$1,000,000
SOLD MAR 18, 2025
7 Beds
5 Baths
3,348 Sq Ft
6,097 Sq Ft Lot

Recently Sold

$299 Per Sq Ft

17% Below List Price

202 Days on Market

Highlights

  • Park or Greenbelt View
  • 7 Car Garage
  • Ceiling Fan
  • Balcony
  • Laundry Room

About This Home

As of March 2025

Attractive Seller Financing Available! A minimum 70% LTV 30% Down payment. Seller Financing for 30 years at 3.5%, Fully Amortized for 30 years. 5 year prepayment penalty. Located in Boyle Heights, CA, 2819 E 3rd St offers comfort and convenience in a serene cul-de-sac setting. Zoned LAR2, the property features a generous lot size of 6,095 square feet and a substantial 3,348 square feet of building space. Built in 1969, it includes five units: two spacious 2-bedroom, 1-bathroom residences and three cozy 1-bedroom, 1-bathroom apartments. Its proximity to Evergreen recreational park enhances the lifestyle with easy access to outdoor activities. Ideal for investors seeking stability and proximity to amenities, this property in Boyle Heights is a compelling choice for rental income or portfolio diversification. Possible opportunity to add ADUs to property by taking advantage.

Last Agent to Sell the Property

Michael Fukushima

Keller Williams Los Angeles License #01380445 Listed on: 07/31/2024

Keller Williams Los Angeles

Co-Listed By

Stephen Watson

Keller Williams Los Angeles License #01187813

Last Buyer's Agent

Douglas Lee

COMPASS License #01463907

COMPASS

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1969

Parking

  • 7 Car Garage

Home Design

  • Cosmetic Repairs Needed
  • Fixer Upper

Interior Spaces

  • 3,348 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Park or Greenbelt Views

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 5 Bathrooms

Laundry

  • Laundry Room
  • Leased Washer and Dryer

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window
  • Gas Water Heater
  • Sewer in Street

Additional Features

  • Balcony
  • 6,097 Sq Ft Lot

Listing and Financial Details

  • Tenant pays for gas, electricity
  • The owner pays for gardener, water, electricity, gas
  • Assessor Parcel Number 5180-013-038

Community Details

Overview

  • 2 Buildings
  • 5 Units

Building Details

  • Rent Control

Property Details

Home Type

Multi-Family

Year Built

Built in 1969

Lot Details

0

Parking

7

Listing Details

  • Property Type: Residential Income
  • Levels: Two
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Alley: No
  • Living Area: 3348
  • Lot Acreage: 0.1400
  • Price Per Unit: 240000.00
  • Probate: No
  • Property Condition: Fixer, Repair Cosmetic
  • Stories: 2
  • Year Built: 1969
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 7
  • Common Walls: Attached
  • Laundry: Laundry Area
  • Laundry Equipment: Lease
  • Total Bathrooms: 5.00
  • Equipment: Ceiling Fan, Refrigerator, Range/Oven, Garbage Disposal, Dishwasher
  • Price Per S Q F T: 298.69

Exterior Features

  • Other Features: Balcony
  • Other Structures: None
  • Tennis Court Y/N: No
  • Paved: Yes
  • Pool: No
  • Spa Yn: No
  • View: Park
  • View: Yes

Garage/Parking

  • Garage Spaces: 7
  • Covered Parking: 7
  • Parking Garage: Garage Is Detached
  • Total Parking: 7

Utilities

  • Water Heater: Gas
  • Cooling: Wall/Window
  • Heating: Wall
  • Sewer: In Street
  • Water: Public
  • Water Heaters: Yes

Lot Info

  • Assessed Improvement Percent: 68.75
  • Assessed Improvement Value: 234279
  • Assessed Land Percent: 31.25
  • Assessed Land Value: 106484
  • Total Assessed Value: 340763
  • Assessor Parcel Number: 5180-013-038
  • Lot Size Area: 6097

Rental Info

  • Owner Pays: Gardener, Water, Electricity, Gas
  • Rent Control: Yes
  • Tenant Pays: Gas, Electricity

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 13.90
  • Number Of Units: 5
  • Type Of Units: Residential

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/18/2025 03/18/25 Sold $1,000,000 0.0% $299 / Sq Ft
02/18/2025 02/18/25 Pending -- -- --
09/30/2024 09/30/24 Price Changed $1,000,000 -9.1% $299 / Sq Ft
08/28/2024 08/28/24 Price Changed $1,100,000 -8.3% $329 / Sq Ft
07/31/2024 07/31/24 For Sale $1,200,000 -- $358 / Sq Ft
Source: The MLS

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 $5,058 $354,528 $110,785 $243,743
2024 $5,058 $347,577 $108,613 $238,964
2023 $4,975 $340,763 $106,484 $234,279
2022 $4,774 $334,083 $104,397 $229,686
2021 $4,704 $327,533 $102,350 $225,183
2019 $4,583 $318,020 $99,315 $218,705
2018 $4,462 $311,789 $97,368 $214,421
2016 $4,206 $299,491 $93,588 $205,903
2015 $4,153 $294,994 $92,183 $202,811
2014 $4,198 $289,217 $90,378 $198,839
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: The MLS

MLS Number: 24-420775

The MLS