Corina Preece
EXCELLENCE RE REAL ESTATE
(657) 325-8860
48 Total Sales
2 in Boyle Heights
$450K - $2.1M Price Range
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.
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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
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 29, 2015
Closed on
Nov 17, 2015
Sold by
Bought by
Seller's Agent
JOSE ALDAY
Alday Realty
Buyer's Agent
Jesse Stamps
Keller Williams Beverly Hills
List Price
$780,000
Sold Price
$790,000
Premium/Discount to List
$10,000
1.28%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$474,600
Interest Rate
3.76%
Mortgage Type
Commercial
Purchase Details
Closed on
May 30, 2002
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
6.51%
Mortgage Type
Commercial
Purchase Details
Closed on
Mar 11, 2002
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Boyle Heights, CA
-
Corina Preece
-
Roddy de la Garza
Roddy de la Garza
Epique Realty
(323) 615-1579
120 Total Sales
2 in Boyle Heights
$675,800 Price Range
-
Danielle Fontes
Danielle Fontes
KALEO REAL ESTATE COMPANY
(626) 602-9673
33 Total Sales
2 in Boyle Heights
$440,000 Price Range
-
Gonzalo Gomez
Gonzalo Gomez
EXCELLENCE RE REAL ESTATE
(562) 414-5730
39 Total Sales
2 in Boyle Heights
$965,000 Price Range
-
George Cordova
George Cordova
EXP REALTY OF CALIFORNIA INC
(626) 602-2962
52 Total Sales
1 in Boyle Heights
$601,000 Price
-
Bong Sung
Bong Sung
Mega Realty
(323) 831-8559
24 Total Sales
1 in Boyle Heights
$685,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $790,000 | Fidelity Sherman Oaks | ||
| $278,000 | Southland Title | ||
| -- | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $750,000 | ||
| Closed | $515,000 | ||
| Closed | $474,600 | ||
| Previous Owner | $83,700 | ||
| Previous Owner | $292,700 | ||
| Previous Owner | $195,000 | ||
| Previous Owner | $20,000 | ||
| Previous Owner | $167,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $12,226 | $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
J
Seller's Agent in 2015
JOSE ALDAY
Alday Realty
(323) 646-5676
5 Total Sales
-
Jesse Stamps
Buyer's Agent in 2015
Jesse Stamps
Keller Williams Beverly Hills
(310) 963-8939
7 in this area
20 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: WS15209436
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.
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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