NOT LISTED FOR SALE

Estimated Value: $1,592,000 - $2,088,391

3 Beds
3 Baths
2,220 Sq Ft
$843/Sq Ft Est. Value

Last Sold April 19, 2019

Last sale price $1,225,000 $552 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $11,474/month

13 Days on Market

Highlights

  • City Lights View
  • Modern Architecture
  • Den
  • John Marshall Senior High Rated A
  • No HOA
  • Living Room

About This Home

As of April 2019

This sleek modern industrial masterpiece sits high above the rest of Echo Park, offering sweeping views and privacy. The home features concrete flooring throughout, reclaimed wood cabinetry, impossibly high ceilings, clean lines and stunning design detail. The bold, light and airy living space is filled with streaming light from its many windows and balconies and its open layout thoughtfully includes a master suite on each level, opening the home's use to many possibilities. The outdoor areas have been perfectly hardscaped for ultimate entertainment or quiet dinners far from the stresses of LA all while remaining within close proximity to the very best Echo Park has to offer.

Last Agent to Sell the Property

Joanna Suhl

Compass License #01935804 Listed on: 03/08/2019

Compass

Co-Listed By

Richard Michalowski

Compass License #01935805

Last Buyer's Agent

Doug Meese

Coldwell Banker Realty License #02056123

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,254

Year Built

  • Built in 1916

Lot Details

  • 4,054 Sq Ft Lot
  • Property is zoned LAR1

Parking

  • Auto Driveway Gate

Home Design

  • Modern Architecture

Interior Spaces

  • 2,220 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Den
  • Concrete Flooring
  • City Lights Views
  • Alarm System
  • Laundry Room

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 5443-032-020

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,254

Year Built

Built in 1916

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Modern
  • Street Number Display: Yes
  • Living Area: 2220
  • Stories: 2
  • Year Built: 1916
  • Number Of Photos: 54
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Cement
  • Bedrooms: 3
  • Full Bathroom: 3
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Laundry Area
  • Total Bathrooms: 3.00
  • Den: 1
  • Equipment: Alarm System, Dishwasher, Garbage Disposal, Range/Oven, Refrigerator
  • Price Per S Q F T: 538.29

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • Spa Yn: No
  • View: City, City Lights
  • View: Yes

Garage/Parking

  • Parking Garage: Driveway Gate

Utilities

  • Cooling: Air Conditioning, Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 5443-032-020
  • Geocode Override: No
  • Lot Size Area: 4054

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2019
Closed on
Apr 10, 2019
Sold by
Nadiminti Yallappa and Nadiminti Renukadevi
Bought by
Gavenda Jonathan D
Seller's Agent
Joanna Suhl
Compass
Buyer's Agent
Doug Meese
Coldwell Banker Realty
List Price
$1,195,000
Sold Price
$1,225,000
Premium/Discount to List
$30,000
2.51%
Current Estimated Value
$1,871,598

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$646,598
Avg. Annual Appreciation
6.86%
Original Mortgage
$980,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 14, 2015
Closed on
Jul 29, 2015
Sold by
S & L Acquisitions Llc
Bought by
Nadiminti Yallappa and Nadiminti Renukadevi
Seller's Agent
Jeffrey Bar
NELA Homes
Buyer's Agent
Rob Hanson
Realty Source Incorporated
List Price
$998,000
Sold Price
$987,500
Premium/Discount to List
-$10,500
-1.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.03%

Purchase Details

Closed on
Oct 18, 2013
Sold by
Melfi Joanne M
Bought by
S & L Acquisitions Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$715,000
Interest Rate
4.23%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 25, 2003
Sold by
Mclean Louis H
Bought by
Mclean Louis H and The Louis Henry Mclean Revocable Trust
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
Gavenda Jonathan D $1,225,000 Lawyers Title
Nadiminti Yallappa $987,500 None Available
S & L Acquisitions Llc $1,100,011 Provident Title Company
Mclean Louis H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gavenda Jonathan D $960,000
Closed Gavenda Jonathan D $960,000
Closed Gavenda Jonathan D $980,000
Previous Owner S & L Acquisitions Llc $990,000
Previous Owner S & L Acquisitions Llc $975,000
Previous Owner S & L Acquisitions Llc $715,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/19/2019 04/19/19 Sold $1,225,000 +2.5% $552 / Sq Ft
03/08/2019 03/08/19 For Sale $1,195,000 +21.0% $538 / Sq Ft
08/14/2015 08/14/15 Sold $987,500 -1.1% $478 / Sq Ft
07/14/2015 07/14/15 For Sale $998,000 -- $484 / 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 $16,254 $1,366,505 $918,628 $447,877
2024 $16,254 $1,339,712 $900,616 $439,096
2023 $15,935 $1,313,444 $882,957 $430,487
2022 $15,186 $1,287,692 $865,645 $422,047
2021 $14,996 $1,262,444 $848,672 $413,772
2019 $2,118 $1,047,941 $677,050 $370,891
2018 $12,483 $1,027,394 $663,775 $363,619
2016 $11,927 $987,500 $638,000 $349,500
2015 $7,090 $581,388 $305,994 $275,394
2014 $7,121 $570,000 $300,000 $270,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 19-441908

The MLS

APN: 5443-032-020