NOT LISTED FOR SALE

3430 E 2nd St Los Angeles, CA 90063

Estimated Value: $547,000 - $688,000

2 Beds
2 Baths
936 Sq Ft
$664/Sq Ft Est. Value

Last Sold February 26, 2021

Last sale price $495,000 $529 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $3,905/month

29 Days on Market

Highlights

  • Laundry Room
  • Felicitas and Gonzalo Mendez High Rated A-
  • 5-minute walk to Indiana

About This Home

As of February 2021

Duplex!! Duplex!! Duplex!! Great investment opportunity in historic Boyle Heights community! This duplex is perfect for a family looking to begin their real estate portfolio or expand it. Each unit is in great conditions. Great location close to Downtown LA, El Mercadito, 2 blocks away from the Metro Gold Line, a community running track field, and many more locations of interest.

Last Agent to Sell the Property

Denis Quinonez

Century 21 Real Estate Alliance License #01969172 Listed on: 11/14/2020

Century 21 Real Estate Alliance

Last Buyer's Agent

Marc Orillo

West Coast Realty Group License #01348842

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,555

Year Built

  • Built in 1926

Lot Details

  • 3,896 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage

Home Design

  • 936 Sq Ft Home

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Washer

Location

  • Urban Location

Listing and Financial Details

  • Tenant pays for all utilities
  • Legal Lot and Block 7 / F
  • Tax Tract Number 1
  • Assessor Parcel Number 5179013050

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $600
  • Operating Expense $600
  • Gross Income $32,100
  • Net Operating Income $31,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,555

Year Built

Built in 1926

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Other Phone Description: 323-252-0216
  • Property Attached: No
  • Zoning: LAR2
  • Property Type: Residential Income
  • Parcel Number: 5179013050
  • Year Built: 1926
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 528.85

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Washer Hookup, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 3896.00
  • Lot Size Acres: 0.0894

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Gross Income: 32100.00
  • Gross Scheduled Income: 32100.00
  • Insurance Expense: 600.00
  • Lot Size Area: 3896.0000 Square Feet
  • Net Operating Income: 31500.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 600.00
  • Rent Control: Yes
  • Total Expenses: 600.00

Tax Info

  • Tax Block: F
  • Tax Census Tract: 2039.00
  • Tax Lot: 7
  • Tax Tract Number: 1/2 L

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 22, 2020
Sold by
Rivera Cindy Joanna
Bought by
Marquez Don and Devicente Mary Grace
Current Estimated Value
$621,310

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$486,034
Interest Rate
2.65%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 23, 2017
Sold by
Rivera Cindy Joanna
Bought by
Rivera Cindy Joanna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 27, 2008
Sold by
Espana Isidro
Bought by
Rivera Cindy Joanna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$293,730
Interest Rate
5.72%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 30, 2002
Sold by
Adame Sandra J
Bought by
Adame Rocque

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,752
Interest Rate
6.74%

Purchase Details

Closed on
May 14, 2002
Sold by
Adame Rocque
Bought by
Espana Isidro and Espana Gloria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,752
Interest Rate
6.74%

Purchase Details

Closed on
Sep 3, 1993
Sold by
Adame Rocque
Bought by
Adame Rocque
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Marquez Don $495,000 Monarch Title Company
Rivera Cindy Joanna -- Old Republic Title Company
Rivera Cindy Joanna -- Old Republic Title Company
Rivera Cindy Joanna $308,000 Investors Title Company
Adame Rocque -- American Title
Espana Isidro $162,000 American Title
Adame Rocque -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Marquez Don $486,034
Previous Owner Rivera Cindy Joanna $252,000
Previous Owner Rivera Cindy Joanna $293,730
Previous Owner Espana Isidro $75,000
Previous Owner Espana Isidro $196,000
Previous Owner Espana Isidro $163,000
Previous Owner Espana Isidro $156,752
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/26/2021 02/26/21 Sold $495,000 0.0% $529 / Sq Ft
02/04/2021 02/04/21 Off Market $495,000 -- --
02/04/2021 02/04/21 For Sale $490,000 -1.0% $524 / Sq Ft
01/04/2021 01/04/21 Off Market $495,000 -- --
11/14/2020 11/14/20 For Sale $490,000 -- $524 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $6,555 $535,801 $394,004 $141,797
2024 $6,555 $525,296 $386,279 $139,017
2023 $6,430 $514,997 $378,705 $136,292
2022 $6,132 $504,900 $371,280 $133,620
2021 $4,260 $349,000 $269,700 $79,300
2020 $4,342 $349,000 $269,700 $79,300
2019 $4,007 $328,000 $253,500 $74,500
2018 $4,011 $328,000 $253,500 $74,500
2016 $3,527 $290,000 $224,100 $65,900
2015 $3,253 $260,000 $200,900 $59,100
2014 $3,337 $260,000 $200,900 $59,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR20239514

California Regional Multiple Listing Service (CRMLS)

APN: 5179-013-050