Seller's Agent in 2015
Matthew Bryant
M&M Bryant Real Estate Inc
(626) 441-3141
49 Total Sales
1455 1459 Morton Place Los Angeles, CA 90026
Echo Park NeighborhoodEstimated Value: $1,162,000 - $1,814,000
4
Beds
4
Baths
2,326
Sq Ft
$623/Sq Ft
Est. Value
Highlights
- City Lights View
- Traditional Architecture
- 3 Car Garage
- John Marshall Senior High Rated A
- Wood Flooring
About This Home
As of May 2015This 4-unit property is centrally located right near beautiful Elysian Park and close to Silver Lake, Dodger Stadium, Downtown Los Angeles and the Police Academy. The property consists of a 2-bedroom unit and 1-bedroom unit located in the front building. In the rear of the property are two stand-alone houses one of which is a 1-bedroom and the other is a studio. There are several outdoor patio areas on the property with views of the city lights. The property has a total of 5 parking spaces including 3 garage spaces. The tenant in the front 2-bedroom unit recently moved out so perfect for an owner/occupant buyer or to fix up as you wish. When fully occupied, annual rents were $52,380. Upside in rent for one unit. Great income producer with low turn-over. Property is subject to rent control. Please do not disturb tenant.
Last Agent to Sell the Property
M&M Bryant Real Estate Inc License #01302873 Listed on: 03/04/2015
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $12,055
Year Built
- Built in 1922
Lot Details
- 9,756
Parking
- 3 Car Garage
- Parking Available
Home Design
- Traditional Architecture
- Property Attached
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Bathrooms
Additional Features
- City Lights Views
- 9,756 Sq Ft Lot
Listing and Financial Details
- Assessor Parcel Number 5415011037
Community Details
Overview
- 4 Units
- Bryant Companies HOA
Building Details
- 3 Leased Units
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- 1 Separate Water Meter
- Operating Expense $18,333
- Gross Income $52,380
- Net Operating Income $34,047
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 4, 2015
Closed on
Mar 30, 2015
Sold by
Roberton Warren L and Warren Lester Robertson Living
Bought by
Meyerhoff Arthur and Nyholm Sidsel
Seller's Agent
Matthew Bryant
M&M Bryant Real Estate Inc
List Price
$675,000
Sold Price
$825,000
Premium/Discount to List
$150,000
22.22%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$624,904
Avg. Annual Appreciation
5.52%
Original Mortgage
$536,250
Outstanding Balance
$411,309
Interest Rate
3.64%
Mortgage Type
New Conventional
Estimated Equity
$1,038,595
Purchase Details
Closed on
Sep 12, 2000
Sold by
Robertson Warren L and Robertson Joseph Hubert
Bought by
Robertson Warren L and Warren Lester Robertson Living
Purchase Details
Closed on
Aug 7, 1996
Sold by
Olscamp Joseph H M
Bought by
Olscamp Joseph Hubert Mathew and Olscamp Joseph Hubert
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Meyerhoff Arthur | $825,000 | Lawyers Title | |
| Robertson Warren L | -- | -- | |
| Olscamp Joseph Hubert Mathew | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Meyerhoff Arthur | $536,250 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/06/2015 05/06/15 | Sold | $825,000 | +22.2% | $355 / Sq Ft |
| 03/27/2015 03/27/15 | Pending | -- | -- | -- |
| 03/04/2015 03/04/15 | For Sale | $675,000 | -- | $290 / Sq Ft |
Source: Pasadena-Foothills Association of REALTORS®
Tax History Compared to Growth
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 | $12,055 | $991,518 | $721,106 | $270,412 |
| 2024 | $12,055 | $972,077 | $706,967 | $265,110 |
| 2023 | $11,824 | $953,017 | $693,105 | $259,912 |
| 2022 | $11,279 | $934,331 | $679,515 | $254,816 |
| 2021 | $11,136 | $916,012 | $666,192 | $249,820 |
| 2020 | $11,245 | $906,621 | $659,362 | $247,259 |
| 2019 | $10,805 | $888,845 | $646,434 | $242,411 |
| 2018 | $10,707 | $871,417 | $633,759 | $237,658 |
| 2016 | $10,229 | $837,581 | $609,150 | $228,431 |
| 2015 | $2,845 | $210,994 | $115,089 | $95,905 |
| 2014 | $2,883 | $206,862 | $112,835 | $94,027 |
Source: Public Records
Agents Affiliated with this Home
-
Matthew Bryant
Map
Source: Pasadena-Foothills Association of REALTORS®
MLS Number: P0-315002133
APN: 5415-011-037
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