NOT LISTED FOR SALE

2422 E 3rd St Los Angeles, CA 90033

Boyle Heights Neighborhood
9 Beds
6 Baths
4,200 Sq Ft
6,230 Sq Ft Lot

Last Sold April 10, 2019

Last sale price $950,000 $226 Per Sq Ft

25 Days on Market

Highlights

  • Detached Carport Space
  • Ceiling Fan
  • 4-minute walk to Soto

About This Home

As of April 2019

This low maintenance 4,200 SF 6-Unit Multi-Family Apartment Building in the Boyle Heights neighborhood of East Los Angeles is located on 6,230 SF R1.5 zoned TOC Tier 3 lot. The property consists of a total of 6 units. The ground floor has 3 units consisting of (2) 1+1 units and (1) 2+1 unit. The second floor consists of (2) 1+1 units and(1) 3+1 unit. Two of the 1+1 units are currently vacant. All other tenants are currently on a month to month tenancy.The property is also located 0.2 miles (5 min walk) from the SOTO GOLD LINE METRO STATION connecting you to Union Station in Downtown LA (only 4 stops away) and Pasadena area. This area is considered a WALKER'S PARADISE with a score of 90. This opportunity is located in one of the most up & coming areas of Los Angeles. It will attract an investor looking to purchase a low maintenance multi-family property in a growing area within walking distance to public transportation, parks, schools & shopping

Last Agent to Sell the Property

David Yashar

Keller Williams Realty License #01102638 Listed on: 03/10/2019

Keller Williams Realty

Last Buyer's Agent

David Yashar

Keller Williams Realty License #01102638 Listed on: 03/10/2019

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1957

Lot Details

  • 6,230 Sq Ft Lot

Interior Spaces

  • 4,200 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 6 Bathrooms

Parking

  • 6 Parking Spaces
  • Detached Carport Space

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas

Community Details

  • 6 Units

Listing and Financial Details

  • Assessor Parcel Number 5180-004-023

Property Details

Home Type

Multi-Family

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 4200
  • Stories: 2
  • Year Built: 1957
  • State Abbrv: CA
  • Special Features: RealEstateOwned
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 9
  • Total Bathrooms: 6.00
  • Equipment: Ceiling Fan
  • Price Per S Q F T: 284.52

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Parking Garage: Carport Detached
  • Total Parking: 6

Utilities

  • Cooling: Wall/Window
  • Heating: Natural Gas

Lot Info

  • Assessed Improvement Value: 441660
  • Assessed Land Value: 306000
  • Assessor Parcel Number: 5180-004-023
  • Geocode Override: No
  • Lot Size Area: 6230

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110
  • Gross Rent Multiplier: 14.70
  • Number Of Units: 6
  • Rent Control: 100
  • Type Of Units: Apartments

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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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

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/10/2019 04/10/19 Sold $950,000 -20.5% $226 / Sq Ft
04/04/2019 04/04/19 Pending -- -- --
03/10/2019 03/10/19 For Sale $1,195,000 +44.0% $285 / Sq Ft
08/01/2017 08/01/17 Sold $830,000 -12.6% $198 / Sq Ft View Prior Sale
05/22/2017 05/22/17 Pending -- -- --
05/05/2017 05/05/17 For Sale $949,999 +14.5% $226 / Sq Ft
02/15/2017 02/15/17 Off Market $830,000 -- --
01/19/2017 01/19/17 Price Changed $949,999 -9.4% $226 / Sq Ft
12/20/2016 12/20/16 Price Changed $1,048,000 -12.7% $250 / Sq Ft
12/15/2016 12/15/16 For Sale $1,200,000 +63.7% $286 / Sq Ft
04/20/2016 04/20/16 Sold $733,000 -2.3% $175 / Sq Ft View Prior Sale
02/20/2016 02/20/16 Pending -- -- --
02/19/2016 02/19/16 For Sale $750,000 -- $179 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • David Yashar

    Seller's Agent in 2019

    David Yashar

    Keller Williams Realty

    (310) 724-8066

    1 in this area

    11 Total Sales

    David Yashar
    Section Image

  • A

    Seller's Agent in 2017

    Ali Hijazi

    Century 21 A Better Service

    Section Image

  • N

    Buyer's Agent in 2017

    NoEmail NoEmail

    None MRML

    (646) 541-2551

    2 in this area

    6,183 Total Sales

    NoEmail NoEmail
    Section Image

  • R

    Seller's Agent in 2016

    Rosa Maldonado

    Century 21 Masters

    Section Image
See All Agents

Map

Source: The MLS

MLS Number: 19-442864

The MLS
California Los Angeles County Los Angeles 90033 Boyle Heights

2422 E 3rd St, Los Angeles, CA

Not Listed for Sale

MultiFamily

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