1100 Echo Park Ave, Los Angeles, CA 90026
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1100 Echo Park Ave Los Angeles, CA 90026

$1,350,000 Sold Price as of 11/09/2022
  • 17 Beds
  • 10 Baths
  • 4,040 Sq.Ft.
Sold
$1,350,000 Sold Price as of 11/09/2022 Refinance Your Mortgage

Map preview of 1100 Echo Park Ave, Los Angeles, CA 90026

Property Overview: 1100 Echo Park Ave Los Angeles, CA has 17 bedrooms, 10 bathrooms, 4,040 living square feet and 6,008 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Excellent investment opportunity with under market rents. Great owner user property. A walker's paradise, this two-story Quadruplex sits a stones throw away from Echo Park Lake and is situated on a street to street lot with street parking in front and rear. Each of the units are 1+1, however 2 of the units are using the space as 2 bedrooms! Two of the four units are on the second floor with their own private stairwells. Lots of original detail and ten-foot high ceilings. Two units with a view of Echo Park Lake! Two of the three units have breakfast nooks in their kitchens, allowing for the dining room to be used as a den or living room. Additional features such as hardwood floors, decorative faux fireplaces, copper plumbing and a tiered backyard with multiple patios, a tropical oasis with a fig tree, cacti and succulents. Take a sunset ride on the Echo Park Swan Boats steps from your front door. Tenants love living a lifestyle where they're close to Lassen's Natural Foods or countless trendy Echo Park and Silver hot spots like Stereoscope Coffee, Mohawk Bend, or Sage. Own a little piece of Echo Park history!

Listed by Eileen Moreno | BRE #01194455 | Keller Williams Realty Los Feliz
Co-listed by George Moreno | BRE #00560275 | Keller Williams Realty Los Feliz
Last checked: 9 minutes ago | Last updated: November 10th, 2022 | Source CRMLS | DOM: 40

Home details

Lot Sq. Ft
6,008
HOA Dues
$0/mo
Year built
1922
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
22195417
City
Los Angeles
County
Los Angeles
Time on Site
624 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,150
  • Total Rent: $2,150
  • Pro Forma/Market Rent: $2,200
Unit Breakdown 2
  • # of Units: 4
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,171
  • Total Rent: $1,171
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 3
  • # of Units: 3
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,199
  • Total Rent: $1,200
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 4
  • # of Units: 2
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,852
  • Total Rent: $1,900
  • Pro Forma/Market Rent: $2,200
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 3%
  • Gross Rent Multiplier: 19.1
  • Gross Scheduled Income: --
  • Net Operating Income: $77,052
  • Gross Operating Income: $77,052
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 1100 Echo Park Ave

Interior Features
Heating Information
  • Has Heating
  • Gravity
Kitchen Information
  • Has Appliances
  • Refrigerator
Interior Features
  • Ceiling Fan(s)
Lot Details / Garage and Parking
Parking/Garage Information
  • No
  • Parking Features: None
Lot Information
  • Lot Size Source: Assessor
Property Information
  • Total # of Units: 4
  • Parcel Number: 5404019005
  • Year Built Source: Assessor
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Location / Neighborhood
Location Information
  • Directions: Sunset Blvd to Echo Park Avenue.
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Sale History for 1100 Echo Park Ave

Last sold for $1,350,000 on November 9th, 2022
  • November, 2022

  • Nov 9, 2022

    Date

    Sold

    CRMLS: 22195417

    $1,350,000

    Price

  • Sep 1, 2022

    Date

    Active

    CRMLS: 22195417

    $1,475,000

    Price

  • August, 1995

  • Aug 23, 1995

    Date

    Sold (Public Records)

    Public Records

    $167,500

    Price

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Tax History for 1100 Echo Park Ave

Assessed Value (2020): $337,686
Year Land Value Improved Value Assessed Value
2020 $236,385 $101,301 $337,686

Home Value Compared to the Market

This property vs the competition

1100 Echo Park Ave sold on November 9, 2022 for 17.23% higher than the current median sold price for the city of Los Angeles which is $1,190,000. The median sold price per/sqft for Los Angeles is $755 and this home is sold at $345.3 per/sqft which puts the price per square foot 54.27% lower than the current median sale per square foot for the city of Los Angeles.

About 1100 Echo Park Ave

Detailed summary of property

1100 Echo Park Ave is a multi family that recently sold in Los Angeles, CA 90026. This multi family property offered 17 bedrooms, 10 bathrooms, roughly 4,040 living square feet, and sits on an approximately 6,008 square foot lot. 1100 Echo Park Ave was first listed on ArdentRealEstateGroup.com on September 2, 2022. The homeowner sold the property for $1,350,000. Home in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 17.23% higher than the current median priced home. Local homes that are currently for sale include 160 Union Pl, 817 Centennial St and 2241 Ewing St. While the average home in Los Angeles, CA is selling in 92 days, 1100 Echo Park Ave has a days on market of 40 days. There are currently 3712 homes for sale in the Los Angeles real estate market and 2493 of them are single family homes while 1120 of them are condos and 93 are townhomes. For more information on this home for sale at 1100 Echo Park Ave Los Angeles, CA 90026 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1100 Echo Park Ave

Public county record property details
Beds
4
Baths
4
Year built
1922
Sq. Ft.
4,040
Lot Size
6,008
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
23,24
APN
5404-019-005

The source for these homes facts are from public records.

90026 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,300,000
Median List Price/Sq.Ft.
$736
Median Sold Price
$1,450,000
Median Sold Price/Sq.Ft.
$817
Total Inventory
65
Median Sale to List Price %
105.92%
Avg Days on Market
13
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (15.38%), Other (0%)

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Related Resources to 1100 Echo Park Ave

Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.