3537 E 7th St Los Angeles, CA 90023
4
Beds
3
Baths
1,786
Sq Ft
8,660
Sq Ft Lot
Highlights
- Laundry Room
- Back Yard
- 1-Story Property
- Felicitas and Gonzalo Mendez High Rated A-
About This Home
As of April 2025Imagine living in one of your own properties while earning passive income from the others! This incredible opportunity features three units, each with one bedroom and one bath. Plus, there’s enough space to add an additional dwelling in the back! With one unit currently vacant, you can move right in and start your landlord journey. Don't let this chance slip away. Located just around the corner from the 10/ 5/ 60 fwy, these units provide convenient access to shops, restaurants and amenities such as the USC Medical Center, Keck Hospital, Gold Line Soto station and everything else that Downtown Los Angeles has to offer. Call me to schedule a showing!!
Last Agent to Sell the Property
Century 21 Allstars Brokerage Phone: 949-903-6633 License #01938421 Listed on: 02/25/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,785
Year Built
- Built in 1922
Lot Details
- 8,660 Sq Ft Lot
- 1 Common Wall
- Back Yard
Home Design
- Triplex
Interior Spaces
- 1,786 Sq Ft Home
- 1-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 4 Bedrooms
- 3 Bathrooms
Utilities
- Sewer Not Available
Listing and Financial Details
- Legal Lot and Block 56 / 4
- Tax Tract Number 56
- Assessor Parcel Number 5188015030
Community Details
Overview
- 2 Buildings
- 3 Units
Building Details
- Rent Control
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $250
- Trash Expense $100
- Water Sewer Expense $125
- Operating Expense $475
- Gross Income $54,000
- Net Operating Income $1,000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 25, 2025
Closed on
Apr 17, 2025
Sold by
Rodriguez Maria
Bought by
Lopez Augustin
Seller's Agent
Danny Navarro
Century 21 Allstars
Buyer's Agent
Richard Stern
TCB Real Estate Services
List Price
$775,000
Sold Price
$760,000
Premium/Discount to List
-$15,000
-1.94%
Views
51
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$8,343
Avg. Annual Appreciation
-3.19%
Original Mortgage
$532,000
Outstanding Balance
$530,116
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
$221,541
Purchase Details
Listed on
Feb 25, 2025
Closed on
Mar 14, 2025
Sold by
Enriquez Ricardo and Enriquez Martha C
Bought by
Lopez Agustin
Seller's Agent
Danny Navarro
Century 21 Allstars
Buyer's Agent
Richard Stern
TCB Real Estate Services
List Price
$775,000
Sold Price
$760,000
Premium/Discount to List
-$15,000
-1.94%
Views
51
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$532,000
Outstanding Balance
$530,116
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
$221,541
Purchase Details
Closed on
Jan 19, 1999
Sold by
Mueller Charles A
Bought by
Enriquez Ricardo and Enriquez Martha C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
7.24%
Mortgage Type
Construction
Similar Homes in Los Angeles, CA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | -- | Fidelity National Title | |
| Grant Deed | $760,000 | Fidelity National Title | |
| Grant Deed | $60,000 | United Title Company |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $532,000 | New Conventional | |
| Previous Owner | $501,900 | New Conventional | |
| Previous Owner | $257,600 | New Conventional | |
| Previous Owner | $182,000 | New Conventional | |
| Previous Owner | $197,000 | Unknown | |
| Previous Owner | $183,750 | Unknown | |
| Previous Owner | $120,000 | Construction |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/25/2025 04/25/25 | Sold | $760,000 | -1.9% | $426 / Sq Ft |
| 02/25/2025 02/25/25 | For Sale | $775,000 | -- | $434 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $3,785 | $280,015 | $151,993 | $128,022 |
| 2024 | $3,785 | $274,525 | $149,013 | $125,512 |
| 2023 | $3,720 | $269,143 | $146,092 | $123,051 |
| 2022 | $3,561 | $263,867 | $143,228 | $120,639 |
| 2021 | $3,512 | $258,694 | $140,420 | $118,274 |
| 2020 | $3,542 | $256,043 | $138,981 | $117,062 |
| 2019 | $3,417 | $251,023 | $136,256 | $114,767 |
| 2018 | $3,272 | $246,102 | $133,585 | $112,517 |
| 2016 | $3,118 | $236,548 | $128,399 | $108,149 |
| 2015 | $3,076 | $232,996 | $126,471 | $106,525 |
| 2014 | $3,107 | $228,433 | $123,994 | $104,439 |
Source: Public Records
Agents Affiliated with this Home
-
Danny Navarro
Seller's Agent in 2025
Danny Navarro
Century 21 Allstars
(562) 513-7800
16 in this area
113 Total Sales
-
Richard Stern
R
Buyer's Agent in 2025
Richard Stern
TCB Real Estate Services
(714) 282-2890
1 in this area
23 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: DW25042218
APN: 5188-015-030
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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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