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Sold for $2,200,000
  • $2,200,000

    2853 Cincinnati St, Los Angeles, CA 90033

    18beds
    15baths
    7,168sqft
    Multi Family
    Built in 2020
    -- sqft lot
    $2,176,000 Zestimate®
    $307/sqft
    $2,114 Estimated rent

    Home value

    $2,176,000

    $2.07M - $2.28M

    $2,114/mo

    Zestimate® history
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    $14,134/mo

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    What's special

    Private balconies with viewsHillside locationCentral acTankless on-demand water heaters
    2853 Cincinnati St. is a newly constructed 2020 triplex located in the heart of Boyle Heights near the corner of North Evergreen Ave. and Cincinnati St. This hillside location offers sweeping views of Downtown LA and the San Gabriel Mountains. With approximately 7,168 SF of building area, the property features 3 generous units grossing approximately $17,900 per month and $214,800 a year. Several units feature private balconies with views. All units include central AC and tankless on-demand water heaters. Property offers garage plus surface parking for approximately 6 -7 vehicles. Surrounded by popular restaurants, markets, and easy access to Downtown Los Angeles, this professionally managed asset offers strong income with additional upside potential. With a 6.6% Cap Rate and 10.7 GRM this represents a opportunity to acquire newer construction Non-Rent Control Asset in one of Los Angeles' rapidly growing rental markets.

    Zillow last checked:

    Listing updated:

    Listed by:

    Paul Fisher DRE # 02018310 808-366-1680,

    Compass 310-437-7500

    Bought with:

    Amir Sarkeshik, DRE # 01192601

    Optimum First, Inc.

    Source: CLAW,MLS#: 26831375MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 18
    • Bathrooms: 15
    Heating
    • Central
    Cooling
    • Air Conditioning, Central Air, Gas
    Appliances
    • Included: Microwave, Gas Water Heater, Tankless Water Heater
    Features
    • Flooring: Mixed
    • Doors: Sliding Doors, Insulated Doors
    Interior area
    • Total structure area: 7,168
    • Total interior livable area: 7,168 sqft

    Property

    Parking
    • Total spaces: 6
    • Parking features: Garage
    • Has garage: Yes
    Features
    • Levels: Three Or More,Multi/Split
    • Exterior features: Balcony
    • Has view: Yes
    • View description: City, City Lights, Mountain(s)
    Lot
    • Size: 5,902 Square Feet
    • Features: Hillside
    Details
    • Additional structures: None
    • Parcel number: 5178018014
    • Zoning: LARD1.5
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Stucco
    Condition
    • Year built: 2020

    Community & HOA

    Community
    • Security: Fire Sprinkler System, Security Lights, Smoke Detector(s)
    Location
    • Region: Los Angeles

    Financial & listing details

    • Price per square foot: $307/sqft
    • Tax assessed value: $1,900,000
    • Date on market: 5/12/2026
    • Tenant pays: Insurance

    Price history

    DateEventPrice
    8/25/2026Sold$2,200,000-4%$307/sqft
    Source: CLAW #26831375 Report a problem
    7/23/2026Contingent$2,292,000$320/sqft
    Source: CLAW #26831375 Report a problem
    5/12/2026Listed for sale$2,292,000+20.6%$320/sqft
    Source: CLAW #26831375 Report a problem
    3/25/2026Listing removed$6,900$1/sqft
    Source: Zillow Rentals Report a problem
    12/20/2025Listed for rent$6,900$1/sqft
    Source: Zillow Rentals Report a problem
    10/1/2024Sold$1,900,000-9.5%$265/sqft
    Source: Public Record Report a problem
    6/19/2024Listing removed--
    Source: CLAW #24-370329 Report a problem
    6/3/2024Listed for sale$2,100,000$293/sqft
    Source: CLAW #24-370329 Report a problem
    5/28/2024Contingent$2,100,000$293/sqft
    Source: CLAW #24-370329 Report a problem
    5/3/2024Price change$2,100,000-2.3%$293/sqft
    Source: CLAW #24-370329 Report a problem
    3/20/2024Listed for sale$2,150,000+19.4%$300/sqft
    Source: CLAW #24-370329 Report a problem
    6/8/2021Sold$1,800,000+318.6%$251/sqft
    Source: Public Record Report a problem
    11/8/2019Sold$430,000+309.5%$60/sqft
    Source: Public Record Report a problem
    12/17/1997Sold$105,000$15/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2026-- $1,938,000 +2%
    2025$23,446 -0.9%$1,900,000 -0.5%
    2024$23,663 +2%$1,910,173 +2%
    2023$23,208 -16.2%$1,872,720 -20.5%
    2022$27,687 +171.8%$2,356,200 +178%
    2021$10,187 +87.9%$847,667 +97.1%
    2020$5,420 $430,000 +173.2%
    2019$5,420 +176.4%$157,382 +2%
    2018$1,961 $154,297 -54.3%
    2017$1,961 -53.4%$337,620 +127.6%
    2016$4,207 +127.5%$148,308 +1.5%
    2015$1,850 +0.7%$146,081 +2%
    2014$1,837 $143,220 +2.5%
    2012-- $139,779 +2%
    2011-- $137,039 +0.8%
    2010-- $136,016 -0.2%
    2009-- $136,340 +2%
    2008-- $133,667 +2%
    2007-- $131,047 +2%
    2006-- $128,478
    2005-- $128,478 +4%
    2004-- $123,491 +1.9%
    2003-- $121,229 +2%
    2002-- $118,853 +4%
    2000-- $114,240
    Find assessor info on the county website

    Neighborhood: Boyle Heights

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $2,176,000
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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
    $2,176,000