NOT LISTED FOR SALE

1420 Kellam Ave Los Angeles, CA 90026

Echo Park Neighborhood

Estimated Value: $1,126,000 - $1,879,524

3 Beds
2 Baths
1,480 Sq Ft
$918/Sq Ft Est. Value

Last Sold March 11, 2015

Last sale price $820,000 $554 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $8,493/month

11 Days on Market

Highlights

  • Spanish Architecture
  • Floor Furnace
  • 1-Story Property

About This Home

As of March 2015

Historic duplex in coveted Angelino Heights with enormous yard. This well loved 2 unit is a close distance to Echo Park/Echo Lake and Downtown L.A., offers a respite from city living with fruit trees, ample yard for parties/creature comforts. 2 market rate units: A 1br/1bath with high end appliances, granite counters and a 2br/1bath which is currently leased at $2,250. The second unit can be delivered vacant. Fantastic opportunity for Investor or Owner Occupant!

Last Agent to Sell the Property

Shannon Fenton

Compass License #01906521 Listed on: 01/15/2015

Compass

Co-Listed By

Joseph Fenton

Compass License #01929905

Last Buyer's Agent

Peter Tomlinson

Sotheby's International Realty License #01238435

Sotheby's International Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,221

Year Built

  • Built in 1922

Lot Details

  • 7,499 Sq Ft Lot

Home Design

  • Spanish Architecture

Interior Spaces

  • 1,480 Sq Ft Home
  • 1-Story Property
  • Dryer

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Parking

  • 2 Parking Spaces
  • Driveway

Utilities

  • Floor Furnace
  • Vented Exhaust Fan
  • Sewer in Street

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 5405-012-010

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,221

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: Spanish
  • Street Number Display: Yes
  • Living Area: 1480
  • Stories: 1
  • Year Built: 1922
  • Number Of Photos: 28
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 3
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Dishwasher, Dryer, Range/Oven, Refrigerator, Vented Exhaust Fan
  • Price Per S Q F T: 539.86

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Parking Garage: Driveway
  • Total Parking: 2

Utilities

  • Heating: Floor Furnace
  • Sewer: In Street

Lot Info

  • Assessed Improvement Value: 129300
  • Assessed Land Value: 520700
  • Assessor Parcel Number: 5405-012-010
  • Geocode Override: No
  • Lot Size Area: 7499

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Unit Type: 2106, 2107
  • Number Of Units: 2
  • Rent Control: 100
  • Total Annual Expense: 0
  • Type Of Units: 2
  • Vacancy Rate: 0%

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 15, 2015
Closed on
Mar 3, 2015
Sold by
Nourse Matthew Randall
Bought by
Nourse Matthew Randall and Nourse Chanez Belkebir
Seller's Agent
Shannon Fenton
Compass
Buyer's Agent
Peter Tomlinson
Sotheby's International Realty
List Price
$799,000
Sold Price
$820,000
Premium/Discount to List
$21,000
2.63%
Current Estimated Value
$1,359,131

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$539,131
Avg. Annual Appreciation
5.36%
Original Mortgage
$805,147
Interest Rate
4.12%
Mortgage Type
FHA

Purchase Details

Listed on
Jan 15, 2015
Closed on
Mar 2, 2015
Sold by
Nourse Chanez Belkebir
Bought by
Nourse Mathew Randall
Seller's Agent
Shannon Fenton
Compass
Buyer's Agent
Peter Tomlinson
Sotheby's International Realty
List Price
$799,000
Sold Price
$820,000
Premium/Discount to List
$21,000
2.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$805,147
Interest Rate
4.12%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 2, 2006
Sold by
Dorp Elizabeth Vom
Bought by
Dutton Jordan Allen and Kussman Mesha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 28, 2005
Sold by
Garibay Luis
Bought by
Vom Dorp Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,500
Interest Rate
5.9%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Mar 25, 1998
Sold by
Garibay Luis
Bought by
Garibay Luis and Garibay Cecilia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,283
Interest Rate
7.06%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 25, 1997
Sold by
Chernyshov Gabriella
Bought by
Garibay Luis and Garibay Cecilia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,450
Interest Rate
8.15%
Mortgage Type
FHA
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
Nourse Matthew Randall -- Accommodation
Nourse Matthew Randall $820,000 First American Title
Nourse Mathew Randall -- First American Title
Dutton Jordan Allen $749,000 Progressive Title Company
Vom Dorp Elizabeth $582,000 --
Vom Dorp Elizabeth -- Chicago Title Co
Garibay Luis -- North American Title
Garibay Luis -- Commonwealth Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nourse Matthew Randall $950,000
Closed Belkebir Nourse Matthew Randall $750,000
Closed Nourse Matthew Randall $805,147
Previous Owner Dutton Jordan Allen $550,000
Previous Owner Vom Dorp Elizabeth $145,500
Previous Owner Vom Dorp Elizabeth $436,500
Previous Owner Garibay Luis $123,283
Previous Owner Garibay Luis $122,450
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/11/2015 03/11/15 Sold $820,000 +2.6% $554 / Sq Ft
01/26/2015 01/26/15 Pending -- -- --
01/15/2015 01/15/15 For Sale $799,000 -- $540 / 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 $13,221 $1,099,229 $739,132 $360,097
2024 $13,221 $1,077,677 $724,640 $353,037
2023 $12,964 $1,056,547 $710,432 $346,115
2022 $12,358 $1,035,831 $696,502 $339,329
2021 $12,206 $1,015,522 $682,846 $332,676
2019 $11,839 $985,403 $662,594 $322,809
2018 $10,551 $866,135 $649,602 $216,533
2016 $10,088 $832,504 $624,378 $208,126
2015 $7,914 $650,000 $520,700 $129,300
2014 $8,104 $650,000 $520,700 $129,300
Source: Public Records

Agents Affiliated with this Home

  • Shannon Fenton

    Seller's Agent in 2015

    Shannon Fenton

    Compass

    (310) 365-6118

    2 in this area

    108 Total Sales

    Shannon Fenton
    Section Image

  • J

    Seller Co-Listing Agent in 2015

    Joseph Fenton

    Compass

    (323) 605-2780

    2 in this area

    62 Total Sales

    Joseph Fenton
    Section Image
  • Peter Tomlinson

    Buyer's Agent in 2015

    Peter Tomlinson

    Sotheby's International Realty

    (323) 854-6469

    14 Total Sales

    Peter Tomlinson
    Section Image
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Map

Source: The MLS

MLS Number: 15-821403

The MLS

APN: 5405-012-010

California Los Angeles County Los Angeles 90026 Echo Park

1420 Kellam Ave, Los Angeles, CA

This home is located at 1420 Kellam Ave, Los Angeles, CA 90026 since 15 January 2015 and is currently estimated at $1,359,131, approximately $918 per square foot. This property was built in 1922. 1420 Kellam Ave is a home located in Los Angeles County with nearby schools including Betty Plasencia Elementary School, Sal Castro Middle School, and Ramón C. Cortines School of Visual and Performing Arts.

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