NOT LISTED FOR SALE

Estimated Value: $922,656 - $1,062,000

2 Beds
1 Bath
1,214 Sq Ft
$817/Sq Ft Est. Value

Last Sold September 04, 2018

Last sale price $660,000 $544 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $5,895/month

46 Days on Market

Highlights

  • Property is near park and public transit
  • Family Room
  • No Heating
  • No HOA
  • Level Lot
  • 1-Story Property

About This Home

As of September 2018

Great Opportunity for Owner or Great Investment opportunity.
Great location. In the heart of Los Angeles. Boyle Heights is one of the hottest markets in Northeast Los Angeles. Excellent location in a neighborhood going through rapid changes and improvement. Key location near to downtown ideal for people from all walks of life. Close to restaurants, banks, markets, schools, freeways, and bus stops. House has new stucco, new widows.
Property is zoned in an R3 Area. According to the City, 8 units cans be built with a minimum of 800 square feet per dwelling unit. Height would be limited to 45 feet. Can only build three times the buildable area. Buildable area is square footage that accounts for front yard, side yard, and rear yard requirements. 50 feet on the front and rear. And 140 feet on each side for a lot size of roughly 7000 ft.
Buyers and agents to satisfy themselves and do own due diligence with City of Los Angeles regarding business, permit, and building square footage. Information here is deemed reliable but not guaranteed. No binding representations are made in any form in the preceding paragraph. SOLD AS IS PRESENT CONDITION.

Last Agent to Sell the Property

MARIA ELENA GAVILANES

MARTIN G. GAVILANES, BROKER License #01122876 Listed on: 04/03/2018

Last Buyer's Agent

Brett Modeer

Alpha Beta Appraisal License #AR044999

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1904

Lot Details

  • 6,999 Sq Ft Lot
  • Level Lot
  • Density is 2-5 Units/Acre
  • Value in Land
  • Property is zoned LAR3

Interior Spaces

  • 1,214 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Gas Range

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Location

  • Property is near park and public transit
  • Urban Location

Utilities

  • No Heating
  • Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 6 / 13
  • Assessor Parcel Number 5177034007

Home Details

Home Type

Single Family

Year Built

Built in 1904

Lot Details

0

Listing Details

  • Assessments: Yes
  • Ad Number: 626 695 7186
  • Property Attached: No
  • View: No
  • Zoning: LAR3
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5177034007
  • Year Built: 1904
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1214.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 543.66
  • Room Type: All Bedrooms Down, Family Room

Exterior Features

  • Pool Private: No

Utilities

  • Heating: No
  • Laundry: No
  • Appliances: Gas Range, Gas Water Heater
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Lot 6500-9999, Level, Near Public Transit, Park Nearby, Value In Land
  • Lot Size Sq Ft: 6999.00

Multi Family

  • Lease Considered: No
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 13
  • Tax Census Tract: 2037.20
  • Tax Lot: 6
  • Tax Tract Number: MR

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 7, 2018
Sold by
Fregoso Jose
Bought by
2432 Cincinnati Llc
Current Estimated Value
$992,328
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
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

Purchase History

Date Buyer Sale Price Title Company
2432 Cincinnati Llc $660,000 Chicago Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/04/2018 09/04/18 Sold $660,000 -5.7% $544 / Sq Ft
05/19/2018 05/19/18 Pending -- -- --
05/07/2018 05/07/18 For Sale $699,888 0.0% $577 / Sq Ft
04/16/2018 04/16/18 Pending -- -- --
04/03/2018 04/03/18 For Sale $699,888 -- $577 / 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 $8,842 $736,241 $736,241 --
2024 $8,842 $721,805 $721,805 --
2023 $8,670 $707,652 $707,652 $0
2022 $8,264 $693,777 $693,777 $0
2021 $8,309 $680,174 $476,122 $204,052
2019 $8,063 $660,000 $462,000 $198,000
2018 $2,680 $206,050 $184,666 $21,384
2017 $2,622 $202,011 $181,046 $20,965
2016 $2,554 $198,051 $177,497 $20,554
2015 $2,519 $195,077 $174,831 $20,246
2014 $2,536 $191,257 $171,407 $19,850
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV18072037

California Regional Multiple Listing Service (CRMLS)

APN: 5177-034-007