NOT LISTED FOR SALE

1760 Clinton St Los Angeles, CA 90026

Echo Park Neighborhood

Estimated Value: $1,036,000 - $1,414,000

5 Beds
3 Baths
1,724 Sq Ft
$696/Sq Ft Est. Value

Last Sold November 27, 2019

Last sale price $860,000 $499 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $7,238/month

81 Days on Market

Highlights

  • Community Lake
  • Laundry Room
  • Bike Trail
  • End Unit

About This Home

As of November 2019

Triplex Fixer in Echo Park! Great opportunity! – owner occupy or purchase as an investment. Sold AS IS. Live in one; generate income from the other two or perfect for extended family. This property has tremendous potential!! Corner lot conveniently located steps above beautiful Echo Park Lake and Recreation Center. Featuring unit mix of: single story main house with 2 bd + 1 bath, front porch and garden – owner occupied; 1 studio unit and single story back house with 2bd + 1 bath – both are tenant occupied. Each unit has its own separate address – 620 & 618 Bonnie Brae St. 2 one-car garages as well as ample street parking. This area is dynamic, growing and rapidly appreciating. Property has upside potential in rents. Located near 101 fwy and public transportation. In close proximity to: Silver Lake, DTLA, Dodger Stadium, Elysian Park, Staples Center, Chinatown, Little Tokyo, Art District, Fashion district Etc. Showing occupied unit with accepted offer. DO NOT DISTURB OCCUPANTS.

Last Agent to Sell the Property

Laura Fuino

BERKSHIRE HATHAWAY HOMESERVICES Crest Real Estate License #01434413 Listed on: 07/03/2019

BERKSHIRE HATHAWAY HOMESERVICES Crest Real Estate

Last Buyer's Agent

Melissa Ellis

Berkshire Hathaway HomeServices California Properties License #01905986

Berkshire Hathaway HomeServices California Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,448

Year Built

  • Built in 1923

Lot Details

  • 4,289 Sq Ft Lot
  • No Common Walls
  • End Unit
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage

Home Design

  • 1,724 Sq Ft Home

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Listing and Financial Details

  • Tenant pays for all utilities
  • Legal Lot and Block 16 / 40
  • Tax Tract Number 1957
  • Assessor Parcel Number 5404010015

Community Details

Overview

  • 3 Buildings
  • 3 Units
  • Community Lake

Recreation

  • Bike Trail

Building Details

  • Rent Control
  • 3 Separate Electric Meters
  • 1 Separate Gas Meter
  • 2 Separate Water Meters
  • Insurance Expense $2,500
  • Water Sewer Expense $450
  • New Taxes Expense $800
  • Operating Expense $3,750
  • Gross Income $25,536

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,448

Year Built

Built in 1923

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 450.00
  • Zoning: LARD2
  • Property Type: Residential Income
  • Parcel Number: 5404010015
  • Year Built: 1923
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: End Unit, No Common Walls
  • Levels: One
  • Price Per Square Foot: 498.84

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Dryer Included, Washer Hookup, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Biking, Lake

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 4289.00
  • Lot Size Acres: 0.0985

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Gross Income: 25536.00
  • Gross Scheduled Income: 25536.00
  • Insurance Expense: 2500.00
  • Lot Size Area: 4289.0000 Square Feet
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 3
  • Rent Control: Yes
  • Total Expenses: 3750.00

Tax Info

  • New Taxes Expense: 800.00
  • Tax Block: 40
  • Tax Census Tract: 1957.20
  • Tax Lot: 16
  • Tax Tract Number: 1957.2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 25, 2024
Sold by
Chickey Michael
Bought by
Chickey Living Trust and Chickey
Current Estimated Value
$1,200,658

Purchase Details

Closed on
Sep 27, 2019
Sold by
Luis Fragoso Living Trust
Bought by
Chickey Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$844,423
Interest Rate
3.12%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 21, 2015
Sold by
Fragoso Luis
Bought by
The Luis Fragoso Living Trust

Purchase Details

Closed on
Jan 23, 2003
Sold by
Fragoso Luis
Bought by
Fragoso Luis
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
Chickey Living Trust -- None Listed On Document
Chickey Michael $860,000 Provident Title Company
The Luis Fragoso Living Trust -- None Available
Fragoso Luis -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chickey Michael $844,423
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/27/2019 11/27/19 Sold $860,000 -11.8% $499 / Sq Ft
09/22/2019 09/22/19 Pending -- -- --
08/07/2019 08/07/19 Price Changed $975,000 -18.8% $566 / Sq Ft
07/03/2019 07/03/19 For Sale $1,200,000 -- $696 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $11,448 $940,531 $284,345 $656,186
2024 $11,448 $922,090 $278,770 $643,320
2023 $11,228 $904,010 $273,304 $630,706
2022 $10,709 $886,286 $267,946 $618,340
2021 $10,578 $868,909 $262,693 $606,216
2020 $10,684 $860,000 $260,000 $600,000
2019 $784 $41,483 $26,345 $15,138
2018 $718 $40,671 $25,829 $14,842
2016 $668 $39,093 $24,827 $14,266
2015 $711 $38,507 $24,455 $14,052
2014 $683 $37,753 $23,976 $13,777
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2019

    Laura Fuino

    BERKSHIRE HATHAWAY HOMESERVICES Crest Real Estate

    Section Image
  • Melissa Ellis

    Buyer's Agent in 2019

    Melissa Ellis

    Berkshire Hathaway HomeServices California Properties

    (310) 963-9826

    1 in this area

    23 Total Sales

    Melissa Ellis
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: BB19157344

California Regional Multiple Listing Service (CRMLS)

APN: 5404-010-015

California Los Angeles County Los Angeles 90026 Echo Park

1760 Clinton St, Los Angeles, CA

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