206 S Boyle Ave, Los Angeles, CA 90033
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206 S Boyle Ave Los Angeles, CA 90033

$1,550,000 Sold Price as of 09/28/2021
  • 12 Beds
  • 6 Baths
  • 4,454 Sq.Ft.
Sold
$1,550,000 Sold Price as of 09/28/2021 Refinance Your Mortgage

Map preview of 206 S Boyle Ave, Los Angeles, CA 90033

Property Overview: 206 S Boyle Ave Los Angeles, CA has 12 bedrooms, 6 bathrooms, 4,454 living square feet and 5,849 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Prime Boyle Heights location. All two bedroom building with 50% of the units renovated. Over 40% upside in rents for a potential 7% cap rate. Walking distance to Metro Gold Line and nearby parks. Walk score of 91.

Listed by Hooman Emanuel | BRE #01200237 | Keller Williams Studio City
Last checked: 16 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 76

Home details

Lot Sq. Ft
5,849
HOA Dues
$0/mo
Year built
1966
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
21722164
City
Los Angeles
County
Los Angeles
Time on Site
1092 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 6
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 6
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,581
  • Total Rent: $9,484
  • Pro Forma/Market Rent: $13,578
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 14.45
  • Gross Scheduled Income: --
  • Net Operating Income: $67,936
  • Gross Operating Income: $110,791
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 206 S Boyle Ave

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Wall Furnace
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Carport
Property Information
  • Total # of Units: 6
  • Parcel Number: 5174018020
Location / Neighborhood
Location Information
  • Directions: On Boyle Avenue just south of 2nd Street.
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Sale History for 206 S Boyle Ave

Last sold for $1,550,000 on September 28th, 2021
  • July, 2021

  • Jul 9, 2021

    Date

    Active Under Contract

    CRMLS: 21722164

    $1,595,000

    Price

  • Jun 17, 2021

    Date

    Price Change

    CRMLS: 21722164

    $1,595,000

    Price

  • Apr 22, 2021

    Date

    Active

    CRMLS: 21722164

    $1,650,000

    Price

  • February, 2017

  • Feb 22, 2017

    Date

    Sold (Public Records)

    Public Records

    $1,206,500

    Price

  • September, 2007

  • Sep 14, 2007

    Date

    Sold (Public Records)

    Public Records

    $660,000

    Price

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Tax History for 206 S Boyle Ave

Assessed Value (2020): $1,280,116
Year Land Value Improved Value Assessed Value
2020 $749,212 $530,904 $1,280,116

Home Value Compared to the Market

This property vs the competition

206 S Boyle Ave sold on September 28, 2021 for 34.03% higher than the current median sold price for the city of Los Angeles which is $1,190,000. The median sold price per/sqft for Los Angeles is $755 and this home is sold at $358.11 per/sqft which puts the price per square foot 52.57% lower than the current median sale per square foot for the city of Los Angeles.

About 206 S Boyle Ave

Detailed summary of property

206 S Boyle Ave is a multi family that recently sold in Los Angeles, CA 90033. This multi family property offered 12 bedrooms, 6 bathrooms, roughly 4,454 living square feet, and sits on an approximately 5,849 square foot lot. 206 S Boyle Ave was first listed on ArdentRealEstateGroup.com on May 13, 2021. The homeowner sold the property for $1,550,000. Home in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 34.03% higher than the current median priced home. Local homes that are currently for sale include 3641 Lanfranco St, 3680 E 5th St and 3213 Huron St. While the average home in Los Angeles, CA is selling in 94 days, 206 S Boyle Ave has a days on market of 76 days. There are currently 3580 homes for sale in the Los Angeles real estate market and 2422 of them are single family homes while 1059 of them are condos and 93 are townhomes. For more information on this home for sale at 206 S Boyle 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 206 S Boyle Ave

Public county record property details
Beds
12
Baths
6
Year built
1966
Sq. Ft.
4,454
Lot Size
5,849
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
4
APN
5174-018-020

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
$800,000
Median List Price/Sq.Ft.
$520
Median Sold Price
--
Median Sold Price/Sq.Ft.
--
Total Inventory
11
Median Sale to List Price %
--
Avg Days on Market
--
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.