NOT LISTED FOR SALE

2134 Santa Ynez St Los Angeles, CA 90026

Echo Park Neighborhood

Estimated Value: $1,234,000 - $1,848,355

8 Beds
4 Baths
2,820 Sq Ft
$543/Sq Ft Est. Value

Last Sold September 30, 2014

Last sale price $905,000 $321 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $9,172/month

8 Days on Market

About This Home

As of September 2014

We are proud to present a wonderful opportunity to acquire a four (4) unit income property, ALL 2 BEDROOM UNITS, in the Silverlake - Echo Park area. One unit is currently available and other 3 tenant occupied. The two upstairs units feature exposed beam, natural wood vaulted ceilings and the front one has great city views. All the units each have 1 bathroom, separate water heaters and are separately metered for gas and electricity. There is an on-site laundry room and carport parking in the rear. This is a property with great upside and rents well BELOW market. Tenants are not aware of sale.

Last Agent to Sell the Property

Alexander Metaxas

Realty Investment Advisors, Inc. License #01784652 Listed on: 08/06/2014

Last Buyer's Agent

Marcus McInerney

Reservoir Partners License #01848675

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,432

Year Built

  • Built in 1955

Lot Details

  • 4,992

Interior Spaces

  • 2,820 Sq Ft Home
  • 2-Story Property

Kitchen

  • Oven or Range
  • Disposal

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Parking

  • 6 Parking Spaces
  • Carport

Additional Features

  • 4,992 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 5402-037-005

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,432

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 2820
  • Stories: 2
  • Year Built: 1955
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 8
  • Total Bathrooms: 4.00
  • Equipment: Garbage Disposal, Range/Oven
  • Price Per S Q F T: 349.72

Exterior Features

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

Garage/Parking

  • Parking Garage: Carport, Covered Parking
  • Total Parking: 6

Utilities

  • Heating: Wall
  • Water Expense: 2500.00

Fee Information

  • Insurance Expense: 1128.00
  • Maintenance Expense: 2980.00
  • Other Expense: 1000.00

Lot Info

  • Assessed Improvement Value: 141423
  • Assessed Land Value: 88385
  • Assessor Parcel Number: 5402-037-005
  • Geocode Override: No
  • Lot Size Area: 4992

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 16.55
  • Number Of Units: 4
  • Type Of Units: 2+1

Tax Info

  • Tax Expense: 11834.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 23, 2021
Sold by
Huang Diana N and Huang George C
Bought by
Huang Family Trust and Huang
Current Estimated Value
$1,530,839

Purchase Details

Closed on
Feb 22, 2018
Sold by
Huang George
Bought by
Huang George and Huang Diana N

Purchase Details

Listed on
Aug 6, 2014
Closed on
Sep 23, 2014
Sold by
Loo Sherman S
Bought by
Huang George and Huang Diana N
Seller's Agent
Alexander Metaxas
Realty Investment Advisors, Inc.
Buyer's Agent
Marcus McInerney
Reservoir Partners
List Price
$986,200
Sold Price
$905,000
Premium/Discount to List
-$81,200
-8.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.86%
Original Mortgage
$678,750
Interest Rate
4.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 1, 2011
Sold by
Loo Sherman S and Loo Sue S
Bought by
Loo Sherman S and Loo Sue S
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
Huang Family Trust -- Accommodation/Courtesy Recordi
Huang George -- None Available
Huang George $993,000 Old Republic Title Company
Loo Sherman S -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Huang George $678,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2014 09/30/14 Sold $905,000 -8.2% $321 / Sq Ft
08/14/2014 08/14/14 Pending -- -- --
08/06/2014 08/06/14 For Sale $986,200 -- $350 / 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 $13,432 $1,087,666 $721,106 $366,560
2024 $13,262 $1,066,340 $706,967 $359,373
2023 $13,008 $1,045,432 $693,105 $352,327
2022 $12,408 $1,024,934 $679,515 $345,419
2021 $12,250 $1,004,839 $666,192 $338,647
2020 $12,372 $994,537 $659,362 $335,175
2019 $11,886 $975,037 $646,434 $328,603
2018 $11,787 $955,919 $633,759 $322,160
2016 $11,259 $918,801 $609,150 $309,651
2015 $11,096 $905,000 $600,000 $305,000
2014 $3,151 $230,851 $88,786 $142,065
Source: Public Records

Agents Affiliated with this Home

  • Alexander Metaxas

    Seller's Agent in 2014

    Alexander Metaxas

    Realty Investment Advisors, Inc.

    (626) 487-4300

    36 Total Sales

    Alexander Metaxas
    Section Image
  • Marcus McInerney

    Buyer's Agent in 2014

    Marcus McInerney

    Reservoir Partners

    (323) 316-6226

    2 in this area

    11 Total Sales

    Marcus McInerney
    Section Image
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Map

Source: The MLS

MLS Number: 14-783597

The MLS

APN: 5402-037-005

California Los Angeles County Los Angeles 90026 Echo Park

2134 Santa Ynez St, Los Angeles, CA

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