NOT LISTED FOR SALE

806 Merwin St Los Angeles, CA 90026

Echo Park Neighborhood

Estimated Value: $1,578,000 - $2,257,000

4 Beds
3 Baths
3,780 Sq Ft
$521/Sq Ft Est. Value

Last Sold April 01, 2015

Last sale price $1,090,000 $288 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $12,519/month

25 Days on Market

Highlights

  • Central Heating
  • Ceiling Fan
  • Controlled Entrance

About This Home

As of April 2015

!!TURN-KEY ASSET. WITHIN WALKING DISTANCE TO THRIVING SUNSET! NEVER A VACANCY. UNITS ARE TURN-KEY. ALL FEATURE LANDLORD OWNED APPLIANCES. NEWER KITCHENS WITH GRANITE COUNTER TOPS. EACH UNIT WITH ITS OWN LAUNDRY ROOM WITH WASHER/DRYER INCLUDED. CENTRAL AC/HEAT IN EACH UNIT. TOP LEVEL UNITS EACH WITH PRIVATE PATIO. TANKLESS WATER HEATERS! HARDWOOD FLOORS, NEWER STUCCO! NEWER DUAL PANE WINDOWS! NEWER CONCRETE STAIRS, PATIO DECK!!! STREET LEVEL FOUR CAR GARAGE WITH CONTROLLED ENTRY!!HUGE STORAGE!!!!ALL UNITS ARE OCCUPIED!!!!ALL UNITS ARE OCCUPIED!!!RENTS ARE ACTUAL WITH SOME UPSIDE POTENTIAL!!!!!!.MOTIVATED SELLER!! SEE PRIVATE REMARKS FOR CONTACT/ACCESS INFO

Last Agent to Sell the Property

Juan Garcia

JUAN C. GARCIA License #01219026 Listed on: 01/17/2015

Last Buyer's Agent

Earnest Watts

License #01905466

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,865

Year Built

  • Built in 1926

Lot Details

  • 3,998 Sq Ft Lot

Home Design

  • Triplex

Interior Spaces

  • 3,780 Sq Ft Home
  • Ceiling Fan
  • Dryer

Kitchen

  • Oven or Range
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Parking

  • 4 Parking Spaces
  • Covered Parking
  • Parking Deck
  • Controlled Entrance

Utilities

  • Central Heating
  • Heat Pump System

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 5402-021-034

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,865

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 3780
  • Year Built: 1926
  • Number Of Photos: 25
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 4
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Ceiling Fan, Dryer, Garbage Disposal, Gas Dryer Hookup, Gas Or Electric Dryer Hookup, Range/Oven
  • Price Per S Q F T: 289.68

Exterior Features

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

Garage/Parking

  • Parking Garage: Controlled Entrance, Covered Parking, Deck(s)
  • Total Parking: 4

Utilities

  • Cooling: Heat Pump(s)
  • Heating: Central, Heat Pump

Lot Info

  • Assessed Improvement Value: 210953
  • Assessed Land Value: 285289
  • Assessor Parcel Number: 5402-021-034
  • Geocode Override: No
  • Lot Size Area: 3998

Rental Info

  • Land Lease Type: Fee

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 14.00
  • Number Of Units: 3
  • Total Annual Expense: 43175
  • Type Of Units: TRIPLEX
  • Vacancy Rate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 19, 2021
Sold by
Cheung Ray Tsang and Liu Stella Sin
Bought by
Cheung Ray Tsang and Liu Stella Sin
Current Estimated Value
$2,054,949

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$698,099
Outstanding Balance
$632,159
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$1,335,537

Purchase Details

Closed on
Dec 18, 2019
Sold by
Cheung Ray Tsang and Liu Stella Sin May
Bought by
Cheung Ray Tsang and Liu Stella Sin May

Purchase Details

Listed on
Jan 17, 2015
Closed on
Mar 26, 2015
Sold by
Cheung Tsang and Liu Stella Sin May
Bought by
Cheung Tsang and Liu Stella Sin May
Seller's Agent
Juan Garcia
JUAN C. GARCIA
Buyer's Agent
Earnest Watts
List Price
$1,179,000
Sold Price
$1,090,000
Premium/Discount to List
-$89,000
-7.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.86%
Original Mortgage
$763,000
Interest Rate
3.71%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 17, 2015
Closed on
Feb 20, 2015
Sold by
Garcia Juan Carlos and Rodriquez Sandra V
Bought by
Cheung Tsang and Liu Stella Sin May
Seller's Agent
Juan Garcia
JUAN C. GARCIA
Buyer's Agent
Earnest Watts
List Price
$1,179,000
Sold Price
$1,090,000
Premium/Discount to List
-$89,000
-7.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$763,000
Interest Rate
3.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 14, 2013
Sold by
Garcia Juan Carlos
Bought by
Garcia Juan Carlos and Rodriguez Sandra V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$365,000
Interest Rate
4.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 3, 2012
Sold by
Woo Chadwick and Woo Gloria F
Bought by
Garcia Juan Carlos

Purchase Details

Closed on
Oct 3, 2011
Sold by
Woo Chadwick and Woo Gloria F
Bought by
Woo Chadwick and Woo Gloria F
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
Cheung Ray Tsang -- Radian Settlement Services
Cheung Ray Tsang -- Old Republic Title
Cheung Ray Tsang -- First American Title Ins Co
Cheung Tsang -- Accommodation
Cheung Tsang $1,090,000 Lawyers Title
Garcia Juan Carlos -- Netco Title Company
Garcia Juan Carlos $200,002 Lawyers Title Company
Garcia Juan Carlos -- Lawyers Title Company
Woo Chadwick -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cheung Ray Tsang $698,099
Closed Cheung Tsang $763,000
Previous Owner Garcia Juan Carlos $365,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/01/2015 04/01/15 Sold $1,090,000 -7.5% $288 / Sq Ft
02/11/2015 02/11/15 Pending -- -- --
01/17/2015 01/17/15 For Sale $1,179,000 -- $312 / 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 $15,865 $1,310,006 $961,476 $348,530
2024 $15,865 $1,284,321 $942,624 $341,697
2023 $15,559 $1,259,140 $924,142 $334,998
2022 $14,836 $1,234,452 $906,022 $328,430
2021 $14,643 $1,210,248 $888,257 $321,991
2020 $14,790 $1,197,840 $879,150 $318,690
2019 $14,205 $1,174,354 $861,912 $312,442
2018 $14,139 $1,151,328 $845,012 $306,316
2016 $13,498 $1,106,622 $812,200 $294,422
2015 $6,342 $506,156 $290,989 $215,167
2014 $6,378 $496,242 $285,289 $210,953
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2015

    Juan Garcia

    JUAN C. GARCIA

  • E

    Buyer's Agent in 2015

    Earnest Watts

See All Agents

Map

Source: The MLS

MLS Number: 15-820247

The MLS

APN: 5402-021-034

California Los Angeles County Los Angeles 90026 Echo Park

806 Merwin St, Los Angeles, CA

This home is located at 806 Merwin St, Los Angeles, CA 90026 since 17 January 2015 and is currently estimated at $1,967,696, approximately $520 per square foot. This property was built in 1926. 806 Merwin St 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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