131 S Boyle Ave Los Angeles, CA 90033
Estimated payment $11,395/month
Total Views
338
1
Bed
3
Baths
4,709
Sq Ft
$372
Price per Sq Ft
Highlights
- 0.23 Acre Lot
- 1-minute walk to Mariachi Plaza
- Bike Trail
- Felicitas and Gonzalo Mendez High Rated A-
- Park
About This Home
Mariachi Plaza Apartments is a 15-unit apartment community constructed in 1887. Situated on a 10,167 square feet lot, the property consists of (3) Studio/One-Bathroom units, (2) One-Bedroom/Shared-Bathroom units, and (10) Studio/Shared-Bathroom units, totaling an average of 219 square feet per unit.
Each unit on the property features its own cooktop, providing added convenience for residents. For units with shared bathroom access, the first floor is equipped with a shower room, two toilet stalls, and one full bathroom, while the second floor offers an additional full bathroom. The property includes 13 on-site parking spaces, three of which are currently unleased, presenting potential income opportunities for new ownership. Six spaces—three in tandem—are leased to the adjacent housing operator, who maintains cleanliness by providing daily hall and shared bathroom cleaning services. Additionally, the property is master metered for both gas and electricity, streamlining utility management.
There have been significant capital expenditures over the last five years including: re-piped plumbing, HVAC upgrades, and electrical system upgrades.
CONTACT BROKER FOR ADDITIONAL INFORMATION!
Listing Agent
NorthMarq Realty Services, Inc Brokerage Phone: 213-248-7047 License #02207186 Listed on: 08/06/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $21,759
Year Built
- Built in 1887
Lot Details
- 10,167 Sq Ft Lot
- 1 Common Wall
- Density is up to 1 Unit/Acre
Home Design
- Apartment
Interior Spaces
- 4,709 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 1 Bedroom
- 3 Bathrooms
Parking
- 13 Open Parking Spaces
- 13 Parking Spaces
Utilities
- Water Not Available
- Sewer Not Available
Additional Features
- Rain Gutters
- Urban Location
Listing and Financial Details
- Tax Lot A
- Tax Tract Number 1545
- Assessor Parcel Number 5174013022
- $752 per year additional tax assessments
Community Details
Overview
- 15 Units
Recreation
- Park
- Dog Park
- Bike Trail
Building Details
- Other Expense $85,482
- Operating Expense $85,482
- Gross Income $208,304
- Net Operating Income $143,571
Map
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Home Values in the Area
Average Home Value in this Area
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 | $21,759 | $1,786,010 | $1,071,606 | $714,404 |
| 2024 | $21,759 | $1,750,992 | $1,050,595 | $700,397 |
| 2023 | $21,342 | $1,716,660 | $1,029,996 | $686,664 |
| 2022 | $20,358 | $1,683,000 | $1,009,800 | $673,200 |
| 2021 | $20,098 | $1,650,000 | $990,000 | $660,000 |
| 2020 | $9,794 | $757,701 | $487,093 | $270,608 |
| 2019 | $9,424 | $742,845 | $477,543 | $265,302 |
| 2018 | $9,321 | $728,280 | $468,180 | $260,100 |
| 2016 | $8,879 | $700,000 | $450,000 | $250,000 |
| 2015 | $6,795 | $525,000 | $325,000 | $200,000 |
| 2014 | -- | $50,553 | $26,577 | $23,976 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/06/2025 08/06/25 | For Sale | $1,750,000 | 0.0% | $372 / Sq Ft |
| 03/05/2025 03/05/25 | Off Market | $1,095 | -- | -- |
| 01/17/2025 01/17/25 | Price Changed | $1,095 | 0.0% | $4 / Sq Ft |
| 01/17/2025 01/17/25 | For Rent | $1,095 | -42.3% | -- |
| 03/25/2024 03/25/24 | Price Changed | $1,899 | +73.4% | $7 / Sq Ft |
| 02/16/2024 02/16/24 | Price Changed | $1,095 | +9.6% | $4 / Sq Ft |
| 02/16/2024 02/16/24 | Price Changed | $999 | -8.8% | $4 / Sq Ft |
| 12/06/2023 12/06/23 | For Rent | $1,095 | 0.0% | -- |
| 12/31/2020 12/31/20 | Sold | $1,650,000 | -10.8% | $350 / Sq Ft |
| 10/29/2020 10/29/20 | Pending | -- | -- | -- |
| 09/08/2020 09/08/20 | For Sale | $1,850,000 | +164.3% | $393 / Sq Ft |
| 09/02/2015 09/02/15 | Sold | $700,000 | -20.4% | $149 / Sq Ft |
| 09/01/2015 09/01/15 | Pending | -- | -- | -- |
| 05/20/2015 05/20/15 | For Sale | $879,000 | +67.4% | $187 / Sq Ft |
| 12/05/2014 12/05/14 | Sold | $525,000 | -24.9% | $111 / Sq Ft |
| 11/11/2014 11/11/14 | Pending | -- | -- | -- |
| 05/20/2014 05/20/14 | For Sale | $699,000 | -- | $148 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $1,650,000 | Stewart Title Of Ca Inc | |
| Grant Deed | -- | None Available | |
| Grant Deed | $700,000 | North American Title | |
| Grant Deed | $525,000 | None Available | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,215,500 | New Conventional | |
| Closed | $1,647,500 | Commercial | |
| Previous Owner | $190,000 | Unknown | |
| Previous Owner | $90,000 | Commercial | |
| Previous Owner | $147,000 | Commercial |
Source: Public Records
Similar Homes in Los Angeles, CA
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC25176555
APN: 5174-013-022
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
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. Properties may or may not be listed by the office/agent presenting the information
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