NOT LISTED FOR SALE

2731 Wabash Ave Los Angeles, CA 90033

Boyle Heights Neighborhood

Estimated Value: $687,000 - $810,837

3 Beds
2 Baths
1,587 Sq Ft
$467/Sq Ft Est. Value

Last Sold June 14, 2019

Last sale price $445,000 $280 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $4,423/month

114 Days on Market

About This Home

As of June 2019

PROFILE SHOWS 2 BEDROOMS AND 2 BATHS. IT IS ACTUALY 2 BEDROOMS AND 1 BATH AND A 1BEDROOM AND 1 BATH. VERY GOOD RENTAL AREA, LONG TERM TENANTS. TENANTS WOULD LIKE TO REMAIN ON PROPERTY.
VERY CLOSE TO DOWN TOWN AND LOS ANGELES GENERAL HOSPITAL ..

Last Agent to Sell the Property

Orlando Pech

Coldwell Banker Envision License #00837242 Listed on: 12/24/2018

Last Buyer's Agent

Joe Timko

EQUITY SAVER PROPERTIES License #00781993

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,480

Year Built

  • Built in 1916

Lot Details

  • 7,434 Sq Ft Lot
  • 1 Common Wall
  • Density is 2-5 Units/Acre

Home Design

  • 1,587 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Listing and Financial Details

  • Tax Lot 16
  • Tax Tract Number 203200
  • Assessor Parcel Number 5177012013

Community Details

Overview

  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $400
  • Trash Expense $75
  • Water Sewer Expense $80
  • New Taxes Expense $1,510
  • Operating Expense $155
  • Gross Income $22,500
  • Net Operating Income $18,670

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,480

Year Built

Built in 1916

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 80.00
  • Zoning: LAR2
  • Property Type: Residential Income
  • Parcel Number: 5177012013
  • Year Built: 1916
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Levels: Two
  • Price Per Square Foot: 280.40

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Trash Expense: 75.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Gutters, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 7434.00
  • Lot Size Acres: 0.1707

Multi Family

  • Gross Income: 22500.00
  • Gross Scheduled Income: 22500.00
  • Insurance Expense: 400.00
  • Lot Size Area: 7434.0000 Square Feet
  • Net Operating Income: 18670.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 3770.00
  • Rent Control: Yes
  • Total Expenses: 155.00

Tax Info

  • New Taxes Expense: 1510.00
  • Tax Census Tract: 2032.00
  • Tax Lot: 16
  • Tax Tract Number: 203200
  • Tax Annual Amount: 1480.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 21, 2019
Sold by
Farfan Anthony Gilbert and Farfan Yolanda Ruiz
Bought by
Tinko Christina
Current Estimated Value
$740,959

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$425,620
Interest Rate
3.37%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Tinko Christina $445,000 Orange Coast Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tinko Christina $425,620
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/14/2019 06/14/19 Sold $445,000 -4.5% $280 / Sq Ft
02/22/2019 02/22/19 Price Changed $465,900 -21.2% $294 / Sq Ft
02/02/2019 02/02/19 Price Changed $590,900 +28.5% $372 / Sq Ft
12/24/2018 12/24/18 For Sale $459,900 -- $290 / 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 $6,120 $496,399 $273,298 $223,101
2024 $6,120 $486,667 $267,940 $218,727
2023 $6,004 $477,126 $262,687 $214,439
2022 $5,730 $467,772 $257,537 $210,235
2021 $5,655 $458,601 $252,488 $206,113
2020 $5,791 $454,160 $249,900 $204,260
2019 $4,039 $107,549 $67,698 $39,851
2018 $1,511 $105,446 $66,371 $39,075
2016 $1,430 $101,103 $63,795 $37,308
2015 $1,413 $99,585 $62,837 $36,748
2014 $1,432 $97,636 $61,607 $36,029
Source: Public Records

Agents Affiliated with this Home

  • O

    Seller's Agent in 2019

    Orlando Pech

    Coldwell Banker Envision

  • J

    Buyer's Agent in 2019

    Joe Timko

    EQUITY SAVER PROPERTIES

    (626) 253-7959

    5 Total Sales

    Joe Timko
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: TR18296300

California Regional Multiple Listing Service (CRMLS)

APN: 5177-012-013

California Los Angeles County Los Angeles 90033 Boyle Heights

2731 Wabash Ave, Los Angeles, CA

Not Listed for Sale

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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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