NOT LISTED FOR SALE

2148 Reservoir St Los Angeles, CA 90026

Echo Park Neighborhood

Estimated Value: $912,000 - $1,487,000

3 Beds
2 Baths
1,451 Sq Ft
$847/Sq Ft Est. Value

Last Sold August 01, 2013

Last sale price $805,000 $555 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $7,451/month

8 Days on Market

Highlights

  • Craftsman Architecture
  • Laundry Room
  • Tankless Water Heater
  • John Marshall Senior High Rated A
  • Studio bedroom
  • Central Heating

About This Home

As of August 2013

Come fall in love! These two charming 1914 craftsman bungalows are located at the border of Silver Lake & Echo Park. The lot is private and gated. Each home possess unique original elements throughout. They still maintain their original charm and possess period details. The front house is a light & bright 2+1 with an additional 200SF bonus space and private yard, currently rented for $2500/month (possible to deliver vacant). The back house, a 1+1 has it's own private yard, extra storage space and is rented for $1500/month. This property is perfect for an owner occupier. Plumbing and electrical have been updated and a tankless water heater has been added. Walk to shops and restaurants in ber-cool Echo Park. Front unit (2+1) may be delivered vacant.

Last Agent to Sell the Property

Mark Mintz

Compass License #01859203 Listed on: 06/20/2013

Compass

Last Buyer's Agent

Matthew Weinberg

Nourmand & Associates-BH License #01856211

Nourmand & Associates-BH

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,872

Year Built

  • Built in 1914

Lot Details

  • 5,489 Sq Ft Lot

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Craftsman Architecture
  • Wood Siding

Interior Spaces

  • 1,451 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Studio bedroom
  • 2 Bathrooms

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating
  • Tankless Water Heater

Community Details

  • 2 Buildings
  • 2 Units

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 5402-033-010

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,872

Year Built

Built in 1914

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: Craftsman
  • Street Number Display: Yes
  • Living Area: 1451
  • Stories: 1
  • Year Built: 1914
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 3
  • Laundry: Inside
  • Total Bathrooms: 2.00
  • Price Per S Q F T: 509.30

Exterior Features

  • Construction: Wood Siding
  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Parking Garage: Garage
  • Total Parking: 2

Utilities

  • Water Heater: Tankless
  • Cooling: Wall/Window
  • Heating: Central

Lot Info

  • Assessed Improvement Value: 110973
  • Assessed Land Value: 641438
  • Assessor Parcel Number: 5402-033-010
  • Geocode Override: No
  • Lot Size Area: 5489

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Unit Type: 2106, 2107
  • Number Of Units: 2
  • Type Of Units: Duplex

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 2, 2020
Sold by
Isaacson John and Isaacson Consuelo
Bought by
Faust Morgan and Isaacson Max
Current Estimated Value
$1,228,400

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$572,000
Outstanding Balance
$510,159
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$718,241

Purchase Details

Listed on
Jun 20, 2013
Closed on
Jul 1, 2013
Sold by
Powers Michael and Brulere Elodie
Bought by
Faust Morgan and Isaacson Max
Seller's Agent
Mark Mintz
Compass
Buyer's Agent
Matthew Weinberg
Nourmand & Associates-BH
List Price
$739,000
Sold Price
$805,000
Premium/Discount to List
$66,000
8.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.51%
Original Mortgage
$603,750
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 4, 2004
Sold by
Glau Phillip
Bought by
Powers Michael and Brulere Elodie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$542,400
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 7, 2003
Sold by
Sanchez Cesar Homero and Sanchez Alina Cecilia
Bought by
Glau Phillip

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$444,000
Interest Rate
5.98%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 9, 2002
Sold by
Sanchez Cesar
Bought by
Sanchez Cesar Homero and Sanchez Alina Cecilia

Purchase Details

Closed on
Sep 30, 2002
Sold by
Sanchez Alina C
Bought by
Sanchez Cesar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,000
Interest Rate
6.05%
Mortgage Type
Balloon

Purchase Details

Closed on
Aug 8, 2002
Sold by
Gironelle Blanca E
Bought by
Sanchez Cesar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,000
Interest Rate
6.05%
Mortgage Type
Balloon
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
Faust Morgan -- Chicago Title Company
Faust Morgan $805,000 California Title Company
Powers Michael $678,000 Southland Title
Glau Phillip $555,000 Southland Title Company
Sanchez Cesar Homero -- --
Sanchez Cesar -- Fidelity National Title Co
Sanchez Cesar $265,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Faust Morgan $572,000
Closed Faust Morgan $603,750
Previous Owner Powers Michael $542,400
Previous Owner Glau Phillip $444,000
Previous Owner Sanchez Cesar $212,000
Closed Powers Michael $67,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/01/2013 08/01/13 Sold $805,000 +8.9% $555 / Sq Ft
06/28/2013 06/28/13 Pending -- -- --
06/20/2013 06/20/13 For Sale $739,000 -- $509 / 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 $11,872 $987,875 $790,303 $197,572
2024 $11,872 $968,506 $774,807 $193,699
2023 $11,641 $949,516 $759,615 $189,901
2022 $11,097 $930,899 $744,721 $186,178
2021 $10,961 $912,647 $730,119 $182,528
2020 $10,978 $902,317 $721,855 $180,462
2019 $10,539 $884,625 $707,701 $176,924
2018 $10,461 $867,280 $693,825 $173,455
2016 $9,999 $833,604 $666,884 $166,720
2015 $9,851 $821,083 $656,867 $164,216
2014 $9,887 $805,000 $644,000 $161,000
Source: Public Records

Agents Affiliated with this Home

  • Mark Mintz

    Seller's Agent in 2013

    Mark Mintz

    Compass

    (310) 991-3808

    61 Total Sales

    Mark Mintz
    Section Image
  • Matthew Weinberg

    Buyer's Agent in 2013

    Matthew Weinberg

    Nourmand & Associates-BH

    (323) 702-1097

    Matthew Weinberg
    Section Image
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Map

Source: The MLS

MLS Number: 13-680979

The MLS

APN: 5402-033-010

California Los Angeles County Los Angeles 90026 Echo Park

2148 Reservoir St, Los Angeles, CA

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