NOT LISTED FOR SALE

2978 Ripple Place Unit 101 Los Angeles, CA 90039

Elysian Valley Neighborhood

Estimated Value: $710,000 - $898,000

2 Beds
2 Baths
1,050 Sq Ft
$744/Sq Ft Est. Value

Last Sold April 03, 2017

Last sale price $575,000 $548 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $4,805/month

Highlights

  • River View
  • 0.38 Acre Lot
  • Central Heating and Cooling System
  • John Marshall Senior High Rated A
  • Laundry Room
  • 1-minute walk to Lewis MacAdams Riverfront Park

About This Home

As of February 2024

Step into your new urban oasis! Amazing 2 bed 2 bath flat in a newer construction in the heart of Frogtown. Enjoy the upgraded touches like engineered hardwood floors, modern and chic kitchen with quartz countertops, stainless steel appliances, European style bathrooms, in unit laundry, gated underground parking with extra guest spots along with common areas with bbqs and multiple patios perfect for gatherings! This is an ideal space for those that love the excitement of the city, close to the Riverfront, the LA River, Breweries, Cafes, Restaurants, and Whole Foods.

Last Agent to Rent the Property

Peggy Lim

Real Brokerage Technologies License #02040293 Listed on: 12/29/2023

Real Brokerage Technologies

Last Renter's Agent

Peggy Lim

Real Brokerage Technologies License #02040293 Listed on: 12/29/2023

Real Brokerage Technologies

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $7,993

Year Built

  • Built in 2016

Lot Details

  • 0.38

Parking

  • 2 Car Garage

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,050 Sq Ft Home
  • 1-Story Property
  • River Views
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Two or More Common Walls
  • Urban Location
  • Central Heating and Cooling System

Listing and Financial Details

  • Security Deposit $3,400
  • 12-Month Minimum Lease Term
  • Available 1/1/24
  • Tax Lot 1
  • Tax Tract Number 64085
  • Assessor Parcel Number 5442031066

Community Details

Overview

  • Property has a Home Owners Association
  • 56 Units

Recreation

  • Bike Trail

Pet Policy

  • Pet Deposit $500
  • Dogs and Cats Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$7,993

Year Built

Built in 2016

Lot Details

0

Parking

2

Rental Info

  • Cashiers Check: 1ST Month Rent, Pet Deposit, Security Deposit
  • Available Date: 2024-01-01
  • Credit Check Paid By: Tenant
  • Deposit Key: 25
  • Deposit Pets: 500
  • Deposit Security: 3400
  • Furnished: Unfurnished
  • Pets Allowed: Cats OK, Dogs OK
  • Transfer Fee Paid By: Owner

Listing Details

  • Structure Type: Multi Family
  • Property Attached: Yes
  • View: Yes
  • Zoning: LACM
  • Property Sub Type: Townhouse
  • Property Type: Residential Lease
  • Parcel Number: 5442031066
  • Year Built: 2016
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1050.00 Square Feet
  • Stories: 1
  • Entry Location: front
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 3.24
  • Room Type: All Bedrooms Down

Exterior Features

  • View: River
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Senior Community: No
  • Community Features: Biking, Urban

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 16566.00
  • Lot Size Acres: 0.3803

Multi Family

  • Insurance Water Furniture: No
  • Lease Term: 12 Months
  • Lot Size Area: 16566.0000 Square Feet
  • Number Of Units In Community: 56
  • Number Of Units Total: 56

Tax Info

  • Tax Census Tract: 1872.00
  • Tax Lot: 1
  • Tax Tract Number: 64085

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2016
Closed on
Feb 22, 2017
Sold by
La River Lofts Llc
Bought by
Rhee Luis and Lee Lisa
Seller's Agent
Scott Anastasi
Scott Anastasi Realty, Inc.
Buyer's Agent
Luis Rhee
Metis Real Estate
List Price
$579,900
Sold Price
$575,000
Premium/Discount to List
-$4,900
-0.84%
Current Estimated Value
$780,687

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$205,687
Avg. Annual Appreciation
3.65%
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
Rhee Luis $575,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/05/2024 02/05/24 Rented $3,400 0.0% --
12/29/2023 12/29/23 For Rent $3,400 0.0% --
04/03/2017 04/03/17 Sold $575,000 -0.8% $518 / Sq Ft View Prior Sale
02/16/2017 02/16/17 Pending -- -- --
12/16/2016 12/16/16 For Sale $579,900 0.0% $522 / Sq Ft
09/06/2016 09/06/16 Pending -- -- --
08/18/2016 08/18/16 For Sale $579,900 -- $522 / 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 $7,993 $667,329 $469,453 $197,876
2024 $7,993 $654,246 $460,249 $193,997
2023 $7,837 $641,419 $451,225 $190,194
2022 $7,468 $628,843 $442,378 $186,465
2021 $7,376 $616,513 $433,704 $182,809
2019 $7,153 $598,229 $420,841 $177,388
2018 $7,120 $586,500 $412,590 $173,910
Source: Public Records

Agents Affiliated with this Home

  • Peggy Lim

    Landlord's Agent in 2024

    Peggy Lim

    Real Brokerage Technologies

    (888) 584-9427

    1 in this area

    86 Total Sales

    Peggy Lim
    Section Image
  • Scott Anastasi

    Seller's Agent in 2017

    Scott Anastasi

    Scott Anastasi Realty, Inc.

    (310) 567-3866

    50 Total Sales

    Scott Anastasi
    Section Image

  • L

    Buyer's Agent in 2017

    Luis Rhee

    Metis Real Estate

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS23231444

California Regional Multiple Listing Service (CRMLS)

APN: 5442-031-066

California Los Angeles County Los Angeles 90039 Elysian Valley

2978 Ripple Place Unit 101, Los Angeles, CA

This home is located at 2978 Ripple Place Unit 101, Los Angeles, CA 90039 since 29 December 2023 and is currently priced at $780,687. This property was built in 2016. 2978 Ripple Place Unit 101 is a home located in Los Angeles County with nearby schools including Allesandro Elementary, Irving STEAM Magnet School, and John Marshall Senior High.

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California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

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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