$1,099,000
$201K PRICE DROP

638 N Boyle Ave Los Angeles, CA 90033

Estimated payment $6,608/month

Total Views 6,692
8 Beds
4 Baths
2,316 Sq Ft
$475 Price per Sq Ft

Highlights

  • Front Yard
  • 1-Story Property
  • 5-minute walk to Prospect Park
  • Felicitas and Gonzalo Mendez High Rated A-

About This Home

Verry Motivated Selle!!!! The two bedroom unit will be vacant starting September 1st.!!!!! Great Investment opportunity, surrounding owners are converting their properties into multi-level 12-unit apartment complex! This Real Estate is THREE SEPARATE UNITS CENTRALIZED THE HEART OF LOS ANGELES! Front Unit is a 3-bedroom 1bath, Second Unit is a 2-Bedroom 1-bath and Third Unit is a 1-Bedroom 1 Bath. This 3-unit complex has enough parking for 8 cars inside. The property is very accessible to interstate 5, Interstate 10, the 60 and the 101 Frwy. It's also within a 5-minute walk to Parks, Museums and the University of Southern California. Call for more information!!!!!

Listing Agent

REYNALDO ROMERO

CENTURY 21 Affiliated Brokerage Phone: 909-772-9202 License #01733019 Listed on: 02/23/2025

CENTURY 21 Affiliated

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,434

Year Built

  • Built in 1924

Lot Details

  • 7,164 Sq Ft Lot
  • No Common Walls
  • Front Yard

Parking

  • 6 Parking Spaces

Home Design

  • Triplex

Interior Spaces

  • 2,316 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Listing and Financial Details

  • Legal Lot and Block 21 / 11
  • Tax Tract Number 11
  • Assessor Parcel Number 5174005017
  • $7,297 per year additional tax assessments

Community Details

Overview

  • 3 Buildings
  • 3 Units

Building Details

  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 3 Separate Water Meters
  • Insurance Expense $1,483
  • Maintenance Expense $45
  • Trash Expense $400
  • Operating Expense $1,928
  • Net Operating Income $4,136

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,434

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Price Per Unit: 366333
  • Property Attached: No
  • Zoning: LARD1.5
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 5174005017
  • Year Built: 1924
  • Special Features: None

Interior Features

  • Stories: 1
  • Entry Location: Front
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Price Per Square Foot: 474.53

Exterior Features

  • Pool Private: No

Garage/Parking

  • Total Parking Spaces: 6.00

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Trash Expense: 400.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard
  • Lot Size Sq Ft: 7164.00
  • Lot Size Acres: 0.1645

Multi Family

  • Gross Scheduled Income: 4581.00
  • Insurance Expense: 1483.00
  • Lot Size Area: 7164.0000 Square Feet
  • Maintenance Expense: 45.00
  • Net Operating Income: 4136.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 3
  • Number Of Units Total: 3
  • Operating Expense: 445.00
  • Rent Control: Yes
  • Total Expenses: 1928.00

Tax Info

  • Tax Block: 11
  • Tax Census Tract: 2035.00
  • Tax Lot: 21
  • Tax Tract Number: 11
  • TaxOtherAnnualAssessmentAmount: 7296.78

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 $7,434 $588,898 $360,551 $228,347
2024 $7,434 $577,352 $353,482 $223,870
2023 $7,297 $566,032 $346,551 $219,481
2022 $6,969 $554,934 $339,756 $215,178
2021 $6,877 $544,054 $333,095 $210,959
2020 $6,942 $538,476 $329,680 $208,796
2019 $6,679 $527,918 $323,216 $204,702
2018 $6,524 $517,568 $316,879 $200,689
2016 $6,225 $497,472 $304,575 $192,897
2015 $6,137 $490,000 $300,000 $190,000
2014 $4,617 $352,676 $270,549 $82,127
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2025 08/12/25 Price Changed $1,099,000 -1.9% $475 / Sq Ft
06/06/2025 06/06/25 Price Changed $1,120,000 -0.9% $484 / Sq Ft
05/22/2025 05/22/25 Price Changed $1,130,000 -0.9% $488 / Sq Ft
05/05/2025 05/05/25 Price Changed $1,140,000 -0.9% $492 / Sq Ft
03/18/2025 03/18/25 Price Changed $1,150,000 -11.5% $497 / Sq Ft
02/23/2025 02/23/25 For Sale $1,300,000 +165.3% $561 / Sq Ft
10/30/2014 10/30/14 Sold $490,000 0.0% $212 / Sq Ft
02/19/2014 02/19/14 Pending -- -- --
01/13/2014 01/13/14 For Sale $490,000 -- $212 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Grant Deed $490,000 Pacific Coast Title Company
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Orange Coast Title Company
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Grant Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $150,000 New Conventional
Open $366,000 New Conventional
Closed $368,000 New Conventional
Previous Owner $11,360 Unknown
Previous Owner $367,500 New Conventional
Previous Owner $282,525 Unknown
Previous Owner $199,900 Credit Line Revolving
Previous Owner $100,000 Unknown
Previous Owner $36,000 Unknown
Previous Owner $19,830 Unknown
Source: Public Records

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV25039960

California Regional Multiple Listing Service (CRMLS)

APN: 5174-005-017