3317 E 8th St Los Angeles, CA 90023
Boyle Heights NeighborhoodEstimated payment $5,610/month
Total Views
30,135
5
Beds
3
Baths
2,186
Sq Ft
$411
Price per Sq Ft
Highlights
- Very Popular Property
- Engineered Wood Flooring
- Tile Countertops
- Felicitas and Gonzalo Mendez High Rated A-
- Bathtub with Shower
- Laundry Room
About This Home
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 over list price. 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.
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
Map
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Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 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
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 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
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| 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 |
|---|---|---|---|
| Open | $577,500 | Future Advance Clause Open End Mortgage | |
| Closed | $420,000 | New Conventional | |
| Closed | $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
Similar Homes in the area
Source: The MLS
MLS Number: 25531059
APN: 5190-013-016
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© 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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