NOT LISTED FOR SALE

Estimated Value: $821,000 - $988,000

2 Beds
1 Bath
1,866 Sq Ft
$482/Sq Ft Est. Value

Last Sold November 29, 2019

Last sale price $630,500 $338 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $5,597/month

66 Days on Market

About This Home

As of November 2019

Well maintained 2-story duplex situated just south of the Hollywood Freeway near the Silverlake/Echo Park area. Each unit is a 2 bedroom one bath. There is single car garage and off-street parking for 2 spaces. Upper unit has a balcony facing toward downtown Los Angeles. Convenient to downtown, hip Slverlake and Echo Park. Walk around Echo Park Lake, enjoy a snack from the coffee bar or a ride in the cool swan paddle boats. Great owner/user in gentrified area with high demand for rental units and escalating rents.

Last Agent to Sell the Property

David Kinder

David Kinder License #00313096 Listed on: 07/31/2019

Last Buyer's Agent

Mike Motamedi

LPT Realty, Inc License #01517869

LPT Realty, Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,377

Year Built

  • Built in 1920

Lot Details

  • 2,676 Sq Ft Lot
  • 1 Common Wall
  • Density is 2-5 Units/Acre

Parking

  • 1 Car Garage

Home Design

  • 1,866 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Additional Features

  • Exterior Lighting
  • Natural Gas Connected

Listing and Financial Details

  • Tax Lot 111
  • Tax Tract Number 91
  • Assessor Parcel Number 5155021015

Community Details

Overview

  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,377

Year Built

Built in 1920

Lot Details

0

Parking

1

Listing Details

  • Property Attached: Yes
  • Zoning: LAR4
  • Property Type: Residential Income
  • Parcel Number: 5155021015
  • Year Built: 1920
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 337.89

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
  • Laundry: No
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 2676.00
  • Lot Size Acres: 0.0614

Multi Family

  • Lot Size Area: 2676.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Units Total: 2
  • Rent Control: Yes

Tax Info

  • Tax Census Tract: 2087.20
  • Tax Lot: 111
  • Tax Tract Number: 91

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 18, 2021
Sold by
Clinton Street Properties Llc
Bought by
Benton Way Properties Llc
Current Estimated Value
$899,051

Purchase Details

Listed on
Jul 31, 2019
Closed on
Nov 6, 2019
Sold by
Graham Dan Lyle and Graham Leticia Marana
Bought by
Clinton Street Properties Llc
Seller's Agent
David Kinder
David Kinder
Buyer's Agent
Mike Motamedi
LPT Realty, Inc
List Price
$895,000
Sold Price
$630,500
Premium/Discount to List
-$264,500
-29.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.40%
Original Mortgage
$378,300
Interest Rate
4.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 27, 2018
Sold by
Graham Leticia M
Bought by
Graham Leticia Marana and The Dan Lyle Graham And Letici

Purchase Details

Closed on
Feb 9, 2003
Sold by
Graham Dan Lyle
Bought by
Marana Graham Leticia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,000
Interest Rate
5.71%

Purchase Details

Closed on
Dec 3, 1998
Sold by
Graham Dan Lyle
Bought by
Marana Graham Leticia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
6.78%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 30, 1998
Sold by
Marana Leticia C
Bought by
Marana Graham Leticia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
6.78%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Benton Way Properties Llc -- None Available
Clinton Street Properties Llc $630,500 Orange Coast Title Company
Graham Leticia Marana -- None Available
Marana Graham Leticia -- Southland
Marana Graham Leticia -- First American
Marana Graham Leticia -- First American
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Benton Way Properties Llc $602,700
Previous Owner Clinton Street Properties Llc $378,300
Previous Owner Marana Graham Leticia $190,000
Previous Owner Marana Graham Leticia $200,000
Previous Owner Marana Graham Leticia $159,000
Previous Owner Marana Graham Leticia $136,000
Previous Owner Marana Graham Leticia $136,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/29/2019 11/29/19 Sold $630,500 -29.6% $338 / Sq Ft
10/05/2019 10/05/19 Pending -- -- --
07/31/2019 07/31/19 For Sale $895,000 -- $480 / 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 $8,377 $689,539 $492,139 $197,400
2024 $8,377 $676,020 $482,490 $193,530
2023 $10,670 $867,000 $744,600 $122,400
2022 $7,843 $649,771 $463,755 $186,016
2021 $7,739 $637,031 $454,662 $182,369
2020 $7,817 $630,500 $450,000 $180,500
2019 $5,889 $480,203 $350,053 $130,150
2018 $3,225 $259,624 $156,561 $103,063
2016 $3,066 $249,545 $150,483 $99,062
2015 $3,022 $245,797 $148,223 $97,574
2014 $3,043 $240,983 $145,320 $95,663
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR19183575

California Regional Multiple Listing Service (CRMLS)

APN: 5155-021-015