NOT LISTED FOR SALE

3533 E 8th St Los Angeles, CA 90023

Estimated Value: $652,000 - $861,000

3 Beds
2 Baths
1,116 Sq Ft
$642/Sq Ft Est. Value

Last Sold February 28, 2024

Last sale price $614,000 $550 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $4,005/month

8 Days on Market

Highlights

  • Wood Flooring
  • Views
  • Shed
  • Felicitas and Gonzalo Mendez High Rated A-
  • Bungalow
  • 1-Story Property

About This Home

As of February 2024

Boyle Heights. Investors delight!!! Two homes in one lot. Front house with inviting front porch has original hardwood flooring under carpet, two bedrooms, one bath plus utility room. Rear home is a one bedroom, one bath with spacious kitchen and laundry area. Great size lot parking for six cars. Additional sheds on property. Individually metered. Same family for over 65 years. Both homes vacant at COE. Trust sale no court confirmation needed. OPEN THIS SUNDAY 1/21 FROM 1-3PM. ALSO SHOWING IT TOMORROW FRIDAY THE 19TH AT 10:00AM ONLY.

Last Agent to Sell the Property

Nick Mercado

Sotheby's International Realty License #01348465 Listed on: 01/17/2024

Last Buyer's Agent

Nick Mercado

Sotheby's International Realty License #01348465 Listed on: 01/17/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,233

Year Built

  • Built in 1922

Lot Details

  • 5,070 Sq Ft Lot
  • South Facing Home
  • Property is zoned LAR2

Home Design

  • Bungalow
  • Fixer Upper
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,116 Sq Ft Home
  • 1-Story Property
  • Property Views

Flooring

  • Wood
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Located Outside
  • Gas And Electric Dryer Hookup

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces
  • Driveway

Outdoor Features

  • Shed

Utilities

  • Heating System Mounted To A Wall or Window
  • Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for electricity, gas
  • The owner pays for water
  • Assessor Parcel Number 5191-015-015

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,233

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: Bungalow
  • Levels: One
  • Street Number Display: Yes
  • Living Area: 1116
  • Lot Acreage: 0.1164
  • Probate: No
  • Property Condition: Fixer
  • Year Built: 1922
  • Number Of Photos: 39
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Flooring: Hardwood, Laminate, Tile, Ceramic Tile
  • Bedrooms: 3
  • Common Walls: Detached/No Common Walls
  • Laundry: Outside
  • Total Bathrooms: 2.00
  • Equipment: Gas Or Electric Dryer Hookup
  • Price Per S Q F T: 572.58

Exterior Features

  • Direction Faces: South
  • Construction: Stucco
  • Other Features: Two On A Lot
  • Other Structures: Shed(s)
  • Tennis Court Y/N: No
  • Pool: No
  • Roof: Composition
  • Spa Yn: No
  • View: Walk Street
  • View: Yes

Garage/Parking

  • Other Spaces: 6
  • Parking Garage: Driveway
  • Total Parking: 6

Utilities

  • Water Heater: Gas
  • Heating: Wall
  • Water Heaters: Yes

Lot Info

  • Assessed Improvement Percent: 48.57
  • Assessed Improvement Value: 36982
  • Assessed Land Percent: 51.43
  • Assessed Land Value: 39157
  • Total Assessed Value: 76139
  • Assessor Parcel Number: 5191-015-015
  • Lot Size Area: 5070

Rental Info

  • Land Lease Type: Fee
  • Owner Pays: Water
  • Tenant Pays: Electricity, Gas

Multi Family

  • Unit Type: 2106, 2107
  • Number Of Units: 2
  • Total Annual Expense: 0
  • Type Of Units: two houses
  • Vacancy Rate: 100%

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 25, 2024
Sold by
Nakhla Hayam and Atia Safwat
Bought by
Queen Estate Llc
Current Estimated Value
$716,023

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$530,000
Outstanding Balance
$392,946
Interest Rate
6.49%
Mortgage Type
Credit Line Revolving
Estimated Equity
$323,077

Purchase Details

Closed on
May 17, 2024
Sold by
Nakhla Hayam and Atia Safwat
Bought by
Queen Estate Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
6.88%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 17, 2024
Closed on
Feb 8, 2024
Sold by
March 30 1995 Cuecuecha Family Trust
Bought by
Queen Estate Llc
Seller's Agent
Nick Mercado
Sotheby's International Realty
Buyer's Agent
Nick Mercado
Sotheby's International Realty
List Price
$639,000
Sold Price
$614,000
Premium/Discount to List
-$25,000
-3.91%
Views
45

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.10%
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
Queen Estate Llc -- --
Nakhla Hayam -- Pacific Coast Title Company
Queen Estate Llc -- --
Nakhla Hayam -- Pacific Coast Title Company
Queen Estate Llc $614,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nakhla Hayam $530,000
Previous Owner Nakhla Hayam $350,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2024 02/28/24 Sold $614,000 -3.9% $550 / Sq Ft
01/25/2024 01/25/24 Pending -- -- --
01/17/2024 01/17/24 For Sale $639,000 -- $573 / Sq Ft
Source: The MLS

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 $1,233 $626,280 $438,396 $187,884
2024 $1,233 $77,661 $39,940 $37,721
2023 $1,215 $76,139 $39,157 $36,982
2022 $1,166 $74,647 $38,390 $36,257
2021 $1,148 $73,185 $37,638 $35,547
2020 $1,154 $72,436 $37,253 $35,183
2019 $1,119 $71,017 $36,523 $34,494
2018 $1,025 $69,625 $35,807 $33,818
2016 $969 $66,922 $34,417 $32,505
2015 $957 $65,918 $33,901 $32,017
2014 $975 $64,627 $33,237 $31,390
Source: Public Records

Agents Affiliated with this Home

  • Nick Mercado

    Seller's Agent in 2024

    Nick Mercado

    Sotheby's International Realty

    (323) 896-9955

    1 in this area

    51 Total Sales

    Section Image
  • Brian Moore

    Buyer Co-Listing Agent in 2024

    Brian Moore

    Sotheby's International Realty

    (310) 849-4990

    1 in this area

    58 Total Sales

    Section Image
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Map

Source: The MLS

MLS Number: 24-348917

The MLS

APN: 5191-015-015

California Los Angeles County Los Angeles 90023

3533 E 8th St, Los Angeles, CA

This home is located at 3533 E 8th St, Los Angeles, CA 90023 since 17 January 2024 and is currently estimated at $716,023, approximately $641 per square foot. This property was built in 1922. 3533 E 8th St is a home located in Los Angeles County with nearby schools including Lorena Street Elementary School, Robert Louis Stevenson Middle School, and Theodore Roosevelt High School.

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