NOT LISTED FOR SALE

806 Rosemont Ave Unit 2 Los Angeles, CA 90026

Echo Park Neighborhood

Estimated Value: $806,165 - $1,100,000

4 Beds
2 Baths
1,529 Sq Ft
$600/Sq Ft Est. Value

Last Sold June 14, 2024

Last sale price $830,000 $543 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $5,804/month

12 Days on Market

Highlights

  • Bonus Room
  • Tile Flooring
  • Wall Furnace
  • Corner Lot
  • Chain Link Fence
  • 1-Story Property

About This Home

As of June 2024

Excellent opportunity for investors or owner-users to live in one of the hottest LA markets and the epitome of hipness in Echo Park. Live in one unit and rent out the other for passive income. Situated above the street, this property is comprised of 2 side-by-side identical detached bungalow style houses on one lot, each having their own address. Secured with wrought iron fencing around the property, with separate entrances. Each home consists of 2 bedrooms, and 1 bathroom. Featuring some original details such as built-in cabinets and shelves, each also has a separate enclosed utility porch, which can easily be re-imagined into laundry rooms. Each has been freshly painted on the outside, with one also newly painted on the inside. Ideally located near hot spots like Mohawk Bend, Brite Spot, Wood, The Echoplex, The Thirsty Crow, as well as all of the trendy spots on Sunset. Don't miss this chance to begin your home owning or investment journey in LA's hippest neighborhood.

Last Agent to Sell the Property

Elsa Kim

Arroyo Seco Realty Corp. Brokerage Phone: 323-240-8731 License #00647376 Listed on: 05/11/2024

Arroyo Seco Realty Corp.

Co-Listed By

Jeffrey Hutchens

Arroyo Seco Realty Corp. Brokerage Phone: 323-240-8731 License #01934709

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,120

Year Built

  • Built in 1920

Lot Details

  • 2,999 Sq Ft Lot
  • No Common Walls
  • Chain Link Fence
  • Corner Lot

Home Design

  • Duplex
  • Raised Foundation
  • Shingle Roof
  • Rolled or Hot Mop Roof
  • Stucco

Interior Spaces

  • 1,529 Sq Ft Home
  • 1-Story Property
  • Bonus Room

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Exterior Lighting

Utilities

  • Wall Furnace
  • Sewer Paid

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Legal Lot and Block 28 / 3
  • Tax Tract Number 195
  • Assessor Parcel Number 5402037008
  • $259 per year additional tax assessments

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,200
  • Water Sewer Expense $1,650
  • Operating Expense $2,850

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,120

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Assessments: No
  • Price Per Unit: 442500
  • Property Attached: No
  • Water Sewer Expenses: 1650.00
  • Zoning: LARD3
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 5402037008
  • Year Built: 1920
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Entry Location: ft
  • Common Walls: No Common Walls
  • Flooring: Laminate, Tile
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 542.84
  • Room Type: Bonus Room

Exterior Features

  • Foundation: Raised
  • Fence: Yes
  • Fencing: Chain Link
  • Pool Private: No
  • Roof: Rolled/Hot Mop, Shingle
  • Construction Materials: Stucco

Garage/Parking

  • Parking: No

Utilities

  • Heating: Yes
  • Laundry: No
  • Heating Type: Wall Furnace
  • Sewer: Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 2999.00
  • Lot Size Acres: 0.0688
  • Latitude Manual: 34.07528400

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Average2 Bed Area: 765 Square Feet
  • Insurance Expense: 1200.00
  • Lot Size Area: 2999.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 2850.00
  • Rent Control: Yes
  • Total Actual Rent: 1924.00
  • Total Expenses: 2850.00

Tax Info

  • Tax Block: 3
  • Tax Census Tract: 1957.10
  • Tax Lot: 28
  • Tax Tract Number: 195...
  • TaxOtherAnnualAssessmentAmount: 259.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2024
Closed on
Jun 7, 2024
Sold by
Mirtha Family Living Trust and Apontes Mirtha
Bought by
Ravenfilm and Garlic And Olive Oil
Seller's Agent
Elsa Kim
Arroyo Seco Realty Corp.
List Price
$885,000
Sold Price
$830,000
Premium/Discount to List
-$55,000
-6.21%
Views
15
Current Estimated Value
$917,541

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$87,541
Avg. Annual Appreciation
1.37%

Purchase Details

Closed on
Jun 16, 2022
Sold by
Mirtha Apontes
Bought by
Mirtha Family Living Trust

Purchase Details

Closed on
Mar 3, 2018
Sold by
Vazquez Natalia
Bought by
Vazquez Natalia Ramon De and The Vazquez Family Living Trus

Purchase Details

Closed on
May 20, 1998
Sold by
Matter Ruth H
Bought by
Vazquez Humberto Sixto and Vazquez Natalia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,000
Interest Rate
7.17%
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
Ravenfilm $830,000 California Best Title Company
Mirtha Family Living Trust -- None Listed On Document
Apontes Mirtha -- None Listed On Document
Vazquez Natalia Ramon De -- None Available
Vazquez Humberto Sixto $80,000 Southland Title Corporation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vazquez Humberto Sixto $64,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/14/2024 06/14/24 Sold $830,000 -6.2% $543 / Sq Ft
06/01/2024 06/01/24 For Sale $885,000 0.0% $579 / Sq Ft
05/24/2024 05/24/24 Pending -- -- --
05/11/2024 05/11/24 For Sale $885,000 -- $579 / 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 $10,120 $846,600 $561,000 $285,600
2024 $10,120 $821,916 $619,038 $202,878
2023 $2,726 $205,624 $122,763 $82,861
2022 $2,603 $201,593 $120,356 $81,237
2021 $2,565 $197,642 $117,997 $79,645
2020 $2,586 $195,617 $116,788 $78,829
2019 $2,491 $191,783 $114,499 $77,284
2018 $2,445 $188,023 $112,254 $75,769
2016 $2,324 $180,724 $107,896 $72,828
2015 $2,292 $178,011 $106,276 $71,735
2014 $2,311 $174,525 $104,195 $70,330
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: GD24090590

California Regional Multiple Listing Service (CRMLS)

APN: 5402-037-008