$899,000
SOLD JUL 23, 2025

3317 E 8th St Los Angeles, CA 90023

5 Beds
3 Baths
2,186 Sq Ft
5,642 Sq Ft Lot

Recently Sold

$411 Per Sq Ft

21 Days on Market

Highlights

  • Engineered Wood Flooring
  • Bathtub with Shower
  • Laundry Room
  • Felicitas and Gonzalo Mendez High Rated A-
  • Tile Countertops
  • Bungalow

About This Home

As of July 2025

Don't miss this remodeled, cash-flow generating triplex located just east of Downtown Los Angeles, in the vibrant heart of Boyle Heights. The property features a spacious 3-bedroom, 1-bath single-family house in the front, which has been fully renovated. The house includes engineered hardwood floors, updated appliances, remodeled bathroom and kitchen, central air and heat, and in-unit laundry. In the back is a two-story duplex, each 1-bedroom / 1-bath units. Both units are remodeled. Tenants pay for gas and electric, as well as ratio-utility billing for shared costs such as water and sewer -- increasing net income for the owner. In the rear of the duplex is a fenced in closed patio with shared laundry for the back tenants -- a versatile layout perfect for investors or potential owner-occupants. On-site parking included for all 3 units. Pro Forma GRM is 11.32 with a cap rate of 6.6%, The rear units are NOT subject to LA City Rent Stabilization Ordinance (not under LA rent control). Current rents are at or near market levels with recent 3rd party appraisal coming in at $940k. One rear unit will be delivered vacant, ideal for an owner-user or immediate rental upside. This is a turn-key investment with strong in-place income and significant long-term upside potential in one of LA's most dynamic rental markets. With close proximity to Downtown LA, public transit, Mariachi Plaza and the 101/5/60/710 freeways, this property offers both convenience and consistent tenant demand.

Last Agent to Sell the Property

Ken Dennis

The Collective Realty License #02097826 Listed on: 04/28/2025

The Collective Realty

Last Buyer's Agent

Ivonne Navarro

Real Brokerage Technologies License #02187208

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,224

Year Built

  • Built in 1949

Lot Details

  • 5,642 Sq Ft Lot
  • South Facing Home
  • Property is zoned LARD1.5

Home Design

  • Bungalow
  • Split Level Home
  • Cosmetic Repairs Needed
  • Stucco

Interior Spaces

  • 2,186 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Tile Countertops

Flooring

  • Engineered Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Remodeled Bathroom
  • 3 Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Laundry Located Outside

Parking

  • 3 Parking Spaces
  • Private Parking

Location

  • City Lot

Utilities

  • Central Heating and Cooling System
  • Heating System Mounted To A Wall or Window
  • Central Water Heater

Community Details

  • 3 Units
  • Laundry Facilities
  • Rent Control

Listing and Financial Details

  • Assessor Parcel Number 5190-013-016

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,224

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: Bungalow
  • Levels: Multi/Split
  • Street Number Display: Yes
  • ADA Compliant: No
  • Additional Assessor Parcel Numbers: No
  • Advertising Remarks: Contact Will Tiao at 323.363.1096 for more details. Don't miss this remodeled, cash-flow generating triplex located just east of Downtown Los Angeles, in the vibrant heart of Boyle Heights. The property features a spacious 3-bedroom, 1-bath single-family house in the front, which has been fully renovated. The house includes engineered hardwood floors, updated appliances, remodeled bathroom and kitchen, central air and heat, and in-unit laundry. In the back is a two-story duplex, each 1-bedroom / 1-bath units. Both units are remodeled. Tenants pay for gas and electric, as well as ratio-utility billing for shared costs such as water and sewer -- increasing net income for the owner. In the rear of the duplex is a fenced in closed patio with shared laundry for the back tenants -- a versatile layout perfect for investors or potential owner-occupants. Private parking included for all 3 units.
  • Entry Location: Main Level
  • Living Area: 2186
  • Lot Acreage: 0.1295
  • Probate: No
  • Property Condition: Repair Cosmetic
  • Stories: 1
  • Year Built: 1949
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Engineered Hardwood, Ceramic Tile
  • Appliances: Free Standing Gas
  • Bedrooms: 5
  • Common Walls: Detached/No Common Walls
  • Bathroom Features: Remodeled, Shower Over Tub
  • Kitchen Features: Tile Counters
  • Laundry: Community, Laundry Area, Inside, Outside, Laundry Closet Stacked, In Unit
  • Laundry Equipment: Own
  • Total Bathrooms: 3.00
  • Price Per S Q F T: 411.25

Exterior Features

  • Direction Faces: South
  • Construction: Stucco
  • Other Structures: None
  • Tennis Court Y/N: No
  • Pool: No
  • Spa Yn: No
  • View: No

Garage/Parking

  • Parking Garage: Parking Space, Private
  • Total Parking: 3

Utilities

  • Water Heater: Central Water Heater
  • Cooling: Air Conditioning, Central, Ceiling Fan
  • Heating: Central, Wall
  • Water Heaters: Yes

Lot Info

  • Additions Alterations: Yes
  • Assessed Improvement Percent: 42.55
  • Assessed Improvement Value: 240359
  • Assessed Land Percent: 57.45
  • Assessed Land Value: 324487
  • Total Assessed Value: 564846
  • Assessor Parcel Number: 5190-013-016
  • Lot Location: City
  • Lot Size Area: 5642

Rental Info

  • Rent Control: Yes

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 11.30
  • Number Of Units: 3
  • Rent Control: 33
  • Total Annual Expense: 19717.01
  • Type Of Units: apartment
  • Vacancy Rate: 33%

Tax Info

  • Private Transfer Taxes: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 22, 2025
Sold by
Tiao Family Trust and Tiao William E
Bought by
Asabor Jerry Osadolor

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$882,716
Interest Rate
6.84%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 17, 2017
Sold by
Tiao William E and Tiao Diana Fang
Bought by
Tiao William E and Tiao Diana Fang

Purchase Details

Listed on
Apr 23, 2014
Closed on
May 7, 2014
Sold by
Hubbard Fernando J
Bought by
Tiao William E and Tiao Diana Fang
Seller's Agent
Eduardo Bravo
Engel & Völkers Beverly Hills
Buyer's Agent
Eduardo Bravo
Engel & Völkers Beverly Hills
List Price
$478,000
Sold Price
$470,000
Premium/Discount to List
-$8,000
-1.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.76%
Original Mortgage
$370,000
Interest Rate
4.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 17, 2013
Sold by
Hubbard Otilla
Bought by
Hubbard Fernando J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$370,000
Interest Rate
4.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 6, 2006
Sold by
Hubbard Lorena M
Bought by
Hubbard Fernando J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.2%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Apr 5, 2006
Sold by
Vargas Juan
Bought by
Hubbard Lorena M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.2%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Jun 6, 2005
Sold by
Hubbard Lorena M and Hubbard Otilia M
Bought by
Hubbard Lorena M and Hubbard Fernando J

Purchase Details

Closed on
Mar 12, 2004
Sold by
Hubbard Lorena M
Bought by
Hubbard Lorena M and Tovar Isabel

Purchase Details

Closed on
Jul 15, 2003
Sold by
Lipkus Adolfo and Lipkus Carmen
Bought by
Hubbard Lorena M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,650
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Grant Deed $899,000 Wfg National Title
Interfamily Deed Transfer -- None Available
Grant Deed $470,000 Fntic
Interfamily Deed Transfer -- Fidelity National Title
Grant Deed -- Fidelity Van Nuys
Grant Deed -- Fidelity Van Nuys
Interfamily Deed Transfer -- Fidelity Van Nuys
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Grant Deed $149,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $882,716 FHA
Previous Owner $577,500 Future Advance Clause Open End Mortgage
Previous Owner $420,000 New Conventional
Previous Owner $370,000 Purchase Money Mortgage
Previous Owner $370,000 Purchase Money Mortgage
Previous Owner $300,000 Stand Alone First
Previous Owner $126,650 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/23/2025 07/23/25 Sold $899,000 0.0% $411 / Sq Ft
05/19/2025 05/19/25 Pending -- -- --
04/28/2025 04/28/25 For Sale $899,000 +91.3% $411 / Sq Ft
06/02/2014 06/02/14 Sold $470,000 -1.7% $215 / Sq Ft
04/28/2014 04/28/14 Pending -- -- --
04/23/2014 04/23/14 For Sale $478,000 -- $219 / Sq Ft
Source: The MLS

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 $7,224 $576,142 $330,976 $245,166
2024 $7,224 $564,846 $324,487 $240,359
2023 $7,089 $553,772 $318,125 $235,647
2022 $6,768 $542,915 $311,888 $231,027
2021 $6,679 $532,271 $305,773 $226,498
2020 $6,743 $526,814 $302,638 $224,176
2019 $6,485 $516,485 $296,704 $219,781
2018 $6,361 $506,359 $290,887 $215,472
2016 $6,069 $486,699 $279,593 $207,106
2015 $5,983 $479,390 $275,394 $203,996
2014 $5,481 $425,845 $336,665 $89,180
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 25531059

The MLS

APN: 5190-013-016