NOT LISTED FOR SALE

1421 Mohawk St Los Angeles, CA 90026

Echo Park Neighborhood

Estimated Value: $1,327,000 - $2,265,000

8 Beds
5 Baths
2,881 Sq Ft
$624/Sq Ft Est. Value

Last Sold April 08, 2019

Last sale price $1,475,000 $512 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $10,882/month

50 Days on Market

About This Home

As of April 2019

We are pleased to introduce 1421 Mohawk Street, Los Angeles, CA 90026 - A quaint Four Plex located in the cusp of Silverlake/Echo Park. Built in the 1920s, these charming units offer the character of 1920s allure with modern upgrades and recent renovations. The four units are allocated among three separate buildings; all of which sit on the large 7,492 SF lot (Zoned R3). Two separate bungalows provide curb appeal and a rear duplex, on two levels, in the back. These apartments are abnormally large with a very attractive unit mix: One (3+2) owners unit, two (2+1)s, and one spacious (1+1). The largest unit, a three bedroom two bath apartment, is currently vacant and provides a perfect 'owner user' opportunity for an intelligent buyer. Rental demand for this pocket is unprecedented; an investor can take advantage of the tremendous amount of value added upside. Onsite parking is available for all units. 1421 Mohawk Street is located near many popular restaurants and bars.

Last Agent to Sell the Property

Enrique Viramontes

Remax Commercial and Investment Realty License #01372010 Listed on: 01/03/2019

Last Buyer's Agent

Stephen Watson

Keller Williams Los Angeles License #01187813

Keller Williams Los Angeles

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 7,492 Sq Ft Lot

Home Design

  • 2,881 Sq Ft Home

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 5 Bathrooms

Parking

  • 5 Parking Spaces
  • Uncovered Parking

Community Details

  • 3 Buildings
  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 5424-024-024

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

7,492 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 2881
  • Year Built: 1920
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 8
  • Total Bathrooms: 5.00
  • Price Per S Q F T: 538.01

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Parking Garage: Uncovered
  • Total Parking: 5

Lot Info

  • Assessed Improvement Value: 179150
  • Assessed Land Value: 616154
  • Assessor Parcel Number: 5424-024-024
  • Geocode Override: No
  • Lot Size Area: 7492

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 14.52
  • Number Of Units: 4
  • Type Of Units: Apartment

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 14, 2022
Sold by
Watson Michael J
Bought by
Michael Watson Separte Property Trust and Watson
Current Estimated Value
$1,794,572

Purchase Details

Listed on
Jan 3, 2019
Closed on
Mar 27, 2019
Sold by
Watson Brenda Lainfiesta
Bought by
Watson Stephen F
Seller's Agent
Enrique Viramontes
Remax Commercial and Investment Realty
Buyer's Agent
Stephen Watson
Keller Williams Los Angeles
List Price
$1,550,000
Sold Price
$1,475,000
Premium/Discount to List
-$75,000
-4.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.90%
Original Mortgage
$700,000
Interest Rate
4.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jan 3, 2019
Closed on
Feb 27, 2019
Sold by
Elephant Enterprises Llc
Bought by
Watson Stephen F and Watson Michael J
Seller's Agent
Enrique Viramontes
Remax Commercial and Investment Realty
Buyer's Agent
Stephen Watson
Keller Williams Los Angeles
List Price
$1,550,000
Sold Price
$1,475,000
Premium/Discount to List
-$75,000
-4.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
4.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 28, 2014
Sold by
Hsiang Benjamin and Hsiang Jade
Bought by
Elephant Enterprises Llc

Purchase Details

Listed on
Sep 12, 2013
Closed on
Nov 4, 2013
Sold by
Rasmussen Carrie and Ernest C Gutierrez Living Trus
Bought by
Hsiang Benjamin and Hsiang Jade
Seller's Agent
Enrique Viramontes
Remax Commercial and Investment Realty
Buyer's Agent
Benjamin Hsiang
Realty Investment Advisors, Inc.
List Price
$725,000
Sold Price
$735,000
Premium/Discount to List
$10,000
1.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.58%
Original Mortgage
$644,000
Interest Rate
4.04%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 25, 2001
Sold by
Gutierrez Ernest C
Bought by
The Ernest C Gutierrez Living Trust
Source: Public Records

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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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
Michael Watson Separte Property Trust -- Fidelity National Title
Watson Stephen F -- Fidelity National Title Co
Watson Michael J -- Fidelity National Title Co
Watson Stephen F $1,475,000 Fidelity National Title Co
Elephant Enterprises Llc -- None Available
Hsiang Benjamin $735,000 Ticor Title Company
The Ernest C Gutierrez Living Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Watson Stephen F $700,000
Previous Owner Hsiang Benjamin $644,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/08/2019 04/08/19 Sold $1,475,000 -4.8% $512 / Sq Ft
02/22/2019 02/22/19 Pending -- -- --
01/03/2019 01/03/19 For Sale $1,550,000 +110.9% $538 / Sq Ft
12/12/2013 12/12/13 Sold $735,000 +1.4% $266 / Sq Ft View Prior Sale
10/21/2013 10/21/13 Pending -- -- --
09/12/2013 09/12/13 For Sale $725,000 -- $262 / Sq Ft
Source: The MLS

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 $19,760 $1,645,386 $1,310,732 $334,654
2024 $19,760 $1,613,125 $1,285,032 $328,093
2023 $19,376 $1,581,496 $1,259,836 $321,660
2022 $18,472 $1,550,487 $1,235,134 $315,353
2021 $18,250 $1,520,086 $1,210,916 $309,170
2020 $18,438 $1,504,500 $1,198,500 $306,000
2019 $10,099 $827,433 $641,046 $186,387
2018 $9,971 $811,210 $628,477 $182,733
2016 $9,529 $779,711 $604,073 $175,638
2015 $9,391 $768,000 $595,000 $173,000
2014 $9,217 $735,000 $570,000 $165,000
Source: Public Records

Agents Affiliated with this Home

  • Stephen Watson

    Buyer's Agent in 2019

    Stephen Watson

    Keller Williams Los Angeles

    (213) 221-7579

    2 in this area

    42 Total Sales

    Stephen Watson
    Section Image
  • Benjamin Hsiang

    Buyer's Agent in 2013

    Benjamin Hsiang

    Realty Investment Advisors, Inc.

    (424) 338-9523

    74 Total Sales

    Benjamin Hsiang
    Section Image
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Map

Source: The MLS

MLS Number: 19-419188

The MLS

APN: 5424-024-024

California Los Angeles County Los Angeles 90026 Echo Park

1421 Mohawk St, Los Angeles, CA

Not Listed for Sale

MultiFamily

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The MLS © 2026 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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