NOT LISTED FOR SALE

Estimated Value: $961,441 - $1,111,000

3 Beds
1 Bath
1,262 Sq Ft
$807/Sq Ft Est. Value

Last Sold March 24, 2017

Last sale price $570,000 $452 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $6,205/month

164 Days on Market

Highlights

  • City Lights View
  • No HOA
  • 1-Story Property
  • Traditional Architecture
  • Cooling Available

About This Home

As of March 2017

A development opportunity in red-hot Echo Park. Currently a 3 bedroom 1 bathroom Single House, Ample parking in the back from the alley. Well located on a coveted street known for its striking views of Downtown LA. Ideal for a home developer and/or an owner-user. The area is active with residential and commercial development including new and recently-refurbished buildings that are adjacent to the subject property. There is a nearby park and trendy businesses including Winsome, Eightfold Coffee and Guisados among other offerings in this desirable section of LA's East side. mere minutes from Downtown LA. R3-Possible to building more units, please check with city prior to submit an offer.

Last Agent to Sell the Property

Tu Phung

IRN REALTY License #00909150 Listed on: 09/27/2016

IRN REALTY

Last Buyer's Agent

Amy Ho

SO. CAL REALTY & MORTGAGE License #01092530

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,028

Year Built

  • Built in 1900

Lot Details

  • 4,761 Sq Ft Lot
  • No Landscaping
  • Property is zoned LAR3

Home Design

  • Traditional Architecture
  • Fixer Upper

Interior Spaces

  • 1,262 Sq Ft Home
  • 1-Story Property
  • City Lights Views

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • 1 Full Bathroom

Parking

  • Parking Available
  • Unpaved Parking

Location

  • Urban Location

Utilities

  • Cooling Available
  • Septic Type Unknown

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 69
  • Assessor Parcel Number 5406026003

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,028

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Attached: No
  • Road Frontage Type: City Street
  • View: Yes
  • Zoning: LAR3
  • Architectural Style: Traditional
  • Property Condition: Fixer
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5406026003
  • Year Built: 1900
  • Special Features: None

Interior Features

  • Living Area: 1262.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 451.66
  • Room Type: All Bedrooms Down

Exterior Features

  • View: City Lights
  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Unpaved

Utilities

  • Sewer: Unknown
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Urban

Schools

  • School District: Call Listing Office

Lot Info

  • Additional Parcels: No
  • Lot Features: No Landscaping
  • Lot Size Sq Ft: 4761.00

Multi Family

  • Lease Considered: No

Tax Info

  • Tax Census Tract: 1977.00
  • Tax Lot: 69
  • Tax Tract Number: 0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 14, 2020
Sold by
Ho Jennifer Truong
Bought by
Ho Jennifer Truong and Ho Amy Xia
Current Estimated Value
$1,018,110

Purchase Details

Listed on
Sep 27, 2016
Closed on
Mar 14, 2017
Sold by
Lieu Henry
Bought by
Ho Jennifer Truong
Seller's Agent
Tu Phung
IRN REALTY
Buyer's Agent
Amy Ho
SO. CAL REALTY & MORTGAGE
List Price
$599,000
Sold Price
$570,000
Premium/Discount to List
-$29,000
-4.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.61%
Original Mortgage
$420,000
Outstanding Balance
$349,950
Interest Rate
4.17%
Mortgage Type
New Conventional
Estimated Equity
$628,282

Purchase Details

Closed on
Nov 26, 1996
Sold by
Lieu Henry F
Bought by
Lieu Him Fook and Lieu Hou Fong
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
Ho Jennifer Truong -- Wfg National Title Company
Ho Jennifer Truong $570,000 Fidelity National Title Co
Lieu Him Fook -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ho Jennifer Truong $420,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/24/2017 03/24/17 Sold $570,000 -4.8% $452 / Sq Ft
03/10/2017 03/10/17 Pending -- -- --
03/07/2017 03/07/17 For Sale $599,000 0.0% $475 / Sq Ft
02/06/2017 02/06/17 Pending -- -- --
09/27/2016 09/27/16 For Sale $599,000 -- $475 / 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 $8,028 $661,528 $529,224 $132,304
2024 $8,028 $648,558 $518,848 $129,710
2023 $7,874 $635,842 $508,675 $127,167
2022 $7,507 $623,375 $498,701 $124,674
2021 $7,415 $611,153 $488,923 $122,230
2020 $7,489 $604,887 $483,910 $120,977
2019 $7,193 $593,027 $474,422 $118,605
2018 $7,136 $581,400 $465,120 $116,280
2016 $593 $36,400 $26,279 $10,121
2015 $587 $35,854 $25,885 $9,969
2014 $598 $35,152 $25,378 $9,774
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS16712754

California Regional Multiple Listing Service (CRMLS)

APN: 5406-026-003