NOT LISTED FOR SALE

946 E Edgeware Rd Los Angeles, CA 90026

Echo Park Neighborhood

Estimated Value: $1,654,000 - $2,512,000

6 Beds
7 Baths
2,930 Sq Ft
$665/Sq Ft Est. Value

Last Sold August 21, 2015

Last sale price $1,258,000 $429 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $11,740/month

7 Days on Market

Highlights

  • Primary Bedroom Suite
  • Air Conditioning
  • Gas Fireplace
  • Granite Countertops
  • Granite Bathroom Countertops

About This Home

As of August 2015

Built in 2005, 946 E. Edgeware Road, is a non-rent control modern duplex in historic Angelino Heights. From the gated front entry, there is a sitting area with nicely planted greenery, the perfect setting to take in the breeze. Each two level 3Br + 3.5 Ba apartment home is over 1,400 SF each. The kitchen features beautiful granite counters. Each suite-like bedroom has its own private bathroom featuring Italian tiles and granite counters. Highlights also include fireplaces, central air, washer/dryer nooks, and dining room space. Providing plenty of parking on site, each unit has a 2 car garage and space for additional cars. The property is separately metered for gas, electricity, and water. One of the apartment homes is currently owner occupied which makes this property ideal for an owner/user or investor. Ideally situated in a central location close to the Echo Park Lake, this duplex is perched in the hills of highly coveted Angelino Heights where you can take in the views of DTLA!

Last Agent to Sell the Property

Robyn Bolden

Forward Inglewood, Inc. License #01941643 Listed on: 06/29/2015

Co-Listed By

Charlie Coronado

Compass License #01723306

Last Buyer's Agent

Peter Maurice

Rodeo Realty License #01129738

Rodeo Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2005

Lot Details

  • 4,106

Parking

  • 4 Car Garage

Interior Spaces

  • 2,930 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Alarm System

Kitchen

  • Oven or Range
  • Dishwasher
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary Bedroom Suite
  • 7 Bathrooms
  • Granite Bathroom Countertops

Laundry

  • Laundry in unit
  • Washer

Additional Features

  • 4,106 Sq Ft Lot
  • Air Conditioning

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 5405-020-003

Property Details

Home Type

Multi-Family

Year Built

Built in 2005

Lot Details

4,106 Sq Ft Lot

Parking

4

Listing Details

  • Property Type: Residential Income
  • Levels: Two
  • Street Number Display: Yes
  • Living Area: 2930
  • Stories: 2
  • Year Built: 2005
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace Rooms: Gas
  • Bedrooms: 6
  • Bedroom Features: Master Suite
  • Bathroom Features: Granite
  • Kitchen Features: Granite Counters
  • Laundry: In Unit
  • Total Bathrooms: 7.00
  • Equipment: Alarm System, Dishwasher, Garbage Disposal, Range/Oven, Washer
  • Price Per S Q F T: 436.86

Exterior Features

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

Garage/Parking

  • Garage Spaces: 4
  • Covered Parking: 4
  • Garage Structures: 2
  • Parking Garage: Garage - 2 Car
  • Total Parking: 4

Utilities

  • Cooling: Air Conditioning

Fee Information

  • Insurance Expense: 1465.00
  • Maintenance Expense: 1000.00

Lot Info

  • Assessed Improvement Value: 253352
  • Assessed Land Value: 31965
  • Assessor Parcel Number: 5405-020-003
  • Geocode Override: No
  • Lot Size Area: 4106

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 17.50
  • Number Of Units: 2
  • Rent Control: 0
  • Type Of Units: 3 Br

Tax Info

  • Tax Expense: 16000.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 29, 2015
Closed on
Jul 8, 2015
Sold by
Cota Carlos
Bought by
The Pringus Property Llc
Seller's Agent
Robyn Bolden
Forward Inglewood, Inc.
Buyer's Agent
Peter Maurice
Rodeo Realty
List Price
$1,280,000
Sold Price
$1,258,000
Premium/Discount to List
-$22,000
-1.72%
Current Estimated Value
$1,948,496

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$690,496
Avg. Annual Appreciation
4.22%
Original Mortgage
$640,000
Outstanding Balance
$500,945
Interest Rate
3.97%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,447,551

Purchase Details

Closed on
Mar 13, 2000
Sold by
Trust Wall Felicitas Tr Felicitas Wall F
Bought by
Cota Carlos
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
The Pringus Property Llc $1,258,000 Lawyers Title
Cota Carlos $25,500 Equity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open The Pringus Property Llc $640,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/21/2015 08/21/15 Sold $1,258,000 -1.7% $429 / Sq Ft
07/06/2015 07/06/15 Pending -- -- --
06/29/2015 06/29/15 For Sale $1,280,000 -- $437 / Sq Ft
Source: The MLS

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 $17,896 $1,489,210 $1,112,766 $376,444
2024 $17,896 $1,460,011 $1,090,948 $369,063
2023 $17,548 $1,431,384 $1,069,557 $361,827
2022 $16,729 $1,403,319 $1,048,586 $354,733
2021 $16,519 $1,375,804 $1,028,026 $347,778
2019 $16,023 $1,334,998 $997,535 $337,463
2018 $15,953 $1,308,823 $977,976 $330,847
2016 $15,245 $1,258,000 $940,000 $318,000
2015 $3,720 $291,016 $32,603 $258,413
2014 $3,744 $285,317 $31,965 $253,352
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2015

    Robyn Bolden

    Forward Inglewood, Inc.

    Section Image
  • Charlie Coronado

    Seller Co-Listing Agent in 2015

    Charlie Coronado

    Compass

    (323) 841-2911

    40 Total Sales

    Charlie Coronado
    Section Image
  • Peter Maurice

    Buyer's Agent in 2015

    Peter Maurice

    Rodeo Realty

    (310) 281-3950

    128 Total Sales

    Peter Maurice
    Section Image
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Map

Source: The MLS

MLS Number: 15-918775

The MLS

APN: 5405-020-003

California Los Angeles County Los Angeles 90026 Echo Park

946 E Edgeware Rd, Los Angeles, CA

Not Listed for Sale

MultiFamily

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