$980,000

624 Spence St Unit 624,626,628,630 Los Angeles, CA 90023

Boyle Heights Neighborhood

Estimated payment $5,296/month

Total Views 192
6 Beds
6 Baths
3,372 Sq Ft
$291 Price per Sq Ft

Highlights

  • No HOA
  • Laundry Room
  • Ceiling Fan
  • Felicitas and Gonzalo Mendez High Rated A-
  • No Interior Steps
  • Wrought Iron Fence

About This Home

This is a unique development of duplex apartments situated in the community of Eastern Los Angeles Boyle Heights area with endless Possibilities. This Development was built in 1916 and is considered part of a Historical site. A total of six units, (624,626,628,630) and continue around the corner to 3501, 3503 Sabina St. These units are each one story. Entrance is through the front porch. Each unit offers a one bedroom, one bath, and kitchen with an adjacent laundry room that accommodates a stackable washer/dryer, which are not included in the sale. Each unit has a modest back yard and a tool shed.These units are Centrally located near metropolitan areas such as Cesar E. Chavez Avenue where there are many local businesses and shopping. In addition the L.A. County school district which include elementary through high school grades, adds to the desirability of the location. There are ample recreation areas some of which include Evergreen Park which offers a playground, Events, and a Community center., and Boyle Heights Sports Center and Park which offers bike trails, and a multi purpose field, Salazar Park where baseball/softball and basketball sports activities are held. There is also good transit service for commuting to and from work in and around the city and more. Parking on the street only.

Listing Agent

Dan Morales

Homequest Real Estate Brokerage Phone: 909-717-8425 License #01113435 Listed on: 12/12/2025

Homequest Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,695

Year Built

  • Built in 1916

Lot Details

  • 6,024 Sq Ft Lot
  • 1 Common Wall
  • Wrought Iron Fence
  • Density is 6-10 Units/Acre

Parking

  • No Driveway

Home Design

  • Apartment
  • Entry on the 1st floor
  • Cosmetic Repairs Needed
  • Raised Foundation

Interior Spaces

  • 3,372 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Laminate Flooring

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Bathrooms

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Accessible Home Design

  • No Interior Steps

Utilities

  • Wall Furnace
  • Standard Electricity
  • Sewer Paid

Listing and Financial Details

  • Tax Lot 6-8
  • Tax Tract Number 2049
  • Assessor Parcel Number 5188003019
  • Seller Considering Concessions

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 6 Units

Building Details

  • 6 Leased Units
  • 6 Separate Electric Meters
  • 6 Separate Gas Meters
  • 6 Separate Water Meters
  • Insurance Expense $3,121
  • Pest Control $434
  • Trash Expense $7,200
  • Water Sewer Expense $10,800
  • Operating Expense $21,555
  • Gross Income $45,912
  • Net Operating Income $24,357

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,695

Year Built

Built in 1916

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Subdivision Name Other: Griffen and Vawter
  • View: No
  • Water Sewer Expenses: 10800.00
  • Zoning: LARD1.5
  • Property Condition: Repairs Cosmetic
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Parcel Number: 5188003019
  • Year Built: 1916
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Ceiling Fan(s)
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Flooring: Laminate
  • Accessibility Features: No Interior Steps
  • Appliances: No
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 290.63

Exterior Features

  • Foundation: Raised
  • Fence: Yes
  • Fencing: Wrought Iron
  • Pool Private: No
  • Spa: No
  • Construction Materials: Unknown

Garage/Parking

  • Parking Features: No Driveway

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Electric: Standard
  • Heating Type: Wall Furnace
  • Laundry Features: Individual Room, Stackable, Washer Hookup
  • Pest Control Expense: 434.00
  • Sewer: Sewer Paid
  • Trash Expense: 7200.00

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 6-10 Units/Acre
  • Lot Size Sq Ft: 6024.00
  • Lot Size Acres: 0.1383
  • Latitude Manual: 34.02862900

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Average1 Bed Area: 390 Square Feet
  • Average Studio Area: 560 Square Feet
  • Gross Income: 45912.00
  • Gross Scheduled Income: 45912.00
  • Insurance Expense: 3121.00
  • Lot Size Area: 6024.0000 Square Feet
  • Net Operating Income: 24357.00
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6
  • Number Of Separate Water Meters: 6
  • Number Of Units Leased: 6
  • Number Of Units Total: 6
  • Number With Range: 6
  • Operating Expense: 21555.00
  • Rent Control: No
  • Total Actual Rent: 3993.00
  • Total Expenses: 21555.00

Tax Info

  • Tax Area: 0-004
  • Tax Lot: 6-8
  • Tax Tract Number: 2049.10
  • Tax Annual Amount: 1695.48
  • Tax Year: 2024

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $1,678 $59,747 $21,291 $38,456
2024 $1,678 $58,576 $20,874 $37,702
2023 $1,664 $57,428 $20,465 $36,963
2022 $1,623 $56,303 $20,064 $36,239
2021 $1,590 $55,200 $19,671 $35,529
2019 $1,566 $53,565 $19,089 $34,476
2018 $1,436 $52,515 $18,715 $33,800
2016 $1,310 $50,479 $17,990 $32,489
2015 $1,301 $49,721 $17,720 $32,001
2014 $1,347 $48,748 $17,373 $31,375
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/12/2025 12/12/25 For Sale $980,000 -- $291 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IG25272597

California Regional Multiple Listing Service (CRMLS)

APN: 5188-003-019