NOT LISTED FOR SALE

222 S Union Ave Los Angeles, CA 90026

Westlake Neighborhood

Estimated Value: $1,618,000 - $2,188,000

12 Beds
7 Baths
3,021 Sq Ft
$624/Sq Ft Est. Value

Last Sold June 15, 2022

Last sale price $1,900,000 $629 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $12,287/month

13 Days on Market

Highlights

  • Gated Community
  • Fenced Yard
  • 3-minute walk to Unidad Park & Community Garden
  • Contemporary Architecture
  • East Facing Home

About This Home

As of June 2022

ACCEPTING BACK-UP OFFERS! Gated Modernized Fourplex in Echo Park, no rent control and delivered fully occupied with great tenants. Originally built in 1984, each of the 4 units have 3 bedrooms and 1.5 baths. Recently remodeled to have an open and airy feel throughout. All the units feature wood-like flooring, recessed lighting, newer windows, renovated bathrooms, kitchens highlighting Caesarstone countertops and Stainless Steel Appliances. Gated patio with privacy hedge, coin-op laundry room, outdoor dining, twinkle lights and parking for 8 cars! Close to USC, Downtown LA, public transportation, Silver Lake/ Echo Park eateries, coffee shops and shopping. Whether this is for a 1031 exchange or first time income property, this is A Must See! Drive by only, no sign on property. PLEASE DO NOT DISTURB TENANTS.

Last Agent to Sell the Property

Jodi Rubin

Sotheby's International Realty License #01402265 Listed on: 03/23/2022

Sotheby's International Realty

Co-Listed By

Greg Erpenbach

Sotheby's International Realty License #01881508

Last Buyer's Agent

Suzanne Carney

Compass License #01931676

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $24,222

Year Built

  • Built in 1984 | Remodeled

Lot Details

  • 4,837 Sq Ft Lot
  • East Facing Home
  • Fenced Yard
  • Gated Home

Home Design

  • Contemporary Architecture

Interior Spaces

  • 3,021 Sq Ft Home
  • 2-Story Property

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 7 Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 8 Open Parking Spaces
  • 8 Parking Spaces
  • Assigned Parking

Location

  • City Lot

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window
  • Gas Water Heater

Community Details

  • 4 Units
  • Gated Community

Listing and Financial Details

  • The owner pays for water
  • Assessor Parcel Number 5153-011-010

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$24,222

Year Built

Built in 1984 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: Contemporary
  • Levels: Two
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Alley: Yes
  • Living Area: 3021
  • Lot Acreage: 0.1110
  • Price Per Unit: 462500.00
  • Probate: No
  • Property Condition: Updated/Remodeled
  • Stories: 2
  • Year Built: 1984
  • Number Of Photos: 21
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 12
  • Common Walls: Attached
  • Total Bathrooms: 7.00
  • Equipment: Refrigerator, Microwave, Dishwasher
  • Price Per S Q F T: 612.38

Exterior Features

  • Direction Faces: East
  • Other Structures: None
  • Paved: Yes
  • View: No

Garage/Parking

  • Other Spaces: 8
  • Parking Garage: Assigned
  • Total Parking: 8

Utilities

  • Water Heater: Gas
  • Cooling: Wall/Window
  • Heating: Wall Gas
  • Security: Carbon Monoxide Detector(s), Smoke Detector, Gated
  • Sewer: In Connected and Paid
  • Water: Public
  • Water Heaters: Yes

Schools

  • School District: Los Angeles Unified

Lot Info

  • Assessed Improvement Percent: 22.62
  • Assessed Improvement Value: 407436
  • Assessed Land Percent: 77.38
  • Assessed Land Value: 1393862
  • Total Assessed Value: 1801298
  • Assessor Parcel Number: 5153-011-010
  • Lot Description: Fenced Yard, Gated Community
  • Lot Location: City
  • Lot Size Area: 4837

Rental Info

  • Owner Pays: Water
  • Rent Control: No

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 14.92
  • Number Of Units: 4
  • Total Annual Expense: 32792.65
  • Type Of Units: 3+2
  • Vacancy Rate: 0

MLS Schools

  • School District: Los Angeles Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 29, 2017
Closed on
Jun 2, 2017
Sold by
Misaki Arthur
Bought by
Young Leonard
Seller's Agent
Ed Faktorovich
Figure 8 Realty
Buyer's Agent
Jodi Rubin
Sotheby's International Realty
List Price
$1,749,000
Sold Price
$1,680,000
Premium/Discount to List
-$69,000
-3.95%
Current Estimated Value
$1,884,374

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$204,374
Avg. Annual Appreciation
0.85%
Original Mortgage
$1,223,475
Outstanding Balance
$1,020,942
Interest Rate
4.05%
Mortgage Type
New Conventional
Estimated Equity
$779,242

Purchase Details

Listed on
Jan 25, 2016
Closed on
Mar 15, 2016
Sold by
Wong Alfred K
Bought by
Misaki Arthur and Misaki Kathleen
Seller's Agent
Tadeh Minassian
Signature Fine Estates, Inc.
Buyer's Agent
Ed Faktorovich
Figure 8 Realty
List Price
$1,095,000
Sold Price
$1,110,000
Premium/Discount to List
$15,000
1.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
39.31%
Original Mortgage
$800,000
Interest Rate
3.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 20, 2015
Sold by
Lee Stephanie
Bought by
Wong Alfred K and Silent Investment Llc

Purchase Details

Closed on
Feb 25, 2015
Sold by
Gee Jin S
Bought by
Lee Stephanie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$383,000
Interest Rate
3.61%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 24, 2015
Sold by
Wong Alfred K
Bought by
Lee Stephanie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$383,000
Interest Rate
3.61%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 31, 2014
Sold by
Lee Stephanie
Bought by
Wong Alfred K and Gee Jin S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$385,000
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 31, 2013
Sold by
Gee Jin S
Bought by
Lee Stephanie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$385,000
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 22, 2012
Sold by
Spahl Sue C
Bought by
Wong Alfred K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$297,500
Interest Rate
3.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 18, 2012
Sold by
Wong Alfred K
Bought by
Wong Alfred K and Gee Jin S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$297,500
Interest Rate
3.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 1, 2009
Sold by
Spahl Walter F and The Franz Spahl Inter Vivos Tr
Bought by
Spahl Walter F

Purchase Details

Closed on
Mar 2, 2005
Sold by
Spahl Walter F and The Franz Spahl Trust
Bought by
Spahl Walter F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
5.61%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 2, 2001
Sold by
Spahi Sue
Bought by
Spahi Walter

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,750
Interest Rate
9.55%

Purchase Details

Closed on
Apr 30, 2001
Sold by
Spahl Walter
Bought by
Spahl Walter F and Franz Spahl Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,750
Interest Rate
9.55%
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
Young Leonard $1,680,000 Lawyers Title
Misaki Arthur $1,110,000 Lawyers Title
Wong Alfred K -- None Available
Lee Stephanie -- Lawyers Title
Lee Stephanie -- Lawyers Title
Wong Alfred K -- None Available
Lee Stephanie -- Title 365
Wong Alfred K $450,000 North American Title Company
Wong Alfred K -- Accommodation
Spahl Walter F $560,000 None Available
Spahl Walter F -- First American Title Ins Co
Spahl Walter F -- First American Title Ins Co
Spahi Walter -- First American Title Co
Spahl Walter F -- First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Young Leonard $1,223,475
Previous Owner Misaki Arthur $800,000
Previous Owner Lee Stephanie $383,000
Previous Owner Lee Stephanie $383,000
Previous Owner Lee Stephanie $385,000
Previous Owner Wong Alfred K $297,500
Previous Owner Spahl Walter F $195,000
Previous Owner Spahi Walter $183,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2022 06/15/22 Sold $1,900,000 +2.7% $629 / Sq Ft
04/05/2022 04/05/22 Pending -- -- --
03/23/2022 03/23/22 For Sale $1,850,000 +10.1% $612 / Sq Ft
06/27/2017 06/27/17 Sold $1,680,000 -0.9% $556 / Sq Ft
05/17/2017 05/17/17 Price Changed $1,695,000 -3.1% $561 / Sq Ft
03/29/2017 03/29/17 For Sale $1,749,000 +57.6% $579 / Sq Ft
03/28/2016 03/28/16 Sold $1,110,000 +1.4% $367 / Sq Ft
01/27/2016 01/27/16 Pending -- -- --
01/25/2016 01/25/16 For Sale $1,095,000 -- $362 / 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 $24,222 $2,016,294 $1,411,406 $604,888
2024 $24,222 $1,976,760 $1,383,732 $593,028
2023 $23,755 $1,938,000 $1,356,600 $581,400
2022 $21,922 $1,837,323 $1,421,739 $415,584
2021 $21,651 $1,801,298 $1,393,862 $407,436
2019 $21,004 $1,747,872 $1,352,520 $395,352
2018 $20,869 $1,713,600 $1,326,000 $387,600
2016 $7,527 $604,000 $422,800 $181,200
2015 $5,935 $470,295 $261,275 $209,020
2014 $5,979 $461,083 $256,157 $204,926
Source: Public Records

Agents Affiliated with this Home

  • Jodi Rubin

    Seller's Agent in 2022

    Jodi Rubin

    Sotheby's International Realty

    (310) 888-3728

    1 in this area

    57 Total Sales

    Jodi Rubin
    Section Image
  • Greg Erpenbach

    Seller Co-Listing Agent in 2022

    Greg Erpenbach

    Sotheby's International Realty

    (310) 499-3509

    1 in this area

    27 Total Sales

    Greg Erpenbach
    Section Image
  • Suzanne Carney

    Buyer's Agent in 2022

    Suzanne Carney

    Compass

    (323) 491-4390

    3 in this area

    25 Total Sales

    Suzanne Carney
    Section Image
  • Ed Faktorovich

    Seller's Agent in 2017

    Ed Faktorovich

    Figure 8 Realty

    (323) 270-9303

    2 in this area

    77 Total Sales

    Ed Faktorovich
    Section Image

  • K

    Seller Co-Listing Agent in 2017

    Katherine Gallivan

    Compass

    Section Image
  • Tadeh Minassian

    Seller's Agent in 2016

    Tadeh Minassian

    Signature Fine Estates, Inc.

    (818) 468-9488

    1 in this area

    4 Total Sales

    Tadeh Minassian
    Section Image
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Map

Source: The MLS

MLS Number: 22-132183

The MLS

APN: 5153-011-010

California Los Angeles County Los Angeles 90026 Westlake

222 S Union Ave, Los Angeles, CA

This home is located at 222 S Union Ave, Los Angeles, CA 90026 since 23 March 2022 and is currently estimated at $1,884,374, approximately $623 per square foot. This property was built in 1984. 222 S Union Ave is a home located in Los Angeles County with nearby schools including Union Avenue Elementary, Sal Castro Middle School, and Belmont High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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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