NOT LISTED FOR SALE

718 Echo Park Ave Los Angeles, CA 90026

Echo Park Neighborhood

Estimated Value: $782,000 - $1,287,000

2 Beds
1 Bath
944 Sq Ft
$1,063/Sq Ft Est. Value

Last Sold April 16, 2018

Last sale price $900,000 $953 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $5,521/month

6 Days on Market

Highlights

  • Attached Guest House
  • Wood Flooring
  • No HOA
  • Reservoir Views
  • Spanish Architecture
  • Built-In Features

About This Home

As of April 2018

One-of-a-kind circa 1925 Echo Park Spanish bungalow in unbelievable Los Angeles setting: right on the lake! Incredible views of Echo Park Lake stretch across picture windows for a exhilarating ambiance; plus a charming Juliet balcony where you can almost reach out and touch the reservoir and become one with the energy of this burgeoning enclave. Single level 2BD and 1BA main house; classic features include: built-ins, plaster walls, original hardwood floors, original wood windows and moldings. Amazing separate basement unit with 3 entrances and bonus kitchen and bath. Voluminous dramatic 2 car garage. Large street to street lot. Contributing feature to the Angelino Heights HPOZ. Unbelievable opportunity to restore this jewel box in a rare setting. First time on the market in almost 40 years!

Last Agent to Sell the Property

Konstantine Valissarakos

Nourmand & Associates-HW License #01023114 Listed on: 03/30/2018

Co-Listed By

Richard Yohon

Sotheby's International Realty License #01276405

Last Buyer's Agent

Robbie Conley

Compass License #01971587

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,215

Year Built

  • Built in 1926

Lot Details

  • 7,087 Sq Ft Lot
  • Property is zoned LARD2

Parking

  • 2 Car Garage

Home Design

  • Spanish Architecture

Interior Spaces

  • 944 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Decorative Fireplace
  • Living Room
  • Dining Area
  • Wood Flooring
  • Reservoir Views
  • Oven or Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry in Garage
  • Dryer
  • Washer

Additional Features

  • Attached Guest House
  • Central Heating

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 5404-022-002

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,215

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Spanish
  • Street Number Display: Yes
  • Living Area: 944
  • Stories: 2
  • Year Built: 1926
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Decorative
  • Flooring: Hardwood, Mixed
  • Bedrooms: 2
  • Full Bathroom: 1
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: Garage
  • Total Bathrooms: 1.00
  • Equipment: Built-Ins, Dryer, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 780.72

Exterior Features

  • Tennis Court Y/N: No
  • Guest House: Attached
  • Pool: No
  • Spa Yn: No
  • View: Reservoir
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Garage - 2 Car

Utilities

  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 5404-022-002
  • Geocode Override: No
  • Lot Size Area: 7087

Multi Family

  • Number Of Units: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 16, 2020
Sold by
Moss Carol Medine
Bought by
Medine Nicole Anne
Current Estimated Value
$1,003,716

Purchase Details

Listed on
Mar 30, 2018
Closed on
Apr 12, 2018
Sold by
Fadali Lieselotte
Bought by
Moss Carol Medine and Medine Nicole Anne
Seller's Agent
Konstantine Valissarakos
Nourmand & Associates-HW
Buyer's Agent
Robbie Conley
Compass
List Price
$737,000
Sold Price
$900,000
Premium/Discount to List
$163,000
22.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.46%
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
Medine Nicole Anne -- None Listed On Document
Moss Carol Medine $900,000 Equity Title Company
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/16/2018 04/16/18 Sold $900,000 +22.1% $953 / Sq Ft
04/05/2018 04/05/18 Pending -- -- --
03/30/2018 03/30/18 For Sale $737,000 -- $781 / 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 $3,215 $249,000 $199,000 $50,000
2024 $3,215 $249,000 $199,000 $50,000
2023 $3,598 $281,000 $225,000 $56,000
2022 $4,642 $379,000 $303,000 $76,000
2021 $4,624 $368,000 $294,000 $74,000
2020 $4,089 $323,000 $258,000 $65,000
2019 $10,994 $918,000 $734,400 $183,600
2018 $1,673 $117,056 $78,045 $39,011
2016 $1,596 $112,513 $75,015 $37,498
2015 $1,576 $110,824 $73,889 $36,935
2014 $1,591 $108,654 $72,442 $36,212
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2018

    Konstantine Valissarakos

    Nourmand & Associates-HW

    (323) 252-9451

    1 in this area

    63 Total Sales

    Konstantine Valissarakos
    Section Image
  • Richard Yohon

    Seller Co-Listing Agent in 2018

    Richard Yohon

    Sotheby's International Realty

    (323) 671-2356

    1 in this area

    57 Total Sales

    Richard Yohon
    Section Image

  • R

    Buyer's Agent in 2018

    Robbie Conley

    Compass

    Section Image
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Map

Source: The MLS

MLS Number: 18-328062

The MLS

APN: 5404-022-002

California Los Angeles County Los Angeles 90026 Echo Park

718 Echo Park Ave, Los Angeles, CA

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