B
Seller's Agent in 2025
Bret Lewis
Bret Lewis, Broker
(480) 225-6616
59 Total Sales
Estimated Value: $681,000 - $1,237,000
Ready-to-build 6-unit cash cow development located in the highly desirable Wellington Heights neighborhood of Boyle Heights. This ground-up construction project is Fully Entitled RTI Shovel Ready and ideal for investors or developers seeking strong rental income in one of Los Angeles' fastest-growing neighborhoods for USC Spanish Style Villas. The project includes three 3-bedroom, 2-bathroom units and three 2-bedroom, 2-bathroom units, all thoughtfully designed and unfurnished. Each unit comes with one dedicated parking space, totaling six parking spots for the entire property. The projected monthly rent is $3,995 for the 3-bedroom units and $3,195 for the 2-bedroom units, generating a total monthly pro forma income of $21,570 and an annual pro forma of $258,840 — offering a compelling yield in a supply-constrained market. Positioned near Monterey Park and Downtown Los Angeles, the site offers unmatched accessibility to major employment centers, transit lines, and amenities. With a high Walk Score of 84, the property sits in a walker's paradise, providing future tenants with convenient access to grocery stores, parks, restaurants, and public transportation — further elevating its long-term rental appeal. This is a rare opportunity to build a high-yield multi-unit property in a rapidly developing pocket of Los Angeles. The project is ready to break ground—bring your team and start building today.
Last Agent to Sell the Property
Eyal Givon, Broker License #01905668 Listed on: 10/18/2017
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Usc Developers Llc | $518,000 | Stewart Title | |
| Deleon Adela | -- | None Available | |
| Fierro Beatrice | -- | -- | |
| Deleon Adela | -- | -- | |
| Deleon Adela | -- | -- | |
| Deleon Valentino | -- | -- | |
| Deleon Valentino | -- | -- |
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Closed | Usc Developers Llc | $388,000 |
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/05/2025 06/05/25 | For Sale | $1,249,000 | +141.1% | $180 / Sq Ft |
| 12/28/2017 12/28/17 | Sold | $518,000 | -13.7% | $327 / Sq Ft |
| 11/17/2017 11/17/17 | Pending | -- | -- | -- |
| 10/18/2017 10/18/17 | For Sale | $600,000 | -- | $379 / Sq Ft |
| 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 | $8,835 | $589,389 | $439,540 | $149,849 |
| 2024 | $7,686 | $577,833 | $430,922 | $146,911 |
| 2023 | $7,555 | $566,504 | $422,473 | $144,031 |
| 2022 | $7,197 | $555,397 | $414,190 | $141,207 |
| 2021 | $7,114 | $544,508 | $406,069 | $138,439 |
| 2019 | $6,893 | $528,360 | $394,026 | $134,334 |
| 2018 | $6,775 | $518,000 | $386,300 | $131,700 |
| 2016 | $3,401 | $241,233 | $168,811 | $72,422 |
| 2015 | $3,349 | $237,611 | $166,276 | $71,335 |
| 2014 | $3,351 | $232,957 | $163,019 | $69,938 |
B
Seller's Agent in 2025
Bret Lewis
Bret Lewis, Broker
(480) 225-6616
59 Total Sales
A
Seller's Agent in 2017
Ana Turner
Eyal Givon, Broker
(805) 552-2805
10 Total Sales
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SR17239730
APN: 5233-017-005
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