2007 Pennsylvania Ave, Los Angeles, CA 90033
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2007 Pennsylvania Ave Los Angeles, CA 90033

$1,300,000
  • 6 Beds
  • 6 Baths
  • 3,184 Sq.Ft.
For Sale
$1,300,000 Get Pre-Qualified

Map preview of 2007 Pennsylvania Ave, Los Angeles, CA 90033

Property Overview: 2007 Pennsylvania Ave Los Angeles, CA has 6 bedrooms, 6 bathrooms, 3,184 living square feet and 8,889 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: An opportunity of a lifetime to own an Income property in this 241-year-old historical Los Angeles community. This 6- unit 6 bedrooms 1 bath each. With with washer and dryer hook ups. Easy accesses to major freeway's such as the 5 and 10 and 101.Boyle Heights mix of history and trendy coffee shops, Restaurants, art and music creates a high demand for renter's desire to live with the community being 75% of residence are renters Property has a brand-new roof. The signs of gentrification are clear as new development and companies moving into the area.

Listed by Amparo Gastelum | BRE #01701696 | Max Real Estate
Last checked: 8 minutes ago | Last updated: July 1st, 2024 | Source CRMLS | DOM: 133
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Home details

Lot Sq. Ft
8,889
HOA Dues
$0/mo
Year built
1922
Garage
--
Property Type:
Mixed Use
Status
Active
MLS#
DW24046404
City
Los Angeles
County
Los Angeles
Time on Site
133 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 6
  • Total # of Buildings: 2
  • # of Electric Meters: 6
  • # of Gas Meters: 6
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,248
  • Total Rent: $1,248
  • Pro Forma/Market Rent: $1,800
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,297
  • Total Rent: $1,297
  • Pro Forma/Market Rent: $1,800
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $817
  • Total Rent: $817
  • Pro Forma/Market Rent: $1,800
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $679
  • Total Rent: $679
  • Pro Forma/Market Rent: $1,800
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,560
  • Total Rent: $1,560
  • Pro Forma/Market Rent: $1,800
Unit Breakdown 6
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,113
  • Total Rent: $1,113
  • Pro Forma/Market Rent: $1,800
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $80,605
  • Net Operating Income: $80,605
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $43,000
  • Electric: $0
  • Gas/Fuel: $0
  • Trash: $6,000
  • Insurance: $31,812
  • Professional Management: $0
  • Water/Sewer: $6,000

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Property Details for 2007 Pennsylvania Ave

Interior Features
Laundry Information
  • Has Laundry
  • Gas & Electric Dryer Hookup
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: 2-5 Units/Acre
  • Lot Size Source: Assessor
  • Common Interest: Community Apartment
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 6
  • Parcel Number: 5183007027
  • Year Built Source: Assessor
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: San Luis And 1st
Neighborhood Information
  • Community Features: Curbs
View more facts & features

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Sale History for 2007 Pennsylvania Ave

Last sold on July 15th, 2014
  • March, 2024

  • Mar 6, 2024

    Date

    Active

    CRMLS: DW24046404

    $1,395,000

    Price

  • July, 2014

  • Jul 15, 2014

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 2007 Pennsylvania Ave

Assessed Value (2020): $95,504
Year Land Value Improved Value Assessed Value
2020 $45,814 $49,690 $95,504

Home Value Compared to the Market

This property vs the competition

2007 Pennsylvania Ave is listed 8.33% higher than the median list price for the city of Los Angeles which has a median list price of $1,200,000. The median price per/sqft for Los Angeles is $773 and this home is listed at $408.29 per/sqft which puts the price per square foot 47.18% lower than the median price per square foot for the city of Los Angeles.

About 2007 Pennsylvania Ave

Detailed summary of property

2007 Pennsylvania Ave is a mixed use located in Los Angeles, CA 90033 and is currently for sale. This mixed use property offers 6 bedrooms, 6 bathrooms, roughly 3,184 living square feet, and sits on an approximately 8,889 square foot lot. 2007 Pennsylvania Ave was first listed on ArdentRealEstateGroup.com on March 7, 2024. The homeowner is currently asking $1,300,000 and was originally asking $1,395,000. The median priced home in Los Angeles is $1,200,000 with a median price per square foot of $773. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 8.33% higher than the median priced home. Local competing homes currently for sale include 5423 Dairy Ave, 2408 E 17th St and 1380 Cherry Ave. While the average home in Los Angeles, CA is selling in 101 days, 2007 Pennsylvania Ave has a days on market of 133 days. There are currently 4052 homes for sale in the Los Angeles real estate market and 2723 of them are single family homes while 1208 of them are condos and 114 are townhomes. For more information on this home for sale at 2007 Pennsylvania Ave Los Angeles, CA 90033 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 2007 Pennsylvania Ave

Public county record property details
Beds
6
Baths
6
Year built
1922
Sq. Ft.
3,184
Lot Size
8,888
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
2,9
APN
5183-007-027

The source for these homes facts are from public records.

90033 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$700,000
Median List Price/Sq.Ft.
$568
Median Sold Price
$995,000
Median Sold Price/Sq.Ft.
$407
Total Inventory
13
Median Sale to List Price %
100%
Avg Days on Market
12
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (0%), Other (0%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.