Seller's Agent in 2024
Jason Tuvia
Marcus & Millichap
(818) 212-2700
4 in this area
110 Total Sales
2722 E 2nd St Los Angeles, CA 90033
Boyle Heights NeighborhoodEstimated Value: $1,067,000 - $1,189,000
7
Beds
4
Baths
2,608
Sq Ft
$428/Sq Ft
Est. Value
Highlights
- City View
- Wood Flooring
- Bay Window
- Craftsman Architecture
- Balcony
- Built-In Features
About This Home
As of July 2024We are pleased to present a three (3) property portfolio (may be sold together or separate) totaling nine (9) unit located in Los Angeles, California. The subject property is situated in an ideal East Los Angeles / Boyle Heights location, north of the -5 freeway and east of the -101 freeway. Built in 1954, 2722 E 2nd Street contains an exceptional unit mix of two (2) two-bedroom / one-bathroom units and one (1) three-bedroom / two-bathroom detached single-family residence. There is ample on-site parking available. Built in 1927, 1050 S Bonnie Beach Place contains a incredible unit mix of two (2) two-bedroom / one and a half-bathroom units and one (1) three-bedroom / one and a half-bathroom unit. There is positive initial cash flow at a 7.26% cap rate on current numbers. Additionally, there is potential to convert the carports into multiple ADU unit(s). Built in 1973, 926 S Ford Boulevard contains a streamlined unit mix of three (3) two-bedroom / one and a half-bathroom units with a bonus den. There is potential to convert the carports into multiple ADU unit(s). Situated in an ideal East Los Angeles / Boyle Heights location, this offering presents an excellent opportunity for any investor to capitalize on 30-year fixed residential financing to acquire up to three (3) triplexes all within a few miles of each other.
Last Agent to Sell the Property
Marcus & Millichap License #01772495 Listed on: 04/15/2024
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1954 | Remodeled
Lot Details
- 6,753 Sq Ft Lot
- Landscaped
- Rectangular Lot
Home Design
- Craftsman Architecture
Interior Spaces
- 2,608 Sq Ft Home
- 2-Story Property
- Built-In Features
- Bay Window
- Wood Flooring
- City Views
Kitchen
- Oven
- Range with Range Hood
- Dishwasher
Bedrooms and Bathrooms
- 7 Bedrooms
- 4 Bathrooms
- Bathtub with Shower
Laundry
- Laundry in unit
- Dryer
- Washer
Parking
- 4 Open Parking Spaces
- 4 Parking Spaces
- Driveway
Utilities
- Air Conditioning
- Heating System Mounted To A Wall or Window
- Water Heater
Additional Features
- Balcony
- City Lot
Listing and Financial Details
- Tenant pays for electricity, gas
- Assessor Parcel Number 5180-013-006
Community Details
Overview
- 2 Buildings
- 3 Units
Building Details
- Vacancy Allowance $2,844
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jun 6, 2025
Sold by
Lee Byeong Seong and Jung Ah
Bought by
Lee Byeong Seong and Lee Jung Ah
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$806,690
Outstanding Balance
$803,964
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
$313,048
Purchase Details
Listed on
Apr 15, 2024
Closed on
Jul 19, 2024
Sold by
Arbel Jonathan Singer and Berger Joshua David
Bought by
Lee Byeong Seong and Lee Jung Ah
Seller's Agent
Jason Tuvia
Marcus & Millichap
Buyer's Agent
Chan Lee
Mega Realty
List Price
$1,200,000
Sold Price
$1,100,000
Premium/Discount to List
-$100,000
-8.33%
Views
35
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.09%
Original Mortgage
$549,000
Interest Rate
6.95%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jul 22, 2020
Closed on
Aug 17, 2020
Sold by
Santa Yneziela Properties Llc
Bought by
2Nd & Saratoga Llc
Seller's Agent
Archie Robb
Keller Williams Realty La Canada Flintridge
Buyer's Agent
Archie Robb
Keller Williams Realty La Canada Flintridge
List Price
$595,000
Sold Price
$630,000
Premium/Discount to List
$35,000
5.88%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.24%
Purchase Details
Closed on
Jan 1, 2009
Sold by
Ono Allen N and Ono Dennis S
Bought by
Santa Ynez/Ela Properties Llc
Purchase Details
Closed on
Aug 31, 2008
Sold by
Ono Allen N and Ono Dennis S
Bought by
Ono Allen N and Ono Dennis S
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 |
|---|---|---|---|
| Lee Byeong Seong | -- | Atlas Title | |
| Lee Byeong Seong | $1,100,000 | Old Republic Title Company | |
| Arbel Jonathan Singer | -- | Old Republic Title Company | |
| 2Nd & Saratoga Llc | $630,000 | Lawyers Title Company | |
| Santa Ynez/Ela Properties Llc | -- | None Available | |
| Ono Allen N | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Lee Byeong Seong | $806,690 | |
| Previous Owner | Lee Byeong Seong | $549,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/29/2024 07/29/24 | Sold | $1,100,000 | 0.0% | $422 / Sq Ft | |
| 06/14/2024 06/14/24 | Pending | -- | -- | -- | |
| 05/08/2024 05/08/24 | Price Changed | $1,100,000 | -8.3% | $422 / Sq Ft | |
| 04/15/2024 04/15/24 | For Sale | $1,200,000 | +90.5% | $460 / Sq Ft | |
| 08/25/2020 08/25/20 | Sold | $630,000 | +5.9% | $242 / Sq Ft | View Prior Sale |
| 08/08/2020 08/08/20 | Pending | -- | -- | -- | |
| 07/22/2020 07/22/20 | For Sale | $595,000 | -- | $228 / Sq Ft |
Source: The MLS
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 | $10,330 | $1,100,000 | $700,000 | $400,000 |
| 2024 | $10,330 | $822,435 | $573,052 | $249,383 |
| 2023 | $10,134 | $806,310 | $561,816 | $244,494 |
| 2022 | $9,670 | $790,500 | $550,800 | $239,700 |
| 2021 | $7,840 | $630,000 | $400,000 | $230,000 |
| 2020 | $4,247 | $317,912 | $129,520 | $188,392 |
| 2019 | $4,092 | $311,680 | $126,981 | $184,699 |
| 2018 | $4,008 | $305,570 | $124,492 | $181,078 |
| 2016 | $3,811 | $293,706 | $119,658 | $174,048 |
| 2015 | $3,759 | $289,295 | $117,861 | $171,434 |
| 2014 | $3,791 | $283,629 | $115,553 | $168,076 |
Source: Public Records
Agents Affiliated with this Home
-
Jason Tuvia
-
Chan Lee
C
Buyer's Agent in 2024
Chan Lee
RE/MAX
(213) 500-6124
1 in this area
4 Total Sales
-
Archie Robb
Seller's Agent in 2020
Archie Robb
Keller Williams Realty La Canada Flintridge
(213) 239-3392
39 Total Sales
-
Nick Astrupgaard
Seller Co-Listing Agent in 2020
Nick Astrupgaard
KW Commercial Studio City
(818) 432-1580
24 Total Sales
Map
Source: The MLS
MLS Number: 24-380526
APN: 5180-013-006
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© 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
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