J
Seller's Agent in 2015
JOSE ALDAY
Alday Realty
(323) 646-5676
6 Total Sales
2311 E 2nd St Los Angeles, CA 90033
Boyle Heights Neighborhood
6
Beds
5
Baths
4,492
Sq Ft
7,403
Sq Ft Lot
Highlights
- No HOA
- 3-minute walk to Soto
- Rectangular Lot
- Energy-Efficient Windows
About This Home
As of November 2015Extremely well maintained 5 unit residential income property in Boyle Heights! Main building has a charming exterior and consists four very large one bedroom units. The 5th Unit, a 2 Bedroom and 1 Bath house is currently owner occupied and will be delivered vacant.
The garages were converted by previous owners into two additional one bedroom one bath units that were previously rented for $500 per month (not included in rent schedule) each of which will be delivered vacant.
Approximately 10 years ago or less, the following were performed; Electrical panel upgrade, New roof installed, New copper incoming plumbing and New outgoing plumbing lines replaced from throughout to sewer. New, quality wood laminate flooring recently installed.
and exterior of 2 story building recently repainted.
The on site parking, which is currently reserved exclusively for the owner occupant of the 2 bedroom house, has three (3) parking spaces and a potential total for (5) vehicles when parked in tandem. Major freeways 10, 5, and 101 easily accessible.
The property is situated a block from the Metro Gold Line Soto Station near the intersection of Soto and 1st St. and is a short drive from Downtown Los Angeles and the Arts District.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1922
Lot Details
- 7,403 Sq Ft Lot
- Two or More Common Walls
- Rectangular Lot
Home Design
- Property Attached
Interior Spaces
- 4,492 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 6 Bedrooms
- 5 Bathrooms
Parking
- 5 Parking Spaces
- Parking Available
- Assigned Parking
Additional Features
- Energy-Efficient Windows
- Urban Location
Listing and Financial Details
- Tenant pays for cable TV, electricity, gas
- Tax Lot 5
- Assessor Parcel Number 5183009039
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 5 Units
Building Details
- 4 Leased Units
- Rent Control
- 5 Separate Electric Meters
- 5 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $1,184
- Trash Expense $456
- Water Sewer Expense $2,400
- New Taxes Expense $9,750
- Gross Income $5,932
- Net Operating Income $47,221
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/30/2015 11/30/15 | Sold | $790,000 | +1.3% | $176 / Sq Ft |
| 10/01/2015 10/01/15 | Pending | -- | -- | -- |
| 09/15/2015 09/15/15 | For Sale | $780,000 | -- | $174 / 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 | $12,059 | $935,195 | $473,516 | $461,679 |
| 2024 | $12,059 | $916,859 | $464,232 | $452,627 |
| 2023 | $11,840 | $898,882 | $455,130 | $443,752 |
| 2022 | $11,321 | $881,257 | $446,206 | $435,051 |
| 2021 | $11,170 | $863,978 | $437,457 | $426,521 |
| 2019 | $10,855 | $838,354 | $424,483 | $413,871 |
| 2018 | $10,704 | $821,916 | $416,160 | $405,756 |
| 2016 | $10,962 | $790,000 | $400,000 | $390,000 |
| 2015 | $4,750 | $335,005 | $156,656 | $178,349 |
| 2014 | $4,797 | $328,444 | $153,588 | $174,856 |
Source: Public Records
Agents Affiliated with this Home
-
JOSE ALDAY
-
Jesse Stamps
Buyer's Agent in 2015
Jesse Stamps
Keller Williams Beverly Hills
(310) 963-8939
9 in this area
20 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: WS15209436
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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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