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$750,000   Price Analysis
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4244 E 2nd St
Los Angeles, CA 90063
6 bed 5 bath 1,860 SqFt ($403/SqFt)
6,013SqFt lot. Built 1923
Listed 2024-07-02, Taxes $4,949
Ⓧ USDA Ineligible
due to location

near Los Angeles

Introducing a charming five-unit residential property nestled in East Los Angeles.

* Has Contingent Offer *

This well-maintained building is the perfect opportunity to increse your portfolio. Each unit offers big living areas and abundant natural light. The 4 back units are 1 bedroom and 1 bathroom. The front unit has 2 bedrooms and 1 bathroo m, also inside laundry and parking space in the driveway.

Located in a vibrant neighborhood with easy access to shopping, dining and entertainment options, this property presents an exceptional opportunity for comfortable city living and a solid investment.


Presented by Melisa Tori at
Century 21 Cornerstone.
Listing Agent Photo

Property MLS #DW24134799 from CRMLS

Bedrooms: 6

Full Bathrooms: 5

Lot Description: 0-1 Unit/Acre
Lot Size Acres: 0.1380395
Lot Size Source: Assessor
Lot Size Square Feet: 6013

Parking Features: Parking YN: Yes, Parking Features: Driveway

Number of Units: 5
Bedrooms in Unit-1: 2
Bedrooms in Unit-2: 1
Bedrooms in Unit-3: 1
Bedrooms in Unit-4: 1
Bedrooms in Unit-5: 1
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Total Bathrooms in Unit-3: 1
Total Bathrooms in Unit-4: 1
Total Bathrooms in Unit-5: 1

Calculated Total Monthly Association Fees: 0

Rent Control: Yes

Community Features: Biking, Curbs, Sidewalks, Street Lights, Suburban

Source Listing Status: Active Under Contract
County: Los Angeles
Source Property Type: Residential Income
Insurance Expense: 2400.00
Area: 699 - Not Defined
Source Neighborhood: 699 - Not Defined
Number of Separate Electric Meters: 5
Number of Separate Gas Meters: 5
Number of Separate Water Meters: 1
Parcel Number: 5236017032
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$89,792 + $115,642
$205,434
$4,949
2021$88,032 + $113,375
$201,407
$4,896
2020$87,130 + $112,213
$199,343
$4,913
2019$85,422 + $110,013
$195,435
$4,800
2018$83,748 + $107,856
$191,604
$4,703
2017$82,106 + $105,742
$187,848
$4,592
2016$80,497 + $103,669
$184,166
$4,504
2015$79,288 + $102,112
$181,400
$4,453
2014$77,735 + $100,112
$177,847
$4,471
2013$77,384 + $99,660
$177,044
$4,428
2012$75,867 + $97,706
$173,573
$4,423
2010$74,380 + $95,791
$170,171
$4,235
2009$74,001 + $95,302
$169,303
$4,104
2009$73,825 + $95,076
$168,901
$4,104
2008$72,550 + $93,434
$165,984
$3,975
2007$71,128 + $91,602
$162,730
$3,651

Listed 2024-07-02
$750,000
CRMLS
Sold 1987-11-09
$85,000
Public Record

Net Operating Income: 69240.00

Total Square Feet Living: 1860
Year Built: 1923
Building Features: 3
Common Walls: No Common Walls
Entry Location: .
Property Age: 101
Levels or Stories: One
Building Total Stories: 1
Structure Type: Commercial/Residential
Year Built Source: Assessor

Sewer: Sewer: Sewer Paid, Water Sewer Expense: 2880.00
Water Source: Public

Marianna Avenue Elementary School is a public elementary school located approximately 0.1 miles away.
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Hilda L. Solis Learning Academy School Of Technology, Business And Education is a public high school located approximately 0.4 miles away.
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Belvedere Middle School is a public middle school located approximately 0.6 miles away.
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Our Lady of Guadalupe Elementary School is a private elementary and middle school located approximately 0.6 miles away.
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The 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.