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Sold for $1,050,000
  • Listed by: Re/Max Premier Prop SanMarino • Andrew Loeffler • Contact: 626-660-1100
    Bought with: Re/Max Premier Prop SanMarino
    $1,050,000

    2022 E 2nd St, Los Angeles, CA 90033

    16beds
    16baths
    7,000sqft
    Multi Family
    Built in 1968
    -- sqft lot
    $1,214,000 Zestimate®
    $150/sqft
    $2,586 Estimated rent

    Home value

    $1,214,000

    $1.08M - $1.37M

    $2,586/mo

    Zestimate® history
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    What's special

    A touch of French architecture in great Boyle Heights location with close proximity to bus line on 4th and Cummings and two light rail locations - Mariachi Plaza and Soto Street. Nearby to Hollenbeck Park which hosts a number of sports and fitness programs, cultural programs, barbecue pits, picnic spots, public bathrooms, and a skate park. Property has alley access to rear parking and is fully gated. There is parking easily for 8 cars on the property (four open spaces and four covered spaces) and more if small cars doubled up. Lots of room for bicycles and motorcycles. Easy access to 10/60/5/110, and 101 Freeways. Each unit is 2 bedroom and 2 bathrooms. Separate gas and electric metering paid by tenants. There is a common laundry room on ground floor. Property is relatively newer for Los Angeles and is clean and well maintained. All units occupied. Below market rents represents large upside potential for a new owner. Property is close to White Memorial Hospital, Little Tokyo, The Arts District, USC Health Campus, DTLA, and many more things the great City of Los Angeles has to offer. Manager resides in the $600/mo unit explaining why that rent is low. Each unit has two bath rooms - one full bath and one half bath. Property has had soft story retrofit completed and signed off by the city. Please don't hesitate to call and ask questions.

    Zillow last checked:

    Listing updated:

    Listed by:

    Andrew Loeffler DRE #01193598 951-741-0002,

    Re/Max Premier Prop SanMarino,

    PETER LOEFFLER DRE #00913919 626-660-1106,

    RE/MAX PREMIER/SANMARINO

    Bought with:

    Andrew Loeffler, DRE #01193598

    Re/Max Premier Prop SanMarino

    Source: CRMLS,MLS#: AR24135453MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 16
    • Bathrooms: 16
    Heating
    • Wall Furnace
    Cooling
    • Wall/Window Unit(s)
    Appliances
    • Laundry: Common Area, Laundry Room
    Features
    • Has fireplace: No
    • Fireplace features: None
    • Common walls with other units/homes: 2+ Common Walls
    Interior area
    • Total structure area: 7,000
    • Total interior livable area: 7,000 sqft

    Property

    Parking
    • Total spaces: 8
    • Parking features: Carport
    • Carport spaces: 4
    • Uncovered spaces: 4
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: Side
    • Pool features: None
    • Spa features: None
    • Fencing: Good Condition,Wrought Iron
    • Has view: Yes
    • View description: None
    Lot
    • Size: 7,425 Square Feet
    • Features: Level, Near Public Transit, Street Level
    Details
    • Parcel number: 5183011024
    • Zoning: LARD2
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: French Provincial
    • Property subtype: Multi Family
    • Attached to another structure: Yes
    Condition
    • New construction: No
    • Year built: 1968

    Utilities & green energy

    • Sewer: Unknown
    • Water: See Remarks
    • Utilities for property: See Remarks

    Community & HOA

    Community
    • Features: Curbs, Gutter(s), Sidewalks
    Location
    • Region: Los Angeles

    Financial & listing details

    • Price per square foot: $150/sqft
    • Date on market: 7/8/2024
    • Cumulative days on market: 95 days
    • Listing terms: Cash,Cash to New Loan,Submit
    • Total actual rent: 91558
    • Tenant pays: Electricity, Gas, Other
    • Road surface type: Alley Paved

    Price history

    DateEventPrice
    11/7/2024Sold$1,050,000-12.1%$150/sqft
    Source: CRMLS #AR24135453 Report a problem
    10/17/2024Contingent$1,195,000$171/sqft
    Source: CRMLS #AR24135453 Report a problem
    10/7/2024Price change$1,195,000-7.7%$171/sqft
    Source: CRMLS #AR24135453 Report a problem
    9/9/2024Price change$1,295,000-7.2%$185/sqft
    Source: CRMLS #AR24135453 Report a problem
    8/13/2024Price change$1,395,000-6.7%$199/sqft
    Source: CRMLS #AR24135453 Report a problem
    7/25/2024Price change$1,495,000-6.3%$214/sqft
    Source: CRMLS #AR24135453 Report a problem
    7/9/2024Listed for sale$1,595,000$228/sqft
    Source: CRMLS #AR24135453 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: Boyle Heights

    Nearby schools

    GreatSchools rating
    Get a cash offer in 3 minutes
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    Estimated market value
    $1,214,000
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,214,000