P
Seller's Agent in 2017
Paul Luc
Resource Real Estate Services
(626) 248-1090
2 Total Sales
2826 E Cesar e Chavez Ave Los Angeles, CA 90033
Boyle Heights Neighborhood
18
Beds
10
Baths
5,904
Sq Ft
8,276
Sq Ft Lot
Highlights
- Fireplace in Bathroom
- Accessible Parking
- Rectangular Lot
- Property is near public transit
- Tile Flooring
- Heating System Uses Natural Gas
About This Home
As of July 2017Located in Boyle Heights, one of the “oldest neighborhoods in Los Angeles. Cesar Chavez Ave is the heart of East L.A. with a vibrant history. The property consists of eight 2 bed+1 baths, and two 1 bed +1 baths. This easy to maintain building is located on a highly visible lot. Minutes from the Gold Line Metro stations, buses, freeways, parks, schools, Downtown, Little Tokyo, Chinatown, Dodgers Stadium, top rated eateries. Cesar Chavez Ave is in the process of going through a tremendous transformation, being named by the mayor as one of 15 “great streets” for city investments.
The subject property has undergone a significant amount of recent improvements on the interior and exterior.Nearly all units are tiled throughout making maintenance simple. New exterior paint and new fascias, wrought iron fence around complex. The current rents are below market levels which offers an astute investor a huge amount of rental upside.The tenants are responsible for their own gas and electricity. There is parking on the premise and owner owned laundry machines on-site. SOLD AS-IS condition, without any repairs. Inspection subject to accepted offer.
Last Agent to Sell the Property
Resource Real Estate Services License #01969367 Listed on: 05/01/2017
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1958
Lot Details
- 8,620 Sq Ft Lot
- Two or More Common Walls
- Rectangular Lot
- No Sprinklers
- Density is 6-10 Units/Acre
Home Design
- Property Attached
Interior Spaces
- 5,904 Sq Ft Home
- Electric Fireplace
- Gas Fireplace
- Living Room with Fireplace
- Tile Flooring
- Fireplace in Kitchen
Bedrooms and Bathrooms
- 18 Bedrooms
- 10 Bathrooms
- Fireplace in Bathroom
Parking
- Parking Available
- Assigned Parking
Location
- Property is near public transit
- Urban Location
Utilities
- Heating System Uses Natural Gas
- Wall Furnace
- Natural Gas Connected
- Gas Water Heater
- Central Water Heater
- Sewer Paid
- Cable TV Available
Additional Features
- Accessible Parking
- Exterior Lighting
Listing and Financial Details
- Tenant pays for cable TV, electricity, gas, telephone
- Legal Lot and Block 16 / 10
- Tax Tract Number 9
- Assessor Parcel Number 5180018019
Community Details
Overview
- 10 Units
Building Details
- Rent Control
- 11 Separate Electric Meters
- 11 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $500
- Insurance Expense $2,300
- Maintenance Expense $3,500
- Trash Expense $1,500
- Water Sewer Expense $5,000
- New Taxes Expense $19,862
- Operating Expense $34,662
- Gross Income $118,812
- Net Operating Income $84,158
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/13/2017 07/13/17 | Sold | $1,430,000 | -9.9% | $242 / Sq Ft |
| 05/01/2017 05/01/17 | For Sale | $1,588,000 | -- | $269 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
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 | $20,469 | $1,627,091 | $489,264 | $1,137,827 |
| 2024 | $20,469 | $1,595,188 | $479,671 | $1,115,517 |
| 2023 | $20,089 | $1,563,911 | $470,266 | $1,093,645 |
| 2022 | $19,192 | $1,533,247 | $461,046 | $1,072,201 |
| 2021 | $18,942 | $1,503,184 | $452,006 | $1,051,178 |
| 2019 | $18,398 | $1,458,600 | $438,600 | $1,020,000 |
| 2018 | $18,225 | $1,430,000 | $430,000 | $1,000,000 |
| 2017 | $13,496 | $1,038,962 | $623,378 | $415,584 |
| 2016 | $13,152 | $1,018,591 | $611,155 | $407,436 |
| 2015 | $12,972 | $1,003,291 | $601,975 | $401,316 |
| 2014 | $13,088 | $983,639 | $590,184 | $393,455 |
Source: Public Records
Agents Affiliated with this Home
-
Paul Luc
-
Ardy Ishal
Buyer's Agent in 2017
Ardy Ishal
BRC Advisors- BH
(310) 433-2739
1 in this area
15 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: AR17094550
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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