NOT LISTED FOR SALE

Estimated Value: $1,173,000 - $1,682,000

8 Beds
6 Baths
4,304 Sq Ft
$326/Sq Ft Est. Value

Last Sold November 20, 2017

Last sale price $1,030,000 $239 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $8,700/month

About This Home

As of November 2017

Rare R3 investment opportunity. Great location and nice residential street in Echo Park area. Views of DTLA city scape, convenient to Civic Center, Dodger Stadium, Chinatown, Little Tokyo, Echo Park Lake, hiking in Elysian Park. Close to 110 and 101 Frwy.

Last Agent to Sell the Property

Lorraine Wong

Berkshire Hathaway Home Servic License #01512741 Listed on: 09/12/2017

Berkshire Hathaway Home Servic

Last Buyer's Agent

Lorraine Wong

Berkshire Hathaway Home Servic License #01512741 Listed on: 09/12/2017

Berkshire Hathaway Home Servic

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,765

Year Built

  • Built in 1890

Lot Details

  • 5,581 Sq Ft Lot
  • Land Lease

Home Design

  • Property Attached

Interior Spaces

  • 2-Story Property

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 6 Bathrooms

Listing and Financial Details

  • Assessor Parcel Number 5406027015

Community Details

Overview

  • 6 Units

Building Details

  • 6 Leased Units
  • 6 Separate Electric Meters
  • 6 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $10,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,765

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Subdivision Name Other: Not Applicable - 1007242
  • Zoning: LAR3
  • Property Type: Residential Income
  • Parcel Number: 5406027015
  • Year Built: 1890
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Levels: Two

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: Yes
  • Lot Size Sq Ft: 5581.00
  • Lot Size Acres: 0.1300

Multi Family

  • Gross Operating Income: 10000.00
  • Lot Size Area: 5581.0000 Square Feet
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 6
  • Number Of Units Total: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 2017
Closed on
Nov 9, 2017
Sold by
Matias Theresa and The Daisy Ellis 2012 Irrevocab
Bought by
817 Centennial Llc
Seller's Agent
Lorraine Wong
Berkshire Hathaway Home Servic
Buyer's Agent
Lorraine Wong
Berkshire Hathaway HomeServices California Properties
List Price
$1,050,000
Sold Price
$1,030,000
Premium/Discount to List
-$20,000
-1.9%
Current Estimated Value
$1,401,950

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$371,950
Avg. Annual Appreciation
3.55%

Purchase Details

Closed on
May 29, 2013
Sold by
Yip Edward
Bought by
Yip Edward and The Edward Yip Living Trust

Purchase Details

Closed on
Apr 4, 2013
Sold by
Yip Pauline
Bought by
Yip Edward

Purchase Details

Closed on
Dec 8, 2012
Sold by
Ellis Daisy
Bought by
Matias Theresa and Daisy Ellis 2012 Irrevocable T

Purchase Details

Closed on
Nov 26, 2012
Sold by
Yip Edward and Billy C Yip Living Trust
Bought by
Yip Morris and Ellis Daisy

Purchase Details

Closed on
Oct 17, 2000
Sold by
Yip Billy C
Bought by
Yip Edward and Billy C Yip Living Trust

Purchase Details

Closed on
Aug 3, 1992
Sold by
Ellis Daisy and Matias Daisy Y
Bought by
Ellis Daisy and Daisy Ellis Living Trust
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
817 Centennial Llc $1,030,000 Fidelity National Title Co
Yip Edward -- None Available
Yip Edward -- None Available
Matias Theresa -- None Available
Ellis Daisy -- None Available
Yip Morris -- None Available
Yip Edward -- --
Ellis Daisy -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/20/2017 11/20/17 Sold $1,030,000 -1.9% $239 / Sq Ft
11/19/2017 11/19/17 Pending -- -- --
09/12/2017 09/12/17 For Sale $1,050,000 -- $244 / Sq Ft
Source: Pasadena-Foothills Association of REALTORS®

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 $14,765 $1,171,959 $796,478 $375,481
2024 $14,765 $1,148,980 $780,861 $368,119
2023 $14,491 $1,126,451 $765,550 $360,901
2022 $13,843 $1,104,365 $750,540 $353,825
2021 $13,663 $1,082,712 $735,824 $346,888
2019 $13,282 $1,050,600 $714,000 $336,600
2018 $13,155 $1,030,000 $700,000 $330,000
2017 $1,668 $73,879 $33,345 $40,534
2016 $1,585 $72,432 $32,692 $39,740
2015 $1,572 $71,345 $32,201 $39,144
2014 $1,618 $69,949 $31,571 $38,378
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P0-817001821

Pasadena-Foothills Association of REALTORS®

APN: 5406-027-015