NOT LISTED FOR SALE

2746 Boulder St Los Angeles, CA 90033

9 Beds
8 Baths
7,244 Sq Ft
5,845 Sq Ft Lot

Last Sold August 15, 2017

Last sale price $1,085,000 $150 Per Sq Ft

27 Days on Market

Highlights

  • City Lights View
  • Felicitas and Gonzalo Mendez High Rated A-
  • Spanish Architecture

About This Home

As of August 2017

Large Spanish Style 8 Unit Income Property with Seven Large, 1-Bed/ 1-Bath Units and A Large, 2-Bed/ 1-Bath Unit, BRAND NEW ROOF, All the Baths in all the UNITS haven been Remodeled, Some UNITS with Fresh Paint and Brand New Water Heaters! Each UNIT has SEPARATE Water Heater, Electrical & Gas Meters. Great Investment with 6.1% CAP RATE and room for almost 40% more upside in RENT!!! Close to freeways, Downtown, Staples Center, Transportation, Metro & School! GREAT INVESTMENT! PLEASE SEE SHOWING REMARKS!!!

Last Agent to Sell the Property

Abtin Fatehchehr

Sotheby's International Realty License #01727504 Listed on: 04/18/2017

Sotheby's International Realty

Last Buyer's Agent

Abtin Fatehchehr

Sotheby's International Realty License #01727504 Listed on: 04/18/2017

Sotheby's International Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1929 | Remodeled

Lot Details

  • 5,845 Sq Ft Lot

Parking

  • On-Street Parking

Home Design

  • Spanish Architecture
  • Cosmetic Repairs Needed
  • Fixer Upper
  • Asphalt Roof

Interior Spaces

  • 7,244 Sq Ft Home
  • 2-Story Property
  • City Lights Views

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 8 Bathrooms

Utilities

  • Heating System Mounted To A Wall or Window
  • Property is located within a water district
  • Gas Water Heater

Community Details

  • 8 Units

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • The owner pays for water
  • Assessor Parcel Number 5177-030-019

Property Details

Home Type

Multi-Family

Year Built

Built in 1929 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: Spanish
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Advertising Remarks: Large Spanish Style 8 Unit Income Property with Seven Large, 1-Bed/ 1-Bath Units and A Large, 2-Bed/ 1-Bath Unit, BRAND NEW ROOF, All the Baths in all the UNITS haven been Remodeled, Some UNITS with Fresh Paint and Brand New Water Heaters! Each UNIT has SEPARATE Water Heater, Electrical & Gas Meters. Great Investment with 6.1% CAP RATE and room for almost 40% more upside in RENT!!! Close to freeways, Downtown, Staples Center, Transportation, Metro & School! GREAT INVESTMENT! PLEASE SEE SHOWING REMARKS!!!
  • Living Area: 7244
  • Probate: No
  • Property Condition: Fixer, Repair Cosmetic, Updated/Remodeled
  • Stories: 2
  • Year Built: 1929
  • Number Of Photos: 13
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 9
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 8.00
  • Den: 0
  • Price Per S Q F T: 131.14

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • Roof: Asphalt
  • View: City Lights, Tree Top, Walk Street
  • View: Yes

Garage/Parking

  • Garage Structures: 0
  • Parking Garage: On street

Utilities

  • Water Heater: Gas, Water Heater Unit
  • Heating: Wall Gas
  • Number Electric Meters: 8
  • Number Gas Meters: 8
  • Water: Water District
  • Water Expense: 8381.00
  • Water Heaters: Yes

Fee Information

  • Insurance Expense: 3588.00
  • Maintenance Expense: 800.00

Lot Info

  • Assessed Improvement Value: 390087
  • Assessed Land Value: 208047
  • Assessor Parcel Number: 5177-030-019
  • Geocode Override: No
  • Lot Size Area: 5845

Rental Info

  • Total Actual Rent: 6664.27
  • Land Lease Type: Fee
  • Owner Pays: Water
  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110, 2111, 2112, 2113
  • Gross Rent Multiplier: 11.90
  • Number Of Units: 8
  • Total Annual Expense: 21817.83
  • Type Of Units: Apartments
  • Vacancy Rate: 0

Tax Info

  • Tax Expense: 7906.00

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2017 08/15/17 Sold $1,085,000 +14.2% $150 / Sq Ft
05/15/2017 05/15/17 Pending -- -- --
04/18/2017 04/18/17 For Sale $950,000 -- $131 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 17-222024

The MLS