NOT LISTED FOR SALE

1385 Allison Ave Los Angeles, CA 90026

Echo Park Neighborhood

Estimated Value: $808,000 - $2,336,000

8 Beds
4 Baths
4,348 Sq Ft
$342/Sq Ft Est. Value

Last Sold October 15, 2020

Last sale price $1,385,000 $319 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $10,320/month

14 Days on Market

Highlights

  • Craftsman Architecture
  • 4 Car Garage
  • North Facing Home
  • Wood Flooring

About This Home

As of October 2020

Get two houses and a duplex, all two-bedrooms...for the price of one! A rare historic fourplex, perfect for an owner/user or investor looking to get into one of Los Angeles' most charming and walkable neighborhoods. This Craftsman compound is composed of an up/down corner duplex (both 2/1s), with the lower unit being delivered vacant. A detached four car garage is next, then TWO adorable 2/1 bungalows, both street-facing. This rare combination of buildings is located in the famous Angelino Heights Historic Preservation Overlay Zone, and is walkable Echo Park's best new bars and restaurants on Sunset Blvd.

Last Agent to Sell the Property

Brock Harris

Keller Williams Realty Los Feliz License #01328996 Listed on: 08/20/2020

Keller Williams Realty Los Feliz

Last Buyer's Agent

Vincenzo Altamura

S C Real Estate License #01901957

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $30,400

Year Built

  • Built in 1904

Lot Details

  • 7,501 Sq Ft Lot
  • North Facing Home

Parking

  • 4 Car Garage

Home Design

  • Quadruplex
  • Craftsman Architecture
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 4,348 Sq Ft Home
  • 2-Story Property
  • Wood Flooring

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Utilities

  • Sewer in Street

Listing and Financial Details

  • Assessor Parcel Number 5405-002-025

Community Details

Overview

  • 4 Buildings
  • 4 Units

Building Details

  • Rent Control

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$30,400

Year Built

Built in 1904

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential Income
  • Style: Craftsman
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Alley: No
  • Living Area: 4348
  • Lot Acreage: 0.1722
  • Probate: No
  • Stories: 2
  • Year Built: 1904
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Hardwood
  • Bedrooms: 8
  • Total Bathrooms: 4.00
  • Price Per S Q F T: 343.84

Exterior Features

  • Direction Faces: North
  • Other Structures: None
  • Tennis Court Y/N: No
  • Pool: No
  • Roof: Composition, Shingle
  • Spa Yn: No
  • View: No

Garage/Parking

  • Garage Spaces: 4
  • Garage Structures: 1
  • Parking Garage: Garage Is Detached
  • Total Parking: 4

Utilities

  • Sewer: In Street
  • Water: In Street
  • Water Heaters: Yes

Lot Info

  • Assessed Improvement Percent: 35.13
  • Assessed Improvement Value: 316818
  • Assessed Land Percent: 64.87
  • Assessed Land Value: 585068
  • Total Assessed Value: 901886
  • Assessor Parcel Number: 5405-002-025
  • Lot Size Area: 7501

Rental Info

  • Total Actual Rent: 101940.00
  • Rent Control: Yes

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 14.60
  • Number Of Units: 4
  • Rent Control: 100
  • Type Of Units: Fourplex

MLS Schools

  • School District: Los Angeles Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 11, 2025
Sold by
Moerth-Cross Michele A
Bought by
Mcmanus Meagan and Sun Sathia
Current Estimated Value
$1,487,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$603,750
Outstanding Balance
$600,134
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$887,533

Purchase Details

Closed on
May 2, 2024
Sold by
1385 Allison Ave Lp
Bought by
Son Mijin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$633,750
Interest Rate
6.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 11, 2024
Sold by
1385 Allison Ave Lp
Bought by
Son Mijin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$633,750
Interest Rate
6.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 7, 2023
Sold by
Wheeler Sheri
Bought by
Wheeler Shea Liam

Purchase Details

Listed on
Aug 20, 2020
Closed on
Oct 9, 2020
Sold by
Walker Jacob M and Olsen Audrey A
Bought by
1385 Allison Ave Lp
Seller's Agent
Brock Harris
Keller Williams Realty Los Feliz
Buyer's Agent
Vincenzo Altamura
S C Real Estate
List Price
$1,495,000
Sold Price
$1,385,000
Premium/Discount to List
-$110,000
-7.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.43%
Original Mortgage
$1,540,662
Interest Rate
2.9%
Mortgage Type
Construction

Purchase Details

Closed on
May 25, 2011
Sold by
Debruhl Noelle
Bought by
Walker Jacob M and Olsen Audrey A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$612,750
Interest Rate
4.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 19, 2002
Sold by
Lalien Phung
Bought by
Debruhl Noelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,400
Interest Rate
6.85%

Purchase Details

Closed on
Dec 28, 2000
Sold by
Lalien P and Lalien La Anh
Bought by
Lalien Phung
Source: Public Records

Range of Values:

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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
Mcmanus Meagan $805,000 Chicago Title Company
Son Mijin $845,000 Chicago Title Company
Son Mijin $845,000 Chicago Title Company
Wheeler Shea Liam -- None Listed On Document
1385 Allison Ave Lp $1,385,000 Lawyers Title
Walker Jacob M $817,000 Lawyers Title
Debruhl Noelle $301,000 Stewart Title
Lalien Phung -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcmanus Meagan $603,750
Previous Owner Son Mijin $633,750
Previous Owner Son Mijin $633,750
Previous Owner 1385 Allison Ave Lp $1,540,662
Previous Owner Walker Jacob M $612,750
Previous Owner Debruhl Noelle $240,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/15/2020 10/15/20 Sold $1,385,000 -7.4% $319 / Sq Ft
09/03/2020 09/03/20 Pending -- -- --
08/20/2020 08/20/20 For Sale $1,495,000 -- $344 / 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 $30,400 $3,060,190 $1,999,142 $1,061,048
2024 $30,400 $2,488,298 $1,590,797 $897,501
2023 $29,807 $2,439,508 $1,559,605 $879,903
2022 $28,498 $2,391,675 $1,529,025 $862,650
2021 $16,866 $1,385,000 $800,000 $585,000
2020 $12,070 $957,087 $620,878 $336,209
2019 $11,603 $938,321 $608,704 $329,617
2018 $11,443 $919,923 $596,769 $323,154
2016 $10,909 $884,203 $573,597 $310,606
2015 $10,753 $870,923 $564,982 $305,941
2014 $10,808 $853,864 $553,915 $299,949
Source: Public Records

Agents Affiliated with this Home

  • Brock Harris

    Seller's Agent in 2020

    Brock Harris

    Keller Williams Realty Los Feliz

    (213) 842-7625

    12 in this area

    206 Total Sales

    Brock Harris
    Section Image
  • Vincenzo Altamura

    Buyer's Agent in 2020

    Vincenzo Altamura

    S C Real Estate

    (310) 562-4131

    50 Total Sales

    Vincenzo Altamura
    Section Image
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Map

Source: The MLS

MLS Number: 20-619880

The MLS

APN: 5405-002-025

California Los Angeles County Los Angeles 90026 Echo Park

1385 Allison Ave, Los Angeles, CA

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