2 months on rocket

1661 Echo Park Ave, Los Angeles, CA, 90026

$1,990,000

Home List Price

$10,000*

Closing Credit

11 Bedrooms
5 Baths
3,858 SqFt
$516/SqFt
House

Location

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1661 Echo Park Ave, Los Angeles$1,990,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeOther
ParkingAssigned, Driveway
Year Built1923
HeatingCentral
MLS #24446921
Lot Size0.12 Acres
StatusActive

About 1661 Echo Park Ave

Boardwalk Real Estate Inc. and Kidder Mathews are pleased to present 4 units along prime Echo Park Avenue for sale. The 4,012 SF property, spread across 5,242 SF of land, consists of two duplexes and is located at 1661 Echo Park Ave, Los Angeles, CA 90026. The fully occupied property lends itself to an investor looking for optimal cash flow with minimal maintenance. All four units are separately metered for gas and electricity. The front duplex, facing Echo Park Ave, was completely renovated in 2015 with recent improvements for insulation and sound transmission completed in 2024. The ground unit consists of three bedrooms and 2 bathrooms, and the upstairs unit is two bedrooms and one bathroom with its own separate entrance and balcony. The driveway is shared between both units. The rear duplex consists of two, three bedroom and one bathroom units.The property is situated next door to the popular Valerie Confections and only a short walk to trendy spots like Canyon Coffee and Bacetti. It is .5 miles from Sunset Blvd and provides easy access to 101 and 110 freeways, allowing seamless connectivity to all of Los Angeles including downtown Los Angeles, Dodger Stadium, and Chinatown. This property offers the perfect blend of urban convenience and neighborhood charm.

Property Details

Property Features

Property Information:

  • Architectural Style: Colonial
  • Year Built: 1923
  • Stories: 2
  • Living Area: 3,858 SqFt

Listing Office:

  • Office Name: Boardwalk Real Estate, Inc.
  • Office Phone: (310) 820-2584
  • Listing Agent: Tai Kagehiro

Interior Features

Interior Information:

  • Appliances: Dishwasher, Refrigerator

Bedroom and Bathroom Information:

  • Total Bedroom Count: 11

Exterior Features

Parking Information:

  • Parking: Assigned, Driveway

Lot Features

Lot Information:

  • Lot Size: 0.12 Acres

Utilities

Utilities Information:

  • Heating: Central

Other

Directions Information:

  • Directions: Northwest on Echo Park Avenue

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,990,000
  • Price Per SqFt: $516/SqFt

Tax Information:

  • Annual Amount: $22,688
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

Med. Sold Price

$1.0M

Med. Price/SqFt

$640

Avg. Days On Market

38

# of Sold Homes

1346

1661 Echo Park Ave vs Los Angeles

78 DAYS ON ROCKET

+40 Days

$1,990,000

+$968.4K More

$516/SqFt

-$124 Less

KEY TAKEAWAY

This property is $968.4K more than the Median Sold Price and $124/SqFt less than other homes in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #24446921

Listing Office:

  • Office Name: Boardwalk Real Estate, Inc.
  • Office Phone: (310) 820-2584
  • Listing Agent: Tai Kagehiro

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/18/2024, 4:21:05 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jun 16, 2017Home Sold
$1,758,000
May 29, 1998Home Sold
$300,000
Apr 24, 1998Home Sold
$179,000

Tax History

YEARPROP. TAXASSESSMENT
2021$22,688$1,885,370
2020$22,008$1,865,603
2019$21,868$1,829,023
2018$8,824$1,793,160
2017$8,824$704,581

History based on county public records data.

Payment Calculator

$10K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$6,033

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-43905
6
/10
  • Clifford Street Math & Technology Magent

  • 2150 Duane St

  • 0.46 miles

  • Public District Grades KG-6

school-card-donut-43906
7
/10
  • Elysian Heights Elementary School

  • 1562 Baxter St

  • 0.49 miles

  • Public Magnet Grades KG-6

school-card-donut-43907
3
/10
  • Mayberry Street Elementary School

  • 2414 Mayberry St

  • 0.59 miles

  • Public District Grades KG-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $34,905. Most Los Angeles, CA residents have annual incomes less than $35k. Residents typically live in single, no kids family. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1661 Echo Park Ave

What is the listing price of this property?

The listing price of 1661 Echo Park Ave property is $1,990,000.

What type of property is this?

The property 1661 Echo Park Ave is a house located in Los Angeles, California, 90026.

Is this property for sale now?

Active Listing: 1661 Echo Park Ave is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $22,688 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on June 16, 2017 for $1,758,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1661 Echo Park Ave has 11 bedrooms and 5 bathrooms.

What is the square footage of this property?

The property 1661 Echo Park Ave is 3,858 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1661 Echo Park Ave is 1923.

Rocket HomesCaliforniaLos Angeles CountyLos Angeles900261661 Echo Park Ave

This home is located at 1661 Echo Park Ave in Los Angeles, CA and zip code 90026 in the Central LA neighborhood. This 3,858 square foot home, which was built in 1923, sits on a 0.12 acre lot. Features: 11 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since October 01, 2024 and is currently priced at $1,990,000.

While more than 512 listings in Los Angeles, CA in November 2024 were sold above asking price, there were more than 177 listings sold at asking price, and more than 657 were sold below. Between October 2024 and November 2024, Los Angeles, CA real estate market has seen decrease in the number of listings by 0.6%. In November 2024, listings were on the market for 38 days. During the same period, the median list price in this real estate market was $1,021,532.

From Rocket Homes Real Estate and based on county public records data.

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