$1,189,000 Price Analysis   ♡   Los Angeles, CA 90026 5 bed 3 bath 2,054 SqFt ($578/SqFt) 7,369SqFt lot. Built 1922 Listed 2024-07-08, Taxes $12,334 | Ⓧ USDA Ineligible due to price & location near Los Angeles |
Welcome to this open and versatile multi-family property located on a pretty street in one of the most prime pockets in Echo Park
A hop, skip and a jump away from Elysian Park, Valerie, Canyon Coffee, Baccetti, Tilda Wine Bar and Echo Park Lake. This residence offers two units + a bonus space underneath the rear unit. Front unit is VACANT with 2 bedrooms 1 bathroom. Back unit has 3 bedrooms 1 bathroom and a bonus studio unit with 3/4 bath below wth a separate entrance. Both rear units are tenant occupied. This is a fantastic opportunity for owner-occupied and/or income property. Each unit has its own outdoor space including a back yard, front yard, all enclosed by a fence for privacy and security.
Long driveway and spacious front yard provides three to five gated parking spots. The property features a California Bungalow style with tile and hardwood floors throughout. Each kitchen equipped with a gas stove, gas oven, refrigerator and dishwasher. The property also offers air conditioning and heating. The back unit has a laundry room with washer/dryer and the front unit has a stacked wa sher/dryer in the outdoor area at the back. Don't miss the opportunity to own this multi-family gem with unlimited potential for personalization in highly desirable Echo Park. 1915 and 1915 1/2 Echo Park Avenue offer an excellent investment opportunity or a perfect home where you can live and rent out additional units.
Presented by Talin Nazarian at
OLIVE BRANCH REALTY GROUP, INC.
Property MLS #CV24134670 from CRMLS
Lot Size Acres: 0.169169
Lot Size Source: Public Records
Lot Size Square Feet: 7369
Parking Total: 5
Bedrooms in Unit-1: 2
Bedrooms in Unit-2: 3
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Total Bathrooms in Unit-3: 1
Rent Control: Yes
County: Los Angeles
Source Property Type: Residential Income
Insurance Expense: 1500.00
Area: C21 - Silver Lake - Echo Park
Source Neighborhood: C21 - Silver Lake - Echo Park
Number of Separate Electric Meters: 2
Number of Separate Gas Meters: 2
Number of Separate Water Meters: 1
Parcel Number: 5420022026
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $351,386 + $669,309 $1,020,695 | $12,334 |
| 2021 | $344,497 + $656,186 $1,000,683 | $12,182 |
| 2020 | $340,965 + $649,458 $990,423 | $12,304 |
| 2019 | $334,280 + $636,724 $971,004 | $11,821 |
| 2018 | $327,726 + $624,240 $951,966 | $11,710 |
| 2017 | $321,300 + $612,000 $933,300 | $11,455 |
| 2016 | $154,930 + $360,310 $515,240 | $6,347 |
| 2015 | $152,603 + $354,898 $507,501 | $6,256 |
| 2014 | $149,614 + $347,947 $497,561 | $6,292 |
| 2013 | $148,938 + $346,375 $495,313 | $6,292 |
| 2012 | $146,018 + $339,584 $485,602 | $6,373 |
| 2010 | $143,155 + $332,926 $476,081 | $6,239 |
| 2009 | $142,424 + $331,223 $473,647 | $6,017 |
| 2009 | $142,086 + $330,438 $472,524 | $6,017 |
| 2008 | $139,632 + $324,729 $464,361 | $5,763 |
| 2007 | $136,895 + $318,362 $455,257 | $5,572 |
$1,189,000
CRMLS
Listing removed 2020-02-11
$1,159,000
PasadenaPFAR
Listing removed 2018-02-13
$2,750
CRMLS
Listed for rent 2018-02-04
$2,750
CRMLS
Listing removed 2016-06-03
$3,750
CRMLS
Listed for rent 2016-04-12
$3,750
CRMLS
Sold 2016-02-18
$915,000
Public Record
Listing removed 2016-02-18
$1,100,000
TheMLSCLAW
Listed 2015-11-12
$1,100,000
TheMLSCLAW
Listing removed 2015-09-29
$1,159,000
PasadenaPFAR
Listing removed 2015-09-29
$1,159,000
ITECH
Listing removed 2015-09-15
$2,500
Zumper
Listed for rent 2015-09-09
$2,500
Zumper
Price Changed 2015-08-09
$1,159,000
ITECH
Listed 2015-08-07
$1,069,000
ITECH
Listed 2015-08-07
$1,159,000
PasadenaPFAR
Sold 2003-10-08
$429,000
Public Record
Sold 2001-04-02
$238,000
Public Record
Sold 1999-10-27
$125,000
Public Record
Sold 1980-12-03
$90,000
Public Record
Year Built: 1922
Building Features: 1
Common Walls: No Common Walls
Entry Level: 1
Entry Location: Steps to front door
Property Age: 102
Building Total Stories: 1
Structure Type: Triplex
Year Built Source: Public Records
Water Source: Public
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.