1617 Landa St, Los Angeles, CA 90026
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1617 Landa St Los Angeles, CA 90026

$935,000 Sold Price as of 07/10/2020
  • 2 Beds
  • 2 Baths
  • -- Sq.Ft.
Sold
$935,000 Sold Price as of 07/10/2020 Refinance Your Mortgage

Map preview of 1617 Landa St, Los Angeles, CA 90026

Property Overview: 1617 Landa St Los Angeles, CA has 2 bedrooms, 2 bathrooms, -- living square feet and 7,362 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Tucked away in trendy Echo Park, this large lot with two rustic cabins is a rare and special find. The hillside compound with two detached units evokes the bohemian spirit of Topanga Canyon, wrapped in privacy but located just minutes from markets, shopping and dining. Wood paneled walls, open beamed ceilings, picture windows and epic views create a serene sense of expanse. Storage is abundant and theres easy flow to outdoor areas that include decks, patios and a private yard, a magical setting to relax under a lush canopy of trees. Both units have laundry and off-street parking. With one cabin delivered vacant, this unique property is an urban homesteader's dream; ideal for an owner-user, or an investor seeking an income vehicle. The best of red-hot Echo Park is nearby including the Friday Farmers Market, Lassens, and dining/takeout options at The Semi Tropic, Taix, Masa, Cosa Buona and more. Hiking and biking trails in Elysian Park are within easy reach.

Listed by Tracy B Do | BRE #01350025 | Compass
Co-listed by Ronda Doyal | BRE #01912802 | Compass
Last checked: 13 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 7

Home details

Lot Sq. Ft
7,362
HOA Dues
$0/mo
Year built
1929
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
20587898
City
Los Angeles
County
Los Angeles
Time on Site
1346 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,800
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,157
  • Total Rent: $2,157
  • Pro Forma/Market Rent: $2,800
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 14.8
  • Gross Scheduled Income: --
  • Net Operating Income: $56,444
  • Gross Operating Income: $65,184
Annual Expense Breakdown
  • Total Operating Expense: --

Virtual Tour

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Property Details for 1617 Landa St

Interior Features
Heating Information
  • Has Heating
  • Floor Furnace
Kitchen Information
  • Has Appliances
  • Refrigerator
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Driveway
Lot Information
  • Lot Size Source: Assessor
Property Information
  • Total # of Units: 2
  • Parcel Number: 5443013004
Location / Neighborhood
Location Information
  • Directions: Google Maps.
View more facts & features

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Sale History for 1617 Landa St

Last sold for $935,000 on July 10th, 2020
  • July, 2020

  • Jul 10, 2020

    Date

    Sold

    CRMLS: 20587898

    $935,000

    Price

  • Jun 15, 2020

    Date

    Active Under Contract

    CRMLS: 20587898

    $995,000

    Price

  • Jun 8, 2020

    Date

    Active

    CRMLS: 20587898

    $995,000

    Price

  • July, 2020

  • Jul 10, 2020

    Date

    Sold (Public Records)

    Public Records

    $935,000

    Price

  • June, 2008

  • Jun 19, 2008

    Date

    Sold (Public Records)

    Public Records

    $825,000

    Price

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Tax History for 1617 Landa St

Assessed Value (2020): $475,603
Year Land Value Improved Value Assessed Value
2020 $379,526 $96,077 $475,603

Home Value Compared to the Market

This property vs the competition

1617 Landa St sold on July 10, 2020 for 11.16% lower than the current median sold price for the city of Los Angeles which is $1,120,000.

About 1617 Landa St

Detailed summary of property

1617 Landa St is a multi family that recently sold in Los Angeles, CA 90026. This multi family property offered 2 bedrooms, 2 bathrooms, roughly -- living square feet, and sits on an approximately 7,362 square foot lot. 1617 Landa St was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $935,000. Home 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 11.16% lower than the current median priced home. Local homes that are currently for sale include 250 N Alvarado St, 401 W Avenue 37 and 618 N Grand Ave. While the average home in Los Angeles, CA is selling in 106 days, 1617 Landa St has a days on market of 7 days. There are currently 4052 homes for sale in the Los Angeles real estate market and 2782 of them are single family homes while 1148 of them are condos and 116 are townhomes. For more information on this home for sale at 1617 Landa St 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 1617 Landa St

Public county record property details
Beds
2
Baths
2
Year built
1929
Sq. Ft.
892
Lot Size
7,362
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
18
APN
5443-013-004

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
$1,225,000
Median List Price/Sq.Ft.
$787
Median Sold Price
$1,217,000
Median Sold Price/Sq.Ft.
$985
Total Inventory
77
Median Sale to List Price %
101.5%
Avg Days on Market
33
Loan Type
Conventional (22.22%), FHA (0%), VA (0%), Cash (11.11%), Other (0%)

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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.