NOT LISTED FOR SALE

2549 Wabash Ave Los Angeles, CA 90033

Boyle Heights Neighborhood

Estimated Value: $724,769 - $864,000

5 Beds
4 Baths
2,012 Sq Ft
$403/Sq Ft Est. Value

Last Sold July 17, 2012

Last sale price $281,000 $140 Per Sq Ft

Est. 188% increase in value since last sale

Current estimated payment $4,655/month

145 Days on Market

About This Home

As of July 2012

Great investment opportunity!!! 4 units fully Occupied. Close to Downtown, Public transportation, Schools and Restaurants. Good cash flow!

Last Agent to Sell the Property

Arnulfo Ruiz

CENTURY 21 REALTY MASTERS License #00889786 Listed on: 10/20/2011

CENTURY 21 REALTY MASTERS

Last Buyer's Agent

RYAN ARELLANO

Vista Sotheby's International Realty License #01908203

Vista Sotheby's International Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,509

Year Built

  • Built in 1925

Lot Details

  • 7,021 Sq Ft Lot

Home Design

  • 2,012 Sq Ft Home

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Listing and Financial Details

  • Assessor Parcel Number 5177011027

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 4 Units

Building Details

  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $2,735

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,509

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Parcel Number: 5177011027
  • Year Built: 1925
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Levels: One
  • Price Per Square Foot: 139.66

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 7021.00
  • Lot Size Acres: 0.1600

Multi Family

  • Gross Income: 2735.00
  • Gross Scheduled Income: 32820.00
  • Lot Size Area: 7021.0000 Square Feet
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Rent Control: Yes
  • Total Actual Rent: 2735.00

Tax Info

  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 3, 2012
Sold by
The Barme Family Trust
Bought by
Munoz Jennifer R
Current Estimated Value
$810,192

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,750
Interest Rate
3.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 4, 2011
Sold by
The Schainblatt Family Trust
Bought by
Bercy Charles E and The Bercy Family Trust

Purchase Details

Closed on
Apr 18, 2011
Sold by
Renovated Income Property Corporation
Bought by
The Barme Family Trust

Purchase Details

Closed on
May 25, 2010
Sold by
Renovated Income Property Corporation
Bought by
Argus Realty Management Company

Purchase Details

Closed on
Oct 20, 2006
Sold by
Marroquin Nicole Irma
Bought by
Renovated Income Property Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
6.39%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 12, 2003
Sold by
Medina Primitivo and Medina Yolanda
Bought by
Marroquin Jose M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
6.06%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Munoz Jennifer R $281,000 Investors Title Company
Zisfain Dennis -- Investors Title Company
Bercy Charles E -- Accommodation
The Barme Family Trust $250,000 Lawyers Title Company Mv
Argus Realty Management Company -- Accommodation
Renovated Income Property Corp $415,000 Chicago Title Co
Marroquin Jose M $235,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Munoz Jennifer R $210,750
Previous Owner Renovated Income Property Corp $420,000
Previous Owner Marroquin Jose M $275,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/17/2012 07/17/12 Sold $281,000 -14.6% $140 / Sq Ft
03/13/2012 03/13/12 Pending -- -- --
10/20/2011 10/20/11 For Sale $329,000 -- $164 / 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 $4,509 $346,017 $184,707 $161,310
2024 $4,509 $339,234 $181,086 $158,148
2023 $4,428 $332,584 $177,536 $155,048
2022 $4,233 $326,063 $174,055 $152,008
2021 $4,175 $319,671 $170,643 $149,028
2020 $4,211 $316,394 $168,894 $147,500
2019 $4,057 $310,191 $165,583 $144,608
2018 $3,994 $304,110 $162,337 $141,773
2016 $3,807 $292,303 $156,034 $136,269
2015 $3,755 $287,914 $153,691 $134,223
2014 $3,794 $282,275 $150,681 $131,594
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2012

    Arnulfo Ruiz

    CENTURY 21 REALTY MASTERS

    (323) 722-7700

    4 Total Sales

    Arnulfo Ruiz
    Section Image

  • R

    Buyer's Agent in 2012

    RYAN ARELLANO

    Vista Sotheby's International Realty

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: M11161314

California Regional Multiple Listing Service (CRMLS)

APN: 5177-011-027

California Los Angeles County Los Angeles 90033 Boyle Heights

2549 Wabash Ave, Los Angeles, CA

Not Listed for Sale

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