NOT LISTED FOR SALE

Estimated Value: $607,000 - $834,699

5 Beds
16 Baths
1,824 Sq Ft
$371/Sq Ft Est. Value

Last Sold October 14, 2024

Last sale price $599,000 $328 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $4,059/month

4 Days on Market

Highlights

  • Traditional Architecture
  • Fenced
  • Wall Furnace
  • Laundry Room
  • Carpet

About This Home

As of October 2024

Welcome to an exceptional investment opportunity in the vibrant community of Boyle Heights! This two-unit property boasts the perfect blend of comfort, convenience, and potential for savvy investors. Nestled within this sought-after neighborhood, the front house presents a welcoming porch and generous living spaces. With three bedrooms and one bath, it provides ample room for residents to spread out and relax. Entertain effortlessly in the spacious living room and dining area, while the convenient laundry area adds practicality to everyday living. The back unit offers a unique layout spread across two stories. Featuring two bedrooms and 1.5 baths, this unit provides comfort and privacy. The attached one-car garage with laundry hookups ensures convenience, while a separate yard off the kitchen area offers a tranquil retreat. Practicality meets versatility with a long driveway providing tandem parking, catering to the needs of multiple tenants. Currently occupied by long-term tenants, each paying $870 per month for a combined monthly income of $1,740. This property presents significant upside for value enhancement. Whether through minor updates or strategic renovations, there's ample opportunity to maximize returns and elevate its appeal. Seize the opportunity to diversify your investment portfolio and secure a foothold in this dynamic market. With its prime location, untapped potential, this property is primed to become a cornerstone of your investment strategy. Don't miss out on the chance to own a piece of Boyle Heights real estate!

Last Agent to Sell the Property

Hilda Hernandez

Berkshire Hathaway Home Servic Brokerage Phone: (626) 536-1485 License #01218052 Listed on: 05/01/2024

Berkshire Hathaway Home Servic

Co-Listed By

Devon Beck

Berkshire Hathaway Home Servic Brokerage Phone: (626) 536-1485 License #01703996

Last Buyer's Agent

Hilda Hernandez

Berkshire Hathaway Home Servic Brokerage Phone: (626) 536-1485 License #01218052 Listed on: 05/01/2024

Berkshire Hathaway Home Servic

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1966

Lot Details

  • 5,201 Sq Ft Lot
  • No Common Walls
  • Fenced
  • No Sprinklers

Parking

  • 1 Car Garage
  • Parking Available
  • Single Garage Door
  • Driveway

Home Design

  • Duplex
  • Traditional Architecture
  • Raised Foundation
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1,824 Sq Ft Home
  • 2-Story Property

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 16 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Utilities

  • Wall Furnace
  • Septic Type Unknown

Listing and Financial Details

  • Tax Lot 78
  • Tax Tract Number 203
  • Assessor Parcel Number 5178005009

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $20,880

Property Details

Home Type

Multi-Family

Year Built

Built in 1966

Lot Details

5,201 Sq Ft Lot

Parking

1

Listing Details

  • Assessments: No
  • Property Attached: No
  • Subdivision Name Other: Not Applicable
  • View: No
  • Architectural Style: Traditional
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 5178005009
  • Year Built: 1966
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet, Laminate
  • Appliances: No
  • Levels: One, Two
  • Price Per Square Foot: 328.40

Exterior Features

  • Foundation: Slab, Raised
  • Fence: Yes
  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Garage - Single Door, Driveway
  • Total Parking Spaces: 3.00

Utilities

  • Sprinklers: No
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: In Garage, Individual Room
  • Sewer: Unknown
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Land Lease: No
  • Lot Features: Sprinklers None
  • Lot Size Sq Ft: 5201.00
  • Lot Size Acres: 0.1194

Multi Family

  • Gross Income: 20880.00
  • Gross Scheduled Income: 20880.00
  • Lot Size Area: 5201.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: Yes

Tax Info

  • Tax Lot: 78
  • Tax Tract Number: 203...

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2024
Closed on
Oct 6, 2024
Sold by
Avila Derodriguez Margarita
Bought by
Rodriguez Jose
Seller's Agent
Hilda Hernandez
Berkshire Hathaway Home Servic
Buyer's Agent
Hilda Hernandez
Berkshire Hathaway Home Servic
List Price
$599,000
Sold Price
$599,000
Views
26
Current Estimated Value
$676,425

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,425
Avg. Annual Appreciation
8.81%
Original Mortgage
$569,050
Outstanding Balance
$562,506
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$113,919

Purchase Details

Listed on
May 1, 2024
Closed on
Sep 18, 2024
Sold by
Taylor Matthew L
Bought by
Rodriguez Miriam and Rodriguez Jose
Seller's Agent
Hilda Hernandez
Berkshire Hathaway Home Servic
Buyer's Agent
Hilda Hernandez
Berkshire Hathaway Home Servic
List Price
$599,000
Sold Price
$599,000
Views
26

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$569,050
Outstanding Balance
$562,506
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$113,919

Purchase Details

Closed on
Nov 19, 2018
Sold by
Revocabl Almendariz Sofia Lopez and Revocabl Sofia Lopez Almendriz
Bought by
Sandoval Carlos and Sandoval Gil L

Purchase Details

Closed on
May 31, 2016
Sold by
Almendariz Sofia Lopez
Bought by
Revocabl Almendariz Sofia Lopez and Revocabl Sofia Lopez Almendriz

Purchase Details

Closed on
May 17, 2016
Sold by
Lopez Ernesto Alonso
Bought by
Almendariz Sofia Lopez

Purchase Details

Closed on
Oct 20, 2009
Sold by
Sandoval Miguel L
Bought by
Sandoval Carlos and Sandoval Gil L

Purchase Details

Closed on
Jun 30, 2003
Sold by
Sandoval Miguel L
Bought by
Sandoval Miguel L and Lopez Gabriel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$219,200
Interest Rate
5.53%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 5, 2003
Sold by
Sandoval Miguel L and Lopez Gabriel
Bought by
Sandoval Miguel L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$219,200
Interest Rate
5.53%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 18, 2003
Sold by
Sandoval Miguel L
Bought by
Lopez Gabriel

Purchase Details

Closed on
Mar 18, 2002
Sold by
Sandoval Miguel L and Lopez Gabriel
Bought by
Sandoval Miguel L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,250
Interest Rate
7.99%

Purchase Details

Closed on
Oct 21, 1998
Sold by
Lopez Susana
Bought by
Lopez Gabriel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,500
Interest Rate
6.6%

Purchase Details

Closed on
Jul 24, 1996
Sold by
Clarke Ronald M and Clarke Trust
Bought by
Clarke Ronald M and Clarke Roger M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Rodriguez Jose -- First American Title Insurance
Rodriguez Miriam $599,000 First American Title
Sandoval Carlos -- None Available
Revocabl Almendariz Sofia Lopez -- None Available
Almendariz Sofia Lopez -- None Available
Almendariz Sofia Lopez -- None Available
Sandoval Carlos -- None Available
Sandoval Miguel L -- --
Sandoval Miguel L -- Old Republic Title Company
Lopez Gabriel -- Old Republic Title
Sandoval Miguel L -- --
Lopez Gabriel -- --
Sandoval Miguel L -- Fidelity National Title
Lopez Gabriel -- Fidelity National Title
Clarke Ronald M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rodriguez Miriam $569,050
Previous Owner Sandoval Miguel L $219,200
Previous Owner Sandoval Miguel L $131,250
Previous Owner Lopez Gabriel $144,500
Closed Sandoval Miguel L $32,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/14/2024 10/14/24 Sold $599,000 0.0% $328 / Sq Ft
05/04/2024 05/04/24 Pending -- -- --
04/30/2024 04/30/24 For Sale $599,000 -- $328 / Sq Ft
Source: Pasadena-Foothills Association of REALTORS®

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 $6,012 $599,000 $271,000 $328,000
2024 $6,012 $472,128 $280,746 $191,382
2023 $5,900 $462,872 $275,242 $187,630
2022 $5,631 $453,797 $269,846 $183,951
2021 $5,557 $444,900 $264,555 $180,345
2020 $5,609 $440,339 $261,843 $178,496
2019 $5,394 $431,706 $256,709 $174,997
2018 $3,938 $309,703 $153,288 $156,415
2016 $3,750 $297,680 $147,337 $150,343
2015 $3,697 $293,209 $145,124 $148,085
2014 $3,721 $287,467 $142,282 $145,185
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P1-17454

Pasadena-Foothills Association of REALTORS®

APN: 5178-005-009

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