E
Seller's Agent in 2023
Elena Perez
Real Brokerage Technologies
(888) 584-9427
1 in this area
3 Total Sales
1729 E 22nd St Los Angeles, CA 90058
Central Alameda NeighborhoodEstimated Value: $652,000 - $836,727
4
Beds
2
Baths
1,474
Sq Ft
$483/Sq Ft
Est. Value
Highlights
- Detached Guest House
- Lawn
- Tile Countertops
- Gated Parking
- Den
- Living Room
About This Home
As of September 2023Historic income property from the turn of the century in the sought-after S. Central area. Presenting 1729 East 22nd St., a prime income property. Strategically located just minutes from the Los Angeles metro station and a mile from the 10 freeway, this property offers accessibility and convenience. Situated within a 5-mile radius of esteemed institutions such as USC main campus, LA Memorial Coliseum, and Natural History Museum, this property is in an ideal location for attracting a steady stream of tenants. Featuring a 3-bedroom, 1-bath main house. A second unit with 1-bedroom, 1-bath back house, this property provides the perfect setup for generating multiple streams of rental revenue. Detached stucco storage adds convenience and metal shed in backyard. With a large fenced-in yard and patio slab, to enjoy outdoor spaces. The front porch, lawn, and off-street car parking enhance the property's desirability. Live in one, rent out the other or rent them both.
Last Agent to Sell the Property
Real Brokerage Technologies License #02156432 Listed on: 07/02/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,786
Year Built
- Built in 1906
Lot Details
- 5,340 Sq Ft Lot
- No Common Walls
- Chain Link Fence
- Lawn
Home Design
- Duplex
- Bungalow
- Raised Foundation
- Shingle Roof
- Wood Siding
- Plaster
Interior Spaces
- 1,474 Sq Ft Home
- 1-Story Property
- Entryway
- Family Room
- Living Room
- Den
- Utility Room
- Laundry Room
- Laminate Flooring
- Fire and Smoke Detector
Kitchen
- Recirculated Exhaust Fan
- Tile Countertops
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Bathrooms
Parking
- 1 Open Parking Space
- 1 Parking Space
- Parking Available
- Private Parking
- Gated Parking
- Off-Site Parking
Utilities
- Wall Furnace
- Standard Electricity
- Natural Gas Connected
- Water Heater
- Cable TV Available
Additional Features
- Outdoor Storage
- Detached Guest House
- Urban Location
Listing and Financial Details
- Tenant pays for all utilities
- Tax Lot 84
- Tax Tract Number 6
- Assessor Parcel Number 5167014042
Community Details
Overview
- 2 Buildings
- 2 Units
Building Details
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 2 Separate Water Meters
- Insurance Expense $1,000
- New Taxes Expense $7,875
- Operating Expense $8,875
- Gross Income $54,000
- Net Operating Income $45,125
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 2, 2023
Closed on
Aug 23, 2023
Sold by
Perez Family Trust
Bought by
Lopez Reina I and Jimenez Pablo Garcia
Seller's Agent
Elena Perez
Real Brokerage Technologies
Buyer's Agent
Jose S Centeno
Century 21 Masters
List Price
$630,000
Sold Price
$620,000
Premium/Discount to List
-$10,000
-1.59%
Views
209
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$91,682
Avg. Annual Appreciation
7.49%
Original Mortgage
$496,000
Outstanding Balance
$485,948
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$225,734
Purchase Details
Closed on
Jan 28, 2003
Sold by
Perez Henry C and The Maria C Perez Trust
Bought by
Perez Henry C
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lopez Reina I | $620,000 | Fidelity National Title | |
| Perez Henry C | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Lopez Reina I | $496,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/22/2023 09/22/23 | Sold | $620,000 | -1.6% | $421 / Sq Ft |
| 08/18/2023 08/18/23 | Pending | -- | -- | -- |
| 07/31/2023 07/31/23 | For Sale | $630,000 | +1.6% | $427 / Sq Ft |
| 07/06/2023 07/06/23 | Off Market | $620,000 | -- | -- |
| 07/02/2023 07/02/23 | For Sale | $630,000 | -- | $427 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $7,786 | $632,400 | $428,400 | $204,000 |
| 2024 | $7,786 | $620,000 | $420,000 | $200,000 |
| 2023 | $652 | $25,386 | $22,827 | $2,559 |
| 2022 | $632 | $24,889 | $22,380 | $2,509 |
| 2021 | $617 | $24,402 | $21,942 | $2,460 |
| 2020 | $617 | $24,153 | $21,718 | $2,435 |
| 2019 | $605 | $23,681 | $21,293 | $2,388 |
| 2018 | $492 | $23,218 | $20,876 | $2,342 |
| 2016 | $415 | $22,318 | $20,066 | $2,252 |
| 2015 | $410 | $21,984 | $19,765 | $2,219 |
| 2014 | $427 | $21,554 | $19,378 | $2,176 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2023
Jose S Centeno
Century 21 Masters
(818) 892-9314
1 in this area
46 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB23116684
APN: 5167-014-042
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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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