$505,000
SOLD APR 16, 2025

605 N St Louis St Los Angeles, CA 90033

1 Bed
1 Bath
2,598 Sq Ft
5,311 Sq Ft Lot

Recently Sold

$194 Per Sq Ft

33% Below List Price

32 Days on Market

Highlights

  • No HOA
  • Cooling System Mounted To A Wall/Window
  • Laundry Room
  • Felicitas and Gonzalo Mendez High Rated A-
  • Living Room
  • Tile Flooring

About This Home

As of April 2025

Great Investment Opportunity to Own a FOUR-PLEX in the highly sought-after Boyle Heights neighborhood!!!! Perfect for investors looking for long-term rental income potential. The property consists of four units, each featuring individual electric panels, gas lines and convenient laundry hookups. Three units are downstairs and one upstairs. One unit with renovated bathroom, and floors. The property will be sold as-is, offering the chance for the new owner to bring their vision to life and enhance its value.
Location, Location, Location! Just minutes away from Downtown Los Angeles, USC Medical Center, the Arts District, the Staples Center, and major freeways (5, 10, 60, 101), this property offers unparalleled convenience and access to some of the city’s most vibrant and bustling areas.

Don’t miss out on this prime investment opportunity in one of LA's up-and-coming neighborhoods!

Last Agent to Sell the Property

Diana Estrada-Chiang

Exp Realty of California Inc Brokerage Phone: 6269912384 License #02013299 Listed on: 02/21/2025

Exp Realty of California Inc

Last Buyer's Agent

Diana Estrada-Chiang

Exp Realty of California Inc Brokerage Phone: 6269912384 License #02013299 Listed on: 02/21/2025

Exp Realty of California Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,361

Year Built

  • Built in 1923

Lot Details

  • 5,311 Sq Ft Lot
  • 1 Common Wall
  • Wrought Iron Fence
  • Brick Fence
  • Fence is in good condition
  • Front Yard

Home Design

  • Quadruplex
  • Entry on the 1st floor
  • Shingle Roof
  • Stucco

Interior Spaces

  • 2,598 Sq Ft Home
  • 2-Story Property
  • Living Room

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Parking

  • Parking Available
  • Driveway

Location

  • Urban Location

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Natural Gas Connected

Listing and Financial Details

  • Tax Lot 22
  • Assessor Parcel Number 5175027002

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 4 Units

Building Details

  • 3 Leased Units
  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • Gross Income $2,580
  • Net Operating Income $2,580

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,361

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Assessments: Yes
  • Price Per Unit: 187500
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: No
  • Zoning: LAR2
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 5175027002
  • Year Built: 1923
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 2
  • Entry Location: 1
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Laminate, Tile
  • Appliances: No
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 194.38
  • Room Type: Kitchen, Living Room

Exterior Features

  • Fence: Yes
  • Fencing: Brick, Good Condition, Wrought Iron
  • Pool Private: No
  • Roof: Shingle
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Electric: Standard
  • Heating Type: Wall Furnace
  • Laundry Features: In Closet, Inside, Stackable
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard
  • Lot Size Sq Ft: 5311.00
  • Lot Size Acres: 0.1219

Multi Family

  • Gross Income: 2580.00
  • Gross Scheduled Income: 2580.00
  • Lot Size Area: 5311.0000 Square Feet
  • Net Operating Income: 2580.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Units Leased: 3
  • Number Of Units Total: 4
  • Rent Control: Yes

Tax Info

  • Tax Census Tract: 2036.02
  • Tax Lot: 22

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2025
Closed on
Mar 26, 2025
Sold by
Rigoberto Garcilazo Living Trust and Garcilazo Rigoberto
Bought by
Cix One Llc
Seller's Agent
Diana Estrada-Chiang
Exp Realty of California Inc
Buyer's Agent
Diana Estrada-Chiang
Exp Realty of California Inc
List Price
$750,000
Sold Price
$505,000
Premium/Discount to List
-$245,000
-32.67%
Views
13
Current Estimated Value
$522,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,333
Avg. Annual Appreciation
8.37%

Purchase Details

Closed on
Oct 18, 2023
Sold by
Garcilazo Rigoberto
Bought by
Rigoberto Garcilazo Living Trust and Garcilazo

Purchase Details

Closed on
Jan 30, 2006
Sold by
Garcilazo Rigoberto and Salazar Carmen J
Bought by
Garcilazo Rigoberto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$339,500
Interest Rate
6.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 19, 2002
Sold by
Salazar Santiago and Garcilazo Otoniel
Bought by
Garcilazo Rigoberto and Salazar Carmen J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,250
Interest Rate
6.86%

Purchase Details

Closed on
Jul 16, 1998
Sold by
Trust Correa Gonzalo L Tr Correa Family and Correa Manuel S
Bought by
Salazar Santiago and Garcilazo Otoniel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,187
Interest Rate
6.88%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Grant Deed $505,000 First American Title Company
Deed -- None Listed On Document
Interfamily Deed Transfer -- Security Union Title
Interfamily Deed Transfer -- American Title Co
Grant Deed $186,000 American Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $382,854 Unknown
Previous Owner $339,500 New Conventional
Previous Owner $287,000 Fannie Mae Freddie Mac
Previous Owner $247,000 Unknown
Previous Owner $206,250 No Value Available
Previous Owner $181,187 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/16/2025 04/16/25 Sold $505,000 -32.7% $194 / Sq Ft
03/25/2025 03/25/25 Pending -- -- --
02/21/2025 02/21/25 For Sale $750,000 -- $289 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $6,361 $501,079 $281,007 $220,072
2024 $6,361 $491,255 $275,498 $215,757
2023 $6,244 $481,624 $270,097 $211,527
2022 $5,963 $472,181 $264,801 $207,380
2021 $5,881 $462,923 $259,609 $203,314
2020 $5,935 $458,178 $256,948 $201,230
2019 $5,711 $449,195 $251,910 $197,285
2018 $5,617 $440,388 $246,971 $193,417
2016 $5,352 $423,289 $237,382 $185,907
2015 $5,277 $416,932 $233,817 $183,115
2014 $5,318 $408,766 $229,237 $179,529
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: TR25038613

California Regional Multiple Listing Service (CRMLS)

APN: 5175-027-002