$2,500,000 Price Analysis   ♡   Los Angeles, CA 90023 18 bed 12 bath 6,444 SqFt ($387/SqFt) 8,943SqFt lot. Built 2017 Listed 2024-05-30, Taxes $32,996 | Ⓧ USDA Ineligible due to price & location near Los Angeles |
Offering a tremendously unique investment opportunity with additional upside with 2 ADU RTI!!
* No Longer For Sale *
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Located in heart of LA's Eastside blue collar hustle and bustle! High demand area with cl ose fwy access near Dwntown LA, Arts District, school, parks, both metro and bus transportation, shopping, services and dining. Introducing a Newer 2017 Built Charming Craftsman-Style 6-Plex consisting of three Duplexes + 2 ADU RTI Permits. All systems are newer and hitting on all cylinders. Each unit is individually metered, has assigned on-premise parking and the grounds are gated and secure. Professionally landscaped offering optimal outdoor living space to enjoy leisurely living. Each upper unit has its own private balcony with views.Interiors are designed with an open floor plan with high vaulted ceilings, showroom kitchen and finishes and tons of natural light!
Fully occupied. Above average 6.9 % Cap Rate for LA with immediate added income via upside in rents and 8.1% Cap Rate with ADU build outs to generate a massive $268, 500 Gross Annual Income. Additional photos/info visit: LiveOnPercy.com
Presented by Crystal Hayes at
Christie's AKG.
Property MLS #24-395811 from TheMLSCLAW
Full Bathrooms: 12
Bathroom 1 Features: Shower and Tub, Tile
Detached/No Common Walls
Turnkey
Open Floor Plan
Laundry - Closet Stacked
Flooring: Vinyl Plank
Window Features: Screens, Window Blinds, Double Pane Windows
Laundry Facilities: In Unit
Laundry Features: In Unit
Open to Family Room
Gourmet Kitchen
Kitchen Features: Quartz Counters, Open to Family Room, Gourmet Kitchen
Heating Features: Forced Air, Natural Gas
Patio Features: Balcony
Lot Size Acres: 0.205303
Lot Size Dimensions: 52x173
Lot Size Source: Vendor Enhanced
Lot Size Square Feet: 8943
Parking Total: 12
Calculated Total Monthly Association Fees: 0
Number of Units: 6
Unit Features: 1 BedsTotal: 3, 1 BathsTotal: 2, 1 SquareFeet: 3195, 2 BedsTotal: 3, 2 BathsTotal: 2, 2 SquareFeet: 3095, 3 BedsTotal: 3, 3 BathsTotal: 2, 3 SquareFeet: 3195, 4 BedsTotal: 3, 4 BathsTotal: 2, 4 SquareFeet: 3095, 5 BedsTotal: 3, 5 BathsTotal: 2, 5 SquareFeet: 3195, 6 BedsTotal: 3, 6 BathsTotal: 2, 6 SquareFeet: 3095
Tenant Pays: Gas, Electric, Trash, Water
High Ceilings (9 Feet+)
Sprinkler System
Rain Gutters
Source Listing Status: Sold
County: Los Angeles
Cap Rate: 6.9
Directions: South side of street
Source Property Type: Residential Income
Area: Boyle Heights
Source Neighborhood: Boyle Heights
Number of Separate Electric Meters: 6
Number of Separate Gas Meters: 6
Parcel Number: 5188-008-010
Postal Code Plus 4: 1719
Zoning: LARD1.5
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $867,000 + $1,887,000 $2,754,000 | $32,996 |
| 2021 | $850,000 + $1,850,000 $2,700,000 | $32,580 |
| 2020 | $780,329 + $427,560 $1,207,889 | $15,337 |
| 2019 | $765,029 + $419,177 $1,184,206 | $14,747 |
| 2018 | $526,470 + $410,958 $937,428 | $11,366 |
| 2017 | $96,900 + $306,000 $402,900 | $5,060 |
| 2016 | $15,717 + $18,818 $34,535 | $643 |
| 2015 | $15,481 + $18,536 $34,017 | $637 |
| 2014 | $15,178 + $18,173 $33,351 | $655 |
| 2013 | $15,110 + $18,091 $33,201 | $656 |
| 2012 | $14,814 + $17,737 $32,551 | $663 |
| 2010 | $14,524 + $17,390 $31,914 | $661 |
| 2009 | $14,451 + $17,303 $31,754 | $642 |
| 2009 | $14,416 + $17,261 $31,677 | $642 |
| 2008 | $14,168 + $16,964 $31,132 | $625 |
| 2007 | $13,891 + $16,632 $30,523 | $602 |
$2,500,000
TheMLSCLAW
Sold 2024-08-13
$2,500,000
TheMLSCLAW
Listing removed 2024-08-07
$0
Zumper
Listing removed 2024-08-07
$0
ShowMojo
Listed for rent 2024-08-01
$2,995
Zumper
Listing removed 2024-08-01
$0
RentalBeast
Listed for rent 2024-07-24
$2,995
RentalBeast
Price Changed for rent 2024-06-20
$2,995
ShowMojo
Listed for rent 2024-06-04
$3,195
ShowMojo
Listed 2024-05-30
$2,490,000
TheMLSCLAW
Listing removed 2023-11-29
$0
CRMLS
Price Changed 2023-08-11
$2,650,000
CRMLS
Listed 2023-04-22
$2,850,000
CRMLS
Sold 2020-11-19
$2,700,000
Public Record
Listing removed 2018-10-19
$800,000
CRISNET
Listing removed 2018-10-19
$800,000
CRISNET
Listing removed 2017-05-15
$800,000
CRISNET
Listing removed 2017-05-15
$800,000
CRISNET
Listed 2016-11-21
$800,000
CRISNET
Listed 2016-11-21
$800,000
CRISNET
Sold 2016-06-07
$390,000
CRMLS
Listed 2016-03-24
$390,000
CRMLS
Year Built: 2017
Common Walls: Detached/No Common Walls
Foundation Details: Concrete Block
Levels: Two Level
Living Area Source: Vendor Enhanced
Property Age: 7
Roof: Asphalt
Levels or Stories: 2
Building Total Stories: 2
House Style: Craftsman
Year Built Source: Vendor Enhanced
Architectural Style: Craftsman
Security Features: 24 Hour, Fire and Smoke Detection System, Carbon Monoxide Detector(s), Smoke Detector
Map directions Map directions Map directions Map directionsThe property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.