NOT LISTED FOR SALE

3227 E 8th St Los Angeles, CA 90023

Boyle Heights Neighborhood

Estimated Value: $545,000 - $642,968

4 Beds
2 Baths
1,113 Sq Ft
$537/Sq Ft Est. Value

Last Sold March 29, 2013

Last sale price $213,000 $191 Per Sq Ft

Est. 181% increase in value since last sale

Current estimated payment $3,408/month

61 Days on Market

About This Home

As of March 2013

The property is composed of two units. Each unit has 2 bedroom 1 bath. The bedrooms are large with living room and dining combined.

It has wonderful access to all community amenities.

Last Agent to Sell the Property

Antonio Sanchez

OPENING DOORS REALTY License #00649283 Listed on: 10/03/2012

Last Buyer's Agent

Erica Jones

eXp Realty of California Inc License #01870233

eXp Realty of California Inc

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1930

Lot Details

  • 4,797

Parking

  • 2 Parking Spaces

Home Design

  • 1,113 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Additional Features

  • Laundry Room
  • 4,797 Sq Ft Lot
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 24
  • Tax Tract Number 4458
  • Assessor Parcel Number 5190012025

Community Details

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $600
  • Insurance Expense $1,400
  • Trash Expense $400
  • Water Sewer Expense $1,640
  • New Taxes Expense $2,800
  • Gross Income $1,900
  • Net Operating Income $15,160

Additional Features

  • 2 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Water Sewer Expenses: 1640.00
  • Property Type: Residential Income
  • Parcel Number: 5190012025
  • Year Built: 1930
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Levels: One
  • Price Per Square Foot: 191.37

Garage/Parking

  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Common Area
  • Trash Expense: 400.00

Lot Info

  • Lot Size Sq Ft: 4797.00
  • Lot Size Acres: 0.1100

Multi Family

  • Electric Expense: 600.00
  • Gross Income: 1900.00
  • Gross Scheduled Income: 22800.00
  • Insurance Expense: 1400.00
  • Lot Size Area: 4797.0000 Square Feet
  • Net Operating Income: 15160.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 6940.00
  • Rent Control: Yes

Tax Info

  • New Taxes Expense: 2800.00
  • Tax Lot: 24
  • Tax Tract Number: 4458
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 11, 2017
Sold by
Orozco Isabel Pena
Bought by
Orozco Isabel Pena and Isabel Pena Orozco Trust 2017
Current Estimated Value
$597,742

Purchase Details

Closed on
Nov 8, 2012
Sold by
Deutsche Bank National Trust Company
Bought by
Pena Isabel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,400
Interest Rate
3.49%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 19, 2012
Sold by
Vargas Quenelmo
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Jun 1, 2006
Sold by
Lopez Karina Yasmin
Bought by
Vargas Quenelmo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,840
Interest Rate
6.55%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 17, 2006
Sold by
Gaytan Miguel and Gaytan Maria
Bought by
Vargas Quenelmo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,840
Interest Rate
6.55%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Nov 11, 2003
Sold by
Rainwater Mark and Rainwater Eva
Bought by
Gaytan Miguel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$249,300
Interest Rate
5.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 1, 2003
Sold by
Hud
Bought by
Rainwater Mark

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
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 17, 2002
Sold by
Washington Mutual Bank Fa Inc
Bought by
Hud

Purchase Details

Closed on
Jun 18, 2002
Sold by
Pelayo Rosalio
Bought by
Washington Mutual Bank Fa and Washington Mutual Home Loans Inc

Purchase Details

Closed on
May 24, 1999
Sold by
Chaidez Porfirio
Bought by
Erazo Jose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,500
Interest Rate
5.55%

Purchase Details

Closed on
Feb 3, 1999
Sold by
Samarin Vera T and Estate Of Dennis R Samarin
Bought by
Chaidez Porfirio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,650
Interest Rate
6.7%
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
Orozco Isabel Pena -- None Available
Pena Isabel $213,000 Service Link
Deutsche Bank National Trust Company $170,000 None Available
Vargas Quenelmo -- Commonwealth Land Title
Vargas Quenelmo $469,500 Commonwealth Land Title
Gaytan Miguel $277,000 Southland Title
Rainwater Mark $170,000 First Southwestern Title Co
Hud $185,288 --
Washington Mutual Bank Fa $185,288 Fidelity National Title
Erazo Jose $175,000 United Title
Chaidez Porfirio $95,000 Southland Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pena Isabel $170,400
Previous Owner Vargas Quenelmo $93,840
Previous Owner Vargas Quenelmo $375,360
Previous Owner Gaytan Miguel $249,300
Previous Owner Rainwater Mark $144,500
Previous Owner Erazo Jose $142,500
Previous Owner Chaidez Porfirio $91,650
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/29/2013 03/29/13 Sold $213,000 -0.9% $191 / Sq Ft
12/03/2012 12/03/12 Pending -- -- --
10/03/2012 10/03/12 For Sale $215,000 -- $193 / 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 $3,313 $262,283 $176,090 $86,193
2024 $3,313 $257,141 $172,638 $84,503
2023 $3,252 $252,100 $169,253 $82,847
2022 $3,106 $247,158 $165,935 $81,223
2021 $3,064 $242,313 $162,682 $79,631
2019 $2,975 $235,127 $157,857 $77,270
2018 $2,862 $230,517 $154,762 $75,755
2016 $2,726 $221,567 $148,753 $72,814
2015 $2,687 $218,240 $146,519 $71,721
2014 $2,706 $213,966 $143,649 $70,317
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2013

    Antonio Sanchez

    OPENING DOORS REALTY

    Section Image
  • Erica Jones

    Buyer's Agent in 2013

    Erica Jones

    eXp Realty of California Inc

    (310) 402-9411

    13 Total Sales

    Erica Jones
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: M12123941

California Regional Multiple Listing Service (CRMLS)

APN: 5190-012-025

California Los Angeles County Los Angeles 90023 Boyle Heights

3227 E 8th St, Los Angeles, CA

Not Listed for Sale

MultiFamily

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