Venny Saucedo
eXp Realty of Greater L.A
(424) 349-4410
45 Total Sales
1 in Boyle Heights
$675,000 Price
1900 E 1st St Los Angeles, CA 90033
Boyle Heights NeighborhoodEstimated Value: $880,318
2
Beds
2
Baths
1,899
Sq Ft
$464/Sq Ft
Est. Value
Highlights
- Fireplace
- 2-minute walk to Mariachi Plaza
- Heating Available
- Built-In Features
About This Home
As of August 2022We are pleased to present this vacant two bedroom house + occupied commercial unit located in the bustling neighborhood of Boyle Heights in East Los Angeles. The property consists of two completely separate buildings. The first building is a 2 bedroom and 1 bathroom freestanding vacant house. The second building is a small music and guitar store that has been at this location for over 15 years. Each unit has its own parking. The two units are separated by a gate and although they are on the same parcel, they feel like two separate properties. MAJOR UPSIDE POTENTIAL- The vacant house is ready to be renovated and either occupied by the new owner or rented for excellent cash flow. SHORT TERM LEASE- The commercial units lease expires on July 10th, 2023, giving added flexibility. The Tenant would like to stay if the Buyer allows. SEPERATE METERS- All utilities are separately metered including electricity, water, and gas- this keeps operating expenses as landlord extremely low.
Last Agent to Sell the Property
Benjamin Gutierrez
Apex Properties License #02157302 Listed on: 06/15/2022
Last Buyer's Agent
General NONMEMBER
NONMEMBER MRML
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1960
Lot Details
- 4,945 Sq Ft Lot
- No Common Walls
- Density is up to 1 Unit/Acre
Interior Spaces
- 1,899 Sq Ft Home
- Built-In Features
- Fireplace
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Bathrooms
Parking
- 5 Open Parking Spaces
- 5 Parking Spaces
Outdoor Features
- Exterior Lighting
Utilities
- Heating Available
- Septic Type Unknown
Listing and Financial Details
- Tax Lot 5174
- Tax Tract Number 204
- Assessor Parcel Number 5174016024
- $286,130 per year additional tax assessments
Community Details
Overview
- 2 Buildings
- 2 Units
Building Details
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 2 Separate Water Meters
- Insurance Expense $2,500
- Maintenance Expense $1,800
- New Taxes Expense $9,375
- Operating Expense $13,675
- Gross Income $53,760
- Net Operating Income $40,085
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 15, 2022
Closed on
Jul 6, 2022
Sold by
Bought by
Seller's Agent
Benjamin Gutierrez
Apex Properties
Buyer's Agent
General NONMEMBER
NONMEMBER MRML
List Price
$795,000
Sold Price
$800,000
Premium/Discount to List
$5,000
0.63%
Views
2
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
$80,318
Avg. Annual Appreciation
2.44%
Original Mortgage
$500,000
Interest Rate
5.51%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 20, 2021
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,000
Interest Rate
2.9%
Mortgage Type
Commercial
Purchase Details
Closed on
Jul 14, 2021
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,000
Interest Rate
2.9%
Mortgage Type
Commercial
Purchase Details
Closed on
Jun 3, 2021
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,000
Interest Rate
2.9%
Mortgage Type
Commercial
Purchase Details
Closed on
Mar 12, 2021
Sold by
Bought by
Purchase Details
Closed on
Feb 11, 2000
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,010
Interest Rate
8.38%
Mortgage Type
Commercial
Purchase Details
Closed on
May 9, 1995
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Boyle Heights, CA
-
Venny Saucedo
-
Raymond A. Rodriguez IV
Raymond A. Rodriguez IV
Equity Union
(747) 249-5579
39 Total Sales
1 in Boyle Heights
$4,995,000 Price
-
Brian Larsen
Brian Larsen
Beverly and Company, Inc.
(323) 553-5369
15 Total Sales
1 in Boyle Heights
$670,000 Price
-
Lorraine Cruz
Lorraine Cruz
Compass
(661) 475-6740
48 Total Sales
1 in Boyle Heights
$600,000 Price
-
Vania Rincon
Vania Rincon
EstateX inc.
(855) 926-9843
47 Total Sales
1 in Boyle Heights
$905,000 Price
-
Steve Julian
Steve Julian
Luxury Collective
(747) 293-4987
172 Total Sales
2 in Boyle Heights
$730,000 Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $800,000 | Old Republic Title | ||
| -- | North American Title | ||
| -- | North American Title | ||
| $550,000 | North American Title | ||
| -- | None Listed On Document | ||
| $180,000 | Provident Title | ||
| -- | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | $500,000 | ||
| Previous Owner | $330,000 | ||
| Previous Owner | $25,000 | ||
| Previous Owner | $128,010 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/12/2022 08/12/22 | Sold | $800,000 | +0.6% | $421 / Sq Ft |
| 06/15/2022 06/15/22 | For Sale | $795,000 | -- | $419 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $10,843 | $832,320 | $520,200 | $312,120 |
| 2024 | $10,694 | $816,000 | $510,000 | $306,000 |
| 2023 | $10,482 | $800,000 | $500,000 | $300,000 |
| 2022 | $7,254 | $550,000 | $300,000 | $250,000 |
| 2021 | $4,173 | $286,130 | $90,863 | $195,267 |
| 2020 | $4,198 | $283,197 | $89,932 | $193,265 |
| 2019 | $4,046 | $277,645 | $88,169 | $189,476 |
| 2018 | $3,915 | $272,202 | $86,441 | $185,761 |
| 2016 | $3,726 | $261,635 | $83,086 | $178,549 |
| 2015 | $3,385 | $257,706 | $81,838 | $175,868 |
| 2014 | $3,400 | $252,658 | $80,235 | $172,423 |
Source: Public Records
Agents Affiliated with this Home
-
B
Seller's Agent in 2022
Benjamin Gutierrez
Apex Properties
-
G
Buyer's Agent in 2022
General NONMEMBER
NONMEMBER MRML
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: DW22129546
APN: 5174-016-024
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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