K
Seller's Agent in 2025
Ken Dennis
The Collective Realty
(310) 279-7592
3 in this area
16 Total Sales
Estimated Value: $835,000 - $899,000
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
The Collective Realty License #02097826 Listed on: 04/28/2025
Last Buyer's Agent
Ivonne Navarro
Real Brokerage Technologies License #02187208
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Asabor Jerry Osadolor | $899,000 | Wfg National Title | |
| Tiao William E | -- | None Available | |
| Tiao William E | $470,000 | Fntic | |
| Hubbard Fernando J | -- | Fidelity National Title | |
| Hubbard Fernando J | -- | Fidelity Van Nuys | |
| Hubbard Fernando J | -- | Fidelity Van Nuys | |
| Hubbard Lorena M | -- | Fidelity Van Nuys | |
| Hubbard Lorena M | -- | -- | |
| Hubbard Lorena M | -- | -- | |
| Hubbard Lorena M | $149,000 | First American Title Co |
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Asabor Jerry Osadolor | $882,716 | |
| Previous Owner | Tiao William E | $370,000 | |
| Previous Owner | Hubbard Fernando J | $370,000 | |
| Previous Owner | Hubbard Fernando J | $300,000 | |
| Previous Owner | Hubbard Lorena M | $126,650 |
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 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 | View Prior Sale |
| 04/28/2014 04/28/14 | Pending | -- | -- | -- | |
| 04/23/2014 04/23/14 | For Sale | $478,000 | -- | $219 / Sq Ft |
| 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 |
K
Seller's Agent in 2025
Ken Dennis
The Collective Realty
(310) 279-7592
3 in this area
16 Total Sales
I
Buyer's Agent in 2025
Ivonne Navarro
Real Brokerage Technologies
Buyer Co-Listing Agent in 2025
Tom Hernandez
Real Brokerage Technologies, Inc.
(818) 432-2665
1 in this area
59 Total Sales
Seller's Agent in 2014
Eduardo Bravo
Engel & Völkers Beverly Hills
(310) 780-9319
3 Total Sales
Source: The MLS
MLS Number: 25531059
APN: 5190-013-016