NOT LISTED FOR SALE

2439 E 7th St Los Angeles, CA 90023

Estimated Value: $962,000 - $1,193,000

8 Beds
4 Baths
2,996 Sq Ft
$355/Sq Ft Est. Value

Last Sold May 03, 2023

Last sale price $946,433 $316 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $6,806/month

57 Days on Market

Highlights

  • Traditional Architecture
  • No HOA
  • Laundry Room
  • Felicitas and Gonzalo Mendez High Rated A-
  • Cooling System Mounted To A Wall/Window
  • Central Heating

About This Home

As of May 2023

This is it! The opportunity that you have been looking for!! 3 homes in a lot. YES 3 homes in a lot! PLUS garage converted into an ADU. Front house recently remodeled, offers an open concept floor plan, 3 spacious bedrooms, and two bathrooms. 2nd unit features 2 cozy bedrooms, 1 bathroom and its private entrance. 3rd unit offers an open concept layout, 3 bedrooms with tons of natural light, 1 bathroom and its Private entrance as well. Great location, easy access to freeways, minutes away from down town LA and all surrounding iconic places. Don’t miss out this great opportunity, this one won’t last!

Last Agent to Sell the Property

Willy & Genny Homes Martinez

Re/Max Time Realty License #02043355 Listed on: 12/18/2022

Re/Max Time Realty

Last Buyer's Agent

NoEmail NoEmail

None MRML License #N/A

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,187

Year Built

  • Built in 1914

Lot Details

  • 8,399 Sq Ft Lot
  • No Common Walls
  • Wrought Iron Fence
  • Density is up to 1 Unit/Acre

Home Design

  • Triplex
  • Traditional Architecture
  • Fire Rated Drywall
  • Shingle Roof

Interior Spaces

  • 2,996 Sq Ft Home
  • Ceiling Fan
  • Family Room with Fireplace

Kitchen

  • Gas Range
  • Dishwasher

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Location

  • Urban Location

Utilities

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

Listing and Financial Details

  • Tenant pays for all utilities
  • Tax Lot 16
  • Assessor Parcel Number 5189005024
  • $576 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 3 Units

Building Details

  • 3 Leased Units
  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 3 Separate Water Meters
  • Net Operating Income $41,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,187

Year Built

Built in 1914

Lot Details

0

Listing Details

  • Assessments: Yes
  • Price Per Unit: 366667
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: No
  • Zoning: LARD1.5
  • Architectural Style: Traditional
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 5189005024
  • Year Built: 1914
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Ceiling Fan(s)
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Fireplace Features: Family Room
  • Levels: One
  • Price Per Square Foot: 315.90

Exterior Features

  • Fence: Yes
  • Fencing: Wrought Iron
  • Pool Private: No
  • Roof: Shingle
  • Spa: No
  • Construction Materials: Drywall Walls

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Range
  • Heating Type: Central
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size: 8399
  • Lot Size Sq Ft: 8399.00
  • Lot Size Acres: 0.1928

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Gross Scheduled Income: 51000.00
  • Lot Size Area: 8399.0000 Square Feet
  • Net Operating Income: 41000.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 3
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Operating Expense: 10000.00
  • Rent Control: Yes
  • Total Actual Rent: 4250.00

Tax Info

  • Tax Census Tract: 2046.00
  • Tax Lot: 16
  • TaxOtherAnnualAssessmentAmount: 576.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 1, 2023
Sold by
Quinones Maria
Bought by
7Th Street Trust
Current Estimated Value
$1,064,667

Purchase Details

Closed on
Sep 7, 2022
Sold by
Quinones Jose
Bought by
Quinones Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$21,185
Interest Rate
5.81%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 10, 2011
Sold by
Quinones Maria
Bought by
Quinones Jose and Quinones Maria

Purchase Details

Closed on
Apr 4, 2007
Sold by
Quinones Jose
Bought by
Quinones Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
6.73%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Feb 23, 2006
Sold by
Quinones Jose and Quinones Maria
Bought by
Quinones Jose and Quinones Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
6.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 18, 2005
Sold by
Quinones Irma G
Bought by
Quinones Jose and Quinones Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$374,000
Interest Rate
6.94%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 16, 2004
Sold by
Quinones Jose and Quinones Maria
Bought by
Quinones Jose and Quinones Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$318,750
Interest Rate
6.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 20, 2001
Sold by
Rojas Jose L
Bought by
Quinones Jose and Quinones Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
9.62%
Source: Public Records

Range of Values:

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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
7Th Street Trust $315,500 Chicago Title
Quinones Maria -- --
Quinones Jose -- Provident Title Company
Quinones Maria -- Multiple
Quinones Jose -- Financial Title Company La
Quinones Jose -- Financial Title Company La
Quinones Jose -- Financial Title Company La
Quinones Jose -- Southland Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Quinones Maria $21,185
Previous Owner Quinones Maria $50,000
Previous Owner Quinones Jose $450,000
Previous Owner Quinones Jose $374,000
Previous Owner Quinones Jose $318,750
Previous Owner Quinones Jose $195,000
Closed Quinones Jose $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/03/2023 05/03/23 Sold $946,434 0.0% $316 / Sq Ft
02/17/2023 02/17/23 Off Market $946,434 -- --
02/16/2023 02/16/23 For Sale $1,100,000 +16.2% $367 / Sq Ft
02/15/2023 02/15/23 Off Market $946,434 -- --
12/18/2022 12/18/22 For Sale $1,100,000 -- $367 / 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 $12,187 $984,634 $509,796 $474,838
2024 $12,187 $965,328 $499,800 $465,528
2023 $4,002 $283,145 $124,310 $158,835
2022 $3,834 $277,594 $121,873 $155,721
2021 $3,774 $272,152 $119,484 $152,668
2020 $3,804 $269,362 $118,259 $151,103
2019 $3,673 $264,082 $115,941 $148,141
2018 $3,517 $258,905 $113,668 $145,237
2016 $3,338 $248,854 $109,255 $139,599
2015 $3,294 $245,117 $107,614 $137,503
2014 $3,325 $240,316 $105,506 $134,810
Source: Public Records

Agents Affiliated with this Home

  • N

    Buyer's Agent in 2023

    NoEmail NoEmail

    None MRML

    (646) 541-2551

    2 in this area

    5,848 Total Sales

    NoEmail NoEmail
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IG22256402

California Regional Multiple Listing Service (CRMLS)

APN: 5189-005-024

California Los Angeles County Los Angeles 90023

2439 E 7th St, Los Angeles, CA

This home is located at 2439 E 7th St, Los Angeles, CA 90023 since 18 December 2022 and is currently estimated at $1,064,667, approximately $355 per square foot. This property was built in 1914. 2439 E 7th St is a home located in Los Angeles County with nearby schools including Soto Street Elementary School, Hollenbeck Middle School, and Theodore Roosevelt High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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