649 N Cummings St Los Angeles, CA 90033
Boyle Heights NeighborhoodEstimated payment $6,561/month
About This Home
TREMENDOUS UPSIDE! This well-maintained triplex offers a rare opportunity for significant rental growth in the rapidly evolving Boyle Heights market. The property features approximately 3,245 sq ft of building area on a 5,071 sq ft corner lot, providing excellent ingress and egress for parking. The front building consists of two units a 3-bedroom, 1-bath and a 2-bedroom, 1-bath while the detached rear unit offers 3 bedrooms and 2 bathrooms and was fully remodeled approximately 4 years ago. This versatile unit mix is highly desirable for maximizing rental income and attracting long-term tenants. Tenants share the driveway for parking and are responsible for maintaining the parking area. Tenants also pay all utilities, keeping landlord expenses minimal and limited to property taxes and insurance. With low operating costs and strong income potential, this property is an efficient, income-producing investment. Located in a quiet residential neighborhood, the property offers a unique blend of suburban comfort with close proximity to ongoing development and appreciation throughout Boyle Heights. BONUS OPPORTUNITY: Back unit will be moving out on June. It will be delivered vacant for owner occupying the unit. Great opportunity to raise the income to market value. The adjacent property at 645 N Cummings is also available for sale, presenting a rare chance to acquire multiple income properties in a prime location. Additional details available upon request.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1905
Lot Details
- 5,073 Sq Ft Lot
Home Design
- Triplex
Interior Spaces
- 3,245 Sq Ft Home
- 2-Story Property
Kitchen
- Oven or Range
- Disposal
Bedrooms and Bathrooms
- 6 Bedrooms
- 3 Bathrooms
Parking
- 5 Parking Spaces
- Driveway
Utilities
- Cooling System Mounted To A Wall/Window
- Forced Air Heating System
- Gas Water Heater
- Sewer in Street
Community Details
- 2 Buildings
- 3 Units
Listing and Financial Details
- Assessor Parcel Number 5175-031-010
Map
Home Values in the Area
Average Home Value in this Area
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 | $9,072 | $728,280 | $442,170 | $286,110 |
| 2024 | $9,072 | $714,000 | $433,500 | $280,500 |
| 2023 | $8,902 | $700,000 | $425,000 | $275,000 |
| 2022 | $1,063 | $48,449 | $23,995 | $24,454 |
| 2021 | $1,032 | $47,500 | $23,525 | $23,975 |
| 2020 | $1,034 | $47,014 | $23,284 | $23,730 |
| 2019 | $1,011 | $46,093 | $22,828 | $23,265 |
| 2018 | $909 | $45,190 | $22,381 | $22,809 |
| 2016 | $834 | $43,437 | $21,513 | $21,924 |
| 2015 | $826 | $42,785 | $21,190 | $21,595 |
| 2014 | $850 | $41,947 | $20,775 | $21,172 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 05/01/2026 05/01/26 | For Sale | $1,095,000 | +56.4% | $337 / Sq Ft | |
| 10/03/2022 10/03/22 | Sold | $700,000 | -20.7% | $216 / Sq Ft | View Prior Sale |
| 09/01/2022 09/01/22 | Pending | -- | -- | -- | |
| 07/25/2022 07/25/22 | For Sale | $883,000 | -- | $272 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | -- | Accommodation/Courtesy Recordi | |
| Grant Deed | $700,000 | Ticor Title | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | Pacific Coast Title Company |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $455,000 | New Conventional | |
| Previous Owner | $375,000 | Adjustable Rate Mortgage/ARM |
Source: The MLS
MLS Number: 26803945
APN: 5175-031-010
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Ask me questions while you tour the home.