NOT LISTED FOR SALE

624 N Benton Way Los Angeles, CA 90026

Echo Park Neighborhood

Estimated Value: $1,252,000 - $1,738,000

4 Beds
4 Baths
3,096 Sq Ft
$493/Sq Ft Est. Value

Last Sold February 20, 2015

Last sale price $820,000 $265 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $9,329/month

43 Days on Market

About This Home

As of February 2015

Silver Lake 4-plex. Two blocks to Sunset Blvd. and all the cool restaurants, shops and cafes. Mohawk Bend, Fix Cafe and all that is Echo Park/ Silver Lake awesomeness. Views of Downtown Los Angeles. All 1 bedrooms, however the 2 upstairs units are being used as 2 bedrooms. Detached garages for four cars and plenty of room for other cars also.It's an ideal investment for the savvy investor. Rents are below market with lots of room for growth ($3561/mo total rents). Could be getting close to $8,000. Contact us for more information! 2 of the tenants may be open to relocation.

Last Agent to Sell the Property

Jo O'key

Keller Williams Realty Los Feliz License #01452053 Listed on: 12/08/2014

Keller Williams Realty Los Feliz

Last Buyer's Agent

Martin Muoto

Martin Muoto License #01922869

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,091

Year Built

  • Built in 1913

Lot Details

  • 7,306

Home Design

  • 3,096 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Parking

  • 8 Car Attached Garage
  • Gated Parking

Additional Features

  • Oven or Range
  • 7,306 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 5402-009-015

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,091

Year Built

Built in 1913

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 3096
  • Year Built: 1913
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 4
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 4.00
  • Den: 0
  • Equipment: Range/Oven
  • Price Per S Q F T: 258.07

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Parking Garage: Garage, Garage Is Detached, Gated
  • Total Parking: 8

Utilities

  • Heating: Wall

Lot Info

  • Assessed Improvement Value: 170771
  • Assessed Land Value: 311407
  • Assessor Parcel Number: 5402-009-015
  • Geocode Override: No
  • Lot Size Area: 7306

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Number Of Units: 4
  • Rent Control: 100
  • Total Annual Expense: 0
  • Type Of Units: Residential
  • Vacancy Rate: 0%

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 30, 2022
Sold by
Rebecca Tarneja
Bought by
Rebecca Lynne Tarneja Living Trust
Current Estimated Value
$1,519,723

Purchase Details

Closed on
Jul 9, 2021
Sold by
Tarneja Ankur and Tarneja Rebecca
Bought by
Tarneja Rebecca

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$736,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 10, 2017
Sold by
Tarneja Ankur
Bought by
Tarneja Ankur and Tarneja Rebecca

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,122,375
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 8, 2014
Closed on
Jan 21, 2015
Sold by
Choi Eun Bong
Bought by
Tarneja Ankur and Mccullough Rebecca L
Seller's Agent
Jo O'key
Keller Williams Realty Los Feliz
Buyer's Agent
Martin Muoto
Martin Muoto
List Price
$799,000
Sold Price
$820,000
Premium/Discount to List
$21,000
2.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.73%
Original Mortgage
$792,632
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Listed on
Mar 26, 2012
Closed on
Jul 6, 2012
Sold by
Park Youngju
Bought by
Choi Eunbong
Seller's Agent
Harold Rohdes
Revel Real Estate
Buyer's Agent
Harold Rohdes
Revel Real Estate
List Price
$480,000
Sold Price
$480,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.57%
Original Mortgage
$498,974
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 14, 2012
Sold by
Fletes Adan R and Fletes Gloria
Bought by
Choi Eun Bong

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$498,974
Interest Rate
3.62%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Rebecca Lynne Tarneja Living Trust -- None Listed On Document
Tarneja Rebecca -- Chicago Title
Tarneja Ankur -- Fidelity Sherman Oaks
Tarneja Ankur $820,000 Fidelity National Title
Choi Eunbong -- Advantage Title Inc
Choi Eun Bong $480,004 Advantage Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tarneja Rebecca $736,000
Previous Owner Tarneja Ankur $848,000
Previous Owner Tarneja Ankur $1,122,375
Previous Owner Tarneja Ankur $792,632
Previous Owner Choi Eun Bong $498,974
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/20/2015 02/20/15 Sold $820,000 +2.6% $265 / Sq Ft
01/20/2015 01/20/15 Pending -- -- --
12/08/2014 12/08/14 For Sale $799,000 +66.5% $258 / Sq Ft
08/10/2012 08/10/12 Sold $480,000 0.0% $155 / Sq Ft
04/16/2012 04/16/12 Pending -- -- --
03/26/2012 03/26/12 For Sale $480,000 -- $155 / Sq Ft
Source: The MLS

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 $12,091 $985,506 $739,132 $246,374
2024 $12,091 $966,184 $724,640 $241,544
2023 $11,861 $947,240 $710,432 $236,808
2022 $11,318 $928,667 $696,502 $232,165
2021 $11,170 $910,459 $682,846 $227,613
2020 $11,278 $901,125 $675,845 $225,280
2019 $10,840 $883,457 $662,594 $220,863
2018 $10,694 $866,135 $649,602 $216,533
2016 $10,207 $832,504 $624,378 $208,126
2015 $6,231 $491,811 $317,628 $174,183
2014 $6,275 $482,178 $311,407 $170,771
Source: Public Records

Agents Affiliated with this Home

  • Jo O'key

    Seller's Agent in 2015

    Jo O'key

    Keller Williams Realty Los Feliz

    (323) 207-5270

    14 Total Sales

    Section Image
  • Martin Muoto

    Buyer's Agent in 2015

    Martin Muoto

    Martin Muoto

    (323) 306-4640

    Section Image

  • H

    Seller's Agent in 2012

    Harold Rohdes

    Revel Real Estate

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Map

Source: The MLS

MLS Number: 14-815115

The MLS

APN: 5402-009-015

California Los Angeles County Los Angeles 90026 Echo Park

624 N Benton Way, Los Angeles, CA

This home is located at 624 N Benton Way, Los Angeles, CA 90026 since 08 December 2014 and is currently estimated at $1,526,001, approximately $492 per square foot. This property was built in 1913. 624 N Benton Way is a home located in Los Angeles County with nearby schools including Virgil Middle School, Belmont High School, and Academic Leadership Community Miguel Contreras Learning Complex.

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