NOT LISTED FOR SALE

Estimated Value: $620,000 - $732,633

4 Beds
3 Baths
1,362 Sq Ft
$488/Sq Ft Est. Value

Last Sold October 12, 2022

Last sale price $550,000 $404 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $4,047/month

11 Days on Market

About This Home

As of October 2022

Prime investment opportunity in vibrant Boyle Heights! Centrally located within minutes of downtown LA, the Arts District, LAC + USC Medical Center and the Keck School of Medicine, this 1914 duplex has been well maintained. The property consists of a front 3 bedroom, 2 bath unit, and an attached 1 bedroom, 1 bath unit at the back. Both feature updated cabinets & granite counters in the kitchens, and outdoor patio spaces. Parking is abundant from both the front and rear of the property, plus storage in the one car detached garage. Recent property updates include new hot water heaters and replacement of the sewer line. A great opportunity to invest in an up-and-coming neighborhood with incredible upside potential!

Last Agent to Sell the Property

Alyssa Valentine

Compass License #01517618 Listed on: 08/26/2022

Compass

Co-Listed By

Kurt Wisner

Compass License #01431217

Last Buyer's Agent

HLA HLA MA

COLDWELL BANKER DYNASTY/TC License #01498360

COLDWELL BANKER DYNASTY/TC

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1914

Lot Details

  • 4,800 Sq Ft Lot

Home Design

  • Bungalow

Interior Spaces

  • 1,362 Sq Ft Home
  • 1-Story Property
  • Oven or Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Parking

  • 5 Parking Spaces
  • Driveway

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window

Listing and Financial Details

  • Assessor Parcel Number 5179-009-010

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • Rent Control

Property Details

Home Type

Multi-Family

Year Built

Built in 1914

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: California Bungalow
  • Street Number Display: Yes
  • Advertising Remarks: Prime investment opportunity in vibrant Boyle Heights! Centrally located within minutes of downtown LA, the Arts District, LAC + USC Medical Center and the Keck School of Medicine, this 1914 duplex has been well maintained. The property consists of a front 3 bedroom, 2 bath unit, and an attached 1 bedroom, 1 bath unit at the back. Both feature updated cabinets and granite counters in the kitchens, and outdoor patio spaces. Parking is abundant from both the front and rear of the property, plus storage in the one car detached garage. Recent property updates include new hot water heaters and replacement of the sewer line. A great opportunity to invest in an up-and-coming neighborhood with incredible upside potential!
  • Alley: Yes
  • Living Area: 1362
  • Lot Acreage: 0.1102
  • Stories: 1
  • Year Built: 1914
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Mixed
  • Bedrooms: 4
  • Common Walls: Attached
  • Total Bathrooms: 3.00
  • Equipment: Range/Oven, Refrigerator
  • Price Per S Q F T: 432.45

Exterior Features

  • Other Structures: None
  • View: No

Garage/Parking

  • Parking Garage: Driveway
  • Total Parking: 5

Utilities

  • Cooling: Wall/Window
  • Heating: Wall

Lot Info

  • Assessed Improvement Percent: 28.99
  • Assessed Improvement Value: 111030
  • Assessed Land Percent: 71.01
  • Assessed Land Value: 272027
  • Total Assessed Value: 383057
  • Assessor Parcel Number: 5179-009-010
  • Lot Size Area: 4800

Rental Info

  • Rent Control: Yes

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 23.00
  • Number Of Units: 2
  • Rent Control: 100
  • Type Of Units: Attached

MLS Schools

  • School District: Los Angeles Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 26, 2022
Closed on
Sep 28, 2022
Sold by
Rothschild Family Revocable Trust
Bought by
Wong Lincoln W and Winqiu Tin
Seller's Agent
Alyssa Valentine
Compass
Buyer's Agent
HLA HLA MA
COLDWELL BANKER DYNASTY/TC
List Price
$589,000
Sold Price
$550,000
Premium/Discount to List
-$39,000
-6.62%
Views
121
Current Estimated Value
$665,158

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$115,158
Avg. Annual Appreciation
5.95%
Original Mortgage
$210,000
Outstanding Balance
$201,535
Interest Rate
5.66%
Mortgage Type
New Conventional
Estimated Equity
$463,623

Purchase Details

Closed on
Nov 28, 2020
Sold by
Rothschild Luke Adams and Rothschild Holly
Bought by
Rothschild Luke Adams and Rothschild Holly

Purchase Details

Closed on
Apr 26, 2018
Sold by
Rothschild Luke
Bought by
Rothschild Luke and Rothschild Holly

Purchase Details

Listed on
Dec 11, 2014
Closed on
Jan 6, 2015
Sold by
Sainz Cornelio
Bought by
Rothschild Luke and Rothschild Holly
Seller's Agent
Armando Gonzalez
Century 21 Allstars
Buyer's Agent
Amanda Collins
Amanda Collins Real Estate
List Price
$359,000
Sold Price
$345,000
Premium/Discount to List
-$14,000
-3.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.16%
Original Mortgage
$258,750
Interest Rate
3.76%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 22, 2012
Closed on
Jun 5, 2013
Sold by
Chavez Lourdes
Bought by
Sainz Cornelio and Sainz Hiliana
Seller's Agent
Armando Gonzalez
Century 21 Allstars
Buyer's Agent
Richard Estrada
Century 21 Allstars
List Price
$180,000
Sold Price
$180,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
51.75%
Original Mortgage
$135,000
Interest Rate
3.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 3, 2002
Sold by
Chavez Lourdes
Bought by
Chavez Lourdes

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,400
Interest Rate
6.5%

Purchase Details

Closed on
Oct 29, 1996
Sold by
Chavez Arturo
Bought by
Chavez Lourdes
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
Wong Lincoln W $550,000 Lawyers Title
Rothschild Luke Adams -- Usa National Title Company
Rothschild Luke -- None Available
Rothschild Luke $345,000 Old Republic Title Company
Sainz Cornelio $180,000 Old Republic Title Company
Chavez Lourdes -- Bridgespan Title Company
Chavez Lourdes -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wong Lincoln W $210,000
Previous Owner Rothschild Luke $258,750
Previous Owner Sainz Cornelio $135,000
Previous Owner Chavez Lourdes $174,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/12/2022 10/12/22 Sold $550,000 -6.6% $404 / Sq Ft
09/06/2022 09/06/22 Pending -- -- --
08/26/2022 08/26/22 For Sale $589,000 +70.7% $432 / Sq Ft
02/06/2015 02/06/15 Sold $345,000 -3.9% $253 / Sq Ft View Prior Sale
01/02/2015 01/02/15 Pending -- -- --
10/26/2014 10/26/14 For Sale $359,000 +99.4% $264 / Sq Ft
07/16/2013 07/16/13 Sold $180,000 0.0% $132 / Sq Ft View Prior Sale
10/26/2012 10/26/12 Pending -- -- --
10/22/2012 10/22/12 For Sale $180,000 -- $132 / Sq Ft
Source: The MLS

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 $7,028 $572,220 $390,150 $182,070
2024 $7,028 $561,000 $382,500 $178,500
2023 $6,894 $550,000 $375,000 $175,000
2022 $4,846 $390,717 $277,467 $113,250
2021 $4,783 $383,057 $272,027 $111,030
2020 $4,829 $379,130 $269,238 $109,892
2019 $4,643 $371,697 $263,959 $107,738
2018 $4,562 $364,410 $258,784 $105,626
2016 $4,354 $350,261 $248,736 $101,525
2015 $2,368 $183,596 $142,797 $40,799
2014 $2,388 $180,000 $140,000 $40,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 22-192167

The MLS

APN: 5179-009-010