NOT LISTED FOR SALE

2737 Malabar St Los Angeles, CA 90033

Boyle Heights Neighborhood

Estimated Value: $653,000 - $821,582

5 Beds
3 Baths
1,559 Sq Ft
$479/Sq Ft Est. Value

Last Sold May 07, 2015

Last sale price $460,000 $295 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $4,505/month

180 Days on Market

Highlights

  • Traditional Architecture
  • Living Room
  • Tile Flooring
  • James A. Garfield Senior High School Rated A
  • Laundry Room
  • Ceiling Fan

About This Home

As of May 2015

Charming newly remodeled Duplex ready for move in today! Whether you are an investor or a potential homeowner looking to lease out the second unit, this property is the perfect opportunity! Both units boast gorgeous laminate flooring in the living rooms! Each unit features its own newly remodeled chef’s kitchen complete with new tile floors, new cabinets, and stunning new granite counters! The pristinely remodeled bathrooms boast new tiling, elegant new vanities, and beautifully tiled shower walls! There is a private backyard with plenty of room for entertaining and BBQs! Brand new carpet in the bedrooms, freshly painted interior/exterior, laundry hookups for both units, located within minutes of schools, parks, Downtown, East LACC, and the 10,710, 60, & 5 freeways. A fantastic owner/investor opportunity that will not be available for long, so bring your client by today and see for yourself!

Last Agent to Sell the Property

Polly Watts

Shelter Club Realty, Inc. License #00895696 Listed on: 03/27/2015

Last Buyer's Agent

Joshua Ritnimit

Redfin Corporation License #01873160

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,745

Year Built

  • Built in 1923

Lot Details

  • 5,851 Sq Ft Lot
  • No Common Walls
  • Block Wall Fence
  • Chain Link Fence
  • Front Yard Sprinklers

Parking

  • 1 Car Garage

Home Design

  • Traditional Architecture
  • Raised Foundation
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,559 Sq Ft Home
  • Ceiling Fan
  • Living Room
  • Laundry Room

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Utilities

  • Heating System Uses Natural Gas
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 9
  • Assessor Parcel Number 5177024009

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $2,800
  • Net Operating Income $33,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,745

Year Built

Built in 1923

Lot Details

0

Parking

1

Listing Details

  • Property Attached: No
  • Architectural Style: Traditional
  • Property Type: Residential Income
  • Parcel Number: 5177024009
  • Year Built: 1923
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Ceiling Fan(s)
  • Common Walls: No Common Walls
  • Flooring: Laminate, Carpet, Tile
  • Levels: One
  • Price Per Square Foot: 295.06
  • Room Type: Living Room

Exterior Features

  • Foundation: Raised
  • Fencing: Block, Chain Link
  • Pool Private: No
  • Roof: Composition, Shingle

Garage/Parking

  • Garage Spaces: 1.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Natural Gas, Wall Furnace
  • Laundry Features: Inside
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks

Lot Info

  • Lot Features: Sprinklers In Front
  • Lot Size Sq Ft: 5851.00
  • Lot Size Acres: 0.1340

Multi Family

  • Gross Income: 2800.00
  • Gross Scheduled Income: 33600.00
  • Lot Size Area: 5851.0000 Square Feet
  • Net Operating Income: 33600.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: Yes

Tax Info

  • Tax Lot: 9
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 27, 2015
Closed on
Apr 21, 2015
Sold by
West Ridge Rentals Llc
Bought by
Moreno Dagoberto and Moreno Ana
Seller's Agent
Polly Watts
Shelter Club Realty, Inc.
Buyer's Agent
Joshua Ritnimit
Redfin Corporation
List Price
$429,900
Sold Price
$460,000
Premium/Discount to List
$30,100
7%
Current Estimated Value
$746,646

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$286,646
Avg. Annual Appreciation
4.69%
Original Mortgage
$450,000
Outstanding Balance
$345,154
Interest Rate
3.64%
Mortgage Type
VA
Estimated Equity
$401,492

Purchase Details

Closed on
Dec 13, 2013
Sold by
Mid Cal Realty Services Inc
Bought by
West Ridge Rentals Llc

Purchase Details

Closed on
Dec 11, 2013
Sold by
Vargas Liborio and Vargas Olivia V
Bought by
Mid Cal Realty Services Inc

Purchase Details

Closed on
Aug 23, 2006
Sold by
Vargas Liborio and Vargas Olivia V
Bought by
Vargas Liborio and Vargas Olivia V

Purchase Details

Closed on
May 11, 2006
Sold by
Vargas Liborio and Vargas Olivia V
Bought by
Vargas Liborio and Vargas Olivia V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,000
Interest Rate
9.5%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Sep 1, 2005
Sold by
Vargas Maricela
Bought by
Vargas Liborio and Vargas Olivia V

Purchase Details

Closed on
Oct 5, 2000
Sold by
Vargas Liborio and Vargas Olivia V
Bought by
Vargas Maricela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,650
Interest Rate
7.89%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Moreno Dagoberto $460,000 Title 365
West Ridge Rentals Llc -- Title 365
Mid Cal Realty Services Inc $278,925 Accommodation
Vargas Liborio -- None Available
Vargas Liborio -- Ort
Vargas Liborio -- --
Vargas Maricela -- Southland Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moreno Dagoberto $450,000
Previous Owner Vargas Liborio $322,000
Previous Owner Vargas Maricela $160,650
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/07/2015 05/07/15 Sold $460,000 +7.0% $295 / Sq Ft
04/01/2015 04/01/15 Pending -- -- --
10/03/2014 10/03/14 For Sale $429,900 -- $276 / 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 $6,745 $552,842 $317,284 $235,558
2024 $6,745 $542,003 $311,063 $230,940
2023 $6,616 $531,376 $304,964 $226,412
2022 $6,311 $520,958 $298,985 $221,973
2021 $6,229 $510,744 $293,123 $217,621
2020 $6,289 $505,508 $290,118 $215,390
2019 $6,044 $495,597 $284,430 $211,167
2018 $5,957 $485,880 $278,853 $207,027
2016 $5,685 $467,015 $268,026 $198,989
2015 $3,594 $284,573 $163,196 $121,377
2014 -- $279,000 $160,000 $119,000
Source: Public Records

Agents Affiliated with this Home

  • Polly Watts

    Seller's Agent in 2015

    Polly Watts

    Shelter Club Realty, Inc.

    (310) 963-7766

    20 Total Sales

    Polly Watts
    Section Image

  • J

    Buyer's Agent in 2015

    Joshua Ritnimit

    Redfin Corporation

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW14213118

California Regional Multiple Listing Service (CRMLS)

APN: 5177-024-009

California Los Angeles County Los Angeles 90033 Boyle Heights

2737 Malabar St, Los Angeles, CA

Not Listed for Sale

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