$1,016,000 - $1,311,000
RENTED SEP 17, 2024

1627 Echo Park Ave Unit 6 Los Angeles, CA 90026

Echo Park Neighborhood
3 Beds
4 Baths
1,513 Sq Ft
$763 Price per Sq Ft

Last Sold June 07, 2023

Last sale price $1,180,000 $780 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $7,703/month

About This Home

As of June 2023

Welcome to this freshly renovated 3 bedroom townhome in the heart of Echo Park available for immediate occupancy! The ground floor features entry from the front door or directly from the private garage as well as a spacious bedroom suite. Head upstairs to the main living level with the open plan living/dining room with new hardwood floors and renovated kitchen with white cabinetry and stainless appliances. Also on this level is the powder room containing a laundry closet with full size side by side washer + dryer. On the third floor find two more bright and spacious bedrooms including the main suite with walk in closet. All the bathrooms have been renovated with gorgeous tile and luxurious new fixtures. The tandem two car garage has plenty of space for extra storage. Just one block from Canyon Coffee, Bacetti, and Valerie on Echo Park Ave plus close to lots of other cool dining, shopping, and entertainment spots in Echo Park on Sunset!

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2023
Closed on
Jun 2, 2023
Sold by
Jeong Joonhee
Bought by
Chung Jennifer Heejae
Seller's Agent
Marc Silver
The Agency
Buyer's Agent
Sukyoung Lee
Redpoint Realty
List Price
$1,098,000
Sold Price
$1,180,000
Premium/Discount to List
$82,000
7.47%
Views
32
Current Estimated Value
$1,154,704

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$25,296
Avg. Annual Appreciation
-1.08%
Original Mortgage
$944,000
Outstanding Balance
$918,998
Interest Rate
5.5%
Mortgage Type
New Conventional
Estimated Equity
$235,707

Purchase Details

Listed on
Apr 28, 2023
Closed on
May 11, 2023
Sold by
Echo Park Avenue Land Trust
Bought by
Chung Jennifer Heejae
Seller's Agent
Marc Silver
The Agency
Buyer's Agent
Sukyoung Lee
Redpoint Realty
List Price
$1,098,000
Sold Price
$1,180,000
Premium/Discount to List
$82,000
7.47%
Views
32

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$944,000
Outstanding Balance
$918,998
Interest Rate
5.5%
Mortgage Type
New Conventional
Estimated Equity
$235,707

Purchase Details

Closed on
Aug 31, 2021
Sold by
Kamemoto Wayne
Bought by
Song Janet and Echo Park Avenue Land Trust

Purchase Details

Listed on
May 22, 2018
Closed on
Jul 16, 2018
Sold by
Chu William and Lim Becky
Bought by
Kamemoto Wayne and Echo Park Ave Land Trust
Seller's Agent
Zack Saab
Coldwell Banker Realty
Buyer's Agent
Tony Koo
Advanta Properties, Inc
List Price
$829,000
Sold Price
$780,000
Premium/Discount to List
-$49,000
-5.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.95%

Purchase Details

Closed on
Feb 12, 2013
Sold by
D R Horton Ven Inc
Bought by
Chu William and Lim Becky

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$388,492
Interest Rate
3.47%
Mortgage Type
New Conventional
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
Chung Jennifer Heejae -- Equity Title Company
Chung Jennifer Heejae $1,180,000 Equity Title Company
Song Janet -- None Available
Kamemoto Wayne $780,000 Fidelity National Title
Chu William $518,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chung Jennifer Heejae $944,000
Previous Owner Kamemoto Wayne $605,000
Previous Owner Kamemoto Wayne $624,000
Previous Owner Chu William $388,492
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/17/2024 09/17/24 Rented $5,200 -3.7% --
09/17/2024 09/17/24 Under Contract -- -- --
08/21/2024 08/21/24 For Rent $5,400 0.0% --
06/07/2023 06/07/23 Sold $1,180,000 +7.5% $780 / Sq Ft
05/04/2023 05/04/23 Pending -- -- --
04/28/2023 04/28/23 For Sale $1,098,000 +40.8% $726 / Sq Ft
08/22/2018 08/22/18 Sold $780,000 -5.9% $489 / Sq Ft
07/12/2018 07/12/18 Pending -- -- --
05/22/2018 05/22/18 For Sale $829,000 -- $519 / Sq Ft

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
2024 $14,653 $1,203,600 $754,800 $448,800
2023 $10,243 $836,315 $534,384 $301,931
2022 $9,761 $819,917 $523,906 $296,011
2021 $9,639 $803,841 $513,634 $290,207
2020 $9,736 $795,600 $508,368 $287,232
2019 $10,127 $780,000 $498,400 $281,600
2018 $6,782 $560,605 $300,541 $260,064
2017 $6,630 $549,614 $294,649 $254,965
2016 $6,472 $538,838 $288,872 $249,966
2015 $6,362 $530,745 $284,533 $246,212
2014 $6,384 $520,350 $278,960 $241,390
Source: Public Records

Agents Affiliated with this Home

  • Mark Grimes

    Seller's Agent in 2024

    Mark Grimes

    Compass

    (323) 422-4929

    1 in this area

    43 Total Sales

    Mark Grimes
    Section Image
  • Kurt Wisner

    Seller Co-Listing Agent in 2024

    Kurt Wisner

    Compass

    (323) 841-3839

    37 in this area

    418 Total Sales

    Kurt Wisner
    Section Image
  • Marc Silver

    Seller's Agent in 2023

    Marc Silver

    The Agency

    (310) 809-4656

    1 in this area

    34 Total Sales

    Marc Silver
    Section Image
  • Sukyoung Lee

    Buyer's Agent in 2023

    Sukyoung Lee

    Redpoint Realty

    (213) 265-6694

    1 in this area

    99 Total Sales

    Sukyoung Lee
    Section Image
  • Zack Saab

    Seller's Agent in 2018

    Zack Saab

    Coldwell Banker Realty

    (818) 222-7826

    33 Total Sales

    Zack Saab
    Section Image
  • Tony Koo

    Buyer's Agent in 2018

    Tony Koo

    Advanta Properties, Inc

    (626) 415-8566

    14 Total Sales

    Tony Koo
    Section Image
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Map

California Los Angeles County Los Angeles 90026 Echo Park

1627 Echo Park Ave Unit 6, Los Angeles, CA

This home is located at 1627 Echo Park Ave Unit 6, Los Angeles, CA 90026 and is currently estimated at $1,154,704, approximately $763 per square foot. 1627 Echo Park Ave Unit 6 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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