NOT LISTED FOR SALE

2021 Pennsylvania Ave Los Angeles, CA 90033

Estimated Value: $1,706,503 - $1,729,000

8 Beds
10 Baths
5,476 Sq Ft
$314/Sq Ft Est. Value

Last Sold December 23, 2021

Last sale price $1,500,000 $274 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $11,010/month

11 Days on Market

Highlights

  • Spanish Architecture
  • Park or Greenbelt View
  • Built-In Features
  • Felicitas and Gonzalo Mendez High Rated A-
  • Ground Level Unit
  • Gated Home

About This Home

As of December 2021

Excellent 10 unit apartment building in the heart of Boyle Heights. Courtyard style with wide street for parking and terrific curb appeal. Well maintained. Has not been on the market since the 70's. Below market rents.. huge potential.

Last Agent to Sell the Property

Richard Kas

Coldwell Banker Realty License #01352771 Listed on: 09/13/2021

Coldwell Banker Realty

Last Buyer's Agent

Richard Kas

Coldwell Banker Realty License #01352771 Listed on: 09/13/2021

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $19,966

Year Built

  • Built in 1924

Lot Details

  • 8,890 Sq Ft Lot
  • Gated Home

Parking

  • On-Street Parking

Property Views

  • Park or Greenbelt
  • Courtyard

Home Design

  • Spanish Architecture
  • Stucco

Interior Spaces

  • 5,476 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Oven or Range

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 10 Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Location

  • Ground Level Unit

Utilities

  • Cooling System Mounted To A Wall/Window
  • Property is located within a water district
  • Sewer in Street

Community Details

  • 3 Buildings
  • 10 Units

Listing and Financial Details

  • The owner pays for water, electricity
  • Assessor Parcel Number 5183-007-020

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$19,966

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: Spanish
  • Levels: Ground Level
  • Street Number Display: Yes
  • Advertising Remarks: Excellent 10 unit apartment building in the heart of Boyle Heights. Courtyard style with wide street for parking and terrific curb appeal. Well maintained. Has not been on the market since the 70's. Below market rents.. huge potential.
  • Living Area: 5476
  • Lot Acreage: 0.2041
  • Probate: No
  • Stories: 1
  • Year Built: 1924
  • Number Of Photos: 4
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Mixed
  • Bedrooms: 8
  • Common Walls: Attached
  • Total Bathrooms: 10.00
  • Equipment: Hood Fan, Built-Ins, Range/Oven
  • Price Per S Q F T: 282.87

Exterior Features

  • Construction: Stucco
  • Other Structures: None
  • Roof: Tile
  • View: Courtyard, Green Belt
  • View: Yes

Garage/Parking

  • Parking Garage: On street

Utilities

  • Cooling: Wall/Window
  • Security: Fire and Smoke Detection System, Smoke Detector, Carbon Monoxide Detector(s), Gated
  • Sewer: In Street
  • Water: District
  • Water Heaters: Yes

Lot Info

  • Assessed Improvement Percent: 63.96
  • Assessed Improvement Value: 54450
  • Assessed Land Percent: 36.04
  • Assessed Land Value: 30680
  • Total Assessed Value: 85130
  • Assessor Parcel Number: 5183-007-020
  • Lot Size Area: 8890

Rental Info

  • Owner Pays: Water, Electricity

Multi Family

  • Unit Type: 2106
  • Gross Rent Multiplier: 17.60
  • Number Of Units: 10
  • Total Annual Expense: 44955
  • Type Of Units: Multi Unit
  • Vacancy Rate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2021
Closed on
Dec 17, 2021
Sold by
Mary Brownstein Trust and Thomas Sandra M
Bought by
Thomas Sandra M
Seller's Agent
Richard Kas
Coldwell Banker Realty
Buyer's Agent
Richard Kas
Coldwell Banker Realty
List Price
$1,549,000
Sold Price
$1,500,000
Premium/Discount to List
-$49,000
-3.16%
Current Estimated Value
$1,715,329

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$215,329
Avg. Annual Appreciation
3.78%

Purchase Details

Listed on
Sep 13, 2021
Closed on
Nov 5, 2021
Sold by
Thomas Sandra M
Bought by
Redsoto Llc
Seller's Agent
Richard Kas
Coldwell Banker Realty
Buyer's Agent
Richard Kas
Coldwell Banker Realty
List Price
$1,549,000
Sold Price
$1,500,000
Premium/Discount to List
-$49,000
-3.16%

Purchase Details

Closed on
Nov 10, 2020
Sold by
Thomas Sandra M
Bought by
Thomas Sandra M

Purchase Details

Closed on
Jun 28, 2007
Sold by
Brownstein Abe and Abe Brownstein Trust #1
Bought by
The Mary Brownstein Trust
Source: Public Records

Range of Values:

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Average Value
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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 Buyer Sale Price Title Company
Thomas Sandra M -- Equity Title
Redsoto Llc $1,500,000 Equity Title
Thomas Sandra M -- None Available
The Mary Brownstein Trust -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Redsoto Llc $800,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/23/2021 12/23/21 Sold $1,500,000 -3.2% $274 / Sq Ft
09/24/2021 09/24/21 Pending -- -- --
09/13/2021 09/13/21 For Sale $1,549,000 -- $283 / 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 $19,966 $1,591,811 $742,845 $848,966
2024 $19,966 $1,560,600 $728,280 $832,320
2023 $19,594 $1,530,000 $714,000 $816,000
2022 $18,716 $1,500,000 $700,000 $800,000
2021 $2,203 $86,011 $30,997 $55,014
2020 $2,207 $85,560 $30,680 $54,880
2019 $2,166 $83,892 $30,079 $53,813
2018 $2,018 $82,257 $29,490 $52,767
2016 $1,846 $78,651 $28,346 $50,305
2015 $1,832 $77,471 $27,921 $49,550
2014 $1,908 $75,955 $27,375 $48,580
Source: Public Records

Agents Affiliated with this Home

  • Richard Kas

    Seller's Agent in 2021

    Richard Kas

    Coldwell Banker Realty

    (888) 201-0508

    1 in this area

    19 Total Sales

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Map

Source: The MLS

MLS Number: 21-782964

The MLS

APN: 5183-007-020

California Los Angeles County Los Angeles 90033

2021 Pennsylvania Ave, Los Angeles, CA

This home is located at 2021 Pennsylvania Ave, Los Angeles, CA 90033 since 13 September 2021 and is currently estimated at $1,717,752, approximately $313 per square foot. This property was built in 1924. 2021 Pennsylvania Ave is a home located in Los Angeles County with nearby schools including Second Street Elementary School, Hollenbeck Middle School, and Theodore Roosevelt High School.

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