$695,000
SOLD AUG 30, 2016
3 Beds
1 Bath
1,176 Sq Ft
7,503 Sq Ft Lot

Recently Sold

$591 Per Sq Ft

3% Below List Price

110 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Panoramic View
  • Fireplace
  • Clifford Street Elementary School Rated A-
  • No HOA
  • Central Air

About This Home

As of September 2018

Back On the Market. A Developer's Dream located in the hills of Echo Park!! One of the largest lots in the neighborhood at 7500 sq ft and it's zoned R3. The home needs some updating but it does have hardwood floors throughout, newer double pane windows, roof is 7 years old, cooper plumbing, and home has a unfinished basement that's 550 sq ft(not account for in the original square footage of the home). The basement has electrical and water making it easy to convert to another living space. This property is being sold in As-Is condition. Showing are by appointment only.

Last Agent to Sell the Property

Emmitt Hayes

Hayes Realty License #01518213 Listed on: 05/07/2016

Last Buyer's Agent

Jamie Sher

The Sher Group License #01362370

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,195

Year Built

  • Built in 1907

Lot Details

  • 7,503 Sq Ft Lot
  • Gentle Sloping Lot

Interior Spaces

  • 1,176 Sq Ft Home
  • Fireplace
  • Panoramic Views

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Bedrooms Down
  • 1 Full Bathroom

Location

  • Urban Location

Utilities

  • Central Air
  • Sewer Paid

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 362
  • Tax Tract Number 1974
  • Assessor Parcel Number 5423005015

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,195

Year Built

Built in 1907

Lot Details

0

Listing Details

  • Assessments: No
  • Other Phone Description: 213-804-0755
  • Property Attached: No
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5423005015
  • Year Built: 1907
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1176.00
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Levels: One
  • Price Per Square Foot: 590.99
  • Room Type: All Bedrooms Down

Exterior Features

  • View: Panoramic
  • Pool Private: No

Utilities

  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Gentle Sloping
  • Lot Size Sq Ft: 7503.00
  • Price Per Lot Square Foot: 92.63
  • Lot Size Acres: 0.1720

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7503.0000 Square Feet

Tax Info

  • Tax Lot: 362
  • Tax Tract Number: 1974.2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 31, 2018
Sold by
Balian Hrac Garo
Bought by
Opsis Capital Real Estate Fund I Llc
Current Estimated Value
$1,584,656

Purchase Details

Listed on
May 7, 2016
Closed on
Aug 17, 2016
Sold by
Kondo Jennifer Mari
Bought by
Balian Hrag Garo
Seller's Agent
Emmitt Hayes
Hayes Realty
Buyer's Agent
Jamie Sher
The Sher Group
List Price
$719,000
Sold Price
$695,000
Premium/Discount to List
-$24,000
-3.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.90%
Original Mortgage
$556,000
Interest Rate
3.42%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 7, 2016
Closed on
Jul 25, 2016
Sold by
Lopez Peter
Bought by
Balian Hrag Garo
Seller's Agent
Emmitt Hayes
Hayes Realty
Buyer's Agent
Jamie Sher
The Sher Group
List Price
$719,000
Sold Price
$695,000
Premium/Discount to List
-$24,000
-3.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$556,000
Interest Rate
3.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 19, 2016
Sold by
Lopez Peter
Bought by
Lopez Peter

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,750
Interest Rate
3.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 18, 2015
Sold by
Guzman Irma
Bought by
Lopez Peter

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,924
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 18, 2004
Sold by
Guzman Victor Hugo
Bought by
Guzman Irma

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,000
Interest Rate
7.2%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 2, 1998
Sold by
Lopez Irma
Bought by
Joel Ignacio and Candelaria Mendoza Revoca

Purchase Details

Closed on
Sep 27, 1995
Sold by
Lopez Peter
Bought by
Lopez Irma
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $1,300,000 Stewart Title
Interfamily Deed Transfer -- Provident Title Company
Grant Deed $695,000 Provident Title Company
Interfamily Deed Transfer -- Landwood Title
Grant Deed $225,000 Landwood Title Company
Interfamily Deed Transfer -- Landsafe Title
Grant Deed -- Landsafe Title
Gift Deed -- --
Gift Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $500,000 Commercial
Previous Owner $122,000 Credit Line Revolving
Previous Owner $556,000 New Conventional
Previous Owner $255,750 New Conventional
Previous Owner $220,924 FHA
Previous Owner $170,000 Unknown
Previous Owner $155,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/04/2018 09/04/18 Sold $1,300,000 0.0% $1,105 / Sq Ft
09/04/2018 09/04/18 Pending -- -- --
09/04/2018 09/04/18 For Sale $1,300,000 +87.1% $1,105 / Sq Ft
08/30/2016 08/30/16 Sold $695,000 -3.3% $591 / Sq Ft
06/20/2016 06/20/16 Pending -- -- --
05/07/2016 05/07/16 For Sale $719,000 0.0% $611 / Sq Ft
05/07/2016 05/07/16 Price Changed $719,000 -4.0% $611 / Sq Ft
04/25/2016 04/25/16 Pending -- -- --
04/16/2016 04/16/16 Price Changed $749,000 -6.3% $637 / Sq Ft
03/02/2016 03/02/16 For Sale $799,000 -- $679 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $17,195 $1,450,172 $1,450,172 --
2024 $17,195 $1,421,738 $1,421,738 --
2023 $16,856 $1,393,861 $1,393,861 $0
2022 $16,061 $1,366,531 $1,366,531 $0
2021 $15,879 $1,339,737 $1,339,737 $0
2020 $16,128 $1,326,000 $1,035,708 $290,292
2019 $15,480 $1,300,000 $1,015,400 $284,600
2018 $8,644 $708,900 $567,120 $141,780
2016 $6,537 $541,128 $338,078 $203,050
2015 $2,326 $194,912 $194,764 $148
2014 $2,343 $191,095 $190,949 $146
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW16045723

California Regional Multiple Listing Service (CRMLS)

APN: 5423-005-015