NOT LISTED FOR SALE

2506 Berkeley Ave Los Angeles, CA 90026

Echo Park Neighborhood

Estimated Value: $2,243,000 - $2,382,000

4 Beds
4 Baths
2,772 Sq Ft
$834/Sq Ft Est. Value

Last Sold April 10, 2014

Last sale price $770,000 $278 Per Sq Ft

Est. 200% increase in value since last sale

Current estimated payment $13,452/month

49 Days on Market

Highlights

  • City Lights View
  • Contemporary Architecture
  • Laundry Room
  • John Marshall Senior High Rated A
  • No HOA
  • Central Heating and Cooling System

About This Home

As of April 2014

Built in 2007 contemporary home, Offers 4 bedrooms 4 bathrooms,fantastic living room with High ceilings, family room with surround sound, gourmet kitchen with center island and custom made cabinetry, Granite counter tops ceramic tile flooring, Viking stove, Viking extractor, Trash Compactor, Garbage disposal. All Bedrooms features bamboo floors. Bathrooms have tile floors, master Bedroom with Walk-in closet Full master Bat, Jacuzzi tub and private shower, ADT Alarm System. intercom and security cameras, Two car carport. This is an R2 lot with (potential to build a second home check with city.)Owner has permits to continue to build face around the home.

Last Agent to Sell the Property

Ignacio Arteaga

REALTY MASTERS & ASSOCIATES License #01250605 Listed on: 11/21/2013

REALTY MASTERS & ASSOCIATES

Last Buyer's Agent

Ignacio Arteaga

REALTY MASTERS & ASSOCIATES License #01250605 Listed on: 11/21/2013

REALTY MASTERS & ASSOCIATES

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,136

Year Built

  • Built in 2007

Lot Details

  • 6,706 Sq Ft Lot
  • Front Yard

Parking

  • 2 Car Garage

Home Design

  • Contemporary Architecture

Interior Spaces

  • 2,772 Sq Ft Home
  • Family Room
  • Dining Room with Fireplace
  • City Lights Views
  • Dishwasher
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 16
  • Tax Tract Number 368
  • Assessor Parcel Number 5424004041

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,136

Year Built

Built in 2007

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Architectural Style: Contemporary
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5424004041
  • Year Built: 2007
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2772.00
  • Interior Amenities: Pantry
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: Dining Room
  • Levels: Two
  • Price Per Square Foot: 277.78
  • Room Type: Family Room

Exterior Features

  • View: City Lights
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher
  • Heating Type: Central
  • Laundry Features: Inside
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Lot Features: Front Yard
  • Lot Size Sq Ft: 6706.00
  • Lot Size Acres: 0.1540

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6706.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 16
  • Tax Tract Number: 368

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 10, 2014
Sold by
Berkeley Trust
Bought by
Narutotai Realty Of Tokyo Japan Llc
Current Estimated Value
$2,313,052

Purchase Details

Listed on
Nov 21, 2013
Closed on
Feb 19, 2014
Sold by
Kobayashi June Junko
Bought by
Berkeley Trust and Equss Capital
Seller's Agent
Ignacio Arteaga
REALTY MASTERS & ASSOCIATES
Buyer's Agent
Ignacio Arteaga
REALTY MASTERS & ASSOCIATES
List Price
$1,175,000
Sold Price
$770,000
Premium/Discount to List
-$405,000
-34.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.98%

Purchase Details

Closed on
Jun 12, 2007
Sold by
Dickson Emanual Warren
Bought by
Kobayashi June Junko

Purchase Details

Closed on
Mar 23, 2007
Sold by
Magdirila Marino Paz and Magdirila Lourdes Caballero
Bought by
Kobayashi June Junko

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$880,000
Interest Rate
8.37%
Mortgage Type
Construction

Purchase Details

Closed on
Dec 31, 2003
Sold by
Cabrito Maximino S and Cabrito Priscilla M
Bought by
Magdirila Marino Paz

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
6.49%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 19, 1999
Sold by
Miranda Vincente C and Miranda Luzviminda A
Bought by
Cabrito Maximino S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
3.85%

Purchase Details

Closed on
Jun 25, 1996
Sold by
Standard Svfs Bank
Bought by
Miranda Vicente C and Miranda Luzviminda A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,000
Interest Rate
8.18%

Purchase Details

Closed on
Jun 22, 1995
Sold by
Yu Lloyd S and Standard Svgs Bank
Bought by
Standard Svgs Bank
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
Narutotai Realty Of Tokyo Japan Llc -- Wfg National Title Ins Co
Berkeley Trust $770,007 Fidelity Sherman Oaks
Kobayashi June Junko -- Provident Title Company
Kobayashi June Junko $699,000 Provident Title Company
Magdirila Marino Paz -- Commonwealth Land Title Co
Cabrito Maximino S $135,000 Gateway Title Company
Miranda Vicente C $105,000 Investors Title Company
Standard Svgs Bank $196,748 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kobayashi June Junko $880,000
Previous Owner Magdirila Marino Paz $210,000
Previous Owner Cabrito Maximino S $108,000
Previous Owner Miranda Vicente C $84,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/10/2014 04/10/14 Sold $770,000 -10.7% $278 / Sq Ft
01/09/2014 01/09/14 Pending -- -- --
12/27/2013 12/27/13 Price Changed $862,000 +3.2% $311 / Sq Ft
12/23/2013 12/23/13 Price Changed $835,000 -17.3% $301 / Sq Ft
12/04/2013 12/04/13 Price Changed $1,009,200 -14.1% $364 / Sq Ft
11/21/2013 11/21/13 For Sale $1,175,000 -- $424 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $16,136 $1,340,053 $939,842 $400,211
2024 $16,136 $1,313,778 $921,414 $392,364
2023 $15,823 $1,288,019 $903,348 $384,671
2022 $15,085 $1,262,765 $885,636 $377,129
2021 $14,895 $1,238,006 $868,271 $369,735
2019 $14,448 $1,201,287 $842,518 $358,769
2018 $14,336 $1,177,734 $825,999 $351,735
2016 $13,696 $1,132,003 $793,925 $338,078
2015 $13,495 $1,115,000 $782,000 $333,000
2014 $11,138 $903,270 $546,466 $356,804
Source: Public Records

Agents Affiliated with this Home

  • Ignacio Arteaga

    Seller's Agent in 2014

    Ignacio Arteaga

    REALTY MASTERS & ASSOCIATES

    (626) 862-8957

    38 Total Sales

    Ignacio Arteaga
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV13238154

California Regional Multiple Listing Service (CRMLS)

APN: 5424-004-041

California Los Angeles County Los Angeles 90026 Echo Park

2506 Berkeley Ave, Los Angeles, CA

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