NOT LISTED FOR SALE

Estimated Value: $1,678,000 - $2,193,251

1 Bed
1 Bath
2,440 Sq Ft
6,251 Sq Ft Lot

Last Sold June 27, 2022

Last sale price $1,800,000 $738 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $12,485/month

Highlights

  • City Lights View
  • Wood Flooring
  • Central Heating and Cooling System
  • Clifford Street Elementary School Rated A-
  • Detached Carport Space

About This Home

As of September 2022

Your perfect private Echo Park hideaway awaits. Built originally in 1950 and remodeled in 2022, this 1 bedroom/1 bath apartment is tucked away down a semi-private driveway, with views spanning from Downtown LA, to the Hollywood Sign and Griffith Park Observatory. Contemporary, but with 1950s charm still intact, privacy is key as this hilltop property has no visible windows to neighbors. The owner of this duplex has taken great care to make sure this unit feels like home with updated features and special touches such as black and white checkerboard tile flooring and Caesarstone countertops in the kitchen, as well as Schoolhouse Electric fixtures throughout. A new oversized bedroom window is perfect for watching sunsets over the Hollywood hills, while the bathroom has been entirely redone with Honed Carrara marble floors and new fixtures. If you are looking for a quiet unit, the top floor has a 1 inch rubber mat added under the flooring to make for an incredibly quiet ground floor space to call your own. Outdoor space is included at the entrance of the unit with a spacious concrete patio large enough for a full dining set and patio furniture. In addition, there is also a second entrance through the in-unit laundry room complete with storage and stackable laundry units. Central AC and heat are included, plus one parking spot underneath the carport. Centrally located near Silver Lake reservoir, dog park, Elysian Park trails, Cookbook, Valerie and Bacetti. Open houses Saturday, September 3rd and Sunday, September 4th from 12-3pm - Please park on Ewing or Alvarado and walk up the drive. Showings available upon request.

Last Agent to Rent the Property

Imraan Ali

Compass License #01391639 Listed on: 08/27/2022

Compass

Last Renter's Agent

Imraan Ali

Compass License #01391639 Listed on: 08/27/2022

Compass

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $22,795

Year Built

  • Built in 1955

Lot Details

  • 6,251

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • Detached Carport Space

Additional Features

  • City Lights Views
  • Oven or Range
  • Wood Flooring
  • Central Heating and Cooling System

Listing and Financial Details

  • Security Deposit $3,500
  • Tenant pays for electricity, gas, insurance, move in fee, move out fee, water, trash collection
  • 12 Month Lease Term
  • Assessor Parcel Number 5422-020-024

Community Details

Pet Policy

  • Pets Allowed
  • Pet Deposit $300

Building Details

  • Rent Control

Condo Details

Home Type

Condominium

Est. Annual Taxes

$22,795

Year Built

Built in 1955

Lot Details

0

Rental Info

  • Credit Report Paid By: Tenant
  • Credit Report Required: Yes
  • Pet Deposit: 300.00
  • Rent Control: Yes
  • Rent Excludes: All Utilities. Tenant to be responsible for all utilities.
  • Security Deposit: 3500
  • Tenant Pays: Electricity, Gas, Insurance, Move In Fee, Move Out Fee, Water, Trash Collection

Listing Details

  • Property Type: Residential Lease
  • Single Family Or Apt: Condo/Apt
  • Street Number Display: Yes
  • Advertising Remarks: Your centrally located Echo Park hideaway awaits. Built in 1950 and remodeled in 2022, this 1 bed/1 bath apartment is tucked away down a semi-private driveway, with views spanning from downtown LA, to Hollywood. This hilltop property has no visible windows to neighbors. Updated special touches such as checkerboard flooring and Caesarstone counters, as well as Schoolhouse Electric fixtures throughout make this charming unit feel like home. The bedroom includes an oversized window and the bathroom has been redone with Honed Carrara marble floors. The unit above has a 1 inch rubber mat under the flooring to make for an incredibly quiet ground floor space. Outdoor space is included at the entrance of the unit with a spacious patio. There is a second entrance through the in-unit laundry room complete with storage and stackable laundry units. Central AC and heat, plus one parking spot included
  • Lease Terms: 1+Year
  • Lot Acreage: 0.1435
  • Year Built: 1955
  • Number Of Photos: 21
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Flooring: Wood
  • Bedrooms: 1
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: In Unit
  • Total Bathrooms: 1.00
  • Den: 0
  • Equipment: Washer, Dryer, Range/Oven, Refrigerator

Exterior Features

  • Patio: Concrete Slab
  • Pool: No
  • View: Tree Top, City Lights
  • View: Yes

Garage/Parking

  • Covered Parking: 1
  • Parking Garage: Carport Detached
  • Total Parking: 1

Utilities

  • Cooling: Central
  • Heating: Central

Association/Amenities

  • Pet Rules: Yes

Lot Info

  • Assessor Parcel Number: 5422-020-024
  • Lot Size Area: 6250

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2022
Closed on
Jun 1, 2022
Sold by
Chin Eugene E and Revocabl Lolita
Bought by
Welch John Thomas
Seller's Agent
Diane McDonald
Keller Williams Realty Los Feliz
Buyer's Agent
Imraan Ali
Compass
List Price
$1,499,000
Sold Price
$1,800,000
Premium/Discount to List
$301,000
20.08%
Current Estimated Value
$1,946,563

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$146,563
Avg. Annual Appreciation
1.81%
Original Mortgage
$1,440,000
Outstanding Balance
$1,374,383
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$531,829

Purchase Details

Closed on
Dec 1, 2008
Sold by
Chin Eugene E and Chin Lolita L
Bought by
Chin Lolita L and Eugene E & Lolita L Chin Revocable Trust
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
Welch John Thomas $1,800,000 New Title Company Name
Chin Lolita L -- None Available
Chin Eugene E -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Welch John Thomas $1,440,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/05/2022 09/05/22 Rented $3,500 0.0% --
08/31/2022 08/31/22 For Rent $3,500 0.0% --
08/30/2022 08/30/22 Off Market $3,500 -- --
08/27/2022 08/27/22 For Rent $3,500 0.0% --
06/27/2022 06/27/22 Sold $1,800,000 +20.1% $738 / Sq Ft
05/27/2022 05/27/22 Pending -- -- --
05/18/2022 05/18/22 For Sale $1,499,000 -- $614 / 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 $22,795 $1,910,173 $1,146,104 $764,069
2024 $22,795 $1,872,720 $1,123,632 $749,088
2023 $22,349 $1,836,000 $1,101,600 $734,400
2022 $2,123 $161,586 $30,463 $131,123
2021 $2,082 $158,418 $29,866 $128,552
2019 $2,022 $153,721 $28,981 $124,740
2018 $1,954 $150,708 $28,413 $122,295
2016 $1,838 $144,858 $27,310 $117,548
2015 $1,813 $142,683 $26,900 $115,783
2014 $1,831 $139,889 $26,374 $113,515
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 22-193489

The MLS

APN: 5422-020-024