$398,000
SOLD OCT 30, 2015

2508 Houston St Los Angeles, CA 90033

4 Beds
2 Baths
1,575 Sq Ft
7,002 Sq Ft Lot

Recently Sold

$253 Per Sq Ft

5% Below List Price

110 Days on Market

About This Home

As of February 2025

2 detached units income property located in Boyle Heights! Close to LAC USC Medical Center, downtown and freeway 5 and 10. Front unit has a central ac. Property profile shows triplex. Two detached garages in rear of deep lot with alley access. Large lot with plenty of parking.

Last Agent to Sell the Property

Hua Wang

NETWORK MARKETING REALTY, INC License #01413128 Listed on: 06/10/2015

Last Buyer's Agent

JoAnna Selby

JohnHart Real Estate License #01894146

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $19,187

Year Built

  • Built in 1908

Lot Details

  • 7,002 Sq Ft Lot
  • No Common Walls
  • Density is 11-15 Units/Acre

Parking

  • 2 Car Garage

Home Design

  • 1,575 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Additional Features

  • Exterior Lighting
  • Urban Location

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, trash collection
  • Tax Lot 3
  • Tax Tract Number 2037
  • Assessor Parcel Number 5177020004

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Leased Units
  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $506
  • Maintenance Expense $1,000
  • Water Sewer Expense $500
  • New Taxes Expense $5,250
  • Gross Income $2,200
  • Net Operating Income $19,009

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$19,187

Year Built

Built in 1908

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 500.00
  • Property Type: Residential Income
  • Parcel Number: 5177020004
  • Year Built: 1908
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 252.70

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights, Urban

Lot Info

  • Additional Parcels: No
  • Lot Features: 11-15 Units/Acre
  • Lot Size Sq Ft: 7002.00
  • Price Per Lot Square Foot: 56.84
  • Lot Size Acres: 0.1610

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Trash Collection

Multi Family

  • Gross Income: 2200.00
  • Gross Scheduled Income: 26400.00
  • Insurance Expense: 506.00
  • Lot Size Area: 7002.0000 Square Feet
  • Maintenance Expense: 1000.00
  • Net Operating Income: 19009.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 7391.00
  • Rent Control: Yes
  • Total Actual Rent: 2200.00

Tax Info

  • New Taxes Expense: 5250.00
  • Tax Lot: 3
  • Tax Tract Number: 2037

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2024
Closed on
Feb 12, 2025
Sold by
1601-1603 Fairfax Llc
Bought by
Yeganeh-Tajian Elena and Tajian Afshin
Seller's Agent
Joshua Luchs
Kidder Mathews of California, Inc.
Buyer's Agent
Shawn Raoufpour
Gold Realty
List Price
$1,950,000
Sold Price
$1,850,000
Premium/Discount to List
-$100,000
-5.13%
Views
11

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.09%
Original Mortgage
$900,000
Outstanding Balance
$898,500
Interest Rate
6.93%
Mortgage Type
New Conventional
Estimated Equity
$959,722

Purchase Details

Closed on
May 16, 2019
Sold by
Stay Mellow Llc
Bought by
1601 1603 Fairfax Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,004,150
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 5, 2016
Sold by
Chiron Investments Llc
Bought by
Stay Mellow Llc

Purchase Details

Listed on
Jun 10, 2015
Closed on
Oct 21, 2015
Sold by
Xiao Wei and Yan Min
Bought by
Chiron Investments Llc
Seller's Agent
Hua Wang
NETWORK MARKETING REALTY, INC
Buyer's Agent
JoAnna Selby
JohnHart Real Estate
List Price
$420,000
Sold Price
$398,000
Premium/Discount to List
-$22,000
-5.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.16%

Purchase Details

Listed on
Apr 22, 2013
Closed on
Jul 3, 2013
Sold by
Pena Alvaro C and Pena Guadalupe
Bought by
Xiao Wei and Yan Min
Seller's Agent
Lorena Madrid
Supreme Realty
Buyer's Agent
Hua Wang
NETWORK MARKETING REALTY, INC
List Price
$339,000
Sold Price
$335,000
Premium/Discount to List
-$4,000
-1.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.64%
Original Mortgage
$180,000
Interest Rate
5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 21, 2011
Sold by
Pena Alvaro C and Pena Guadalupe
Bought by
Pena Alvaro C and Pena Guadalupe

Purchase Details

Closed on
Feb 8, 1999
Sold by
Pena Alvaro C
Bought by
Pena Alvaro C and Pena Guadalupe

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
6.78%
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

Date Type Sale Price Title Company
Grant Deed $1,850,000 Ticor Title Company
Grant Deed $1,434,500 Priority Title
Grant Deed -- None Available
Grant Deed $398,000 Fidelity National Title
Grant Deed $300,000 Stewart Title Of Ca Inc
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Fidelity National Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $900,000 New Conventional
Previous Owner $1,004,150 New Conventional
Previous Owner $924,000 Adjustable Rate Mortgage/ARM
Previous Owner $180,000 Adjustable Rate Mortgage/ARM
Previous Owner $38,400 Unknown
Previous Owner $50,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/14/2025 07/14/25 Price Changed $2,895 -3.3% $2 / Sq Ft
05/19/2025 05/19/25 Price Changed $2,995 -6.4% $2 / Sq Ft
04/28/2025 04/28/25 For Rent $3,200 0.0% --
02/21/2025 02/21/25 Sold $1,850,000 -5.1% $335 / Sq Ft
11/18/2024 11/18/24 For Sale $1,950,000 +35.9% $353 / Sq Ft
12/16/2019 12/16/19 Sold $1,434,500 -4.0% $260 / Sq Ft
10/23/2019 10/23/19 Pending -- -- --
09/03/2019 09/03/19 Price Changed $1,495,000 -3.5% $271 / Sq Ft
08/26/2019 08/26/19 For Sale $1,549,000 +289.2% $280 / Sq Ft
10/30/2015 10/30/15 Sold $398,000 -5.2% $253 / Sq Ft
09/28/2015 09/28/15 Pending -- -- --
06/10/2015 06/10/15 For Sale $420,000 +25.4% $267 / Sq Ft
06/28/2013 06/28/13 Sold $335,000 -1.2% $181 / Sq Ft
04/24/2013 04/24/13 Pending -- -- --
03/09/2013 03/09/13 For Sale $339,000 -- $184 / 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
2024 $19,187 $1,538,071 $643,320 $894,751
2023 $18,821 $1,507,913 $630,706 $877,207
2022 $17,955 $1,478,347 $618,340 $860,007
2021 $17,716 $1,449,361 $606,216 $843,145
2019 $12,293 $989,235 $422,360 $566,875
2018 $12,152 $969,839 $414,079 $555,760
2016 $4,997 $398,000 $320,000 $78,000
2015 $3,901 $305,993 $173,396 $132,597
2014 $3,958 $300,000 $170,000 $130,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR15134035

California Regional Multiple Listing Service (CRMLS)

APN: 5177-020-004