NOT LISTED FOR SALE

2358 Scott Ave Los Angeles, CA 90026

Echo Park Neighborhood

Estimated Value: $1,173,000 - $1,576,225

4 Beds
2 Baths
1,544 Sq Ft
$841/Sq Ft Est. Value

Last Sold April 29, 2024

Last sale price $1,150,000 $745 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $8,224/month

22 Days on Market

Highlights

  • Wood Flooring
  • Spanish Architecture
  • Converted Garage
  • John Marshall Senior High Rated A
  • Bonus Room
  • Front Porch

About This Home

As of April 2024

Prime North of Sunset, Silver Lake area Duplex. Both units feature two bedrooms and one bath. Front unit features newly refinished hardwood floors, updated kitchen with tile floors and newer cabinets. Newer wall unit AC. Ring doorbell. Rear unit features newer laminate floors, updated kitchen with quartz countertops and stainless steel refrigerator and newer stove. Both units have newer wall heaters and updated tankless water heaters. Front house has new roof. Garage converted to storage room for front unit. Rear unit has a bonus studio space. Shared laundry area with washer and dryer. Both units have their own outdoor areas. Updated low maintenance landscaping. Gated, fenced and private. Close proximity to all that Silver Lake/Echo Park living has to offer. Great investment with lots of possibilities. Front unit will be delivered vacant.

Last Agent to Sell the Property

Joseph Devarenne

Sotheby's International Realty License #01369564 Listed on: 03/12/2024

Sotheby's International Realty

Last Buyer's Agent

Brock Harris

Keller Williams Realty Los Feliz License #01328996

Keller Williams Realty Los Feliz

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,795

Year Built

  • Built in 1922

Lot Details

  • 3,490 Sq Ft Lot
  • North Facing Home
  • Gated Home

Home Design

  • Spanish Architecture
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,544 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Bonus Room

Kitchen

  • Oven or Range
  • Microwave

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Studio bedroom
  • 2 Bathrooms

Laundry

  • Laundry Located Outside
  • Dryer
  • Washer

Parking

  • 1 Open Parking Space
  • 1 Parking Space
  • Converted Garage
  • On-Street Parking

Outdoor Features

  • Front Porch

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Mounted To A Wall or Window
  • Tankless Water Heater
  • Sewer in Street

Listing and Financial Details

  • Assessor Parcel Number 5424-022-002

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • Rent Control

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,795

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: Spanish
  • Levels: One
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Advertising Remarks: Prime North of Sunset, Silver Lake area Duplex. Both units feature two bedrooms and one bath. Front unit features newly refinished hardwood floors, updated kitchen with tile floors and newer cabinets. Newer wall unit AC. Ring doorbell. Rear unit features newer laminate floors, updated kitchen with quartz countertops and stainless steel refrigerator and newer stove. Both units have newer wall heaters and updated tankless water heaters. Front house has new roof. Garage converted to storage room for front unit. Rear unit has a bonus studio space. Shared laundry area with washer and dryer. Both units have their own outdoor areas. Updated low maintenance landscaping. Gated, fenced and private. Close proximity to all that Silver Lake/Echo Park living has to offer. Great investment with lots of possibilities. Front unit will be delivered vacant.
  • Living Area: 1544
  • Lot Acreage: 0.0801
  • Probate: No
  • Stories: 1
  • Year Built: 1922
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Hardwood, Laminate, Tile
  • Bedrooms: 4
  • Common Walls: Attached
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Outside
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Dryer, Washer, Refrigerator, Range/Oven, Microwave
  • Price Per S Q F T: 777.20

Exterior Features

  • Direction Faces: North
  • Other Structures: Other
  • Patio: Porch - Front
  • Roof: Composition, Shingle
  • View: No

Garage/Parking

  • Other Spaces: 1
  • Parking Garage: On street
  • Total Parking: 1

Utilities

  • Water Heater: Tankless
  • Cooling: Wall Unit(s)
  • Heating: Wall Gas
  • Security: Gated
  • Sewer: In Street
  • Water Heaters: Yes

Lot Info

  • Assessed Improvement Percent: 35.92
  • Assessed Improvement Value: 212470
  • Assessed Land Percent: 64.08
  • Assessed Land Value: 379002
  • Total Assessed Value: 591472
  • Assessor Parcel Number: 5424-022-002
  • Lot Size Area: 3490

Rental Info

  • Rent Control: Yes

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 17.50
  • Number Of Units: 2
  • Rent Control: 100
  • Total Annual Expense: 0
  • Type Of Units: Side by side
  • Vacancy Rate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 12, 2024
Closed on
Apr 22, 2024
Sold by
Ross Matthew
Bought by
Mcelveen Jason and Mcelveen Alysia
Seller's Agent
Joseph Devarenne
Sotheby's International Realty
Buyer's Agent
Brock Harris
Keller Williams Realty Los Feliz
List Price
$1,200,000
Sold Price
$1,150,000
Premium/Discount to List
-$50,000
-4.17%
Views
45
Current Estimated Value
$1,298,306

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$148,306
Avg. Annual Appreciation
0.98%
Original Mortgage
$920,000
Outstanding Balance
$907,616
Interest Rate
6.74%
Mortgage Type
New Conventional
Estimated Equity
$257,347

Purchase Details

Listed on
Jan 10, 2022
Closed on
Feb 4, 2022
Sold by
Carr Eric A
Bought by
Ross Matthew
Seller's Agent
Joseph Devarenne
Sotheby's International Realty
Buyer's Agent
Fred James
List Price
$1,089,000
Sold Price
$1,086,400
Premium/Discount to List
-$2,600
-0.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.61%
Original Mortgage
$990,000
Interest Rate
3.55%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 21, 2011
Sold by
Perer Andrew
Bought by
Carr Eric A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$501,944
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 18, 2004
Sold by
Perer Howard B
Bought by
Perer Andrew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$0
Interest Rate
5.75%
Mortgage Type
Unknown

Purchase Details

Closed on
May 7, 2004
Sold by
Perer Andrew
Bought by
Perer Andrew and Perer Howard B

Purchase Details

Closed on
Nov 26, 2002
Sold by
Lee Susan and Lee Kilja
Bought by
Perer Andrew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$336,000
Interest Rate
5.86%

Purchase Details

Closed on
Jun 20, 2001
Sold by
Lee Susan
Bought by
Lee Susan and Lee Kilja

Purchase Details

Closed on
Mar 5, 2001
Sold by
Reclusado Romulus Lucius
Bought by
Lee Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$211,500
Interest Rate
6.97%

Purchase Details

Closed on
Feb 1, 2000
Sold by
Salazar Fernando and Salazar Helen
Bought by
Reclusado Romulus Lucius

Purchase Details

Closed on
Mar 27, 1998
Sold by
Bajarias Douglas R P and Bajarias P Arsenia
Bought by
Salazar Fernando A and Salazar Helen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,994
Interest Rate
7%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Mcelveen Jason $1,150,000 Equity Title Company
Ross Matthew $1,086,500 Equity Title
Carr Eric A $515,000 Lawyers Title Company
Perer Andrew -- Southland Title Corporation
Perer Andrew -- --
Perer Andrew $420,000 American Title Co
Lee Susan -- Benefit Land Title Company
Lee Susan $235,000 Benefit Land Title Company
Reclusado Romulus Lucius -- --
Salazar Fernando A $128,000 American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcelveen Jason $920,000
Previous Owner Ross Matthew $990,000
Previous Owner Carr Eric A $422,712
Previous Owner Carr Eric A $480,500
Previous Owner Carr Eric A $501,944
Previous Owner Perer Andrew $0
Previous Owner Perer Andrew $159,000
Previous Owner Perer Andrew $336,000
Previous Owner Lee Susan $300,000
Previous Owner Lee Susan $211,500
Previous Owner Salazar Fernando R $15,000
Previous Owner Salazar Fernando A $126,994
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2024 04/29/24 Sold $1,150,000 -4.2% $745 / Sq Ft
04/03/2024 04/03/24 Pending -- -- --
03/12/2024 03/12/24 For Sale $1,200,000 +10.5% $777 / Sq Ft
02/14/2022 02/14/22 Sold $1,086,400 -0.2% $704 / Sq Ft
01/18/2022 01/18/22 Pending -- -- --
01/10/2022 01/10/22 For Sale $1,089,000 -- $705 / 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 $13,795 $1,173,000 $877,200 $295,800
2024 $13,795 $1,130,290 $832,320 $297,970
2023 $13,526 $1,108,128 $816,000 $292,128
2022 $7,334 $609,550 $390,586 $218,964
2021 $7,241 $597,599 $382,928 $214,671
2020 $7,313 $591,472 $379,002 $212,470
2019 $7,024 $579,875 $371,571 $208,304
2018 $6,960 $568,506 $364,286 $204,220
2016 $6,647 $546,433 $350,142 $196,291
2015 $6,550 $538,226 $344,883 $193,343
2014 $6,579 $527,684 $338,128 $189,556
Source: Public Records

Agents Affiliated with this Home

  • Joseph Devarenne

    Seller's Agent in 2024

    Joseph Devarenne

    Sotheby's International Realty

    (323) 665-1700

    2 in this area

    28 Total Sales

    Joseph Devarenne
    Section Image
  • Brock Harris

    Buyer's Agent in 2024

    Brock Harris

    Keller Williams Realty Los Feliz

    (213) 842-7625

    11 in this area

    201 Total Sales

    Brock Harris
    Section Image
  • Lori Harris

    Buyer Co-Listing Agent in 2024

    Lori Harris

    Keller Williams Realty Los Feliz

    (818) 515-1118

    10 in this area

    185 Total Sales

    Lori Harris
    Section Image

  • F

    Buyer's Agent in 2022

    Fred James

See All Agents

Map

Source: The MLS

MLS Number: 24-367639

The MLS

APN: 5424-022-002

California Los Angeles County Los Angeles 90026 Echo Park

2358 Scott Ave, Los Angeles, CA

This home is located at 2358 Scott Ave, Los Angeles, CA 90026 since 12 March 2024 and is currently estimated at $1,298,306, approximately $840 per square foot. This property was built in 1922. 2358 Scott Ave is a home located in Los Angeles County with nearby schools including Mayberry Street Elementary, Thomas Starr King Middle School Film and Media Magnet, and John Marshall Senior High.

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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.
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