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Sold for $640,000
  • Listed by: Coldwell Banker Envision • Patricia Fusilier • Contact: 562-860-2625
    Bought with: Keller Williams Pacific Estates
    $640,000

    2618 Gleason Ave, Los Angeles, CA 90033

    3beds
    1,033sqft
    Single Family Residence
    Built in 1885
    5,752 Square Feet Lot
    $635,800 Zestimate®
    $620/sqft
    $3,049 Estimated rent

    Home value

    $635,800

    $604,000 - $668,000

    $3,049/mo

    Zestimate® history
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    What's special

    Unlock the potential of this promising investment opportunity in the heart of Boyle Heights. 2618 Gleason Ave offers a rare chance to secure property in one of Los Angeles’ most rapidly evolving neighborhoods, just minutes from Downtown LA, USC Medical Center, Arts District, and major transit corridors. Sitting on a generous lot, this property provides excellent upside for investors seeking value-add potential. Whether you’re looking to renovate, expand, or reimagine the space entirely, the location and strong foundation are perfect for long-term growth. The surrounding area continues to benefit from ongoing revitalization, increasing demand for quality housing and rental units. This property has a new water heater, new microwave, new fresh inside painting and new bedroom flooring, that is currently being worked on. With convenient access to freeways, public transportation, schools, and local amenities, this address appeals to both renters and future homeowners. Opportunities at this price point in such a central location are becoming increasingly rare, making this a smart acquisition for investors focused on appreciation and cash-flow potential. Ideal for: buy-and-hold investors, developers, flippers, or anyone looking to capitalize on LA’s strong rental market and neighborhood growth. New floors and painting in rooms will be done, as well as new water heater has been installed.

    Zillow last checked:

    Listing updated:

    Listed by:

    Patricia Fusilier DRE #01353834 626-715-1807,

    Coldwell Banker Envision

    Bought with:

    Remoun Said, DRE #01427142

    Keller Williams Pacific Estates

    Francisco Arroyo, DRE #01931880

    Keller Williams Pacific Estates

    Source: CRMLS,MLS#: RS26081734MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 1
    • Full bathrooms: 1
    • Main level bathrooms: 1
    • Main level bedrooms: 3
    Rooms
    • Room types: Bedroom
    Bedroom
    • Features: All Bedrooms Down
    Cooling
    • None
    Appliances
    • Laundry: Washer Hookup, Inside, In Kitchen
    Features
    • All Bedrooms Down
    • Has fireplace: No
    • Fireplace features: None
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total interior livable area: 1,033 sqft

    Property

    Features
    • Levels: One
    • Stories: 1
    • Entry location: Front Door
    • Pool features: None
    • Has view: Yes
    • View description: None
    Lot
    • Size: 5,752 Square Feet
    • Features: Back Yard, Front Yard
    Details
    • Parcel number: 5180011013
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Condition
    • New construction: No
    • Year built: 1885

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Sidewalks
    Location
    • Region: Los Angeles

    Financial & listing details

    • Price per square foot: $620/sqft
    • Tax assessed value: $627,606
    • Annual tax amount: $7,758
    • Date on market: 4/20/2026
    • Cumulative days on market: 16 days
    • Listing terms: Cash,Cash to Existing Loan,Conventional,FHA,VA Loan

    Price history

    DateEventPrice
    6/10/2026Sold$640,000$620/sqft
    Source: CRMLS #RS26081734 Report a problem
    5/18/2026Contingent$640,000$620/sqft
    Source: CRMLS #RS26081734 Report a problem
    4/21/2026Listed for sale$640,000+6.7%$620/sqft
    Source: CRMLS #RS26081734 Report a problem
    1/15/2026Sold$600,000-5.5%$581/sqft
    Source: CRMLS #RS24200648 Report a problem
    8/2/2025Pending sale$635,000$615/sqft
    Source: BHHS broker feed #RS24200648 Report a problem
    1/11/2025Contingent$635,000$615/sqft
    Source: CRMLS #RS24200648 Report a problem
    12/6/2024Listed for sale$635,000$615/sqft
    Source: CRMLS #RS24200648 Report a problem
    10/29/2024Contingent$635,000$615/sqft
    Source: CRMLS #RS24200648 Report a problem
    10/15/2024Listed for sale$635,000+194%$615/sqft
    Source: CRMLS #RS24200648 Report a problem
    6/20/2011Sold$216,000+208.6%$209/sqft
    Source: Public Record Report a problem
    5/14/2011Listed for sale$70,000-36.5%$68/sqft
    Source: Las Casas Realty, Inc. Report a problem
    3/1/2011Sold$110,220+57.5%$107/sqft
    Source: Public Record Report a problem
    2/11/2011Listed for sale$70,000-44%$68/sqft
    Source: Las Casas Realty, Inc. Report a problem
    3/24/1994Sold$125,000$121/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$7,758 +119.4%$627,606 +131.9%
    2024$3,536 +1.9%$270,668 +2%
    2023$3,472 +4.7%$265,361 +2%
    2022$3,316 +1.3%$260,159 +2%
    2021$3,273 -0.9%$255,059 +1%
    2020$3,303 $252,445 +2%
    2019$3,303 +6.7%$247,496 +2%
    2018$3,096 $242,644 +2%
    2017$3,096 +2.2%$237,887 +2%
    2016$3,029 +2.5%$233,223 +1.5%
    2015$2,955 +0.8%$229,721 +2%
    2014$2,931 $225,222 +2.5%
    2012-- $219,810 +36.7%
    2011-- $160,843 +0.8%
    2010-- $159,642 -0.2%
    2009-- $160,022 +2%
    2008-- $156,885 +2%
    2007-- $153,810 +2%
    2006-- $150,795
    2005-- $150,795 +4%
    2004-- $144,941 +1.9%
    2003-- $142,285 +2%
    2002-- $139,496 +4%
    2000-- $134,081
    Find assessor info on the county website

    Neighborhood: Boyle Heights

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $635,800
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $635,800