$1,238,000
SOLD DEC 1, 2025
7 Beds
4 Baths
2,269 Sq Ft
6,721 Sq Ft Lot

Recently Sold

$546 Per Sq Ft

1% Below List Price

67 Days on Market

Highlights

  • New Construction
  • Rectangular Lot
  • 3-minute walk to Mariachi Plaza

About This Home

As of December 2025

This charming four-unit apartment property is located in the high demand rental market of Boyle Heights in East Los Angeles. Three of the four units are currently occupied and one of the units (2 bed 1 bath), is currently vacant, creating an excellent opportunity for an owner-occupant or an investor who is looking to lease out the final unit to realize a strong cap rate of 6.7%. The property enjoys a large lot which has allowed the landlord to gain full RTI (Ready to Issue) permit approval for the construction of TWO new ADU units at the rear of the lot. A buyer can pull the permits and immediately begin construction. Although the building was originally built in 1900 the building suffered significant fire damage in October 2022 and it has been completely rebuilt. The first floor was taken down to the studs with all interior components being new construction. The second floor is where the fire originated and the entire second floor was demolished and rebuilt, including brand new frame. Due to the neighborhood’s historic designation, the building had to be rebuilt in the same style that existed prior to the fire. DON’T MISS THIS OPPOTUNITY TO OWN A NEARLY BRAND NEW INVESTMENT PROPERTY WITH STRONG INCOME IN ONE OF LOS ANGELES’ MOST UP AND COMING NEIGBORHOODS!

Last Agent to Sell the Property

Chris Comfort

Apex Properties Brokerage Phone: 818-917-6558 License #01407997 Listed on: 08/26/2025

Last Buyer's Agent

Geoffrey Rodil

Compass License #02015920

Compass

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2024 | New Construction

Lot Details

  • 6,721 Sq Ft Lot
  • No Common Walls
  • Rectangular Lot

Home Design

  • Quadruplex
  • Entry on the 1st floor

Interior Spaces

  • 2,269 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Bathrooms

Parking

  • 8 Open Parking Spaces
  • 8 Parking Spaces
  • Parking Available
  • Tandem Uncovered Parking

Outdoor Features

  • Rain Gutters

Listing and Financial Details

  • Tax Lot 51
  • Tax Tract Number 51
  • Assessor Parcel Number 5174016019
  • $518 per year additional tax assessments

Community Details

Overview

  • 4 Units

Building Details

  • Rent Control
  • 4 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Electric Expense $600
  • Gardener Expense $1,800
  • Insurance Expense $6,900
  • Maintenance Expense $3,600
  • Other Expense $1,440
  • Water Sewer Expense $1,680
  • New Taxes Expense $15,625
  • Operating Expense $31,645
  • Gross Income $115,356
  • Net Operating Income $83,711

Property Details

Home Type

Multi-Family

Year Built

Built in 2024 | New Construction

Lot Details

0

Listing Details

  • CapRate: 6.70
  • Property Attached: No
  • Water Sewer Expenses: 1680.00
  • Zoning: LARD1.5
  • New Construction: Yes
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Gardener Expense: 1800.00
  • Parcel Number: 5174016019
  • Year Built: 2024
  • Special Features: NewHome

Interior Features

  • Stories: 2
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Price Per Square Foot: 545.61

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Tandem Uncovered
  • Total Parking Spaces: 8.00
  • Uncovered Spaces: 8.00

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Gutters, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Rectangular Lot
  • Lot Size Sq Ft: 6721.00
  • Lot Size Acres: 0.1543

Multi Family

  • Electric Expense: 600.00
  • Gross Income: 115356.00
  • Gross Multiplier: 10.80
  • Gross Scheduled Income: 115356.00
  • Insurance Expense: 6900.00
  • Lot Size Area: 6721.0000 Square Feet
  • Maintenance Expense: 3600.00
  • Net Operating Income: 83711.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 31645.00
  • Other Expense: 1440.00
  • Other Expense Description: Gas
  • Rent Control: Yes
  • Total Expenses: 31645.00

Tax Info

  • New Taxes Expense: 15625.00
  • Tax Census Tract: 2044.10
  • Tax Lot: 51
  • Tax Tract Number: 51
  • TaxOtherAnnualAssessmentAmount: 518.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 26, 2025
Closed on
Nov 18, 2025
Sold by
G And C Investments Llc and Bracha Investments Llc
Bought by
Nolan Kyle Peter
Seller's Agent
Chris Comfort
Apex Properties
Buyer's Agent
Geoffrey Rodil
Compass
List Price
$1,250,000
Sold Price
$1,238,000
Premium/Discount to List
-$12,000
-0.96%
Views
95

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-45.55%
Original Mortgage
$1,176,100
Outstanding Balance
$1,174,988
Interest Rate
6.27%
Mortgage Type
New Conventional
Estimated Equity
-$37,988

Purchase Details

Listed on
Mar 24, 2021
Closed on
Jun 2, 2022
Sold by
Koshki Kiyoumars
Bought by
Bracha Investments Llc
Seller's Agent
Jeremiah Vancans
Compass
Buyer's Agent
Daniel Geffner
Newbridge Properties
List Price
$899,000
Sold Price
$800,000
Premium/Discount to List
-$99,000
-11.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.74%

Purchase Details

Listed on
Mar 24, 2021
Closed on
Mar 18, 2022
Sold by
Loving Home La Llc
Bought by
G And C Investments Llc and Koshki
Seller's Agent
Jeremiah Vancans
Compass
Buyer's Agent
Daniel Geffner
Newbridge Properties
List Price
$899,000
Sold Price
$800,000
Premium/Discount to List
-$99,000
-11.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$520,000
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 25, 2017
Sold by
Lin Ryan C and Lin Stephanie
Bought by
Loving Home La Llc

Purchase Details

Listed on
Oct 14, 2016
Closed on
Dec 6, 2016
Sold by
Javas Bh Llc
Bought by
Lin Ryan C and Lin Stephanie
Seller's Agent
Andrew Rafison
Edgestone Real Estate, Inc.
Buyer's Agent
Yong Ock Hwang
The Elifant Group, Inc.
List Price
$849,000
Sold Price
$819,000
Premium/Discount to List
-$30,000
-3.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.67%
Original Mortgage
$542,500
Interest Rate
3.85%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Mar 7, 2014
Closed on
Jul 2, 2014
Sold by
Assil Kerry K and Assil Tanaz
Bought by
Javas Bh Llc
Seller's Agent
Arlo Nugent
Blue Chip Realty Group
Buyer's Agent
Arlo Nugent
Blue Chip Realty Group
List Price
$449,900
Sold Price
$420,000
Premium/Discount to List
-$29,900
-6.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.81%

Purchase Details

Listed on
Mar 7, 2014
Closed on
May 28, 2014
Sold by
Vanderbilt Mortgage & Finance Inc
Bought by
Assil Kerry K and Assil Tanaz
Seller's Agent
Arlo Nugent
Blue Chip Realty Group
Buyer's Agent
Arlo Nugent
Blue Chip Realty Group
List Price
$449,900
Sold Price
$420,000
Premium/Discount to List
-$29,900
-6.65%

Purchase Details

Closed on
Sep 5, 2012
Sold by
Ramirez Oscar and Ramirez Alicia
Bought by
Vanderbilt Mortgage & Finance Inc

Purchase Details

Closed on
Feb 11, 1997
Sold by
Esquivel Antonio R
Bought by
Ramirez Oscar and Ramirez Alicia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,415
Interest Rate
7.74%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 25, 1996
Sold by
Emc Mtg Corp
Bought by
Esquivel Antonio R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,000
Interest Rate
8.33%

Purchase Details

Closed on
Feb 1, 1995
Sold by
Great Western Bank Fsb
Bought by
Emc Mtg Corp

Purchase Details

Closed on
Jan 10, 1995
Sold by
Perez Damian and Perez Candelaria
Bought by
Great Western Bank Fsb
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Grant Deed $1,238,000 Old Republic Title Company
Quit Claim Deed -- None Listed On Document
Grant Deed $800,000 Lawyers Title
Grant Deed -- None Available
Grant Deed $819,000 North American Title
Grant Deed -- Accommodation
Special Warranty Deed $420,000 First American Title
Trustee Deed $247,500 Lawyers Title Company
Grant Deed $195,000 --
Grant Deed $103,000 Chicago Title Co
Grant Deed $131,500 Chicago Title Insurance Co
Trustee Deed $141,116 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,176,100 New Conventional
Previous Owner $520,000 New Conventional
Previous Owner $542,500 Adjustable Rate Mortgage/ARM
Previous Owner $189,415 FHA
Previous Owner $93,000 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/01/2025 12/01/25 Sold $1,238,000 -1.0% $546 / Sq Ft
08/26/2025 08/26/25 For Sale $1,250,000 +56.3% $551 / Sq Ft
04/13/2022 04/13/22 Sold $800,000 0.0% $302 / Sq Ft View Prior Sale
02/08/2022 02/08/22 Pending -- -- --
07/15/2021 07/15/21 Off Market $800,000 -- --
04/27/2021 04/27/21 Pending -- -- --
03/24/2021 03/24/21 For Sale $899,000 +9.8% $340 / Sq Ft
12/20/2016 12/20/16 Sold $819,000 -3.5% $310 / Sq Ft View Prior Sale
11/15/2016 11/15/16 Pending -- -- --
10/14/2016 10/14/16 For Sale $849,000 +102.1% $321 / Sq Ft
05/30/2014 05/30/14 Sold $420,000 -6.6% $718 / Sq Ft View Prior Sale
05/16/2014 05/16/14 Pending -- -- --
03/07/2014 03/07/14 For Sale $449,900 -- $769 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $10,478 $848,966 $583,664 $265,302
2024 $10,478 $832,320 $572,220 $260,100
2023 $10,306 $816,000 $561,000 $255,000
2022 $10,951 $895,693 $458,236 $437,457
2021 $10,811 $878,131 $449,251 $428,880
2020 $10,918 $869,128 $444,645 $424,483
2019 $10,493 $852,087 $435,927 $416,160
2018 $10,372 $835,380 $427,380 $408,000
2017 $10,148 $819,000 $419,000 $400,000
2016 $5,521 $434,923 $289,949 $144,974
2015 $5,444 $428,391 $285,594 $142,797
2014 -- $271,225 $140,635 $130,590
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW25192363

California Regional Multiple Listing Service (CRMLS)

APN: 5174-016-019