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2430 Houston St, Los Angeles, CA 90033
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2430 Houston St Los Angeles, CA 90033

$1,590,000
  • 8 Beds
  • 6 Baths
  • 3,170 Sq.Ft.
For Sale
$1,590,000 Get Pre-Qualified
Map preview of 2430 Houston St, Los Angeles, CA 90033

Property Overview: 2430 Houston St Los Angeles, CA has 8 bedrooms, 6 bathrooms, 3,170 living square feet and 7,004 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: Presenting an exceptional investment prospect nestled in the heart of Boyle Heights: a meticulously maintained four-unit income property showcasing beautifully renovated bungalows. Each unit boasts in-unit laundry facilities, ample parking, and the added convenience of air conditioning. Enhanced with premium finishes and fixtures, these thoughtfully designed residences offer contemporary living spaces tailored to meet the needs of today's tenants. Beyond the property's inherent charm lies its unparalleled location, affording effortless access to nearby shops and dining establishments, making it an ideal choice for those desiring a vibrant urban lifestyle. Whether you're a seasoned investor or just entering the market, this income property assures robust rental potential and enduring financial benefits. Your journey towards becoming a prosperous real estate investor commences here seize this opportunity today!

Listed by Robert Fields | BRE #02080346 | Compass
Co-listed by Lauren Biedenharn | BRE #01955597 | Compass
Last checked: 1 minute ago | Last updated: April 22nd, 2024 | Source CRMLS | DOM: 55
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Home details

Lot Sq. Ft
7,004
HOA Dues
$0/mo
Year built
1906
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
24368325
City
Los Angeles
County
Los Angeles
Time on Site
59 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $3,500
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $2,900
  • Total Rent: $2,900
  • Pro Forma/Market Rent: $3,500
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,100
  • Total Rent: $2,100
  • Pro Forma/Market Rent: $2,400
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,400
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 5.37%
  • Gross Rent Multiplier: 13.14
  • Gross Scheduled Income: --
  • Net Operating Income: $86,772
  • Gross Operating Income: $130,800
Annual Expense Breakdown
  • Total Operating Expense: --

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Property Details for 2430 Houston St

Interior Features
Heating Information
  • Has Heating
  • Forced Air
Laundry Information
  • Has Laundry
  • Washer Included, Dryer Included
Kitchen Information
  • Has Appliances
  • Dishwasher, Disposal
Interior Features
  • Levels: One
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 6
  • Has Parking
  • Parking Features: Assigned
Lot Information
  • Lot Size Source: Other
Property Information
  • No View
  • View: None
  • Total # of Units: 4
  • Parcel Number: 5177021007
  • Architectural Style: Bungalow
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: Google maps - North on Soto turn right (East) onto Houston
View more facts & features

Local Los Angeles Agent

Sale History for 2430 Houston St

Last sold for $245,000 on November 27th, 1996

  • March, 2024

  • Mar 13, 2024

    Date

    Canceled

    CRMLS: 23338181

    $1,595,000

    Price

  • Dec 11, 2023

    Date

    Active

    CRMLS: 23338181

    $1,595,000

    Price

  • Listing provided courtesy of CRMLS

    Introducing a remarkable investment opportunity in the heart of Boyle Heights a meticulously maintained four-unit income property featuring beautifully remodeled bungalows, each equipped with in-unit laundry, ample parking, and the comfort of air conditioning. With high-quality finishes and fixtures, these well-designed units offer contemporary living spaces that cater to the modern tenant. Beyond the property's charm lies its unbeatable location, providing easy access to nearby shops and eateries, making it an ideal destination for those seeking a vibrant urban lifestyle. Whether you're an experienced investor or new to the game, this income property promises strong rental potential and long-term financial rewards. Your future as a successful real estate investor begins here seize this opportunity today!

  • March, 2024

  • Mar 13, 2024

    Date

    Active

    CRMLS: 24368325

    $1,590,000

    Price

  • December, 2023

  • Dec 3, 2023

    Date

    Canceled

    CRMLS: 23311017

    $1,599,000

    Price

  • Sep 19, 2023

    Date

    Active

    CRMLS: 23311017

    $1,599,000

    Price

  • Listing provided courtesy of CRMLS

    Introducing a remarkable investment opportunity in the heart of Boyle Heights a meticulously maintained four-unit income property featuring beautifully remodeled bungalows, each equipped with in-unit laundry, ample parking, and the comfort of air conditioning. With high-quality finishes and fixtures, these well-designed units offer contemporary living spaces that cater to the modern tenant. Beyond the property's charm lies its unbeatable location, providing easy access to nearby shops and eateries, making it an ideal destination for those seeking a vibrant urban lifestyle. Whether you're an experienced investor or new to the game, this income property promises strong rental potential and long-term financial rewards. Your future as a successful real estate investor begins here seize this opportunity today!

  • November, 1996

  • Nov 27, 1996

    Date

    Sold (Public Records)

    Public Records

    $245,000

    Price

  • August, 1996

  • Aug 15, 1996

    Date

    Sold (Public Records)

    Public Records

    $115,000

    Price

Show More

Tax History for 2430 Houston St

Assessed Value (2020): $365,303
Year Land Value Improved Value Assessed Value
2020 $148,913 $216,390 $365,303

Home Value Compared to the Market

This property vs the competition

2430 Houston St is listed 27.3% higher than the median list price for the city of Los Angeles which has a median list price of $1,249,000. The median price per/sqft for Los Angeles is $774 and this home is listed at $501.58 per/sqft which puts the price per square foot 35.2% lower than the median price per square foot for the city of Los Angeles.

About 2430 Houston St

Detailed summary of property

2430 Houston St is a multi family located in Los Angeles, CA 90033 and is currently for sale. This multi family property offers 8 bedrooms, 6 bathrooms, roughly 3,170 living square feet, and sits on an approximately 7,004 square foot lot. 2430 Houston St was first listed on ArdentRealEstateGroup.com on March 13, 2024. The homeowner is currently asking $1,590,000. The median priced home in Los Angeles is $1,249,000 with a median price per square foot of $774. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 27.3% higher than the median priced home. Local competing homes currently for sale include 3641 Lanfranco St, 945 Record Ave and 3900 Berenice Pl. While the average home in Los Angeles, CA is selling in 93 days, 2430 Houston St has a days on market of 55 days. There are currently 3618 homes for sale in the Los Angeles real estate market and 2437 of them are single family homes while 1084 of them are condos and 92 are townhomes. For more information on this home for sale at 2430 Houston 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 2430 Houston St

Public county record property details
Beds
6
Baths
3
Year built
1906
Sq. Ft.
3,170
Lot Size
7,004
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
6
APN
5177-021-007

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.

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