NOT LISTED FOR SALE

2316 Elmgrove St Los Angeles, CA 90031

Elysian Valley Neighborhood

Estimated Value: $1,031,000 - $1,077,000

4 Beds
2 Baths
1,659 Sq Ft
$634/Sq Ft Est. Value

Last Sold June 07, 2024

Last sale price $1,025,000 $618 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $6,315/month

47 Days on Market

Highlights

  • River View
  • No HOA
  • Eat-In Kitchen
  • John Marshall Senior High Rated A
  • 1 Car Direct Access Garage
  • Bathtub

About This Home

As of June 2024

Two vacant detached homes on one lot + a detached garage available in beautiful Frogtown, Elysian Valley, one of Los Angeles' hottest emerging neighborhoods. Potential to add a third/fourth unit making this an incredible income generating property nestled next to the scenic LA River bike path with the LA River revitalization underway. The front unit consists of 2 bedrooms and 1 bathroom while the back unit has 2 bedrooms and 2 bathrooms. The back unit has approved plans to be built into a 1,200 sqft 3 bedroom + 2 bathroom home. RTI plans available upon request. Elysian Valley's vibrancy, its proximity to Downtown LA, Atwater Village, Silver Lake, Echo Park, Glendale and the tranquility of the LA River will make you feel right at home. You are just a leisurely ride away from trendy establishments such as La Colombe Frogtown Cafe, Salazar, Frogtown Brewery, and many more. The bike path also connects you to Griffith Park and extends all the way to Long Beach, offering endless outdoor adventures. This property is perfect for investors, contractors, builders, or owner-users looking to capitalize on this dynamic location.

Last Agent to Sell the Property

Anna Knauf

Coldwell Banker Hallmark Realty Brokerage Email: annaknaufre@gmail.com License #02095484 Listed on: 04/08/2024

Coldwell Banker Hallmark Realty

Last Buyer's Agent

Anna Knauf

Coldwell Banker Hallmark Realty Brokerage Email: annaknaufre@gmail.com License #02095484 Listed on: 04/08/2024

Coldwell Banker Hallmark Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,631

Year Built

  • Built in 1961

Lot Details

  • 5,100 Sq Ft Lot
  • No Common Walls
  • Fenced
  • Sprinkler System

Parking

  • 1 Car Direct Access Garage
  • Parking Available
  • Assigned Parking

Property Views

  • River
  • Mountain

Home Design

  • Duplex

Interior Spaces

  • 1,659 Sq Ft Home
  • 1-Story Property
  • Entryway
  • Eat-In Kitchen

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms
  • Bathtub

Outdoor Features

  • Exterior Lighting

Location

  • Urban Location
  • Suburban Location

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • 220 Volts
  • Natural Gas Connected

Listing and Financial Details

  • Tax Lot 4
  • Assessor Parcel Number 5445011004

Community Details

Overview

  • No Home Owners Association

Recreation

  • Park
  • Dog Park
  • Water Sports
  • Bike Trail

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,631

Year Built

Built in 1961

Lot Details

0

Parking

1

Listing Details

  • Structure Type: Duplex
  • Assessments: No
  • Property Attached: No
  • View: Yes
  • Property Sub Type: Duplex
  • Property Type: Residential
  • Parcel Number: 5445011004
  • Year Built: 1961
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1659.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile
  • Appliances: No
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 4
  • Eating Area: Area
  • Levels: One
  • Price Per Square Foot: 632.91
  • Room Type: Entry, All Bedrooms Down
  • Bathroom Features: Bathtub

Exterior Features

  • Patio: No
  • View: Mountain(s), River
  • Fence: Yes
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Assigned, Direct Garage Access, Garage
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Electricity Connected, Water Connected, Sewer Connected, Natural Gas Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: No
  • Electric: 220 Volts
  • Heating Type: Wall Furnace
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Watersports, Urban, Suburban, Street Lights, Sidewalks, Park, Dog Park

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 5100.00
  • Lot Size Acres: 0.1171

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5100.0000 Square Feet

Tax Info

  • Tax Lot: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2024
Closed on
May 31, 2024
Sold by
Ghazarian Erineh and Ponce Michael Patrick
Bought by
Kwan King Keung and Cheng Carol Kwan
Seller's Agent
Anna Knauf
Coldwell Banker Hallmark Realty
Buyer's Agent
Anna Knauf
Coldwell Banker Hallmark Realty
List Price
$1,075,000
Sold Price
$1,025,000
Premium/Discount to List
-$50,000
-4.65%
Views
44
Current Estimated Value
$991,515

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$33,485
Avg. Annual Appreciation
-4.18%

Purchase Details

Listed on
Aug 28, 2021
Closed on
Dec 23, 2021
Sold by
Erineh Ghazarian
Bought by
Ghazarian Erineh and Ponce Micheal Patrick
Seller's Agent
Kenny Ng
CALIFORNIA DREAM REALTY
Buyer's Agent
Anna Knauf
Dilbeck Real Estate
List Price
$828,000
Sold Price
$828,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.49%

Purchase Details

Listed on
Aug 28, 2021
Closed on
Oct 19, 2021
Sold by
Lee Kwan Man and Wang Hang Kwan
Bought by
Ghazarian Erineh
Seller's Agent
Kenny Ng
CALIFORNIA DREAM REALTY
Buyer's Agent
Anna Knauf
Dilbeck Real Estate
List Price
$828,000
Sold Price
$828,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$703,800
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 21, 2018
Sold by
Lee Kwan Man and Wang Hang Kwan
Bought by
Lee Kwan Man and Wang Hang Kwan Lee

Purchase Details

Closed on
Dec 27, 2012
Sold by
Wong Lee Yuet Sum and Wong Lee Yuet Sum
Bought by
Lee Yuet Sum and Yuet Sum Lee Family Trust

Purchase Details

Closed on
Aug 29, 2005
Sold by
Lee Tung
Bought by
Lee Tung and Lee Lin Choi Hui
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
Kwan King Keung $1,025,000 Orange Coast Title Company
Ghazarian Erineh -- None Listed On Document
Ghazarian Erineh $828,000 Provident Title Company
Lee Kwan Man -- None Available
Lee Kwan Man -- None Available
Lee Yuet Sum -- None Available
Lee Kwan Man -- None Available
Lee Tung -- None Available
Lee Tung -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ghazarian Erineh $703,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/07/2024 06/07/24 Sold $1,025,000 -2.4% $618 / Sq Ft
05/06/2024 05/06/24 Price Changed $1,050,000 -2.3% $633 / Sq Ft
04/07/2024 04/07/24 For Sale $1,075,000 +29.8% $648 / Sq Ft
10/26/2021 10/26/21 Sold $828,000 0.0% $499 / Sq Ft
10/22/2021 10/22/21 Pending -- -- --
08/28/2021 08/28/21 For Sale $828,000 -- $499 / Sq Ft
Source: Pasadena-Foothills Association of REALTORS®

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 $10,631 $1,045,500 $731,850 $313,650
2024 $10,631 $861,451 $520,200 $341,251
2023 $10,426 $844,560 $510,000 $334,560
2022 $9,941 $828,000 $500,000 $328,000
2021 $6,469 $526,806 $253,675 $273,131
2020 $6,532 $521,405 $251,074 $270,331
2019 $1,630 $122,413 $67,322 $55,091
2018 $1,533 $120,013 $66,002 $54,011
2016 $1,444 $115,354 $63,440 $51,914
2015 $1,423 $113,623 $62,488 $51,135
2014 $1,440 $111,398 $61,264 $50,134
Source: Public Records

Agents Affiliated with this Home

  • Anna Knauf

    Seller's Agent in 2024

    Anna Knauf

    Coldwell Banker Hallmark Realty

    (310) 597-9104

    2 in this area

    28 Total Sales

    Section Image

  • K

    Seller's Agent in 2021

    Kenny Ng

    CALIFORNIA DREAM REALTY

    (626) 288-9168

    1 in this area

    14 Total Sales

    Section Image
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Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P1-17136

Pasadena-Foothills Association of REALTORS®

APN: 5445-011-004

California Los Angeles County Los Angeles 90031 Elysian Valley

2316 Elmgrove St, Los Angeles, CA

This home is located at 2316 Elmgrove St, Los Angeles, CA 90031 since 08 April 2024 and is currently estimated at $1,050,986, approximately $633 per square foot. This property was built in 1961. 2316 Elmgrove St is a home located in Los Angeles County with nearby schools including Dorris Place Elementary School, Irving STEAM Magnet School, and John Marshall Senior High.

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.

Pasadena-Foothills Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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