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2320 E 2nd St Los Angeles, CA 90033

$900,000 Sold Price as of 05/23/2019

8 Beds
5 Baths
4,278 Sq.Ft.

Sold

$900,000 Sold Price as of 05/23/2019 Refinance Your Mortgage

Map preview of 2320 E 2nd St, Los Angeles, CA 90033

Property Overview: 2320 E 2nd St Los Angeles, CA has 8 bedrooms, 5 bathrooms, 4,278 living square feet and 3,945 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: 5 Units Great Investment property in the heart of Boyle Heights right next to the metro, shops & restaurants. Also new construction in the area. No Vacancies 2 out of 5 of the units are upgraded. 2 single car garage, Long Term tenants.

Listed by Michelle Leblanc Gutierrez | BRE #01904987 | Juan C. Serrano, Broker

Last checked: 6 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 5

Home details

Lot Sq. Ft: 3,945
HOA Dues: $0/mo
Year built: 1930
Garage: 2 Car
Property Type:: Multi Family

Status: Sold
MLS#: PW19080275
City: Los Angeles
County: Los Angeles
Time on Site: 1222 days

Multi-Family Unit Breakdown

Unit Mix Summary

Total # of Units: 5
Total # of Buildings: 1
# of Electric Meters: 0
# of Gas Meters: 1
# of Water Meters: 2

Unit Breakdown 1

# of Units: 1
# of Beds: 2
# of Baths: 1
Garage Spaces: 1
Garaged Attached? No
Furnishing: Unfurnished
Actual Rent: $1,850
Total Rent: $1,850

Unit Breakdown 2

# of Units: 1
# of Beds: 2
# of Baths: 1
Garage Spaces: 1
Garaged Attached? No
Furnishing: Unfurnished
Actual Rent: $1,850
Total Rent: $1,850

Unit Breakdown 3

# of Units: 1
# of Beds: 2
# of Baths: 1
Garage Spaces: 0
Garaged Attached? No
Furnishing: Unfurnished
Actual Rent: $646
Total Rent: $646

Unit Breakdown 4

# of Units: 1
# of Beds: 1
# of Baths: 1
Garage Spaces: 0
Garaged Attached? No
Furnishing: Unfurnished
Actual Rent: $689
Total Rent: $689

Unit Breakdown 5

# of Units: 1
# of Beds: 1
# of Baths: 1
Garage Spaces: 0
Garaged Attached? No
Furnishing: Unfurnished
Actual Rent: $937
Total Rent: $937

Multi-Family Income/Expense Information

Property Income and Analysis

Gross Rent Multiplier: --
Gross Scheduled Income: $5,934
Net Operating Income: $57,400
Gross Operating Income: --

Annual Expense Breakdown

Total Operating Expense: $13,806
Electric: $1,254
Gas/Fuel: $0
New Taxes: $6,808
Trash: $714
Insurance: $3,106
Maintenance: $750
Professional Management: $0
Water/Sewer: $954

Property Details for 2320 E 2nd St

Interior Features

Laundry Information

No Laundry
None

Exterior Features

No Pool
Pool Features: None

Lot Details / Garage and Parking

Parking/Garage Information

# of Garage Spaces: 2
# of Parking Spaces: 2

Lot Information

Lot Features: 0-1 Unit/Acre
Lot Size Source: Assessor

Property Information

Common Walls: No Common Walls
Total # of Units: 5
Parcel Number: 5183010002
Year Built Source: Assessor
Property is not 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: Soto & 2nd St

Neighborhood Information

Community Features: Sidewalks

View more facts & features

Local Los Angeles Agent

Sale History for 2320 E 2nd St

Last sold for $900,000 on May 23rd, 2019

May, 2019
May 23, 2019

Date

Sold

CRMLS: PW19080275

$900,000

Price
Apr 26, 2019

Date

Pending

CRMLS: PW19080275

$879,000

Price
Apr 10, 2019

Date

Active

CRMLS: PW19080275

$879,000

Price
May, 2019
May 23, 2019

Date

Sold (Public Records)

Public Records

$900,000

Price
April, 2019
Apr 3, 2019

Date

Canceled

CRMLS: PW18281415

$879,999

Price
Jan 12, 2019

Date

Active

CRMLS: PW18281415

$879,999

Price
Dec 27, 2018

Date

Withdrawn

CRMLS: PW18281415

$879,999

Price
Nov 28, 2018

Date

Active

CRMLS: PW18281415

$879,999

Price
Listing provided courtesy of CRMLS

5 Units Great Investment property in the heart of Boyle Heights right next to the Metro, shops, restaurants & New construction in the area. No vacancies 3 out of the 5 units have been updated. 2 single car garage. Long term tenants.

Continue Reading
December, 2018
Dec 4, 2018

Date

Sold (Public Records)

Public Records

--

Price
November, 2018
Nov 28, 2018

Date

Canceled

CRMLS: PW18265564

$879,999

Price
Nov 3, 2018

Date

Active

CRMLS: PW18265564

$879,999

Price
Listing provided courtesy of CRMLS

5 Units Great Investment property in the heart of Boyle Height right next to the metro, shops & restaurant and New constructions in the area. No Vacancies. 3 out of the 5 units are updated. 2 Single car garage. Long term tenants.

Continue Reading

Tax History for 2320 E 2nd St

Assessed Value (2020): $918,000

Year	Land Value	Improved Value	Assessed Value
2020	$525,300	$392,700	$918,000

Home Value Compared to the Market

This property vs the competition

2320 E 2nd St sold on May 23, 2019 for 26.13% 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 $205.47 per/sqft which puts the price per square foot 72.79% lower than the current median sale per square foot for the city of Los Angeles.

About 2320 E 2nd St

Detailed summary of property

2320 E 2nd St is a multi family that recently sold in Los Angeles, CA 90033. This multi family property offered 8 bedrooms, 5 bathrooms, roughly 4,278 living square feet, and sits on an approximately 3,945 square foot lot. 2320 E 2nd St was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $900,000. 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 26.13% lower than the current median priced home. Local homes that are currently for sale include 2530 Ganahl St, 3035 Winter St and 3035 Winter St. While the average home in Los Angeles, CA is selling in 92 days, 2320 E 2nd St has a days on market of 5 days. There are currently 3712 homes for sale in the Los Angeles real estate market and 2493 of them are single family homes while 1120 of them are condos and 93 are townhomes. For more information on this home for sale at 2320 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 2320 E 2nd St

Public county record property details

Beds: 8
Baths: 5
Year built: 1930
Sq. Ft.: 4,278
Lot Size: 3,944
Stories: --

Type: Apartment House (5+ Units)
Pool: No
Spa: No
County: Los Angeles
Lot#: 1,2
APN: 5183-010-002

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

$778,000

Median List Price/Sq.Ft.

$520

Median Sold Price

Median Sold Price/Sq.Ft.

Total Inventory

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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(714) 706-1823

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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.