NOT LISTED FOR SALE

1355 Portia St Los Angeles, CA 90026

Echo Park Neighborhood

Estimated Value: $987,000 - $1,650,584

5 Beds
3 Baths
2,186 Sq Ft
$575/Sq Ft Est. Value

Last Sold November 21, 2016

Last sale price $475,000 $217 Per Sq Ft

Est. 165% increase in value since last sale

Current estimated payment $7,758/month

13 Days on Market

About This Home

As of November 2016

PROBATE AUCTION!!! GREAT OPPORTUNITY TO BUY 2 HOUSES ON A LOT IN THE ECHO PATK AREA OF LOS ANGELES. THE FRONT FIXER HOUSE (1355 PORTIA STREET) FEATURES 2 BEDROOMS, 2 BATHROOMS, LIVING ROOM, DINING AREA AND KITCHEN. BACK DETACHED UNIT (1355½ PORTIA STREET) FEATURES 3 BEDROOMS, 1 BATH, LIVING ROOM AND LAUNDRY ROOM (LAUNDRY ROOM MIGHT NOT BE PERMITTED). BUYERS TO VERIFY ALL PERMITS AS ACTUAL BEDROOM COUNT IS DIFFERENT FROM PUBLIC RECORDS. OCCUPANTS LIVING IN BOTH UNITS. NO LEASES HAVE BEEN PROVIDED. PROPERTY CURRENTLY NOTICED AS SUBSTANDARD. COPY OF VIOLATIONS AVAILABLE UPON REQUEST. PROPERTY CURRENTLY IN REAP PROGRAM. SOLD SUBJECT TO EXISTING OCCUPANCY. IT WILL BE BUYER’S RESPONSIBILITY, AT BUYER’S EXPENSE TO CORRECT ALL VIOLATIONS AND COMPLY WITH REAP AFTER THE CLOSE OF ESCROW.

Last Agent to Sell the Property

Larry Weiner

Flans & Weiner, Inc. License #00945753 Listed on: 09/01/2016

Last Buyer's Agent

Out Of Area Southland

SOUTHLAND

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,099

Year Built

  • Built in 1898

Lot Details

  • 4,705 Sq Ft Lot
  • No Common Walls

Home Design

  • 2,186 Sq Ft Home

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Parking

  • Parking Available
  • Driveway

Utilities

  • Septic Type Unknown

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 5653
  • Assessor Parcel Number 5406001002

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,099

Year Built

Built in 1898

Lot Details

0

Listing Details

  • Property Attached: No
  • Road Frontage Type: City Street
  • Zoning: LARD2
  • Property Type: Residential Income
  • Parcel Number: 5406001002
  • Year Built: 1898
  • Special Features: Auction
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 217.29

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway

Utilities

  • Sewer: Unknown
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 4705.00
  • Price Per Lot Square Foot: 100.96

Multi Family

  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: Yes

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 5653

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 16, 2016
Sold by
Campos Frank J and Estate Of Catalina M Campos
Bought by
1355 Portia Llc
Current Estimated Value
$1,256,396
Source: Public Records

Range of Values:

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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
1355 Portia Llc $475,000 Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 1355 Portia Llc $931,000
Closed 1355 Portia Llc $375,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/21/2016 11/21/16 Sold $475,000 0.0% $217 / Sq Ft
09/14/2016 09/14/16 Pending -- -- --
09/01/2016 09/01/16 For Sale $475,000 -- $217 / 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
2025 $11,099 $917,903 $551,275 $366,628
2024 $11,099 $899,906 $540,466 $359,440
2023 $10,884 $882,262 $529,869 $352,393
2022 $10,377 $864,964 $519,480 $345,484
2021 $10,245 $848,005 $509,295 $338,710
2020 $10,348 $839,310 $504,073 $335,237
2019 $9,938 $822,854 $494,190 $328,664
2018 $6,001 $484,500 $484,500 $0
2016 $626 $45,305 $23,792 $21,513
2015 $618 $44,625 $23,435 $21,190
2014 $633 $43,751 $22,976 $20,775
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2016

    Larry Weiner

    Flans & Weiner, Inc.

    (818) 501-4888

    1 in this area

    279 Total Sales

    Larry Weiner
    Section Image

  • O

    Buyer's Agent in 2016

    Out Of Area Southland

    SOUTHLAND

  • N

    Buyer's Agent in 2016

    NoEmail NoEmail

    SOUTHLAND

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR16192830

California Regional Multiple Listing Service (CRMLS)

APN: 5406-001-002

California Los Angeles County Los Angeles 90026 Echo Park

1355 Portia St, Los Angeles, CA

This home is located at 1355 Portia St, Los Angeles, CA 90026 since 01 September 2016 and is currently estimated at $1,256,396, approximately $574 per square foot. This property was built in 1898. 1355 Portia St is a home located in Los Angeles County with nearby schools including Logan Academy of Global Ecology, Ramón C. Cortines School of Visual and Performing Arts, and Belmont High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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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