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2166 Echo Park Ave, Los Angeles, CA 90026
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2166 Echo Park Ave Los Angeles, CA 90026

$1,189,000 Sold Price as of 04/09/2024
  • 4 Beds
  • 2 Baths
  • 1,556 Sq.Ft.
Sold
$1,189,000 Sold Price as of 04/09/2024 Refinance Your Mortgage
Map preview of 2166 Echo Park Ave, Los Angeles, CA 90026

Property Overview: 2166 Echo Park Ave Los Angeles, CA has 4 bedrooms, 2 bathrooms, 1,556 living square feet and 4,956 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Welcome to this incredible duplex situated on the edge of Silver Lake/Echo Park and Elysian Valley. This charming duplex offers a unique opportunity to either add value or live in one unit while renting out the other to assist with mortgage payments. Nestled in a wonderful location, this property features two detached 2-bedroom, 1-bathroom homes, providing ample living space for occupants. There is a bonus space built out above one of the units that allows extra storage or flexible space. The layout presents numerous possibilities and allows for creative customization to suit your preferences. With a keen eye for investment, this property holds immense potential. Whether you are a savvy investor seeking to maximize returns or a homeowner looking to offset mortgage costs, this duplex offers the perfect opportunity. Beyond its promising financial prospects, this property boasts an enviable location. Situated on the edge of popular neighborhoods, such as Silver Lake, Echo Park, and Elysian Valley, you will have easy access to a myriad of trendy cafes, restaurants, boutiques, and entertainment options. Enjoy the vibrant local scene, renowned for its artistic flair and cultural diversity. Additionally, the surrounding area offers beautiful parks and outdoor spaces, perfect for recreation and relaxation. Take advantage of nearby hiking trails, bike paths, and the picturesque Los Angeles River, all just moments away from your doorstep. Don't miss out on this lovely property with endless potential. Whether you are an investor or a homeowner looking to make the most of your investment, this duplex is an opportunity not to be overlooked. Schedule a viewing today and experience all that this incredible property can offer!!

Listed by Alin Glogovicean | BRE #01327641 | Redfin Corporation
Last checked: 14 minutes ago | Last updated: April 9th, 2024 | Source CRMLS | DOM: 6

Home details

Lot Sq. Ft
4,956
HOA Dues
$0/mo
Year built
1903
Garage
--
Property Type:
Triplex
Status
Sold
MLS#
BB24034443
City
Los Angeles
County
Los Angeles
Time on Site
80 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 2
  • # of Leased Units: 0
  • # of Electric Meters: 3
  • # of Gas Meters: 3
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $3,000
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $72,000
  • Net Operating Income: $67,200
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $4,800
  • Electric: $0
  • Gas/Fuel: $0
  • Trash: $1,400
  • Insurance: $2,000
  • Water/Sewer: $1,400

Virtual Tour

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Property Details for 2166 Echo Park Ave

Interior Features
Laundry Information
  • Has Laundry
  • Individual Room
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: Back Yard, Front Yard, Near Public Transit, Park Nearby, Walkstreet, Yard
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 5420035024
  • Year Built Source: Public Records
  • Entry Level: 1
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Sunset Blvd - North on Echo park Blvd
Neighborhood Information
  • Community Features: Curbs, Dog Park, Hiking, Mountainous, Sidewalks, Storm Drains, Street Lights
View more facts & features

Local Los Angeles Agent

Sale History for 2166 Echo Park Ave

Last sold for $1,189,000 on April 9th, 2024

  • April, 2024

  • Apr 9, 2024

    Date

    Sold

    CRMLS: BB24034443

    $1,189,000

    Price

  • Feb 21, 2024

    Date

    Active

    CRMLS: BB24034443

    $1,189,000

    Price

  • February, 2024

  • Feb 21, 2024

    Date

    Canceled

    CRMLS: BB24007655

    $1,200,000

    Price

  • Jan 17, 2024

    Date

    Active

    CRMLS: BB24007655

    $1,200,000

    Price

  • Listing provided courtesy of CRMLS

  • March, 2013

  • Mar 26, 2013

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • July, 2010

  • Jul 9, 2010

    Date

    Sold (Public Records)

    Public Records

    $635,000

    Price

  • November, 2007

  • Nov 21, 2007

    Date

    Sold

    CRMLS: 12091934

    $567,000

    Price

  • May 9, 2007

    Date

    Active

    CRMLS: 12091934

    $659,000

    Price

  • Listing provided courtesy of CRMLS

    Don't miss out on this great opportunity to own a great income property in the heart of LA. Just minutes from downtown, this property is located in the epicenter of the constantly growing community of Echo Park. The property consists of two 2 bed units and one 1 bed unit which could generate a great income due to the strong rental market in the area. Not often do these properties hit the market in this area. Pleasant grounds and surroundings, and tons of character make this a perfect owner user. 2 units delivered vacant at close of escrow.

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Tax History for 2166 Echo Park Ave

Assessed Value (2020): $776,925
Year Land Value Improved Value Assessed Value
2020 $495,431 $281,494 $776,925

Home Value Compared to the Market

This property vs the competition

2166 Echo Park Ave sold on April 9, 2024 for 0.08% lower 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 $764.14 per/sqft which puts the price per square foot 1.21% higher than the current median sale per square foot for the city of Los Angeles.

About 2166 Echo Park Ave

Detailed summary of property

2166 Echo Park Ave is a triplex that recently sold in Los Angeles, CA 90026. This triplex offered 4 bedrooms, 2 bathrooms, roughly 1,556 living square feet, and sits on an approximately 4,956 square foot lot. 2166 Echo Park Ave was first listed on ArdentRealEstateGroup.com on February 22, 2024. The homeowner sold the property for $1,189,000. 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 0.08% lower than the current median priced home. Local homes that are currently for sale include 1932 Park Ave, 1932 Park Ave and 2314-2316 Elmgrove St. While the average home in Los Angeles, CA is selling in 93 days, 2166 Echo Park Ave has a days on market of 6 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 2166 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 2166 Echo Park Ave

Public county record property details
Beds
4
Baths
3
Year built
1903
Sq. Ft.
1,556
Lot Size
4,955
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
26
APN
5420-035-024

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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Thinking of Selling?
Call, Text or Message
(714) 706-1823

Homes for Sale Near 2166 Echo Park Ave

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Recently Sold Homes Near 2166 Echo Park Ave

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$2,310,000 Last Sold Price
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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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