$627,000
SOLD MAY 15, 2025
2 Beds
1 Bath
1,116 Sq Ft
3,767 Sq Ft Lot

Recently Sold

$562 Per Sq Ft

178 Days on Market

Highlights

  • No HOA
  • Cooling System Mounted To A Wall/Window
  • Converted Bedroom
  • 2 Car Attached Garage
  • Laundry Room
  • 4-minute walk to Patton Street Park

About This Home

As of May 2025

Explore the unique investment and living opportunities at 1554 and 1556 W Court Street, located in the vibrant Echo Park neighborhood. This dual-address property, zoned RD2-1, is ideal for both investors seeking a versatile project and families ready for a creative home renovation. Each address has its own utility meter, providing flexibility for multi-family living or potential rental income. The existing structure presents a golden opportunity for transformative renovation. Customize this space to match modern preferences or unique styles, creating a tailored home or investment property. The lot size allows for possible expansions or the addition of outdoor living spaces.Positioned just a stone?s throw from Echo Park Lake, the property encourages leisurely strolls and participation in vibrant community events. Dive into the lively urban lifestyle of Echo Park, renowned for its trendy eateries, boutique shops, and eclectic arts scene. With excellent access to major highways and public transportation, commuting and connectivity across Los Angeles are a breeze.The RD2-1 zoning supports a variety of developmental possibilities, including multi-unit dwellings, subject to city approvals. As Echo Park continues to evolve, the area's properties are poised for significant appreciation, making this an attractive prospect for long-term investment. This property offers a rare chance to capitalize on the potential and prime location, whether you aim to develop a lucrative investment property or craft a bespoke family home.Strictly by appointment only. Drive-by are welcome, but please do not disturb the premises without prior arrangement.

Last Agent to Sell the Property

Judy Rogers

Beverly and Company Brokerage Phone: 818-519-2964 License #01858187 Listed on: 09/10/2024

Last Buyer's Agent

Colin Johnson

Premier Realty Associates License #01937017

Premier Realty Associates

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,862

Year Built

  • Built in 1903

Lot Details

  • 3,767 Sq Ft Lot
  • Density is up to 1 Unit/Acre
  • Property is zoned LARD2

Parking

  • 2 Car Attached Garage

Home Design

  • Entry on the 2nd floor

Interior Spaces

  • 1,116 Sq Ft Home
  • 1-Story Property
  • Basement

Bedrooms and Bathrooms

  • 2 Bedrooms | 1 Main Level Bedroom
  • Converted Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Laundry in Garage

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Air

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 16 / 39
  • Tax Tract Number 1848
  • Assessor Parcel Number 5159020016
  • $238 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,862

Year Built

Built in 1903

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Zoning: LARD2
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5159020016
  • Year Built: 1903
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1116.00 Square Feet
  • Stories: 1
  • Entry Location: front steps
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Level: 2
  • Levels: One, Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 561.83
  • Room Type: Basement, Converted Bedroom

Exterior Features

  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 3767.00
  • Lot Size Acres: 0.0865

Multi Family

  • Lease Considered: No
  • Lot Size Area: 3767.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 39
  • Tax Census Tract: 2083.02
  • Tax Lot: 16
  • Tax Tract Number: 1848
  • TaxOtherAnnualAssessmentAmount: 238.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2024
Closed on
Mar 21, 2025
Sold by
Suethae Cheep
Bought by
Johnson Colin Trent and Johnson Angela
Seller's Agent
Judy Rogers
Beverly and Company
Buyer's Agent
Colin Johnson
Premier Realty Associates
List Price
$625,000
Sold Price
$627,000
Premium/Discount to List
$2,000
0.32%
Views
126
Current Estimated Value
$744,435

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$117,435
Avg. Annual Appreciation
43.34%
Original Mortgage
$562,000
Interest Rate
6.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 26, 2015
Sold by
Nakagawa Ayaka
Bought by
Suethae Cheep

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$393,750
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 4, 2006
Sold by
Dhanaphatana Sakda and Dhanaphatana Nayada
Bought by
Suethae Cheep

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$479,200
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 12, 2006
Sold by
Dhanaphatana Sakda
Bought by
Dhanaphatana Sakda and Dhanaphatana Nayada

Purchase Details

Closed on
Jul 6, 2005
Sold by
Dhanaphatana Nayada
Bought by
Dhanaphatana Sakda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$351,750
Interest Rate
6.87%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jun 14, 2005
Sold by
Medina Luis and Medina Lizbeth
Bought by
Dhanaphatana Sakda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$351,750
Interest Rate
6.87%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Aug 25, 2004
Sold by
Estrella Luis and Espadas Carlos
Bought by
Medina Luis and Medina Lizbeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
5.72%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 24, 1997
Sold by
Espadas Laura Beatriz
Bought by
Espadas Carlos

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,500
Interest Rate
7.16%
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 Type Sale Price Title Company
Grant Deed $627,000 Fidelity National Title
Quit Claim Deed -- Old Republic Title Co
Grant Deed $599,000 Chicago Title Corp
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Southland Title Corporation
Grant Deed $469,000 --
Quit Claim Deed -- --
Interfamily Deed Transfer -- Stewart Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $562,000 New Conventional
Previous Owner $390,000 New Conventional
Previous Owner $393,750 New Conventional
Previous Owner $479,200 Purchase Money Mortgage
Previous Owner $351,750 Fannie Mae Freddie Mac
Previous Owner $150,000 Credit Line Revolving
Previous Owner $20,000 Credit Line Revolving
Previous Owner $142,217 Credit Line Revolving
Previous Owner $0 Credit Line Revolving
Previous Owner $148,500 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2025 05/15/25 Sold $627,000 +0.3% $562 / Sq Ft
03/19/2025 03/19/25 For Sale $625,000 -0.3% $560 / Sq Ft
03/10/2025 03/10/25 Off Market $627,000 -- --
03/08/2025 03/08/25 Pending -- -- --
03/01/2025 03/01/25 Price Changed $625,000 -10.7% $560 / Sq Ft
02/12/2025 02/12/25 For Sale $700,000 +11.6% $627 / Sq Ft
02/04/2025 02/04/25 Off Market $627,000 -- --
12/30/2024 12/30/24 Price Changed $700,000 -6.7% $627 / Sq Ft
11/02/2024 11/02/24 Price Changed $750,000 -5.7% $672 / Sq Ft
09/10/2024 09/10/24 For Sale $795,000 -- $712 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $9,862 $818,564 $654,858 $163,706
2024 $9,862 $802,515 $642,018 $160,497
2023 $9,674 $786,780 $629,430 $157,350
2022 $9,228 $771,354 $617,089 $154,265
2021 $9,113 $756,231 $604,990 $151,241
2019 $8,841 $733,803 $587,047 $146,756
2018 $7,057 $575,800 $459,600 $116,200
2016 $5,648 $461,000 $368,000 $93,000
2015 $5,107 $415,500 $332,100 $83,400
2014 $4,748 $376,000 $300,500 $75,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR24187478

California Regional Multiple Listing Service (CRMLS)

APN: 5159-020-016