NOT LISTED FOR SALE

2025 E 4th St Los Angeles, CA 90033

Boyle Heights Neighborhood
1 Bed
2 Baths
11,556 Sq Ft
1912 Built

Last Sold September 18, 2018

Last sale price $2,850,000 $247 Per Sq Ft

13 Days on Market

About This Home

As of September 2018

FANTASTIC OPPORTUNITY TO OWN 24 UNITS IN HIGH RENTAL DEMAND OF DOWN TOWN LOS ANGELES. EXCELLENT MIX OF 6 ONE BEDROOM UNITS AND 18 SINGLE UNITS. ALL IN GOOD CONDITION. GREAT UPSIDE POTENTIAL OF DOUBLE DIGIT PRETAX CASHFLOW.

Last Agent to Sell the Property

Silvia Vich

NEW HAVEN INVESTMENTS INC License #01959341 Listed on: 06/15/2018

Last Buyer's Agent

Silvia Vich

NEW HAVEN INVESTMENTS INC License #01959341 Listed on: 06/15/2018

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1912

Lot Details

  • 6,724 Sq Ft Lot
  • Two or More Common Walls
  • Land Lease

Home Design

  • 11,556 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 1 Bedroom
  • 2 Bathrooms

Location

  • Urban Location

Listing and Financial Details

  • Tax Lot 11
  • Tax Tract Number 11
  • Assessor Parcel Number 5183012030

Community Details

Overview

  • No Home Owners Association
  • 24 Units

Building Details

  • Rent Control
  • Electric Expense $22,889
  • Insurance Expense $4,622
  • Trash Expense $1,856
  • New Taxes Expense $32,500
  • Operating Expense $81,008
  • Gross Income $186,042
  • Net Operating Income $103,262

Property Details

Home Type

Multi-Family

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Zoning: LAC2
  • Property Type: Residential Income
  • Parcel Number: 5183012030
  • Year Built: 1912
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Levels: Three Or More
  • Price Per Square Foot: 246.63

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Trash Expense: 1856.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: Yes
  • Lot Features: Lot 6500-9999
  • Lot Size Sq Ft: 6724.00

Multi Family

  • Electric Expense: 22889.00
  • Gross Income: 186042.00
  • Gross Scheduled Income: 186042.00
  • Insurance Expense: 4622.00
  • Net Operating Income: 103262.00
  • Number Of Units Total: 24
  • Operating Expense: 81008.00
  • Rent Control: Yes
  • Total Expenses: 81008.00

Tax Info

  • New Taxes Expense: 32500.00
  • Tax Census Tract: 2044.10
  • Tax Lot: 11
  • Tax Tract Number: 11
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/18/2018 09/18/18 Sold $2,850,000 +9.6% $247 / Sq Ft
06/28/2018 06/28/18 Pending -- -- --
06/15/2018 06/15/18 For Sale $2,600,000 -- $225 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $50,864 $4,166,030 $2,772,309 $1,393,721
2024 $50,864 $4,084,344 $2,717,950 $1,366,394
2023 $38,515 $3,055,774 $1,340,252 $1,715,522
2022 $36,764 $2,995,858 $1,313,973 $1,681,885
2021 $36,278 $2,937,116 $1,288,209 $1,648,907
2019 $35,217 $2,852,700 $1,250,000 $1,602,700
2018 $4,350 $224,803 $32,073 $192,730
2017 $4,234 $217,749 $31,445 $186,304
2016 $4,007 $213,480 $30,829 $182,651
2015 $3,970 $210,274 $30,366 $179,908
2014 $4,148 $206,156 $29,772 $176,384
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2018

    Silvia Vich

    NEW HAVEN INVESTMENTS INC

    (626) 332-9429

    9 Total Sales

    Silvia Vich
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV18145421

California Regional Multiple Listing Service (CRMLS)
California Los Angeles County Los Angeles 90033 Boyle Heights

2025 E 4th St, Los Angeles, CA

Not Listed for Sale

MultiFamily

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California Regional Multiple Listing Service (CRMLS) 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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