NOT LISTED FOR SALE

Estimated Value: $1,057,000 - $1,235,825

6 Beds
2 Baths
2,432 Sq Ft
$466/Sq Ft Est. Value

Last Sold June 22, 2022

Last sale price $1,059,888 $436 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $6,933/month

115 Days on Market

About This Home

As of June 2022

LOCATION, LOCATION, LOCATION!!!
Investors dream property. Two separate units in the heart of Boyle Heights. Walking distance to the well known Cesar Chavez Ave... this property is a R4 zoning, a great opportunity to build more units on it, close to Freeways, schools and shopping centers. Huge lot and lots of parking space. This one won't last long contact us to make an appointment and show it. Please don't disturb tenants.

Last Agent to Sell the Property

ARTURO LOPEZ

PREMIER REAL ESTATE License #01398750 Listed on: 12/28/2021

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1922

Lot Details

  • 9,045 Sq Ft Lot
  • 1 Common Wall
  • Density is 2-5 Units/Acre

Home Design

  • 2,432 Sq Ft Home
  • Duplex

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Bathrooms

Parking

  • Parking Available
  • RV Access or Parking

Listing and Financial Details

  • Tax Lot 14
  • Tax Tract Number 204420
  • Assessor Parcel Number 5183002015
  • $441 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $150
  • Trash Expense $60
  • Operating Expense $210
  • Gross Income $2,500
  • Net Operating Income $210

Property Details

Home Type

Multi-Family

Year Built

Built in 1922

Lot Details

9,045 Sq Ft Lot

Listing Details

  • Property Attached: Yes
  • Zoning: LAR4
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 5183002015
  • Year Built: 1922
  • Special Features: None

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 435.81

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: RV Access/Parking

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Trash Expense: 60.00
  • 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: 2-5 Units/Acre
  • Lot Size Sq Ft: 9045.00
  • Lot Size Acres: 0.2076

Multi Family

  • Gross Income: 2500.00
  • Gross Scheduled Income: 2500.00
  • Insurance Expense: 150.00
  • Lot Size Area: 9045.0000 Square Feet
  • Net Operating Income: 210.00
  • 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: 210.00
  • Rent Control: Yes
  • Total Expenses: 210.00

Tax Info

  • Tax Census Tract: 2044.20
  • Tax Lot: 14
  • Tax Tract Number: 204420
  • TaxOtherAnnualAssessmentAmount: 441.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 28, 2021
Closed on
May 4, 2022
Sold by
Liliana Ortiz
Bought by
Echo Homes Llc
Seller's Agent
ARTURO LOPEZ
PREMIER REAL ESTATE
List Price
$1,100,000
Sold Price
$1,059,888
Premium/Discount to List
-$40,112
-3.65%
Current Estimated Value
$1,133,456

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,568
Avg. Annual Appreciation
1.83%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Echo Homes Llc $1,050,000 Old Republic Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/22/2022 06/22/22 Sold $1,059,888 -3.6% $436 / Sq Ft
04/22/2022 04/22/22 Pending -- -- --
02/15/2022 02/15/22 For Sale $1,100,000 0.0% $452 / Sq Ft
12/29/2021 12/29/21 Pending -- -- --
12/28/2021 12/28/21 For Sale $1,100,000 -- $452 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $13,328 $1,114,268 $1,114,268 --
2024 $13,328 $1,092,420 $1,092,420 --
2023 $13,320 $1,071,000 $816,000 $255,000
2022 $1,124 $63,360 $38,700 $24,660
2021 $1,097 $62,119 $37,942 $24,177
2020 $1,099 $61,783 $37,553 $24,230
2019 $1,071 $60,578 $36,817 $23,761
2018 $940 $59,397 $36,096 $23,301
2016 $870 $56,804 $34,696 $22,108
2015 $860 $55,951 $34,175 $21,776
2014 $877 $54,856 $33,506 $21,350
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV21269512

California Regional Multiple Listing Service (CRMLS)

APN: 5183-002-015

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