See Home Value
$1,305,000 - $1,593,000
House - Off Market

1629 W Preston Ln

Los Angeles, CA 90026
bedrooms
3 Beds
bathrooms
3 Baths
square feet
1948 Sqft
Sold Apr 01, 2024
$1,450,000
$1,160,000 by Citibank, Na
Mortgage Due May 01, 2054
Sold Aug 07, 2018
$658,500
$625,575 by Quicken Loans Inc
Mortgage Due Sep 01, 2048

About This Property

Perched in the Echo Park Hillside with views of downtown, you will find this chic and modern home conceived by Patrick Tighe Architecture. Constructed in 2018, this state-of-the-art residence is equipped with cutting-edge technological advancements, including a NEST thermostat and doorbell, Google Home integration, and premium in-ceiling speaker systems. Engineered for sustainability, it is solar-ready and incorporates an array of energy-efficient components, such as electric vehicle charging infrastructure, LED lighting solutions, highly efficient heating and cooling systems, a tankless hot water heater, and a zero-maintenance exterior. The interior is a beautifully-designed combination of fine finishes and custom features. These include 3/4" hardwood floors, Fleetwood sliding doors, operable skylight, 10' soaring ceilings, and a bespoke metal staircase. The gourmet kitchen offers plenty of space to entertain; custom cabinetry, a 36" chef's oven, and a wine fridge. Not to mention a private patio, 2 car garage, and minutes to all the wonderful spots Echo Park has to offer like Cookbook, The Lonely Oyster, Bacetti, Valerie, and Bar Flores to name a few.

The manager has listed the unit size as 1948 square feet.
Unit Size
1,948Ft²
Days on Market
-
Land Size
0.03 acres
Price per sqft
$744
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2018

Price History

Date / Event Date Event Price
Apr 3, 2024 No longer available -
No longer available
Feb 20, 2024 Listed $1,449,000
Listed

Property Highlights

Air Conditioning
With View

Building Info

Overview

    General

  • Year Built: 2018
  • Effective Year Built: 2018
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Quality: B+
  • Construction Type: Wood
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 1,400
  • Total Building Area: 1,948
  • Building Area: 1,948
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Central heating
  • Heated Square Feet: 1,948
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: TRACT NO. 73148
  • Land Acres: 0.032
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TR=73148 LOT 2

Ownership

  • Current Owner : VAVRA CHRISTOPHER
  • Current Owner 2: RICH MICAELA W
  • Previous Owner : FARRINGTON REVOCABLE TRUST
  • Owner Before Previous Owner: PRESKIN LLC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 208402

Zoning

  • Zoning: LARD1.5

Geography

  • Subdivision Tract Number: 73148
  • Parcel: 5420-022-036
  • Lot: 2
  • Municipality: EAST /LA ECHO PARK
  • Latitude: 34.0873
  • Longitude: -118.252

    Address

  • Full Address: 1629 W Preston Ln
  • Address - House Number: 1629
  • Street Direction: W
  • Address - Street Name: Preston
  • Address - Suffix Type: Ln
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C005
  • 4-Digit Zip Code: 5038
  • Zip Code: 90026

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $13,634
  • Tax Rate Code Area: 00-013

    Appraisal Valuation

  • Standard Deviation: 0.0678
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 96
  • Final Value: 1,451,286
  • High Value: 1,549,761
  • Low Value: 1,352,811

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,160,000
  • First Open Lien Mortgage Lender: CITIBANK, NA
  • First Open Lien Mortgage Recording Date: Apr 01, 2024
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $1,160,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: May 01, 2054

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,125,809
  • Assessed Land Value: $750,540
  • Assessed Improvements Value: $375,269

    Sales

  • Current Sale Contract Date: Mar 06, 2024
  • Current Sale Recording Date: Apr 01, 2024
  • Current Sale Transaction ID: 11923335155
  • Current Sale Price: $1,450,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 207740
  • Previous Sale Recording Date: Aug 07, 2018
  • Previous Sale Contract Date: Jul 09, 2018
  • Previous Sale Amount: $658,500
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: CITIBANK, NA
  • First Mortgage Transaction Date: Apr 01, 2024
  • First Mortgage Loan Amount: $1,160,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2054

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: QUICKEN LOANS INC
  • Previous Mortgage Transaction Date: Aug 07, 2018
  • Previous Mortgage Loan Amount: $625,575
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Sep 01, 2048



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
2 Baths
1,636 ft²
$929/ft²
$1,520,000 Jan 19, 2024
-
-
House
4 Beds
3 Baths
1,582 ft²
$980/ft²
$1,549,900 Sep 7, 2023
-
-
House
2 Beds
1.5 Baths
1,462 ft²
$1,129/ft²
$1,650,000 Jan 31, 2024
-
-
Multifamily
4 Beds
2 Baths
1,556 ft²
$764/ft²
$1,189,000 Feb 21, 2024
-
-
Other
Loft
-
1,544 ft²
$800/ft²
$1,235,000 Feb 12, 2024
-
-
Other
Loft
-
2,565 ft²
$583/ft²
$1,495,000 Aug 30, 2023
-
-

About East LA


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Frequently Asked Questions

When was property at 1629 West Preston Lane built and last sold?
The property at 1629 West Preston Lane was built in 2018 and last sold on Mar 6, 2024 for $1,450,000.
How much is this home worth?
The estimated value of the home located at 1629 West Preston Lane is $1,464,211.
What are some comparable homes to 1629 West Preston Lane?
Homes that are comparable to 1629 West Preston Lane include a house property at 2559 Corralitas Drive, a multifamily property at 2166 Echo Park Avenue, a other property at 2358 Scott Avenue.

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