Seller's Agent in 2022
Raphael Ordonez
Century 21 Adams & Barnes
(626) 226-9437
1 in this area
11 Total Sales
2131 Mozart St Los Angeles, CA 90031
Lincoln Heights NeighborhoodEstimated Value: $859,047 - $1,356,000
7
Beds
3
Baths
3,106
Sq Ft
$330/Sq Ft
Est. Value
Highlights
- Corner Lot
- Neighborhood Views
- Chain Link Fence
- Abraham Lincoln High School Rated A
- Laundry Room
About This Home
As of May 2022Situated within the Lincoln Heights area of Los Angeles, this triplex is just east of Downtown LA. The triplex is divided in two structures. The main building is two stories with 2,578 sq ft, has two spacious units on each floor that have full kitchens, full bathrooms, 3 spacious bedrooms and large living rooms. Both units also have their own private entrance, with top unit having an additional stairway from the backyard. There is long fenced driveway which can park several cars on the property. The main building is perfect for a large family or for the new owners to live in one unit and rent the other to help build their equity faster. The third unit is a stand alone 528 sq ft house with one bedroom, one bath and kitchenette; it's address is 2107 Daly St and is currently tenant occupied. The triplex is just one block north of the Main St exit of the I-5N freeway and the entrances to the I-5 & I-10 freeways are also close by. There are many shops and restaurants and several schools within walking distance, and just a mile in distance is the University of Southern California Health Sciences Campus. For an investor, there is plenty of upside as the triplex can be updated and rented out to students or staff of the LAC+USC Medical center down the street or the rooms can be used as short term rentals for visitors of LA. Very close to Dodger Stadium, Chinatown, and Little Tokyo! So much potential for this triplex in Lincoln Heights, a great location in Los Angeles!
Last Agent to Sell the Property
Century 21 Adams & Barnes License #01958950 Listed on: 03/25/2022
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,650
Year Built
- Built in 1914
Lot Details
- 4,798 Sq Ft Lot
- Two or More Common Walls
- Chain Link Fence
- Corner Lot
- Density is up to 1 Unit/Acre
Home Design
- Property Attached
Interior Spaces
- 3,106 Sq Ft Home
- Neighborhood Views
- Laundry Room
Bedrooms and Bathrooms
- 7 Bedrooms
- 3 Bathrooms
Parking
- 2 Open Parking Spaces
- 2 Parking Spaces
- Parking Available
- Driveway
- Paved Parking
Location
- Urban Location
Listing and Financial Details
- Tax Lot 3
- Tax Tract Number 2
- Assessor Parcel Number 5204008018
- $446 per year additional tax assessments
Community Details
Overview
- 2 Buildings
- 3 Units
Building Details
- 1 Leased Unit
- Rent Control
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- 3 Separate Water Meters
- Insurance Expense $1,200
- Trash Expense $35
- New Taxes Expense $5,925
- Operating Expense $7,160
- Gross Income $5,040
- Net Operating Income $4,440
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/04/2022 05/04/22 | Sold | $815,000 | -1.6% | $262 / Sq Ft |
| 03/29/2022 03/29/22 | Pending | -- | -- | -- |
| 03/25/2022 03/25/22 | For Sale | $828,000 | -- | $267 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $10,650 | $864,883 | $626,112 | $238,771 |
| 2024 | $10,650 | $847,926 | $613,836 | $234,090 |
| 2023 | $4,034 | $296,582 | $166,622 | $129,960 |
| 2022 | $3,858 | $290,767 | $163,355 | $127,412 |
| 2021 | $3,796 | $285,066 | $160,152 | $124,914 |
| 2020 | $3,827 | $282,144 | $158,510 | $123,634 |
| 2019 | $3,690 | $276,612 | $155,402 | $121,210 |
| 2018 | $3,614 | $271,189 | $152,355 | $118,834 |
| 2016 | $3,427 | $260,660 | $146,440 | $114,220 |
| 2015 | $3,381 | $256,746 | $144,241 | $112,505 |
| 2014 | $3,410 | $251,718 | $141,416 | $110,302 |
Source: Public Records
Agents Affiliated with this Home
-
Raphael Ordonez
-
Cristian Figueroa
Buyer's Agent in 2022
Cristian Figueroa
Realty ONE Group United
(323) 337-4309
1 in this area
18 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: AR22059902
APN: 5204-008-018
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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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