$720,000
SOLD AUG 8, 2025

221 S Rowan Ave Los Angeles, CA 90063

6 Beds
4 Baths
2,337 Sq Ft
6,853 Sq Ft Lot

Recently Sold

$308 Per Sq Ft

6% Below List Price

59 Days on Market

Highlights

  • No HOA
  • Wall Furnace
  • 1-Story Property
  • James A. Garfield Senior High School Rated A

About This Home

As of August 2025

**Charming multi-family property in East Los Angeles – A Perfect Opportunity!**
Discover this beautiful multi-unit in the heart of East Los Angeles, ideal for investors. The property features a total of 2-bedrooms, 2-bathrooms in the front and 4-bedrooms, 2-bathrooms in the back.
Conveniently located near major freeways, public transportation, and shopping, this property offers both comfort and accessibility.
Don't miss out on this incredible opportunity to elevate your investment portfolio. Seize the chance to own a multi-family property strategically located near Downtown LA, ensuring both immediate and long-term profitability. Contact us today to take the next step in securing your financial success. **Property is being sold as is**

Last Agent to Sell the Property

Victoria Andocilla

VIP Loans and Real Estate Brokerage Phone: 626-715-6324 License #01488574 Listed on: 12/11/2024

Co-Listed By

BORIS ANDOCILLA

JohnHart Corp. Brokerage Phone: 626-715-6324 License #01961963

Last Buyer's Agent

Victoria Andocilla

VIP Loans and Real Estate Brokerage Phone: 626-715-6324 License #01488574 Listed on: 12/11/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,644

Year Built

  • Built in 1908

Lot Details

  • 6,853 Sq Ft Lot
  • No Common Walls
  • Density is 2-5 Units/Acre

Home Design

  • Duplex
  • Entry on the 1st floor
  • Shingle Roof

Interior Spaces

  • 2,337 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Utilities

  • Wall Furnace

Listing and Financial Details

  • Legal Lot and Block 17 / 28
  • Tax Tract Number 531
  • Assessor Parcel Number 5232016018
  • $1,245 per year additional tax assessments
  • Seller Considering Concessions

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $63,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,644

Year Built

Built in 1908

Lot Details

0

Listing Details

  • Price Per Unit: 385000
  • Property Attached: No
  • View: No
  • Zoning: LCR2*
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 5232016018
  • Year Built: 1908
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Price Per Square Foot: 308.09
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No
  • Roof: Shingle
  • Spa: No

Utilities

  • Heating: Yes
  • Laundry: No
  • Heating Type: Wall Furnace
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 6853.00
  • Lot Size Acres: 0.1573

Multi Family

  • Gross Income: 63600.00
  • Gross Scheduled Income: 63600.00
  • Lot Size Area: 6853.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • Tax Block: 28
  • Tax Census Tract: 5311.01
  • Tax Lot: 17
  • Tax Tract Number: 531...
  • TaxOtherAnnualAssessmentAmount: 1245.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 11, 2024
Closed on
Aug 6, 2025
Sold by
Alcantar Ana L
Bought by
Mascote Ubaldo Alcantar
Seller's Agent
Victoria Andocilla
VIP Loans and Real Estate
Buyer's Agent
Victoria Andocilla
VIP Loans and Real Estate
List Price
$770,000
Sold Price
$720,000
Premium/Discount to List
-$50,000
-6.49%
Views
101

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
118.23%
Original Mortgage
$525,600
Outstanding Balance
$525,600
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$246,786

Purchase Details

Listed on
Dec 11, 2024
Closed on
Jul 24, 2025
Sold by
Juan Antonio Berumen and Juan Martha Alicia
Bought by
Alcantar Alejandro and Alcantar Daniel
Seller's Agent
Victoria Andocilla
VIP Loans and Real Estate
Buyer's Agent
Victoria Andocilla
VIP Loans and Real Estate
List Price
$770,000
Sold Price
$720,000
Premium/Discount to List
-$50,000
-6.49%
Views
101

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$525,600
Outstanding Balance
$525,600
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$246,786
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Grant Deed -- Socal Title Company
Grant Deed $720,000 Socal Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $525,600 New Conventional
Previous Owner $139,750 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/08/2025 08/08/25 Sold $720,000 -6.5% $308 / Sq Ft
02/08/2025 02/08/25 Pending -- -- --
12/11/2024 12/11/24 For Sale $770,000 -- $329 / 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 $2,644 $104,879 $46,777 $58,102
2024 $2,644 $102,823 $45,860 $56,963
2023 $2,442 $100,808 $44,961 $55,847
2022 $2,367 $98,832 $44,080 $54,752
2021 $2,330 $96,895 $43,216 $53,679
2020 $2,335 $95,902 $42,773 $53,129
2019 $2,280 $94,023 $41,935 $52,088
2018 $2,123 $92,180 $41,113 $51,067
2016 $2,024 $88,602 $39,517 $49,085
2015 $2,000 $87,272 $38,924 $48,348
2014 $2,009 $85,563 $38,162 $47,401
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV24248256

California Regional Multiple Listing Service (CRMLS)

APN: 5232-016-018