NOT LISTED FOR SALE

Estimated Value: $3,236,929

4 Beds
3.5 Baths
1,873 Sq Ft
$1,728/Sq Ft Est. Value

Last Sold March 20, 2019

Last sale price $852,000 $455 Per Sq Ft

Est. 280% increase in value since last sale

Current estimated payment $21,407/month

Highlights

  • New Construction
  • Modern Architecture
  • Laundry Room
  • City Lights View
  • Living Room
  • Tankless Water Heater

About This Home

As of August 2022

227 N. Park View is a brand new construction luxury fourplex located in the trendy Silver Lake/Echo Park adjacent area built in 2021 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 3.5 bath (1700 square feet) spacious unit and the only unit with a 2 car garage. 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 rooms 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: 07/14/2022

Last Renter's Agent

Morris Peykar

Trimax Realty, Inc. License #02090155

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $44,203

Year Built

  • Built in 2021 | New Construction

Lot Details

  • 7,441 Sq Ft Lot

Property Views

  • City Lights
  • Courtyard

Home Design

  • Modern Architecture
  • Split Level Home

Interior Spaces

  • 1,873 Sq Ft Home
  • Living Room
  • Laminate Flooring

Kitchen

  • Oven or Range
  • Microwave

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • Automatic Gate

Utilities

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

Community Details

  • Call for details about the types of pets allowed

Listing and Financial Details

  • Security Deposit $5,450
  • Tenant pays for electricity, gas, water, trash collection, cable TV
  • 12 Month Lease Term
  • Assessor Parcel Number 5157-007-026

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$44,203

Year Built

Built in 2021 | New Construction

Lot Details

0

Rental Info

  • Credit Report Paid By: Tenant
  • Credit Report Required: Yes
  • Security Deposit: 5450
  • Tenant Pays: Electricity, Gas, Water, Trash Collection, Cable TV

Listing Details

  • Property Type: Residential Lease
  • Style: Modern
  • Single Family Or Apt: Condo/Apt
  • Street Number Display: Yes
  • Advertising Remarks: 227 N. Park View is a brand new construction luxury fourplex located in the trendy Silver Lake/Echo Park adjacent area built in 2021 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 3.5 bath (1700 square feet) spacious unit and the only unit with a 2 car garage. 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 rooms 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.
  • Lease Terms: 1+Year
  • Living Area: 1873
  • Lot Acreage: 0.1708
  • Probate: No
  • Property Condition: New Construction
  • Year Built: 2021
  • Number Of Photos: 41
  • State Abbrv: CA
  • Special Features: NewHome
  • Property Sub Type: Townhouses
  • Stories: 0

Interior Features

  • Flooring: Laminate
  • Bedrooms: 4
  • Full Bathroom: 3
  • Half Bathroom: 1
  • 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: Dryer, Washer, Refrigerator, Microwave, Range/Oven
  • Price Per S Q F T: 2.91

Exterior Features

  • Pool: No
  • View: City, City Lights, Courtyard
  • View: Yes

Garage/Parking

  • Other Spaces: 2
  • Parking Garage: Uncovered
  • Total Parking: 2

Utilities

  • Water Heater: Gas, Tankless
  • Cooling: Air Conditioning, Central
  • Heating: Central
  • Security: Automatic Gate

Association/Amenities

  • Pet Rules: Call

Lot Info

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2021
Closed on
Sep 20, 2021
Sold by
Almayo 126 Llc
Bought by
San Julian Properties Llc
Seller's Agent
Fred Nabati
Trimax Realty, Inc.
Buyer's Agent
Farshad Tehrani
Imperial Real Estate
Sold Price
$5,200
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.
Estimated Appreciation
$3,231,729
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

Listed on
Nov 26, 2018
Closed on
Jan 30, 2019
Sold by
Saroopdas Mohan and Saroopdas Lourdes
Bought by
Almayo 126 Llc
Seller's Agent
Lindsey Iskierka
Real Brokerage Technologies
Buyer's Agent
Lindsey Iskierka
Real Brokerage Technologies
List Price
$918,000
Sold Price
$852,000
Premium/Discount to List
-$66,000
-7.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.64%
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
08/01/2022 08/01/22 Rented $5,450 0.0% --
07/14/2022 07/14/22 For Rent $5,450 +4.8% --
10/01/2021 10/01/21 Rented $5,200 0.0% --
10/01/2021 10/01/21 Under Contract -- -- --
10/01/2021 10/01/21 For Rent $5,200 0.0% --
03/20/2019 03/20/19 Sold $852,000 0.0% $447 / Sq Ft
03/12/2019 03/12/19 Off Market $852,000 -- --
03/11/2019 03/11/19 Price Changed $918,000 0.0% $482 / Sq Ft
03/11/2019 03/11/19 For Sale $918,000 +20.8% $482 / Sq Ft
12/05/2018 12/05/18 Pending -- -- --
11/26/2018 11/26/18 For Sale $760,000 -- $399 / 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 $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: 22-178989

The MLS

APN: 5157-007-026