NOT LISTED FOR SALE

1540 N Benton Way Los Angeles, CA 90026

Echo Park Neighborhood

Estimated Value: $1,578,000 - $1,835,000

3 Beds
1.5 Baths
1,208 Sq Ft
$1,438/Sq Ft Est. Value

Last Sold April 11, 2017

Last sale price $1,251,200 $1,036 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $11,189/month

11 Days on Market

Highlights

  • Deck
  • Traditional Architecture
  • Bonus Room
  • John Marshall Senior High Rated A
  • Wood Flooring
  • No HOA

About This Home

As of April 2017

Everything you need is here in this re-imagined Traditional that takes advantage of light-filled rooms with original charm, curved walls and open floor plan. The kitchen has been completely redone and has a professional cook's stove, skylight, new sink, fixtures and filtered water faucet. Hardwood floors and open spaces blend both the indoors and outdoors seamlessly. A wonderful large deck opens to the living room and kitchen via French doors. Lovely landscaped front and backyards, perfect for entertaining. Newer copper plumbing, electrical, and tank less water heater. A wonderful variety of fruit trees including: Apricot, Plum, Lime, Orange, Calamansi, Fig, Pomegranate, Lemon, and Kumquat. The garage has been converted into a much-desired bonus space/office or guest room with Rais Gabo gas fireplace, skylight, and new separate tank less water heater. Rounding out this special property are two raised vegetable beds on drip irrigation, new fence, path light on timers and new front gate!

Last Agent to Sell the Property

Dan Ortega

Sotheby's International Realty License #00902719 Listed on: 03/06/2017

Last Buyer's Agent

Courtney N Smith

Compass License #01406768

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,280

Year Built

  • Built in 1942

Lot Details

  • 6,747 Sq Ft Lot
  • Property is zoned LAR2

Parking

  • On-Street Parking

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,208 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Decorative Fireplace
  • Living Room
  • Dining Area
  • Bonus Room
  • Wood Flooring

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Deck

Utilities

  • Central Heating and Cooling System
  • Water Purifier

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 5424-006-023

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,280

Year Built

Built in 1942

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Traditional
  • Street Number Display: Yes
  • Living Area: 1208
  • Stories: 1
  • Year Built: 1942
  • Number Of Photos: 40
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Decorative
  • Flooring: Wood
  • Bedrooms: 3
  • Full Bathroom: 1
  • Half Bathroom: 1
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Eating Areas: Dining Area
  • Laundry: Laundry Area
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Ceiling Fan, Dishwasher, Dryer, Range/Oven, Refrigerator, Washer, Water Purifier
  • Price Per S Q F T: 893.21

Exterior Features

  • Tennis Court Y/N: No
  • Patio: Deck(s)
  • Pool: No
  • Spa Yn: No
  • View: No

Garage/Parking

  • Parking Garage: On street

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 5424-006-023
  • Geocode Override: No
  • Lot Size Area: 6747

Multi Family

  • Number Of Units: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2017
Closed on
Mar 22, 2017
Sold by
Guest Andrew C
Bought by
Argila Charlotte Elizabeth and Argila Steven
Seller's Agent
Dan Ortega
Sotheby's International Realty
Buyer's Agent
Courtney N Smith
Compass
List Price
$1,079,000
Sold Price
$1,251,200
Premium/Discount to List
$172,200
15.96%
Total Days on Market
11
Current Estimated Value
$1,736,687

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$485,487
Avg. Annual Appreciation
3.16%
Original Mortgage
$636,150
Interest Rate
4.21%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 20, 2010
Sold by
Toynton Adrian
Bought by
Guest Andrew C and Friedenberg Jenna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$612,000
Interest Rate
4.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 3, 2007
Sold by
Toynton Ian
Bought by
Toynton Adrian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$610,000
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 26, 2006
Sold by
Hoffmann Katrin
Bought by
Toynton Adrian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
2.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 19, 2006
Sold by
Toynton Lesley
Bought by
Toynton Ian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
2.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 14, 2006
Sold by
Gonzalez Lourdes M
Bought by
Toynton Ian and Toynton Adrian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
2.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 26, 1998
Sold by
Gonzalez Lourdes M
Bought by
Gonzalez Lourdes M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
7.02%
Mortgage Type
Stand Alone Second
Source: Public Records

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Range of Values:

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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
Argila Charlotte Elizabeth $1,251,500 Ortc
Guest Andrew C $765,000 Equity Title Los Angeles
Toynton Adrian -- Investors Title Company
Toynton Adrian -- Equity Title Company
Toynton Ian -- Equity Title Company
Toynton Ian $755,000 Equity Title Company
Gonzalez Lourdes M -- Lawyers Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Argila Steven $624,000
Closed Argila Charlotte Elizabeth $636,150
Previous Owner Guest Andrew C $612,000
Previous Owner Toynton Adrian $610,000
Previous Owner Toynton Ian $600,000
Previous Owner Gonzalez Lourdes M $346,875
Previous Owner Gonzalez Lourdes M $50,000
Previous Owner Gonzalez Lourdes M $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/11/2017 04/11/17 Sold $1,251,200 +16.0% $1,036 / Sq Ft
03/17/2017 03/17/17 Pending -- -- --
03/06/2017 03/06/17 For Sale $1,079,000 -- $893 / 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
2024 $17,280 $1,423,645 $1,117,118 $306,527
2023 $16,941 $1,395,731 $1,095,214 $300,517
2022 $16,144 $1,368,365 $1,073,740 $294,625
2021 $15,952 $1,341,536 $1,052,687 $288,849
2019 $15,403 $1,301,747 $1,021,464 $280,283
2018 $15,424 $1,276,224 $1,001,436 $274,788
2016 $9,997 $834,159 $572,245 $261,914
2015 $9,849 $821,630 $563,650 $257,980
2014 $9,881 $805,536 $552,609 $252,927
Source: Public Records

Agents Affiliated with this Home

  • Dan Ortega

    Seller's Agent in 2017

    Dan Ortega

    Sotheby's International Realty

    (323) 839-3936

    2 in this area

    16 Total Sales

    Dan Ortega
    Section Image
  • Courtney N Smith

    Buyer's Agent in 2017

    Courtney N Smith

    Compass

    Section Image
See All Agents

Map

Source: The MLS

MLS Number: 17-208116

The MLS

APN: 5424-006-023

California Los Angeles County Los Angeles 90026 Echo Park

1540 N Benton Way, Los Angeles, CA

This home is located at 1540 N Benton Way, Los Angeles, CA 90026 since 06 March 2017 and is currently estimated at $1,736,687, approximately $1,437 per square foot. This property was built in 1942. 1540 N Benton Way is a home located in Los Angeles County with nearby schools including Mayberry Street Elementary, Thomas Starr King Middle School Film and Media Magnet, and John Marshall Senior High.

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