NOT LISTED FOR SALE

2047 Lake Shore Ave Los Angeles, CA 90039

Echo Park Neighborhood

Estimated Value: $1,240,000 - $1,642,495

3 Beds
2 Baths
1,540 Sq Ft
$963/Sq Ft Est. Value

Last Sold October 15, 2015

Last sale price $965,000 $627 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $8,974/month

12 Days on Market

Highlights

  • 2 Car Attached Garage
  • Built-In Features
  • 1-Story Property
  • Clifford Street Elementary School Rated A-
  • Central Heating and Cooling System

About This Home

As of October 2015

Charming 1930s Spanish duplex in prime Elysian Heights. Each detached unit offers complete privacy with separate outdoor spaces and abundant storage. The beautifully updated front bungalow features 2 bedrooms, 1 bath with wood floors, original cabinetry, formal dining and tastefully renovated kitchen and bathroom. The master bedroom and kitchen both have French doors opening to the private patio making for great indoor/outdoor flow. The expansive terraced yard leads to the 1 bedroom, 1 bathroom rear cottage with gorgeous canyon views. The garage also serves as a perfect separate office/playroom/creative space. Close to Chango, Valerie, Cookbook and all that popular Echo Park has to offer. Both units delivered vacant.

Last Agent to Sell the Property

Sarah Pearson

Compass License #01420776 Listed on: 09/04/2015

Compass

Co-Listed By

Peter Kinnaird

DPP License #01742888

Last Buyer's Agent

Darren Hubert

Real Broker License #01330183

Real Broker

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,036

Year Built

  • Built in 1936

Lot Details

  • 6,463

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 1,540 Sq Ft Home
  • 1-Story Property
  • Built-In Features

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Dryer
  • Washer

Additional Features

  • 6,463 Sq Ft Lot
  • Central Heating and Cooling System

Community Details

  • 2 Buildings
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 5420-005-009

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,036

Year Built

Built in 1936

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 1540
  • Stories: 1
  • Year Built: 1936
  • Number Of Photos: 18
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 3
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Built-Ins, Dishwasher, Dryer, Garbage Disposal, Gas Dryer Hookup, Hood Fan, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 551.30

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Parking Garage: Attached
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Assessed Improvement Value: 123800
  • Assessed Land Value: 476200
  • Assessor Parcel Number: 5420-005-009
  • Geocode Override: No
  • Lot Size Area: 6463

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 15.00
  • Number Of Units: 2
  • Total Annual Expense: 0
  • Type Of Units: 2
  • Vacancy Rate: 100

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 27, 2019
Sold by
Jacobson Stuart and Jacobson Gretchen H
Bought by
Jacobson Gretchen H and Jacobson Stuart
Total Days on Market
12
Current Estimated Value
$1,493,542

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$365,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 4, 2015
Closed on
Sep 17, 2015
Sold by
Shinick Kevin Thomas and Myers Eileen Mary
Bought by
Stuart Jacobson & Gretchen H Jacobson Re
Seller's Agent
Sarah Pearson
Compass
Buyer's Agent
Darren Hubert
Real Broker
List Price
$849,000
Sold Price
$965,000
Premium/Discount to List
$116,000
13.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.46%
Original Mortgage
$417,000
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 5, 2015
Sold by
Shinick Kevin and Myers Eileen
Bought by
Shinick Kevin Thomas and Myers Eileen Mary

Purchase Details

Closed on
Aug 19, 2014
Sold by
Shinick Kevin and Myers Eileen
Bought by
Shinick Kevin and Myers Eileen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$610,000
Interest Rate
4.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 24, 2007
Sold by
Tewes Darryl L and Short Jody
Bought by
Shinick Kevin and Myers Eileen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,400
Interest Rate
6.4%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 9, 2001
Sold by
Tewes Darryl L and Short Jody
Bought by
Tewes Darryl L and Short Jody

Purchase Details

Closed on
Mar 23, 1998
Sold by
Laughlin Candace
Bought by
Tewes Darryl L and Short Judy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,300
Interest Rate
7.15%
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
Jacobson Gretchen H -- Lawyers Title Company
Stuart Jacobson & Gretchen H Jacobson Re $965,000 Fidelity Sherman Oaks
Shinick Kevin Thomas -- None Available
Shinick Kevin -- Title365
Shinick Kevin $756,000 Gateway Title Company
Tewes Darryl L -- --
Tewes Darryl L $194,000 Old Republic Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jacobson Gretchen H $370,000
Closed Jacobson Gretchen H $365,000
Closed Stuart Jacobson & Gretchen H Jacobson Re $417,000
Previous Owner Shinick Kevin $610,000
Previous Owner Shinick Kevin $611,000
Previous Owner Shinick Kevin $113,400
Previous Owner Shinick Kevin $604,800
Previous Owner Short Jody $283,000
Previous Owner Tewes Darryl L $200,000
Previous Owner Tewes Darryl L $100,000
Previous Owner Tewes Darryl L $30,000
Previous Owner Tewes Darryl L $182,350
Previous Owner Tewes Darryl L $184,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2015 10/15/15 Sold $965,000 +13.7% $627 / Sq Ft
09/16/2015 09/16/15 Pending -- -- --
09/04/2015 09/04/15 For Sale $849,000 -- $551 / 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 $10,036 $838,950 $302,213 $536,737
2024 $10,036 $822,501 $296,288 $526,213
2023 $9,840 $806,375 $290,479 $515,896
2022 $9,379 $790,565 $284,784 $505,781
2021 $9,261 $775,064 $279,200 $495,864
2019 $8,981 $752,077 $270,920 $481,157
2018 $8,923 $737,331 $265,608 $471,723
2016 $11,580 $965,000 $772,000 $193,000
2015 $9,102 $750,000 $595,300 $154,700
2014 $7,490 $600,000 $476,200 $123,800
Source: Public Records

Agents Affiliated with this Home

  • Sarah Pearson

    Seller's Agent in 2015

    Sarah Pearson

    Compass

    (310) 709-1699

    66 Total Sales

    Section Image
  • Peter Kinnaird

    Seller Co-Listing Agent in 2015

    Peter Kinnaird

    DPP

    (323) 309-1582

    1 in this area

    44 Total Sales

    Section Image
  • Darren Hubert

    Buyer's Agent in 2015

    Darren Hubert

    Real Broker

    (323) 898-2991

    7 in this area

    72 Total Sales

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Map

Source: The MLS

MLS Number: 15-938433

The MLS

APN: 5420-005-009

California Los Angeles County Los Angeles 90026 Echo Park

2047 Lake Shore Ave, Los Angeles, CA

This home is located at 2047 Lake Shore Ave, Los Angeles, CA 90039 since 04 September 2015 and is currently estimated at $1,483,374, approximately $963 per square foot. This property was built in 1936. 2047 Lake Shore Ave is a home located in Los Angeles County with nearby schools including Clifford Street Elementary School, Thomas Starr King Middle School Film and Media Magnet, and John Marshall Senior High.

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