NOT LISTED FOR SALE

2231 Rogers Ave Los Angeles, CA 90023

Estimated Value: $604,000 - $794,000

4 Beds
1 Bath
1,304 Sq Ft
$532/Sq Ft Est. Value

Last Sold August 29, 2023

Last sale price $550,000 $422 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $4,353/month

100 Days on Market

Highlights

  • Laundry Room
  • Felicitas and Gonzalo Mendez High Rated A-
  • 1-Story Property

About This Home

As of August 2023

Take a look at this quaint Two on a Lot property in Boyle Heights. The property consists of two Free standing houses with no attached walls and is individually metered for all utilities creating minimal operating expenses and low-cost management. Both properties are currently occupied by long-term tenants and there is considerable rental upside. Each house has the potential to create its own private yard, or nice common area. This is a great value-add investment for any new property owner, or first-time buyer with an extended family. Rogers Ave is located just off Whittier Blvd and walking distance to the new 6th Bridge that gives direct access to the Arts District and DTLA. This is a great opportunity to acquire a property in a up and coming market, at a very attractive price point. There’s significant upside for the experienced investor and also space for the new family to grow.

Last Agent to Sell the Property

Justin McCardle

Growth Investment Group Pasade License #01895720 Listed on: 05/16/2023

Last Buyer's Agent

Diego Lazarte

Equity Union License #02115018

Equity Union

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,905

Year Built

  • Built in 1946

Lot Details

  • 5,044 Sq Ft Lot
  • No Common Walls
  • Density is 2-5 Units/Acre

Home Design

  • Duplex

Interior Spaces

  • 4 Bedrooms
  • 1,304 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Location

  • Urban Location

Listing and Financial Details

  • Tax Lot 8
  • Tax Tract Number 2046
  • Assessor Parcel Number 5183026008
  • $301 per year additional tax assessments

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $2,500
  • New Taxes Expense $7,282
  • Operating Expense $9,782
  • Gross Income $29,119
  • Net Operating Income $18,463

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,905

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Price Per Unit: 299500
  • Property Attached: No
  • Zoning: LARD1.5
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 5183026008
  • Year Built: 1946
  • Special Features: None

Interior Features

  • Stories: 1
  • Entry Location: Front and back
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Price Per Square Foot: 421.78

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 5044.00
  • Lot Size Acres: 0.1158

Multi Family

  • Gross Income: 29119.00
  • Gross Scheduled Income: 28944.00
  • Insurance Expense: 2500.00
  • Lot Size Area: 5044.0000 Square Feet
  • Net Operating Income: 18463.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 9782.00
  • Other Income1: 174.72
  • Other Income Description: SCEP Fees
  • Rent Control: Yes
  • Total Expenses: 9782.00

Tax Info

  • New Taxes Expense: 7282.00
  • Tax Census Tract: 2046.00
  • Tax Lot: 8
  • Tax Tract Number: 2046
  • TaxOtherAnnualAssessmentAmount: 301.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2023
Closed on
Oct 2, 2023
Sold by
Aguirre Deyanira Michelle
Bought by
Aguirre Deyanira Michelle and Baez Yssac Aguirre
Seller's Agent
Justin McCardle
Growth Investment Group Pasade
Buyer's Agent
Diego Lazarte
Equity Union
List Price
$599,000
Sold Price
$550,000
Premium/Discount to List
-$49,000
-8.18%
Views
140
Current Estimated Value
$693,222

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$143,222
Avg. Annual Appreciation
8.44%

Purchase Details

Closed on
Jul 20, 2011
Sold by
Lam Sam
Bought by
Lam Sam and Sam Lam Family Trust

Purchase Details

Closed on
May 6, 2009
Sold by
Homesales Inc
Bought by
Jp Morgan Mortgage Acquisition Corporati

Purchase Details

Closed on
Apr 29, 2009
Sold by
Jp Morgan Mortgage Acquisition Corporati
Bought by
Lam Sam

Purchase Details

Closed on
Dec 5, 2007
Sold by
Chase Home Finance Llc
Bought by
Homesales Inc

Purchase Details

Closed on
Aug 16, 2007
Sold by
Quintero Pablo
Bought by
Chase Home Finance Llc

Purchase Details

Closed on
Oct 13, 2006
Sold by
Rogers Avenue Trust #2231
Bought by
Quintero Pablo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
6.36%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 29, 2005
Sold by
Bozarth William R and Bozarth Jean S
Bought by
Rogers Avenue Trust #2231 and Shore Bird Llc

Purchase Details

Closed on
Nov 3, 1998
Sold by
Bozarth William R and Bozarth Jean S
Bought by
Bozarth William R and Bozarth Jean S
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 Buyer Sale Price Title Company
Aguirre Deyanira Michelle -- Accommodation/Courtesy Recordi
Lam Sam -- None Available
Jp Morgan Mortgage Acquisition Corporati -- Lsi Title Fnds Division
Lam Sam $120,000 Lsi Title Fnds Division
Homesales Inc -- Stewart Title Of Ca Inc
Chase Home Finance Llc $433,340 None Available
Quintero Pablo $550,000 First American Title Co
Rogers Avenue Trust #2231 $360,000 Investors Title Company
Bozarth William R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Quintero Pablo $110,000
Previous Owner Quintero Pablo $440,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/29/2023 08/29/23 Sold $550,000 -8.2% $422 / Sq Ft
08/24/2023 08/24/23 Pending -- -- --
05/16/2023 05/16/23 For Sale $599,000 -- $459 / 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 $6,905 $561,000 $336,600 $224,400
2024 $6,905 $550,000 $330,000 $220,000
2023 $2,004 $148,516 $61,880 $86,636
2022 $1,916 $145,605 $60,667 $84,938
2021 $1,886 $142,751 $59,478 $83,273
2020 $1,900 $141,289 $58,869 $82,420
2019 $1,833 $138,519 $57,715 $80,804
2018 $1,739 $135,804 $56,584 $79,220
2016 $1,648 $130,533 $54,388 $76,145
2015 $1,625 $128,574 $53,572 $75,002
2014 $1,642 $126,056 $52,523 $73,533
Source: Public Records

Agents Affiliated with this Home

  • Justin McCardle

    Seller's Agent in 2023

    Justin McCardle

    Growth Investment Group Pasade

    (626) 594-4901

    1 in this area

    27 Total Sales

    Justin McCardle
    Section Image
  • Diego Lazarte

    Buyer's Agent in 2023

    Diego Lazarte

    Equity Union

    (310) 879-7284

    1 in this area

    20 Total Sales

    Diego Lazarte
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR23084478

California Regional Multiple Listing Service (CRMLS)

APN: 5183-026-008

California Los Angeles County Los Angeles 90023

2231 Rogers Ave, Los Angeles, CA

This home is located at 2231 Rogers Ave, Los Angeles, CA 90023 since 16 May 2023 and is currently estimated at $693,222, approximately $531 per square foot. This property was built in 1946. 2231 Rogers Ave is a home located in Los Angeles County with nearby schools including Soto Street Elementary School, Hollenbeck Middle School, and Theodore Roosevelt 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

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