Shiang Chou
Responds Quickly
Lucky Real Estate
(562) 262-5384
29 Total Sales
1 in Boyle Heights
$2,138,000 Price
721 Spence St Los Angeles, CA 90023
Boyle Heights Neighborhood
6
Beds
7
Baths
3,870
Sq Ft
8,994
Sq Ft Lot
About This Home
As of June 2015Rents are below market. Easy maintenance. Landlord is almost worry free. Two of the seven units are facing Percy St but there are four units in this building, consists two 1 bed 1 bath and 2 studios. 2nd building consists two 1 bedrooms. 3rd units is 2 bed 1 bath with own water meter which tenant pays for the water. Walking distance to Middle School. banks, shops and park. Close to Metro Link Station and East LA Community College. Minutes to Monterery park. Easy access to FWY 60, 5, 10, 101 and 710.
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1926
Lot Details
- 8,994 Sq Ft Lot
- Two or More Common Walls
Parking
- 5 Parking Spaces
Home Design
- 3,870 Sq Ft Home
- Property Attached
Bedrooms and Bathrooms
- 6 Bedrooms
- 7 Bathrooms
Listing and Financial Details
- Assessor Parcel Number 5188004010
Community Details
Overview
- 3,870 Buildings
- 7 Units
Building Details
- 7 Leased Units
- Rent Control
- 8 Separate Electric Meters
- 7 Separate Gas Meters
- 2 Separate Water Meters
- Insurance Expense $1,682
- Maintenance Expense $1,053
- Water Sewer Expense $3,328
- New Taxes Expense $7,313
- Gross Income $4,860
- Net Operating Income $44,944
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 10, 2015
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$399,000
Interest Rate
3.64%
Mortgage Type
Commercial
Purchase Details
Closed on
Mar 17, 2004
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
6.29%
Mortgage Type
Commercial
Purchase Details
Closed on
Mar 17, 2003
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,000
Interest Rate
5.15%
Mortgage Type
Commercial
Purchase Details
Closed on
Oct 30, 2002
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Boyle Heights, CA
-
Shiang Chou
-
Dave Shorter
Dave Shorter
David Shorter, Broker
(562) 418-5957
37 Total Sales
2 in Boyle Heights
$505K - $630K Price Range
-
Poupee Komenkul
Poupee Komenkul
Rodeo Realty
(747) 998-0899
146 Total Sales
1 in Boyle Heights
$731,500 Price
-
Mike Chou
Mike Chou
K.W. EXECUTIVE
(626) 653-4295
169 Total Sales
1 in Boyle Heights
$1,025,000 Price
-
Venny Saucedo
Venny Saucedo
eXp Realty of Greater L.A
(424) 349-4410
45 Total Sales
1 in Boyle Heights
$675,000 Price
-
Raymond A. Rodriguez IV
Raymond A. Rodriguez IV
Equity Union
(747) 249-5579
39 Total Sales
1 in Boyle Heights
$4,995,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $566,500 | None Available | ||
| $480,000 | Ticor Title Co | ||
| $290,000 | Chicago Title | ||
| $290,000 | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $1,030,000 | ||
| Closed | $702,000 | ||
| Previous Owner | $399,000 | ||
| Previous Owner | $240,000 | ||
| Previous Owner | $174,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/30/2015 06/30/15 | Sold | $566,500 | -3.2% | $146 / Sq Ft |
| 05/07/2015 05/07/15 | Pending | -- | -- | -- |
| 05/07/2015 05/07/15 | For Sale | $585,000 | -- | $151 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $9,279 | $680,840 | $480,737 | $200,103 |
| 2024 | $9,166 | $667,491 | $471,311 | $196,180 |
| 2023 | $9,007 | $654,404 | $462,070 | $192,334 |
| 2022 | $8,627 | $641,573 | $453,010 | $188,563 |
| 2021 | $8,512 | $628,994 | $444,128 | $184,866 |
| 2020 | $8,586 | $622,546 | $439,575 | $182,971 |
| 2019 | $8,283 | $610,340 | $430,956 | $179,384 |
| 2018 | $8,092 | $598,373 | $422,506 | $175,867 |
| 2016 | $7,683 | $575,139 | $406,100 | $169,039 |
| 2015 | $7,597 | $567,832 | $236,595 | $331,237 |
| 2014 | $7,665 | $556,710 | $231,961 | $324,749 |
Source: Public Records
Agents Affiliated with this Home
-
Charles Fann
Seller's Agent in 2015
Charles Fann
IRN REALTY
(626) 373-7388
21 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: WS15098072
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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