NOT LISTED FOR SALE

1825 E 3rd St Los Angeles, CA 90033

Boyle Heights Neighborhood

Estimated Value: $807,921 - $957,000

4 Beds
4 Baths
2,096 Sq Ft
$415/Sq Ft Est. Value

Last Sold June 27, 2018

Last sale price $562,500 $268 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $5,205/month

56 Days on Market

About This Home

As of June 2018

Standard sale. For sale after 30+years. 4 units on a 3,943 sq.ft. lot located in the Brooklyn Heights neighborhood of Downtown Los Angeles. New roof and paint in 2016/2017. Mostly cooper plumbing. Long term tenants. Under City of L.A. rent control ordinance. Property located at 2313 City View Ave. Los Angeles, CA 90033 (APN #5175-004-013)) which is also owned by the same seller is also for sale , and can be bought together with the subject property. However, it is not compulsory to buy both properties together. Sold "As-Is" and "Where Is" with current tenants in place.

Last Agent to Sell the Property

Vinny Jain

Ingenious Asset Group, Inc. License #01413466 Listed on: 02/06/2018

Last Buyer's Agent

Vinny Jain

Ingenious Asset Group, Inc. License #01413466 Listed on: 02/06/2018

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1923

Lot Details

  • 3,943

Parking

  • On-Street Parking

Home Design

  • 2,096 Sq Ft Home
  • Quadruplex

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Utilities

  • Window Unit Cooling System
  • Heating System Mounted To A Wall or Window

Additional Features

  • Disposal
  • 3,943 Sq Ft Lot

Community Details

  • 3 Buildings
  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 5174-018-054

Property Details

Home Type

Multi-Family

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 2096
  • Year Built: 1923
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 4
  • Total Bathrooms: 4.00
  • Equipment: Garbage Disposal
  • Price Per S Q F T: 283.87

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Parking Garage: On street

Utilities

  • Cooling: Window Unit(s)
  • Heating: Wall
  • Water Expense: 4200.00

Fee Information

  • Insurance Expense: 1500.00

Lot Info

  • Assessed Improvement Value: 197898
  • Assessed Land Value: 65956
  • Assessor Parcel Number: 5174-018-054
  • Geocode Override: No
  • Lot Size Area: 3943

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 20.48
  • Number Of Units: 4
  • Type Of Units: Quadruplex

Tax Info

  • Tax Expense: 6694.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 11, 2018
Sold by
Soria Sergio A and The Sergio A Soria Living Trus
Bought by
Mmeje Hyginus O and Mmeje Theresa E
Current Estimated Value
$870,155

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$421,875
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 12, 2014
Sold by
Soria Sergio
Bought by
Soria Sergio A and Sergio A Soria Living Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Mmeje Hyginus O $562,500 Chicago Title Company
Soria Sergio A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mmeje Hyginus O $421,875
Source: Public Records

Property History

Date Event Price List to Sale Price per 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: The MLS

Tax History Compared to Growth

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

Agents Affiliated with this Home

  • Vinny Jain

    Seller's Agent in 2018

    Vinny Jain

    Ingenious Asset Group, Inc.

    (310) 997-2552

    76 Total Sales

    Vinny Jain
    Section Image
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Map

Source: The MLS

MLS Number: 18-310222

The MLS

APN: 5174-018-054

California Los Angeles County Los Angeles 90033 Boyle Heights

1825 E 3rd St, Los Angeles, CA

Not Listed for Sale

MultiFamily

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