NOT LISTED FOR SALE

Estimated Value: $1,085,000 - $1,774,000

4 Beds
5 Baths
2,194 Sq Ft
$671/Sq Ft Est. Value

Sale Details

Date Sold: May 16, 2014

Last sale price $773,000 $352 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $8,894 / mo

55 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Contemporary Architecture
  • Corner Lot
  • Gated Parking
  • Retreat
  • Lawn

About This Home

As of May 2014

HURRY AND LET YOUR BUYER TAKE ADVANTAGE OF THIS BEAUTIFUL INVESTMENT: TWO SEPARATE HOUSES ON A CORNER LOT! THE 2 BR HOME BUILT 1950 HAS BEEN REMODELED INSIDE WITH A RUMPUS ROOM DOWNSTAIRS. (READ PRIVATE REMARKS) THE 4BD HOUSE IS NEWER (BUILT 1995) IDEAL FOR OWNER. & COMPLETELY REMODELED BUYER CAN LIVE IN ONE & RENT THE OTHER. HOMES ARE LOCATED IN ANGELINO HEIGHTS (ECHO PARK) NEAR A BEAUTIFUL LAKE WITH FOUNTAIN.. JUST OFF SUNSET BLVD A BUS DRIVE TO HOLLYWOOD AND QUICK TRIP TO DOWNTOWN L.A. SITUATED IN MIDDLE OF EVERYTHING. NEAR 2 FREEWAYS & HGY 101, 8 MINUTES TO UNION STATION, LOTS OF SHOPS & DODGER STADIUM. BALCONY'S IN BOTH HOUSES. VIEWS OF CITY LIGHTS, HILLS AND HOLLYWOOD SIGN. BOTH HOUSES ARE SURROUNDED BY A BLACK WROUGHT-IRON FENCE WITH ELECTRICAL CONTROL (CLICKER) AT THE MAIN PARKING LOT. 1206 Laveta square feet is 1330 and the 1200 Laveta right now is 864 SF with the remodeling will add 306 more square Feet.

Last Agent to Sell the Property

Bryce Wheeler

Bryce Wheelen Realty Listed on: 01/16/2014

Last Buyer's Agent

Ed Faktorovich

Figure 8 Realty License #01401897

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1994 | Remodeled

Lot Details

  • 4,713 Sq Ft Lot
  • Fenced
  • Landscaped
  • Corner Lot
  • Sprinkler System
  • Lawn

Home Design

  • Duplex
  • Contemporary Architecture
  • Block Foundation
  • Tile Roof
  • Composition Roof
  • Stucco
  • Stone

Interior Spaces

  • 2,194 Sq Ft Home
  • 2-Story Property
  • Crown Molding
  • Ceiling Fan
  • Greenhouse Windows
  • Partial Basement

Kitchen

  • Self-Cleaning Oven
  • Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Retreat
  • All Bedrooms Down
  • Remodeled Bathroom
  • 5 Bathrooms
  • Bathtub with Shower

Parking

  • 7 Open Parking Spaces
  • 7 Parking Spaces
  • Gated Parking

Outdoor Features

  • Balcony
  • Rain Gutters
  • Front Porch

Location

  • City Lot

Utilities

  • Heating System Mounted To A Wall or Window
  • Sewer in Street
  • Cable TV Available

Listing and Financial Details

  • The owner pays for electricity, gardener, gas, water
  • Assessor Parcel Number 5405-001-031

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • Rent Control

Property Details

Home Type

Multi-Family

Year Built

Built in 1994 | Remodeled

Lot Details

4,713 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Style: Contemporary Mediterranean
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Alley: No
  • Entry Location: Ground Level w/steps
  • Living Area: 2194
  • Property Condition: Updated/Remodeled
  • Stories: 2
  • Year Built: 1994
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Basement - Partial, Crown Moldings, Drywall Walls
  • Number Dishwasher: 2
  • Number Disposal: 2
  • Appliances: Built-Ins, Gas, Microwave, Range Hood, Self Cleaning Oven
  • Bedrooms: 4
  • Bedroom Features: All Bedrooms Down, Master Bedroom, Master Retreat
  • Bathroom Features: Remodeled, Shower and Tub
  • Kitchen Features: Counter Top, Greenhouse Window
  • Total Bathrooms: 5.00
  • Equipment: Ceiling Fan, Dishwasher, Garbage Disposal, Hood Fan, Microwave, Range/Oven, Refrigerator
  • Price Per S Q F T: 364.59

Exterior Features

  • Construction: Stone, Stucco
  • Other Features: Balcony, Rain Gutters, Sprinkler System
  • Tennis Court Y/N: No
  • Foundation Details: Block
  • Construction: PLANS MADE
  • Construction: Frame and Stucco
  • Patio: Concrete Slab, Porch, Porch - Front, Slab
  • Paved: Yes
  • Pool: No
  • Roof: Composition, Tile
  • Spa Yn: No
  • View: No

Garage/Parking

  • Other Spaces: 7
  • Parking Garage: Gated, Uncovered
  • Total Parking: 7

Utilities

  • TV Svcs: Cable TV
  • Electric Expense: 50.00
  • Heating: Wall
  • Number Electric Meters: 2
  • Number Gas Meters: 2
  • Number Water Meters: 2
  • Sewer: In Street
  • Water Expense: 150.00
  • Water Heaters: Yes

Fee Information

  • Gas Expense: 28.00
  • Insurance Expense: 101.00

Lot Info

  • Additions Alterations: Yes
  • Assessed Improvement Value: 98143
  • Assessed Land Value: 230199
  • Assessor Parcel Number: 5405-001-031
  • Geocode Override: No
  • Lot Description: Fenced, Landscaped, Lawn, Single Lot
  • Lot Location: City, Corner Lot
  • Lot Size Area: 4713

Rental Info

  • Land Lease Type: Fee
  • Owner Pays: Electricity, Gardener, Gas, Water
  • Rent Control: Yes

Multi Family

  • Unit Type: 2106, 2107
  • Number Of Units: 2
  • Rent Control: 100%
  • Type Of Units: Duplex

Tax Info

  • Tax Expense: 357.00

MLS Schools

  • School District: Los Angeles Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 29, 2023
Sold by
Faktorovich Edward
Bought by
Edward Faktorovich And Eleanor M Speare 2013
Current Estimated Value
$1,472,294

Purchase Details

Closed on
Sep 29, 2021
Sold by
Rich Gerry and Faktorovich Edward
Bought by
Rich Gerry and Faktorovich Edward

Purchase Details

Listed on
Jan 16, 2014
Closed on
May 8, 2014
Sold by
Wheeler Yolanda Morales and The Yolanda M Wheeler Revocabl
Bought by
Rich Gerry and Faktorovich Edward
Seller's Agent
Bryce Wheeler
Bryce Wheelen Realty
Buyer's Agent
Ed Faktorovich
Figure 8 Realty
List Price
$799,900
Sold Price
$773,000
Premium/Discount to List
-$26,900
-3.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.58%
Original Mortgage
$541,100
Interest Rate
4.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jan 16, 2014
Closed on
Apr 16, 2014
Sold by
Speare Eleanor M
Bought by
Faktorovich Edward
Seller's Agent
Bryce Wheeler
Bryce Wheelen Realty
Buyer's Agent
Ed Faktorovich
Figure 8 Realty
List Price
$799,900
Sold Price
$773,000
Premium/Discount to List
-$26,900
-3.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$541,100
Interest Rate
4.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 8, 2010
Sold by
Wheeler Yolanda Morales
Bought by
Wheeler Yolanda Morales and Yolanda M Wheeler Revocable Tr

Purchase Details

Closed on
Sep 30, 2009
Sold by
Wheeler Bryce C
Bought by
Wheeler Yolanda

Purchase Details

Closed on
Sep 17, 2009
Sold by
Aurora Loan Services Llc
Bought by
Wheeler Yolanda

Purchase Details

Closed on
Aug 5, 2008
Sold by
Cornillez Joe R and Cornillez Alicia D
Bought by
Aurora Loan Services Llc

Purchase Details

Closed on
Mar 21, 2006
Sold by
Tran Nguyen and Wang Ying Ching
Bought by
Cornillez Joe R and Cornillez Alicia D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$559,200
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 21, 2002
Sold by
Nguyen An Thi
Bought by
Tran Nguyen

Purchase Details

Closed on
Apr 2, 2000
Sold by
Pham Kinh Hong Thi
Bought by
Nguyen An Thi

Purchase Details

Closed on
Jul 18, 1994
Sold by
Nguyen An Thi and Pham Kinh Hong Thi
Bought by
Pham Kinh Hong Thi and Nguyen An Thi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.12%
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
Edward Faktorovich And Eleanor M Speare 2013 -- None Listed On Document
Rich Gerry -- Accommodation/Courtesy Recordi
Rich Gerry $773,000 Corinthian Title Company
Faktorovich Edward -- Corinthian Title Company
Faktorovich Zinovy -- Corinthian Title Company
Wheeler Yolanda Morales -- None Available
Wheeler Yolanda -- Lsi Title Company Ca
Wheeler Yolanda $319,500 Lsi Title Company Ca
Aurora Loan Services Llc $604,266 Lsi Title Company Ca
Cornillez Joe R $699,000 Southland Title Company
Tran Nguyen -- --
Nguyen An Thi -- --
Pham Kinh Hong Thi -- North American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rich Gerry $541,100
Previous Owner Cornillez Joe R $559,200
Previous Owner Pham Kinh Hong Thi $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/16/2014 05/16/14 Sold $773,000 -3.4% $352 / Sq Ft
03/12/2014 03/12/14 Pending -- -- --
01/16/2014 01/16/14 For Sale $799,900 -- $365 / 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 $12,425 $1,034,351 $745,487 $288,864
2024 $12,425 $1,014,070 $730,870 $283,200
2023 $12,184 $994,188 $716,540 $277,648
2022 $10,660 $892,932 $669,989 $222,943
2021 $10,524 $875,424 $656,852 $218,572
2020 $10,631 $866,448 $650,117 $216,331
2019 $10,207 $849,460 $637,370 $212,090
2018 $10,222 $832,805 $624,873 $207,932
2016 $9,715 $800,467 $600,609 $199,858
2015 $9,573 $788,444 $591,588 $196,856
2014 $4,290 $336,427 $235,868 $100,559
Source: Public Records

Agents Affiliated with this Home

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Source: The MLS

MLS Number: 14-730639

The MLS

APN: 5405-001-031

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