NOT LISTED FOR SALE

2208 W Court St Los Angeles, CA 90026

Westlake Neighborhood

Estimated Value: $735,000 - $909,000

2 Beds
2 Baths
884 Sq Ft
$900/Sq Ft Est. Value

Last Sold March 21, 2019

Last sale price $452,000 $511 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $4,847/month

94 Days on Market

About This Home

As of March 2019

Court date has been set for 12/06/18 @ 8:30am in Department 9 (DTLA Superior Court - Stanley Mosk) and starting overbid amount is $452,000 - Probate Sale subject to Court Confirmation & Possible Overbid. True value add opportunity situated in Echo Park, one of the hottest zipcodes in Los Angeles and offers the astute investor tremendous rental upside potential. This property is perfectly positioned for an Owner/User or Investor. The asset consists of (2) Two One Bedroom and One Bathroom units. Both units are now vacant. The location of this building offers residents an impressive array of entertainment, lifestyle and retail amenities. Within minutes, residents can enjoy boutique shops, chic restaurants, cool meeting spots and artistically inclined venues. Given the property's prime location & significant value-add component, this is an ideal investment for a value add investor or owner/user who will reap the benefits of renovations that will attract residents who will pay market rents.

Last Agent to Sell the Property

David Weinberger

Keller Williams Studio City License #01349349 Listed on: 07/10/2018

Keller Williams Studio City

Co-Listed By

David Rothblum

RE/MAX One License #01332525

Last Buyer's Agent

David Weinberger

Keller Williams Studio City License #01349349 Listed on: 07/10/2018

Keller Williams Studio City

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,140

Year Built

  • Built in 1925

Lot Details

  • 3,520 Sq Ft Lot

Parking

  • 3 Parking Spaces

Home Design

  • 884 Sq Ft Home

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 5157-018-043

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,140

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 884
  • Probate: Yes
  • Year Built: 1925
  • Number Of Photos: 6
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 2
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 2.00
  • Den: 0
  • Price Per S Q F T: 565.50

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Parking Garage: Garage - 3 Car
  • Total Parking: 3

Lot Info

  • Assessed Improvement Value: 82792
  • Assessed Land Value: 82792
  • Assessor Parcel Number: 5157-018-043
  • Geocode Override: No
  • Lot Size Area: 3520

Rental Info

  • Court Approve: Yes

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 11.57
  • Number Of Units: 2
  • Total Annual Expense: 9198
  • Type Of Units: Apartment
  • Vacancy Rate: 100%

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2018
Closed on
Mar 15, 2019
Sold by
Lee Cindy
Bought by
Lee Chong
Seller's Agent
David Weinberger
Keller Williams Studio City
Buyer's Agent
David Weinberger
Keller Williams Studio City
List Price
$499,900
Sold Price
$452,000
Premium/Discount to List
-$47,900
-9.58%
Current Estimated Value
$795,706

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$343,706
Avg. Annual Appreciation
8.89%

Purchase Details

Listed on
Jul 10, 2018
Closed on
Mar 12, 2019
Sold by
Peralta Patricia I and The Lino Chavez Living Trust
Bought by
Lee Chong
Seller's Agent
David Weinberger
Keller Williams Studio City
Buyer's Agent
David Weinberger
Keller Williams Studio City
List Price
$499,900
Sold Price
$452,000
Premium/Discount to List
-$47,900
-9.58%

Purchase Details

Closed on
Nov 13, 2015
Sold by
Chavez Lino
Bought by
Chavez Lino and The Lino Chavez Living Trust

Purchase Details

Closed on
Aug 30, 2010
Sold by
Chavez John
Bought by
Chavez Lino and Chavez John
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
Lee Chong -- Lawyers Title
Lee Chong $452,000 Lawyers Title
Chavez Lino -- None Available
Chavez Lino -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Lee Chong $0
Open Lee Chong $307,000
Previous Owner Peralta Patricia L $50,000
Previous Owner Chavez Joseph $67,247
Previous Owner Chavez Joseph $12,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/21/2019 03/21/19 Sold $452,000 -9.6% $511 / Sq Ft
10/12/2018 10/12/18 Pending -- -- --
09/07/2018 09/07/18 For Sale $499,900 0.0% $565 / Sq Ft
09/07/2018 09/07/18 Price Changed $499,900 +10.6% $565 / Sq Ft
08/31/2018 08/31/18 Off Market $452,000 -- --
08/31/2018 08/31/18 For Sale $449,000 -0.7% $508 / Sq Ft
08/21/2018 08/21/18 Off Market $452,000 -- --
08/21/2018 08/21/18 For Sale $449,000 -0.7% $508 / Sq Ft
08/11/2018 08/11/18 Off Market $452,000 -- --
08/11/2018 08/11/18 For Sale $449,000 -0.7% $508 / Sq Ft
08/01/2018 08/01/18 Off Market $452,000 -- --
07/10/2018 07/10/18 Price Changed $449,000 -10.0% $508 / Sq Ft
07/10/2018 07/10/18 For Sale $499,000 -- $564 / 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 $6,140 $504,211 $392,661 $111,550
2024 $6,140 $494,325 $384,962 $109,363
2023 $6,026 $484,633 $377,414 $107,219
2022 $5,751 $475,131 $370,014 $105,117
2021 $5,678 $465,815 $362,759 $103,056
2020 $5,742 $461,040 $359,040 $102,000
2019 $901 $376,677 $271,906 $104,771
2018 $2,184 $168,894 $84,447 $84,447
2016 $2,085 $162,338 $81,169 $81,169
2015 $2,057 $159,900 $79,950 $79,950
2014 $2,078 $156,768 $78,384 $78,384
Source: Public Records

Agents Affiliated with this Home

  • David Weinberger

    Seller's Agent in 2019

    David Weinberger

    Keller Williams Studio City

    (818) 970-0915

    1 in this area

    70 Total Sales

    David Weinberger
    Section Image
  • David Rothblum

    Seller Co-Listing Agent in 2019

    David Rothblum

    RE/MAX

    (818) 400-0803

    118 Total Sales

    David Rothblum
    Section Image
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Map

Source: The MLS

MLS Number: 18-363226

The MLS

APN: 5157-018-043

California Los Angeles County Los Angeles 90026 Westlake

2208 W Court St, Los Angeles, CA

This home is located at 2208 W Court St, Los Angeles, CA 90026 since 10 July 2018 and is currently estimated at $795,706, approximately $900 per square foot. This property was built in 1925. 2208 W Court St is a home located in Los Angeles County with nearby schools including Rosemont Avenue Elementary School, Virgil Middle School, and Belmont High School.

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The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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