NOT LISTED FOR SALE

1626 Echo Park Ave Los Angeles, CA 90026

Echo Park Neighborhood

Estimated Value: $1,312,460

6 Beds
3 Baths
3,163 Sq Ft
$415/Sq Ft Est. Value

Sale Details

Date Sold: November 7, 2024

Last sale price $1,225,000 $387 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $8,724 / mo

44 Days on Market

Highlights

  • 1-Story Property
  • John Marshall High School Rated A
  • Auto Driveway Gate

About This Home

As of November 2024

This well maintained triplex in the middle of Echo Park is listed for the first time in 20 years. The property has a fenced off driveway. One unit is accessible from the street, with the other two units having access from inside the gated driveway. The property is perfect for an everyday investor or an owner/user, with one unit being delivered vacant. The property is only a couple minute drive to Dodger Stadium and within walking distance to restaurants and stores in the area.

Last Agent to Sell the Property

Elliot Hassan

NorthMarq Realty Services, Inc. License #01481211 Listed on: 09/11/2024

Last Buyer's Agent

Elliot Hassan

NorthMarq Realty Services, Inc. License #01481211 Listed on: 09/11/2024

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1938

Lot Details

  • 5,410

Parking

  • Auto Driveway Gate

Interior Spaces

  • 3,163 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Additional Features

  • 5,410 Sq Ft Lot
  • Cooling System Mounted To A Wall/Window

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 5420-028-017

Property Details

Home Type

Multi-Family

Year Built

Built in 1938

Lot Details

5,410 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Levels: One
  • Street Number Display: Yes
  • Living Area: 3163
  • Lot Acreage: 0.1242
  • Year Built: 1938
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 6
  • Total Bathrooms: 3.00
  • Price Per S Q F T: 387.29

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Driveway Gate

Utilities

  • Cooling: Wall/Window

Lot Info

  • Assessed Improvement Percent: 24.99
  • Assessed Improvement Value: 193474
  • Assessed Land Percent: 75.01
  • Assessed Land Value: 580789
  • Total Assessed Value: 774263
  • Assessor Parcel Number: 5420-028-017
  • Lot Size Area: 5410

Multi Family

  • Unit Type: 2106
  • Gross Rent Multiplier: 12.76
  • Number Of Units: 3
  • Type Of Units: Income

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 8, 2025
Sold by
Arastu Family Trust and Arastu Azam Husain
Bought by
Current Estimated Value
$1,312,460

Purchase Details

Closed on
Feb 6, 2025
Sold by
Arastu Azam and Arastu Rukhsana
Bought by
Arastu Family Trust and Arastu

Purchase Details

Listed on
Sep 11, 2024
Closed on
Oct 27, 2024
Sold by
Mercado Giancarlo and Mercado Albert William
Bought by
Arastu Azam and Arastu Rukhsana
Seller's Agent
Elliot Hassan
NorthMarq Realty Services, Inc.
Buyer's Agent
Elliot Hassan
NorthMarq Realty Services, Inc.
List Price
$1,300,000
Sold Price
$1,225,000
Premium/Discount to List
-$75,000
-5.77%
Views
8

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.72%
Original Mortgage
$857,500
Interest Rate
6.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 3, 2021
Sold by
Giancarlo Mercado 2006 Living Trust and Mercado Giancarlo
Bought by
Mercado Giancarlo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
2.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 16, 2014
Sold by
Mercado Giancarlo
Bought by
Mercado Giancarlo and Giancarlo Mercado 2006 Living

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$585,900
Interest Rate
4.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 15, 2004
Sold by
Young Jody M
Bought by
Mercado Giancarlo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$508,563
Interest Rate
5.86%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 8, 2002
Sold by
Degidio Joseph and Degidio Nicola
Bought by
Young Jody M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,200
Interest Rate
6.87%
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Echo Park, CA

  • Eitan Dagan Real Estate Agent - Equity Union

    Eitan Dagan

    Equity Union

    (424) 321-8056

    23 Total Sales

    1 in Echo Park

    $1,300,000 Price

    Eitan Dagan
     Section Image
  • Alyse Livingston Real Estate Agent - Compass

    Alyse Livingston

    Compass

    (424) 246-2353

    26 Total Sales

    1 in Echo Park

    $1,650,047 Price

    Alyse Livingston
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  • Eduardo Franco Real Estate Agent - ALTICORE REALTY

    Eduardo Franco

    ALTICORE REALTY

    (951) 441-3688

    127 Total Sales

    1 in Echo Park

    $1,888,000 Price

    Eduardo Franco
     Section Image
  • Dennis Chernov Real Estate Agent - Equity Union

    Dennis Chernov

    Equity Union

    (626) 657-2705

    467 Total Sales

    1 in Echo Park

    $1,480,000 Price

    Dennis Chernov
     Section Image
  • Jesse Hlubik Real Estate Agent - Berkshire Hathaway HomeServices California Properties

    Jesse Hlubik

    Berkshire Hathaway HomeServices California Properties

    (747) 998-0867

    32 Total Sales

    1 in Echo Park

    $1,000,000 Price

    Jesse Hlubik
     Section Image
  • Amalia Ochoa Real Estate Agent - The Proud Crowd Inc.

    Amalia Ochoa

    The Proud Crowd Inc.

    (424) 348-7667

    31 Total Sales

    2 in Echo Park

    $999K - $1.6M Price Range

    Amalia Ochoa
     Section Image
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Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
11/07/2024 11/07/24 Sold $1,225,000 -5.8% $387 / Sq Ft
10/25/2024 10/25/24 Pending -- -- --
09/11/2024 09/11/24 For Sale $1,300,000 -- $411 / Sq Ft
Source: The MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $15,092 $1,249,500 $714,000 $535,500
2025 $15,092 $1,225,000 $700,000 $525,000
2024 $9,953 $789,747 $592,404 $197,343
2023 $9,765 $774,263 $580,789 $193,474
2022 $9,318 $759,082 $569,401 $189,681
2021 $9,193 $744,199 $558,237 $185,962
2020 $9,282 $736,569 $552,513 $184,056
2019 $8,922 $722,128 $541,680 $180,448
2018 $8,827 $707,969 $531,059 $176,910
2016 $8,418 $680,481 $510,439 $170,042
2015 $8,298 $670,260 $502,772 $167,488
2014 $8,339 $657,132 $492,924 $164,208
Source: Public Records

Agents Affiliated with this Home

  • Elliot Hassan Real Estate Agent - NorthMarq Realty Services, Inc.

    Seller's Agent in 2024

    Elliot Hassan

    NorthMarq Realty Services, Inc.

    (213) 943-1800

    1 in this area

    39 Total Sales

    Elliot Hassan
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Map

Source: The MLS

MLS Number: 24-438277

The MLS

APN: 5420-028-017

California Los Angeles County Los Angeles 90026 Echo Park

1626 Echo Park Ave, Los Angeles, CA

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The MLS © 2026 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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