Landlord's Agent in 2025
Sara Zanville
Equity Union
(323) 770-1055
19 Total Sales
150 S Madison Ave Unit 2 Los Angeles, CA 90004
Koreatown Neighborhood
3
Beds
2
Baths
1,078
Sq Ft
$2,123
Price per Sq Ft
Highlights
- City Lights View
- Modern Architecture
- Patio
- Updated Kitchen
- No HOA
- Recessed Lighting
About This Home
As of February 2025Experience modern living in this newly renovated top-floor, 3-bedroom, 2-bathroom unit in vibrant Koreatown. Perfectly located just minutes from Virgil Village, Silverlake, Echo Park, and Downtown Los Angeles, this home boasts a stylish and functional layout with abundant natural light. The sleek kitchen features stainless steel appliances, including a refrigerator, oven, stove, dishwasher, and a convenient in-unit combo washer-dryer. Enjoy year-round comfort with central air and heat, and take advantage of two dedicated parking spots. Don’t miss this opportunity to live in one of LA’s most dynamic neighborhoods!
Last Agent to Rent the Property
Equity Union Brokerage Phone: 323-770-1055 License #02139182 Listed on: 12/24/2024
Last Renter's Agent
Equity Union Brokerage Phone: 323-770-1055 License #02139182 Listed on: 12/24/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $28,342
Year Built
- Built in 1947
Lot Details
- 6,242 Sq Ft Lot
- No Common Walls
- Density is 2-5 Units/Acre
Parking
- 2 Car Garage
- 2 Carport Spaces
- Parking Available
- Assigned Parking
Home Design
- Quadruplex
- Modern Architecture
- Entry on the 2nd floor
Interior Spaces
- 1,078 Sq Ft Home
- 1-Story Property
- Recessed Lighting
- Vinyl Flooring
- City Lights Views
- Fire and Smoke Detector
Kitchen
- Updated Kitchen
- Gas Oven
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- 2 Full Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Utilities
- Central Heating and Cooling System
- Tankless Water Heater
Additional Features
- Patio
- Urban Location
Listing and Financial Details
- Security Deposit $3,600
- Rent includes gardener, sewer, trash collection
- 12-Month Minimum Lease Term
- Available 2/1/25
- Tax Lot 43
- Tax Tract Number 6116
- Assessor Parcel Number 5501015025
- Seller Considering Concessions
Community Details
Overview
- No Home Owners Association
- 4 Units
Pet Policy
- Pet Size Limit
- Pet Deposit $500
- Dogs and Cats Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 14, 2022
Sold by
Wachtel Sean E and Wachtel Shira L
Bought by
Sean And Shira Wachtel Family Trust and Wachtel
Current Estimated Value
Purchase Details
Closed on
Dec 19, 2021
Sold by
Wachtel Sean E and Wachtel Shira L
Bought by
Wachtel Sean E and Wachtel Shira L
Purchase Details
Closed on
May 24, 2021
Sold by
Meczyk Adam
Bought by
Wachtel Jessica
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,055,000
Interest Rate
3%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 11, 2021
Sold by
148 Madison Llc
Bought by
Wachtel Sean E and Wachtel Shira L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,055,000
Interest Rate
3%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 3, 2017
Sold by
Liberty Fund Llc
Bought by
148 Madison Llc
Purchase Details
Closed on
Sep 14, 2017
Sold by
Lim Cristeta Parana
Bought by
Liberty Fund Llc
Purchase Details
Closed on
Jul 14, 2005
Sold by
Jones Anthony
Bought by
Lim Cristeta Parana
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$246,500
Interest Rate
5.56%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 6, 1998
Sold by
Federal National Mortgage Association
Bought by
Lim Cristeta Parana
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,700
Interest Rate
7.15%
Purchase Details
Closed on
Oct 15, 1997
Sold by
Calzadilla Carlos and Calzadilla Maria
Bought by
Federal National Mortgage Association
Purchase Details
Closed on
Aug 23, 1996
Sold by
Ortiz Luis Napoleon
Bought by
Calzadilla Carlos and Calzadilla Maria
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,300
Interest Rate
8.42%
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 |
|---|---|---|---|
| Sean And Shira Wachtel Family Trust | -- | None Listed On Document | |
| Wachtel Sean E | -- | None Available | |
| Wachtel Jessica | -- | Monarch Title Company | |
| Wachtel Sean E | $2,225,000 | Monarch Title | |
| 148 Madison Llc | $655,000 | Consumers Title Company | |
| Liberty Fund Llc | $531,500 | None Available | |
| Lim Cristeta Parana | -- | Landsafe Title | |
| Lim Cristeta Parana | $149,000 | Chicago Title Co | |
| Federal National Mortgage Association | $116,000 | First Southwestern Title Co | |
| Calzadilla Carlos | $154,000 | Stewart Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Wachtel Sean E | $1,055,000 | |
| Previous Owner | Parana Cristeta L | $30,000 | |
| Previous Owner | Lim Cristeta Parana | $357,000 | |
| Previous Owner | Lim Cristeta Parana | $246,500 | |
| Previous Owner | Lim Cristeta Parana | $23,300 | |
| Previous Owner | Lim Cristeta Parana | $140,700 | |
| Previous Owner | Calzadilla Carlos | $146,300 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/01/2025 02/01/25 | Rented | $3,600 | 0.0% | -- |
| 01/23/2025 01/23/25 | Under Contract | -- | -- | -- |
| 12/24/2024 12/24/24 | For Rent | $3,600 | 0.0% | -- |
| 03/01/2024 03/01/24 | Rented | $3,600 | 0.0% | -- |
| 02/28/2024 02/28/24 | Under Contract | -- | -- | -- |
| 01/31/2024 01/31/24 | Price Changed | $3,600 | -2.7% | $3 / Sq Ft |
| 01/05/2024 01/05/24 | Price Changed | $3,700 | -2.6% | $3 / Sq Ft |
| 01/02/2024 01/02/24 | For Rent | $3,800 | -- | -- |
Source: California Regional Multiple Listing Service (CRMLS)
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 | $28,342 | $2,394,431 | $753,304 | $1,641,127 |
| 2024 | $28,342 | $2,347,483 | $738,534 | $1,608,949 |
| 2023 | $27,787 | $2,301,454 | $724,053 | $1,577,401 |
| 2022 | $26,635 | $2,269,500 | $714,000 | $1,555,500 |
| 2021 | $11,126 | $931,310 | $688,521 | $242,789 |
| 2020 | $11,242 | $921,762 | $681,462 | $240,300 |
| 2019 | $8,093 | $668,100 | $438,600 | $229,500 |
| 2018 | $8,027 | $655,000 | $430,000 | $225,000 |
| 2016 | $6,278 | $199,749 | $156,864 | $42,885 |
| 2015 | $2,524 | $196,749 | $154,508 | $42,241 |
| 2014 | $2,543 | $192,896 | $151,482 | $41,414 |
Source: Public Records
Agents Affiliated with this Home
-
Sara Zanville
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SR24253552
APN: 5501-015-025
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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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