NOT LISTED FOR SALE

2018 E 2nd St Los Angeles, CA 90033

Estimated Value: $978,000 - $1,219,000

6 Beds
2 Baths
1,872 Sq Ft
$568/Sq Ft Est. Value

Last Sold December 16, 2021

Last sale price $900,000 $481 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $6,931/month

1 Day on Market

Highlights

  • Gated Parking
  • 6 Car Garage
  • Vinyl Flooring
  • Felicitas and Gonzalo Mendez High Rated A-

About This Home

As of December 2021

Two units situated in PRIME Boyle Heights consisting of 3bed/1bath each. Built in 1997 this property is NOT subject to RSO. Both units are fully remodeled featuring brand new wood vinyl floors, new kitchen & bathroom cabinets, brand new stackable washer/dryers, and new paint throughout. Both tenants are current on rents. Separate two car garage with plenty of open space parking for up to 4 more cars. Huge open space backyard behind garage with potential to add up to 2 more units or ADU's. Property is accessible via front driveway and alley in rear. 4.5% CAP at current rents with upside. Walking distance to Mariachi Plaza, Metro, and Hollenbeck Park leading to the NEW 6th Street Bridge slated to open Summer of 2022.

Last Agent to Sell the Property

Jesse Stamps

Keller Williams Beverly Hills License #01412557 Listed on: 11/15/2021

Keller Williams Beverly Hills

Last Buyer's Agent

Jesse Stamps

Keller Williams Beverly Hills License #01412557 Listed on: 11/15/2021

Keller Williams Beverly Hills

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,492

Year Built

  • Built in 1997

Lot Details

  • 7,426 Sq Ft Lot
  • Lot Dimensions are 50x148

Home Design

  • Copper Plumbing

Interior Spaces

  • 1,872 Sq Ft Home
  • 2-Story Property
  • Vinyl Flooring

Kitchen

  • Oven or Range
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 6 Car Garage
  • Gated Parking
  • Assigned Parking

Utilities

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

Community Details

  • 2 Buildings
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 5183-011-025

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,492

Year Built

Built in 1997

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 1872
  • Lot Acreage: 0.1705
  • Lot Dimensions: 50x148
  • Stories: 2
  • Year Built: 1997
  • Number Of Photos: 13
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Vinyl
  • Bedrooms: 6
  • Laundry: In Unit
  • Total Bathrooms: 2.00
  • Equipment: Dishwasher, Dryer, Stackable W/D Hookup, Freezer, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 480.77

Exterior Features

  • Other Features: Full Copper Plumbing
  • Other Structures: Other

Garage/Parking

  • Parking Garage: Garage - 2 Car, Private Garage, Gated, Assigned
  • Total Parking: 6

Utilities

  • Cooling: Window Unit(s)
  • Heating: Wall
  • Water Heaters: Yes

Lot Info

  • Assessed Improvement Percent: 29.92
  • Assessed Improvement Value: 190740
  • Assessed Land Percent: 70.08
  • Assessed Land Value: 446760
  • Total Assessed Value: 637500
  • Assessor Parcel Number: 5183-011-025
  • Lot Size Area: 7426

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 15.31
  • Number Of Units: 2
  • Total Annual Expense: 17640
  • Type Of Units: Multi-Family
  • Vacancy Rate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 15, 2021
Closed on
Nov 29, 2021
Sold by
14612 Wyandotte Llc
Bought by
2016 2Nd Street Llc
Seller's Agent
Jesse Stamps
Keller Williams Beverly Hills
Buyer's Agent
Jesse Stamps
Keller Williams Beverly Hills
List Price
$900,000
Sold Price
$900,000
Current Estimated Value
$1,021,225

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$121,225
Avg. Annual Appreciation
10.11%

Purchase Details

Listed on
Jan 24, 2019
Closed on
Feb 26, 2019
Sold by
Valdivia Adelia
Bought by
14612 Wyandotte Llc
Seller's Agent
Ernesto Sifuentes
Century 21 A Better Service
Buyer's Agent
Jesse Stamps
Keller Williams Beverly Hills
List Price
$625,000
Sold Price
$625,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.46%

Purchase Details

Closed on
Sep 10, 2007
Sold by
Galiana Julio
Bought by
Valdivia Adelia

Purchase Details

Closed on
Mar 31, 1997
Sold by
Escobedo Raul and Escobedo Amalia
Bought by
Valdivia Adelia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,600
Interest Rate
7.94%

Purchase Details

Closed on
Nov 15, 1996
Sold by
Murillo Lupe
Bought by
Murillo Concha
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
2016 2Nd Street Llc $900,000 North American Title Company
14612 Wyandotte Llc $625,000 Orange Coast Title
Valdivia Adelia -- None Available
Valdivia Adelia $194,500 American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Valdivia Adelia $155,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/16/2021 12/16/21 Sold $900,000 0.0% $481 / Sq Ft
11/15/2021 11/15/21 For Sale $900,000 +44.0% $481 / Sq Ft
04/05/2019 04/05/19 Sold $625,000 0.0% $334 / Sq Ft
02/25/2019 02/25/19 Pending -- -- --
02/18/2019 02/18/19 For Sale $625,000 0.0% $334 / Sq Ft
01/29/2019 01/29/19 Pending -- -- --
01/24/2019 01/24/19 For Sale $625,000 -- $334 / 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 $15,492 $1,267,206 $636,724 $630,482
2024 $15,492 $1,242,360 $624,240 $618,120
2023 $11,413 $918,000 $612,000 $306,000
2022 $10,886 $900,000 $600,000 $300,000
2021 $7,952 $644,104 $451,388 $192,716
2019 $3,713 $283,961 $101,463 $182,498
2018 $3,596 $278,394 $99,474 $178,920
2016 $3,424 $267,585 $95,612 $171,973
2015 $3,376 $263,566 $94,176 $169,390
2014 $3,400 $258,404 $92,332 $166,072
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 21-106367

The MLS

APN: 5183-011-025