Seller's Agent in 2023
Severo Arreola
ARREOLAS REALTY
(323) 807-7475
1 in this area
22 Total Sales
2474 E 7th St Los Angeles, CA 90023
Estimated Value: $602,000 - $799,000
4
Beds
1
Bath
1,586
Sq Ft
$447/Sq Ft
Est. Value
Highlights
- Property is near public transit
- No HOA
- 5-minute walk to Boyle Heights Sports Center and Park
- Felicitas and Gonzalo Mendez High Rated A-
About This Home
As of December 2023Seller is Willing to Carry!
Great Single Large Home!! Rented and Producing Approx. $4,000 Monthly Income!!
Located in one of the best areas of East Los Angeles Boyle Heights Area, close to Downtown Los Angeles, Schools, Freeways, and all good amenities that Buyers are interested in.
Last Agent to Sell the Property
ARREOLAS REALTY License #00831135 Listed on: 09/19/2022
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,608
Year Built
- Built in 1905
Lot Details
- 5,395 Sq Ft Lot
- Property is zoned LARD1.5
Home Design
- 1,586 Sq Ft Home
Bedrooms and Bathrooms
- 4 Main Level Bedrooms
- 1 Full Bathroom
Additional Features
- Exterior Lighting
- Property is near public transit
Community Details
- No Home Owners Association
Listing and Financial Details
- Legal Lot and Block 7 / B
- Assessor Parcel Number 5189006044
- $330 per year additional tax assessments
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 19, 2022
Closed on
Nov 3, 2023
Sold by
Najera Maria Del Socorro
Bought by
Parra Antonio and Parra Diana Julia
Seller's Agent
Severo Arreola
ARREOLAS REALTY
Buyer's Agent
Severo Arreola
ARREOLAS REALTY
List Price
$769,000
Sold Price
$420,000
Premium/Discount to List
-$349,000
-45.38%
Views
151
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$289,025
Avg. Annual Appreciation
35.11%
Original Mortgage
$126,000
Outstanding Balance
$123,960
Interest Rate
7.63%
Mortgage Type
New Conventional
Estimated Equity
$585,065
Purchase Details
Closed on
Jul 29, 2013
Sold by
Parra Antonio L
Bought by
Najera Maria Socorro and Parra Diana Julia
Purchase Details
Closed on
Aug 2, 2006
Sold by
Parra Antonio L
Bought by
Parra Antonio L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$405,900
Interest Rate
8.4%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jul 25, 2006
Sold by
Parra Antonio L
Bought by
Parra Antonio L and Najera Maria Socorro
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$405,900
Interest Rate
8.4%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jul 15, 2005
Sold by
Parra Antonio L
Bought by
Parra Antonio L and Najera Maria Socorro
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
5.55%
Mortgage Type
Stand Alone Second
Purchase Details
Closed on
May 11, 2005
Sold by
Sanchez Margarita
Bought by
Parra Antonio L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
5.55%
Mortgage Type
Stand Alone Second
Purchase Details
Closed on
Oct 11, 1996
Sold by
Peralta Josefa
Bought by
Peralta Josefa and Sanchez Margarita
Purchase Details
Closed on
Jul 12, 1996
Sold by
Sanchez Margarita
Bought by
Peralta Josefa
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Parra Antonio | $28,500 | Old Republic Title Company | |
| Najera Maria Socorro | -- | None Available | |
| Parra Antonio L | -- | Alliance Title Company | |
| Parra Antonio L | -- | Accommodation | |
| Parra Antonio L | -- | -- | |
| Parra Antonio L | $360,000 | -- | |
| Peralta Josefa | -- | -- | |
| Peralta Josefa | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Parra Antonio | $126,000 | |
| Previous Owner | Parra Antonio | $15,000 | |
| Previous Owner | Najera Maria S | $3,300 | |
| Previous Owner | Parra Antonio L | $405,900 | |
| Previous Owner | Parra Antonio L | $70,000 | |
| Previous Owner | Parra Antonio L | $280,000 | |
| Previous Owner | Sanchez Margarita | $100,000 | |
| Previous Owner | Sanchez Margarita | $34,000 | |
| Previous Owner | Sanchez Margarita | $50,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/01/2023 12/01/23 | Sold | $420,000 | 0.0% | $265 / Sq Ft |
| 08/18/2023 08/18/23 | Off Market | $420,000 | -- | -- |
| 12/26/2022 12/26/22 | Price Changed | $698,900 | -9.1% | $441 / Sq Ft |
| 09/19/2022 09/19/22 | For Sale | $769,000 | -- | $485 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $7,608 | $562,103 | $352,079 | $210,024 |
| 2024 | $7,608 | $605,165 | $379,976 | $225,189 |
| 2023 | $4,913 | $380,569 | $235,647 | $144,922 |
| 2022 | $4,691 | $373,108 | $231,027 | $142,081 |
| 2021 | $4,629 | $365,794 | $226,498 | $139,296 |
| 2019 | $4,495 | $354,946 | $219,781 | $135,165 |
| 2018 | $4,380 | $347,987 | $215,472 | $132,515 |
| 2016 | $4,177 | $334,476 | $207,106 | $127,370 |
| 2015 | $4,117 | $329,453 | $203,996 | $125,457 |
| 2014 | $3,492 | $277,000 | $211,000 | $66,000 |
Source: Public Records
Agents Affiliated with this Home
-
Severo Arreola
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: MB22205044
APN: 5189-006-044
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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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