NOT LISTED FOR SALE

Estimated Value: $1,085,000 - $4,462,000

4 Beds
4 Baths
1,715 Sq Ft
$1,932/Sq Ft Est. Value

Highlights

  • New Construction
  • Modern Architecture
  • Living Room
  • City Lights View
  • Balcony
  • Laundry Room

About This Home

As of February 2024

PRICE REDUCED! 227 1/2 N. Park View is a 2021 new-construction luxury four-plex located in the trendy Silver Lake/Echo Park adjacent area with Amazing Views of Downtown. The sleek modern units have gorgeous finishes with stunning views of Los Angeles throughout each unit. This unit consists of a 4 bed 4 bath (1715 square feet) spacious unit. All units have been separately metered with their own water, electric, and gas meters. Each unit has Central A/C, stainless steel appliances, tankless water heaters, garages, Quartz stone counters, and custom bathrooms. Each unit comes with its own separate laundry room with units installed. Buyer is to verify all and do their own due diligence. The property is fully Gated with Motorized Gate in the driveway.

Last Agent to Rent the Property

Fred Nabati

Trimax Realty, Inc. License #01276914 Listed on: 09/28/2023

Co-Listed By

Morris Peykar

Trimax Realty, Inc. License #02090155

Last Renter's Agent

James Baulding Jr.

Compass License #02146765

Compass

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $44,203

Year Built

  • Built in 2021 | New Construction

Lot Details

  • 7,441 Sq Ft Lot
  • Gated Home

Home Design

  • Modern Architecture

Interior Spaces

  • 1,715 Sq Ft Home
  • 3-Story Property
  • Living Room
  • Laminate Flooring
  • City Lights Views

Kitchen

  • Oven or Range
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Parking

  • 1 Covered Space
  • Covered Parking
  • Automatic Gate
  • Uncovered Parking

Outdoor Features

  • Balcony

Utilities

  • Central Heating and Cooling System
  • Tankless Water Heater
  • Gas Water Heater

Listing and Financial Details

  • Security Deposit $4,500
  • Tenant pays for electricity, gas, water, trash collection, cable TV, ada upgrades, insurance
  • 12 Month Lease Term
  • Assessor Parcel Number 5157-007-026

Community Details

Overview

  • 4 Units

Pet Policy

  • Call for details about the types of pets allowed

Security

  • Carbon Monoxide Detectors
  • Fire Sprinkler System

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$44,203

Year Built

Built in 2021 | New Construction

Lot Details

0

Rental Info

  • Credit Report Amount: 48.50
  • Credit Report Paid By: Tenant
  • Credit Report Required: Yes
  • Security Deposit: 4500
  • Tenant Pays: Electricity, Gas, Water, Trash Collection, Cable TV, ADA Upgrades, Insurance

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Apartment
  • Style: Modern
  • Single Family Or Apt: Condo/Apt
  • Levels: Three Or More
  • Street Number Display: Yes
  • Advertising Remarks: PRICE REDUCED! 227 1/2 N. Park View is a 2021 new-construction luxury four-plex located in the trendy Silver Lake/Echo Park adjacent area with Amazing Views of Downtown. The sleek modern units have gorgeous finishes with stunning views of Los Angeles throughout each unit. This unit consists of a 4 bed 4 bath (1715 square feet) spacious unit. All units have been separately metered with their own water, electric, and gas meters. Each unit has Central A/C, stainless steel appliances, tankless water heaters, garages, Quartz stone counters, and custom bathrooms. Each unit comes with its own separate laundry room with units installed. Buyer is to verify all and do their own due diligence. The property is fully Gated with Motorized Gate in the driveway. Please contact Morris at 310-666-0540 or email at Morris@TrimaxLA.com for showing requests.
  • Lease Terms: 1+Year
  • Living Area: 1715
  • Lot Acreage: 0.1708
  • Monthto Month: No
  • Property Condition: New Construction
  • Stories: 3
  • Year Built: 2021
  • Number Of Photos: 40
  • State Abbrv: CA
  • Special Features: NewHome

Interior Features

  • Flooring: Laminate
  • Bedrooms: 4
  • Full Bathroom: 4
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: In Unit, Inside
  • Total Bathrooms: 4.00
  • Den: 0
  • Equipment: Dishwasher, Dryer, Freezer, Garbage Disposal, Washer, Refrigerator, Range/Oven, Microwave
  • Price Per S Q F T: 2.62

Exterior Features

  • Other Features: Balcony
  • Pool: No
  • View: City, City Lights
  • View: Yes

Garage/Parking

  • Covered Parking: 1
  • Parking Garage: Covered Parking, Uncovered

Utilities

  • Water Heater: Tankless, Gas, Instant Hot Water
  • Cooling: Air Conditioning, Central
  • Heating: Central
  • Security: Automatic Gate, Carbon Monoxide Detector(s), Fire and Smoke Detection System, Fire Sprinklers, Gated

Association/Amenities

  • Pet Rules: Call

Lot Info

  • Assessor Parcel Number: 5157-007-026
  • Lot Size Area: 7441

Multi Family

  • Number Of Units: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 20, 2021
Sold by
Almayo 126 Llc
Bought by
San Julian Properties Llc
Current Estimated Value
$3,236,929

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,275,000
Outstanding Balance
$2,079,084
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,233,723

Purchase Details

Closed on
Jan 30, 2019
Sold by
Saroopdas Mohan and Saroopdas Lourdes
Bought by
Almayo 126 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,601,600
Interest Rate
4.4%
Mortgage Type
Construction

Purchase Details

Closed on
Mar 28, 2015
Sold by
Saroopdas Lourdes and Saroopdas Mohan
Bought by
Saroopdas Lourdes and Saroopdas Mohan

Purchase Details

Closed on
Nov 30, 2005
Sold by
Mohan Saroopdas Lourdes and Mohan Sarropdas
Bought by
Saroopdas Mohan and Saroopdas Lourdes

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,000
Interest Rate
5.74%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Feb 24, 2004
Sold by
Saroopdas Mohan
Bought by
Saroopdas Mohan and Saroopdas Lourdes

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
7.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 13, 1999
Sold by
Galindo Arturo P and Galindo Evelyn L
Bought by
Saroopdas Mohan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,528
Interest Rate
6.92%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
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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
San Julian Properties Llc $3,526,000 Stewart Title Of Ca Inc
Almayo 126 Llc $852,000 Stewart Title
Saroopdas Lourdes -- None Available
Saroopdas Mohan -- Accommodation
Toleidas Sergio P -- Accommodation
Saroopdas Mohan -- First American Title Co Of L
Saroopdas Mohan $180,000 American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open San Julian Properties Llc $2,275,000
Previous Owner Almayo 126 Llc $1,601,600
Previous Owner Saroopdas Mohan $26,210
Previous Owner Saroopdas Lourdes $93,000
Previous Owner Saroopdas Mohan $480,000
Previous Owner Saroopdas Mohan $360,000
Previous Owner Saroopdas Mohan $30,328
Previous Owner Saroopdas Mohan $17,496
Previous Owner Saroopdas Mohan $24,000
Previous Owner Saroopdas Mohan $178,528
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/29/2024 02/29/24 Rented $4,500 0.0% --
02/26/2024 02/26/24 Under Contract -- -- --
02/16/2024 02/16/24 Price Changed $4,500 -2.2% $3 / Sq Ft
11/06/2023 11/06/23 Price Changed $4,600 -3.2% $3 / Sq Ft
09/28/2023 09/28/23 For Rent $4,750 0.0% --
09/28/2023 09/28/23 Off Market $4,750 -- --
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 $44,203 $3,741,819 $2,653,020 $1,088,799
2024 $44,203 $3,668,450 $2,601,000 $1,067,450
2023 $43,333 $3,596,520 $2,550,000 $1,046,520
2022 $41,293 $3,526,000 $2,500,000 $1,026,000
2021 $10,513 $878,043 $878,043 $0
2020 $10,809 $869,040 $612,000 $257,040
2019 $7,165 $252,949 $188,312 $64,637
2018 $3,232 $247,990 $184,620 $63,370
2016 $3,079 $238,361 $177,451 $60,910
2015 $3,036 $234,782 $174,786 $59,996
2014 $3,062 $230,184 $171,363 $58,821
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 23-266959

The MLS

APN: 5157-007-026