NOT LISTED FOR SALE

Estimated Value: $578,000 - $862,000

4 Beds
2 Baths
1,180 Sq Ft
$569/Sq Ft Est. Value

Last Sold September 07, 2021

Last sale price $505,000 $428 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $4,098/month

83 Days on Market

Highlights

  • Park
  • Laundry Room
  • Bike Trail

About This Home

As of September 2021

Location, Location, Location!!! High Demand and Desirable Boyle Heights properties with possible potential for a 3rd unit? The 3rd Middle Building was once being used as a Studio Apartment and may have potential to become an ADU. Minutes to DTLA and Walking distance to the Metro, easy access to freeways and Neighborhood Eateries, Parks and Perks. These 2 Units are very unique because they face opposite directions(122 Jullien st/123 Rivera st) allowing them to be used like 2 Separate homes. Each Unit features 2bd 1ba and each also has a large Laundry Room inside each unit. Both Units have been recently Updated and painted and overall are in very good condition. Kitchens have Granite and Quartz counters. 3rd Build is currently split and being used as 2 storage rooms.

Last Agent to Sell the Property

Robert Serbin

Re/Max Dynasty License #01433755 Listed on: 06/05/2021

Re/Max Dynasty

Last Buyer's Agent

Christopher Arias

Keller Williams SELA License #02124864

Keller Williams SELA

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1926

Lot Details

  • 2,501 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Home Design

  • 1,180 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Additional Features

  • Laundry Room
  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 40
  • Tax Tract Number 5179
  • Assessor Parcel Number 5179002034

Community Details

Overview

  • 3 Buildings
  • 2 Units

Recreation

  • Park
  • Bike Trail

Building Details

  • 2 Leased Units
  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,150
  • Trash Expense $250
  • Water Sewer Expense $700
  • Operating Expense $2,000
  • Gross Income $30,000
  • Net Operating Income $28,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1926

Lot Details

2,501 Sq Ft Lot

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 700.00
  • Zoning: LAR2
  • Property Type: Residential Income
  • Parcel Number: 5179002034
  • Year Built: 1926
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 427.97

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: Yes
  • Laundry Features: Individual Room, Inside
  • Sewer: Public Sewer
  • Trash Expense: 250.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Biking, Curbs, Park, Sidewalks, Storm Drains, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 2501.00
  • Lot Size Acres: 0.0574

Multi Family

  • Gross Income: 30000.00
  • Gross Scheduled Income: 30000.00
  • Insurance Expense: 1150.00
  • Lot Size Area: 2501.0000 Square Feet
  • Net Operating Income: 28000.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 2000.00
  • Rent Control: Yes
  • Total Expenses: 2000.00

Tax Info

  • Tax Census Tract: 2041.10
  • Tax Lot: 40
  • Tax Tract Number: 5179

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 21, 2015
Sold by
Aceves William and Aceves Timoteo
Bought by
Aceves William and Aceves Linda
Current Estimated Value
$671,314

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,000
Outstanding Balance
$179,701
Interest Rate
3.76%
Mortgage Type
New Conventional
Estimated Equity
$491,613

Purchase Details

Closed on
May 12, 2011
Sold by
Aceves Linda
Bought by
Aceves William

Purchase Details

Closed on
Apr 20, 2011
Sold by
Armenta Rebecca and Armenta Katherine D
Bought by
Aceves William and Aceves Timoteo

Purchase Details

Closed on
Mar 5, 2008
Sold by
Armenta Rebecca and Armenta Katherine D
Bought by
Armenta Rebecca and Armenta Katherine D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 1, 2000
Sold by
Armenta Rebecca
Bought by
Armenta Rebecca and Armenta Katherine D
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Aceves William -- First American Title Company
Aceves William -- None Available
Aceves Timoteo -- None Available
Aceves William $78,000 None Available
Armenta Rebecca -- Chicago Title Company
Armenta Rebecca -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Aceves William $236,000
Previous Owner Armenta Rebecca $60,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/07/2021 09/07/21 Sold $505,000 +2.0% $428 / Sq Ft
08/27/2021 08/27/21 For Sale $495,000 -2.0% $419 / Sq Ft
08/19/2021 08/19/21 Off Market $505,000 -- --
06/25/2021 06/25/21 Price Changed $495,000 -10.0% $419 / Sq Ft
06/05/2021 06/05/21 For Sale $550,000 -- $466 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $7,802 $644,152 $451,013 $193,139
2024 $7,802 $631,522 $442,170 $189,352
2023 $7,652 $619,140 $433,500 $185,640
2022 $7,295 $607,000 $425,000 $182,000
2021 $3,053 $241,797 $136,166 $105,631
2020 $3,081 $239,318 $134,770 $104,548
2019 $2,964 $234,627 $132,128 $102,499
2018 $2,908 $230,028 $129,538 $100,490
2016 $2,770 $221,098 $124,509 $96,589
2015 $2,168 $170,558 $85,279 $85,279
2014 $2,187 $167,218 $83,609 $83,609
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW21121512

California Regional Multiple Listing Service (CRMLS)

APN: 5179-002-034

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