Seller's Agent in 2024
James Casey
Harcourts Cornerstone Realty Group
(818) 641-9050
2 in this area
24 Total Sales
358 Patton St Los Angeles, CA 90026
Echo Park Neighborhood
4
Beds
2
Baths
1,318
Sq Ft
5,600
Sq Ft Lot
Highlights
- City Lights View
- Patio
- Laundry Room
- No HOA
- Park
- 2-minute walk to Patton Street Park
About This Home
As of October 2024Luxury Live Auction! Bidding to start from $700,000! Property was previously offered earlier in the year, but problem tenants made it impossible to show. They are out and we are ready to accept offers! Excellent first time buyer opportunity, investment property or possible development site. This hillside home has been in the same family for over 75 years. The home has been well maintained with a newer roof, updated electrical, newer kitchen and baths, and copper plumbing. There is off-street parking in the driveway for 2-3 cars behind a rolling gate. The alley behind gives access for a possible garage or additional parking spaces. Two storage sheds behind the home make for additional storage room or a workshop. Download 22-page HomeBook from Supplements for additional details. You may also download full inspection reports and seller disclosures from Supplements.
There are no private showings. Open Houses will be held on Saturdays and Thursday evenings until either an offer is accepted or the property goes to auction on September 12. PRESENT OFFERS IN ADVANCE TO CANCEL THE AUCTION. Inspection reports and all seller disclosures available in Supplements for review prior to offer. THIS IS A NON DISTRESSED AUCTION PROPERTY; NOT IN FORECLOSURE. Contact Listing Agent with Auction Questions
Last Agent to Sell the Property
Harcourts Cornerstone Realty Group Brokerage Phone: 818-641-9050 License #01380677 Listed on: 01/18/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,825
Year Built
- Built in 1906
Lot Details
- 5,600 Sq Ft Lot
- Lot Dimensions are 40x140
- Density is up to 1 Unit/Acre
- Property is zoned LACW
Home Design
- Bungalow
- Entry on the 1st floor
- Composition Roof
- Stucco
Interior Spaces
- 1,318 Sq Ft Home
- 1-Story Property
- Tile Flooring
- City Lights Views
Bedrooms and Bathrooms
- 4 Main Level Bedrooms
Laundry
- Laundry Room
- Laundry Located Outside
- Dryer
- Washer
Parking
- Parking Available
- Driveway
Outdoor Features
- Patio
- Rain Gutters
Utilities
- Wall Furnace
- Standard Electricity
- Natural Gas Connected
Listing and Financial Details
- Legal Lot and Block 12 / 39
- Tax Tract Number 67
- Assessor Parcel Number 5160008012
Community Details
Overview
- No Home Owners Association
Recreation
- Park
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 18, 2024
Closed on
Sep 10, 2024
Sold by
Henry V Alvarez Family Trust and Alvarez Henry V
Bought by
Drobakha Arsen and Drobakha Violetta
Seller's Agent
James Casey
Harcourts Cornerstone Realty Group
Buyer's Agent
Johnny Aragon
Coldwell Banker Realty
List Price
$700,000
Sold Price
$755,000
Premium/Discount to List
$55,000
7.86%
Views
286
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$103,738
Avg. Annual Appreciation
14.85%
Original Mortgage
$656,850
Outstanding Balance
$650,719
Interest Rate
6.46%
Mortgage Type
New Conventional
Estimated Equity
$208,019
Purchase Details
Closed on
Dec 10, 2012
Sold by
Alvarez Henry V and Regalado Betsy Aurierala
Bought by
Alvarez Henry and Henry V Alvarez Family Trust
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,100
Interest Rate
3.27%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 6, 2006
Sold by
Alvarez Henry V
Bought by
Alvarez Henry and Henry V Alvarez Family Trust
Purchase Details
Closed on
Mar 15, 2002
Sold by
Alvarez Henry V
Bought by
Alvarez Henry
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.85%
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $755,000 | Chicago Title | |
| Interfamily Deed Transfer | -- | Title 365 | |
| Interfamily Deed Transfer | -- | Title 365 | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | First American Title Ins Co |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $656,850 | New Conventional | |
| Previous Owner | $126,100 | New Conventional | |
| Previous Owner | $130,000 | Credit Line Revolving | |
| Previous Owner | $170,000 | Credit Line Revolving | |
| Previous Owner | $150,000 | Credit Line Revolving | |
| Previous Owner | $40,000 | Credit Line Revolving | |
| Previous Owner | $150,000 | Unknown | |
| Previous Owner | $150,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/04/2024 10/04/24 | Sold | $755,000 | +7.9% | $573 / Sq Ft |
| 09/09/2024 09/09/24 | Pending | -- | -- | -- |
| 08/22/2024 08/22/24 | For Sale | $700,000 | -7.3% | $531 / Sq Ft |
| 08/05/2024 08/05/24 | Off Market | $755,000 | -- | -- |
| 08/05/2024 08/05/24 | For Sale | $700,000 | -7.3% | $531 / Sq Ft |
| 03/13/2024 03/13/24 | Off Market | $755,000 | -- | -- |
| 03/13/2024 03/13/24 | For Sale | $700,000 | -7.3% | $531 / Sq Ft |
| 03/12/2024 03/12/24 | Off Market | $755,000 | -- | -- |
| 03/08/2024 03/08/24 | For Sale | $700,000 | -7.3% | $531 / Sq Ft |
| 03/07/2024 03/07/24 | Off Market | $755,000 | -- | -- |
| 03/01/2024 03/01/24 | For Sale | $700,000 | -7.3% | $531 / Sq Ft |
| 02/29/2024 02/29/24 | Off Market | $755,000 | -- | -- |
| 01/18/2024 01/18/24 | For Sale | $700,000 | -- | $531 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $1,825 | $755,000 | $455,000 | $300,000 |
| 2024 | $1,825 | $131,988 | $71,276 | $60,712 |
| 2023 | $1,798 | $129,401 | $69,879 | $59,522 |
| 2022 | $1,724 | $126,864 | $68,509 | $58,355 |
| 2021 | $1,694 | $124,377 | $67,166 | $57,211 |
| 2019 | $1,647 | $120,690 | $65,175 | $55,515 |
| 2018 | $1,612 | $118,325 | $63,898 | $54,427 |
| 2016 | $1,532 | $113,732 | $61,418 | $52,314 |
| 2015 | $1,512 | $112,025 | $60,496 | $51,529 |
| 2014 | $1,529 | $109,831 | $59,311 | $50,520 |
Source: Public Records
Agents Affiliated with this Home
-
James Casey
-
Johnny Aragon
Buyer's Agent in 2024
Johnny Aragon
Coldwell Banker Realty
(213) 290-3678
2 in this area
16 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SR24008884
APN: 5160-008-012
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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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