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SOLD 4/12/2021
5544 E Echo Street, Highland Park, CA 90042
6
beds
5
baths
3437
ft2
· 5251
ft2 lot
$1,343,000
$400 / ft2
Listing provided courtesy of Listing Broker: Steve Kwon, Keller Williams Realty.
Source CRMLS.
This 5 unit income property is centrally located in the demanding area of Highland Park. It features 3 individual units plus a separate on car garage. The front building has 3 units and behind it sits 2 individual bungalow style studios with its own yard. Three of the units have its own laundry hook ups. It is fully occupied.
HOA
$—/month
On market
18 days
Year built
1923
Property type
Multi-Family
Parking
1
MLS
AR21008546
Price / Sq.Ft.
$400 / ft2
Status
Closed
Flyhomes Cash Offer
Based on a price of $1,375,000
Rebate:
Cash Offer Costs:
Net Rebate:
Negotiating Power:
Flyhomes Cash Offer
$0
$0
+$267/day
$0
Best
Flyhomes Guaranteed Offer
$6,875
- -
$6,875
Better
Discount Brokerage
$5,138
not offered
$5,138
Average
Traditional Brokerage
$0
not offered
$0
Variable
Legal Disclaimer: The Savings Calculator is intended for planning and educational purposes only, and should not be solely relied upon in your decision to participate in Flyhomes’ Cash Offer or other programs.Read more
Property Details
Interior Features & Layout
Appliances
•   
Laundry Details: Gas Dryer Hookup, Washer Hookup
•   
Laundry: 1
Rooms Info
•   
Average3 Bed Area Units: Square Feet
•   
Average Studio Area Units: Square Feet
•   
Average2 Bed Area Units: Square Feet
•   
Average1 Bed Area Units: Square Feet
Interior Size
•   
Building Area Total: 3437.00
Property, Lot, Community & Exterior Features
Parking Info
•   
Garage Spaces: 1.00
Building Info
•   
Building Area Units: Square Feet
•   
Zoning: LARD2
•   
Stories Total: 2
•   
Num Stories: Two
•   
Year Built Source: Assessor
Lot Info
•   
Lot Features: Front Yard, Yard
•   
Lot Size Source: Assessor
•   
Elevation Units: Feet
•   
Lot Size Acres: 0.1205
•   
Lot Size Area: 5251.0000
•   
Lot Size Units: Square Feet
Community Info
•   
Number Of Buildings: 4
•   
Total Units: 5
Property Features
•   
Common Walls: 1 Common Wall
Utilities & Other Information
Utilities
•   
Number Of Separate Electric Meters: 3
•   
Number Of Separate Gas Meters: 1
•   
Number Of Separate Water Meters: 1
Water & Sewer Info
•   
Water Source: Public
•   
Sewer: Public Sewer
Listing Details, Costs & Financing Information
Financial Info
•   
Water Sewer Expense: 2100.00
•   
Fuel Expense: 0.00
•   
Trash Expense: 900.00
•   
New Taxes Expense: 17524.00
•   
Insurance Expense: 2100.00
•   
Professional Management Expense: 0.00
•   
Total Expenses: 27714.00
•   
Gross Scheduled Income: 93984.00
•   
Operating Expense: 27714.00
•   
Rent Control Yn: 1
Tax/Assessment Info
•   
Gross Income: 93984.00
•   
Tax Year: 2020
•   
Taxes: 8421.0
Lease Info
•   
Net Operating Income: 66270.00
Listing Info
•   
Status: Closed
Other
•   
Electric Expense: 3000.00
Multi Unit Information
Unit 3 Information
•   
Unit 3 Bedrooms: 2
•   
Unit 3 Actual Rent: 1152.00
•   
Unit 3 Total Units: 1
•   
Unit 3 Furnished Units: Unfurnished
•   
Unit 3 Garage Spaces: 0.00
•   
Unit 3 Bathrooms: 1
•   
Unit 3 Total Rent: 1152.00
Unit 2 Information
•   
Unit 2 Actual Rent: 2500.00
•   
Unit 2 Bedrooms: 2
•   
Unit 2 Total Units: 1
•   
Unit 2 Furnished Units: Unfurnished
•   
Unit 2 Bathrooms: 1
•   
Unit 2 Garage Spaces: 0.00
•   
Unit 2 Total Rent: 2500.00
Unit 1 Information
•   
Unit 1 Bedrooms: 2
•   
Unit 1 Total Units: 1
•   
Unit 1 Furnished Units: Unfurnished
•   
Unit 1 Garage Spaces: 0.00
•   
Unit 1 Bathrooms: 1
•   
Unit 1 Actual Rent: 2000.00
•   
Unit 1 Total Rent: 2000.00
Unit 4 Information
•   
Unit 4 Actual Rent: 1145.00
•   
Unit 4 Total Units: 1
•   
Has Attached Garage
•   
Unit 4 Furnished Units: Unfurnished
•   
Unit 4 Total Rent: 1145.00
•   
Unit 4 Bathrooms: 1
•   
Unit 4 Garage Spaces: 1.00
Unit 5 Information
•   
Unit 5 Actual Rent: 1035.00
•   
Unit 5 Total Units: 1
•   
Unit 5 Furnished Units: Unfurnished
•   
Unit 5 Total Rent: 1035.00
•   
Unit 5 Garage Spaces: 0.00
•   
Unit 5 Bathrooms: 1
Multi Unit Information
•   
# Of Units: 5
School Neighborhood & Directions
Location
•   
Community Features: Curbs
School Info
•   
Directions: between S Ave. 56 and Roselawn Pl
Other
Calculation
•   
Dom: 19
•   
Cdom: 85
The information contained in this listing has not been verified by Flyhomes and should be verified by the buyer.

Data last updated: May 13, 2021 9:06pm
Neighborhood snapshot
98
Properties for sale
12
Median days on market
$635.82
Median sold price/sqft
106.23%
Sold/List %
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Property History
04/12/2021
04/12/2021
Public Record
sold
Public Record
$1,343,000
--2.33%
04/12/2021
04/12/2021
CRMLS #AR21008546
sold
CRMLS #AR21008546
$1,375,000
02/02/2021
02/02/2021
CRMLS #AR21008546
pending
CRMLS #AR21008546
$1,375,000
01/14/2021
01/14/2021
CRMLS #AR21008546
active
CRMLS #AR21008546
$1,375,000
+147.75%
10/14/2011
10/14/2011
Public Record
sold
Public Record
$555,000
--5.93%
See more property history
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