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1823 Echo Park Ave, Los Angeles, CA 90026
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1823 Echo Park Ave Los Angeles, CA 90026

$1,215,000 Sold Price as of 08/19/2021
  • 3 Beds
  • 2 Baths
  • 1,587 Sq.Ft.
Sold
$1,215,000 Sold Price as of 08/19/2021 Refinance Your Mortgage
Map preview of 1823 Echo Park Ave, Los Angeles, CA 90026

Property Overview: 1823 Echo Park Ave Los Angeles, CA has 3 bedrooms, 2 bathrooms, 1,587 living square feet and 3,929 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: This two on a lot is Ideal for the savvy investor seeking to add to their retirement portfolio, or for a buyer seeking mortgage relief in this challenging market. Both homes will be delivered vacant, accommodating the needs of the new owner. Situated high above the street, each home has its own distinctive style and character. House ONE is a 2 bedroom, 1 bath in 915 SF (assessor) with bamboo floors, living & dining room, spacious kitchen, arched wood windows and a large front porch with DTLA views. House TWO is a 1 bedroom, 1 bath in 672 SF (assessor) with dark bamboo floors, open living & dining, French doors, remodeled kitchen & bath, front porch and a deck / lounge area. Each unit has central air / heat and personal laundry / washer & dryer. The location is unbeatable with an abundance of restaurants, cafes, markets, parks and hiking trails nearby. This also contributes greatly to the desirability of the rental market in this area.

Listed by Robert Carey | BRE #01351849 | Compass
Last checked: 4 minutes ago | Last updated: May 5th, 2022 | Source CRMLS | DOM: 11

Home details

Lot Sq. Ft
3,929
HOA Dues
$0/mo
Year built
1928
Garage
2 Car
Property Type:
Multi Family
Status
Sold
MLS#
21758870
City
Los Angeles
County
Los Angeles
Time on Site
1061 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $3,300
  • Total Rent: $0
  • Pro Forma/Market Rent: $3,300
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,800
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,800
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 0
  • Gross Scheduled Income: --
  • Net Operating Income: $0
  • Gross Operating Income: $0
Annual Expense Breakdown
  • Total Operating Expense: --

Virtual Tour

Use the following link to view this property's virtual tour:

Property Details for 1823 Echo Park Ave

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Forced Air
Laundry Information
  • Has Laundry
  • Washer Included, Dryer Included
Room Information
  • Flooring: Bamboo, Tile
Kitchen Information
  • Has Appliances
  • Dishwasher
Interior Features
  • Ceiling Fan(s)
  • Security Features: Gated Community
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 2
  • Has Parking
  • Parking Features: Garage - Two Door
Property Information
  • Total # of Units: 2
  • Parcel Number: 5420024009
Location / Neighborhood
Location Information
  • Directions: Echo Park between Effie and Armitage
View more facts & features

Local Los Angeles Agent

Sale History for 1823 Echo Park Ave

Last sold for $1,215,000 on August 19th, 2021

  • August, 2021

  • Aug 19, 2021

    Date

    Sold

    CRMLS: 21758870

    $1,215,000

    Price

  • Aug 13, 2021

    Date

    Pending

    CRMLS: 21758870

    $989,000

    Price

  • Aug 2, 2021

    Date

    Active

    CRMLS: 21758870

    $989,000

    Price

  • June, 2021

  • Jun 26, 2021

    Date

    Expired

    CRMLS: 21733830

    $1,099,000

    Price

  • Jun 6, 2021

    Date

    Active

    CRMLS: 21733830

    $1,099,000

    Price

  • May 28, 2021

    Date

    Active Under Contract

    CRMLS: 21733830

    $1,099,000

    Price

  • May 20, 2021

    Date

    Active

    CRMLS: 21733830

    $1,099,000

    Price

  • Listing provided courtesy of CRMLS

    Endless opportunity awaits with this 1920s duplex located right smack dab in the middle of prime Echo Park. Two separate structures that sit up off the street comprise this investment opportunity that will be delivered vacant. The larger of the 2 homes features two bedrooms, full bath, open kitchen w/ dining area, light drenched living room and a large sitting porch w/ views of Downtown LA. Second home features a large bedroom, gracious bathroom, updated galley kitchen, expansive great room, front porch and an outdoor nook. Lots of systems upgrades on both properties as well as a two car garage and additional off street parking. Each unit has its own washer/dryer inside. Super close to Valerie, Cookbook and Lady Byrd Cafe. Easy access to DTLA and all things NELA.

  • May, 2021

  • May 20, 2021

    Date

    Canceled

    CRMLS: 21716086

    $1,195,000

    Price

  • Apr 8, 2021

    Date

    Active

    CRMLS: 21716086

    $1,195,000

    Price

  • Listing provided courtesy of CRMLS

    Endless opportunity awaits with this 1920s duplex located right smack dab in the middle of prime Echo Park. Two separate structures that sit up off the street comprise this investment opportunity that will be delivered vacant. The larger of the 2 homes features two bedrooms, full bath, open kitchen w/ dining area, light drenched living room and a large sitting porch w/ views of Downtown LA. Second home features a large bedroom, gracious bathroom, updated galley kitchen, expansive great room, front porch and an outdoor nook. Lots of systems upgrades on both properties as well as a two car garage and additional off street parking. Super close to Valerie, Cookbook and Lady Byrd Cafe. Easy access to DTLA and all things NELA.

  • September, 2008

  • Sep 12, 2008

    Date

    Sold (Public Records)

    Public Records

    $359,000

    Price

  • September, 2007

  • Sep 25, 2007

    Date

    Sold (Public Records)

    Public Records

    $607,500

    Price

Show More

Tax History for 1823 Echo Park Ave

Assessed Value (2020): $422,710
Year Land Value Improved Value Assessed Value
2020 $316,740 $105,970 $422,710

Home Value Compared to the Market

This property vs the competition

1823 Echo Park Ave sold on August 19, 2021 for 12.48% lower than the current median sold price for the city of Los Angeles which is $1,130,000. The median sold price per/sqft for Los Angeles is $754 and this home is sold at $623.19 per/sqft which puts the price per square foot 17.35% lower than the current median sale per square foot for the city of Los Angeles.

About 1823 Echo Park Ave

Detailed summary of property

1823 Echo Park Ave is a multi family that recently sold in Los Angeles, CA 90026. This multi family property offered 3 bedrooms, 2 bathrooms, roughly 1,587 living square feet, and sits on an approximately 3,929 square foot lot. 1823 Echo Park Ave was first listed on ArdentRealEstateGroup.com on August 2, 2021. The homeowner sold the property for $1,215,000. Home in Los Angeles are selling for a median price of $1,130,000 and a median price per square foot of $754. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 12.48% lower than the current median priced home. Local homes that are currently for sale include 2154 Santa Ynez St, 2679 Knox Ave and 1920-1922 Mellon Ave. While the average home in Los Angeles, CA is selling in 99 days, 1823 Echo Park Ave has a days on market of 11 days. There are currently 3982 homes for sale in the Los Angeles real estate market and 2673 of them are single family homes while 1195 of them are condos and 107 are townhomes. For more information on this home for sale at 1823 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 1823 Echo Park Ave

Public county record property details
Beds
3
Baths
2
Year built
1928
Sq. Ft.
1,587
Lot Size
3,928
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
97,98
APN
5420-024-009

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
$1,199,000
Median List Price/Sq.Ft.
$820
Median Sold Price
$1,540,000
Median Sold Price/Sq.Ft.
$1,098
Total Inventory
72
Median Sale to List Price %
110.39%
Avg Days on Market
23
Loan Type
Conventional (18.18%), FHA (0%), VA (0%), Cash (9.09%), Other (18.18%)

Thinking of Selling?

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Thinking of Selling?
Call, Text or Message
(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.

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