Seller's Agent in 2017
Derrick Vartanian
Lyon Stahl Investment Real Estate, Inc.
(310) 482-2200
1 in this area
15 Total Sales
We are pleased to present the Vallejo St. apartments located at 2611 Vallejo St. The subject property is a 17 unit(Buyer to Verify) multifamily investment opportunity located in the Lincoln Heights sub-market of Los Angeles. The wood-frame stucco building was constructed in 1913 and consists of 8,916 SF of living area situated on a 7,450 SF lot. The property contains (8) Studio units and (7) 1 bedroom/1 bath units, (1) 2 bedroom/1 Bath unit, and (1) 3 Bedroom/2 Bathroom SFR. The building is individually metered for both gas & electricity. The Seller states the property has been upgraded with full copper plumbing and the roof was recently updated. The property can be sold individually or as a portfolio sale with 4 other properties currently offered for sale. Please inquire with listing agents regarding portfolio sale.*Buyer to Verify all information with own due diligence*
Last Agent to Sell the Property
Lyon Stahl Investment Real Estate, Inc. License #01816119 Listed on: 03/06/2017
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/22/2017 09/22/17 | Sold | $2,300,000 | -14.8% | $258 / Sq Ft |
| 04/17/2017 04/17/17 | Price Changed | $2,700,000 | -4.4% | $303 / Sq Ft |
| 03/06/2017 03/06/17 | For Sale | $2,825,500 | -- | $317 / Sq Ft |
| 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 | $1,325 | $2,617,002 | $1,820,524 | $796,478 |
| 2024 | $1,325 | $2,565,689 | $1,784,828 | $780,861 |
| 2023 | $3,115 | $2,515,382 | $1,749,832 | $765,550 |
| 2022 | $30,303 | $2,466,062 | $1,715,522 | $750,540 |
| 2021 | $29,907 | $2,417,709 | $1,681,885 | $735,824 |
| 2020 | $30,203 | $2,399,320 | $1,664,640 | $734,680 |
| 2019 | $29,033 | $2,352,400 | $1,632,000 | $720,400 |
| 2018 | $28,879 | $2,306,400 | $1,600,000 | $706,400 |
| 2016 | $13,828 | $1,060,612 | $636,368 | $424,244 |
| 2015 | $13,641 | $1,044,682 | $626,810 | $417,872 |
| 2014 | $13,794 | $1,024,219 | $614,532 | $409,687 |
Seller's Agent in 2017
Derrick Vartanian
Lyon Stahl Investment Real Estate, Inc.
(310) 482-2200
1 in this area
15 Total Sales
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Seller Co-Listing Agent in 2017
Jonathan Prakash
Equity Union
(424) 600-7620
1 in this area
6 Total Sales
Buyer's Agent in 2017
Carlos Vasquez
VCA Realty & Property Services
(213) 700-2396
6 Total Sales
Source: The MLS
MLS Number: 17-206048
Ask me questions while you tour the home.