NOT LISTED FOR SALE

2551 Ganahl St Los Angeles, CA 90033

Boyle Heights Neighborhood

Estimated Value: $1,007,000 - $1,139,000

8 Beds
6 Baths
4,048 Sq Ft
$268/Sq Ft Est. Value

Last Sold May 07, 2024

Last sale price $1,050,000 $259 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $5,870/month

25 Days on Market

Highlights

  • 4 Car Detached Garage
  • James A. Garfield Senior High School Rated A
  • Laundry Room

About This Home

As of May 2024

Welcome to the city of Boyle Heights located Northeast of Downtown LA. Great income property for owner-user or investors. This property features 4 UNITS that are all 2 bedrooms. The two front units, with laundry hookups, are 2 bedrooms 1 bathroom while the rear units feature 2 story, 2 bedrooms and 2 bathroom. Parking is available onsite ( 4 parking spots on the premises) as well as on the street. This centralized and desirable property is close to schools, easy access to the 710,10,5, and 60 freeways, and only minutes away from Downtown Los Angeles, South Pasadena, and Alhambra. Don t miss the opportunity to own this beautiful complex. The property needs some repairs, see remarks. Property sold As-Is, Tenant Occupied. ONE UNIT WILL BE DELIVERED VACANT at close of escrow.

Last Agent to Sell the Property

Patricia Martinez

Castle Realty Group Inc License #01827889 Listed on: 02/01/2024

Last Buyer's Agent

Laura Ortiz

License #01948847

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,592

Year Built

  • Built in 1925

Lot Details

  • 7,478 Sq Ft Lot

Parking

  • 4 Car Detached Garage

Home Design

  • Quadruplex
  • Entry on the 1st floor

Interior Spaces

  • 4,048 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 6 Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Heating System Mounted To A Wall or Window
  • Gas Water Heater

Community Details

  • 4 Units
  • Rent Control

Listing and Financial Details

  • Assessor Parcel Number 5177-008-022

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,592

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: Two
  • Street Number Display: Yes
  • Alley: No
  • Entry Floor: 1
  • Living Area: 4048
  • Lot Acreage: 0.1717
  • Probate: No
  • Stories: 2
  • Year Built: 1925
  • Number Of Photos: 11
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 8
  • Laundry: Laundry Area, In Unit
  • Total Bathrooms: 6.00
  • Price Per S Q F T: 259.39

Exterior Features

  • Other Structures: None
  • Construction: Frame and Stucco

Garage/Parking

  • Parking Garage: Detached
  • Total Parking: 4

Utilities

  • Water Heater: Gas
  • Heating: Wall
  • Number Electric Meters: 4
  • Number Gas Meters: 4
  • Number Water Meters: 1
  • Security: Carbon Monoxide Detector(s), Smoke Detector
  • Water Heaters: Yes

Lot Info

  • Assessed Improvement Percent: 71.82
  • Assessed Improvement Value: 58176
  • Assessed Land Percent: 28.18
  • Assessed Land Value: 22824
  • Total Assessed Value: 81000
  • Assessor Parcel Number: 5177-008-022
  • Lot Size Area: 7478

Rental Info

  • Number Leased: 4
  • Land Lease Type: Fee
  • Lease Per Month Year: Month
  • Rent Control: Yes

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Number Of Units: 4
  • Rent Control: 100
  • Total Annual Expense: 0
  • Type Of Units: Fourplex
  • Vacancy Rate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2024
Closed on
Apr 30, 2024
Sold by
Rosa Martinez Revocable Living Trust and Martinez Patricia
Bought by
Jaimes Brian A and Aguilar Maricela Jaimes
Seller's Agent
Patricia Martinez
Castle Realty Group Inc
Buyer's Agent
Laura Ortiz
List Price
$1,050,000
Sold Price
$1,050,000
Views
68
Current Estimated Value
$1,085,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,333
Avg. Annual Appreciation
2.31%
Original Mortgage
$1,072,575
Outstanding Balance
$1,057,507
Interest Rate
6.87%
Mortgage Type
VA
Estimated Equity
$27,826

Purchase Details

Closed on
Jan 4, 2013
Sold by
Martinez Rosa
Bought by
Martinez Rosa and Rosa Martinez Revocable Trust

Purchase Details

Closed on
Sep 28, 2012
Sold by
Martinez Rosa
Bought by
Martinez Rosa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
3.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 1, 2006
Sold by
Martinez Rosa
Bought by
Martinez Rosa and Rosa Martinez Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.39%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 20, 2006
Sold by
Martinez Rosa
Bought by
Martinez Rosa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.39%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 18, 2005
Sold by
Martinez Rosa
Bought by
Martinez Rosa and Rosa Martinez Revocable Living Trust

Purchase Details

Closed on
Dec 17, 2004
Sold by
Martinez Rose
Bought by
Martinez Rosa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
5.67%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 19, 1997
Sold by
Martinez Rosa
Bought by
Martinez Rosa and Rosa Martinez Revocable Living Trust
Source: Public Records

Range of Values:

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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
Jaimes Brian A $1,050,000 Wfg National Title
Martinez Rosa -- None Available
Martinez Rosa -- Stewart Title Of Ca Inc
Martinez Rosa -- None Available
Martinez Rosa -- None Available
Martinez Rosa -- --
Martinez Rosa -- First American Title Company
Martinez Rosa -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jaimes Brian A $1,072,575
Previous Owner Martinez Rosa $195,000
Previous Owner Martinez Rosa $100,000
Previous Owner Martinez Rosa $60,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/07/2024 05/07/24 Sold $1,050,000 0.0% $259 / Sq Ft
02/27/2024 02/27/24 Pending -- -- --
02/01/2024 02/01/24 For Sale $1,050,000 -- $259 / Sq Ft
Source: The MLS

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 $1,592 $1,071,000 $510,000 $561,000
2024 $1,592 $82,619 $23,280 $59,339
2023 $1,573 $81,000 $22,824 $58,176
2022 $1,521 $79,413 $22,377 $57,036
2021 $1,479 $77,857 $21,939 $55,918
2019 $1,446 $75,550 $21,290 $54,260
2018 $1,278 $74,070 $20,873 $53,197
2016 $1,177 $71,195 $20,063 $51,132
2015 $1,164 $70,126 $19,762 $50,364
2014 $1,195 $68,753 $19,375 $49,378
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2024

    Patricia Martinez

    Castle Realty Group Inc

    Section Image

  • L

    Buyer's Agent in 2024

    Laura Ortiz

See All Agents

Map

Source: The MLS

MLS Number: 24-348181

The MLS

APN: 5177-008-022

California Los Angeles County Los Angeles 90033 Boyle Heights

2551 Ganahl St, Los Angeles, CA

This home is located at 2551 Ganahl St, Los Angeles, CA 90033 since 01 February 2024 and is currently estimated at $1,085,333, approximately $268 per square foot. This property was built in 1925. 2551 Ganahl St is a home located in Los Angeles County with nearby schools including Evergreen Avenue Elementary School, Belvedere Middle School, and Engineering And Technology Academy At Esteban E. Torres High No. 3.

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