NOT LISTED FOR SALE

1548 Lucretia Ave Los Angeles, CA 90026

Echo Park Neighborhood

Estimated Value: $2,133,000 - $2,235,658

5 Beds
5 Baths
2,825 Sq Ft
$773/Sq Ft Est. Value

Last Sold October 30, 2015

Last sale price $1,365,000 $483 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $13,263/month

15 Days on Market

About This Home

As of October 2015

A rare 5-plex offering in prime Echo Park with views and 10 car parking pad. Extremely rich in character and charm, this well maintained multi-unit boasts stellar views, solid bones and unlimited potential for both investors and end users. Consisting of 2 separate, 2-story structures which rest on a nearly 7000sqft lot, with approximately 3,000sqft of living space. All units are separately metered and include: wood floors, renovated kitchens, tiled bathrooms and ample light. Conveniently located mere steps from Echo Park's epicenter, one of the most vibrant and energetic areas in Los Angeles. Surrounded by some of the areas most celebrated venues and restaurants: Chango, Valerie, Dodger Stadium, DTLA, Elysian Park, Echo Park, Angelino Heights, The Gold Room, The Echo, Cortez, Sage, MASA, Kings Head Pub, Dynette, Blue Bottle Coffee and more!

Last Agent to Sell the Property

Travis Parker

Sotheby's International Realty License #01915398 Listed on: 10/07/2015

Sotheby's International Realty

Last Buyer's Agent

Nancy Morris

License #01511033

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,329

Year Built

  • Built in 1948

Lot Details

  • 6,880 Sq Ft Lot

Interior Spaces

  • 2,825 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Bathrooms

Parking

  • 10 Parking Spaces
  • Shared Driveway
  • Uncovered Parking

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window

Community Details

  • 2 Buildings
  • 5 Units

Listing and Financial Details

  • Assessor Parcel Number 5419-009-002

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,329

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 2825
  • Stories: 2
  • Year Built: 1948
  • Number Of Photos: 27
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 5
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 5.00
  • Den: 0
  • Price Per S Q F T: 458.41

Exterior Features

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

Garage/Parking

  • Parking Garage: Driveway - Concrete, Shared Driveway, Uncovered
  • Total Parking: 10

Utilities

  • Cooling: Wall/Window
  • Heating: Wall

Lot Info

  • Assessed Improvement Value: 285594
  • Assessed Land Value: 693586
  • Assessor Parcel Number: 5419-009-002
  • Geocode Override: No
  • Lot Size Area: 6880

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110
  • Number Of Units: 5
  • Total Annual Expense: 23088
  • Type Of Units: Apartment
  • Vacancy Rate: 0%

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 15, 2021
Sold by
Firestone Family Trust
Bought by
Primary Loop Llc
Current Estimated Value
$2,184,329

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
3.09%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 7, 2015
Closed on
Oct 27, 2015
Sold by
Linguareach Llc
Bought by
Firestone Family Trust
Seller's Agent
Travis Parker
Sotheby's International Realty
Buyer's Agent
Nancy Morris
List Price
$1,295,000
Sold Price
$1,365,000
Premium/Discount to List
$70,000
5.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.01%

Purchase Details

Closed on
Sep 17, 2014
Sold by
Hidalgo Paula
Bought by
Linguareach Llc

Purchase Details

Listed on
Sep 18, 2013
Closed on
Nov 12, 2013
Sold by
Weber Edward P and Smith Jennifer
Bought by
Hidalgo Paula
Seller's Agent
Clint Lukens
Clint Lukens Realty
Buyer's Agent
Michelle Nelson
Douglas Elliman
List Price
$950,000
Sold Price
$955,000
Premium/Discount to List
$5,000
0.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.40%
Original Mortgage
$720,000
Interest Rate
4.08%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 30, 2001
Sold by
Harrison James A and Harrison Georgia A
Bought by
Weber Edward

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
7.11%
Mortgage Type
Seller Take Back
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
Primary Loop Llc -- Callister Broberg & Becker
Firestone Scott $1,365,000 Lawyers Title
Linguareach Llc -- None Available
Hidalgo Paula $960,000 Old Republic Title Co
Weber Edward P -- Old Republic Title
Weber Edward $180,000 Provident Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Firestone Scott $750,000
Previous Owner Firestone Scott $495,000
Previous Owner Firestone Scott $500,000
Previous Owner Hidalgo Paula $720,000
Previous Owner Weber Edward $491,600
Previous Owner Weber Edward $560,000
Previous Owner Weber Edward $333,700
Previous Owner Weber Edward P $260,000
Previous Owner Weber Edward $144,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2015 10/30/15 Sold $1,365,000 +5.4% $483 / Sq Ft
10/22/2015 10/22/15 Pending -- -- --
10/07/2015 10/07/15 For Sale $1,295,000 +35.6% $458 / Sq Ft
12/06/2013 12/06/13 Sold $955,000 +0.5% $338 / Sq Ft
10/13/2013 10/13/13 Pending -- -- --
09/18/2013 09/18/13 For Sale $950,000 -- $336 / 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 $16,329 $1,349,523 $947,036 $402,487
2024 $16,329 $1,323,063 $928,467 $394,596
2023 $15,997 $1,297,121 $910,262 $386,859
2022 $15,253 $1,271,688 $892,414 $379,274
2021 $15,062 $1,246,754 $874,916 $371,838
2020 $15,215 $1,234,611 $865,945 $368,666
2019 $14,612 $1,210,416 $848,966 $361,450
2018 $17,354 $1,420,786 $1,040,400 $380,386
2016 $16,591 $1,365,000 $1,000,000 $365,000
2015 $11,995 $979,180 $693,586 $285,594
2014 $12,060 $960,000 $680,000 $280,000
Source: Public Records

Agents Affiliated with this Home

  • Travis Parker

    Seller's Agent in 2015

    Travis Parker

    Sotheby's International Realty

    (310) 600-2128

    5 Total Sales

    Travis Parker
    Section Image

  • N

    Buyer's Agent in 2015

    Nancy Morris

  • Clint Lukens

    Seller's Agent in 2013

    Clint Lukens

    Clint Lukens Realty

    (323) 314-0565

    Clint Lukens
    Section Image

  • D

    Seller Co-Listing Agent in 2013

    Daisy Gonzalez

    Clint Lukens Realty

    Section Image

  • M

    Buyer's Agent in 2013

    Michelle Nelson

    Douglas Elliman

See All Agents

Map

Source: The MLS

MLS Number: 15-947283

The MLS

APN: 5419-009-002

California Los Angeles County Los Angeles 90026 Echo Park

1548 Lucretia Ave, Los Angeles, CA

This home is located at 1548 Lucretia Ave, Los Angeles, CA 90026 since 07 October 2015 and is currently estimated at $2,184,329, approximately $773 per square foot. This property was built in 1948. 1548 Lucretia Ave is a home located in Los Angeles County with nearby schools including Logan Academy of Global Ecology, Ramón C. Cortines School of Visual and Performing Arts, and Belmont High School.

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