NOT LISTED FOR SALE

1644 Edgecliffe Dr Los Angeles, CA 90026

Estimated Value: $1,713,000 - $2,312,000

4 Beds
4 Baths
3,620 Sq Ft
$584/Sq Ft Est. Value

Last Sold April 04, 2013

Last sale price $939,000 $259 Per Sq Ft

Est. 122% increase in value since last sale

Current estimated payment $12,593/month

8 Days on Market

About This Home

As of April 2013

Touch of Tuscany in Silver Lake. Character building in prime Sunset Junction location. All units are large with hardwood floors, dining areas, balconies, service porches. Owner's apartment shown in it the pictures has been extensively remodeled. Parking area behind the building is being used as common patio/garden space. Large back yard including grassy section. Newer roof, updated electric service, newer sewer line,bolted foundation. Pride of ownership property with substantial rental upside. No sign on the property, please do not disturb occupants.

Last Agent to Sell the Property

Andrew Maleski

ACM Properties License #00891944 Listed on: 02/11/2013

Last Buyer's Agent

Chris Corkum

Compass License #01480053

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,098

Year Built

  • Built in 1923

Lot Details

  • 7,345 Sq Ft Lot

Interior Spaces

  • 3,620 Sq Ft Home
  • 2-Story Property
  • Oven or Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Parking

  • 4 Parking Spaces
  • Driveway

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window

Community Details

  • 4 Units

Listing and Financial Details

  • The owner pays for gardener, water
  • Assessor Parcel Number 5429-022-028

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,098

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 3620
  • Stories: 2
  • Year Built: 1923
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 4
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 4.00
  • Den: 0
  • Equipment: Range/Oven
  • Price Per S Q F T: 259.39

Exterior Features

  • Tennis Court Y/N: No
  • Construction: stucco
  • Pool: No
  • View: No

Garage/Parking

  • Parking Garage: Driveway - Combination
  • Total Parking: 4

Utilities

  • Cooling: Wall/Window
  • Heating: Wall
  • Water Expense: 900.00

Fee Information

  • Insurance Expense: 2600.00
  • Maintenance Expense: 3000.00
  • Other Expense: 500.00

Lot Info

  • Assessed Improvement Value: 184000
  • Assessed Land Value: 491000
  • Assessor Parcel Number: 5429-022-028
  • Geocode Override: No
  • Lot Size Area: 7345

Rental Info

  • Owner Pays: Gardener, Water

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 15.20
  • Number Of Units: 4
  • Rent Control: 100
  • Total Annual Expense: 19691
  • Type Of Units: Flats
  • Vacancy Rate: 0

Tax Info

  • Tax Expense: 11700.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 8, 2018
Sold by
Bushman Jason and Jason Bushman Family Trust
Bought by
Edgecliffe Sanctuary Llc
Current Estimated Value
$2,085,437

Purchase Details

Listed on
Feb 11, 2013
Closed on
Mar 23, 2013
Sold by
Mcclay Kevin
Bought by
Bushman Jason and Herman Wurmfeld Charles
Seller's Agent
Andrew Maleski
ACM Properties
Buyer's Agent
Chris Corkum
Compass
List Price
$939,000
Sold Price
$939,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.70%

Purchase Details

Closed on
Apr 26, 2005
Sold by
Erickson Kenneth J
Bought by
Mcclay Kevin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$618,750
Interest Rate
5.74%
Mortgage Type
Fannie Mae Freddie Mac
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
Edgecliffe Sanctuary Llc -- None Available
Bushman Jason -- None Available
Bushman Jason $939,000 Lawyers Title Company
Mcclay Kevin $825,000 Gateway Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mcclay Kevin $200,000
Previous Owner Mcclay Kevin $618,750
Closed Mcclay Kevin $123,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/04/2013 04/04/13 Sold $939,000 0.0% $259 / Sq Ft
02/19/2013 02/19/13 Pending -- -- --
02/11/2013 02/11/13 For Sale $939,000 -- $259 / 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 $14,098 $1,156,296 $809,041 $347,255
2024 $14,098 $1,133,625 $793,178 $340,447
2023 $13,828 $1,111,398 $777,626 $333,772
2022 $13,189 $1,089,607 $762,379 $327,228
2021 $13,016 $1,068,243 $747,431 $320,812
2019 $12,630 $1,036,561 $725,263 $311,298
2018 $12,551 $1,016,238 $711,043 $305,195
2016 $11,980 $976,778 $683,433 $293,345
2015 $11,807 $962,107 $673,168 $288,939
2014 $11,864 $943,262 $659,982 $283,280
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 13-651087

The MLS

APN: 5429-022-028