NOT LISTED FOR SALE

1639 Scott Ave Los Angeles, CA 90026

Echo Park Neighborhood

Estimated Value: $1,076,000 - $1,480,000

4 Beds
2 Baths
1,278 Sq Ft
$1,045/Sq Ft Est. Value

Sale Details

Date Sold: March 31, 2016

Last sale price $820,000 $642 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $7,994 / mo

Highlights

  • City Lights View
  • Wood Flooring
  • Bungalow
  • Living Room with Fireplace
  • Breakfast Area or Nook
  • Central Heating and Cooling System

About This Home

As of August 2022

This two-level charming bungalow in Echo Park features 4 bedrooms, 2 bathrooms, and a generous indoor/outdoor bonus space (~350 additional sq ft) with sliding doors leading out to a lush and terraced backyard. The renovated single family residence boasts tall ceilings, wood flooring, vintage light fixtures, built-in bookshelves and a custom-made hearth. An abundance of windows provide plenty of sunlight, a nice breeze throughout the house, and treetop views to the Downtown LA skyline. Outside find a brick dining patio, grassy lounging areas, native landscaping and multiple fruit trees (guava, lemon, orange, mulberry, and fig). Other highlights to note - Wolf oven, Bosch fridge, Samsung washer/dryer, central air/heat, and off street parking for 2+ cars. Last but not least, this location earns a 96 walk score and is around the corner from Elysian park, grocery stores, cafes, restaurants.$6000/month and available for a September 1st move in. Can be rented with furniture pictured, partially furnished, or unfurnished.

Last Agent to Rent the Property

Austen Lee

Backbeat Homes License #02075654 Listed on: 07/18/2022

Last Renter's Agent

Brooke McCreary

Redfin License #02103902

Redfin

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1906

Lot Details

  • 5,000 Sq Ft Lot
  • Lot Dimensions are 40x125
  • Property is zoned LARD2

Parking

  • 2 Parking Spaces

Property Views

  • City Lights
  • Canyon

Home Design

  • Bungalow

Interior Spaces

  • 1,278 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Dining Area

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Security Deposit $6,000
  • Tenant pays for water, trash collection, electricity
  • 12 Month Lease Term
  • Assessor Parcel Number 5419-015-012

Home Details

Home Type

Single Family

Year Built

Built in 1906

Lot Details

5,000 Sq Ft Lot

Rental Info

  • Credit Report Required: Yes
  • Furnished: Furnished Or Unfurnished
  • Security Deposit: 6000
  • Tenant Pays: Water, Trash Collection, Electricity

Listing Details

  • Property Type: Residential Lease
  • Style: Bungalow
  • Single Family Or Apt: Single Family
  • Levels: Two
  • Street Number Display: Yes
  • Advertising Remarks: his two-level charming bungalow in Echo Park features 4 bedrooms, 2 bathrooms, and a generous indoor/outdoor bonus space (~350 additional sq ft) with sliding doors leading out to a lush and terraced backyard. The renovated single family residence boasts tall ceilings, wood flooring, vintage light fixtures, built-in bookshelves and a custom-made hearth. An abundance of windows provide plenty of sunlight, a nice breeze throughout the house, and treetop views to the Downtown LA skyline. Outside find a brick dining patio, grassy lounging areas, native landscaping and multiple fruit trees (guava, lemon, orange, mulberry, and fig). Other highlights to note - Wolf oven, Bosch fridge, Samsung washer/dryer, central air/heat, and off street parking for 2+ cars. Last but not least, this location earns a 96 walk score and is around the corner from Elysian park, grocery stores, cafes, restaurants.
  • Lease Terms: 1+Year
  • Living Area: 1278
  • Lot Acreage: 0.1148
  • Lot Dimensions: 40x125
  • Planned Urban Dev: 0
  • Probate: No
  • Stories: 2
  • Year Built: 1906
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Carpet, Wood
  • Bedrooms: 4
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Eating Areas: Breakfast Area, Dining Area
  • Laundry: In Unit
  • Total Bathrooms: 2.00
  • Equipment: Dryer, Range/Oven, Refrigerator, Washer, Garbage Disposal, Dishwasher
  • Price Per S Q F T: 4.69

Exterior Features

  • Pool: No
  • View: City Lights, Canyon
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Heating: Central

Association/Amenities

  • Pet Rules: Call

Lot Info

  • Assessor Parcel Number: 5419-015-012
  • Lot Size Area: 5000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2016
Closed on
Mar 2, 2016
Sold by
Levy Michael
Bought by
Salmasi Negin
Seller's Agent
Tracy Do
Coldwell Banker Realty
Buyer's Agent
Mica Campbell
Sotheby's International Realty
List Price
$749,000
Sold Price
$820,000
Premium/Discount to List
$71,000
9.48%
Current Estimated Value
$1,335,446

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$515,446
Avg. Annual Appreciation
4.97%
Original Mortgage
$417,000
Outstanding Balance
$330,054
Interest Rate
3.65%
Mortgage Type
New Conventional
Estimated Equity
$1,005,392

Purchase Details

Closed on
Mar 5, 2015
Sold by
Levy Michael
Bought by
Levy Michael and Levy Michelle Sorkin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$361,000
Interest Rate
3.61%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 9, 2009
Sold by
Perez John L and Perez Dolores Y
Bought by
Levy Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$383,918
Interest Rate
5.01%
Mortgage Type
FHA
Source: Public Records

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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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
Salmasi Negin $820,000 California Title Company
Levy Michael -- Chicago Title Company
Levy Michael $391,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Salmasi Negin $417,000
Previous Owner Levy Michael $361,000
Previous Owner Levy Michael $383,918
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/25/2022 08/25/22 Rented $6,600 +10.0% --
08/10/2022 08/10/22 Under Contract -- -- --
07/18/2022 07/18/22 For Rent $6,000 +9.1% --
04/05/2021 04/05/21 Rented $5,500 0.0% --
03/24/2021 03/24/21 For Rent $5,500 0.0% --
03/31/2016 03/31/16 Sold $820,000 +9.5% $642 / Sq Ft View Prior Sale
02/29/2016 02/29/16 Pending -- -- --
02/17/2016 02/17/16 For Sale $749,000 -- $586 / Sq Ft
Source: The MLS

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 $11,560 $970,707 $769,465 $201,242
2024 $11,560 $951,675 $754,378 $197,297
2023 $11,333 $933,016 $739,587 $193,429
2022 $10,800 $914,723 $725,086 $189,637
2021 $10,668 $896,788 $710,869 $185,919
2019 $10,344 $870,190 $689,785 $180,405
2018 $10,269 $853,128 $676,260 $176,868
2016 $5,338 $444,277 $341,078 $103,199
2015 $5,259 $437,604 $335,955 $101,649
2014 $5,280 $429,033 $329,375 $99,658
Source: Public Records

Agents Affiliated with this Home

  • Austen Lee

    Landlord's Agent in 2022

    Austen Lee

    Backbeat Homes

    (310) 721-3595

    27 Total Sales

    Austen Lee
    Section Image
  • Scott Gorelick

    Seller's Agent in 2021

    Scott Gorelick

    The Agency

    (424) 313-4395

    20 Total Sales

    Scott Gorelick
    Section Image
  • Tracy Do

    Seller's Agent in 2016

    Tracy Do

    Coldwell Banker Realty

    (323) 842-4001

    47 in this area

    797 Total Sales

    Tracy Do
    Section Image

  • R

    Seller Co-Listing Agent in 2016

    Ronda Doyal

    Coldwell Banker Realty

    (323) 273-0082

    4 in this area

    88 Total Sales

    Ronda Doyal
    Section Image

  • M

    Buyer's Agent in 2016

    Mica Campbell

    Sotheby's International Realty

    Section Image
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Map

Source: The MLS

MLS Number: 22-179765

The MLS

APN: 5419-015-012

California Los Angeles County Los Angeles 90026 Echo Park

1639 Scott Ave, Los Angeles, CA

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