NOT LISTED FOR SALE

Estimated Value: $704,094

8 Beds
3 Baths
3,028 Sq Ft
$233/Sq Ft Est. Value

Sale Details

Date Sold: July 19, 2024

Last sale price $720,000 $238 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $4,639 / mo

110 Days on Market

About This Home

As of July 2024

Great Investment opportunity in Boyle Heights, Los Angeles, 3 Units plus and mini store, mix use and residential zoning, 2 separate houses, 0ne is 3 bedrooms and 1 bath, the other 2 bedrooms, 1 bath, behind the store a nice 2 bedrooms unit, 1 bath and an small store commercial with bathroom, great location, great investment in Los Angeles, new price, best price in Boyle Heights, back on the market

Last Agent to Sell the Property

Michael Ojeda

Century 21 Masters Brokerage Phone: 909-973-5687 License #01107704 Listed on: 03/13/2024

Century 21 Masters

Last Buyer's Agent

Jose Juarez

Pillar Realty License #02116090

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1924

Lot Details

  • 6,239 Sq Ft Lot
  • 1 Common Wall
  • Corner Lot

Home Design

  • Property Attached
  • Entry on the 1st floor

Interior Spaces

  • 8 Bedrooms
  • 3,028 Sq Ft Home
  • 1-Story Property
  • Laundry in unit

Location

  • Urban Location

Listing and Financial Details

  • Legal Lot and Block 1 / C
  • Assessor Parcel Number 5186004001
  • $553 per year additional tax assessments

Community Details

Overview

  • 3 Buildings
  • 4 Units

Amenities

  • Laundry Facilities

Building Details

  • Rent Control
  • 4 Separate Electric Meters
  • 3 Separate Gas Meters
  • 3 Separate Water Meters
  • Insurance Expense $3,715
  • Water Sewer Expense $125
  • Operating Expense $5,215
  • Gross Income $54,000
  • Net Operating Income $4,564

Property Details

Home Type

Multi-Family

Year Built

Built in 1924

Lot Details

6,239 Sq Ft Lot

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 125.00
  • Zoning: LAR2
  • Property Sub Type: Commercial/Residential
  • Property Type: Residential Income
  • Parcel Number: 5186004001
  • Year Built: 1924
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: 1 Common Wall
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 237.78

Exterior Features

  • Pool Private: No

Utilities

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

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 6239.00
  • Lot Size Acres: 0.1432
  • Latitude Manual: 34.03320900

Multi Family

  • Gross Income: 54000.00
  • Gross Scheduled Income: 4689.00
  • Insurance Expense: 3715.00
  • Lot Size Area: 6239.0000 Square Feet
  • Net Operating Income: 4564.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 3
  • Number Of Units Total: 4
  • Operating Expense: 125.00
  • Rent Control: Yes
  • Total Expenses: 5215.00

Tax Info

  • Tax Block: C
  • Tax Census Tract: 2041.20
  • Tax Lot: 1
  • Tax Tract Number: BK2...
  • TaxOtherAnnualAssessmentAmount: 553.00

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
Mar 13, 2024
Closed on
Jul 11, 2024
Sold by
Bought by
Seller's Agent
Michael Ojeda
Century 21 Masters
Buyer's Agent
Jose Juarez
Pillar Realty
List Price
$780,000
Sold Price
$720,000
Premium/Discount to List
-$60,000
-7.69%
Views
40
Current Estimated Value
$704,094

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$15,906
Avg. Annual Appreciation
-1.09%
Original Mortgage
$80,000
Outstanding Balance
$78,348
Interest Rate
6.86%
Mortgage Type
New Conventional
Estimated Equity
$625,746

Purchase Details

Closed on
May 27, 2003
Sold by
Bought by

Purchase Details

Closed on
Feb 20, 1998
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Boyle Heights, CA

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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
$720,000 Orange Coast Title
-- --
$165,000 Southland Title Corporation
Source: Public Records

Mortgage 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 Status Borrower Loan Amount
Open $80,000
Open $144,000
Open $504,000
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
07/19/2024 07/19/24 Sold $720,000 0.0% $238 / Sq Ft
07/01/2024 07/01/24 Pending -- -- --
06/28/2024 06/28/24 Off Market $720,000 -- --
05/28/2024 05/28/24 Price Changed $780,000 +6.8% $258 / Sq Ft
05/02/2024 05/02/24 Price Changed $730,000 -6.4% $241 / Sq Ft
03/13/2024 03/13/24 For Sale $780,000 -- $258 / 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 $9,149 $720,000 $470,000 $250,000
2024 $3,652 $258,274 $176,881 $81,393
2023 $3,590 $253,211 $173,413 $79,798
2022 $3,439 $248,247 $170,013 $78,234
2021 $3,383 $243,380 $166,680 $76,700
2020 $3,409 $240,885 $164,971 $75,914
2019 $3,291 $236,163 $161,737 $74,426
2018 $3,154 $231,533 $158,566 $72,967
2016 $2,988 $222,544 $152,409 $70,135
2015 $2,949 $219,202 $150,120 $69,082
2014 $2,967 $214,909 $147,180 $67,729
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: TR24050088

California Regional Multiple Listing Service (CRMLS)

APN: 5186-004-001

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