1659 Lucretia Ave Los Angeles, CA 90026
Echo Park Neighborhood
2
Beds
2
Baths
1,022
Sq Ft
5,351
Sq Ft Lot
Highlights
- City Lights View
- Cooling System Mounted To A Wall/Window
- 1-Story Property
- No HOA
- Laundry Room
About This Home
As of August 2024Welcome to 1659 Lucretia - the quintessential Echo Park hillside duplex, offering a unique investment opportunity in the heart of Los Angeles. Stepping up off the street you will enter a gardener's paradise surrounded by succulents, fruit trees, vines and even a chicken coop. The rear unit has one bed and one bath, and has been extensively upgraded with new plumbing, electrical panel, wiring, tankless water heater, and double pane windows, ensuring modern comfort and efficiency. It also has a spacious deck, on which to relax and entertain. Although it has two possible bedrooms, the front unit is currently being used as an artist studio and presents an exciting restoration project, perfect for customization to suit your vision. Enjoy stunning views of the surrounding hills and Downtown Los Angeles skyline right from your doorstep. With a walkscore of 83, this property is proximate to Valerie Cafe, Hyperion Tavern, Shopping, and only a half mile from Echo Park Lake. Don't miss out on the chance to own this versatile duplex in a prime LA neighborhood. Schedule your showing today and envision the potential that awaits!
Last Agent to Sell the Property
Altadena Real Estate Company Brokerage Phone: 323-868-6242 License #01435884 Listed on: 07/01/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,813
Year Built
- Built in 1950
Lot Details
- 5,351 Sq Ft Lot
- No Common Walls
- Density is up to 1 Unit/Acre
Parking
- 1 Car Garage
Property Views
- City Lights
- Hills
Home Design
- Duplex
Interior Spaces
- 1,022 Sq Ft Home
- 1-Story Property
Bedrooms and Bathrooms
- 2 Bedrooms | 1 Main Level Bedroom
- 2 Full Bathrooms
Laundry
- Laundry Room
- Laundry Located Outside
Utilities
- Cooling System Mounted To A Wall/Window
Community Details
- No Home Owners Association
- 2 Units
Listing and Financial Details
- Tax Lot B
- Tax Tract Number 3005
- Assessor Parcel Number 5419007002
- $192 per year additional tax assessments
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 1, 2024
Closed on
Aug 8, 2024
Sold by
Sara Paloma Avila 2018 Living Trust and Avila Sara Paloma
Bought by
Hewitt George and Keibler Nathan
Seller's Agent
Stephen Aranda
Altadena Real Estate Company
Buyer's Agent
Angela Carrasco
Compass
List Price
$799,000
Sold Price
$1,100,000
Premium/Discount to List
$301,000
37.67%
Total Days on Market
9
Views
48
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$97,322
Avg. Annual Appreciation
-11.06%
Original Mortgage
$880,000
Outstanding Balance
$874,053
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$128,625
Purchase Details
Closed on
Mar 23, 2018
Sold by
Avila Sara Paloma
Bought by
Avila Sara Paloma and Sara Paloma Avila 2018 Living
Purchase Details
Closed on
Sep 28, 2010
Sold by
Doan Theresa
Bought by
Avila Sara Paloma
Similar Homes in the area
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $1,100,000 | First American Title Company | |
| Interfamily Deed Transfer | -- | None Available | |
| Grant Deed | $445,000 | Equity Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $880,000 | New Conventional | |
| Previous Owner | $65,000 | Unknown |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/16/2024 08/16/24 | Sold | $1,100,000 | 0.0% | $1,076 / Sq Ft |
| 07/10/2024 07/10/24 | Pending | -- | -- | -- |
| 07/10/2024 07/10/24 | Off Market | $1,100,000 | -- | -- |
| 07/01/2024 07/01/24 | For Sale | $799,000 | -- | $782 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $6,813 | $558,932 | $390,627 | $168,305 |
| 2023 | $6,680 | $547,973 | $382,968 | $165,005 |
| 2022 | $6,366 | $537,229 | $375,459 | $161,770 |
| 2021 | $6,286 | $526,697 | $368,098 | $158,599 |
| 2020 | $6,348 | $521,297 | $364,324 | $156,973 |
| 2019 | $6,095 | $511,077 | $357,181 | $153,896 |
| 2018 | $6,055 | $501,057 | $350,178 | $150,879 |
| 2016 | $5,784 | $481,602 | $336,581 | $145,021 |
| 2015 | $5,698 | $474,369 | $331,526 | $142,843 |
| 2014 | $5,725 | $465,077 | $325,032 | $140,045 |
Source: Public Records
Agents Affiliated with this Home
-
Stephen Aranda
S
Seller's Agent in 2024
Stephen Aranda
Altadena Real Estate Company
(323) 868-6242
2 in this area
37 Total Sales
-
Angela Carrasco
Buyer's Agent in 2024
Angela Carrasco
Compass
(718) 607-1132
3 in this area
37 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PF24133713
APN: 5419-007-002
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.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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
Nearby Homes
- 1809 Lemoyne St
- 1804 Echo Park Ave
- 1549 Lucretia Ave
- 1921 Delta St
- 1625 Grafton St
- 1721 Morton Ave
- 1947 Delta St
- 1523 Echo Park Ave
- 1649 Bruce Ct
- 1653 Bruce Ct
- 1645 Bruce Ct
- 1633 Bruce Ct
- 1615 Sargent Place
- 1506 Glendale Blvd
- 1711 Sargent Place
- 1878 Lucretia Ave
- 1830 N Alvarado St Unit 14
- 1891 Lucretia Ave
- 2136 Branden St
- 1949 Preston Ave