NOT LISTED FOR SALE

3116 E 3rd St Los Angeles, CA 90063

Boyle Heights Neighborhood

Estimated Value: $654,000 - $797,000

4 Beds
2 Baths
1,091 Sq Ft
$661/Sq Ft Est. Value

Last Sold August 15, 2017

Last sale price $490,000 $449 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $4,352/month

24 Days on Market

Highlights

  • No HOA
  • Cul-De-Sac
  • Level Lot
  • Felicitas and Gonzalo Mendez High Rated A-
  • Laundry Room

About This Home

As of August 2017

2-Seperate Units in Boyle Heights located on a cul-de-sac street with no traffic. 2-Bedroom Unit in the front and 1-Bedroom Used as a 2-Bedroom in the back. Long drive-way for parking and a garage with alley access. Property is in good condition and situated near schools, shops and public transportation. Only minutes from down town. Both units will be delivered vacant... Great for investent for rentals or live in one and rent the other.

Last Agent to Sell the Property

Jaime Garcia

Century 21 Allstars License #01233300 Listed on: 06/09/2017

Century 21 Allstars

Last Buyer's Agent

Jaime Garcia

Century 21 Allstars License #01233300 Listed on: 06/09/2017

Century 21 Allstars

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,823

Year Built

  • Built in 1930

Lot Details

  • 5,000 Sq Ft Lot
  • No Common Walls
  • Cul-De-Sac
  • Level Lot

Parking

  • 1 Car Garage

Home Design

  • 1,091 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Additional Features

  • Laundry Room
  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 32
  • Assessor Parcel Number 5179005029

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • New Taxes Expense $6,237
  • Operating Expense $6,237

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,823

Year Built

Built in 1930

Lot Details

0

Parking

1

Listing Details

  • Property Attached: No
  • Zoning: LAR2
  • Property Type: Residential Income
  • Parcel Number: 5179005029
  • Year Built: 1930
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 449.13

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Cul-De-Sac, Level
  • Lot Size Sq Ft: 5000.00

Tax Info

  • New Taxes Expense: 6237.00
  • Tax Census Tract: 2041.10
  • Tax Lot: 32
  • Tax Tract Number: 0000

Multi Family

  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Rent Control: No
  • Total Expenses: 6237.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2017
Closed on
Aug 4, 2017
Sold by
Gonzalez Margarita
Bought by
Valdovinos Salvador Gonzalez
Seller's Agent
Jaime Garcia
Century 21 Allstars
Buyer's Agent
Jaime Garcia
Century 21 Allstars
List Price
$499,000
Sold Price
$490,000
Premium/Discount to List
-$9,000
-1.8%
Current Estimated Value
$721,381

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$231,381
Avg. Annual Appreciation
4.82%
Original Mortgage
$367,500
Outstanding Balance
$305,916
Interest Rate
3.96%
Mortgage Type
New Conventional
Estimated Equity
$415,465

Purchase Details

Listed on
Jun 9, 2017
Closed on
Jul 11, 2017
Sold by
Gonzalez Mario Martinez and Valdovinos Salvador Gonzalez
Bought by
Chavarria Rafael and Chavarria Eva
Seller's Agent
Jaime Garcia
Century 21 Allstars
Buyer's Agent
Jaime Garcia
Century 21 Allstars
List Price
$499,000
Sold Price
$490,000
Premium/Discount to List
-$9,000
-1.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$367,500
Outstanding Balance
$305,916
Interest Rate
3.96%
Mortgage Type
New Conventional
Estimated Equity
$415,465

Purchase Details

Closed on
May 22, 2017
Sold by
Martinez Jose Manuel Castillo and Valdovinos Salvador Gonzalez
Bought by
Gonzalez Mario Martinez and Valdovinos Salvador Gonzalez

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$367,500
Outstanding Balance
$305,916
Interest Rate
3.96%
Mortgage Type
New Conventional
Estimated Equity
$415,465

Purchase Details

Closed on
Oct 25, 2001
Sold by
Ramos Francisco T and Ramos Maria G
Bought by
Castillo Manuel and Gonzalez Salvador

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,386
Interest Rate
7.01%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 18, 2001
Sold by
Gonzalez Margarita Gonzalez
Bought by
Gonzalez Salvador

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,386
Interest Rate
7.01%
Mortgage Type
FHA
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
Valdovinos Salvador Gonzalez -- Old Republic Title Company
Chavarria Rafael $490,000 Old Republic Title Company
Gonzalez Mario Martinez -- None Available
Castillo Manuel $201,500 American Title Co
Ramos Francisco T -- American Title Co
Gonzalez Salvador -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chavarria Rafael $367,500
Previous Owner Castillo Manuel $198,386
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/15/2017 08/15/17 Sold $490,000 -1.8% $449 / Sq Ft
07/03/2017 07/03/17 Pending -- -- --
06/09/2017 06/09/17 For Sale $499,000 -- $457 / 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 $6,823 $557,532 $455,130 $102,402
2024 $6,823 $546,601 $446,206 $100,395
2023 $6,693 $535,884 $437,457 $98,427
2022 $6,384 $525,378 $428,880 $96,498
2021 $6,305 $515,077 $420,471 $94,606
2020 $6,367 $509,796 $416,160 $93,636
2019 $6,118 $499,800 $408,000 $91,800
2018 $6,100 $490,000 $400,000 $90,000
2016 $3,167 $251,447 $137,265 $114,182
2015 $3,122 $247,671 $135,204 $112,467
2014 $3,144 $242,820 $132,556 $110,264
Source: Public Records

Agents Affiliated with this Home

  • Jaime Garcia

    Seller's Agent in 2017

    Jaime Garcia

    Century 21 Allstars

    (562) 440-9511

    1 in this area

    42 Total Sales

    Jaime Garcia
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW17130501

California Regional Multiple Listing Service (CRMLS)

APN: 5179-005-029

California Los Angeles County Los Angeles 90063 Boyle Heights

3116 E 3rd St, Los Angeles, CA

This home is located at 3116 E 3rd St, Los Angeles, CA 90063 since 09 June 2017 and is currently estimated at $721,381, approximately $661 per square foot. This property was built in 1930. 3116 E 3rd St is a home located in Los Angeles County with nearby schools including First Street Elementary School, Robert Louis Stevenson Middle School, and Theodore Roosevelt High School.

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.

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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