1524 Echo Park Ave Los Angeles, CA 90026

$960,009 Sold Price as of 06/25/2013

2 Beds
5 Baths
2,068 Sq.Ft.

Off Market

$960,009 Sold Price as of 06/25/2013 Refinance Your Mortgage

Map preview of 1524 Echo Park Ave, Los Angeles, CA 90026

Property Overview: 1524 Echo Park Ave Los Angeles, CA has 2 bedrooms, 5 bathrooms, 2,068 living square feet and 5,627 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

1524 Echo Park Ave is currently an off market home in the city of Los Angeles. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of Los Angeles has a median list price of $1,200,000. The median price per/sqft for Los Angeles is $771. With those numbers in mind, if you are looking to purchase a median priced home in Los Angeles, CA and put 20% down you will need to save up $240,000 for the down payment and will need roughly $24,000 for closing costs on top of the down payment. Homeowners who are looking to sell their home could expect to pay an average of 5% (2.5% to the listing agent and 2.5% to the buyers agent) in agent commissions when it comes to selling their home. With the median sale price for a home in Los Angeles the commission could be as much as $56,000. If you're thinking of selling and want to save, contact a local Ardent Real Estate Agent today.

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Sale History for 1524 Echo Park Ave

Last sold for $1,450,000 on September 21st, 2016

September, 2016
Sep 22, 2016

Date

Sold

CRMLS: 16136886

$1,450,000

Price
Jul 29, 2016

Date

Price Change

CRMLS: 16136886

$1,450,000

Price
Listing provided courtesy of CRMLS

Echo Park Apartments are 5 bungalow style buildings with full upgrades and state of the art appliances, finishes, fixtures and tankless water heaters having been completely remodeled. Echo Park is one of the hottest rental markets in Los Angeles along with neighboring Silver Lake. The property sits on a terraced lot with views of the hills of Echo Park and Silver Lake, both extremely tight rental markets with low vacancy and rising rents, due to its historical vibe and location and proximity to Hollywood and Downtown L.A. Amenities include microwaves, dishwashers, granite counters, refrigerators, new tile floors and bathrooms, immense old world charm, hardwood floors and private yards off each unit. The property has new electrical and new plumbing. The property lies north of Sunset Blvd, a stone's throw from cafes, restaurants, grocery stores, dry cleaning, and the fantastically refurbished Echo Park Lake. DO NOT DISTURB TENANTS. Drive by only. Inside inspection upon accepted offer.

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July, 2016
Jul 9, 2016

Date

Price Change

CRMLS: 16142338

$1,600

Price
Listing provided courtesy of CRMLS

Beautifully charming bungalow studio in private gated complex located in the heart of Echo Park! This studio has the following amenities: Private Gated Patio, Washer/Dryer in Unit, New Landscaping, New tile entries, Granite Counters, Dishwasher, Microwave Oven, Refrigerator, Ceiling Fan, 18" Square tile floors, New entry landings with tile stairs, Hardwood Floors, Immense old world charm, New bathroom fixtures and paint, New kitchen appliances, fixtures, Fully updated Nearby many shops, cafes, restaurants, and all that Echo Park has to offer -- including Chango Cafe, The Fix Cafe, Cookbook grocery, YogaLa, Regency Dry Cleaning, Vietnamese Bakery, Walgreens, and many other stores and restaurants on nearby Sunset Blvd. Just down the block as well from the newly refurbished Echo Park Lake! Location is very central near many hot spots including Silver Lake, Los Feliz, Hollywood, Downtown, Glendale, Westlake, and many others.

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June, 2013
Jun 25, 2013

Date

Sold (Public Records)

Public Records

$960,009

Price
June, 2007
Jun 11, 2007

Date

Sold (Public Records)

Public Records

--

Price

Tax History for 1524 Echo Park Ave

Assessed Value (2020): $1,538,901

Year	Land Value	Improved Value	Assessed Value
2020	$955,087	$583,814	$1,538,901

About 1524 Echo Park Ave

Detailed summary of property

1524 Echo Park Ave is categorized with a use code of Apartment House (5+ Units) in Los Angeles, CA 90026 and last sold on June 25, 2013 for $960,009. This property has 2 bedrooms, 5 bathrooms, roughly 2,068 living square feet, and sits on an approximately 5,627 square foot lot. Homes in Los Angeles are selling for a median price of $1,120,000 and a median price per square foot of $724. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 14.28% lower than the current median priced home. 1524 Echo Park Ave was last sold on June 25, 2013 for $960,009. Local nearby listings include 2168 Clifford St, 1948 N Alvarado St and 2013 Echo Park Ave. The average home in Los Angeles, CA is selling in 106 days. There are currently 4139 homes for sale in the Los Angeles real estate market and 2834 of them are single family homes while 1183 of them are condos and 115 are townhomes. If you are the homeowner and looking to sell the home at 1524 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 1524 Echo Park Ave

Public county record property details

Beds: 2
Baths: 5
Year built: 1926
Sq. Ft.: 2,068
Lot Size: 5,627
Stories: --

Type: Apartment House (5+ Units)
Pool: No
Spa: No
County: Los Angeles
Lot#: 8
APN: 5419-014-009

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

$1,250,000

Median List Price/Sq.Ft.

$822

Median Sold Price

$1,217,000

Median Sold Price/Sq.Ft.

$985

Total Inventory

Median Sale to List Price %

101.5%

Avg Days on Market

Loan Type

Conventional (22.22%), FHA (0%), VA (0%), Cash (11.11%), Other (0%)

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