NOT LISTED FOR SALE

Estimated Value: $1,362,000 - $1,628,000

8 Beds
5 Baths
3,377 Sq Ft
$445/Sq Ft Est. Value

Last Sold June 26, 2024

Last sale price $1,500,000 $444 Per Sq Ft

Current estimated payment $9,340/month

33 Days on Market

Highlights

  • Attached Garage
  • Shed
  • Central Heating and Cooling System

About This Home

As of June 2024

Discover urban living at its finest in this meticulously maintained and thoughtfully upgraded 4-unit gem that exudes pride of ownership at every turn. Nestled within the coveted neighborhood of Angelino Heights. This rare find is tucked away on a tranquil street, yet centrally located amidst the vibrant pulse of city life. 961 East Edgeware offers the best of both worlds. This great property offers the savvy investor plenty of upside while also being perfectly suited for an owner-user seeking both a residence and an investment. 961 East Edgeware presents an ideal opportunity to live in one unit while effortlessly generating income from the others. Imagine the convenience of residing in the meticulously upgraded, second-floor, 2 bed/1 bath unit (DELIVERED VACANT) while capitalizing on rental income from the remaining dwellings. Boasting proximity to iconic landmarks like Echo Park Lake and Dodger Stadium, as well as a delightful array of culinary delights, coffee havens, and boutique finds, convenience is simply a stroll away. Seize the chance to own a piece of Angelino Heights charm, where serenity meets urban allure and every convenience is within reach. Don't miss your chance to make this exceptional property your new home or to add this rare opportunity to your investment portfolio!

Last Agent to Sell the Property

Richard Wilkinson

Compass License #01812487 Listed on: 05/04/2024

Compass

Last Buyer's Agent

Christina Felix

Flyhomes License #01975049

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,998

Year Built

  • Built in 1977

Lot Details

  • 7,911

Home Design

  • 3,377 Sq Ft Home
  • Split Level Home

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 5 Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Attached Garage
  • Driveway

Utilities

  • Central Heating and Cooling System
  • Cooling System Mounted In Outer Wall Opening
  • Window Unit Cooling System
  • Heating System Mounted To A Wall or Window

Additional Features

  • Shed
  • 7,911 Sq Ft Lot

Community Details

  • 2 Buildings
  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 5405-018-017

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,998

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: Multi/Split
  • Street Number Display: Yes
  • Living Area: 3377
  • Lot Acreage: 0.1816
  • Year Built: 1977
  • Number Of Photos: 57
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 8
  • Total Bathrooms: 5.00
  • Equipment: Range/Oven, Refrigerator, Dishwasher, Dryer, Washer, Microwave
  • Price Per S Q F T: 458.99

Exterior Features

  • Other Structures: Shed(s)

Garage/Parking

  • Parking Garage: Garage - 2 Car, Attached, Driveway - Concrete

Utilities

  • Cooling: Central, Window Unit(s), Wall Unit(s)
  • Heating: Central, Wall

Lot Info

  • Assessed Improvement Percent: 37.78
  • Assessed Improvement Value: 474093
  • Assessed Land Percent: 62.22
  • Assessed Land Value: 780861
  • Total Assessed Value: 1254954
  • Assessor Parcel Number: 5405-018-017
  • Lot Size Area: 7911

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Number Of Units: 4
  • Total Annual Expense: 0
  • Type Of Units: Rental
  • Vacancy Rate: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2024
Closed on
Jun 19, 2024
Sold by
961 East Edgeware Road Llc
Bought by
Pugh Brandon Omar
Seller's Agent
Richard Wilkinson
Compass
Buyer's Agent
Christina Felix
Flyhomes
List Price
$1,550,000
Sold Price
$1,500,000
Premium/Discount to List
-$50,000
-3.23%
Views
21
Current Estimated Value
$1,502,906

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,906
Avg. Annual Appreciation
-0.70%
Original Mortgage
$1,350,000
Outstanding Balance
$1,335,157
Interest Rate
7.02%
Mortgage Type
New Conventional
Estimated Equity
$152,075

Purchase Details

Closed on
Mar 10, 2017
Sold by
Mills Richard F and Mills Janice J
Bought by
961 East Edgeware Road Llc

Purchase Details

Closed on
Oct 6, 2016
Sold by
Mwt Exchange Accommodator 34441 Llc
Bought by
Mills Richard F and Mills Janice J
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
Pugh Brandon Omar $1,500,000 Chicago Title Company
961 East Edgeware Road Llc -- None Available
Mills Richard F -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pugh Brandon Omar $1,350,000
Previous Owner Ahumada Sonia M $96,245
Previous Owner Ahumada Ruben B $660,000
Previous Owner Ahumada Ruben B $420,000
Previous Owner Ahumada Ruben B $266,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2024 06/26/24 Sold $1,500,000 -3.2% $444 / Sq Ft
06/06/2024 06/06/24 Pending -- -- --
05/04/2024 05/04/24 For Sale $1,550,000 +37.8% $459 / Sq Ft
05/24/2016 05/24/16 Sold $1,125,000 -13.5% $333 / Sq Ft
04/17/2016 04/17/16 Pending -- -- --
04/01/2016 04/01/16 For Sale $1,300,000 -- $385 / 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 $15,998 $1,530,000 $816,000 $714,000
2024 $15,998 $1,280,052 $796,478 $483,574
2023 $15,693 $1,254,954 $780,861 $474,093
2022 $14,973 $1,230,348 $765,550 $464,798
2021 $14,783 $1,206,225 $750,540 $455,685
2019 $14,347 $1,171,250 $728,280 $442,970
2018 $14,178 $1,148,300 $714,000 $434,300
2016 $2,349 $163,629 $33,728 $129,901
2015 $2,320 $161,172 $33,222 $127,950
2014 $2,356 $158,016 $32,572 $125,444
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 24-388105

The MLS

APN: 5405-018-017