NOT LISTED FOR SALE

989 Marview Ave Los Angeles, CA 90012

Echo Park Neighborhood

Estimated Value: $1,193,000 - $1,467,000

4 Beds
4 Baths
2,502 Sq Ft
$530/Sq Ft Est. Value

Last Sold July 16, 2015

Last sale price $675,000 $270 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $7,862/month

Highlights

  • City Lights View
  • Corner Lot
  • Private Yard
  • Traditional Architecture

About This Home

As of July 2015

4 unit fixer centrally located in Angeleno Heights, a prime location between Dodger Stadium, Chinatown, Echo Park and Downtown LA. Lots of potential for this property! Four 1 bedroom/1 bath units in two separate buildings. Front building is a Spanish style built in 1925 and rear building is a traditional built at a later date. Set high on a hill, dramatic views of downtown LA. Long terms tenants.

Last Agent to Sell the Property

Ted Clark

COMPASS License #01074290 Listed on: 04/26/2015

COMPASS

Co-Listed By

Heather Lillard

COMPASS License #01892752

Last Buyer's Agent

PFNon-Member Default

ITECH MLS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,901

Year Built

  • Built in 1925

Lot Details

  • 5,662 Sq Ft Lot
  • Corner Lot
  • Private Yard

Parking

  • 2 Car Garage
  • Parking Available
  • Uncovered Parking
  • Parking Lot

Property Views

  • City Lights Views

Home Design

  • Traditional Architecture
  • Spanish Architecture
  • Split Level Home
  • Fixer Upper
  • Flat Roof Shape
  • Asphalt Roof
  • Stucco

Community Details

  • Not Applicable 1007242 Subdivision
  • Gross Income $2

Listing and Financial Details

  • Assessor Parcel Number 5406017001

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,901

Year Built

Built in 1925

Lot Details

0

Parking

2

Listing Details

  • Subdivision Name Other: Not Applicable - 1007242
  • View: Yes
  • Zoning: LAR3
  • Architectural Style: Traditional, Spanish
  • Property Condition: Fixer
  • Property Type: Residential Income
  • Parcel Number: 5406017001
  • Year Built: 1925
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Entry Location: Ground Level w/Steps
  • Levels: Multi/Split

Exterior Features

  • View: City Lights
  • Roof: Flat, Asphalt
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Parking Space, Uncovered, Covered
  • Total Parking Spaces: 2.00

Condo/Co-op/Association

  • Community Features: Curbs

Green Features

  • Green Location: Transportation

Lot Info

  • Lot Features: Corner Lot, Yard
  • Lot Size Sq Ft: 5662.00

Multi Family

  • Gross Operating Income: 2.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 14, 2017
Sold by
Pacif
Bought by
Marvi
Current Estimated Value
$1,327,150

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
4.03%

Purchase Details

Listed on
Apr 26, 2015
Closed on
Jul 13, 2015
Sold by
Torres Patricia L and Torres Living Trust
Bought by
123 Ramona Llc
Seller's Agent
Ted Clark
COMPASS
Buyer's Agent
PFNon-Member Default
ITECH MLS
List Price
$675,000
Sold Price
$675,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.81%
Original Mortgage
$570,000
Interest Rate
3.85%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 17, 1996
Sold by
Torres Victor J and Torres Lupe P
Bought by
Torres Victor Jose and Torres Lupe Pacheco
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Marvi -- --
123 Ramona Llc $675,000 Lawyers Title
Torres Victor Jose -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Marvi --
Previous Owner 123 Ramona Llc $570,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/16/2015 07/16/15 Sold $675,000 0.0% $270 / Sq Ft
06/15/2015 06/15/15 Pending -- -- --
04/26/2015 04/26/15 For Sale $675,000 -- $270 / 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 $9,901 $799,058 $591,896 $207,162
2024 $9,901 $783,391 $580,291 $203,100
2023 $9,714 $768,031 $568,913 $199,118
2022 $9,271 $752,972 $557,758 $195,214
2021 $9,202 $738,209 $546,822 $191,387
2019 $8,884 $716,315 $530,604 $185,711
2018 $8,773 $702,270 $520,200 $182,070
2016 $8,378 $675,000 $500,000 $175,000
2015 $1,164 $69,716 $29,963 $39,753
2014 -- $68,352 $29,377 $38,975
Source: Public Records

Agents Affiliated with this Home

  • Ted Clark

    Seller's Agent in 2015

    Ted Clark

    COMPASS

    (626) 817-2123

    86 Total Sales

    Ted Clark
    Section Image
  • Heather Lillard

    Seller Co-Listing Agent in 2015

    Heather Lillard

    COMPASS

    (323) 363-3610

    84 Total Sales

    Heather Lillard
    Section Image

  • P

    Buyer's Agent in 2015

    PFNon-Member Default

    ITECH MLS

See All Agents

Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P0-315003983

Pasadena-Foothills Association of REALTORS®

APN: 5406-017-001

California Los Angeles County Los Angeles 90012 Echo Park

989 Marview Ave, Los Angeles, CA

This home is located at 989 Marview Ave, Los Angeles, CA 90012 since 26 April 2015 and is currently estimated at $1,327,150, approximately $530 per square foot. This property was built in 1925. 989 Marview Ave is a home located in Los Angeles County with nearby schools including Castelar Elementary School, Florence Nightingale Middle, and Ramón C. Cortines School of Visual and Performing Arts.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Pasadena-Foothills Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes