Seller's Agent in 2014
Alexander Mercado
NEXT Brokerage
(626) 643-4742
1 in this area
22 Total Sales
2912 E 6th St Los Angeles, CA 90023
Boyle Heights Neighborhood
12
Beds
7
Baths
4,200
Sq Ft
8,657
Sq Ft Lot
About This Home
As of July 2014Tremendous Investment Opportunity in a Great Neighborhood of Boyle Heights. Seven single story Bungalows all individually metered for gas and electricity. Separate water heaters. Easy to manage with long term tenants paying rent on time. Current rents will provide a healthy positive cash flow with 30% down. Plenty of room for rent increase under current rent control guidelines.
Last Agent to Sell the Property
NEXT Brokerage License #01831077 Listed on: 06/12/2014
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1921
Lot Details
- 8,657 Sq Ft Lot
- No Common Walls
Home Design
- 4,200 Sq Ft Home
Bedrooms and Bathrooms
- 12 Bedrooms
- 7 Bathrooms
Additional Features
- Exterior Lighting
- Urban Location
Listing and Financial Details
- Tenant pays for electricity, gas
- Tax Lot 1
- Tax Tract Number 2
- Assessor Parcel Number 5185020019
Community Details
Overview
- 7 Buildings
- 7 Units
Building Details
- Rent Control
- 7 Separate Electric Meters
- 7 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $3,600
- Maintenance Expense $600
- Water Sewer Expense $3,450
- Gross Income $6,028
- Net Operating Income $62,040
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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 |
|---|---|---|---|---|
| 07/31/2014 07/31/14 | Sold | $710,000 | +1.6% | $169 / Sq Ft |
| 06/21/2014 06/21/14 | Pending | -- | -- | -- |
| 06/12/2014 06/12/14 | For Sale | $699,000 | -- | $166 / 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 | $11,134 | $853,305 | $480,737 | $372,568 |
| 2024 | $11,134 | $836,574 | $471,311 | $365,263 |
| 2023 | $10,934 | $820,171 | $462,070 | $358,101 |
| 2022 | $10,460 | $804,090 | $453,010 | $351,080 |
| 2021 | $10,321 | $788,325 | $444,128 | $344,197 |
| 2020 | $10,415 | $780,243 | $439,575 | $340,668 |
| 2019 | $10,034 | $764,945 | $430,956 | $333,989 |
| 2018 | $9,874 | $749,947 | $422,506 | $327,441 |
| 2016 | $9,384 | $720,827 | $406,100 | $314,727 |
| 2015 | $9,256 | $710,000 | $400,000 | $310,000 |
| 2014 | $9,120 | $679,000 | $434,800 | $244,200 |
Source: Public Records
Agents Affiliated with this Home
-
Alexander Mercado
-
Brian Ngoy
Buyer's Agent in 2014
Brian Ngoy
Real Brokerage Technologies
(626) 232-0713
1 in this area
58 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: AR14128087
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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