NOT LISTED FOR SALE

1927 Delta St Los Angeles, CA 90026

Echo Park Neighborhood

Estimated Value: $1,181,000 - $1,644,646

4 Beds
3.5 Baths
2,001 Sq Ft
$735/Sq Ft Est. Value

Last Sold July 24, 2019

Last sale price $1,280,000 $640 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $9,112/month

14 Days on Market

About This Home

As of July 2019

Three detached Spanish bungalows on one lot in the heart of Echo Park. This special and rare triplex is gated with a large hedge for extra privacy. Each character-filled unit has its own private deck and outdoor space and all are currently tenant occupied. The two units in the front are both 1BR/1BA and the back unit is a 2BR/1BA with the total income genera ted from the three units currently $6,325/month. Amazing views of the downtown skyline can be found from the top deck while lush landscaping gives this property a very special f eel. Updated kitchens, stylish finishes and individual laundry are just a few of the many features. Easy access to local shopping, dining, and neighborhood hot spots such as the Ech o Park Lake, Elysian Park, the Silver Lake reservoir, Mohawk Bend, Sage, and the Echo. Close to the 101, 110, and 5 freeways for commuting. A smart and savvy investment with great upside potential in one of LA's most popular neighborhoods. AGENTS SEE PRIVATE REMARKS.

Last Agent to Sell the Property

Rob Kallick

Compass License #01871966 Listed on: 06/13/2019

Compass

Co-Listed By

Laura Marchetti

Compass License #01986062

Last Buyer's Agent

Anthony Granados

Beverly and Company, Inc. License #01964081

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,816

Year Built

  • Built in 1925

Lot Details

  • 6,732 Sq Ft Lot

Parking

  • On-Street Parking

Home Design

  • Triplex

Interior Spaces

  • 2,001 Sq Ft Home
  • 1-Story Property

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3.5 Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window

Community Details

  • 3 Buildings
  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 5419-001-021

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,816

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 2001
  • Stories: 1
  • Year Built: 1925
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 4
  • Total Bathrooms: 3.50
  • Equipment: Dishwasher, Dryer, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 647.18

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Parking Garage: On street

Utilities

  • Cooling: Wall Unit(s), Wall/Window
  • Heating: Wall

Lot Info

  • Assessed Improvement Value: 243784
  • Assessed Land Value: 367516
  • Assessor Parcel Number: 5419-001-021
  • Geocode Override: No
  • Lot Size Area: 6732

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 16.90
  • Number Of Units: 3
  • Type Of Units: triplex

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2019
Closed on
Jul 1, 2019
Sold by
1927 Delta Street Llc
Bought by
Cheng William
Seller's Agent
Rob Kallick
Compass
Buyer's Agent
Anthony Granados
Beverly and Company, Inc.
List Price
$1,295,000
Sold Price
$1,280,000
Premium/Discount to List
-$15,000
-1.16%
Current Estimated Value
$1,470,162

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$190,162
Avg. Annual Appreciation
2.23%
Original Mortgage
$800,000
Outstanding Balance
$700,871
Interest Rate
3.82%
Mortgage Type
New Conventional
Estimated Equity
$769,291

Purchase Details

Closed on
Jan 27, 2016
Sold by
Schwartz Deborah Ilana and The Deborah Ilana Schwartz Int
Bought by
1927 Delta Street Llc

Purchase Details

Closed on
Jun 5, 2008
Sold by
Schwartz Deborah
Bought by
Schwartz Deborah Ilana and Deborah Ilana Schwartz Inter V

Purchase Details

Closed on
Sep 4, 2003
Sold by
Wakil Brian and Wakil Susan
Bought by
Schwartz Deborah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$374,250
Interest Rate
5.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 26, 2001
Sold by
Tibbs Tamar
Bought by
Wakil Brian and Wakil Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,900
Interest Rate
6.84%

Purchase Details

Closed on
May 15, 2001
Sold by
Ceballos Maria G
Bought by
Ceballos Cande

Purchase Details

Closed on
Feb 5, 2001
Sold by
Ceballos Cande
Bought by
Tibbs Tamar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,650
Interest Rate
7.06%

Purchase Details

Closed on
Jul 15, 1996
Sold by
Fernandez Manuel H
Bought by
Ceballos Cande

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
4.25%

Purchase Details

Closed on
Feb 27, 1996
Sold by
Fernandez Elsa
Bought by
Fernandez Manuel H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,750
Interest Rate
7.2%

Purchase Details

Closed on
Sep 8, 1995
Sold by
Felix Salvador and Felix Maria M
Bought by
Federal Home Loan Mortgage Corporation
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Cheng William $1,280,000 Equity Title
1927 Delta Street Llc -- None Available
Schwartz Deborah Ilana -- None Available
Schwartz Deborah $499,000 First American Title Co
Wakil Brian -- --
Ceballos Cande -- Gateway Title Company
Tibbs Tamar -- --
Tibbs Tamar $133,000 Gateway Title Company
Ceballos Cande $120,000 American Title Ins Co
Ceballos Cande -- --
Fernandez Manuel H -- First American Title Co
Fernandez Manuel H $85,000 First American Title Co
Federal Home Loan Mortgage Corporation $119,970 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cheng William $800,000
Previous Owner Schwartz Deborah $374,250
Previous Owner Wakil Brian $130,900
Previous Owner Tibbs Tamar $119,650
Previous Owner Ceballos Cande $85,000
Previous Owner Fernandez Manuel H $63,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/24/2019 07/24/19 Sold $1,280,000 -1.2% $640 / Sq Ft
06/27/2019 06/27/19 Pending -- -- --
06/13/2019 06/13/19 For Sale $1,295,000 -- $647 / 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 $16,816 $1,399,864 $1,093,645 $306,219
2024 $16,816 $1,372,416 $1,072,201 $300,215
2023 $16,489 $1,345,507 $1,051,178 $294,329
2022 $15,720 $1,319,125 $1,030,567 $288,558
2021 $15,530 $1,293,260 $1,010,360 $282,900
2020 $15,689 $1,280,000 $1,000,000 $280,000
2019 $7,796 $635,995 $382,363 $253,632
2018 $7,712 $623,525 $374,866 $248,659
2016 $7,366 $599,314 $360,310 $239,004
2015 $7,260 $590,312 $354,898 $235,414
2014 $7,299 $578,750 $347,947 $230,803
Source: Public Records

Agents Affiliated with this Home

  • Rob Kallick

    Seller's Agent in 2019

    Rob Kallick

    Compass

    (323) 775-6305

    41 in this area

    456 Total Sales

    Rob Kallick
    Section Image
  • Laura Marchetti

    Seller Co-Listing Agent in 2019

    Laura Marchetti

    Compass

    (323) 559-8865

    9 in this area

    98 Total Sales

    Laura Marchetti
    Section Image

  • A

    Buyer's Agent in 2019

    Anthony Granados

    Beverly and Company, Inc.

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Map

Source: The MLS

MLS Number: 19-477242

The MLS

APN: 5419-001-021

California Los Angeles County Los Angeles 90026 Echo Park

1927 Delta St, Los Angeles, CA

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