NOT LISTED FOR SALE
9 Beds
6 Baths
4,200 Sq Ft
6,230 Sq Ft Lot

Sale Details

Date 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

6,230 Sq Ft Lot

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

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
Mar 10, 2019
Closed on
Apr 8, 2019
Sold by
Bought by
Seller's Agent
David Yashar
Keller Williams Realty
Buyer's Agent
David Yashar
Keller Williams Realty
List Price
$1,195,000
Sold Price
$950,000
Premium/Discount to List
-$245,000
-20.5%

Purchase Details

Closed on
May 23, 2017
Sold by
Bought by

Purchase Details

Listed on
Apr 14, 2016
Closed on
Feb 24, 2016
Sold by
Bought by
Seller's Agent
Rosa Maldonado
Century 21 Masters
Buyer's Agent
Rosa Maldonado
Century 21 Masters
List Price
$750,000
Sold Price
$733,000
Premium/Discount to List
-$17,000
-2.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
0.0368%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 11, 2008
Sold by
Bought by

Purchase Details

Closed on
Mar 21, 2005
Sold by
Bought by

Purchase Details

Closed on
Feb 8, 1997
Sold by
Bought by

Purchase Details

Closed on
May 17, 1994
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
$950,000 Old Republic Title Company
$930,000 Fidelity National Title Co
$733,000 Lawyers Title
-- None Available
-- --
-- --
-- --
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 $669,500
Previous Owner $550,000
Previous Owner $310,000
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 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

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 $13,661 $1,059,737 $638,074 $421,663
2024 $13,478 $1,038,959 $625,563 $413,396
2023 $13,230 $1,018,589 $613,298 $405,291
2022 $12,644 $998,618 $601,273 $397,345
2021 $12,479 $979,038 $589,484 $389,554
2019 $12,118 $948,600 $388,620 $559,980
2018 $11,974 $930,000 $381,000 $549,000
2016 $5,422 $393,012 $92,039 $300,973
2015 $5,353 $387,110 $90,657 $296,453
2014 $5,408 $379,528 $88,882 $290,646
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 19-442864

The MLS
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