NOT LISTED FOR SALE

2227 W 2nd St Los Angeles, CA 90057

Westlake Neighborhood

Estimated Value: $879,000 - $1,317,000

6 Beds
4 Baths
2,656 Sq Ft
$440/Sq Ft Est. Value

Last Sold November 30, 2016

Last sale price $715,000 $269 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $7,169/month

13 Days on Market

Highlights

  • Fireplace in Kitchen
  • Lawn
  • Accessible Parking
  • Property is near a park
  • No HOA
  • 4-minute walk to Lake Street Park

About This Home

As of November 2016

Four-unit multi-family property located in close proximity to Downtown Los Angeles.
Featuring 3 attached 1 bedroom 1 bath units, and 1 detached 3 bedrooms 1 bath unit. Lot zoned R3. Easy access to Freeways. Huge Potential! Buyer and Buyer's agent to do their own due diligence.

Last Agent to Sell the Property

Rosa Rodriguez

REALTY ONE GROUP WEST License #01709445 Listed on: 09/30/2016

REALTY ONE GROUP WEST

Last Buyer's Agent

Wilson Tsai

Kelton Group, Inc. License #01740357

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,304

Year Built

  • Built in 1924

Lot Details

  • 6,784 Sq Ft Lot
  • 1 Common Wall
  • Wood Fence
  • Chain Link Fence
  • Lawn

Home Design

  • Quadruplex
  • Raised Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 2,656 Sq Ft Home
  • 1-Story Property
  • Free Standing Fireplace
  • Gas Fireplace
  • Living Room with Fireplace
  • Fireplace in Kitchen

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Location

  • Property is near a park
  • Property is near public transit
  • Urban Location

Additional Features

  • Accessible Parking
  • Exterior Lighting

Listing and Financial Details

  • Tenant pays for electricity, gas, sewer
  • Tax Lot 47
  • Tax Tract Number 5383
  • Assessor Parcel Number 5154010028

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 4 Units

Building Details

  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Water Sewer Expense $2,400
  • New Taxes Expense $4,257

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,304

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Water Sewer Expenses: 2400.00
  • Zoning: LAR3
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 5154010028
  • Year Built: 1924
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Unfurnished
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Accessibility Features: Parking
  • Fireplace Features: Kitchen, Living Room, Gas, Free Standing
  • Levels: One
  • Price Per Square Foot: 269.20
  • Room Type: Kitchen, Living Room, Main Floor Bedroom

Exterior Features

  • Foundation: Raised
  • Fence: Yes
  • Fencing: Chain Link, Wood
  • Pool Private: No
  • Roof: Composition
  • Construction Materials: Stucco

Utilities

  • Utilities: Electricity Connected, Sewer Connected, Water Connected
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lawn, Lot 6500-9999, Near Public Transit, Park Nearby
  • Lot Size Sq Ft: 6784.00

Rental Info

  • Tenant Pays: Electricity, Gas, Sewer

Tax Info

  • New Taxes Expense: 4257.00
  • Tax Census Tract: 2085.02
  • Tax Lot: 47
  • Tax Tract Number: 5383

Multi Family

  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 7640.00
  • Rent Control: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 25, 2021
Sold by
Amor Hannah A
Bought by
Won Joseph C
Current Estimated Value
$1,142,510

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$735,000
Outstanding Balance
$660,371
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$507,792

Purchase Details

Closed on
Feb 23, 2021
Sold by
Won Joseph C
Bought by
2227 2Nd Street Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$735,000
Outstanding Balance
$660,371
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$507,792

Purchase Details

Closed on
Apr 7, 2020
Sold by
Won Joseph C
Bought by
2227 2Nd Street Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$740,000
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 19, 2020
Sold by
Amor Hannah A
Bought by
Won Joseph C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$740,000
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 17, 2020
Sold by
2227 2Nd Street Llc
Bought by
Won Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$740,000
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 30, 2016
Closed on
Nov 17, 2016
Sold by
Lopez Ofelia
Bought by
Lopez Romeo
Seller's Agent
Rosa Rodriguez
REALTY ONE GROUP WEST
Buyer's Agent
Wilson Tsai
Kelton Group, Inc.
List Price
$700,000
Sold Price
$715,000
Premium/Discount to List
$15,000
2.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.81%

Purchase Details

Listed on
Sep 30, 2016
Closed on
Oct 19, 2016
Sold by
Lopez Romeo and Lopez Armando
Bought by
2227 2Nd Street Llc
Seller's Agent
Rosa Rodriguez
REALTY ONE GROUP WEST
Buyer's Agent
Wilson Tsai
Kelton Group, Inc.
List Price
$700,000
Sold Price
$715,000
Premium/Discount to List
$15,000
2.14%

Purchase Details

Closed on
Jun 9, 1999
Sold by
R M F Enterprises Inc
Bought by
Lopez Romeo and Lopez Armando

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,355
Interest Rate
7.7%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 28, 1998
Sold by
Highland Federal Bank Fsb
Bought by
Rmf Enterprises Inc

Purchase Details

Closed on
Dec 15, 1998
Sold by
Jaswal Girdhari L and Jaswal Kamla D
Bought by
Highland Federal Bank Fsb
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Won Joseph C -- Fidelity National Title Co
2227 2Nd Street Llc -- Fidelity National Title Co
Won Joseph C -- Fidelity National Title
2227 2Nd Street Llc -- None Available
Won Joseph C -- Fidelity National Title Co
Won Joseph -- Fidelity National Ttl Co Ie
Lopez Romeo -- Orange Coast Title Company
Lopez Armando -- Orange Coast Title Company
2227 2Nd Street Llc $715,000 Orange Coast Title Company
Lopez Romeo $245,000 Fidelity National Title Ins
Rmf Enterprises Inc $110,000 Fidelity National Title
Highland Federal Bank Fsb $142,246 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Won Joseph C $735,000
Previous Owner Won Joseph $740,000
Previous Owner Lopez Romeo $242,000
Previous Owner Lopez Romeo $237,732
Previous Owner Lopez Romeo $243,355
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2016 11/30/16 Sold $715,000 +2.1% $269 / Sq Ft
10/12/2016 10/12/16 Pending -- -- --
09/29/2016 09/29/16 For Sale $700,000 -- $264 / 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 $10,304 $829,814 $580,292 $249,522
2024 $10,304 $813,544 $568,914 $244,630
2023 $10,114 $797,593 $557,759 $239,834
2022 $9,659 $781,955 $546,823 $235,132
2021 $9,532 $766,623 $536,101 $230,522
2020 $9,625 $758,763 $530,604 $228,159
2019 $9,255 $743,886 $520,200 $223,686
2018 $9,111 $729,300 $510,000 $219,300
2016 $3,973 $318,081 $167,479 $150,602
2015 $4,225 $313,304 $164,964 $148,340
2014 $4,263 $307,168 $161,733 $145,435
Source: Public Records

Agents Affiliated with this Home

  • Rosa Rodriguez

    Seller's Agent in 2016

    Rosa Rodriguez

    REALTY ONE GROUP WEST

    (909) 803-3400

    23 Total Sales

    Section Image

  • W

    Buyer's Agent in 2016

    Wilson Tsai

    Kelton Group, Inc.

    (310) 616-6889

    6 Total Sales

    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV16714447

California Regional Multiple Listing Service (CRMLS)

APN: 5154-010-028

California Los Angeles County Los Angeles 90057 Westlake

2227 W 2nd St, Los Angeles, CA

This home is located at 2227 W 2nd St, Los Angeles, CA 90057 since 30 September 2016 and is currently estimated at $1,168,163, approximately $439 per square foot. This property was built in 1924. 2227 W 2nd St is a home located in Los Angeles County with nearby schools including Rosemont Avenue Elementary School, Sal Castro Middle School, and Belmont High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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

Nearby Homes