NOT LISTED FOR SALE

615 Camulos St Los Angeles, CA 90023

11 Beds
6 Baths
3,898 Sq Ft
6,000 Sq Ft Lot

Last Sold October 19, 2021

Last sale price $1,319,500 $339 Per Sq Ft

36 Days on Market

About This Home

As of October 2021

We are pleased to present this 6 unit Multi Family Investment Opportunity located in the Rapidly Gentrifying Boyle Heights Area of Los Angeles. The Property has a Great Unit Mix of 1, 2 and 3 bedroom Units in a Desirable Neighborhood with Rental Upside Potential of +/- 32%. This Offering Boasts an Attractive 4.65% Cap Rate on Current Rents with Opportunity to Add Value. Select Units have City Views. The Property is Centrally Located within a Few Minutes Drive to Downtown Los Angeles and within Walking Distance to Various Busy Retail Corridors. Property is Subject to Los Angeles City Rent Control.

Last Agent to Sell the Property

Shant Sherbetdjian

Remax Commercial and Investment Realty License #01713570 Listed on: 05/05/2021

Remax Commercial and Investment Realty

Last Buyer's Agent

David Gomez

License #01805497

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1922

Lot Details

  • 6,000 Sq Ft Lot

Interior Spaces

  • 3,898 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 6 Bathrooms

Parking

  • 1 Parking Space
  • Uncovered Parking

Community Details

  • 6 Units

Listing and Financial Details

  • Assessor Parcel Number 5185-023-029

Property Details

Home Type

Multi-Family

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 3898
  • Lot Acreage: 0.1377
  • Probate: No
  • Stories: 2
  • Year Built: 1922
  • Number Of Photos: 11
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 11
  • Total Bathrooms: 6.00
  • Price Per S Q F T: 346.33

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Uncovered
  • Total Parking: 1

Lot Info

  • Assessed Improvement Percent: 45.71
  • Assessed Improvement Value: 424483
  • Assessed Land Percent: 54.29
  • Assessed Land Value: 504073
  • Total Assessed Value: 928556
  • Assessor Parcel Number: 5185-023-029
  • Lot Size Area: 6000

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 13.82
  • Number Of Units: 6
  • Total Annual Expense: 32004
  • Type Of Units: Apartment
  • Vacancy Allow Percent: 3.00
  • Vacancy Rate: 3%

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

Property History

Date Event Price Change Sq Ft Price
10/19/2021 10/19/21 Sold $1,319,500 -2.3% $339 / Sq Ft
06/10/2021 06/10/21 Pending -- -- --
05/05/2021 05/05/21 For Sale $1,350,000 -- $346 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Shant Sherbetdjian

    Seller's Agent in 2021

    Shant Sherbetdjian

    RE/MAX

    (626) 657-8135

    4 in this area

    56 Total Sales

    Section Image

  • D

    Buyer's Agent in 2021

    David Gomez

  • G

    Buyer Co-Listing Agent in 2021

    Gil Legaspi

    Realty Executives Com. & Res.

See All Agents

Map

Source: The MLS

MLS Number: 21-727686

The MLS

California Los Angeles County Los Angeles 90023

615 Camulos St, Los Angeles, CA

This home is located at 615 Camulos St, Los Angeles, CA 90023 since 05 May 2021. This property was built in 1922. 615 Camulos St is a home located in Los Angeles County with nearby schools including Euclid Avenue Elementary School, Hollenbeck Middle School, and Theodore Roosevelt High School.

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