1110 Echo Park Ave, Los Angeles, CA 90026
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1110 Echo Park Ave Los Angeles, CA 90026

$2,375,000 Sold Price as of 12/30/2021
  • 8 Beds
  • 6 Baths
  • 5,638 Sq.Ft.
Sold
$2,375,000 Sold Price as of 12/30/2021 Refinance Your Mortgage

Map preview of 1110 Echo Park Ave, Los Angeles, CA 90026

Property Overview: 1110 Echo Park Ave Los Angeles, CA has 8 bedrooms, 6 bathrooms, 5,638 living square feet and 7,512 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: The Echo Park Avenue Apartments is a very special and unique property configured as a 4-unit building and a 2-unit building for a total of 6 units. The four unit was constructed in 1922, the two-unit in 1916. There are four small garages with access on Echo Park Avenue. Each unit has washer/dryer hookups, front and rear entrance, hardwood floors and intricate details. The Echo Park Avenue Fourplex enjoys twin extended front porch areas with Echo Park Lake views and the rear area is also available for gatherings and BBQ's. The Laguna Duplex enjoys a very spacious outdoor area that is separate and distinct from the Fourplex portion. This area is separated by new fencing and cemented planter boxes on the Echo Park Ave side. The parcel is zoned LARD2-1VL-HPOZ. The HPOZ (Historical Preservation Overlay Zone) extends several blocks to the north and east. This provides protection from over development and of out of character additions to the neighborhood thus preserving the original aspects of the area. Tenants are drawn to the old world charm and pleasant nature and livability of the property. The 1+1 apartments in the Echo Park Avenue Fourplex are very large, (over 1,000 square feet each) and all units have a separate laundry room and period tile in kitchens and baths with original hardwood floors and picture molding throughout. There are too many intricacies to describe in this small space, but one of many examples is the upper duplex unit (1047 Laguna) boasts a sunroom off the second bedroom with lake views. These rentals are much closer to a home than an apartment. The complex is presented as a parcel that runs block to block between Echo Park Avenue and Laguna Avenue. The Fourplex that faces Echo Park Avenue are all 1-bedroom 1-bath. The Duplex that faces Laguna Avenue are 2-bedroom 1-bath & 2-bedroom 1 1/4 bath. Resting just south of Sunset Blvd and north of the U.S. 101 on Echo Park Avenue. Centrally located just north west of DTLA and east of Silverlake and Hollywood. Echo Park Lake is located just south and across the street from the subject property. Upper units of the fourplex & the duplex have lake views. The Echo Park area is ground zero for hipsters, tech workers, artists, independent thinkers and free spirits. The area is alive with a vibe that is palpable and is attractive to both young and old alike. Please do not walk on property or disturb the tenants.

Listed by James Gilb | BRE #00998653 | Miller & Desatnik Realty Co.
Last checked: 5 minutes ago | Last updated: November 23rd, 2022 | Source CRMLS | DOM: 32

Home details

Lot Sq. Ft
7,512
HOA Dues
$0/mo
Year built
1916
Garage
4 Car
Property Type:
Multi Family
Status
Sold
MLS#
21777680
City
Los Angeles
County
Los Angeles
Time on Site
992 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 6
  • Total # of Buildings: 2
  • # of Electric Meters: 6
  • # of Gas Meters: 6
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,400
  • Total Rent: $2,400
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,500
  • Total Rent: $2,500
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,400
  • Total Rent: $2,400
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,400
  • Total Rent: $2,400
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,237
  • Total Rent: $1,237
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 6
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,500
  • Total Rent: $2,500
  • Pro Forma/Market Rent: $2,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 15.47
  • Gross Scheduled Income: --
  • Net Operating Income: $100,575
  • Gross Operating Income: $156,407
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 1110 Echo Park Ave

Interior Features
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Stackable
Room Information
  • Flooring: Wood
Interior Features
  • Living Room Balcony
Exterior Features
Exterior Information
  • Roof: Composition, Shingle
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 4
  • Has Parking
  • Parking Features: Garage
Lot Information
  • Lot Features: Yard
  • Lot Size Source: Assessor
Property Information
  • Has View
  • View: Lake
  • Total # of Units: 6
  • Parcel Number: 5404019003
  • Architectural Style: Craftsman
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Other
Location / Neighborhood
Location Information
  • Directions: South of Sunset on the east side of Echo Park Avenue.
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Sale History for 1110 Echo Park Ave

Last leased for $3,200 on November 23rd, 2022
  • November, 2022

  • Nov 23, 2022

    Date

    Leased

    CRMLS: 22218453

    $3,200

    Price

  • Nov 15, 2022

    Date

    Active

    CRMLS: 22218453

    $2,995

    Price

  • Listing provided courtesy of CRMLS

    OMG So CUTE!! This Adorable Top Floor unit feels more like a house with windows in every room letting in light on all sides. Each room has charming vintage details like crown molding, built-in features, wood paneling, and wood floors throughout. Bedrooms are spacious and offer lots of storage and natural light. Primary has a large closet. 2nd bedroom has French doors opening to a lovely Bonus room overlooking the backyard (with view of lake). Original tile and fixtures bathroom and kitchen. Laundry in unit. Gated property. Central and walkable to everything that Echo Park and Sunset Blvd has to offer - cool shops, cafe's/restaurants and bars, and Transportation. No onsite parking. Street parking only.

  • October, 2022

  • Oct 5, 2022

    Date

    Leased

    CRMLS: 22203427

    $2,795

    Price

  • Sep 29, 2022

    Date

    Active

    CRMLS: 22203427

    $2,795

    Price

  • Listing provided courtesy of CRMLS

    Located in the heart of Echo Park, this spacious top floor unit is light, bright and has so much character! Charming details like Original kitchen tile and cabinetry, crown molding, Wood floors throughout, 2 large closets, laundry room w back door, Large private balcony overlooking the grounds offering a view of the lake and fountain! Classic 4 unit Craftsman Built in 1916, offers multiple shared outdoor spaces surrounded by mature trees and plants. Central and walkable to everything that Echo Park and Sunset Blvd has to offer - cool shops, cafe's/restaurants and bars, and Transportation.

  • March, 2022

  • Mar 4, 2022

    Date

    Leased

    CRMLS: 22125829

    $2,695

    Price

  • Feb 25, 2022

    Date

    Active

    CRMLS: 22125829

    $2,695

    Price

  • Listing provided courtesy of CRMLS

    Located in the heart of Echo Park, this spacious top floor unit is light, bright and has so much character! Charming details like Original kitchen tile and cabinetry, crown molding, Wood floors throughout, 2 large closets, laundry room w back door, Large private balcony overlooking the grounds offering a view of the lake and fountain! Classic 4 unit Craftsman Built in 1916, offers multiple shared outdoor spaces surrounded by mature trees and plants. Central and walkable to everything that Echo Park and Sunset Blvd has to offer - cool shops, cafe's/restaurants and bars, and Transportation.

  • September, 2021

  • Sep 20, 2021

    Date

    Price Change

    CRMLS: 21777680

    $2,495,000

    Price

  • Aug 30, 2021

    Date

    Active

    CRMLS: 21777680

    $2,695,000

    Price

  • March, 2015

  • Mar 17, 2015

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • April, 2004

  • Apr 30, 2004

    Date

    Sold (Public Records)

    Public Records

    $675,000

    Price

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Tax History for 1110 Echo Park Ave

Assessed Value (2020): $877,521
Year Land Value Improved Value Assessed Value
2020 $520,015 $357,506 $877,521

Home Value Compared to the Market

This property vs the competition

1110 Echo Park Ave sold on December 30, 2021 for 109.66% 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 $442.53 per/sqft which puts the price per square foot 41.39% lower than the current median sale per square foot for the city of Los Angeles.

About 1110 Echo Park Ave

Detailed summary of property

1110 Echo Park Ave is a multi family that recently sold in Los Angeles, CA 90026. This multi family property offered 8 bedrooms, 6 bathrooms, roughly 5,638 living square feet, and sits on an approximately 7,512 square foot lot. 1110 Echo Park Ave was first listed on ArdentRealEstateGroup.com on August 30, 2021. The homeowner sold the property for $2,375,000. 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 109.66% higher than the current median priced home. Local homes that are currently for sale include 151 S Mountainview St, 229 S Westlake Ave and 155 S Alvarado St. While the average home in Los Angeles, CA is selling in 92 days, 1110 Echo Park Ave has a days on market of 32 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 1110 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 1110 Echo Park Ave

Public county record property details
Beds
7
Baths
6
Year built
1916
Sq. Ft.
5,638
Lot Size
7,512
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
22
APN
5404-019-003

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 1110 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.