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Off market
  • $885,000

    2005 Eastlake Ave, Los Angeles, CA 90031

    5beds
    1,937sqft
    MultiFamily
    Built in 1922
    -- sqft lot
    $885,000 Zestimate®
    $457/sqft
    $3,147 Estimated rent

    Home value

    $885,000

    $814,000 - $956,000

    $3,147/mo

    Zestimate® history
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    Owner options

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    $3,147/mo

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    $3,147/mo

    Rent Zestimate®

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    $5,629/mo

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    $5,629/mo

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    What's special

    Two separate homes on a 9,549 sf lot in prime Lincoln Heights neighborhood, where few homes go for sale and there's a strong sense of community. This is a terrific opportunity to live in one home and collect income from the other. 2005 Eastlake is 1,040 sf and ready to move into. It features 3 bedrooms, 1 bathroom, a front patio, private garden and has parking for 2 cars. 2007 Eastlake sits at the back of the lot and collects $1,100/mo in income. It features approx 897 sf of living space, 2 bedrooms 1 bath, bonus room, 2 car garage and private driveway off Darwin Ave. Each home has it's own laundry area, electric & gas meters. Excellent location just minutes to Downtown LA, Chinatown, Staples Center, USC Medical Center, public transportation and easy access to numerous freeways. With plenty of upside potential, this is perfect for an investor or owner user. Take advantage of the rising rental rates in the area as Lincoln Heights continues to grow rapidly. Please do not disturb the back tenants. Lot is zoned LARD3. Fixer. Sold as-is.

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 2
    • Full bathrooms: 2
    Appliances
    • Included: Microwave, Range / Oven
    Features
    • Flooring: Carpet, Laminate
    • Basement: None
    Interior area
    • Total interior livable area: 1,937 sqft

    Property

    Parking
    • Total spaces: 10
    • Parking features: Garage - Detached, Off-street, On-street
    Features
    • Exterior features: Stucco, Vinyl
    • Has view: Yes
    • View description: None
    Lot
    • Size: 9,548 Square Feet
    Details
    • Parcel number: 5210027022

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Roof: Shake / Shingle
    Condition
    • Year built: 1922

    Community & HOA

    Location
    • Region: Los Angeles

    Financial & listing details

    • Price per square foot: $457/sqft
    • Tax assessed value: $909,567
    • Annual tax amount: $11,202

    Price history

    DateEventPrice
    6/11/2021Sold$839,000+48.5%$433/sqft
    Source: Public Record Report a problem
    5/11/2016Sold$565,000+2.9%$292/sqft
    Source: Public Record Report a problem
    4/14/2016Pending sale$549,000$283/sqft
    Source: RE/MAX ELITE REALTY #WS16060935 Report a problem
    3/24/2016Listed for sale$549,000+510%$283/sqft
    Source: RE/MAX ELITE REALTY #WS16060935 Report a problem
    6/4/1999Sold$90,000$46/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$11,202 +0.9%$909,567 +2%
    2024$11,105 +1.2%$891,734 +2%
    2023$10,977 +5%$874,250 +2.2%
    2022$10,459 +35.3%$855,780 +38.5%
    2021$7,731 -1%$617,908 +1%
    2020$7,806 $611,573 +2%
    2019$7,806 +6.4%$599,582 +2%
    2018$7,333 $587,826 +2%
    2017$7,333 +2.2%$576,300 +380.9%
    2016$7,175 +344.3%$119,829 +1.5%
    2015$1,615 +0.1%$118,030 +2%
    2014$1,613 $115,718 +4.5%
    2011-- $110,725 +0.8%
    2010-- $109,898 -0.2%
    2009-- $110,160 +2%
    2008-- $108,001 +2%
    2007-- $105,884 +2%
    2006-- $103,808
    2005-- $103,808 +4%
    2004-- $99,778 +1.9%
    2003-- $97,950 +2%
    2002-- $96,031 -49.5%
    2000-- $190,000
    Find assessor info on the county website

    Neighborhood: Lincoln Heights

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $885,000
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    Estimated market value
    $885,000