NOT LISTED FOR SALE

2311 Reservoir St Los Angeles, CA 90026

Echo Park Neighborhood

Estimated Value: $1,053,558 - $1,447,000

1 Bed
2 Baths
774 Sq Ft
$1,522/Sq Ft Est. Value

Last Sold April 08, 2019

Last sale price $849,500 $1,098 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $7,108/month

11 Days on Market

Highlights

  • Detached Guest House
  • Heated Spa
  • City Lights View
  • John Marshall Senior High Rated A
  • Garage Apartment
  • Deck

About This Home

As of April 2019

1924 California Bungalow mindfully restored respectful of the period. The home is situated in the quiet hills of Silver Lake yet only 2 blocks N. of Sunset. Don't let the modest size fool you, it's laid out very well w/large rooms & great flow. Light & bright w/windows everywhere allowing you to capture a beautiful sunset or a glimpse of the Hollywood sign. Large LR w/built-in bookshelf, views to the garden & hills w/French doors leading to a private terrace & rear patio. DR w/built-in hutch. Hardwood floors throughout w/exception of the vintage tiled BA. The kitchen features stainless appliances, wine refrig, soapstone counters, Shaw's Original farm sink & recessed lighting. The garage is converted to a guest suite/office open beam ceiling, concrete floors, 3/4BA & 5ft barndoor to wrap around patio w/hot-tub. Landscaped w/bocce court. Central Heat&AC, EQ Retrofitted, new roof(s), copper plumbing, pvc drain lines, 200-amp elect, Nest thermo, tankless H2O heater. & remote/gated drive.

Last Agent to Sell the Property

Barry Gray

Compass License #01358622 Listed on: 02/25/2019

Compass

Last Buyer's Agent

Geoffrey Martin

Compass License #01313514

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,305

Year Built

  • Built in 1924 | Remodeled

Lot Details

  • 3,126 Sq Ft Lot
  • South Facing Home
  • Sprinklers on Timer
  • Property is zoned LARD2

Property Views

  • City Lights
  • Mountain
  • Park or Greenbelt

Home Design

  • Bungalow
  • Pillar, Post or Pier Foundation
  • Asphalt Roof
  • Wood Siding
  • Quake Bracing

Interior Spaces

  • 774 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Ceiling Fan
  • Living Room
  • Formal Dining Room

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal
  • Instant Hot Water

Flooring

  • Wood
  • Concrete
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • Studio bedroom

Laundry

  • Laundry Located Outside
  • Gas Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 2 Car Attached Garage
  • 2 Open Parking Spaces
  • Garage Apartment
  • Converted Garage
  • Auto Driveway Gate
  • Driveway

Pool

  • Heated Spa
  • Above Ground Spa

Outdoor Features

  • Balcony
  • Deck
  • Wood Patio
  • Front Porch

Additional Homes

  • Detached Guest House

Utilities

  • Forced Air Heating and Cooling System
  • Tankless Water Heater
  • Sewer in Street
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 5424-023-013

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,305

Year Built

Built in 1924 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: California Bungalow
  • Street Number Display: Yes
  • Advertising Remarks: 1924 California Bungalow mindfully restored respectful of the period. The home is situated in the quiet hills of Silver Lake yet only 2 blocks N. of Sunset. Don't let the modest size fool you, it's laid out very well w/large rooms & great flow. Light & bright w/windows everywhere allowing you to capture a beautiful sunset or a glimpse of the Hollywood sign. Large LR w/built-in bookshelf, views to the garden & hills w/French doors leading to a private terrace & rear patio. DR w/built-in hutch. Hardwood floors throughout w/exception of the vintage tiled BA. The kitchen features stainless appliances, wine refrig, soapstone counters, Shaw's Original farm sink & recessed lighting. The garage is converted to a guest suite/office open beam ceiling, concrete floors, 3/4BA & 5ft barndoor to wrap around patio w/hot-tub. Landscaped w/bocce court. Central Heat&AC, EQ Retrofitted, new roof(s), copper plumbing, pvc drain lines, 200-amp elect, Nest thermo, tankless H2O heater. & remote/gated drive.
  • Living Area: 774
  • Property Condition: Updated/Remodeled
  • Stories: 1
  • Year Built: 1924
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: Built-Ins, Detached/No Common Walls
  • Flooring: Cement, Hardwood, Tile
  • Appliances: Free Standing Gas
  • Bedrooms: 1
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 1
  • Eating Areas: Formal Dining Rm
  • Laundry: In Closet, Outside
  • Total Bathrooms: 2.00
  • Equipment: Built-Ins, Cable, Ceiling Fan, Dishwasher, Garbage Disposal, Gas Dryer Hookup, Hood Fan, Range/Oven
  • Price Per S Q F T: 1014.21

Exterior Features

  • Direction Faces: South
  • Construction: Wood Siding
  • Other Features: Balcony
  • Tennis Court Y/N: No
  • Foundation Details: Pillar/Post/Pier, Quake Bracing
  • Guest House: Detached
  • Patio: Deck(s), Porch, Porch - Front, Wood
  • Pool: No
  • Roof: Asphalt
  • Spa: Above Ground, Heated with Electricity, Hot Tub
  • Spa Yn: Yes
  • View: City Lights, Green Belt, Mountains
  • View: Yes

Garage/Parking

  • Other Spaces: 2
  • Parking Garage: Auto Driveway Gate, Driveway, Driveway - Concrete, Driveway Gate, Garage Is Detached
  • Total Parking: 2

Utilities

  • TV Svcs: Cable TV
  • Volt 220: Spa
  • Water Heater: Instant Hot Water, Tankless
  • Cooling: Air Conditioning, Central
  • Heating: Central, Forced Air
  • Security: Carbon Monoxide Detector(s), Smoke Detector
  • Sewer: In Street
  • Water: In Street

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Special Zoning: Property Report
  • Sprinklers: Sprinkler Timer
  • Assessor Parcel Number: 5424-023-013
  • Geocode Override: No
  • Lot Size Area: 3126

Multi Family

  • Number Of Units: 0

Tax Info

  • Mello Roos: Unknown

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 25, 2019
Closed on
Mar 21, 2019
Sold by
Seffker John
Bought by
Mcquillen Colleen K and Conway Sean P
Seller's Agent
Barry Gray
Compass
Buyer's Agent
Geoffrey Martin
Compass
List Price
$785,000
Sold Price
$849,500
Premium/Discount to List
$64,500
8.22%
Current Estimated Value
$1,178,140

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$328,640
Avg. Annual Appreciation
5.11%
Original Mortgage
$150,000
Outstanding Balance
$131,607
Interest Rate
4.3%
Mortgage Type
Stand Alone First
Estimated Equity
$1,046,533

Purchase Details

Closed on
Jun 14, 2006
Sold by
Oster Sharon
Bought by
Seffker John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$488,000
Interest Rate
7%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Nov 22, 2004
Sold by
Oster Sharon
Bought by
Oster Sharon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 4, 2004
Sold by
Gutierrez Jaime M and Gutierrez Noemi A
Bought by
Gutierrez Jaime M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage
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
Mcquillen Colleen K $849,500 Equity Title Company
Seffker John -- California Title Company
Oster Sharon -- California Title Company
Oster Sharon $330,000 Fidelity National Title Comp
Gutierrez Bernardo M -- Fidelity National Title Comp
Harris Angelica M -- Fidelity National Title Comp
Gutierrez Jaime M -- Fidelity National Title Comp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcquillen Colleen K $150,000
Previous Owner Seffker John $488,000
Previous Owner Oster Sharon $264,000
Closed Oster Sharon $66,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/08/2019 04/08/19 Sold $849,500 +8.2% $1,098 / Sq Ft
02/25/2019 02/25/19 For Sale $785,000 -- $1,014 / 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 $11,305 $947,628 $758,104 $189,524
2024 $11,305 $929,048 $743,240 $185,808
2023 $11,083 $910,832 $728,667 $182,165
2022 $10,562 $892,974 $714,380 $178,594
2021 $10,437 $875,466 $700,373 $175,093
2019 $424 $814,046 $551,276 $262,770
2018 $9,565 $798,085 $540,467 $257,618
2016 $8,514 $714,000 $486,000 $228,000
2015 $8,515 $714,000 $486,000 $228,000
2014 $8,384 $687,000 $467,700 $219,300
Source: Public Records

Agents Affiliated with this Home

  • Barry Gray

    Seller's Agent in 2019

    Barry Gray

    Compass

    (323) 822-3200

    32 Total Sales

    Barry Gray
    Section Image
  • Geoffrey Martin

    Buyer's Agent in 2019

    Geoffrey Martin

    Compass

    (323) 828-6160

    5 in this area

    56 Total Sales

    Geoffrey Martin
    Section Image
See All Agents

Map

Source: The MLS

MLS Number: 19-437942

The MLS

APN: 5424-023-013

California Los Angeles County Los Angeles 90026 Echo Park

2311 Reservoir St, Los Angeles, CA

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