NOT LISTED FOR SALE

2320 E 2nd St Los Angeles, CA 90033

Boyle Heights Neighborhood
8 Beds
5 Baths
4,278 Sq Ft
3,945 Sq Ft Lot

Last Sold May 23, 2019

Last sale price $900,000 $210 Per Sq Ft

5 Days on Market

About This Home

As of May 2019

5 Units Great Investment property in the heart of Boyle Heights right next to the metro, shops & restaurants. Also new construction in the area. No Vacancies 2 out of 5 of the units are upgraded. 2 single car garage, Long Term tenants.

Last Agent to Sell the Property

Mishelle Leblanc

Odyssey Realty Group License #01904987 Listed on: 04/08/2019

Last Buyer's Agent

Mishelle Leblanc

Odyssey Realty Group License #01904987 Listed on: 04/08/2019

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1930

Lot Details

  • 3,945 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage

Home Design

  • 4,278 Sq Ft Home

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 5 Bathrooms

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 1
  • Tax Tract Number 2044
  • Assessor Parcel Number 5183010002

Community Details

Overview

  • No Home Owners Association
  • 5 Units

Building Details

  • Rent Control
  • 1 Separate Gas Meter
  • 2 Separate Water Meters
  • Electric Expense $1,254
  • Insurance Expense $3,106
  • Maintenance Expense $750
  • Trash Expense $714
  • Water Sewer Expense $954
  • New Taxes Expense $6,808
  • Operating Expense $13,806
  • Gross Income $71,206
  • Net Operating Income $57,400

Property Details

Home Type

Multi-Family

Year Built

Built in 1930

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 954.00
  • Zoning: LARD1.5
  • Property Type: Residential Income
  • Parcel Number: 5183010002
  • Year Built: 1930
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 210.38

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Trash Expense: 714.00
  • 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: 0-1 Unit/Acre
  • Lot Size Sq Ft: 3945.00
  • Lot Size Acres: 0.0906

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Electric Expense: 1254.00
  • Gross Income: 71206.00
  • Gross Scheduled Income: 5934.00
  • Insurance Expense: 3106.00
  • Lot Size Area: 3945.0000 Square Feet
  • Maintenance Expense: 750.00
  • Net Operating Income: 57400.00
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 5
  • Operating Expense: 13806.00
  • Rent Control: Yes
  • Total Expenses: 13806.00

Tax Info

  • New Taxes Expense: 6808.00
  • Tax Census Tract: 2044.20
  • Tax Lot: 1
  • Tax Tract Number: 2044.2

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/23/2019 05/23/19 Sold $900,000 +2.4% $210 / Sq Ft
04/13/2019 04/13/19 Pending -- -- --
04/08/2019 04/08/19 For Sale $879,000 -- $205 / 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 $12,713 $1,003,963 $574,490 $429,473
2024 $12,713 $984,278 $563,226 $421,052
2023 $12,478 $964,980 $552,183 $412,797
2022 $11,922 $946,059 $541,356 $404,703
2021 $11,763 $927,510 $530,742 $396,768
2019 $10,920 $856,000 $492,000 $364,000
2018 $6,161 $448,911 $237,658 $211,253
2016 $5,821 $431,481 $228,431 $203,050
2015 $5,745 $425,000 $225,000 $200,000
2014 $4,980 $350,000 $150,000 $200,000
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2019

    Mishelle Leblanc

    Odyssey Realty Group

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW19080275

California Regional Multiple Listing Service (CRMLS)
California Los Angeles County Los Angeles 90033 Boyle Heights

2320 E 2nd St, Los Angeles, CA

Not Listed for Sale

MultiFamily

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