NOT LISTED FOR SALE

Estimated Value: $1,525,000 - $2,042,159

3 Beds
3 Baths
2,120 Sq Ft
$809/Sq Ft Est. Value

Last Sold August 25, 2023

Last sale price $1,760,000 $830 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $10,807/month

9 Days on Market

Highlights

  • City Lights View
  • Walk-In Closet
  • Living Room
  • John Marshall Senior High Rated A
  • Bathtub with Shower
  • Laundry Room

About This Home

As of August 2023

Welcome to 2346 Echo Park Ave, a charming and spacious two unit property delivered vacant and located in the vibrant Echo Park neighborhood of Los Angeles. Situated on a large lot, this unique property offers two separate standalone homes, providing an excellent opportunity for both homeownership and investment potential. The front unit of this property boasts a delightful 2-bedroom, 2-bathroom layout, ensuring modern comfort and style. As you approach the home, you'll be greeted by a classic white picket fence that adds a touch of charm and curb appeal. Inside, you'll find beautiful hardwood floors that create a warm and inviting atmosphere throughout the living spaces. This unit offers a well-designed floor plan that maximizes space and functionality. The kitchen features modern appliances and ample storage, making it a joy for any aspiring chef. The bedrooms are bright and comfortable, providing a peaceful retreat at the end of the day. Additionally, the front unit includes a back patio area with lemon tree, perfect for enjoying the California sunshine, and a convenient one-car garage. Location is key, and this property is ideally situated near the vibrant shops and restaurants that line Sunset Boulevard. Enjoy easy access to an array of amenities, entertainment options, and dining experiences, making it a haven for those seeking the perfect balance between urban living and neighborhood charm. The rear house offers a cozy 1-bedroom, 1-bathroom layout with an office space, catering to those in need of a private workspace or additional room for hobbies. The large patio and rear yard create an oasis of tranquility, providing ample space for outdoor activities, relaxation, and entertaining guests.Notably, the property features a newer HVAC system, ensuring efficient climate control and comfort year-round. Whether you're looking for a delightful home with an additional rental unit or seeking an investment opportunity in a highly desirable location, 2346 Echo Park Ave offers endless possibilities. Don't miss the chance to own this versatile property in one of Los Angeles' most sought-after neighborhoods.

Last Agent to Sell the Property

Douglas Stockley

eXp Realty of California Inc License #01755158 Listed on: 07/18/2023

eXp Realty of California Inc

Last Buyer's Agent

Lacy Register

Compass License #01980850

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1921

Lot Details

  • 7,970

Parking

  • 1 Open Parking Space
  • 1 Car Garage
  • Driveway
  • Assigned Parking

Property Views

  • City Lights
  • Hills

Interior Spaces

  • 2,120 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Dining Room

Kitchen

  • Oven or Range
  • Gas Cooktop
  • Range Hood
  • Water Line To Refrigerator
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 3 Bathrooms
  • Bathtub with Shower
  • Shower Only

Laundry

  • Laundry Room
  • Dryer
  • Washer

Additional Features

  • 7,970 Sq Ft Lot
  • Forced Air Heating and Cooling System

Community Details

  • 2 Buildings
  • 2 Units

Listing and Financial Details

  • The owner pays for gardener, water
  • Assessor Parcel Number 5443-016-017

Property Details

Home Type

Multi-Family

Year Built

Built in 1921

Lot Details

7,970 Sq Ft Lot

Parking

1

Listing Details

  • Property Type: Residential Income
  • Levels: Two
  • Street Number Display: Yes
  • Living Area: 2120
  • Lot Acreage: 0.1830
  • Stories: 2
  • Year Built: 1921
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Number Dishwasher: 2
  • Number Disposal: 2
  • Appliances: Built-In Gas, Cooktop - Gas, Range Hood
  • Bedrooms: 3
  • Bathroom Features: Shower and Tub, Shower Over Tub, Shower Stall
  • Laundry: In Unit, Room
  • Total Bathrooms: 3.00
  • Equipment: Dishwasher, Dryer, Garbage Disposal, Washer, Refrigerator, Range/Oven, Water Line to Refrigerator
  • Price Per S Q F T: 806.60

Exterior Features

  • Other Structures: None
  • Number Patio: 2
  • View: City Lights, Hills
  • View: Yes

Garage/Parking

  • Garage Spaces: 1
  • Other Spaces: 1
  • Parking Garage: Assigned, Garage - 1 Car, Driveway

Utilities

  • Cooling: Air Conditioning, Central
  • Heating: Central, Forced Air
  • Number Electric Meters: 2
  • Number Gas Meters: 2

Lot Info

  • Assessed Improvement Percent: 30.00
  • Assessed Improvement Value: 309821
  • Assessed Land Percent: 70
  • Assessed Land Value: 722927
  • Total Assessed Value: 1032748
  • Assessor Parcel Number: 5443-016-017
  • Lot Size Area: 7970

Rental Info

  • Number Leased: 1
  • Owner Pays: Gardener, Water

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 20.80
  • Number Of Units: 2
  • Type Of Units: Detached

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2023
Closed on
Aug 9, 2023
Sold by
George Pennie
Bought by
Pigeon/Ogilvie Trust and Pigeon
Seller's Agent
Douglas Stockley
eXp Realty of California Inc
Buyer's Agent
Lacy Register
Compass
List Price
$1,710,000
Sold Price
$1,760,000
Premium/Discount to List
$50,000
2.92%
Views
1269
Current Estimated Value
$1,715,040

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$44,960
Avg. Annual Appreciation
-1.01%
Original Mortgage
$550,000
Outstanding Balance
$537,813
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$1,177,227

Purchase Details

Listed on
Apr 16, 2013
Closed on
Apr 9, 2013
Sold by
George David Ells
Bought by
George Pennie
Seller's Agent
Douglas Stockley
eXp Realty of California Inc
Buyer's Agent
Douglas Stockley
eXp Realty of California Inc
Sold Price
$3,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.80%

Purchase Details

Listed on
Apr 16, 2013
Closed on
Mar 29, 2013
Sold by
Colden Curtis S and Gunn Nancy R
Bought by
George Pennie
Seller's Agent
Douglas Stockley
eXp Realty of California Inc
Buyer's Agent
Douglas Stockley
eXp Realty of California Inc
Sold Price
$3,500

Purchase Details

Closed on
Mar 21, 2006
Sold by
Colden Curtis S and Gunn Nancy R
Bought by
Colden Curtis S and Gunn Nancy R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.25%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 12, 2005
Sold by
Colden Curtis S and Gunn Nancy R
Bought by
Colden Curtis S and Gunn Nancy R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.36%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 12, 2003
Sold by
Colden Curtis S and Gunn Nancy R
Bought by
Colden Curtis S and Gunn Nancy R

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
5.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 6, 2002
Sold by
Colden Curtis S and Gunn Nancy R
Bought by
Colden Curtis S and Gunn Nancy R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,500
Interest Rate
6.12%

Purchase Details

Closed on
May 22, 2002
Sold by
Colden Curtis and Gunn Nancy
Bought by
Colden Curtis S and Gunn Nancy R

Purchase Details

Closed on
Sep 7, 1999
Sold by
Estrada Betty
Bought by
Colden Curtis and Gunn Nancy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$251,150
Interest Rate
7.12%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Pigeon/Ogilvie Trust -- Lawyers Title
George Pennie -- Pacific Coast Title Company
George Pennie $890,000 Pacific Coast Title Company
Colden Curtis S -- Accommodation
Colden Curtis S -- Equity Title Company
Colden Curtis S -- --
Colden Curtis S -- Equity Title Company
Colden Curtis S -- Equity Title Company
Colden Curtis S -- Equity Title Company
Colden Curtis S -- Equity Title Company
Colden Curtis S -- --
Colden Curtis $295,500 Southland Title Corporation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pigeon/Ogilvie Trust $550,000
Previous Owner Colden Curtis S $100,000
Previous Owner Colden Curtis S $417,000
Previous Owner Colden Curtis S $264,000
Previous Owner Colden Curtis S $264,500
Previous Owner Colden Curtis $251,150
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/25/2023 08/25/23 Sold $1,760,000 +2.9% $830 / Sq Ft
07/27/2023 07/27/23 Pending -- -- --
07/18/2023 07/18/23 For Sale $1,710,000 0.0% $807 / Sq Ft
09/21/2020 09/21/20 Rented $4,600 0.0% --
09/16/2020 09/16/20 Under Contract -- -- --
09/05/2020 09/05/20 For Rent $4,600 0.0% --
11/08/2019 11/08/19 Rented $4,600 0.0% --
10/25/2019 10/25/19 Under Contract -- -- --
10/18/2019 10/18/19 For Rent $4,600 0.0% --
10/12/2019 10/12/19 Under Contract -- -- --
09/15/2019 09/15/19 Price Changed $4,600 -4.2% $4 / Sq Ft
08/12/2019 08/12/19 For Rent $4,800 +20.0% --
07/11/2017 07/11/17 Rented $4,000 0.0% --
07/03/2017 07/03/17 For Rent $4,000 0.0% --
05/24/2017 05/24/17 Rented $4,000 0.0% --
05/08/2017 05/08/17 Under Contract -- -- --
04/10/2017 04/10/17 Price Changed $4,000 -4.8% $3 / Sq Ft
03/27/2017 03/27/17 For Rent $4,200 0.0% --
03/27/2017 03/27/17 Under Contract -- -- --
02/18/2017 02/18/17 For Rent $4,200 +20.0% --
05/05/2013 05/05/13 Rented $3,500 -99.6% --
04/29/2013 04/29/13 Under Contract -- -- --
04/18/2013 04/18/13 Sold $890,000 0.0% $420 / Sq Ft View Prior Sale
04/16/2013 04/16/13 For Rent $3,400 0.0% --
03/17/2013 03/17/13 Pending -- -- --
03/04/2013 03/04/13 For Sale $775,000 -- $366 / Sq Ft
Source: The MLS

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 $21,434 $1,795,200 $1,213,800 $581,400
2024 $21,434 $1,760,000 $1,190,000 $570,000
2023 $12,954 $1,053,402 $737,385 $316,017
2022 $12,350 $1,032,748 $722,927 $309,821
2021 $12,196 $1,012,499 $708,752 $303,747
2020 $12,320 $1,002,118 $701,485 $300,633
2019 $11,830 $982,470 $687,731 $294,739
2018 $11,752 $963,207 $674,247 $288,960
2016 $11,231 $925,807 $648,066 $277,741
2015 $11,066 $911,902 $638,332 $273,570
2014 $11,109 $894,040 $625,828 $268,212
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 23-287745

The MLS

APN: 5443-016-017

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