NOT LISTED FOR SALE

1604 N Alvarado St Los Angeles, CA 90026

Echo Park Neighborhood

Estimated Value: $1,657,000 - $2,516,000

4 Beds
4 Baths
3,804 Sq Ft
$519/Sq Ft Est. Value

Last Sold May 01, 2015

Last sale price $1,135,000 $298 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $11,740/month

8 Days on Market

About This Home

As of May 2015

This bright and spacious duplex was built in 2008. Each unit has 2 bedrooms and 2 full baths with an additional work loft. Almost 2000 sq ft each. Open, spacious living room with fireplace. Large windows and french doors provide lots of natural light. Huge master suite. Modern design. Private backyard area. Six secured parking spaces. Convenient location. No rent control!

Last Agent to Sell the Property

Lauri Trapp

Lauri Trapp License #01265988 Listed on: 03/25/2015

Last Buyer's Agent

Kimmie Leung

License #00843478

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,600

Year Built

  • Built in 2008

Lot Details

  • 7,557

Home Design

  • 3,804 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Parking

  • 6 Parking Spaces
  • Driveway

Utilities

  • Air Conditioning
  • Central Heating

Additional Features

  • Laundry in unit
  • 7,557 Sq Ft Lot

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 5419-002-013

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,600

Year Built

Built in 2008

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 3804
  • Year Built: 2008
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 4
  • Laundry: In Unit
  • Total Bathrooms: 4.00
  • Price Per S Q F T: 338.85

Exterior Features

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

Garage/Parking

  • Parking Garage: Driveway - Concrete
  • Total Parking: 6

Utilities

  • Cooling: Air Conditioning
  • Heating: Central

Lot Info

  • Assessed Improvement Value: 352040
  • Assessed Land Value: 501655
  • Assessor Parcel Number: 5419-002-013
  • Geocode Override: No
  • Lot Size Area: 7557

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 15.79
  • Number Of Units: 2
  • Type Of Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 8, 2019
Sold by
Tai On Investments Llc
Bought by
Tai On Investments Llc and Bull City Llc
Current Estimated Value
$1,974,828

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$560,000
Outstanding Balance
$492,340
Interest Rate
4.5%
Mortgage Type
Commercial
Estimated Equity
$1,482,488

Purchase Details

Closed on
Feb 1, 2019
Sold by
Tai On Investments Llc
Bought by
Tai On Investments Llc and Bull City

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$560,000
Outstanding Balance
$492,340
Interest Rate
4.5%
Mortgage Type
Commercial
Estimated Equity
$1,482,488

Purchase Details

Listed on
Mar 25, 2015
Closed on
Apr 24, 2015
Sold by
Barnes Scott
Bought by
Tai On Investments Llc and Bull City Llc
Seller's Agent
Lauri Trapp
Lauri Trapp
Buyer's Agent
Kimmie Leung
List Price
$1,289,000
Sold Price
$1,135,000
Premium/Discount to List
-$154,000
-11.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.42%

Purchase Details

Closed on
Aug 4, 2005
Sold by
Hantman Joseph
Bought by
Barnes Scott

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
6.62%
Mortgage Type
Balloon
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
Tai On Investments Llc -- None Available
Tai On Investments Llc -- Stewart Title Of California
Tai On Investments Llc $1,135,000 None Available
Barnes Scott $300,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tai On Investments Llc $560,000
Previous Owner Barnes Scott $270,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/01/2015 05/01/15 Sold $1,135,000 -11.9% $298 / Sq Ft
04/02/2015 04/02/15 Pending -- -- --
03/25/2015 03/25/15 For Sale $1,289,000 -- $339 / 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 $16,600 $1,364,090 $961,476 $402,614
2024 $16,600 $1,337,344 $942,624 $394,720
2023 $16,282 $1,311,123 $924,142 $386,981
2022 $15,529 $1,285,416 $906,022 $379,394
2021 $15,329 $1,260,212 $888,257 $371,955
2019 $14,873 $1,222,836 $861,912 $360,924
2018 $14,707 $1,198,860 $845,012 $353,848
2016 $14,041 $1,152,308 $812,200 $340,108
2015 $10,686 $870,751 $511,678 $359,073
2014 $10,727 $853,695 $501,655 $352,040
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2015

    Lauri Trapp

    Lauri Trapp

    Section Image

  • K

    Buyer's Agent in 2015

    Kimmie Leung

See All Agents

Map

Source: The MLS

MLS Number: 15-889931

The MLS

APN: 5419-002-013

California Los Angeles County Los Angeles 90026 Echo Park

1604 N Alvarado St, Los Angeles, CA

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