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2105 Echo Park Ave, Los Angeles, CA 90026
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2105 Echo Park Ave Los Angeles, CA 90026

$1,465,000 Sold Price as of 03/06/2024
  • 4 Beds
  • 5 Baths
  • 2,565 Sq.Ft.
Sold
$1,465,000 Sold Price as of 03/06/2024 Refinance Your Mortgage
Map preview of 2105 Echo Park Ave, Los Angeles, CA 90026

Property Overview: 2105 Echo Park Ave Los Angeles, CA has 4 bedrooms, 5 bathrooms, 2,565 living square feet and 6,018 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Fantastic New Price for this Lovely Dutch Colonial fourplex nestled in the heart of Prime Echo Park amidst a vibrant community. Front facing, 2 Bedroom, 2 Bath Owner's unit vacant and perfect for owner/user. Wonderfully situated in a peaceful, verdant valley just moments away to local shops and restaurants like Valerie, Lady Byrd Cafe, Baceti and so much more. This fantastic property offers a terrific blend of modern updates and timeless appeal as well as being an ideal owner/user setup. Live in one and collect rent from the 3 other units. Echo Park Avenue has been owned by same owner for almost 20 years and has been well maintained and upgraded. The property consists of a lovely two story duplex in front, each with 2BR's, and a charming rear duplex, two side-by-side studios, providing flexibility and privacy for both owners and tenants. One of the studios is currently being utilized as an Airbnb, presenting an excellent opportunity for additional income. You'll be delighted by the mature trees that envelop the property and communal areas, creating a tranquil oasis in the heart of the city. Looking towards the future, this property presents a compelling investment opportunity and considerable upside potential. Echo Park's popularity continues to rise and the demand for quality living spaces in this coveted area is ever-growing, making this fourplex an excellent long-term asset. Don't miss your chance to own a piece of Echo Park's vibrant lifestyle. Embrace the charm, convenience, and income potential offered by this character fourplex.

Listed by Henry Plascencia | BRE #01250465 | Compass
Last checked: 3 minutes ago | Last updated: March 6th, 2024 | Source CRMLS | DOM: 158

Home details

Lot Sq. Ft
6,018
HOA Dues
$0/mo
Year built
1912
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
23293591
City
Los Angeles
County
Los Angeles
Time on Site
255 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,893
  • Total Rent: $1,893
  • Pro Forma/Market Rent: $3,250
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,157
  • Total Rent: $1,157
  • Pro Forma/Market Rent: $1,800
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,800
  • Total Rent: $1,800
  • Pro Forma/Market Rent: $1,800
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $3,500
  • Total Rent: $0
  • Pro Forma/Market Rent: $3,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 4%
  • Gross Rent Multiplier: 16.4
  • Gross Scheduled Income: --
  • Net Operating Income: $65,639
  • Gross Operating Income: $100,200
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 2105 Echo Park Ave

Interior Features
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Washer Included, Dryer Included, Inside
Room Information
  • Flooring: Carpet, Wood
Kitchen Information
  • Has Appliances
  • Dishwasher, Refrigerator
Interior Features
  • Levels: Multi/Split
  • Security Features: Gated Community
Exterior Features
Exterior Information
  • Other Structures: Shed(s)
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 2
  • Has Parking
  • Parking Features: Parking Space, Uncovered
Property Information
  • Has View
  • View: Hills
  • Total # of Units: 4
  • Parcel Number: 5420020002
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Other
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: North of Baxter, South of Cerro Gordo
View more facts & features

Local Los Angeles Agent

Sale History for 2105 Echo Park Ave

Last sold for $1,465,000 on March 6th, 2024

  • March, 2024

  • Mar 6, 2024

    Date

    Sold

    CRMLS: 23293591

    $1,465,000

    Price

  • Aug 30, 2023

    Date

    Active

    CRMLS: 23293591

    $1,639,000

    Price

  • July, 2004

  • Jul 9, 2004

    Date

    Sold (Public Records)

    Public Records

    $750,000

    Price

  • November, 2003

  • Nov 21, 2003

    Date

    Sold (Public Records)

    Public Records

    $620,000

    Price

Show More

Tax History for 2105 Echo Park Ave

Assessed Value (2020): $955,906
Year Land Value Improved Value Assessed Value
2020 $764,729 $191,177 $955,906

Home Value Compared to the Market

This property vs the competition

2105 Echo Park Ave sold on March 6, 2024 for 25.63% 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 $582.85 per/sqft which puts the price per square foot 22.8% lower than the current median sale per square foot for the city of Los Angeles.

About 2105 Echo Park Ave

Detailed summary of property

2105 Echo Park Ave is a multi family that recently sold in Los Angeles, CA 90026. This multi family property offered 4 bedrooms, 5 bathrooms, roughly 2,565 living square feet, and sits on an approximately 6,018 square foot lot. 2105 Echo Park Ave was first listed on ArdentRealEstateGroup.com on August 31, 2023. The homeowner sold the property for $1,465,000. 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 25.63% higher than the current median priced home. Local homes that are currently for sale include 2751 Partridge Ave, 2229 Shoredale Ave and 2229 Shoredale Ave. While the average home in Los Angeles, CA is selling in 93 days, 2105 Echo Park Ave has a days on market of 158 days. There are currently 3618 homes for sale in the Los Angeles real estate market and 2437 of them are single family homes while 1084 of them are condos and 92 are townhomes. For more information on this home for sale at 2105 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 2105 Echo Park Ave

Public county record property details
Beds
4
Baths
4
Year built
1912
Sq. Ft.
2,565
Lot Size
6,017
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
2
APN
5420-020-002

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.
$766
Median Sold Price
$1,450,000
Median Sold Price/Sq.Ft.
$817
Total Inventory
62
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%)

Thinking of Selling?

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(714) 706-1823

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Recently Sold Homes Near 2105 Echo Park Ave

1549 Baxter St, Los Angeles, CA 90026
$2,310,000 Last Sold Price
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6 Baths
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$980,000 Last Sold Price
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2166 Echo Park Ave, Los Angeles, CA 90026
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2004 Echo Park Ave, Los Angeles, CA 90026
$1,255,500 Last Sold Price
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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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