NOT LISTED FOR SALE

1701 Clinton St Unit 514 Los Angeles, CA 90026

Echo Park Neighborhood

Estimated Value: $770,000 - $941,000

2 Beds
1 Bath
887 Sq Ft
$500/mo HOA Fee

Last Sold December 29, 2023

Last sale price $875,000 $986 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $5,966/month

16 Days on Market

Highlights

  • Lake Front
  • 1.46 Acre Lot
  • Balcony
  • Heated In Ground Pool
  • Engineered Wood Flooring
  • Built-In Features

About This Home

As of December 2023

Welcome home to the Lago Vista, this incredibly coveted complex, was designed by famed LA architect Allyn E. Morris in 1973, to maximize some of the most stunning views of Echo Park Lake and beyond. This open plan 2 level townhome-style unit is the perfect place to be inspired, views await you the moment you open the front door while nestled into popular Echo Park. Expansive, renovated kitchen and dining area complete with custom built maple cabinetry, high end stainless steel appliances, and beamed ceilings. Take in the serene and tranquil light-filled living room with sweeping views of the Echo Park lake, mountains, and twinkling lights at night. Enjoy your morning coffee as you sit on your private balcony, soaking in the day or reading your favorite book as you overlook the picturesque swan boats in the Echo Park reservoir, complete with peek-a boo views of the hills and downtown LA skyline. Wind your way up to the second level where two large bedrooms await, separated by their own pocket doors for added privacy and ample closets. Recent upgrades and amenities include: Updated kitchen with Fisher Paykel appliances, HVAC system (two mini splits, one upstairs, one downstairs) and water heater. Unit comes with two assigned parking spots. An escape within the city with beautifully landscaped and gated grounds, a large heated, in-ground pool, and timeless mid-century design. Centrally located, you are just mere steps away from all the very best Echo Park has to offer with popular restaurants like Gra, Clark Street Bakery, Honey Hi and Donna's just blocks away. Owned by a exhibiting contemporary artist, these views have inspired her recent work. Let it inspire you too.

Last Agent to Sell the Property

Alexandria Jack

Compass License #01952539 Listed on: 11/27/2023

Compass

Last Buyer's Agent

Alexandra Hosseini

Cal American Homes License #01928822

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,637

Year Built

  • Built in 1973

Lot Details

  • Lake Front
  • Gated Home

HOA Fees

  • $500 Monthly HOA Fees

Property Views

  • Lake
  • Mountain

Interior Spaces

  • 887 Sq Ft Home
  • 3-Story Property
  • Built-In Features
  • Living Room
  • Dining Area
  • Intercom

Kitchen

  • Oven or Range
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Engineered Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • Auto Driveway Gate

Outdoor Features

  • Heated In Ground Pool
  • Balcony

Utilities

  • Vented Exhaust Fan
  • Water Purifier

Listing and Financial Details

  • Assessor Parcel Number 5404-009-079

Community Details

Overview

  • 48 Units

Amenities

  • Laundry Facilities

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,637

Year Built

Built in 1973

Lot Details

0

HOA Fees

$500 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Architectural
  • Levels: Two
  • Street Number Display: Yes
  • Complex Name: Lago Vista
  • Entry Floor: 1
  • Living Area: 887
  • Lot Acreage: 1.4560
  • Planned Urban Dev: 0
  • Stories: 3
  • Unit Floor In Building: 1
  • Year Built: 1973
  • Number Of Photos: 29
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile, Engineered Hardwood
  • Bedrooms: 2
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Eating Areas: Dining Area
  • Laundry: Community
  • Total Bathrooms: 1.00
  • Den: 0
  • Equipment: Built-Ins, Dishwasher, Freezer, Garbage Disposal, Intercom, Water Filter, Range/Oven, Refrigerator, Vented Exhaust Fan
  • Price Per S Q F T: 941.38

Exterior Features

  • Balcony: Yes
  • Other Features: Balcony
  • Pool Description: Association Pool, In Ground, Heated
  • Pool: Yes
  • View: Lake, Mountains
  • View: Yes

Garage/Parking

  • Other Spaces: 2
  • Parking Garage: Driveway Gate
  • Total Parking: 2

Utilities

  • Earth Quake Ins: 1
  • Security: Gated

Association/Amenities

  • Amenities: Pool
  • Pet Rules: Yes

Condo/Co-op/Association

  • Assessments: None
  • HOA Fee Frequency: Monthly
  • HOA Fees: 500.00
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 5404-009-079
  • Lot Size Area: 63422

Multi Family

  • Number Of Units: 48

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 27, 2023
Closed on
Dec 26, 2023
Sold by
Kolsrud Rebecca Ellen
Bought by
Uy Christine Kim
Seller's Agent
Alexandria Jack
Compass
Buyer's Agent
Alexandra Hosseini
Cal American Homes
List Price
$835,000
Sold Price
$875,000
Premium/Discount to List
$40,000
4.79%
Views
392
Current Estimated Value
$840,696

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$34,304
Avg. Annual Appreciation
-2.44%
Original Mortgage
$375,000
Outstanding Balance
$369,095
Interest Rate
7.22%
Mortgage Type
New Conventional
Estimated Equity
$471,601

Purchase Details

Listed on
Oct 11, 2021
Closed on
Oct 22, 2021
Sold by
Sarrazin Damien
Bought by
Kolsrud Rebecca Ellen
Seller's Agent
Alin Glogovicean
Redfin Corporation
Buyer's Agent
Keith Couser
Compass
List Price
$699,000
Sold Price
$725,000
Premium/Discount to List
$26,000
3.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.46%

Purchase Details

Closed on
Oct 18, 2007
Sold by
Sarrazin Damien
Bought by
Sarrazin Damien

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Interest Rate
5.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 14, 2005
Sold by
Wang Sally
Bought by
Sarrazin Damien

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,000
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 25, 2005
Sold by
Patterson Michael Ivey
Bought by
Sarrazin Damien

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,000
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 10, 2002
Sold by
Spivy Roger
Bought by
Patterson Michael Ivey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,000
Interest Rate
6.22%

Purchase Details

Closed on
May 9, 2000
Sold by
Vollmer Jeffrey L
Bought by
Spivy Roger

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,400
Interest Rate
9.75%
Source: Public Records

Range of Values:

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Average Value
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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
Uy Christine Kim $875,000 Equity Title Company
Kolsrud Rebecca Ellen $725,000 Fidelity National Title Co
Sarrazin Damien -- American Coast Title Company
Sarrazin Damien -- California Title Company
Sarrazin Damien $400,000 California Title Company
Patterson Michael Ivey $178,000 Southland Title
Spivy Roger $128,000 Progressive Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Uy Christine Kim $375,000
Previous Owner Kolsrud Rebecca Ellen $0
Previous Owner Sarrazin Damien $319,950
Previous Owner Sarrazin Damien $333,750
Previous Owner Sarrazin Damien $325,000
Previous Owner Sarrazin Damien $310,000
Previous Owner Patterson Michael Ivey $170,000
Previous Owner Patterson Michael Ivey $10,000
Previous Owner Patterson Michael Ivey $178,000
Previous Owner Spivy Roger $102,400
Previous Owner Vollmer Jeffrey Leigh $20,000
Closed Spivy Roger $25,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/29/2023 12/29/23 Sold $875,000 +4.8% $986 / Sq Ft
12/13/2023 12/13/23 Pending -- -- --
11/27/2023 11/27/23 For Sale $835,000 +15.2% $941 / Sq Ft
12/01/2021 12/01/21 Sold $725,000 +3.7% $817 / Sq Ft
10/19/2021 10/19/21 Pending -- -- --
10/11/2021 10/11/21 For Sale $699,000 -- $788 / 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 $10,637 $892,500 $581,400 $311,100
2024 $10,637 $875,000 $570,000 $305,000
2023 $8,925 $739,500 $520,200 $219,300
2022 $8,503 $725,000 $510,000 $215,000
2021 $5,980 $504,995 $354,887 $150,108
2019 $5,797 $490,018 $344,362 $145,656
2018 $5,778 $480,410 $337,610 $142,800
2016 $5,519 $461,756 $324,501 $137,255
2015 $5,437 $454,821 $319,627 $135,194
2014 $5,080 $415,000 $292,100 $122,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 23-334455

The MLS

APN: 5404-009-079