NOT LISTED FOR SALE

1627 W Preston Ln Los Angeles, CA 90026

Echo Park Neighborhood

Estimated Value: $1,361,134 - $1,746,000

3 Beds
2.5 Baths
1,515 Sq Ft
$994/Sq Ft Est. Value

Last Sold August 01, 2018

Last sale price $1,000,000 $660 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $9,009/month

24 Days on Market

Highlights

  • Panoramic View
  • Wood Flooring
  • No HOA
  • John Marshall Senior High Rated A
  • Modern Architecture
  • Central Heating and Cooling System

About This Home

As of August 2018

Preston Lane features five small lot homes designed by Patrick Tighe Architecture, ranging from 1530 to 1815 square feet which boast technologically innovative features such as NEST thermostat and doorbell, Google Home, and in-ceiling speakers. Each home is solar ready and offers energy efficient features such as electric car charging, LED lighting, energy-efficient heating and cooling systems, a tankless hot water heater, and a zero-maintenance exterior. The interior is a beautifully-designed combination of fine finishes and custom features. These include 3/4" hardwood floors, fleetwood sliding doors, operable skylight, 10' ceilings and a custom metal staircase. The gourmet kitchen offers plenty of space to entertain; custom cabinetry, 36" chef's oven, and a wine fridge are standard. Enjoy a warm summer night on your beautifully built private patio or curl up with your honey while admiring the epic downtown view. *Use 1936 Preston Ave 90026 in your navigation*

Last Agent to Sell the Property

Joy Bolger

Compass License #01946243 Listed on: 05/15/2018

Compass

Last Buyer's Agent

Joy Bolger

Compass License #01946243 Listed on: 05/15/2018

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,336

Year Built

  • Built in 2018

Lot Details

  • 1,400

Parking

  • 2 Car Garage

Home Design

  • Modern Architecture

Interior Spaces

  • 1,515 Sq Ft Home
  • 3-Story Property
  • Wood Flooring
  • Panoramic Views
  • Laundry in unit

Bedrooms and Bathrooms

  • 3 Bedrooms

Additional Features

  • 1,400 Sq Ft Lot
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 5420-022-037

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,336

Year Built

Built in 2018

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Modern
  • Street Number Display: Yes
  • Living Area: 1515
  • Stories: 3
  • Year Built: 2018
  • Number Of Photos: 22
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Wood
  • Bedrooms: 3
  • Fireplaces: 0
  • Full Bathroom: 2
  • Half Bathroom: 1
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: In Unit
  • Total Bathrooms: 3.00
  • Den: 0
  • Fireplace: No
  • Price Per S Q F T: 653.47

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • Spa Yn: No
  • View: Panoramic
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Garage - 2 Car
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 5420-022-037
  • Geocode Override: No
  • Lot Size Area: 1400

Multi Family

  • Number Of Units: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2018
Closed on
Jun 18, 2018
Sold by
Preskin Llc
Bought by
Michaels David
Seller's Agent
Joy Bolger
Compass
Buyer's Agent
Joy Bolger
Compass
List Price
$990,000
Sold Price
$1,000,000
Premium/Discount to List
$10,000
1.01%
Current Estimated Value
$1,506,034

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$506,034
Avg. Annual Appreciation
5.81%
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
Michaels David $1,000,000 Stewart Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/01/2018 08/01/18 Sold $1,000,000 +1.0% $660 / Sq Ft
05/15/2018 05/15/18 For Sale $990,000 -- $653 / 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 $13,336 $1,115,515 $780,861 $334,654
2024 $13,336 $1,093,643 $765,550 $328,093
2023 $13,075 $1,072,200 $750,540 $321,660
2022 $12,457 $1,051,177 $735,824 $315,353
2021 $12,301 $1,030,567 $721,397 $309,170
2019 $11,927 $1,000,000 $700,000 $300,000
2018 $721 $55,141 $55,141 $0
Source: Public Records

Agents Affiliated with this Home

  • Joy Bolger

    Seller's Agent in 2018

    Joy Bolger

    Compass

    (323) 708-9156

    3 in this area

    82 Total Sales

    Joy Bolger
    Section Image
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Map

Source: The MLS

MLS Number: 18-344514

The MLS

APN: 5420-022-037

California Los Angeles County Los Angeles 90026 Echo Park

1627 W Preston Ln, Los Angeles, CA

This home is located at 1627 W Preston Ln, Los Angeles, CA 90026 since 15 May 2018 and is currently estimated at $1,506,034, approximately $994 per square foot. This property was built in 2018. 1627 W Preston Ln is a home located in Los Angeles County with nearby schools including Elysian Heights Elementary, Thomas Starr King Middle School Film and Media Magnet, and John Marshall Senior High.

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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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