NOT LISTED FOR SALE

2112 E 2nd St Los Angeles, CA 90033

Boyle Heights Neighborhood

Estimated Value: $977,000 - $1,229,000

8 Beds
4 Baths
4,416 Sq Ft
$249/Sq Ft Est. Value

Last Sold September 08, 2022

Last sale price $1,025,000 $232 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $6,813/month

48 Days on Market

Highlights

  • Property is near public transit
  • Cooling System Mounted To A Wall/Window
  • Front Yard
  • No HOA
  • No Heating

About This Home

As of September 2022

This is a 4-unit residential income property located in the Boyle Heights area.

Last Agent to Sell the Property

Mike Chou

K.W. EXECUTIVE License #01852861 Listed on: 06/22/2022

K.W. EXECUTIVE

Last Buyer's Agent

Itay Raz

Dogtown Realty License #01962038

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1915

Lot Details

  • 8,931 Sq Ft Lot
  • Two or More Common Walls
  • Front Yard

Home Design

  • 4,416 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry in unit

Location

  • Property is near public transit
  • Urban Location

Utilities

  • Cooling System Mounted To A Wall/Window
  • No Heating

Listing and Financial Details

  • Tenant pays for electricity, gas, trash collection
  • Legal Lot and Block 8 / F
  • Assessor Parcel Number 5183011036
  • $611 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 2 Leased Units
  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $535
  • Trash Expense $1,956
  • Water Sewer Expense $4,800
  • Operating Expense $7,291
  • Gross Income $21,600
  • Net Operating Income $21,600

Property Details

Home Type

Multi-Family

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 4800.00
  • Zoning: LARD2
  • Property Type: Residential Income
  • Parcel Number: 5183011036
  • Year Built: 1915
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 232.11

Exterior Features

  • Pool Private: No

Utilities

  • Heating: No
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Trash Expense: 1956.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Near Public Transit
  • Lot Size Sq Ft: 8931.00
  • Lot Size Acres: 0.2050

Rental Info

  • Tenant Pays: Electricity, Gas, Trash Collection

Multi Family

  • Gross Income: 21600.00
  • Gross Scheduled Income: 43200.00
  • Insurance Expense: 535.00
  • Lot Size Area: 8931.0000 Square Feet
  • Net Operating Income: 21600.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 4
  • Operating Expense: 7291.00
  • Rent Control: Yes
  • Total Actual Rent: 24000.00
  • Total Expenses: 7291.00

Tax Info

  • Tax Block: F
  • Tax Census Tract: 2044.20
  • Tax Lot: 8
  • TaxOtherAnnualAssessmentAmount: 611.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 14, 2024
Sold by
Palgir Moshe
Bought by
2112-2116 E 2Nd Llc
Current Estimated Value
$1,093,617

Purchase Details

Closed on
Dec 13, 2023
Sold by
Palgir Moshe
Bought by
Diamond Trust and Palgir

Purchase Details

Closed on
Nov 7, 2019
Sold by
Garcia Lucy and Garcia Luz
Bought by
Garcia Lucy and Lucy Garcia Trust

Purchase Details

Closed on
Jan 16, 2014
Sold by
Jimenez Alice
Bought by
Jimenez Roger R and Almada Corrine
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
2112-2116 E 2Nd Llc -- None Listed On Document
Palgir Moshe -- None Listed On Document
Diamond Trust -- None Listed On Document
Garcia Lucy -- None Available
Jimenez Roger R -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/08/2022 09/08/22 Sold $1,025,000 +2.7% $232 / Sq Ft
08/09/2022 08/09/22 Pending -- -- --
08/05/2022 08/05/22 For Sale $998,000 0.0% $226 / Sq Ft
07/12/2022 07/12/22 Pending -- -- --
06/22/2022 06/22/22 For Sale $998,000 -- $226 / 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 $13,196 $1,066,410 $546,210 $520,200
2024 $13,196 $1,045,500 $535,500 $510,000
2023 $12,947 $1,025,000 $525,000 $500,000
2022 $1,303 $63,478 $32,087 $31,391
2021 $1,260 $62,234 $31,458 $30,776
2019 $1,232 $60,390 $30,526 $29,864
2018 $1,155 $59,207 $29,928 $29,279
2016 $1,055 $56,910 $28,767 $28,143
2015 $1,045 $56,056 $28,335 $27,721
2014 $1,076 $54,958 $27,780 $27,178
Source: Public Records

Agents Affiliated with this Home

  • Mike Chou

    Seller's Agent in 2022

    Mike Chou

    K.W. EXECUTIVE

    (213) 371-1088

    1 in this area

    182 Total Sales

    Mike Chou
    Section Image

  • I

    Buyer's Agent in 2022

    Itay Raz

    Dogtown Realty

    (310) 614-9276

    4 in this area

    9 Total Sales

    Itay Raz
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV22136245

California Regional Multiple Listing Service (CRMLS)

APN: 5183-011-036

California Los Angeles County Los Angeles 90033 Boyle Heights

2112 E 2nd St, Los Angeles, CA

Not Listed for Sale

MultiFamily

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