2231 Rogers Ave, Los Angeles, CA 90023
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2231 Rogers Ave Los Angeles, CA 90023

$550,000 Sold Price as of 08/29/2023
  • 4 Beds
  • 0 Baths
  • 1,304 Sq.Ft.
Sold
$550,000 Sold Price as of 08/29/2023 Refinance Your Mortgage

Map preview of 2231 Rogers Ave, Los Angeles, CA 90023

Property Overview: 2231 Rogers Ave Los Angeles, CA has 4 bedrooms, -- bathrooms, 1,304 living square feet and 5,044 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Take a look at this quaint Two on a Lot property in Boyle Heights. The property consists of two Free standing houses with no attached walls and is individually metered for all utilities creating minimal operating expenses and low-cost management. Both properties are currently occupied by long-term tenants and there is considerable rental upside. Each house has the potential to create its own private yard, or nice common area. This is a great value-add investment for any new property owner, or first-time buyer with an extended family. Rogers Ave is located just off Whittier Blvd and walking distance to the new 6th Bridge that gives direct access to the Arts District and DTLA. This is a great opportunity to acquire a property in a up and coming market, at a very attractive price point. There’s significant upside for the experienced investor and also space for the new family to grow.

Listed by Justin McCardle | BRE #01895720 | Growth Investment Group Pasade
Last checked: 7 minutes ago | Last updated: August 29th, 2023 | Source CRMLS | DOM: 100

Home details

Lot Sq. Ft
5,044
HOA Dues
$0/mo
Year built
1946
Garage
--
Property Type:
Duplex
Status
Sold
MLS#
AR23084478
City
Los Angeles
County
Los Angeles
Time on Site
346 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 2
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 0
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $895
  • Total Rent: $895
  • Pro Forma/Market Rent: $1,950
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 0
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,503
  • Total Rent: $1,503
  • Pro Forma/Market Rent: $1,950
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $28,944
  • Net Operating Income: $18,463
  • Gross Operating Income: --
  • Other Income 1: $175
  • Other Income Description: SCEP Fees
Annual Expense Breakdown
  • Total Operating Expense: $9,782
  • New Taxes: $7,282
  • Trash: $0
  • Insurance: $2,500

Property Details for 2231 Rogers Ave

Interior Features
Laundry Information
  • Has Laundry
  • Inside
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: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 5183026008
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Just west off Soto, North of Whittier Blvd
Neighborhood Information
  • Community Features: Urban
View more facts & features

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Sale History for 2231 Rogers Ave

Last sold for $550,000 on August 29th, 2023
  • August, 2023

  • Aug 29, 2023

    Date

    Sold

    CRMLS: AR23084478

    $550,000

    Price

  • May 16, 2023

    Date

    Active

    CRMLS: AR23084478

    $599,000

    Price

  • May, 2009

  • May 21, 2009

    Date

    Sold (Public Records)

    Public Records

    $120,000

    Price

  • May, 2009

  • May 21, 2009

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 2231 Rogers Ave

Assessed Value (2020): $141,289
Year Land Value Improved Value Assessed Value
2020 $58,869 $82,420 $141,289

Home Value Compared to the Market

This property vs the competition

2231 Rogers Ave sold on August 29, 2023 for 49.66% lower 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 $459.36 per/sqft which puts the price per square foot 39.16% lower than the current median sale per square foot for the city of Los Angeles.

About 2231 Rogers Ave

Detailed summary of property

2231 Rogers Ave is a duplex that recently sold in Los Angeles, CA 90023. This duplex offered 4 bedrooms, -- bathrooms, roughly 1,304 living square feet, and sits on an approximately 5,044 square foot lot. 2231 Rogers Ave was first listed on ArdentRealEstateGroup.com on June 5, 2023. The homeowner sold the property for $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 49.66% lower than the current median priced home. Local homes that are currently for sale include 110 W 48th St, 424 E 61st Street and 134 W 60th St. While the average home in Los Angeles, CA is selling in 94 days, 2231 Rogers Ave has a days on market of 100 days. There are currently 3654 homes for sale in the Los Angeles real estate market and 2456 of them are single family homes while 1102 of them are condos and 90 are townhomes. For more information on this home for sale at 2231 Rogers Ave Los Angeles, CA 90023 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 2231 Rogers Ave

Public county record property details
Beds
2
Baths
2
Year built
1946
Sq. Ft.
1,304
Lot Size
5,043
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
8
APN
5183-026-008

The source for these homes facts are from public records.

90023 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$599,999
Median List Price/Sq.Ft.
$679
Median Sold Price
$660,000
Median Sold Price/Sq.Ft.
$448
Total Inventory
20
Median Sale to List Price %
99.25%
Avg Days on Market
6
Loan Type
Conventional (0%), FHA (60%), VA (0%), Cash (20%), Other (0%)

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Related Resources to 2231 Rogers Ave

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.