NOT LISTED FOR SALE

5548 Echo St Los Angeles, CA 90042

Estimated Value: $855,000 - $1,273,926

3 Beds
2 Baths
1,326 Sq Ft
$803/Sq Ft Est. Value

Last Sold March 30, 2018

Last sale price $770,000 $581 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $6,633/month

19 Days on Market

Highlights

  • Wood Flooring
  • Cooling System Mounted To A Wall/Window
  • Floor Furnace
  • Private Yard
  • Laundry Room
  • 2-minute walk to Tierra de la Culebra Park

About This Home

As of March 2018

OPEN HOUSE TUES., FEB 6 from 11-2pm.
A rare 2 STORY DUPLEX totaling 1,326 SQ FT in highly sought-after Highland Park. This well-cared for duplex is one block from the famous Highland Park Bowl with a walkability score of 87% and sitting on a quiet cul-de-sac. The beautiful upstairs unit has approximately 836 square feet, 1 bedroom 1 bath, plus den with laundry room. Current tenant is paying $1,695/month. The newly partially renovated 490 square foot lower-level unit has a new full-sized kitchen, new electrical, new LED lighting, new window AC and new fridge, with one bedroom and one bath, and separate back entrance and WILL BE DELIVERED VACANT! Property includes a detached garage and a spacious private back yard. New roof was installed less than 2 years ago. This property offers a rare chance to own a unique income producing property in Highland Park.

Last Agent to Sell the Property

Sammy Masarani

Keller Williams Realty World Media Center License #01957940 Listed on: 02/01/2018

Keller Williams Realty World Media Center

Last Buyer's Agent

Brad Gilboe

Exp Realty of California Inc. License #01957502

Exp Realty of California  Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,515

Year Built

  • Built in 1922

Lot Details

  • 5,253 Sq Ft Lot
  • No Common Walls
  • Private Yard
  • Density is 2-5 Units/Acre

Parking

  • 1 Car Garage

Home Design

  • Duplex

Interior Spaces

  • 1,326 Sq Ft Home
  • Decorative Fireplace
  • Wood Flooring
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Utilities

  • Cooling System Mounted To A Wall/Window
  • Floor Furnace

Listing and Financial Details

  • Tax Lot 25
  • Tax Tract Number 6
  • Assessor Parcel Number 5468027006

Community Details

Overview

  • 2 Units

Building Details

  • 1 Leased Unit
  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $800
  • Trash Expense $300
  • Water Sewer Expense $600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,515

Year Built

Built in 1922

Lot Details

0

Parking

1

Listing Details

  • Other Phone Description: 818-800-8520
  • Property Attached: No
  • Water Sewer Expenses: 600.00
  • Zoning: LARD2
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 5468027006
  • Year Built: 1922
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Fireplace Features: Decorative
  • Levels: Two
  • Price Per Square Foot: 580.69

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Floor Furnace
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Trash Expense: 300.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Yard
  • Lot Size Sq Ft: 5253.00

Multi Family

  • Insurance Expense: 800.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 1
  • Number Of Units Total: 2
  • Rent Control: Yes

Tax Info

  • Tax Census Tract: 1838.10
  • Tax Lot: 25
  • Tax Tract Number: 006

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2018
Closed on
Feb 27, 2018
Sold by
Hawk Kayce Constance and Poppke Erin Govinda
Bought by
Tobin Eric
Seller's Agent
Sammy Masarani
Keller Williams Realty World Media Center
Buyer's Agent
Brad Gilboe
Exp Realty of California Inc.
List Price
$725,000
Sold Price
$770,000
Premium/Discount to List
$45,000
6.21%
Current Estimated Value
$1,064,732

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$294,732
Avg. Annual Appreciation
5.31%
Original Mortgage
$612,000
Interest Rate
4.38%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 21, 2017
Closed on
Feb 15, 2017
Sold by
Elad Investments Llc
Bought by
Hawk Kayce Constance and Poppke Erin Govinda
Seller's Agent
Alex Khalilifard
RE/MAX One
Buyer's Agent
Sammy Masarani
Keller Williams Realty World Media Center
List Price
$549,000
Sold Price
$570,000
Premium/Discount to List
$21,000
3.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
34.69%
Original Mortgage
$559,675
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 5, 2016
Sold by
Hasson Ron
Bought by
Elad Investments Llc

Purchase Details

Closed on
Sep 17, 2015
Sold by
Hernandez Jose
Bought by
Hasson Ron and Hasson Ronald

Purchase Details

Closed on
Nov 12, 2014
Sold by
Hasson Ron
Bought by
Hasson Ron and Davis John

Purchase Details

Closed on
Jan 20, 2014
Sold by
Hasson Ron
Bought by
Hasson Ron and Hernandez Jose

Purchase Details

Closed on
Dec 12, 2012
Sold by
Hasson Ronald and Hasson Ron
Bought by
Hasson Ron and Hernandez Jose

Purchase Details

Closed on
Nov 21, 2005
Sold by
Hasson Carrie
Bought by
Hasson Ron

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$392,000
Interest Rate
6.31%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 4, 2005
Sold by
Los Angeles Orthopedic Hospital Foundati
Bought by
Hasson Ron

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$392,000
Interest Rate
6.31%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 9, 2005
Sold by
Withum Estelle R
Bought by
Los Angeles Orthopaedic Hospital Foundat
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
Tobin Eric $770,000 Chicago Title
Hawk Kayce Constance $570,000 Lawyers Title
Elad Investments Llc $440,000 None Available
Hasson Ron -- Accommodation
Hasson Ron -- Accommodation
Hasson Ron -- None Available
Hasson Ron -- None Available
Hasson Ron -- None Available
Hasson Ron -- Alliance Title Company
Hasson Ron $490,000 Alliance Title Company
Los Angeles Orthopaedic Hospital Foundat -- Southland Title Corporation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tobin Eric $608,000
Closed Tobin Eric $612,000
Previous Owner Hawk Kayce Constance $559,675
Previous Owner Hasson Ron $392,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/30/2018 03/30/18 Sold $770,000 +6.2% $581 / Sq Ft
02/01/2018 02/01/18 For Sale $725,000 +27.2% $547 / Sq Ft
03/28/2017 03/28/17 Sold $570,000 +3.8% $430 / Sq Ft
03/05/2017 03/05/17 Pending -- -- --
02/21/2017 02/21/17 For Sale $549,000 -- $414 / 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 $10,515 $876,123 $648,560 $227,563
2024 $10,515 $858,945 $635,844 $223,101
2023 $10,311 $842,104 $623,377 $218,727
2022 $9,827 $825,593 $611,154 $214,439
2021 $9,707 $809,406 $599,171 $210,235
2019 $9,415 $785,400 $581,400 $204,000
2018 $7,116 $581,400 $428,400 $153,000
2016 $5,689 $465,659 $285,296 $180,363
2015 $6,021 $493,490 $302,268 $191,222
2014 $4,469 $354,000 $216,700 $137,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: BB18024458

California Regional Multiple Listing Service (CRMLS)

APN: 5468-027-006