NOT LISTED FOR SALE

3121 E Cesar e Chavez Ave Los Angeles, CA 90063

Boyle Heights Neighborhood

Estimated Value: $602,000 - $743,000

6 Beds
3 Baths
1,872 Sq Ft
$363/Sq Ft Est. Value

Sale Details

Date Sold: March 27, 2024

Last sale price $650,000 $347 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $4,376 / mo

35 Days on Market

Highlights

  • 0.23 Acre Lot
  • Wall Furnace
  • 1-Story Property

About This Home

As of March 2024

Property in need of remodeling. Property to be delivered occupied. Great Investor opportunity with huge lot in neighborhood with the ability and space to build more. Also great lot for redevelopment.

Last Agent to Sell the Property

Edward Leiva

Leiva Group Real Estate Brokerage Phone: 310-956-5212 License #01923749 Listed on: 02/06/2024

Last Buyer's Agent

HUI WANG

IRN REALTY License #02001557

IRN REALTY

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1918

Lot Details

  • 9,880 Sq Ft Lot
  • No Common Walls

Parking

  • 3 Car Garage

Home Design

  • Triplex
  • Entry on the 1st floor

Interior Spaces

  • 1,872 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Utilities

  • Wall Furnace

Listing and Financial Details

  • Tenant pays for all utilities
  • Legal Lot and Block 11 / 1
  • Assessor Parcel Number 5178022046
  • $575 per year additional tax assessments

Community Details

Overview

  • 3 Buildings
  • 3 Units

Building Details

  • 3 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 3 Separate Water Meters
  • Insurance Expense $1,100
  • Operating Expense $1,100
  • Gross Income $3,581
  • Net Operating Income $3,081

Property Details

Home Type

Multi-Family

Year Built

Built in 1918

Lot Details

9,880 Sq Ft Lot

Parking

3

Listing Details

  • Property Attached: No
  • Zoning: LARD1.5
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 5178022046
  • Year Built: 1918
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 347.22

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: No
  • Heating Type: Wall Furnace
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 6500-9999
  • Lot Size Sq Ft: 9880.00
  • Lot Size Acres: 0.2268

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Gross Income: 3581.12
  • Gross Scheduled Income: 3581.00
  • Insurance Expense: 1100.00
  • Lot Size Area: 9880.0000 Square Feet
  • Net Operating Income: 3081.12
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 3
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Operating Expense: 500.00
  • Rent Control: No
  • Total Actual Rent: 3581.12
  • Total Expenses: 1100.00

Tax Info

  • Tax Block: 1
  • Tax Census Tract: 2038.00
  • Tax Lot: 11
  • TaxOtherAnnualAssessmentAmount: 575.00

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 6, 2024
Closed on
Mar 14, 2024
Sold by
Bought by
Seller's Agent
Edward Leiva
Leiva Group Real Estate
Buyer's Agent
HUI WANG
IRN REALTY
List Price
$650,000
Sold Price
$650,000
Views
54
Current Estimated Value
$679,517

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,517
Avg. Annual Appreciation
2.00%

Purchase Details

Listed on
Feb 6, 2024
Closed on
Mar 11, 2024
Sold by
Bought by
Seller's Agent
Edward Leiva
Leiva Group Real Estate
Buyer's Agent
HUI WANG
IRN REALTY
List Price
$650,000
Sold Price
$650,000
Views
54
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Lawyers Title
$650,000 Lawyers Title Insurance Compan
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
03/27/2024 03/27/24 Sold $650,000 0.0% $347 / Sq Ft
03/12/2024 03/12/24 Pending -- -- --
02/06/2024 02/06/24 For Sale $650,000 -- $347 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $8,474 $663,000 $464,100 $198,900
2024 $6,288 $476,213 $339,957 $136,256
2023 $6,175 $466,877 $333,292 $133,585
2022 $5,904 $457,723 $326,757 $130,966
2021 $3,029 $210,576 $140,720 $69,856
2020 $3,053 $208,418 $139,278 $69,140
2019 $2,951 $204,333 $136,548 $67,785
2018 $2,774 $200,327 $133,871 $66,456
2016 $2,642 $192,550 $128,674 $63,876
2015 $2,607 $189,659 $126,742 $62,917
2014 $2,638 $185,945 $124,260 $61,685
Source: Public Records

Agents Affiliated with this Home

  • Edward Leiva

    Seller's Agent in 2024

    Edward Leiva

    Leiva Group Real Estate

    (310) 218-0081

    1 in this area

    13 Total Sales

    Edward Leiva
    Section Image
  • HUI WANG

    Buyer's Agent in 2024

    HUI WANG

    IRN REALTY

    (626) 695-6926

    1 in this area

    47 Total Sales

    HUI WANG
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW24024654

California Regional Multiple Listing Service (CRMLS)

APN: 5178-022-046

California Los Angeles County Los Angeles 90063 Boyle Heights

3121 E Cesar e Chavez Ave, 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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