NOT LISTED FOR SALE

2541 Boulder St Los Angeles, CA 90033

Estimated Value: $1,166,000 - $1,369,000

5 Beds
3 Baths
3,714 Sq Ft
$334/Sq Ft Est. Value

Last Sold August 20, 2021

Last sale price $1,066,000 $287 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $8,119/month

25 Days on Market

Highlights

  • Corner Lot
  • Park
  • Bike Trail
  • Felicitas and Gonzalo Mendez High Rated A-
  • Laundry Room

About This Home

As of August 2021

Take a look at this great opportunity in Boyle Height! This Four Unit Residential Income property sits near all the bars, restaurants, coffee shops, and parks that the lovely neighborhood of Boyle Heights has to offer and just minutes away from Downtown Los Angeles, the Arts District, and L.A. Live. It consist of two 2 Bed/1 Bath and two 1 Bed/1Bath with plenty of street parking and 4 private garages. The property has had several significant improvements in the past two years including complete remodels to the 2 Bedroom units, earthquake retrofit to all four units, brand new roofs and windows to all four units. Each unit has their own assigned garage. Please reach out for more information

Last Agent to Sell the Property

Marco Otero

Century 21 A Better Service License #01952996 Listed on: 06/04/2021

Century 21 A Better Service

Last Buyer's Agent

Will Tiao

The Collective Realty License #01918965

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,954

Year Built

  • Built in 1925

Lot Details

  • 6,858 Sq Ft Lot
  • 1 Common Wall
  • Corner Lot

Parking

  • 4 Car Garage

Home Design

  • 3,714 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Additional Features

  • Laundry Room
  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 14
  • Tax Tract Number 203
  • Assessor Parcel Number 5177023015

Community Details

Overview

  • 2 Buildings
  • 4 Units

Recreation

  • Park
  • Bike Trail

Building Details

  • 4 Leased Units
  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $100
  • Operating Expense $1,200
  • Gross Income $71,640
  • Net Operating Income $70,440

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,954

Year Built

Built in 1925

Lot Details

0

Parking

4

Listing Details

  • Property Attached: Yes
  • Property Type: Residential Income
  • Gardener Expense: 100.00
  • Parcel Number: 5177023015
  • Year Built: 1925
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 287.02

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Biking, Park, Sidewalks, Storm Drains, Street Lights

Lot Info

  • Land Lease: No
  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 6858.00
  • Lot Size Acres: 0.1574

Multi Family

  • Average1 Bed Area: 785 Square Feet
  • Average2 Bed Area: 1072 Square Feet
  • Gross Income: 71640.00
  • Gross Scheduled Income: 71640.00
  • Lot Size Area: 6858.0000 Square Feet
  • Net Operating Income: 70440.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 1200.00
  • Rent Control: Yes
  • Total Actual Rent: 71640.00
  • Total Expenses: 1200.00

Tax Info

  • Tax Lot: 14
  • Tax Tract Number: 203...

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2021
Closed on
Aug 4, 2021
Sold by
Barrios Jarrett
Bought by
Sathienvantanee Kanin and Sathienvantanee Christina Sophia
Seller's Agent
Marco Otero
Century 21 A Better Service
Buyer's Agent
Will Tiao
The Collective Realty
List Price
$1,100,000
Sold Price
$1,066,000
Premium/Discount to List
-$34,000
-3.09%
Total Days on Market
25
Current Estimated Value
$1,239,200

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$173,200
Avg. Annual Appreciation
3.95%
Original Mortgage
$799,500
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 1, 2018
Closed on
Mar 16, 2018
Sold by
Shah Eric and Shah Daxa E
Bought by
Barrios Jarrett
Seller's Agent
Marco Otero
Century 21 A Better Service
Buyer's Agent
Blake Hood
Compass
List Price
$750,000
Sold Price
$750,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.83%
Original Mortgage
$562,500
Interest Rate
4.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 24, 2012
Sold by
Partners Capital Solutions Equity Fund I
Bought by
Shah Eric and Shah Daxa E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,500
Interest Rate
4.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 20, 2011
Sold by
Rosales Luis M and Rosales Maria
Bought by
Partners Capital Solutions Equity Fund 1

Purchase Details

Closed on
Jan 5, 2010
Sold by
Zepeda David and The Albert & France Guston & D
Bought by
Zepeda David and The Robert & Janis Mann & Fran

Purchase Details

Closed on
Dec 9, 2009
Sold by
Rosales Luis M and Rosales Ana Maria
Bought by
Zepeda David and The David & Chris Rose & Sam &

Purchase Details

Closed on
Jun 8, 2001
Sold by
Banda Daniela G
Bought by
Rosales Luis M and Rosales Maria

Purchase Details

Closed on
Jan 18, 2001
Sold by
Santos Investments
Bought by
Banda Daniela G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,225
Interest Rate
7.08%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 9, 2001
Sold by
Santos Irene
Bought by
Santos Investments

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,225
Interest Rate
7.08%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 6, 2000
Sold by
Bow Rebecca and Falcon Antoinette
Bought by
Santos Irene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,000
Interest Rate
8.27%

Purchase Details

Closed on
Feb 29, 2000
Sold by
Santos Ricardo
Bought by
Santos Irene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,000
Interest Rate
8.27%
Source: Public Records

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Range of Values:

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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
Sathienvantanee Kanin $1,066,000 Lawyers Title
Barrios Jarrett $750,000 Lawyers Title
Shah Eric $350,000 Fidelity National Title Co
Partners Capital Solutions Equity Fund 1 -- Provident Title Company
Zepeda David -- None Available
Zepeda David -- None Available
Rosales Luis M -- --
Banda Daniela G $319,000 American Title Co
Santos Investments -- American Title Co
Santos Irene $180,000 Gateway Title Company
Santos Irene -- Gateway Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sathienvantanee Kanin $799,500
Closed Sathienvantanee Kanin $799,500
Previous Owner Barrios Jarrett $562,500
Previous Owner Barrios Jarrett $562,500
Previous Owner Shah Eric $500,000
Previous Owner Shah Eric $262,500
Previous Owner Rosales Luis M $520,000
Previous Owner Rosales Luis M $388,000
Previous Owner Rosales Luis M $320,000
Previous Owner Banda Daniela G $304,225
Previous Owner Santos Irene $187,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/20/2021 08/20/21 Sold $1,066,000 -3.1% $287 / Sq Ft
06/29/2021 06/29/21 Pending -- -- --
06/04/2021 06/04/21 For Sale $1,100,000 +46.7% $296 / Sq Ft
03/21/2018 03/21/18 Sold $750,000 0.0% $202 / Sq Ft
01/30/2018 01/30/18 Pending -- -- --
01/01/2018 01/01/18 For Sale $750,000 -- $202 / 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 $13,954 $1,109,066 $629,442 $479,624
2023 $13,690 $1,087,320 $617,100 $470,220
2022 $13,065 $1,066,000 $605,000 $461,000
2021 $9,877 $788,383 $499,309 $289,074
2020 $9,972 $780,300 $494,190 $286,110
2019 $9,590 $765,000 $484,500 $280,500
2018 $5,087 $386,363 $309,091 $77,272
2016 $4,833 $371,362 $297,090 $74,272
2015 $4,767 $365,785 $292,628 $73,157
2014 $4,808 $358,620 $286,896 $71,724
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW21109747

California Regional Multiple Listing Service (CRMLS)

APN: 5177-023-015