NOT LISTED FOR SALE

1549 Baxter St Los Angeles, CA 90026

Echo Park Neighborhood

Estimated Value: $1,790,000 - $2,934,000

6 Beds
7 Baths
3,450 Sq Ft
$658/Sq Ft Est. Value

Last Sold April 08, 2022

Last sale price $2,310,000 $670 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $14,373/month

67 Days on Market

Highlights

  • View of Hills
  • Property is near public transit
  • Bonus Room
  • John Marshall Senior High Rated A
  • Wood Flooring
  • Stone Countertops

About This Home

As of April 2022

Four unit masterpiece in a prime Echo Park location! Experience Echo Park's tree-lined streets and canyon views. Hike Elysian Park trails or stroll to several local eateries. Unit mix: 3 bed+2 bath, 2+1.5, 1+2 and 1+1. All units upgraded and the building can possibly be delivered with vacancies with the right offer. The back 1+2 can be used as 2 studio units. Laundry for each unit, dedicated patio spaces and private ALLEY ACCESS parking for up to 7 cars. Located on a flat section of Baxter Street with an upslope lot. Bonus large walk-in basement. Across the street from Elysian Heights Elementary Arts Magnet. Residential neighborhood with easy access to public transportation. Rents are at 30-days+ furnished rental rates. Buyer to verify all details. More information at dedicated property website.

Last Agent to Sell the Property

Darren Hubert

Real Broker License #01330183 Listed on: 11/30/2021

Real Broker

Co-Listed By

Joe Cloninger

Real Broker License #01954784

Last Buyer's Agent

Darren Hubert

Real Broker License #01330183 Listed on: 11/30/2021

Real Broker

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $29,794

Year Built

  • Built in 1976

Lot Details

  • 7,420 Sq Ft Lot
  • South Facing Home
  • Drip System Landscaping
  • Hillside Location

Home Design

  • Block Foundation
  • Asphalt Roof
  • Stucco

Interior Spaces

  • 3,450 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Bonus Room
  • Views of Hills
  • Basement

Kitchen

  • Oven or Range
  • Dishwasher
  • Stone Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 7 Bathrooms

Laundry

  • Laundry Room
  • Dryer

Parking

  • 7 Open Parking Spaces
  • 7 Parking Spaces
  • Assigned Parking

Additional Features

  • Property is near public transit
  • Forced Air Heating and Cooling System

Community Details

  • 4 Units

Listing and Financial Details

  • The owner pays for gas, electricity, gardener, water
  • Assessor Parcel Number 5420-036-027

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$29,794

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: Architectural
  • Street Number Display: Yes
  • Advertising Remarks: Four unit masterpiece in a prime Echo Park location! Experience Echo Park's tree-lined streets and canyon views. Hike Elysian Park trails or stroll to several local eateries. Unit mix: 3 bed+2 bath, 2+1.5, 1+2 and 1+1. Upgraded and the building can possibly be delivered with vacancies. The back 1+2 can be used as 2 studio units. Laundry for each unit, dedicated patio spaces and private ALLEY ACCESS parking for up to 7 cars. The building is now 30-days+ furnished rental. It conforms with LA city guidelines (typical rental length of 2-3 months, sometimes more). Call to discuss options for expanded use- ADU's, 9 units total, etc.. Located on a flat section of Baxter with an upslope lot. Across from Elysian Heights Arts Magnet. Easy access to public transportation. Rents are at 30-days+ furnished rental rates. 3D scan available for all units and more info at baxter5 website.
  • Alley: Yes
  • Living Area: 3450
  • Lot Acreage: 0.1704
  • Stories: 2
  • Year Built: 1976
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Number Dishwasher: 5
  • Flooring: Hardwood, Tile
  • Appliances: Free Standing Gas
  • Bedrooms: 6
  • Kitchen Features: Remodeled, Stone Counters
  • Laundry: In Unit, Room
  • Laundry Equipment: Own
  • Total Bathrooms: 7.00
  • Equipment: Dishwasher, Ceiling Fan, Range/Oven, Dryer, Refrigerator
  • Price Per S Q F T: 694.20

Exterior Features

  • Direction Faces: South
  • Construction: Stucco
  • Other Structures: None
  • Foundation Details: Block
  • Number Patio: 5
  • Paved: Yes
  • Roof: Asphalt
  • View: Hills
  • View: Yes

Garage/Parking

  • Other Spaces: 7
  • Parking Garage: Assigned
  • Total Parking: 7

Utilities

  • Cooling: Air Conditioning, Central
  • Heating: Central, Forced Air
  • Number Electric Meters: 4
  • Number Gas Meters: 4
  • Number Water Meters: 0

Lot Info

  • Sprinklers: Drip System
  • Assessed Improvement Percent: 30.13
  • Assessed Improvement Value: 225308
  • Assessed Land Percent: 69.87
  • Assessed Land Value: 522563
  • Total Assessed Value: 747871
  • Assessor Parcel Number: 5420-036-027
  • Lot Location: Alley Access, Hillside, Near Public Transit
  • Lot Size Area: 7420

Rental Info

  • Owner Pays: Gas, Electricity, Gardener, Water

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110
  • Gross Rent Multiplier: 11.90
  • Number Of Units: 4
  • Type Of Units: Attached

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 3, 2005
Sold by
Jung Maedon Lau and Yee Mae Joan Lau
Bought by
Salsbury Michelle
Current Estimated Value
$2,271,522

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$299,000
Outstanding Balance
$151,360
Interest Rate
5.79%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$2,120,163
Source: Public Records

Range of Values:

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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
Salsbury Michelle $585,000 Equity Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Salsbury Michelle $299,000
Closed Salsbury Michelle $75,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/08/2022 04/08/22 Sold $2,310,000 -3.5% $670 / Sq Ft
02/05/2022 02/05/22 Pending -- -- --
11/30/2021 11/30/21 For Sale $2,395,000 -- $694 / 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 $29,794 $2,451,390 $1,591,812 $859,578
2024 $29,794 $2,403,324 $1,560,600 $842,724
2023 $29,222 $2,356,200 $1,530,000 $826,200
2022 $9,855 $770,729 $538,535 $232,194
2021 $9,726 $755,618 $527,976 $227,642
2019 $9,451 $733,208 $512,317 $220,891
2018 $9,300 $718,832 $502,272 $216,560
2016 $8,838 $690,920 $482,769 $208,151
2015 $8,715 $680,543 $475,518 $205,025
2014 $8,763 $667,213 $466,204 $201,009
Source: Public Records

Agents Affiliated with this Home

  • Darren Hubert

    Seller's Agent in 2022

    Darren Hubert

    Real Broker

    (323) 898-2991

    8 in this area

    67 Total Sales

    Darren Hubert
    Section Image
  • Joe Cloninger

    Seller Co-Listing Agent in 2022

    Joe Cloninger

    Real Broker

    (213) 915-4474

    6 in this area

    48 Total Sales

    Joe Cloninger
    Section Image
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Map

Source: The MLS

MLS Number: 21-108575

The MLS

APN: 5420-036-027

California Los Angeles County Los Angeles 90026 Echo Park

1549 Baxter St, Los Angeles, CA

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The MLS © 2025 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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