NOT LISTED FOR SALE

1814 Montrose St Unit 4 Los Angeles, CA 90026

Echo Park Neighborhood

Estimated Value: $1,019,000 - $1,535,000

4 Beds
3 Baths
2,190 Sq Ft
$589/Sq Ft Est. Value

Last Sold February 18, 2014

Last sale price $630,000 $288 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $7,574/month

11 Days on Market

Highlights

  • Lake Front
  • 13,694 Sq Ft lot
  • Wood Flooring
  • Primary Bedroom Suite
  • Contemporary Architecture
  • 4-minute walk to Echo Park Lake

About This Home

As of February 2014

Wonderful 1969 Traditional with Views Overlooking Echo Park Lake and all its Majesty. This Free-Standing Single Story House is Part of a Condo Conversion and is Remodeled. Its a 4 Bedroom 3 Bath, has an Open and Airy Feel with a Great Layout, Cooks Kitchen with Stainless Steel Appliances and Corian Counters, Hardwood Floors, Plenty of Storage, Central Heat and Air, Recessed Lighting, and Fireplace. Master Bedroom with Private Bath. Parking for 2 cars. A Stones Throw to Sunset Blvd Restaurants, Bars, and One of LA's Best Achievements in City Planning, the Newly remodeled Echo Park Lake. A Must See

Last Agent to Sell the Property

Ed Faktorovich

Figure 8 Realty License #01401897 Listed on: 01/06/2014

Co-Listed By

Marie-Anne Meulen

Compass License #01924913

Last Buyer's Agent

Elisa G. Ritt

Compass License #01410040

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,430

Year Built

  • Built in 1969 | Remodeled

Lot Details

  • 0.31 Acre Lot
  • Lake Front
  • Property is zoned LARD2

Home Design

  • Contemporary Architecture
  • Entry on the 1st floor
  • Stucco

Interior Spaces

  • 2,190 Sq Ft Home
  • 1-Story Property
  • Decorative Fireplace
  • Living Room
  • Home Office
  • Wood Flooring
  • Lake Views
  • Laundry in unit

Kitchen

  • Breakfast Area or Nook
  • Double Oven
  • Gas Cooktop
  • Range Hood
  • Dishwasher
  • Corian Countertops
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Suite
  • 3 Full Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 2 Covered Spaces
  • Covered Parking
  • Guest Parking
  • Uncovered Parking

Utilities

  • Central Heating and Cooling System
  • Cooling System Powered By Gas

Community Details

  • Association fees include building and grounds
  • Picnic Area

Listing and Financial Details

  • Assessor Parcel Number 5404-005-025

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,430

Year Built

Built in 1969 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Contemporary
  • Levels: One
  • Street Number Display: Yes
  • Complex Name: Montrose Lakeside Condos
  • Entry Floor: 1
  • Living Area: 2190
  • Planned Urban Dev: 0
  • Property Condition: Updated/Remodeled
  • Stories: 1
  • Year Built: 1969
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Decorative
  • Flooring: Hardwood
  • Appliances: Built-In Gas, Cooktop - Gas, Double Oven, Range Hood
  • Bedrooms: 4
  • Fireplaces: 1
  • Full Bathroom: 3
  • Half Bathroom: 0
  • Bedroom Features: Master Suite
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Kitchen Features: Corian Counters
  • Laundry: In Unit
  • Total Bathrooms: 3.00
  • Equipment: Dishwasher, Garbage Disposal, Hood Fan, Range/Oven, Refrigerator
  • Fireplace: Yes
  • Price Per S Q F T: 285.39

Exterior Features

  • Construction: Stucco
  • Tennis Court Y/N: No
  • Pool: No
  • View: Lake
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Covered Parking, Uncovered

Utilities

  • Cooling: Air Conditioning, Central, Gas
  • Earth Quake Ins: 0
  • Heating: Central
  • Security: Carbon Monoxide Detector(s), Smoke Detector

Association/Amenities

  • Amenities: Guest Parking, Picnic Area
  • Pet Rules: Yes

Condo/Co-op/Association

  • Association Fees Include: Building and Grounds
  • HOA Fees: 384.00

Lot Info

  • Special Zoning: Property Report
  • Horses: No
  • Assessor Parcel Number: 5404-005-025
  • Geocode Override: No
  • Lot Size Area: 13694

Multi Family

  • Number Of Units: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 6, 2014
Closed on
Jan 24, 2014
Sold by
Misaki Erin K
Bought by
Iserson Greg
Seller's Agent
Ed Faktorovich
Figure 8 Realty
Buyer's Agent
Elisa G. Ritt
Compass
List Price
$625,000
Sold Price
$630,000
Premium/Discount to List
$5,000
0.8%
Current Estimated Value
$1,290,361

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$660,361
Avg. Annual Appreciation
6.32%
Original Mortgage
$441,000
Outstanding Balance
$335,182
Interest Rate
4.49%
Mortgage Type
New Conventional
Estimated Equity
$955,179

Purchase Details

Closed on
Nov 4, 2013
Sold by
Misaki Meghan and Misaki Arthur
Bought by
Misaki Erin K
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
Iserson Greg $630,000 Lawyers Title
Misaki Erin K -- Accommodation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Iserson Greg $441,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/18/2014 02/18/14 Sold $630,000 +0.8% $288 / Sq Ft
01/17/2014 01/17/14 Pending -- -- --
01/06/2014 01/06/14 For Sale $625,000 -- $285 / 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 $9,430 $772,280 $463,369 $308,911
2024 $9,430 $757,138 $454,284 $302,854
2023 $9,249 $742,293 $445,377 $296,916
2022 $8,822 $727,740 $436,645 $291,095
2021 $8,708 $713,472 $428,084 $285,388
2019 $8,449 $692,312 $415,388 $276,924
2018 $8,390 $678,739 $407,244 $271,495
2016 $7,972 $652,384 $391,431 $260,953
2015 $7,856 $642,586 $385,552 $257,034
2014 $7,592 $613,000 $394,000 $219,000
Source: Public Records

Agents Affiliated with this Home

  • Ed Faktorovich

    Seller's Agent in 2014

    Ed Faktorovich

    Figure 8 Realty

    (323) 270-9303

    8 in this area

    81 Total Sales

    Ed Faktorovich
    Section Image
  • Marie-Anne Meulen

    Seller Co-Listing Agent in 2014

    Marie-Anne Meulen

    Compass

    (949) 278-1298

    5 Total Sales

    Marie-Anne Meulen
    Section Image
  • Elisa G. Ritt

    Buyer's Agent in 2014

    Elisa G. Ritt

    Compass

    (310) 308-4287

    8 in this area

    118 Total Sales

    Elisa G. Ritt
    Section Image
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Map

Source: The MLS

MLS Number: 13-724661

The MLS

APN: 5404-005-025

California Los Angeles County Los Angeles 90026 Echo Park

1814 Montrose St Unit 4, Los Angeles, CA

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