$1,126,000
SOLD JUN 3, 2024

1015 Figueroa Terrace Unit 8 Los Angeles, CA 90012

Echo Park Neighborhood
3 Beds
2.5 Baths
1,800 Sq Ft
$434/mo HOA Fee

Recently Sold

$626 Per Sq Ft

4% Below List Price

50 Days on Market

Highlights

  • 24-Hour Security
  • Panoramic View
  • Wood Flooring
  • Auto Driveway Gate
  • 1.63 Acre Lot
  • Modern Architecture

About This Home

As of June 2024

This newly constructed modern townhome, located in a Gated Community of Echo Park has mesmerizing views of downtown Los Angles skyline and endless features. This townhome is a former Model Home, one of the best units in the community. Panoramic views of downtown skyline from All floors, 2 Side-By-Side parking spaces, Walk-in closets in All 3 bedrooms, and the Master Suite will leave you speechless. This townhome is like living in a house for a fraction of the price. Buyers will delight in the wood floors, modern recessed lighting, and stylish kitchen with high-end appliances. Perfectly positioned Echo Park townhome is minutes to the city's best eateries, cafes, Dodger Stadium, and DTLA!

Last Agent to Sell the Property

Brandon Park

Park & Hiles, Inc. License #01416244

Last Buyer's Agent

Sharon Tran

First Team Real Estate License #01172483

First Team Real Estate

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $12,705

Year Built

  • Built in 2018

HOA Fees

  • $434 Monthly HOA Fees

Property Views

  • Panoramic
  • Skyline
  • Views of a landmark
  • Mountain
  • Hills

Home Design

  • Modern Architecture
  • Split Level Home

Interior Spaces

  • 1,800 Sq Ft Home
  • 3-Story Property
  • Living Room
  • Dining Area
  • Security Lights

Kitchen

  • Oven or Range
  • Microwave
  • Water Line To Refrigerator
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Powder Room

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Side by Side Parking
  • Auto Driveway Gate
  • Guest Parking
  • Controlled Entrance

Outdoor Features

  • Covered patio or porch

Utilities

  • Two cooling system units
  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 5406-022-092

Community Details

Overview

  • 45 Units
  • Association Phone (760) 600-0067

Amenities

  • Elevator

Pet Policy

  • Pets Allowed

Security

  • 24-Hour Security
  • Controlled Access
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$12,705

Year Built

Built in 2018

Lot Details

0

HOA Fees

$434 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Townhouse
  • Style: Modern
  • Levels: Multi/Split
  • Street Number Display: Yes
  • Advertising Remarks: This newly constructed modern townhome, located in a Gated Community of Echo Park has mesmerizing views of downtown Los Angles skyline and endless features. This townhome is a former Model Home, one of the best units in the community. Panoramic views of downtown skyline from All floors, 2 Side-By-Side parking spaces, Walk-in closets in All 3 bedrooms, and the Master Suite will leave you speechless. This townhome is like living in a house for a fraction of the price. Buyers will delight in the wood floors, modern recessed lighting, and stylish kitchen with high-end appliances. Perfectly positioned Echo Park townhome is minutes to the city's best eateries, cafes, Dodger Stadium, and DTLA!
  • Complex Name: The Terrace
  • Entry Floor: 1
  • Living Area: 1800
  • Lot Acreage: 1.6335
  • Planned Urban Dev: 0
  • Stories: 3
  • Unit Floor In Building: 1
  • Year Built: 2018
  • Number Of Photos: 17
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Hardwood, Stone Tile
  • Bedrooms: 3
  • Full Bathroom: 2
  • Half Bathroom: 1
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Laundry Closet Stacked, In Unit, Inside
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Dishwasher, Dryer, Garbage Disposal, Hood Fan, Microwave, Range/Oven, Vented Exhaust Fan, Refrigerator, Washer, Water Line to Refrigerator
  • Price Per S Q F T: 638.89

Exterior Features

  • Pool: No
  • View: City, City Lights, Hills, Landmark, Mountains, Panoramic, Skyline
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Assigned, Auto Driveway Gate, Community Garage, Controlled Entrance, Driveway Gate, Gated, Parking for Guests - Onsite, Side By Side, Parking Space
  • Total Parking: 2

Utilities

  • Cooling: Air Conditioning, Central, Dual, Electric
  • Heating: Central, Natural Gas
  • Security: Automatic Gate, Carbon Monoxide Detector(s), Community, Exterior Security Lights, Fire Sprinklers, Gated Community with Guard, Smoke Detector

Association/Amenities

  • Amenities: Assoc Maintains Landscape, Assoc Pet Rules, Controlled Access, Elevator, Gated Community Guard, Gated Parking, Guest Parking, Security
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 434.00
  • Phone: 7606000067|
  • HOA: Yes

Lot Info

  • Special Zoning: Property Report
  • Assessor Parcel Number: 5406-022-092
  • Lot Size Area: 71155

Multi Family

  • Number Of Units: 45

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/03/2024 06/03/24 Sold $1,126,000 -2.1% $626 / Sq Ft
05/02/2024 05/02/24 Pending -- -- --
04/15/2024 04/15/24 Price Changed $1,150,000 -2.1% $639 / Sq Ft
03/12/2024 03/12/24 For Sale $1,175,000 0.0% $653 / Sq Ft
08/16/2022 08/16/22 Rented $5,000 0.0% --
06/28/2022 06/28/22 For Rent $5,000 +6.4% --
08/24/2020 08/24/20 Rented $4,700 0.0% --
08/02/2020 08/02/20 Price Changed $4,700 -2.1% $3 / Sq Ft
06/30/2020 06/30/20 For Rent $4,800 -11.1% --
08/24/2018 08/24/18 Rented $5,400 -1.8% --
08/09/2018 08/09/18 For Rent $5,500 -- --
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
2024 $12,705 $1,038,959 $601,503 $437,456
2023 $12,456 $1,018,588 $589,709 $428,879
2022 $11,870 $998,617 $578,147 $420,470
2021 $11,721 $979,037 $566,811 $412,226
2019 $6,036 $498,127 $258,019 $240,108
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,013,200 New Conventional
Previous Owner $510,000 New Conventional
Previous Owner $665,000 New Conventional
Source: Public Records

Deed History

Date Type Sale Price Title Company
Grant Deed $1,126,000 Chicago Title Company
Interfamily Deed Transfer -- Fidelity National Title Goru
Grant Deed $950,000 Fidelity National Title Gura
Source: Public Records

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Source: The MLS

MLS Number: 24-367092

The MLS

APN: 5406-022-092