NOT LISTED FOR SALE

Estimated Value: $1,332,797 - $1,790,000

3 Beds
3 Baths
2,076 Sq Ft
$719/Sq Ft Est. Value

Last Sold December 21, 2017

Last sale price $980,700 $472 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $9,039/month

25 Days on Market

About This Home

As of December 2017

Nestled in the heart of uber hip Silverlake, this diamond in the rough tri-plex could easily become the crown jewel in a portfolio of investments properties with just a little TLC. Once past the re-vamped landscaping, the rent rolls begin with a ground level 1 bedroom + 1 bath owner's unit. Upstairs, are a pair of 1 bedroom + 1 bath units, each with front and rear entrances for convenience. There are a total of 4 garaged parking spaces + additional parking spaces outside. Located within close proximity to Metro lines, restaurants, shopping - all in the midst of vibrant and creative community. The opportunities are endless with this rare Echo Park offering.

Last Agent to Sell the Property

Peter Lorimer

PLG Estates License #01479846 Listed on: 10/26/2017

Last Buyer's Agent

Reid Kaplan

Estate Properties License #01711288

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,543

Year Built

  • Built in 1939

Lot Details

  • 4,101 Sq Ft Lot

Parking

  • 4 Car Garage

Home Design

  • Triplex

Interior Spaces

  • 2,076 Sq Ft Home
  • 2-Story Property
  • Oven or Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Air Conditioning
  • Window Unit Cooling System
  • Heating System Mounted To A Wall or Window

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 5419-021-006

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,543

Year Built

Built in 1939

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • ADA Compliant: No
  • Additional Assessor Parcel Numbers: No
  • Building Permit: No
  • Living Area: 2076
  • Stories: 2
  • Year Built: 1939
  • Number Of Photos: 12
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 3
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Dryer, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 479.29

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Garage Spaces: 4
  • Parking Garage: Garage - 4+ Car
  • Total Parking: 4

Utilities

  • Cooling: Air Conditioning, Window Unit(s)
  • Heating: Wall

Lot Info

  • Additions Alterations: No
  • Assessor Parcel Number: 5419-021-006
  • Geocode Override: No
  • Lot Size Area: 4101

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Number Of Units: 3
  • Rent Control: 100
  • Total Annual Expense: 0
  • Type Of Units: triplex
  • Vacancy Rate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 26, 2017
Closed on
Jan 11, 2018
Sold by
Freedman Robert
Bought by
Freedman Robert and Freedman Kelly A
Seller's Agent
Peter Lorimer
PLG Estates
Buyer's Agent
Reid Kaplan
Estate Properties
List Price
$995,000
Sold Price
$980,700
Premium/Discount to List
-$14,300
-1.44%
Current Estimated Value
$1,491,949

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$511,249
Avg. Annual Appreciation
5.50%
Original Mortgage
$480,700
Outstanding Balance
$404,288
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$1,087,661

Purchase Details

Listed on
Oct 26, 2017
Closed on
Nov 29, 2017
Sold by
Lee Benjamin
Bought by
Freedman Robert and Freedman Kelly Ann
Seller's Agent
Peter Lorimer
PLG Estates
Buyer's Agent
Reid Kaplan
Estate Properties
List Price
$995,000
Sold Price
$980,700
Premium/Discount to List
-$14,300
-1.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,700
Outstanding Balance
$404,288
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$1,087,661

Purchase Details

Closed on
Feb 25, 2016
Sold by
Tsai Cecilia
Bought by
Lee Benjamin and Lee Ione

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$641,250
Interest Rate
3.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 14, 2007
Sold by
Reed Kristina
Bought by
Tsai Cecilia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$562,250
Interest Rate
6.23%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 1, 2005
Sold by
Reed J Mckean
Bought by
Reed Kristina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$556,000
Interest Rate
5.74%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 31, 2005
Sold by
Building Exchange Co
Bought by
Reed Kristina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$556,000
Interest Rate
5.74%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 23, 2005
Sold by
Akinyemi Temidayo
Bought by
Building Exchange Co

Purchase Details

Closed on
Jul 9, 2003
Sold by
Ong George E
Bought by
Akinyemi Temidayo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,500
Interest Rate
7.75%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Freedman Robert -- None Available
Freedman Robert $981,000 Fatcola
Lee Benjamin $855,000 Wfg National Title Co Of Ca
Tsai Cecilia $865,000 Equity Title Company
Reed Kristina -- Chicago Title
Reed Kristina $800,000 Chicago Title
Building Exchange Co -- Lawyers Title
Akinyemi Temidayo $350,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Freedman Robert $480,700
Previous Owner Lee Benjamin $641,250
Previous Owner Tsai Cecilia $562,250
Previous Owner Reed Kristina $556,000
Previous Owner Akinyemi Temidayo $332,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/21/2017 12/21/17 Sold $980,700 -1.4% $472 / Sq Ft
10/26/2017 10/26/17 For Sale $995,000 -- $479 / 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 $13,543 $1,116,207 $774,860 $341,347
2024 $13,543 $1,094,321 $759,667 $334,654
2023 $13,279 $1,072,865 $744,772 $328,093
2022 $12,657 $1,051,829 $730,169 $321,660
2021 $12,497 $1,031,205 $715,852 $315,353
2019 $12,121 $1,000,620 $694,620 $306,000
2018 $12,043 $981,000 $681,000 $300,000
2017 $10,708 $872,100 $612,000 $260,100
2016 $11,939 $978,979 $783,185 $195,794
2015 $11,765 $964,274 $771,421 $192,853
2014 $11,813 $945,386 $756,310 $189,076
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: The MLS

MLS Number: 17-281736

The MLS

APN: 5419-021-006