include new painting, light fixtures, well-maintained wood floors, a silicon roof, and refreshed landscaping. A lovely, hidden and romantic one bedroom, one bath casita resides in the rear. Both homes feature an inviting indoor-outdoor flow, laundry rooms, private, and enclosed patios with decking. A spacious two-car garage (with a third parking space) adds to the practicality and charm. If location is what you're looking for, look no further. A close distance to the Silver Lake Reservoir, Botanica, Pijji Palace, Modo Yoga, and Bodega Park, 1354 North Benton Way is seconds away from the pulse of Silver Lake, and if it's a house you're looking for, this one is your home.

Last Agent to Sell the Property

Richard Draughon

Sotheby's International Realty License #02237599 Listed on: 06/07/2024

Sotheby's International Realty

Co-Listed By

Laura Thomas-Mullen

Sotheby's International Realty License #01971075

Last Buyer's Agent

Staci Pratt

SERV CORP License #02139163

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,889

Year Built

  • Built in 1923

Lot Details

  • 6,738 Sq Ft Lot
  • West Facing Home
  • Sprinkler System

Parking

  • 2 Car Garage
  • 1 Open Parking Space

Property Views

  • City
  • Hills

Home Design

  • Spanish Architecture

Interior Spaces

  • 1,914 Sq Ft Home
  • 1-Story Property
  • Alarm System

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Sewer in Street

Listing and Financial Details

  • Tenant pays for electricity, insurance, trash collection
  • The owner pays for gardener
  • Assessor Parcel Number 5424-016-002

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • Rent Control

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,889

Year Built

Built in 1923

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Style: Spanish
  • Levels: One
  • Street Number Display: Yes
  • Living Area: 1914
  • Lot Acreage: 0.1547
  • Probate: No
  • Year Built: 1923
  • Number Of Photos: 39
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Number Dishwasher: 1
  • Number Disposal: 1
  • Number Range: 2
  • Number Refrigerator: 1
  • Flooring: Hardwood, Ceramic Tile
  • Bedrooms: 4
  • Laundry: Room
  • Total Bathrooms: 3.00
  • Equipment: Alarm System, Dishwasher, Dryer, Electric Dryer Hookup, Gas Dryer Hookup, Range/Oven, Refrigerator, Washer
  • Inclusions: All appliances in front unit.
  • Price Per S Q F T: 986.42

Exterior Features

  • Direction Faces: West
  • Other Structures: None
  • Number Patio: 2
  • View: Tree Top, Hills, City
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Other Spaces: 1
  • Parking Garage: Garage - 2 Car, Garage Is Detached
  • Total Parking: 3

Utilities

  • Cooling: Air Conditioning, Central
  • Heating: Central, Forced Air
  • Number Electric Meters: 2
  • Number Gas Meters: 2
  • Sewer: In Street
  • Water: Public
  • Water Heaters: Yes

Lot Info

  • Sprinklers: Sprinkler System
  • Assessed Improvement Percent: 50.17
  • Assessed Improvement Value: 65702
  • Assessed Land Percent: 49.83
  • Assessed Land Value: 65258
  • Total Assessed Value: 130960
  • Assessor Parcel Number: 5424-016-002
  • Lot Size Area: 6738

Rental Info

  • Owner Pays: Gardener
  • Rent Control: Yes
  • Tenant Pays: Electricity, Insurance, Trash Collection

Multi Family

  • Unit Type: 2106, 2107
  • Number Of Units: 2
  • Total Annual Expense: 0
  • Type Of Units: Separate
  • Vacancy Rate: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2024
Closed on
Jul 8, 2024
Sold by
Mccloud Suwara Trust and Mccloud Peggy
Bought by
Hui Gang and Hui Ruby
Seller's Agent
Richard Draughon
Sotheby's International Realty
Buyer's Agent
Staci Pratt
SERV CORP
List Price
$1,888,000
Sold Price
$1,891,000
Premium/Discount to List
$3,000
0.16%
Views
7
Current Estimated Value
$1,883,665

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$7,335
Avg. Annual Appreciation
-0.36%
Original Mortgage
$1,040,050
Outstanding Balance
$1,029,546
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
$854,119

Purchase Details

Closed on
Dec 27, 2022
Sold by
Suwara June A
Bought by
Mccloud Suwara Trust
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
Hui Gang $1,891,000 Equity Title - Los Angeles
Mccloud Suwara Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hui Gang $1,040,050
Previous Owner Suwara June A $95,300
Previous Owner Suwara June A $135,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2024 07/15/24 Sold $1,891,000 +0.2% $988 / Sq Ft
06/14/2024 06/14/24 Pending -- -- --
06/07/2024 06/07/24 For Sale $1,888,000 -- $986 / 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 $1,889 $1,891,000 $1,400,000 $491,000
2024 $1,889 $133,579 $66,563 $67,016
2023 $1,857 $130,960 $65,258 $65,702
2022 $1,776 $128,393 $63,979 $64,414
2021 $1,744 $125,876 $62,725 $63,151
2020 $1,757 $124,586 $62,082 $62,504
2019 $1,696 $122,144 $60,865 $61,279
2018 $1,642 $119,750 $59,672 $60,078
2016 $1,549 $115,101 $57,355 $57,746
2015 $1,529 $113,373 $56,494 $56,879
2014 $1,548 $111,153 $55,388 $55,765
Source: Public Records

Agents Affiliated with this Home

  • Richard Draughon

    Seller's Agent in 2024

    Richard Draughon

    Sotheby's International Realty

    (818) 744-3448

    1 in this area

    3 Total Sales

    Section Image
  • Laura Thomas-Mullen

    Seller Co-Listing Agent in 2024

    Laura Thomas-Mullen

    Sotheby's International Realty

    (323) 240-6600

    2 in this area

    48 Total Sales

    Section Image

  • S

    Buyer's Agent in 2024

    Staci Pratt

    SERV CORP

    (310) 850-2135

    1 in this area

    11 Total Sales

    Section Image
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Map

Source: The MLS

MLS Number: 24-398185

The MLS

APN: 5424-016-002

California Los Angeles County Los Angeles 90026 Echo Park

1354 N Benton Way, Los Angeles, CA

This home is located at 1354 N Benton Way, Los Angeles, CA 90026 since 07 June 2024 and is currently estimated at $1,883,665, approximately $984 per square foot. This property was built in 1923. 1354 N Benton Way is a home located in Los Angeles County with nearby schools including Mayberry Street Elementary, Thomas Starr King Middle School Film and Media Magnet, and John Marshall Senior High.

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The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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