NOT LISTED FOR SALE

3734 Lee St Los Angeles, CA 90023

Boyle Heights Neighborhood

Estimated Value: $620,000 - $729,457

3 Beds
2 Baths
1,512 Sq Ft
$445/Sq Ft Est. Value

Last Sold June 03, 2015

Last sale price $362,500 $240 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $4,000/month

10 Days on Market

Highlights

  • Property is near public transit
  • No HOA
  • Rectangular Lot
  • Private Yard

About This Home

As of June 2015

Excellent Opportunity To Own Two Units In Los Angeles, Adjacent To D.T.L.A., Nearby 5 Freeway and 60 Freeway, Close To Major Transportation, Near Shopping And Los Angeles Markets/Districts, Minutes To Civic Center.. . . . . Stop Waiting In Traffic And Relax At Your New Home/Investment! Two Separate Buildings (2 On A Lot), Attached Large Two Car Garage, Two Separate Electric And Gas Meters, Well Taken Care Of Units!

Last Agent to Sell the Property

Richard Estrada

Century 21 Allstars License #01191095 Listed on: 04/28/2015

Co-Listed By

Gary Rubalcava

Century 21 Allstars License #01185814

Last Buyer's Agent

RUBEN GALEANO

GREEN ROAD REALTY License #01304379

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1915

Lot Details

  • 5,005 Sq Ft Lot
  • Property fronts an alley
  • No Common Walls
  • Rectangular Lot
  • Level Lot
  • Private Yard
  • Lawn
  • Front Yard
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage

Home Design

  • 1,512 Sq Ft Home

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Location

  • Property is near public transit

Listing and Financial Details

  • Tax Lot 48
  • Tax Tract Number 2049
  • Assessor Parcel Number 5188010008

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $777
  • Insurance Expense $1,200
  • Trash Expense $600
  • Water Sewer Expense $1,100
  • New Taxes Expense $4,337
  • Gross Income $1,950
  • Net Operating Income $14,900

Property Details

Home Type

Multi-Family

Year Built

Built in 1915

Lot Details

5,005 Sq Ft Lot

Parking

2

Listing Details

  • Property Attached: No
  • Road Frontage Type: Alley
  • Water Sewer Expenses: 1100.00
  • Property Type: Residential Income
  • Parcel Number: 5188010008
  • Year Built: 1915
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 239.75

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected, Sewer Available
  • Trash Expense: 600.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Lot Features: 0-1 Unit/Acre, Front Yard, Level, Lawn, Rectangular Lot, Level with Street, Near Public Transit, Yard
  • Lot Size Sq Ft: 5005.00
  • Lot Size Acres: 0.1150

Multi Family

  • Electric Expense: 777.00
  • Gross Income: 1950.00
  • Gross Scheduled Income: 23400.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 5005.0000 Square Feet
  • Net Operating Income: 14900.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 8500.00
  • Rent Control: Yes

Tax Info

  • New Taxes Expense: 4337.00
  • Tax Lot: 48
  • Tax Tract Number: 2049
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2015
Closed on
May 11, 2015
Sold by
Dubon Lopez Hector E and Dubon Jeanette
Bought by
Lugo Tomas and Nava Olga
Seller's Agent
Richard Estrada
Century 21 Allstars
Buyer's Agent
RUBEN GALEANO
GREEN ROAD REALTY
List Price
$347,000
Sold Price
$362,500
Premium/Discount to List
$15,500
4.47%
Current Estimated Value
$673,364

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$310,864
Avg. Annual Appreciation
5.90%
Original Mortgage
$355,933
Outstanding Balance
$275,293
Interest Rate
3.87%
Mortgage Type
FHA
Estimated Equity
$398,071

Purchase Details

Closed on
Nov 18, 2014
Sold by
Ramirez Daniel
Bought by
Dubon Lopez Hector E and Dubon Jeanette

Purchase Details

Closed on
Oct 29, 2014
Sold by
Ramirez Daniel and Victoria Ramirez Revocable Tru
Bought by
Ramirez Daniel

Purchase Details

Closed on
May 27, 1998
Sold by
Ramirez Victoria
Bought by
Ramirez Victoria and Ramirez Daniel
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
Lugo Tomas $362,500 Old Republic Title Company
Dubon Lopez Hector E $285,000 None Available
Ramirez Daniel -- None Available
Ramirez Victoria -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lugo Tomas $355,933
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/03/2015 06/03/15 Sold $362,500 +4.5% $240 / Sq Ft
05/08/2015 05/08/15 Pending -- -- --
04/28/2015 04/28/15 For Sale $347,000 -- $229 / 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 $5,496 $435,659 $348,530 $87,129
2024 $5,457 $427,118 $341,697 $85,421
2023 $5,355 $418,745 $334,998 $83,747
2022 $5,111 $410,535 $328,430 $82,105
2021 $5,045 $402,487 $321,991 $80,496
2020 $5,093 $398,361 $318,690 $79,671
2019 $4,898 $390,551 $312,442 $78,109
2018 $4,793 $382,894 $306,316 $76,578
2016 $4,574 $368,027 $294,422 $73,605
2015 $3,585 $285,000 $200,000 $85,000
2014 -- $261,180 $150,681 $110,499
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2015

    Richard Estrada

    Century 21 Allstars

  • G

    Seller Co-Listing Agent in 2015

    Gary Rubalcava

    Century 21 Allstars

    (562) 863-2121

    1 Total Sale

    Gary Rubalcava
    Section Image

  • R

    Buyer's Agent in 2015

    RUBEN GALEANO

    GREEN ROAD REALTY

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW15090746

California Regional Multiple Listing Service (CRMLS)

APN: 5188-010-008

California Los Angeles County Los Angeles 90023 Boyle Heights

3734 Lee St, Los Angeles, CA

Not Listed for Sale

MultiFamily

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California Regional Multiple Listing Service (CRMLS) 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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