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1623 Landa St Los Angeles, CA 90026

$1,030,000 Sold Price as of 05/29/2020

2 Beds
2 Baths
-- Sq.Ft.

Sold

$1,030,000 Sold Price as of 05/29/2020 Refinance Your Mortgage

Map preview of 1623 Landa St, Los Angeles, CA 90026

Property Overview: 1623 Landa St Los Angeles, CA has 2 bedrooms, 2 bathrooms, -- living square feet and 6,044 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Delivered vacant, these two rustic bungalows on a single lot make for a special opportunity in trendy Echo Park. The distinct, updated residences are nestled into a verdant hillside compound that feels like Topanga Canyon, abounding with bohemian spirit. Each bungalow presents an airy layout with sunny skylights, picture windows and wood elements throughout in the flooring, interior walls and exposed beams overhead. Kitchen and bath elements include farm sinks and custom tile. Enjoy seamless access to patios and decks, offering tranquil outdoor living environments and transcendent views across treetops and local mountains. Flat yard space is surrounded by greenery, and there's a glamping tent to use as your clubhouse retreat. Ideal for an owner-user or income generator, this picturesque homestead is well-situated near local favorites The Semi Tropic, Mohawk Bend, Taix, Masa, the Echo Park Farmer's Market and Lassen's. Hiking and biking trails in Eylsian Park are within easy reach.

Listed by Tracy B Do | BRE #01350025 | Compass
Co-listed by Ronda Doyal | BRE #01912802 | Compass

Last checked: 9 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 21

Home details

Lot Sq. Ft: 6,044
HOA Dues: $0/mo
Year built: 1929
Garage: --
Property Type:: Multi Family

Status: Sold
MLS#: 20559698
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: $3,200

Unit Breakdown 2

# of Units: 1
# of Beds: 1
# of Baths: 1
Furnishing: Unfurnished
Actual Rent: $2,400
Total Rent: $2,400
Pro Forma/Market Rent: $2,600

Multi-Family Income/Expense Information

Property Income and Analysis

Gross Rent Multiplier: 16.16
Gross Scheduled Income: --
Net Operating Income: $69,600
Gross Operating Income: $67,512

Annual Expense Breakdown

Total Operating Expense: --
Trash: $50
Water/Sewer: $35
Other Expenses: $70

Property Details for 1623 Landa St

Interior Features

Heating Information

Has Heating
Wall Furnace

Room Information

Flooring: Wood

Kitchen Information

Has Appliances
Dishwasher, Disposal, Refrigerator

Lot Details / Garage and Parking

Parking/Garage Information

Has Parking
Parking Features: Street

Lot Information

Lot Size Source: Owner

Property Information

Has View
View: City Lights, Mountain(s)
Total # of Units: 2
Parcel Number: 5443013005

Location / Neighborhood

Location Information

Directions: Google Maps.

View more facts & features

Local Los Angeles Agent

Sale History for 1623 Landa St

Last sold for $1,030,000 on May 29th, 2020

May, 2020
May 29, 2020

Date

Sold

CRMLS: 20559698

$1,030,000

Price
Apr 13, 2020

Date

Active Under Contract

CRMLS: 20559698

$1,125,000

Price
Mar 24, 2020

Date

Active

CRMLS: 20559698

$1,125,000

Price
May, 2020
May 29, 2020

Date

Sold (Public Records)

Public Records

$1,030,000

Price
June, 2008
Jun 19, 2008

Date

Sold (Public Records)

Public Records

$825,000

Price

Tax History for 1623 Landa St

Assessed Value (2020): $515,239

Year	Land Value	Improved Value	Assessed Value
2020	$411,954	$103,285	$515,239

Home Value Compared to the Market

This property vs the competition

1623 Landa St sold on May 29, 2020 for 0.45% higher than the current median sold price for the city of Los Angeles which is $1,120,000.

About 1623 Landa St

Detailed summary of property

1623 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 6,044 square foot lot. 1623 Landa St was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $1,030,000. 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 0.45% higher than the current median priced home. Local homes that are currently for sale include 1163 Hyperion Ave, 811 N Vendome St and 1600 W Court St. While the average home in Los Angeles, CA is selling in 106 days, 1623 Landa St has a days on market of 21 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 1623 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 1623 Landa St

Public county record property details

Beds: 2
Baths: 2
Year built: 1929
Sq. Ft.: 968
Lot Size: 6,427
Stories: --

Type: Duplex (2 Units, Any Combination)
Pool: No
Spa: No
County: Los Angeles
Lot#: 19
APN: 5443-013-005

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

$1,225,000

Median List Price/Sq.Ft.

$787

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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(714) 706-1823

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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.