NOT LISTED FOR SALE
6 Beds
5 Baths
4,320 Sq Ft
5,848 Sq Ft Lot

Last Sold June 19, 2019

Last sale price $990,000 $229 Per Sq Ft

34 Days on Market

Highlights

  • Covered Patio or Porch
  • Balcony
  • 4-minute walk to Hollenbeck Park

About This Home

As of June 2019

This fantastic 5-unit property is located in the booming area of Boyle Heights. Fully occupied, the property has positive cash flow on current rents with a CAP Rate of 5.29%. There are generously sized residences: (4) one-bedroom/one-bath units and (1) two-bedroom/one-bathroom unit. The two-bedroom unit is a separate back house with a parking spot and a private yard. The one-bedroom units are spacious at nearly 850 square feet each. All the units are individually metered for both gas and electric while each unit has its own laundry hook-ups. Boyle Heights is a community on the rise. With a rich cultural history, the area is walkable with many shops, eats and public transport. And it is just a few minutes from Downtown LA, Arts District & Little Tokyo

Last Agent to Sell the Property

Jeremy Kaiser

Compass License #01725819 Listed on: 04/18/2019

Compass

Co-Listed By

Alyse Livingston

Compass License #01968030

Last Buyer's Agent

Daniel Baird

License #01249675

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1913

Lot Details

  • 5,848

Interior Spaces

  • 4,320 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 5 Bathrooms

Parking

  • 1 Open Parking Space
  • 1 Parking Space

Outdoor Features

  • Balcony
  • Covered Patio or Porch

Additional Features

  • 5,848 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 2 Buildings
  • 5 Units

Listing and Financial Details

  • Assessor Parcel Number 5183-018-005

Property Details

Home Type

Multi-Family

Year Built

Built in 1913

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 4320
  • Stories: 2
  • Year Built: 1913
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 6
  • Total Bathrooms: 5.00
  • Price Per S Q F T: 243.06

Exterior Features

  • Tennis Court Y/N: No
  • Patio: Balcony, Covered Porch, Patio Open, Porch - Front
  • Pool: No

Garage/Parking

  • Other Spaces: 1
  • Parking Garage: Uncovered
  • Total Parking: 1

Utilities

  • Heating: Wall Gas

Lot Info

  • Assessed Improvement Value: 350142
  • Assessed Land Value: 169765
  • Assessor Parcel Number: 5183-018-005
  • Geocode Override: No
  • Lot Size Area: 5848

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110
  • Gross Rent Multiplier: 13.87
  • Number Of Units: 5
  • Type Of Units: Apartments

Range of Values:

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Value Increase
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Percent Increase
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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

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/19/2019 06/19/19 Sold $990,000 -5.7% $229 / Sq Ft
05/22/2019 05/22/19 Pending -- -- --
04/18/2019 04/18/19 For Sale $1,050,000 +136.0% $243 / Sq Ft
06/20/2013 06/20/13 Sold $445,000 -9.2% $103 / Sq Ft View Prior Sale
02/08/2013 02/08/13 Pending -- -- --
01/25/2013 01/25/13 For Sale $490,000 -- $113 / 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 $13,990 $1,104,359 $607,955 $496,404
2024 $13,990 $1,082,706 $596,035 $486,671
2023 $13,732 $1,061,478 $584,349 $477,129
2022 $13,121 $1,040,666 $572,892 $467,774
2021 $12,949 $1,020,261 $561,659 $458,602
2020 $13,083 $1,009,800 $555,900 $453,900
2019 $7,316 $540,909 $176,623 $364,286
2018 $7,237 $530,304 $173,160 $357,144
2016 $6,855 $509,714 $166,437 $343,277
2015 $6,765 $502,058 $163,937 $338,121
2014 $6,816 $492,224 $160,726 $331,498
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 19-455646

The MLS