$2,295,000

Estimated payment $14,092/month

Total Views 2,090
6 Beds
3 Baths
1,912 Sq Ft
$1,200 Price per Sq Ft

Highlights

  • View of Hills
  • Fenced Yard
  • Central Heating
  • John Marshall Senior High Rated A
  • Bungalow
  • 1-Story Property

About This Home

Three character bungalows tastefully updated in the best area of Echo Park on a quiet street. Fully rented (do not disturb tenants). Great income/1031 property. Big lot. Each home has their own fenced in patio/yard. Offer subject to interior inspection. Possible to add one ADU.

Listing Agent

Matt Manner

Best and Final Real Estate License #01449965 Listed on: 04/16/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,998

Year Built

  • Built in 1922

Lot Details

  • 7,487 Sq Ft Lot
  • Fenced Yard

Parking

  • 2 Car Garage
  • Driveway

Home Design

  • Bungalow
  • Split Level Home

Interior Spaces

  • 1,912 Sq Ft Home
  • 1-Story Property
  • Views of Hills
  • Laundry in unit

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating
  • Sewer in Street

Listing and Financial Details

  • The owner pays for water, gardener
  • Assessor Parcel Number 5420-015-021

Community Details

Overview

  • 3 Buildings
  • 3 Units

Building Details

  • Rent Control

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,998

Year Built

Built in 1922

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Style: Bungalow
  • Levels: One, Multi/Split
  • Street Number Display: Yes
  • Living Area: 1912
  • Lot Acreage: 0.1719
  • Stories: 1
  • Year Built: 1922
  • Number Of Photos: 16
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Number Dishwasher: 3
  • Number Range: 3
  • Number Refrigerator: 3
  • Appliances: Gas
  • Bedrooms: 6
  • Laundry: In Unit
  • Total Bathrooms: 3.00
  • Equipment: Range/Oven, Refrigerator, Dishwasher
  • Price Per S Q F T: 1200.31

Exterior Features

  • Other Structures: Accessory Bldgs
  • View: Hills
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Parking Garage: Driveway
  • Total Parking: 5

Utilities

  • Volt 220: In Garage
  • Cooling: Wall/Window
  • Electric Expense: 3600.00
  • Heating: Central
  • Number Electric Meters: 3
  • Number Gas Meters: 3
  • Number Water Meters: 1
  • Sewer: In Street
  • Water Expense: 3600.00

Fee Information

  • Gas Expense: 1200.00
  • Insurance Expense: 1700.00

Lot Info

  • Assessed Improvement Percent: 30.01
  • Assessed Improvement Value: 416160
  • Assessed Land Percent: 69.99
  • Assessed Land Value: 970693
  • Total Assessed Value: 1386853
  • Assessor Parcel Number: 5420-015-021
  • Lot Description: Fenced Yard
  • Lot Size Area: 7487

Rental Info

  • Number Leased: 3
  • Total Actual Rent: 171828.00
  • Owner Pays: Water, Gardener
  • Rent Control: Yes
  • Tenant Pays: Electricity, Gas

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 13.35
  • Number Of Units: 3
  • Rent Control: 100
  • Total Annual Expense: 28300
  • Type Of Units: 3 unit
  • Vacancy Rate: 0

Tax Info

  • Tax Expense: 17000.00
  • Mello Roos: Unknown

Map

Range of Values:

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Average Value
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
2024 $16,998 $1,386,853 $970,693 $416,160
2023 $16,668 $1,359,660 $951,660 $408,000
2022 $3,602 $278,698 $184,979 $93,719
2021 $3,550 $273,234 $181,352 $91,882
2020 $2,200 $155,381 $96,881 $58,500
2019 $2,125 $152,335 $94,982 $57,353
2018 $2,053 $149,349 $93,120 $56,229
2016 $1,946 $143,552 $89,505 $54,047
2015 $1,920 $141,397 $88,161 $53,236
2014 $1,948 $138,629 $86,435 $52,194
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/16/2025 04/16/25 For Sale $2,295,000 +72.2% $1,200 / Sq Ft
02/09/2022 02/09/22 Sold $1,333,000 +35.3% $697 / Sq Ft
01/31/2022 01/31/22 Pending -- -- --
01/03/2022 01/03/22 For Sale $985,000 -- $515 / Sq Ft
Source: The MLS

Purchase History

Date Type Sale Price Title Company
Grant Deed $1,333,000 Equity Title
Interfamily Deed Transfer -- None Available
Grant Deed $35,000 Accommodation
Deed -- --
Interfamily Deed Transfer -- Accommodation
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Grant Deed -- Accommodation
Interfamily Deed Transfer -- --
Grant Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,500,000 New Conventional
Source: Public Records

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Source: The MLS

MLS Number: 25526299

The MLS

APN: 5420-015-021