NOT LISTED FOR SALE

2814 Cincinnati St Los Angeles, CA 90033

Estimated Value: $856,000 - $1,046,000

5 Beds
4 Baths
2,731 Sq Ft
$348/Sq Ft Est. Value

Last Sold June 22, 2021

Last sale price $800,000 $293 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $6,069/month

7 Days on Market

Highlights

  • View of Hills
  • No HOA
  • Cooling Available
  • Felicitas and Gonzalo Mendez High Rated A-
  • Fireplace
  • Park

About This Home

As of June 2021

Excellent income property in Boyle Heights highly desirable area. A rare find in today’s market! This Amazing Triplex has two adjacent units, with an additional potential unit in the basment! The property features NEW ROOF, FULLY PAID SOLAR PANELS, NEW PLUMBING, NEW WINDOWS & APPLIANCES. Unit 1 (3) bedrooms, 2 bath, (FULLY REMODELED) w/driveway | Unit 2 (2) bedroom, 1 bath, w/driveway (REMODELED 2 YEARS AGO!) | Unit 3 Studio, 1 bath (TLC) This is a wonderful opportunity for two families to live side by side, or lease out one of the units and live in the other. Lastly, this Triplex is in a great quiet neighborhood, centrally located near schools, Regional Parks, 10/5/60/710/101 freeways. Don't miss out on this wonderful opportunity!

Last Agent to Sell the Property

Jeovanny Gonzalez

Century 21 Allstars License #02065525 Listed on: 04/20/2021

Century 21 Allstars

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,648

Year Built

  • Built in 1957

Lot Details

  • 5,939 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Home Design

  • Turnkey
  • Additions or Alterations

Interior Spaces

  • 2,731 Sq Ft Home
  • Fireplace
  • Views of Hills
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Parking

  • Parking Available
  • Auto Driveway Gate

Utilities

  • Cooling Available
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for all utilities
  • Legal Lot and Block 25 / A
  • Assessor Parcel Number 5178019026

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units

Recreation

  • Park

Building Details

  • 1 Leased Unit
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $1,600
  • Net Operating Income $1,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,648

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: LARD1.5
  • Property Condition: Additions/Alterations, Turnkey
  • Property Type: Residential Income
  • Parcel Number: 5178019026
  • Year Built: 1957
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 292.93

Exterior Features

  • View: Hills
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Auto Driveway Gate

Utilities

  • Utilities: Other
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Sewer: Other
  • Water Source: Public
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Park

Lot Info

  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5939.00
  • Lot Size Acres: 0.1363

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Gross Income: 1600.00
  • Gross Operating Income: 1600.00
  • Gross Scheduled Income: 1600.00
  • Lot Size Area: 5939.0000 Square Feet
  • Net Operating Income: 1600.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 1
  • Number Of Units Total: 3
  • Rent Control: No
  • Total Actual Rent: 1600.00

Tax Info

  • Tax Block: A
  • Tax Lot: 25

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 20, 2021
Closed on
May 4, 2021
Sold by
Rios Alba Ruth
Bought by
Madrigal Eduardo
Seller's Agent
Jeovanny Gonzalez
Century 21 Allstars
List Price
$799,000
Sold Price
$800,000
Premium/Discount to List
$1,000
0.13%
Current Estimated Value
$951,081

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$151,081
Avg. Annual Appreciation
4.25%
Original Mortgage
$785,510
Interest Rate
2.9%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 15, 2002
Sold by
Rios Eduardo and Rios Alba Ruth
Bought by
Rios Eduardo and Rios Alba Ruth

Purchase Details

Closed on
Aug 20, 2001
Sold by
Rios Eduardo
Bought by
Rios Eduardo and Rios Alba Ruth
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
Madrigal Eduardo $800,000 Monarch Title Company
Rios Eduardo -- --
Rios Eduardo -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Madrigal Eduardo $31,025
Closed Madrigal Eduardo $40,314
Previous Owner Madrigal Eduardo $785,510
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/22/2021 06/22/21 Sold $800,000 +0.1% $293 / Sq Ft
04/27/2021 04/27/21 Pending -- -- --
04/20/2021 04/20/21 For Sale $799,000 -- $293 / 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 $10,648 $865,942 $526,060 $339,882
2024 $10,648 $848,964 $515,746 $333,218
2023 $10,446 $832,319 $505,634 $326,685
2022 $9,967 $816,000 $495,720 $320,280
2021 $1,154 $61,120 $19,222 $41,898
2020 $4,606 $60,494 $19,025 $41,469
2019 $4,577 $59,308 $18,652 $40,656
2018 $4,485 $58,146 $18,287 $39,859
2016 $962 $55,890 $17,578 $38,312
2015 $952 $55,051 $17,314 $37,737
2014 $976 $53,973 $16,975 $36,998
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW21081930

California Regional Multiple Listing Service (CRMLS)

APN: 5178-019-026