$940,000
$110K PRICE DROP

1825 E 3rd St Los Angeles, CA 90033

Estimated payment $5,648/month

Total Views 27,405
4 Beds
4 Baths
2,096 Sq Ft
$448 Price per Sq Ft

Highlights

  • No Units Above
  • 3-minute walk to Mariachi Plaza
  • Laundry Room
  • Felicitas and Gonzalo Mendez High Rated A-
  • Property is near public transit
  • Zero Lot Line

About This Home

Great investment opportunity by owning this four unit property located in Boyle Heights, a vibrant and culturally diverse neighborhood known for its rich history in the heart of Los Angeles. Boyle Heights is a quickly growing neighborhood in Los Angeles adjacent to Downtown Los Angeles. Many new multi-use developments currently underway. Each unit is a 1bed/1bath with living room and laundry area . Each unit has its own separate address, and separate meter for gas & power. A lot of opportunities to grow your income with upside rental potentials in this strong rental market.The owner is responsible for water. Property is located within walking distance to bus stops, schools, stores, hospitals and easily accessible to freeways.

Listing Agent

Jules Kanhan

Jules Laross Kanhan Brokerage Phone: 310-227-9121 License #01359175 Listed on: 10/30/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,904

Year Built

  • Built in 1923

Lot Details

  • 3,944 Sq Ft Lot
  • No Units Above
  • No Units Located Below
  • 1 Common Wall
  • Flag Lot
  • Zero Lot Line

Home Design

  • Quadruplex

Interior Spaces

  • 2,096 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Additional Features

  • Exterior Lighting
  • Property is near public transit
  • Heating Available

Listing and Financial Details

  • Tax Lot 34
  • Tax Tract Number 206
  • Assessor Parcel Number 5174018054
  • $383 per year additional tax assessments
  • Seller Considering Concessions

Community Details

Overview

  • 3 Buildings
  • 4 Units

Building Details

  • 4 Leased Units
  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $4,172

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,904

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Price Per Unit: 235000
  • Property Attached: Yes
  • View: No
  • Zoning: LARD1.5
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 5174018054
  • Year Built: 1923
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Entry Location: Ground
  • Common Walls: 1 Common Wall, No One Above, No One Below
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 448.47

Exterior Features

  • Pool Private: No

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Laundry Features: Individual Room, Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Flag Lot, Near Public Transit, Zero Lot Line
  • Lot Size Sq Ft: 3944.00
  • Lot Size Acres: 0.0905

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 4172.37
  • Gross Scheduled Income: 4172.37
  • Lot Size Area: 3944.0000 Square Feet
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Rent Control: Yes

Tax Info

  • Tax Census Tract: 2060.53
  • Tax Lot: 34
  • Tax Tract Number: 206...
  • TaxOtherAnnualAssessmentAmount: 383.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $7,904 $639,453 $415,874 $223,579
2024 $7,904 $626,916 $407,720 $219,196
2023 $7,755 $614,625 $399,726 $214,899
2022 $7,400 $602,575 $391,889 $210,686
2021 $7,303 $590,760 $384,205 $206,555
2020 $7,374 $584,704 $380,266 $204,438
2019 $7,089 $573,240 $372,810 $200,430
2018 $3,518 $269,130 $67,275 $201,855
2016 $3,347 $258,681 $64,663 $194,018
2015 $3,301 $254,796 $63,692 $191,104
2014 $3,337 $249,806 $62,445 $187,361
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/11/2025 08/11/25 Price Changed $940,000 -1.1% $448 / Sq Ft
08/06/2025 08/06/25 For Sale $950,000 0.0% $453 / Sq Ft
08/06/2025 08/06/25 Off Market $950,000 -- --
01/21/2025 01/21/25 Price Changed $950,000 -9.5% $453 / Sq Ft
10/30/2024 10/30/24 For Sale $1,050,000 +86.7% $501 / Sq Ft
06/27/2018 06/27/18 Sold $562,500 -5.5% $268 / Sq Ft
02/06/2018 02/06/18 For Sale $595,000 -- $284 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Grant Deed $562,500 Chicago Title Company
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $518,000 New Conventional
Previous Owner $421,875 New Conventional
Previous Owner $250,042 New Conventional
Source: Public Records

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB24222345

California Regional Multiple Listing Service (CRMLS)

APN: 5174-018-054