NOT LISTED FOR SALE

2717 Wabash Ave Los Angeles, CA 90033

Boyle Heights Neighborhood

Estimated Value: $654,218 - $807,000

3 Beds
3 Baths
1,616 Sq Ft
$470/Sq Ft Est. Value

Last Sold December 28, 2016

Last sale price $410,000 $254 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $4,499/month

130 Days on Market

Highlights

  • Property is near public transit
  • Laundry Room
  • Wrought Iron Fence
  • James A. Garfield Senior High School Rated A
  • Tile Flooring
  • 2-minute walk to Wabash Recreation Center

About This Home

As of December 2016

EXTRA, EXTRA!!! PRICE REDUCTION!!!!2717-2719 Wabash Av. Plus 2614 Dobinson...A total of 3 AMAZING Units. New wall heaters in each unit, Fresh paint interior and exterior, tile floors in all units. Super Clean and well landscaped exterior, this units are just SUPER and ready for an investor who seeks income or someone who would like to live in one of the units and rent the other(s), property may be accessed by either Wabash Ave. or Dobinson St. These units are Within walking distance to Evergreen Av. Elementary and Wabash Recreation Center AND Very close to the 10 Fwy. Only a few minutes away from CAL STATE LA, LOS ANGELES COUNTY MEDICAL CENTER AND DOWNTOWN LA.
DO NOT MISS THIS GREAT OPPORTUNITY. (Owner currently lives in one the units plus studio/unit in the back will be vacant upon close of escrow, so only one tenant will/may remain)

Last Agent to Sell the Property

Jaime Morales

Realty Masters & Associates License #01859668 Listed on: 05/12/2016

Realty Masters & Associates

Co-Listed By

Maria Castillo

Realty Masters & Associates License #01825184

Last Buyer's Agent

Jaime Morales

Realty Masters & Associates License #01859668 Listed on: 05/12/2016

Realty Masters & Associates

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,890

Year Built

  • Built in 1938

Lot Details

  • 3,005 Sq Ft Lot
  • 1 Common Wall
  • Wrought Iron Fence

Home Design

  • Property Attached

Interior Spaces

  • 1,616 Sq Ft Home
  • Tile Flooring
  • Window Bars
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Location

  • Property is near public transit
  • Urban Location

Utilities

  • Wall Furnace

Listing and Financial Details

  • Tax Lot 13
  • Assessor Parcel Number 5177012010

Community Details

Overview

  • 2 Buildings
  • 3 Units

Amenities

  • Laundry Facilities

Building Details

  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $535
  • Water Sewer Expense $4,200
  • Gross Income $2,650
  • Net Operating Income $2,650

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,890

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Security: Window Bars
  • Water Sewer Expenses: 4200.00
  • Property Type: Residential Income
  • Parcel Number: 5177012010
  • Year Built: 1938
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Flooring: Tile
  • Price Per Square Foot: 253.71

Exterior Features

  • Fencing: Wrought Iron
  • Pool Private: No

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Common Area
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Near Public Transit
  • Lot Size Sq Ft: 3005.00
  • Price Per Lot Square Foot: 142.43

Multi Family

  • Gross Income: 2650.00
  • Gross Scheduled Income: 2650.00
  • Insurance Expense: 535.00
  • Net Operating Income: 2650.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Rent Control: Yes

Tax Info

  • Tax Lot: 13

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 28, 2017
Sold by
Deng Qinggao and Ma Qiao Ping
Bought by
Deng Qinggao and Ma Qiao Ping
Current Estimated Value
$758,805

Purchase Details

Closed on
Sep 21, 2016
Sold by
Aguilar Esther
Bought by
Deng Qinggao and Ma Qiaoping

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$307,500
Interest Rate
3.57%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Deng Qinggao -- None Available
Deng Qinggao $410,000 Landwood Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Deng Qinggao $307,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/28/2016 12/28/16 Sold $410,000 -2.4% $254 / Sq Ft
09/19/2016 09/19/16 Pending -- -- --
09/17/2016 09/17/16 Price Changed $420,000 -1.9% $260 / Sq Ft
08/03/2016 08/03/16 Price Changed $428,000 -3.4% $265 / Sq Ft
05/12/2016 05/12/16 For Sale $443,000 -- $274 / 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 $5,890 $475,835 $313,355 $162,480
2024 $5,890 $466,506 $307,211 $159,295
2023 $5,779 $457,360 $301,188 $156,172
2022 $5,514 $448,393 $295,283 $153,110
2021 $5,442 $439,602 $289,494 $150,108
2020 $5,494 $435,095 $286,526 $148,569
2019 $5,281 $426,564 $280,908 $145,656
2018 $5,234 $418,200 $275,400 $142,800
2017 $5,120 $410,000 $270,000 $140,000
2016 $1,272 $96,575 $43,220 $53,355
2015 $1,255 $95,125 $42,571 $52,554
2014 $1,277 $93,263 $41,738 $51,525
Source: Public Records

Agents Affiliated with this Home

  • Jaime Morales

    Seller's Agent in 2016

    Jaime Morales

    Realty Masters & Associates

    (909) 720-8642

    1 in this area

    31 Total Sales

    Jaime Morales
    Section Image

  • M

    Seller Co-Listing Agent in 2016

    Maria Castillo

    Realty Masters & Associates

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: TR16101951

California Regional Multiple Listing Service (CRMLS)

APN: 5177-012-010

California Los Angeles County Los Angeles 90033 Boyle Heights

2717 Wabash Ave, Los Angeles, CA

Not Listed for Sale

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) 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

Nearby Homes