NOT LISTED FOR SALE

Estimated Value: $1,273,000 - $2,693,000

6 Beds
4.5 Baths
3,644 Sq Ft
$528/Sq Ft Est. Value

Last Sold July 25, 2014

Last sale price $1,450,000 $398 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $11,144/month

10 Days on Market

Highlights

  • Victorian Architecture
  • Central Heating and Cooling System
  • Electric Fireplace
  • Built-In Features
  • Ceiling Fan

About This Home

As of July 2014

Two spacious, immaculate, completely renovated 2 story houses on one large lot in hip hot Echo Park's coveted historic Angelino Heights neighborhood. Both were lovingly restored from the ground up, preserving their integrity and charm while upgrading systems and tastefully blending modern finishes. 849 is a 3 bed/2.5 bath chock full of character details like gorgeous original hardwood floors throughout, pocket doors, a claw foot tub and built ins. The master suite boasts a walk out balcony and 2 walk-in closets. There's also a large patio deck perfect for entertaining. 847 is a 3 bed/2 bath with an additional bonus room, large walk out balcony and useable attic. Both houses have private front yards and private entrances, central air & heat, basements great for extra storage, and they share 3 garages. 849 is vacant and easy to show. Amazing opportunity for owner/user with fantastic rental income. Don't miss this exceptional deal! Offers due Thursday 6/12 at 5:00 pm.

Last Agent to Sell the Property

Nicole Sohn

Urbanite Inc. License #01376287 Listed on: 06/03/2014

Last Buyer's Agent

Russell Roney

Keller Williams Larchmont License #01789873

Keller Williams Larchmont

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,810

Year Built

  • Built in 1904

Lot Details

  • 7,955

Parking

  • 3 Car Garage

Home Design

  • Victorian Architecture

Interior Spaces

  • 3,644 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Ceiling Fan
  • Decorative Fireplace
  • Electric Fireplace
  • Dishwasher

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4.5 Bathrooms

Additional Features

  • 7,955 Sq Ft Lot
  • Central Heating and Cooling System

Community Details

  • 3 Buildings
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 5405-020-019

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,810

Year Built

Built in 1904

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential Income
  • Style: Victorian
  • Street Number Display: Yes
  • Living Area: 3644
  • Stories: 2
  • Year Built: 1904
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace Rooms: Decorative, Electric
  • Bedrooms: 6
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 4.50
  • Den: 0
  • Equipment: Built-Ins, Ceiling Fan, Dishwasher, Refrigerator
  • Price Per S Q F T: 383.92

Exterior Features

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

Garage/Parking

  • Garage Spaces: 3
  • Parking Garage: Garage - 3 Car
  • Total Parking: 3

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Assessed Improvement Value: 214838
  • Assessed Land Value: 550914
  • Assessor Parcel Number: 5405-020-019
  • Geocode Override: No
  • Lot Size Area: 7955

Multi Family

  • Unit Type: 2106, 2107
  • Number Of Units: 2
  • Total Annual Expense: 0
  • Type Of Units: houses
  • Vacancy Rate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 8, 2021
Sold by
Chang Steven and Chang Nelrose Chandler
Bought by
Chang Steven and Chang Nelrose Chandler
Current Estimated Value
$1,925,404

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,099,000
Outstanding Balance
$1,004,358
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$844,769

Purchase Details

Closed on
Apr 17, 2020
Sold by
Chang Steven and Chang Nelrose Chandler
Bought by
Chang Steven and Chang Nelrose Chandler

Purchase Details

Listed on
Jun 3, 2014
Closed on
Jun 17, 2014
Sold by
Alvarado Richard A and Alvarado Yansum
Bought by
Chandler Chang Steven and Chandler Chang Nelrose
Seller's Agent
Nicole Sohn
Urbanite Inc.
Buyer's Agent
Russell Roney
Keller Williams Larchmont
List Price
$1,399,000
Sold Price
$1,450,000
Premium/Discount to List
$51,000
3.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.21%
Original Mortgage
$1,160,000
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 6, 2011
Sold by
Alvarado Richard A and Alvarado Yan Sum
Bought by
Alvarado Richard A and Alvarado Yan Sum

Purchase Details

Closed on
Oct 22, 2010
Sold by
Alvarado Richard A and Alvarado Yan S
Bought by
Alvarado Richard A and Alvarado Yan Sum

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$525,000
Interest Rate
4.33%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 13, 2008
Sold by
Leung Samuel
Bought by
Alvarado Yan Sum and Alvarado Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$472,000
Interest Rate
5.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 11, 2008
Sold by
Alvarado Yan Sum
Bought by
Alvarado Yan Sum and Alvarado Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$472,000
Interest Rate
5.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 20, 2004
Sold by
Leung Samuel and Alvarado Yan Sum
Bought by
Leung Samuel and Alvarado Yan Sum

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,000
Interest Rate
5.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 30, 2003
Sold by
Leung Samuel
Bought by
Leung Samuel and Alvarado Yan Sum

Purchase Details

Closed on
Aug 18, 1999
Sold by
Family Trust Cano Philip U And Elena N Trs Ca
Bought by
Leung Samuel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,420
Interest Rate
7.77%
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
Chang Steven -- Accommodation
Chang Steven -- Chicago Title Company
Chang Steven -- None Available
Chandler Chang Steven $1,450,000 None Available
Alvarado Richard A -- None Available
Alvarado Richard A -- Accommodation
Alvarado Richard A -- Fidelity Van Nuys
Alvarado Yan Sum -- Southland Title
Alvarado Yan Sum -- Southland Title
Leung Samuel -- Commonwealth Land Title Co
Alvarado Yan Sum -- Commonwealth Land Title Co
Leung Samuel -- --
Leung Samuel $186,000 Old Republic Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chang Steven $1,099,000
Closed Chang Steven $1,090,000
Closed Chang Steven $57,000
Closed Chang Steven $1,100,000
Closed Chandler Chang Steven $1,160,000
Previous Owner Alvarado Richard A $525,000
Previous Owner Alvarado Richard $533,500
Previous Owner Alvarado Yan Sum $472,000
Previous Owner Alvarado Yan Sum $472,000
Previous Owner Leung Samuel $272,000
Previous Owner Leung Samuel $180,420
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/25/2014 07/25/14 Sold $1,450,000 +3.6% $398 / Sq Ft
06/13/2014 06/13/14 Pending -- -- --
06/03/2014 06/03/14 For Sale $1,399,000 -- $384 / 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 $8,810 $702,000 $491,000 $211,000
2024 $8,810 $702,000 $491,000 $211,000
2023 $9,468 $757,000 $530,000 $227,000
2022 $13,017 $1,084,000 $759,000 $325,000
2021 $12,611 $1,043,000 $730,000 $313,000
2020 $11,040 $891,000 $624,000 $267,000
2019 $10,506 $865,000 $605,000 $260,000
2018 $10,692 $874,000 $612,000 $262,000
2016 $9,918 $817,000 $571,900 $245,100
2015 $17,464 $1,450,000 $1,015,000 $435,000
2014 $9,570 $769,228 $553,415 $215,813
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 14-766429

The MLS

APN: 5405-020-019