$2,100,000
SOLD DEC 4, 2024
3 Beds
4 Baths
2,331 Sq Ft
7,354 Sq Ft Lot

Recently Sold

$901 Per Sq Ft

4% Below List Price

29 Days on Market

Highlights

  • Guest House
  • View of Trees or Woods
  • 4 Car Attached Garage
  • John Marshall Senior High Rated A
  • Post and Beam
  • Built-In Features

About This Home

As of December 2024

Motivated Seller- Bring all Offers ** Introducing 1916 + 1918 Walcott Way, a captivating compound tucked away in the Elysian Hills of Echo Park. This two-home property combines rustic charm and modern design, creating a serene treetop retreat. The main house features 2 beds, 2 baths, and a dedicated office space with its own private entrance ideal for a work-from-home setup. The open-concept kitchen offers limestone countertops, Miele and Viking appliances, and seamlessly flows into the dining and living areas, perfect for gathering with friends and family. The living room, with its dramatic exposed ceiling beams, opens to a large deck offering 180-degree green canyon views. A perfectly placed jacuzzi just off the living room is the ultimate spot to soak in sunsets and moonlit nights. Upstairs, both bedrooms have direct access to a private deck with more breathtaking views of the surrounding canyon. On the lower landing, a 1-bed, 1-bath garden studio with a private entrance provides additional space for guests, family, or rental opportunities. At the base of the property is the Orchard House, a stunning 1-bed, 2-bath ADU built in 2022. This secluded two-story home features sleek, modern lines, a chef's kitchen, luxury amenities, and expansive windows and decks on both levels. Nestled amidst lush greenery, including 10 fruit trees and a greenhouse, the Orchard House offers complete privacy and income potential. Set in the Semi-Tropic Spiritualist Tract of Echo Park Hills, this one-of-a-kind compound is a peaceful haven offering endless possibilities, all while being minutes from the vibrant energy of Los Angeles.

Last Agent to Sell the Property

Paul Przybyla

Compass License #01919477 Listed on: 10/02/2024

Compass

Last Buyer's Agent

Ari Wintraub

Sotheby's International Realty License #01943483

Sotheby's International Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,047

Year Built

  • Built in 1932

Property Views

  • Woods
  • Trees
  • Hills
  • Valley

Home Design

  • Post and Beam
  • Split Level Home

Interior Spaces

  • 2,331 Sq Ft Home
  • 2-Story Property
  • Built-In Features

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 4 Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 4 Car Attached Garage
  • Side by Side Parking
  • Driveway
  • On-Street Parking

Utilities

  • Central Heating and Cooling System
  • Water Purifier

Additional Features

  • 7,354 Sq Ft Lot
  • Guest House

Community Details

  • 2 Buildings
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 5443-027-039

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,047

Year Built

Built in 1932

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: Post & Beam
  • Levels: Multi/Split
  • Street Number Display: Yes
  • Living Area: 2331
  • Lot Acreage: 0.1688
  • Stories: 2
  • Year Built: 1932
  • Number Of Photos: 72
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 3
  • Total Bathrooms: 4.00
  • Equipment: Built-Ins, Dishwasher, Dryer, Microwave, Garbage Disposal, Washer, Refrigerator, Range/Oven, Water Filter
  • Price Per S Q F T: 941.66

Exterior Features

  • Other Structures: GuestHouse
  • View: Hills, Valley, Trees/Woods, Tree Top
  • View: Yes

Garage/Parking

  • Parking Garage: Attached, Driveway, On street, Side By Side
  • Total Parking: 4

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Assessed Improvement Percent: 26.91
  • Assessed Improvement Value: 149801
  • Assessed Land Percent: 73.09
  • Assessed Land Value: 406957
  • Total Assessed Value: 556758
  • Assessor Parcel Number: 5443-027-039
  • Lot Size Area: 7354

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 14.00
  • Number Of Units: 2
  • Total Annual Expense: 0
  • Type Of Units: 2 Homes
  • Vacancy Rate: Vacant

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2024
Closed on
Nov 1, 2024
Sold by
Weston Jonathan P and Weston Mari J
Bought by
Genoway Parker
Seller's Agent
Paul Przybyla
Compass
Buyer's Agent
Ari Wintraub
Sotheby's International Realty
List Price
$2,195,000
Sold Price
$2,100,000
Premium/Discount to List
-$95,000
-4.33%
Views
36
Current Estimated Value
$2,011,542

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$88,458
Avg. Annual Appreciation
-5.84%
Original Mortgage
$1,470,000
Outstanding Balance
$1,457,871
Interest Rate
6.54%
Mortgage Type
New Conventional
Estimated Equity
$544,627

Purchase Details

Closed on
Apr 16, 2001
Sold by
Webber Stephen E and Webber Julie D
Bought by
Weston Jonathan P and Weston Maria J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Interest Rate
6.98%
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 Type Sale Price Title Company
Grant Deed $2,100,000 Equity Title Company
Grant Deed $2,100,000 Equity Title Company
Grant Deed $330,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,470,000 New Conventional
Closed $1,470,000 New Conventional
Previous Owner $767,367 New Conventional
Previous Owner $742,000 Unknown
Previous Owner $100,000 Credit Line Revolving
Previous Owner $650,000 Negative Amortization
Previous Owner $150,000 Credit Line Revolving
Previous Owner $444,500 Unknown
Previous Owner $79,400 Credit Line Revolving
Previous Owner $317,600 Unknown
Previous Owner $264,000 No Value Available
Closed $49,500 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/04/2024 12/04/24 Sold $2,100,000 0.0% $901 / Sq Ft
12/04/2024 12/04/24 Sold $2,100,000 -4.3% $901 / Sq Ft
10/31/2024 10/31/24 Pending -- -- --
10/31/2024 10/31/24 Pending -- -- --
10/02/2024 10/02/24 For Sale $2,195,000 0.0% $942 / Sq Ft
08/31/2024 08/31/24 For Sale $2,195,000 -- $942 / 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 $7,047 $2,100,000 $1,867,000 $233,000
2024 $7,047 $567,893 $415,096 $152,797
2023 $6,912 $556,758 $406,957 $149,801
2022 $6,590 $545,842 $398,978 $146,864
2021 $6,504 $535,140 $391,155 $143,985
2019 $6,309 $519,269 $379,554 $139,715
2018 $6,282 $509,088 $372,112 $136,976
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 24-448109

The MLS

APN: 5443-027-039