NOT LISTED FOR SALE

2941 Marengo St Los Angeles, CA 90033

Boyle Heights Neighborhood

Estimated Value: $1,063,000 - $1,145,198

4 Beds
4 Baths
2,842 Sq Ft
$388/Sq Ft Est. Value

Last Sold December 09, 2015

Last sale price $535,000 $188 Per Sq Ft

Est. 106% increase in value since last sale

Current estimated payment $6,600/month

80 Days on Market

About This Home

As of December 2015

This is a well-maintained 4-unit complex (each with one bedroom and one bathroom) in Boyle Heights. It's located in a great neighborhood with convenient freeway access and is only minutes away from California State University at Los Angeles.

Please note the following:

(1) The listing agent is related to the Seller.
(2) Do not contact the existing tenants.
(3) Operating expenses listed are approximations. Seller will provide back-up documentation for all costs, expenses, and collected rents during due diligence.

Please contact the Listing Agent re: further questions.

Last Agent to Sell the Property

Pernell Agdeppa

Skyreach Realcorp License #01733306 Listed on: 09/21/2015

Last Buyer's Agent

Manuel Saravia

Quickshow Realty License #01104654

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,034

Year Built

  • Built in 1984

Lot Details

  • 4,806 Sq Ft Lot
  • Two or More Common Walls
  • Density is 2-5 Units/Acre

Parking

  • 4 Car Garage

Home Design

  • 2,842 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Additional Features

  • Urban Location
  • Septic Type Unknown

Listing and Financial Details

  • Tax Lot 18
  • Tax Tract Number 2032
  • Assessor Parcel Number 5229001035

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • Electric Expense $250
  • Insurance Expense $250
  • Trash Expense $250
  • Water Sewer Expense $250
  • New Taxes Expense $250
  • Gross Income $3,940
  • Net Operating Income $2,561

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,034

Year Built

Built in 1984

Lot Details

0

Parking

4

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Water Sewer Expenses: 250.00
  • Property Type: Residential Income
  • Parcel Number: 5229001035
  • Year Built: 1984
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 188.25

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 8.00

Utilities

  • Sewer: Unknown
  • Trash Expense: 250.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 4806.00
  • Price Per Lot Square Foot: 111.32
  • Lot Size Acres: 0.1100

Multi Family

  • Electric Expense: 250.00
  • Gross Income: 3940.00
  • Gross Scheduled Income: 3940.00
  • Insurance Expense: 250.00
  • Lot Size Area: 4806.0000 Square Feet
  • Net Operating Income: 2561.00
  • Number Of Units Total: 4
  • Operating Expense: 1379.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 250.00
  • Tax Lot: 18
  • Tax Tract Number: 2032

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 20, 2017
Sold by
Bks Holdings Llc
Bought by
Marengo Rentals Llc
Current Estimated Value
$1,101,300

Purchase Details

Closed on
Aug 10, 2016
Sold by
Amaya Oscar H
Bought by
Bks Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 21, 2015
Closed on
Nov 18, 2015
Sold by
Agdeppa Stevenson A
Bought by
Agdeppa Ruperta A
Seller's Agent
Pernell Agdeppa
Skyreach Realcorp
Buyer's Agent
Manuel Saravia
Quickshow Realty
List Price
$599,000
Sold Price
$535,000
Premium/Discount to List
-$64,000
-10.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.57%

Purchase Details

Listed on
Sep 21, 2015
Closed on
Nov 6, 2015
Sold by
Agdeppa Ruperta A
Bought by
Amaya Oscar H
Seller's Agent
Pernell Agdeppa
Skyreach Realcorp
Buyer's Agent
Manuel Saravia
Quickshow Realty
List Price
$599,000
Sold Price
$535,000
Premium/Discount to List
-$64,000
-10.68%

Purchase Details

Closed on
Jul 2, 2015
Sold by
Agdeppa Ruperta A
Bought by
Agdeppa Ruperta A

Purchase Details

Closed on
Apr 6, 2006
Sold by
Agdeppa Ruperta A
Bought by
Agdeppa Ruperta A and The Ruperta A Agdeppa Revocable Living T

Purchase Details

Closed on
Nov 30, 2005
Sold by
Agdeppa Ruperta A
Bought by
Ruperta A Agdeppa Revocable Living Trust

Purchase Details

Closed on
Oct 21, 2005
Sold by
Agdeppa Ruperta A
Bought by
Agdeppa Ruperta A

Purchase Details

Closed on
Jun 14, 1995
Sold by
Agdeppa Ruperta A
Bought by
Agdeppa Ruperta A and The Ruperta A Agdeppa Living Trust
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Marengo Rentals Llc -- None Available
Bks Holdings Llc $700,000 Fidelity National Title Co
Agdeppa Ruperta A -- Fidelity National Title
Amaya Oscar H $535,000 Fidelity National Title
Agdeppa Ruperta A -- None Available
Agdeppa Ruperta A -- None Available
Ruperta A Agdeppa Revocable Living Trust -- --
Agdeppa Ruperta A -- --
Agdeppa Ruperta A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bks Holdings Llc $165,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/09/2015 12/09/15 Sold $535,000 -10.7% $188 / Sq Ft
11/09/2015 11/09/15 Pending -- -- --
08/21/2015 08/21/15 For Sale $599,000 -- $211 / 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 $10,034 $812,405 $348,173 $464,232
2024 $10,034 $796,477 $341,347 $455,130
2023 $9,845 $780,860 $334,654 $446,206
2022 $9,394 $765,550 $328,093 $437,457
2021 $9,271 $750,540 $321,660 $428,880
2019 $8,998 $728,280 $312,120 $416,160
2018 $8,892 $714,000 $306,000 $408,000
2017 $8,699 $700,000 $300,000 $400,000
2016 $6,682 $535,000 $300,000 $235,000
2015 $4,596 $366,916 $109,289 $257,627
2014 -- $359,730 $107,149 $252,581
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2015

    Pernell Agdeppa

    Skyreach Realcorp

  • M

    Buyer's Agent in 2015

    Manuel Saravia

    Quickshow Realty

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: TR15186334

California Regional Multiple Listing Service (CRMLS)

APN: 5229-001-035

California Los Angeles County Los Angeles 90033 Boyle Heights

2941 Marengo St, Los Angeles, CA

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California Regional Multiple Listing Service (CRMLS) 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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