$930,000
SOLD MAY 7, 2014
4 Beds
3 Baths
1,776 Sq Ft
6,681 Sq Ft Lot

Recently Sold

$524 Per Sq Ft

8% Above List Price

13 Days on Market

Highlights

  • City View
  • Living Room with Fireplace
  • Wood Flooring
  • John Marshall Senior High Rated A
  • Traditional Architecture
  • End Unit

About This Home

As of September 2020

Idyllic opportunity for owner occupied income property in desired patch of Echo Park. On one of the most sought after streets in the area, lies a discrete, private and gorgeous space with the ample comfort of 3 bd/ 2ba convenience. Crisp interior finishes integrate with organic nature feel of surroundings. Restored to original vintage character of the area, while brought up to date with coveted and stylish materials. Updated electrical, HVAC, Walnut hardwood flooring, custom designed cabinetry, and newer appliances reflect just some of the upgrades throughout. Practicality of indoor floor plan has an added bonus of relaxed access to a compelling outdoor sprawl. A sweeping area of grass with eating and sitting areas for languid afternoons, soiree entertaining, and endless leisure. Completed with the practicality of rental income in front unit and all the activity of Echo Park Ave or Sunset Blvd. Unique practicality of investment with tremendous living in one fulfilled package

Last Agent to Sell the Property

Michelle St. Clair-Zsakany

Sotheby's International Realty License #01449428 Listed on: 03/21/2014

Sotheby's International Realty

Last Buyer's Agent

Courtney N Smith

Compass License #01406768

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,572

Year Built

  • Built in 1959 | Remodeled

Lot Details

  • 6,681 Sq Ft Lot
  • End Unit
  • West Facing Home

Home Design

  • Traditional Architecture
  • Turnkey
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,776 Sq Ft Home
  • Recessed Lighting
  • Sliding Doors
  • Living Room with Fireplace
  • Dining Area
  • Wood Flooring
  • City Views

Kitchen

  • Oven or Range
  • Range with Range Hood
  • Freezer
  • Dishwasher
  • Stone Countertops
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Remodeled Bathroom
  • 3 Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry in unit
  • Gas And Electric Dryer Hookup

Parking

  • 2 Parking Spaces
  • Covered Parking

Outdoor Features

  • Open Patio
  • Rear Porch

Utilities

  • Central Heating and Cooling System
  • Sewer in Street

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 5443-010-014

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,572

Year Built

Built in 1959 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: Traditional
  • Street Number Display: Yes
  • Living Area: 1776
  • Property Condition: Updated/Remodeled
  • Year Built: 1959
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Interior Amenities: Recessed Lighting, Turnkey
  • Fireplace Rooms: Living Room
  • Flooring: Hardwood
  • Appliances: Gas, Range, Range Hood
  • Bedrooms: 4
  • Bedroom Features: Master Bedroom
  • Bathroom Features: Remodeled, Shower Over Tub
  • Dining Room: 0
  • Family Room: 0
  • Kitchen Features: Remodeled, Stone Counters
  • Laundry: In Unit
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Dishwasher, Freezer, Garbage Disposal, Gas Or Electric Dryer Hookup, Hood Fan, Range/Oven, Refrigerator
  • Price Per S Q F T: 483.11

Exterior Features

  • Direction Faces: West
  • Construction: Stucco
  • Other Features: End Unit, Sliding Glass Doors
  • Tennis Court Y/N: No
  • Patio: Patio Open, Porch - Rear, Wood
  • Pool: No
  • Roof: Composition
  • View: City, Tree Top
  • View: Yes

Garage/Parking

  • Parking Garage: Covered Parking
  • Total Parking: 2

Utilities

  • Cooling: Air Conditioning, Central
  • Heating: Central
  • Sewer: In Street

Lot Info

  • Assessed Improvement Value: 182900
  • Assessed Land Value: 457100
  • Assessor Parcel Number: 5443-010-014
  • Geocode Override: No
  • Lot Size Area: 6681

Multi Family

  • Unit Type: 2106, 2107
  • Number Of Units: 2
  • Total Annual Expense: 0
  • Type Of Units: 2
  • Vacancy Rate: 50%

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2020
Closed on
Aug 18, 2020
Sold by
Herther Claus
Bought by
Pool Richard and Taing Judy
Seller's Agent
Alyssa Valentine
Compass
Buyer's Agent
Marc Robinson
Keller Williams Beverly Hills
List Price
$1,299,000
Sold Price
$1,437,225
Premium/Discount to List
$138,225
10.64%
Current Estimated Value
$1,712,291

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$275,066
Avg. Annual Appreciation
3.68%
Original Mortgage
$980,325
Outstanding Balance
$878,300
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$833,991

Purchase Details

Listed on
Mar 21, 2014
Closed on
Apr 8, 2014
Sold by
Arin Capital Investment Corp
Bought by
Herther Claus
Seller's Agent
Michelle St. Clair-Zsakany
Sotheby's International Realty
Buyer's Agent
Courtney N Smith
Compass
List Price
$858,000
Sold Price
$930,000
Premium/Discount to List
$72,000
8.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.07%
Original Mortgage
$744,000
Interest Rate
4.35%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 16, 2013
Sold by
Nationstar Mortgage Llc
Bought by
Arin Capital & Investment Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$351,000
Interest Rate
4.36%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
May 2, 2013
Sold by
Lennox Kadu
Bought by
Nationstar Mortgage Llc

Purchase Details

Closed on
Aug 2, 2004
Sold by
Rivers Katrina
Bought by
Lennox Kadu

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$519,200
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 22, 2004
Sold by
Snelgrove Mark C and Vanjones Zoe
Bought by
Lennox Kadu

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$519,200
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 7, 2001
Sold by
Bell Augusta Kathryn and Wolf Anne Lu
Bought by
Snelgrove Mark C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$219,240
Interest Rate
7.15%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 16, 2001
Sold by
Bibo Valfried J
Bought by
Bell Augusta Katherine
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 $1,437,500 Lawyers Title Company
Grant Deed $930,000 Lawyers Title
Quit Claim Deed $541,000 First American Title Ins Co
Trustee Deed $523,257 Orange Coast Title
Interfamily Deed Transfer -- Equity Title Company
Grant Deed $649,000 --
Grant Deed $240,000 Fidelity National Title Co
Grant Deed $40,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $980,325 New Conventional
Previous Owner $100,000 Credit Line Revolving
Previous Owner $739,000 New Conventional
Previous Owner $744,000 New Conventional
Previous Owner $351,000 Stand Alone First
Previous Owner $74,500 Credit Line Revolving
Previous Owner $600,000 Fannie Mae Freddie Mac
Previous Owner $519,200 Purchase Money Mortgage
Previous Owner $223,350 Unknown
Previous Owner $219,240 FHA
Closed $64,900 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/16/2020 09/16/20 Sold $1,437,225 +10.6% $813 / Sq Ft
08/17/2020 08/17/20 Pending -- -- --
08/05/2020 08/05/20 For Sale $1,299,000 0.0% $735 / Sq Ft
07/07/2015 07/07/15 Rented $1,995 0.0% --
07/02/2015 07/02/15 Under Contract -- -- --
06/19/2015 06/19/15 For Rent $1,995 0.0% --
05/07/2014 05/07/14 Sold $930,000 +8.4% $524 / Sq Ft
04/03/2014 04/03/14 Pending -- -- --
03/21/2014 03/21/14 For Sale $858,000 -- $483 / 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
2024 $18,572 $1,525,192 $1,167,328 $357,864
2023 $18,209 $1,495,288 $1,144,440 $350,848
2022 $17,354 $1,465,969 $1,122,000 $343,969
2021 $17,145 $1,437,225 $1,100,000 $337,225
2020 $12,678 $1,042,427 $784,625 $257,802
2019 $12,170 $1,021,989 $769,241 $252,748
2018 $12,100 $1,001,951 $754,158 $247,793
2016 $11,565 $963,046 $724,874 $238,172
2015 $11,394 $948,581 $713,986 $234,595
2014 $6,776 $540,750 $430,000 $110,750
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 14-745491

The MLS

APN: 5443-010-014