1631 Champlain Terrace Los Angeles, CA 90026
Echo Park NeighborhoodEstimated payment $8,954/month
Total Views
3,162
4
Beds
2
Baths
1,952
Sq Ft
$715
Price per Sq Ft
Highlights
- Attached Guest House
- Art Studio
- Open Floorplan
- John Marshall Senior High Rated A
- City View
- Hilltop Location
About This Home
Nothing but good vibes at this beautiful live/work/invest property perched at the top of Elysian Heights. The versatile property consists of a light and bright 3 bed / 1 bath main house, a permitted and vacant 1 bed / 1 bath ADU, and a converted garage that makes a perfect home office. The main house features an open floorplan, vaulted ceilings, updated kitchen & bath, plus a primary bedroom with peaceful views and walk-in closet. You can look forward to enjoying your morning coffee on the charming front porch or after a hard day you can unwind with a glass of wine on the side patio. Below the main home is a spacious (750 sq.ft.) rental unit that was previously rented for $2,500 per month. This rental income could offset approximately $400,000 of your loan! Or, keep the unit as a comfortable guest suite for out-of-town visitors/in-laws, or perhaps try to maximize your return by making it into a short-term rental (or home-stay exchange). The 170 sq.ft. detached garage has been thoughtfully converted into a tranquil space that lends itself to someone with an at home practice (i.e. therapy, yoga, Pilates, art, etc.). There is also great storage on the property with an additional 170 sq.ft. laundry room and over 200 sq.ft. of basement space. The property is sited on a prime corner lot that not only provides wonderful views but also privacy as you are situated above your neighbors. You will quickly fall in love with this vibrant Echo Park neighborhood where you can grab an iced latte at Canyon Coffee after hiking in Elysian Park or perhaps you can try the famous Cacio e Pepe at Baccetti Trattoria for a fun night out. The possibilities are endless!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $15,797
Year Built
- Built in 1906
Lot Details
- 2,994 Sq Ft Lot
- Chain Link Fence
- Hilltop Location
- Property is zoned LAR2
Parking
- Converted Garage
Property Views
- City
- Hills
Home Design
- Bungalow
Interior Spaces
- 1,952 Sq Ft Home
- 2-Story Property
- Open Floorplan
- Cathedral Ceiling
- Decorative Fireplace
- Dining Area
- Home Office
- Bonus Room
- Art Studio
- Vinyl Plank Flooring
- Basement
Kitchen
- Breakfast Bar
- Gas Oven
- Gas Cooktop
- Dishwasher
- Tile Countertops
- Disposal
Bedrooms and Bathrooms
- 4 Bedrooms
- Walk-In Closet
- In-Law or Guest Suite
- 2 Full Bathrooms
- Bathtub with Shower
Laundry
- Laundry Room
- Dryer
- Washer
Outdoor Features
- Open Patio
- Front Porch
Additional Homes
- Attached Guest House
- Fireplace in Guest House
Location
- Property is near public transit
Utilities
- Cooling System Mounted In Outer Wall Opening
- Heating System Mounted To A Wall or Window
- Gas Water Heater
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 5420-019-023
Map
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Home Values in the Area
Average Home Value in this Area
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 | $15,797 | $1,326,508 | $995,412 | $331,096 |
| 2024 | $15,797 | $1,300,499 | $975,895 | $324,604 |
| 2023 | $15,487 | $1,275,000 | $956,760 | $318,240 |
| 2022 | $14,758 | $1,250,000 | $938,000 | $312,000 |
| 2021 | $9,964 | $832,532 | $630,707 | $201,825 |
| 2020 | $10,703 | $823,996 | $624,240 | $199,756 |
| 2019 | $9,652 | $807,840 | $612,000 | $195,840 |
| 2018 | $457 | $34,196 | $22,158 | $12,038 |
| 2017 | $445 | $33,526 | $21,724 | $11,802 |
| 2016 | $420 | $32,870 | $21,299 | $11,571 |
| 2015 | $414 | $32,378 | $20,980 | $11,398 |
| 2014 | $427 | $31,745 | $20,570 | $11,175 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/04/2025 08/04/25 | Pending | -- | -- | -- |
| 06/26/2025 06/26/25 | For Sale | $1,395,000 | +11.6% | $715 / Sq Ft |
| 07/23/2021 07/23/21 | Sold | $1,250,000 | 0.0% | $1,103 / Sq Ft |
| 05/01/2021 05/01/21 | Pending | -- | -- | -- |
| 04/23/2021 04/23/21 | For Sale | $1,250,000 | -- | $1,103 / Sq Ft |
Source: The MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $1,250,000 | Lawyers Title | |
| Quit Claim Deed | -- | None Available | |
| Grant Deed | $792,000 | Equity Title Los Angeles | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Gift Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $102,625 | Credit Line Revolving | |
| Open | $822,375 | New Conventional | |
| Previous Owner | $85,000 | Commercial | |
| Previous Owner | $39,500 | Credit Line Revolving | |
| Previous Owner | $673,200 | New Conventional |
Source: Public Records
Similar Homes in Los Angeles, CA
Source: The MLS
MLS Number: 25557507
APN: 5420-019-023
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