NOT LISTED FOR SALE

1843 E 2nd St Unit 1/2 Los Angeles, CA 90033

Boyle Heights Neighborhood

Estimated Value: $843,000 - $1,091,000

5 Beds
3 Baths
1,935 Sq Ft
$496/Sq Ft Est. Value

Last Sold May 09, 2020

Last sale price $730,000 $377 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $5,904/month

2 Days on Market

Highlights

  • Two cooling system units
  • 2-minute walk to Mariachi Plaza
  • 1-Story Property
  • Felicitas and Gonzalo Mendez High Rated A-

About This Home

As of May 2020

Renovated Craftsman style Duplex near the heart of the historical Mariachi Plaza De Los Angeles and one mile from downtown Los Angeles. This charming duplex delights with just the right amount of modernization and original character. Both units are open concept living and kitchen areas, one side with a three bed, 2 bath layout, master bedroom with large closet and the other side with a 2 bedroom, 1 bath layout with master. Natural light pours into the property both inside and out. Sited on a 7,000 s/f lot with shade sails, cafe lighting, lush grasses & foliage , avocado and guava trees complete with a gated parking area and newly installed stamped concrete pathways. New fencing surrounds the property along with security system and cameras. A true gem in the heart of Boyle Heights and walking distance to cafes and traditional restaurants.

Last Agent to Sell the Property

Tina Marie Phan

Nourmand & Associates-HW License #02006888 Listed on: 05/07/2020

Last Buyer's Agent

Vera Souma

Nourmand & Associates-HW License #01465377

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,766

Year Built

  • Built in 1900

Lot Details

  • 7,000 Sq Ft Lot

Home Design

  • Duplex

Interior Spaces

  • 1,935 Sq Ft Home
  • 1-Story Property
  • Laminate Flooring
  • Alarm System

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Parking

  • 3 Parking Spaces
  • Automatic Gate

Utilities

  • Two cooling system units
  • Heating System Mounted To A Wall or Window

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 5174-018-040

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,766

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 1935
  • Stories: 1
  • Year Built: 1900
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Laminate
  • Bedrooms: 5
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Alarm System
  • Price Per S Q F T: 400.52

Exterior Features

  • Other Structures: None
  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Parking Garage: Auto Driveway Gate
  • Total Parking: 3

Utilities

  • Cooling: Dual
  • Heating: Wall

Lot Info

  • Assessed Improvement Value: 253710
  • Assessed Land Value: 207111
  • Assessor Parcel Number: 5174-018-040
  • Geocode Override: No
  • Lot Size Area: 7000

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 26.90
  • Number Of Units: 2
  • Total Annual Expense: 6000
  • Type Of Units: Duplex
  • Vacancy Rate: 50%

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2020
Closed on
Mar 30, 2020
Sold by
Restrepo Andres and Buritica Andres
Bought by
Delgado Zenia Lisette
Seller's Agent
Tina Marie Phan
Nourmand & Associates-HW
Buyer's Agent
Vera Souma
Nourmand & Associates-HW
List Price
$775,000
Sold Price
$730,000
Premium/Discount to List
-$45,000
-5.81%
Current Estimated Value
$960,149

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$230,149
Avg. Annual Appreciation
5.22%
Original Mortgage
$584,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 9, 2020
Sold by
Buritica Andres
Bought by
Restrepo Andres

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$506,250
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 23, 2018
Sold by
Buritica Angela D
Bought by
Buritica Andres

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$463,500
Interest Rate
4.04%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 22, 2014
Sold by
Turnstone Flip Llc
Bought by
Buritica Andres and Buritica Angela D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$436,939
Interest Rate
4.09%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 4, 2013
Sold by
Turnstone Flip Llc
Bought by
Turnstone Flip Llc

Purchase Details

Closed on
Aug 21, 2013
Sold by
Nakagawa Dana
Bought by
Turnstone Flip Llc

Purchase Details

Closed on
Dec 12, 2011
Sold by
Nakagawa Ann
Bought by
Nakagawa Ann and Nakagawa 2011 Revocable Living Trust
Source: Public Records

Range of Values:

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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
Delgado Zenia Lisette $730,000 Lawyers Title
Restrepo Andres -- Chicago Title
Buritica Andres -- Stewart Title Of California
Buritica Andres $445,000 Old Republic Title Company
Turnstone Flip Llc -- None Available
Turnstone Flip Llc $290,000 Fidelity National Title Co
Nakagawa Ann -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Delgado Zenia Lisette $584,000
Previous Owner Restrepo Andres $506,250
Previous Owner Buritica Andres $463,500
Previous Owner Buritica Andres $436,939
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/09/2020 05/09/20 Sold $730,000 -5.8% $377 / Sq Ft
05/07/2020 05/07/20 For Sale $775,000 -- $401 / 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 $9,766 $798,359 $565,414 $232,945
2024 $9,766 $782,706 $554,328 $228,378
2023 $9,579 $767,359 $543,459 $223,900
2022 $9,138 $752,313 $532,803 $219,510
2021 $9,023 $737,562 $522,356 $215,206
2020 $6,136 $489,025 $219,787 $269,238
2019 $5,899 $479,437 $215,478 $263,959
2018 $5,805 $470,037 $211,253 $258,784
2016 $5,535 $451,786 $203,050 $248,736
2015 $5,455 $445,000 $200,000 $245,000
2014 $3,785 $290,000 $220,000 $70,000
Source: Public Records

Agents Affiliated with this Home

  • Tina Marie Phan

    Seller's Agent in 2020

    Tina Marie Phan

    Nourmand & Associates-HW

    (323) 610-9399

    26 Total Sales

    Tina Marie Phan
    Section Image
  • Vera Souma

    Buyer's Agent in 2020

    Vera Souma

    Nourmand & Associates-HW

    (323) 462-6262

    4 Total Sales

    Vera Souma
    Section Image

  • L

    Buyer's Agent in 2020

    Lena Vera Souma

    Nourmand & Associates-HW

See All Agents

Map

Source: The MLS

MLS Number: 20-577408

The MLS

APN: 5174-018-040

California Los Angeles County Los Angeles 90033 Boyle Heights

1843 E 2nd St Unit 1/2, Los Angeles, CA

This home is located at 1843 E 2nd St Unit 1/2, Los Angeles, CA 90033 since 07 May 2020 and is currently estimated at $960,149, approximately $496 per square foot. This property was built in 1900. 1843 E 2nd St Unit 1/2 is a home located in Los Angeles County with nearby schools including Second Street Elementary School, Hollenbeck Middle School, and Felicitas and Gonzalo Mendez High.

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