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2018 E 2nd St, Los Angeles, CA 90033
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2018 E 2nd St Los Angeles, CA 90033

$900,000 Sold Price as of 12/16/2021
  • 6 Beds
  • 2 Baths
  • 1,872 Sq.Ft.
Sold
$900,000 Sold Price as of 12/16/2021 Refinance Your Mortgage
Map preview of 2018 E 2nd St, Los Angeles, CA 90033

Property Overview: 2018 E 2nd St Los Angeles, CA has 6 bedrooms, 2 bathrooms, 1,872 living square feet and 7,426 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Two units situated in PRIME Boyle Heights consisting of 3bed/1bath each. Built in 1997 this property is NOT subject to RSO. Both units are fully remodeled featuring brand new wood vinyl floors, new kitchen & bathroom cabinets, brand new stackable washer/dryers, and new paint throughout. Both tenants are current on rents. Separate two car garage with plenty of open space parking for up to 4 more cars. Huge open space backyard behind garage with potential to add up to 2 more units or ADU's. Property is accessible via front driveway and alley in rear. 4.5% CAP at current rents with upside. Walking distance to Mariachi Plaza, Metro, and Hollenbeck Park leading to the NEW 6th Street Bridge slated to open Summer of 2022.

Listed by Jesse Stamps | BRE #01412557 | Keller Williams Beverly Hills
Last checked: 11 minutes ago | Last updated: July 28th, 2022 | Source CRMLS | DOM: 1

Home details

Lot Sq. Ft
7,426
HOA Dues
$0/mo
Year built
1997
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
21106367
City
Los Angeles
County
Los Angeles
Time on Site
990 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,450
  • Total Rent: $2,450
  • Pro Forma/Market Rent: $2,750
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,450
  • Total Rent: $2,450
  • Pro Forma/Market Rent: $2,750
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 15.31
  • Gross Scheduled Income: --
  • Net Operating Income: $41,160
  • Gross Operating Income: $58,800
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 2018 E 2nd St

Interior Features
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Washer Included, Dryer Included, Stackable
Room Information
  • Flooring: Vinyl
Kitchen Information
  • Has Appliances
  • Dishwasher, Refrigerator
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 6
  • Has Parking
  • Parking Features: Garage - Two Door, Private, Gated, Assigned
Property Information
  • Total # of Units: 2
  • Parcel Number: 5183011025
Location / Neighborhood
Location Information
  • Directions: West of Soto St, between 1st St & 4th St
View more facts & features

Local Los Angeles Agent

Sale History for 2018 E 2nd St

Last sold for $900,000 on December 16th, 2021

  • December, 2021

  • Dec 16, 2021

    Date

    Sold

    CRMLS: 21106367

    $900,000

    Price

  • Nov 15, 2021

    Date

    Active

    CRMLS: 21106367

    $900,000

    Price

  • April, 2019

  • Apr 7, 2019

    Date

    Sold

    CRMLS: DW19018727

    $625,000

    Price

  • Feb 25, 2019

    Date

    Pending

    CRMLS: DW19018727

    $625,000

    Price

  • Feb 19, 2019

    Date

    Active

    CRMLS: DW19018727

    $625,000

    Price

  • Jan 29, 2019

    Date

    Pending

    CRMLS: DW19018727

    $625,000

    Price

  • Jan 25, 2019

    Date

    Active

    CRMLS: DW19018727

    $625,000

    Price

  • Listing provided courtesy of CRMLS

    Great opportunity for investors or owner occupant, 2 unit building 3 bedroom 1 bath each top unit has been recently remodeled and the bottom one needs work. Plenty of parking, 2 car garage and plenty of room behind of garage for playground or extra parking. Must see to appreciate this building.

  • April, 2019

  • Apr 4, 2019

    Date

    Sold (Public Records)

    Public Records

    $625,000

    Price

  • September, 2007

  • Sep 12, 2007

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 2018 E 2nd St

Assessed Value (2020): $637,500
Year Land Value Improved Value Assessed Value
2020 $446,760 $190,740 $637,500

Home Value Compared to the Market

This property vs the competition

2018 E 2nd St sold on December 16, 2021 for 19.64% lower than the current median sold price for the city of Los Angeles which is $1,120,000. The median sold price per/sqft for Los Angeles is $724 and this home is sold at $480.77 per/sqft which puts the price per square foot 33.6% lower than the current median sale per square foot for the city of Los Angeles.

About 2018 E 2nd St

Detailed summary of property

2018 E 2nd St is a multi family that recently sold in Los Angeles, CA 90033. This multi family property offered 6 bedrooms, 2 bathrooms, roughly 1,872 living square feet, and sits on an approximately 7,426 square foot lot. 2018 E 2nd St was first listed on ArdentRealEstateGroup.com on January 3, 2022. The homeowner sold the property for $900,000. Home in Los Angeles are selling for a median price of $1,120,000 and a median price per square foot of $724. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 19.64% lower than the current median priced home. Local homes that are currently for sale include 2811 Cincinnati St, 818 N Fickett and 818 N Fickett. While the average home in Los Angeles, CA is selling in 106 days, 2018 E 2nd St has a days on market of 1 days. There are currently 4052 homes for sale in the Los Angeles real estate market and 2782 of them are single family homes while 1148 of them are condos and 116 are townhomes. For more information on this home for sale at 2018 E 2nd St 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 2018 E 2nd St

Public county record property details
Beds
6
Baths
2
Year built
1997
Sq. Ft.
1,872
Lot Size
7,425
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
6
APN
5183-011-025

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
$749,000
Median List Price/Sq.Ft.
$444
Median Sold Price
$660,000
Median Sold Price/Sq.Ft.
$700
Total Inventory
8
Median Sale to List Price %
96.35%
Avg Days on Market
30
Loan Type
Conventional (40%), FHA (0%), VA (0%), Cash (20%), Other (40%)

Thinking of Selling?

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Thinking of Selling?
Call, Text or Message
(714) 706-1823

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Recently Sold Homes Near 2018 E 2nd St

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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.

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