new - 19 hours on rocket

2416 Echo Park Ave, Los Angeles, CA, 90026

$1,695,000

Home List Price

$10,000*

Closing Credit

5 Bedrooms
6 Baths
3,134 SqFt
$541/SqFt
House

Location

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2416 Echo Park Ave, Los Angeles$1,695,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeOther
ParkingNone
Year Built1907
CoolingCentral Air, Wall/Window Unit(s)
ViewCity Lights, Canyon, Mountain(s)
MLS #24462865
Lot Size0.15 Acres
StatusActive

About 2416 Echo Park Ave

Artsy cabin vibes abound at this creative four unit building at the top of Echo Park ave. Large property with a good unit mix and high quality tenants is now available for its next astute investor. Well maintained building with great views in an excellent and popular location. Units retain much of original details and charm and great floor plans. Great opportunity to own a special income property in a highly desirable and booming location!

Property Details

Property Features

Property Information:

  • Year Built: 1907
  • Stories: 2
  • Living Area: 3,134 SqFt

Listing Office:

  • Office Name: Nourmand & Associates-BH
  • Office Phone: (310) 274-4000
  • Listing Agent: Eric Smilay

Interior Features

Interior Information:

  • Appliances: Refrigerator, Dryer, Washer
  • Interior: Ceiling Fan(s)

Bedroom and Bathroom Information:

  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • View: City Lights, Canyon, Mountain(s)

Parking Information:

  • Parking: None

Lot Features

Lot Information:

  • Lot Size: 0.15 Acres

Utilities

Utilities Information:

  • Cooling: Central Air, Wall/Window Unit(s)

Other

Directions Information:

  • Directions: Sunset to Echo Park Ave to the top.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,695,000
  • Price Per SqFt: $541/SqFt

Tax Information:

  • Annual Amount: $16,009
  • Tax Year: 2021
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Housing Market Comparison

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

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Los Angeles, CA

City

Med. Sold Price

$1.0M

Med. Price/SqFt

$640

Avg. Days On Market

38

# of Sold Homes

1542

2416 Echo Park Ave vs Los Angeles

1 DAY ON ROCKET

-37 Days

$1,695,000

+$671.5K More

$541/SqFt

-$100 Less

KEY TAKEAWAY

This property is $671.5K more than the Median Sold Price and $100/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: #24462865

Listing Office:

  • Office Name: Nourmand & Associates-BH
  • Office Phone: (310) 274-4000
  • Listing Agent: Eric Smilay

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: 11/21/2024, 3:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Apr 05, 2016Home Sold
$305,909

Tax History

YEARPROP. TAXASSESSMENT
2021$16,009$1,328,776
2020$15,529$1,315,152
2019$16,119$1,289,366
2018$15,118$1,264,086
2017$15,118$1,239,300

History based on county public records data.

Payment Calculator

$8,527

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,148

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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-160345
7
/10

  • Elysian Heights Elementary School

  • 1562 Baxter St

  • 0.41 miles

  • Public Magnet Grades KG-6

school-card-donut-160346
7
/10

  • Allesandro Elementary School

  • 2210 Riverside Dr

  • 0.56 miles

  • Public District Grades PK-5

school-card-donut-160347
7
/10

  • Dorris Place Elementary

  • 2225 Dorris Pl

  • 0.63 miles

  • Public District Grades KG-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $70,833. The majority of Los Angeles, CA residents have income less than $35k annually. Most families are single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2416 Echo Park Ave

What is the listing price of this property?

The listing price of 2416 Echo Park Ave property is $1,695,000.

What type of property is this?

The property 2416 Echo Park Ave is a house located in Los Angeles, California, 90026.

Is this property for sale now?

Active Listing: 2416 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 $16,009 (source: MLS/based on county public records data).

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

The last sale was on April 5, 2016 for $305,909. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 2416 Echo Park Ave has 5 bedrooms and 6 bathrooms.

What is the square footage of this property?

The property 2416 Echo Park Ave is 3,134 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 2416 Echo Park Ave is 1907.

Rocket Homes›California›Los Angeles County›Los Angeles›90026›2416 Echo Park Ave

This home is located at 2416 Echo Park Ave in Los Angeles, CA and zip code 90026 in the Central LA neighborhood. This 3,134 square foot home, which was built in 1907, sits on a 0.15 acre lot. Features: 5 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since November 20, 2024 and is currently priced at $1,695,000.

Over 598 listings were sold over their listed price in October 2024 in Los Angeles, CA. In the same period over 753 listings were sold below the listed price and 191 listings were sold for the listed price. In October 2024 in Los Angeles, CA there were 11.2% more homes for sale than in September 2024. In October 2024, listings were on the market for 38 days. During the same period, the median list price in this real estate market was $1,023,474.

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

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