2414 N Alvarado St Los Angeles, CA 90039
Echo Park NeighborhoodEstimated payment $7,211/month
Highlights
- City Lights View
- Up Slope from Street
- Laundry Room
- John Marshall Senior High Rated A
- Cooling System Mounted To A Wall/Window
- 1-Story Property
About This Home
FANTASTIC TRIPLEX ( ECHO PARK / SILVER LAKE ) ON THE HILLS WITH BREATHTAKINGVIEWS. Upscale trendy modern living neighborhood in the heart of Echo Park / Silver Lake.Location with a high rental demand. Close proximity within walking distance or really short drive toSilver Lake, Elysian Park, Dodger Stadium trendy restaurants, shops, Griffith Park, Los AngelesZoo, Museums, nature trails, 20 miles from beach, Freeways nearby and so much more. Fullyupgraded with laminate flooring, LED energy efficient lighting, dual paned windows, stainless steelcable handrails, wonderful deck with views, private parking, remodeled kitchens and bathroomswhich include all appliances, fresh interior and exterior paint with other additional upgrades. Thisproperty consists of (Unit 1 bedroom / 1 bathroom) , (Unit 2 bedroom / 1 bathroom) and (UnitStudio/1 bathroom). This property sits on 2 parcels, and the seller states square footage is 1,655.
Listing Agent
CAPITAL GROUP REAL ESTATE INC Brokerage Phone: 626-541-4350 License #02161922 Listed on: 10/28/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,054
Year Built
- Built in 1908
Lot Details
- 7,193 Sq Ft Lot
- Two or More Common Walls
- Density is 2-5 Units/Acre
- 5443029017
Property Views
- City Lights
- Hills
- Neighborhood
Home Design
- Triplex
- Entry on the 1st floor
Interior Spaces
- 1,655 Sq Ft Home
- 1-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Bathrooms
Parking
- 4 Open Parking Spaces
- 4 Parking Spaces
- Up Slope from Street
Outdoor Features
- Exterior Lighting
Utilities
- Cooling System Mounted To A Wall/Window
- Private Water Source
Listing and Financial Details
- Legal Lot and Block 4 / 2
- Assessor Parcel Number 5443029016
- $216 per year additional tax assessments
Community Details
Building Details
- 3 Leased Units
- Rent Control
- 2 Separate Electric Meters
- 1 Separate Gas Meter
- 1 Separate Water Meter
- Electric Expense $2,400
- Fuel Expense $500
- Insurance Expense $2,200
- Trash Expense $450
- Water Sewer Expense $990
- Operating Expense $6,540
- Gross Income $73,260
- Net Operating Income $73,260
Additional Features
- 3 Units
- Laundry Facilities
Map
Home Values in the Area
Average Home Value in this Area
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 | $7,054 | $581,424 | $482,437 | $98,987 |
| 2024 | $7,054 | $570,025 | $472,978 | $97,047 |
| 2023 | $6,919 | $558,849 | $463,704 | $95,145 |
| 2022 | $6,596 | $547,892 | $454,612 | $93,280 |
| 2021 | $6,513 | $537,150 | $445,699 | $91,451 |
| 2019 | $6,318 | $521,220 | $432,480 | $88,740 |
| 2018 | $8,322 | $680,421 | $441,129 | $239,292 |
| 2016 | $4,809 | $390,000 | $290,000 | $100,000 |
| 2015 | $6,845 | $567,716 | $402,693 | $165,023 |
| 2014 | -- | $556,596 | $394,805 | $161,791 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/28/2024 10/28/24 | For Sale | $1,225,000 | +49.9% | $740 / Sq Ft |
| 02/02/2018 02/02/18 | Sold | $817,000 | +2.3% | $498 / Sq Ft |
| 01/09/2018 01/09/18 | Pending | -- | -- | -- |
| 12/21/2017 12/21/17 | For Sale | $799,000 | -- | $487 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $817,000 | Nextitle | |
| Grant Deed | -- | Accommodation | |
| Quit Claim Deed | -- | Accommodation | |
| Grant Deed | $390,000 | Nextitle | |
| Grant Deed | $480,000 | United Title Company-La | |
| Interfamily Deed Transfer | -- | Fidelity National Title | |
| Grant Deed | $250,000 | Ticor Title | |
| Grant Deed | -- | Landsafe Title | |
| Trustee Deed | $230,024 | Landsafe Title | |
| Grant Deed | $214,000 | Benefit Land Title Company | |
| Gift Deed | -- | -- | |
| Partnership Grant Deed | $119,000 | South Coast Title | |
| Trustee Deed | $75,100 | -- | |
| Interfamily Deed Transfer | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $828,750 | Adjustable Rate Mortgage/ARM | |
| Closed | $485,000 | New Conventional | |
| Previous Owner | $253,000 | Purchase Money Mortgage | |
| Previous Owner | $478,200 | New Conventional | |
| Previous Owner | $70,000 | Credit Line Revolving | |
| Previous Owner | $30,000 | Credit Line Revolving | |
| Previous Owner | $468,000 | New Conventional | |
| Previous Owner | $383,920 | Purchase Money Mortgage | |
| Previous Owner | $336,000 | No Value Available | |
| Previous Owner | $225,000 | No Value Available | |
| Previous Owner | $212,250 | FHA | |
| Previous Owner | $25,000 | Stand Alone Second | |
| Previous Owner | $118,400 | FHA | |
| Closed | $71,985 | No Value Available |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: CV24220716
APN: 5443-029-016
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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