Seller's Agent in 2020
Angel Morales
Covington Limited, Inc.
(562) 754-5554
2 Total Sales
2631 E 4th St Los Angeles, CA 90033
Boyle Heights NeighborhoodEstimated Value: $907,430
5
Beds
4
Baths
2,576
Sq Ft
$352/Sq Ft
Est. Value
Highlights
- RV Access or Parking
- Property is near public transit
- No HOA
- Felicitas and Gonzalo Mendez High Rated A-
- Main Floor Bedroom
- Cooling System Mounted To A Wall/Window
About This Home
As of February 2020Multi residential units/Commercial, Investors dream! Very close to metro Station. Boyle Heights area is up-and-coming. One unit is: A large 2bedrooms 1 bath, separate Dinning room, separate laundry room. The other 2 units are: 1 Bedroom 1 bath each. The upstairs 1 bedrooms its being renovated. A restaurant in thew front completely equipped with the possibilities of a large open patio seating. Presently ready for new ownership to run or lease it.
Two car garage and parking for 10 cars. close to Metro and public transportation.
Last Agent to Sell the Property
Covington Limited, Inc. License #01361381 Listed on: 07/27/2018
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $12,611
Year Built
- Built in 1890
Lot Details
- 6,249 Sq Ft Lot
- Lot Dimensions are 50x125
- Two or More Common Walls
- Chain Link Fence
- Fence is in good condition
- Flag Lot
- Density is 2-5 Units/Acre
- Value in Land
Parking
- 2 Car Garage
- 6 Open Parking Spaces
- Parking Available
- Front Facing Garage
- RV Access or Parking
Home Design
- Split Level Home
- Quadruplex
- Common Roof
- Concrete Perimeter Foundation
Interior Spaces
- 2,576 Sq Ft Home
- 2-Story Property
Flooring
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 5 Bedrooms
- Main Floor Bedroom
- 4 Bathrooms
Accessible Home Design
- More Than Two Accessible Exits
- Accessible Parking
Additional Features
- Property is near public transit
- Cooling System Mounted To A Wall/Window
Listing and Financial Details
- Tenant pays for cable TV, electricity, gas
- Legal Lot and Block 10 / B
- Tax Tract Number 2043
- Assessor Parcel Number 5180012028
Community Details
Overview
- No Home Owners Association
- 3 Buildings
- 4 Units
Building Details
- 1 Leased Unit
- Rent Control
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $2,400
- Trash Expense $1
- Water Sewer Expense $2,100
- New Taxes Expense $8,700
- Operating Expense $13,200
- Gross Income $57,300
- Net Operating Income $54,300
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 27, 2018
Closed on
Jan 28, 2020
Sold by
Villarreal Andres and Villarreal Judith
Bought by
Hazel 4Th Llc
Seller's Agent
Angel Morales
Covington Limited, Inc.
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$871,000
Sold Price
$650,000
Premium/Discount to List
-$221,000
-25.37%
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
$257,430
Avg. Annual Appreciation
6.07%
Original Mortgage
$486,750
Outstanding Balance
$236,648
Interest Rate
3.6%
Mortgage Type
Commercial
Estimated Equity
$670,782
Purchase Details
Closed on
Apr 14, 2016
Sold by
Arrellano Alberto and The 2013 Nayarit Trust
Bought by
Villarreal Andres and Villarreal Judith
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
3.58%
Mortgage Type
Commercial
Purchase Details
Closed on
Jun 25, 2013
Sold by
Arellano Andres and Arellano Adriana P
Bought by
Arellano Alberto and 2013 Nayarit Trust
Purchase Details
Closed on
Feb 11, 2013
Sold by
Ramirez Luis E and Ibarra Jesus L
Bought by
Arellano Andres and Arellano Adriana P
Purchase Details
Closed on
Dec 1, 2006
Sold by
Ibarra Luisa A
Bought by
Ibarra Jesus I
Purchase Details
Closed on
Sep 14, 2006
Sold by
Arellano Andres and Arellano Adriana P
Bought by
Ramirez Luis E and Ibarra Jesus I
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.38%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Oct 29, 2002
Sold by
Arellano Andres
Bought by
Arellano Andres and Arellano Adriana P
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
5.93%
Mortgage Type
Commercial
Purchase Details
Closed on
Apr 10, 2001
Sold by
Dealba Roberto and Dealba Hermila
Bought by
Arellano Andres
Purchase Details
Closed on
Feb 22, 1994
Sold by
Dealba Luis and Dealba Roberto
Bought by
Dealba Roberto and Dealba Hermila
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 |
|---|---|---|---|
| Hazel 4Th Llc | $649,000 | Stewart Ttl Guaranty Co Com | |
| Villarreal Andres | $475,000 | Provident Title Company | |
| Arellano Alberto | -- | None Available | |
| Arellano Andres | -- | Old Republic Title Company | |
| Ibarra Jesus I | -- | Act | |
| Ramirez Luis E | -- | Act | |
| Ramirez Luis E | $560,000 | Act | |
| Arellano Andres | -- | Stewart Title | |
| Arellano Andres | -- | -- | |
| Dealba Roberto | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Hazel 4Th Llc | $486,750 | |
| Previous Owner | Villarreal Andres | $450,000 | |
| Previous Owner | Ramirez Luis E | $400,000 | |
| Previous Owner | Arellano Andres | $140,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/21/2020 02/21/20 | Sold | $650,000 | -25.4% | $252 / Sq Ft |
| 12/03/2019 12/03/19 | For Sale | $871,000 | +34.0% | $338 / Sq Ft |
| 11/29/2019 11/29/19 | Off Market | $650,000 | -- | -- |
| 11/27/2019 11/27/19 | Pending | -- | -- | -- |
| 09/18/2019 09/18/19 | Price Changed | $871,000 | -1.2% | $338 / Sq Ft |
| 12/03/2018 12/03/18 | Price Changed | $882,000 | +2.6% | $342 / Sq Ft |
| 07/27/2018 07/27/18 | For Sale | $860,000 | -- | $334 / 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 | $12,611 | $1,022,506 | $519,480 | $503,026 |
| 2024 | $12,611 | $1,002,458 | $509,295 | $493,163 |
| 2023 | $12,372 | $982,803 | $499,309 | $483,494 |
| 2022 | $11,705 | $736,854 | $489,519 | $247,335 |
| 2021 | $8,945 | $722,407 | $479,921 | $242,486 |
| 2020 | $6,622 | $514,153 | $343,130 | $171,023 |
| 2019 | $6,371 | $504,072 | $336,402 | $167,670 |
| 2018 | $6,254 | $494,189 | $329,806 | $164,383 |
| 2017 | $6,120 | $484,500 | $323,340 | $161,160 |
| 2016 | $5,508 | $436,896 | $291,265 | $145,631 |
| 2015 | $5,430 | $430,334 | $286,890 | $143,444 |
| 2014 | $5,453 | $421,906 | $281,271 | $140,635 |
Source: Public Records
Agents Affiliated with this Home
-
Angel Morales
-
NoEmail NoEmail
N
Buyer's Agent in 2020
NoEmail NoEmail
NONMEMBER MRML
(646) 541-2551
2 in this area
5,954 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: DW18183811
APN: 5180-012-028
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
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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