NOT LISTED FOR SALE

2105 Echo Park Ave Los Angeles, CA 90026

Echo Park Neighborhood

Estimated Value: $1,424,000 - $1,550,000

4 Beds
5 Baths
2,565 Sq Ft
$586/Sq Ft Est. Value

Last Sold March 06, 2024

Last sale price $1,465,000 $571 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $9,223/month

158 Days on Market

Highlights

  • View of Hills
  • Wood Flooring
  • Laundry Room
  • John Marshall Senior High Rated A
  • Built-In Features
  • Shed

About This Home

As of March 2024

Fantastic New Price for this Lovely Dutch Colonial fourplex nestled in the heart of Prime Echo Park amidst a vibrant community. Front facing, 2 Bedroom, 2 Bath Owner's unit vacant and perfect for owner/user. Wonderfully situated in a peaceful, verdant valley just moments away to local shops and restaurants like Valerie, Lady Byrd Cafe, Baceti and so much more. This fantastic property offers a terrific blend of modern updates and timeless appeal as well as being an ideal owner/user setup. Live in one and collect rent from the 3 other units. Echo Park Avenue has been owned by same owner for almost 20 years and has been well maintained and upgraded. The property consists of a lovely two story duplex in front, each with 2BR's, and a charming rear duplex, two side-by-side studios, providing flexibility and privacy for both owners and tenants. One of the studios is currently being utilized as an Airbnb, presenting an excellent opportunity for additional income. You'll be delighted by the mature trees that envelop the property and communal areas, creating a tranquil oasis in the heart of the city. Looking towards the future, this property presents a compelling investment opportunity and considerable upside potential. Echo Park's popularity continues to rise and the demand for quality living spaces in this coveted area is ever-growing, making this fourplex an excellent long-term asset. Don't miss your chance to own a piece of Echo Park's vibrant lifestyle. Embrace the charm, convenience, and income potential offered by this character fourplex.

Last Agent to Sell the Property

Henry Plascencia

Compass License #01250465 Listed on: 08/30/2023

Compass

Last Buyer's Agent

Janet Jacobs

Crosby Doe Associates, Inc. License #01955820

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,642

Year Built

  • Built in 1912

Lot Details

  • 6,018 Sq Ft Lot
  • Gated Home

Home Design

  • Split Level Home

Interior Spaces

  • 2,565 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Views of Hills

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 5 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Uncovered Parking

Outdoor Features

  • Shed

Utilities

  • Window Unit Cooling System
  • Heating System Mounted To A Wall or Window
  • Sewer in Street

Listing and Financial Details

  • Tenant pays for gas, electricity, cable TV
  • The owner pays for water, gardener
  • Assessor Parcel Number 5420-020-002

Community Details

Overview

  • 2 Buildings
  • 4 Units

Building Details

  • Rent Control

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,642

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: Multi/Split
  • Street Number Display: Yes
  • Alley: Yes
  • Living Area: 2565
  • Lot Acreage: 0.1381
  • Stories: 2
  • Year Built: 1912
  • Number Of Photos: 31
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Mixed, Carpet, Hardwood, Ceramic Tile
  • Bedrooms: 4
  • Laundry: Inside
  • Total Bathrooms: 5.00
  • Equipment: Built-Ins, Gas Dryer Hookup, Washer, Refrigerator, Range/Oven, Dryer, Dishwasher
  • Price Per S Q F T: 582.85

Exterior Features

  • Other Structures: Shed(s)
  • View: Hills
  • View: Yes

Garage/Parking

  • Parking Garage: Parking Space, Uncovered
  • Total Parking: 2

Utilities

  • Cooling: Window Unit(s)
  • Heating: Wall
  • Security: Gated
  • Sewer: In Street

Lot Info

  • Assessed Improvement Percent: 20.00
  • Assessed Improvement Value: 197020
  • Assessed Land Percent: 80
  • Assessed Land Value: 788104
  • Total Assessed Value: 985124
  • Assessor Parcel Number: 5420-020-002
  • Lot Size Area: 6018

Rental Info

  • Total Actual Rent: 100200.00
  • Owner Pays: Water, Gardener
  • Rent Control: Yes
  • Tenant Pays: Gas, Electricity, Cable TV

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 16.40
  • Number Of Units: 4
  • Rent Control: 100
  • Total Annual Expense: 34560.62
  • Type Of Units: Income
  • Vacancy Rate: 25%

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 30, 2023
Closed on
Feb 27, 2024
Sold by
Holden Eric
Bought by
Ragussis Daniel
Seller's Agent
Henry Plascencia
Compass
Buyer's Agent
Janet Jacobs
Crosby Doe Associates, Inc.
List Price
$1,639,000
Sold Price
$1,465,000
Premium/Discount to List
-$174,000
-10.62%
Views
277
Current Estimated Value
$1,502,124

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,124
Avg. Annual Appreciation
0.38%
Original Mortgage
$1,391,750
Outstanding Balance
$1,370,193
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$103,079

Purchase Details

Closed on
Jun 25, 2004
Sold by
Wong Steven and Ito Leslie
Bought by
Holden Eric

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
4.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 21, 2003
Sold by
Huerta Jose E
Bought by
Wong Steven and Ito Leslie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$482,400
Interest Rate
5.89%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 6, 2002
Sold by
Nery Benedicto B and Nery Severina E
Bought by
Nery Ferdinand E and Nery Juliet A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,500
Interest Rate
9.49%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 5, 2002
Sold by
Sjaholm Shirley J
Bought by
Huerta Jose E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,500
Interest Rate
9.49%
Mortgage Type
Purchase Money Mortgage
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
Ragussis Daniel $1,465,000 Chicago Title Company
Holden Eric $750,000 Southland Title
Wong Steven $620,000 Fidelity National Title Co
Nery Ferdinand E -- --
Huerta Jose E $374,000 Southland Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ragussis Daniel $1,391,750
Previous Owner Holden Eric $610,000
Previous Owner Holden Eric $690,000
Previous Owner Holden Eric $600,000
Previous Owner Wong Steven $482,400
Previous Owner Huerta Jose E $360,000
Previous Owner Huerta Jose E $20,000
Previous Owner Huerta Jose E $31,000
Previous Owner Huerta Jose E $280,500
Previous Owner Sjaholm Shirley J $70,000
Closed Holden Eric $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/06/2024 03/06/24 Sold $1,465,000 -2.0% $571 / Sq Ft
02/04/2024 02/04/24 Pending -- -- --
12/13/2023 12/13/23 Price Changed $1,495,000 -4.7% $583 / Sq Ft
11/18/2023 11/18/23 Price Changed $1,569,000 -4.3% $612 / Sq Ft
08/30/2023 08/30/23 For Sale $1,639,000 -- $639 / 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 $12,642 $1,494,300 $918,000 $576,300
2024 $12,642 $1,024,922 $819,943 $204,979
2023 $12,398 $1,004,826 $803,866 $200,960
2022 $11,823 $985,124 $788,104 $197,020
2021 $11,672 $965,808 $772,651 $193,157
2019 $11,322 $937,164 $749,735 $187,429
2018 $11,259 $918,789 $735,035 $183,754
2016 $10,754 $883,113 $706,494 $176,619
2015 $10,597 $869,849 $695,882 $173,967
2014 $10,650 $852,811 $682,251 $170,560
Source: Public Records

Agents Affiliated with this Home

  • Henry Plascencia

    Seller's Agent in 2024

    Henry Plascencia

    Compass

    (310) 995-6273

    5 in this area

    37 Total Sales

    Henry Plascencia
    Section Image

  • J

    Buyer's Agent in 2024

    Janet Jacobs

    Crosby Doe Associates, Inc.

    Section Image
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Map

Source: The MLS

MLS Number: 23-293591

The MLS

APN: 5420-020-002

California Los Angeles County Los Angeles 90026 Echo Park

2105 Echo Park Ave, Los Angeles, CA

This home is located at 2105 Echo Park Ave, Los Angeles, CA 90026 since 30 August 2023 and is currently estimated at $1,502,124, approximately $585 per square foot. This property was built in 1912. 2105 Echo Park Ave is a home located in Los Angeles County with nearby schools including Elysian Heights Elementary, Thomas Starr King Middle School Film and Media Magnet, and John Marshall Senior High.

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