NOT LISTED FOR SALE

2738 E 4th St Los Angeles, CA 90033

Estimated Value: $725,987

3 Beds
3 Baths
2,312 Sq Ft
$314/Sq Ft Est. Value

Last Sold August 24, 2020

Last sale price $555,000 $240 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $4,574/month

270 Days on Market

About This Home

As of August 2020

LIKE NO OTHER: We are pleased to present for sale a unique value-add opportunity located at 2738 E 4TH STREET! This property is located in HOT true Boyle Heights neighborhood, which is minutes East of Downtown Los Angeles & The Arts District. This Lot is Zoned LAC1 and generously sized at 5199 making it an ideal purchase for an investor-developer the rare opportunity to add value to a vintage building in the heart of an emerging sought out neighborhood. This area is predominately comprised of attractive single-family homes and surrounded by increasingly popular restaurants, retail and entertainment venues, which draws a wide range of creatives! This is the one, perfect for an owner-user.

Last Agent to Sell the Property

Xio Sandoval

CENTURY 21 REALTY MASTERS License #01308913 Listed on: 09/16/2019

CENTURY 21 REALTY MASTERS

Last Buyer's Agent

Xio Sandoval

CENTURY 21 REALTY MASTERS License #01308913 Listed on: 09/16/2019

CENTURY 21 REALTY MASTERS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,415

Year Built

  • Built in 1950

Lot Details

  • 5,199 Sq Ft Lot
  • No Common Walls
  • Value in Land

Home Design

  • 2,312 Sq Ft Home

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Additional Features

  • Exterior Lighting
  • Urban Location
  • Private Water Source

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 10
  • Tax Tract Number 2043
  • Assessor Parcel Number 5185008010

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • 3 Leased Units
  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $700
  • Trash Expense $250
  • Water Sewer Expense $900
  • New Taxes Expense $8,737
  • Operating Expense $10,587

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,415

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Assessments: No
  • Property Attached: No
  • Water Sewer Expenses: 900.00
  • Zoning: LAC1
  • Property Type: Residential Income
  • Parcel Number: 5185008010
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 240.05

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Trash Expense: 250.00
  • Water Source: Private

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Value In Land
  • Lot Size Sq Ft: 5199.00
  • Lot Size Acres: 0.1194

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Insurance Expense: 700.00
  • Lot Size Area: 5199.0000 Square Feet
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Rent Control: Yes
  • Total Actual Rent: 3106.00
  • Total Expenses: 10587.00

Tax Info

  • New Taxes Expense: 8737.00
  • Tax Census Tract: 2043.00
  • Tax Lot: 10
  • Tax Tract Number: 2043

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2019
Closed on
Jul 8, 2020
Sold by
Martinez Anthony A and Martinez Anthony A
Bought by
Sandoval Xiomara
Seller's Agent
Xio Sandoval
CENTURY 21 REALTY MASTERS
Buyer's Agent
Xio Sandoval
CENTURY 21 REALTY MASTERS
List Price
$625,000
Sold Price
$555,000
Premium/Discount to List
-$70,000
-11.2%
Current Estimated Value
$725,987

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$170,987
Avg. Annual Appreciation
5.04%
Original Mortgage
$544,947
Interest Rate
3%

Purchase Details

Closed on
Sep 18, 2010
Sold by
Martinez Anthony Albert and Martinez Anthony A
Bought by
Martinez Anthony A and Martinez Revocable T Anthony A

Purchase Details

Closed on
Aug 26, 2010
Sold by
Martinez Olga and The Juan Z Martinez Living Tru
Bought by
Martinez Anthony Albert

Purchase Details

Closed on
Jun 15, 2010
Sold by
Juan Z Martinez Living Trust
Bought by
Martinez Olga

Purchase Details

Closed on
Jan 20, 2007
Sold by
Martinez Juan Z
Bought by
Martinez Juan Z and The Juan Z Martinez Living Tru
Source: Public Records

Range of Values:

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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
Sandoval Xiomara $555,000 Pacific Coast Title Company
Martinez Anthony A -- None Available
Martinez Anthony Albert -- None Available
Martinez Juan Z -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sandoval Xiomara $544,947
Previous Owner Martinez Anthony A $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/24/2020 08/24/20 Sold $555,000 -11.2% $240 / Sq Ft
06/12/2020 06/12/20 Pending -- -- --
05/17/2020 05/17/20 For Sale $625,000 0.0% $270 / Sq Ft
04/28/2020 04/28/20 Pending -- -- --
02/15/2020 02/15/20 Price Changed $625,000 -10.6% $270 / Sq Ft
09/16/2019 09/16/19 For Sale $699,000 -- $302 / 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 $7,415 $600,747 $384,262 $216,485
2024 $7,415 $588,969 $376,728 $212,241
2023 $7,275 $577,422 $369,342 $208,080
2022 $6,943 $566,100 $362,100 $204,000
2021 $6,849 $555,000 $355,000 $200,000
2020 $5,652 $440,466 $175,717 $264,749
2019 $5,437 $431,830 $172,272 $259,558
2018 $5,325 $423,364 $168,895 $254,469
2016 $5,073 $406,927 $162,338 $244,589
2015 $5,001 $400,816 $159,900 $240,916
2014 $5,027 $392,965 $156,768 $236,197
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MB19221609

California Regional Multiple Listing Service (CRMLS)

APN: 5185-008-010