NOT LISTED FOR SALE

Estimated Value: $647,800 - $774,000

3 Beds
2 Baths
1,200 Sq Ft
$576/Sq Ft Est. Value

Last Sold July 13, 2016

Last sale price $430,000 $358 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $3,658/month

9 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Lawn
  • Laundry Room
  • Wood Flooring
  • No HOA
  • Central Heating

About This Home

As of July 2016

Nicely remodeled duplex in Boyle Heights. Ideal for a home buyer who wants a seperate guest house/rental income, or mother-in-law suite, or investor looking for great rental property. The main house is 2 bedroom/1 bath (825 sq ft), and the seperate detached unit in the back of the lot is 1 bedroom/1bath with its own kitchenette (375 sq ft). Each unit has its own seperate electric, gas and water meter. New copper plumbing in kitchen and bathrooms. Act quickly, since this one won't last! All information is deemed reliable, but not guaranteed. Buyer is advised to conduct their own due diligence with appropriate professionals, and verify all aspects including square footage, zoning, permits.

Last Agent to Sell the Property

Vinil Ramchandran

Dream Home Estates, Inc. License #01991916 Listed on: 04/25/2016

Last Buyer's Agent

George Santamaria

G.O.S. & Associates Inc. License #01770087

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1923 | Remodeled

Lot Details

  • 5,622 Sq Ft Lot
  • No Common Walls
  • Lawn
  • Back Yard

Home Design

  • Raised Foundation
  • Asphalt Roof

Interior Spaces

  • 1,200 Sq Ft Home
  • Wood Flooring
  • Gas Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Bedrooms Down
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Parking

  • 3 Open Parking Spaces
  • 3 Parking Spaces
  • Parking Available
  • Driveway

Additional Features

  • Exterior Lighting
  • Urban Location
  • Central Heating

Listing and Financial Details

  • Tax Lot 197
  • Tax Tract Number 2039
  • Assessor Parcel Number 5186013026

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $800
  • Maintenance Expense $1,000
  • New Taxes Expense $5,500
  • Operating Expense $7,300
  • Gross Income $2,900
  • Net Operating Income $27,500

Property Details

Home Type

Multi-Family

Year Built

Built in 1923 | Remodeled

Lot Details

0

Listing Details

  • CapRate: 6.25
  • Property Attached: No
  • Property Condition: Updated/Remodeled
  • Property Type: Residential Income
  • Parcel Number: 5186013026
  • Year Built: 1923
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 358.33
  • Room Type: All Bedrooms Down

Exterior Features

  • Foundation: Raised
  • Pool Private: No
  • Roof: Asphalt

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway
  • Total Parking Spaces: 3.00
  • Uncovered Spaces: 3.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Range
  • Heating Type: Central
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Lawn, Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 5622.00
  • Price Per Lot Square Foot: 76.49
  • Lot Size Acres: 0.1290

Multi Family

  • Average1 Bed Area: 375
  • Average2 Bed Area: 825
  • Gross Income: 2900.00
  • Gross Multiplier: 12.64
  • Gross Scheduled Income: 34800.00
  • Insurance Expense: 800.00
  • Lot Size Area: 5622.0000 Square Feet
  • Maintenance Expense: 1000.00
  • Net Operating Income: 27500.00
  • 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: 7300.00
  • Rent Control: Yes
  • Total Expenses: 7300.00

Tax Info

  • New Taxes Expense: 5500.00
  • Tax Lot: 197
  • Tax Tract Number: 2039

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 7, 2025
Sold by
Rodriguez Alicia
Bought by
Alicia Rodriguez Living Trust and Rodriguez
Current Estimated Value
$691,450

Purchase Details

Closed on
May 14, 2018
Sold by
Rodriguez Alicia and Rodriguez Lucero
Bought by
Rodriguez Alicia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$416,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 6, 2016
Sold by
Rise Llc
Bought by
Rodriguez Alicia and Rodriguez Lucero

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$422,211
Interest Rate
3.66%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 20, 2013
Sold by
Reyes Helen and Reyes Alex G
Bought by
R I S E Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Alicia Rodriguez Living Trust -- None Listed On Document
Rodriguez Alicia -- North American Title
Rodriguez Alicia $430,000 Ticor Title
R I S E Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rodriguez Alicia $416,000
Previous Owner Rodriguez Alicia $422,211
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/13/2016 07/13/16 Sold $430,000 -2.3% $358 / Sq Ft
04/25/2016 04/25/16 For Sale $440,000 -- $367 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $806 $40,281 $20,804 $19,477
2024 $806 $39,493 $20,397 $19,096
2023 $796 $38,720 $19,998 $18,722
2022 $769 $37,961 $19,606 $18,355
2021 $755 $37,218 $19,222 $17,996
2020 $757 $36,837 $19,025 $17,812
2019 $739 $36,115 $18,652 $17,463
2018 $626 $35,408 $18,287 $17,121
2016 $587 $34,035 $17,578 $16,457
2015 $498 $275,394 $198,896 $76,498
2014 $3,488 $270,000 $195,000 $75,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC16087004

California Regional Multiple Listing Service (CRMLS)

APN: 5186-013-026

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