NOT LISTED FOR SALE

Estimated Value: $1,056,000 - $1,329,873

8 Beds
4 Baths
4,480 Sq Ft
$265/Sq Ft Est. Value

Last Sold June 06, 2017

Last sale price $805,000 $180 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $7,478/month

68 Days on Market

Highlights

  • City Lights View
  • Laundry Room
  • Wall Furnace
  • Property is near public transit
  • Paved or Partially Paved Lot

About This Home

As of June 2017

Come check out this Great investment opportunity.This multi family 4 unit property located in a nice clean wide street with a great view of palm trees consist of 8 Bedroom and 4 bathrooms. With each unit being a 2 bedroom and 1 bathroom. The homeowner takes great pride in building maintenance interior and exterior. Total living Sqft. 4,480 Lot size is 5,622 Sqft. The property also has (2) 2 car garage. Highly desired area of Boyle Heights, centrally located to all freeways, shopping centers. Perfect opportunity to purchase in an up and coming area. 5 Minute drive to Art District, and less than 10 minutes to Staple center, and all restaurants. This is a must see in person!

Last Agent to Sell the Property

Roberto Araya

Excellence RE Real Estate, Inc. License #01965339 Listed on: 02/22/2017

Excellence RE Real Estate, Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1927

Lot Details

  • 5,623 Sq Ft Lot
  • No Common Walls
  • Paved or Partially Paved Lot
  • Density is 2-5 Units/Acre

Parking

  • 2 Car Garage

Home Design

  • Quadruplex

Interior Spaces

  • 4,480 Sq Ft Home
  • 2-Story Property
  • City Lights Views

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Washer Hookup

Additional Features

  • Exterior Lighting
  • Property is near public transit
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for all utilities
  • Tax Lot 159
  • Tax Tract Number 159
  • Assessor Parcel Number 5186013012

Community Details

Building Details

  • 3 Leased Units
  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Water Sewer Expense $1,020
  • Operating Expense $1,020
  • Gross Income $2,832
  • Net Operating Income $2,282

Additional Features

  • 4 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1927

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • View: Yes
  • Water Sewer Expenses: 1020.00
  • Zoning: LAR2
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 5186013012
  • Year Built: 1927
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: No Common Walls
  • Levels: Two
  • Price Per Square Foot: 179.69

Exterior Features

  • View: City Lights
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Common Area, Inside, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Near Public Transit, Paved, Walkstreet
  • Lot Size Sq Ft: 5623.00
  • Lot Size Acres: 0.1291

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Gross Income: 2832.00
  • Gross Scheduled Income: 2832.00
  • Lot Size Area: 5623.0000 Square Feet
  • Net Operating Income: 2282.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 4
  • Operating Expense: 550.00
  • Rent Control: Yes
  • Total Actual Rent: 2832.00
  • Total Expenses: 1020.00

Tax Info

  • Tax Census Tract: 2039.00
  • Tax Lot: 159
  • Tax Tract Number: 159

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 22, 2017
Closed on
May 26, 2017
Sold by
Juarez Judith
Bought by
Ekedahl Craig M and Haller Jamie L
Seller's Agent
Roberto Araya
Excellence RE Real Estate, Inc.
List Price
$810,000
Sold Price
$805,000
Premium/Discount to List
-$5,000
-0.62%
Current Estimated Value
$1,243,639

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$438,639
Avg. Annual Appreciation
4.65%
Original Mortgage
$603,750
Outstanding Balance
$500,292
Interest Rate
3.97%
Mortgage Type
New Conventional
Estimated Equity
$688,176

Purchase Details

Closed on
Feb 24, 2013
Sold by
Juarez Judith
Bought by
Juarez Judith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,750
Interest Rate
3.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 13, 2003
Sold by
Juarez Rudy C
Bought by
Juarez Judith

Purchase Details

Closed on
May 1, 2003
Sold by
Juarez Judith
Bought by
Juarez Rudy C and Juarez Judith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 5, 2001
Sold by
Juarez Rudy C
Bought by
Juarez Judith
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
Ekedahl Craig M $805,000 None Available
Juarez Judith -- Service Link
Juarez Judith -- --
Juarez Rudy C -- Stewart Title
Juarez Judith -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ekedahl Craig M $603,750
Previous Owner Juarez Judith $131,750
Previous Owner Juarez Rudy C $170,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/06/2017 06/06/17 Sold $805,000 +0.8% $180 / Sq Ft
05/01/2017 05/01/17 Pending -- -- --
04/12/2017 04/12/17 Price Changed $799,000 -1.4% $178 / Sq Ft
03/21/2017 03/21/17 For Sale $810,000 0.0% $181 / Sq Ft
02/24/2017 02/24/17 Pending -- -- --
02/22/2017 02/22/17 For Sale $810,000 -- $181 / 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 $11,780 $934,263 $328,443 $605,820
2024 $11,620 $915,945 $322,003 $593,942
2023 $11,402 $897,987 $315,690 $582,297
2022 $10,884 $880,380 $309,500 $570,880
2021 $10,732 $863,119 $303,432 $559,687
2020 $10,835 $854,270 $300,321 $553,949
2019 $10,418 $837,521 $294,433 $543,088
2018 $10,285 $821,100 $288,660 $532,440
2016 $1,822 $126,805 $38,224 $88,581
2015 $1,799 $124,901 $37,650 $87,251
2014 $1,831 $122,455 $36,913 $85,542
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MB17036726

California Regional Multiple Listing Service (CRMLS)

APN: 5186-013-012