NOT LISTED FOR SALE

2448 Boulder St Los Angeles, CA 90033

16 Beds
8 Baths
6,576 Sq Ft
7,000 Sq Ft Lot

Last Sold August 26, 2020

Last sale price $1,388,000 $211 Per Sq Ft

80 Days on Market

About This Home

As of August 2020

RECENT PRICE REDUCTION. Price reduced to account for Soft-Story Retrofit costs. First time on the market in over 25 years, this well maintained and managed 8 unit building is located in a prime Boyle Heights neighborhood. Walking distance all the best that Boyle Heights has to offer on Cesar Chavez Ave., full of shops, restaurants and entertainment venues. All 2 bedroom units, 6 garage spaces and an onsite laundry room for tenant convenience, machines owned by the building. Mostly long term tenants. Tons of upside in the rents. Great location for affordable/work-force housing, minutes from USC Medical Center. Close to the 10, 5, 710 and 60 Freeways make commuting to Downtown LA and all other areas of Los Angeles quick and easy. This property is subject to the LA City Soft Story Retrofit Ordinance.

Last Agent to Sell the Property

Christopher Marsocci

Goldcoast Commercial Group License #01095183 Listed on: 05/14/2020

Last Buyer's Agent

Louis Perez

Tradewind Realty License #01218758

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Lot Details

  • 7,000

Parking

  • 7 Parking Spaces

Interior Spaces

  • 6,576 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 16 Bedrooms
  • 8 Bathrooms

Additional Features

  • 7,000 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 8 Units

Listing and Financial Details

  • Assessor Parcel Number 5177-027-003

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Alley: Yes
  • Living Area: 6576
  • Stories: 2
  • Year Built: 1964
  • Number Of Photos: 14
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 16
  • Total Bathrooms: 8.00
  • Price Per S Q F T: 212.14

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Garage Is Attached
  • Total Parking: 7

Utilities

  • Heating: Wall Gas

Lot Info

  • Assessed Improvement Value: 577019
  • Assessed Land Value: 191802
  • Assessor Parcel Number: 5177-027-003
  • Geocode Override: No
  • Lot Size Area: 7000

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110
  • Gross Rent Multiplier: 12.61
  • Number Of Units: 8
  • Rent Control: 100
  • Total Annual Expense: 44687
  • Type Of Units: Apartment
  • Vacancy Rate: 2%

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

Property History

Date Event Price Change Sq Ft Price
08/26/2020 08/26/20 Sold $1,388,000 -0.5% $211 / Sq Ft
08/02/2020 08/02/20 Pending -- -- --
07/21/2020 07/21/20 Price Changed $1,395,000 0.0% $212 / Sq Ft
07/21/2020 07/21/20 For Sale $1,395,000 +0.5% $212 / Sq Ft
07/11/2020 07/11/20 Off Market $1,388,000 -- --
05/14/2020 05/14/20 For Sale $1,575,000 -- $240 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 20-578226

The MLS