2607 Pennsylvania Ave, Los Angeles, CA 90033
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2607 Pennsylvania Ave Los Angeles, CA 90033

$2,150,000
  • 9 Beds
  • 6 Baths
  • 4,492 Sq.Ft.
For Sale
$2,150,000 Get Pre-Qualified

Map preview of 2607 Pennsylvania Ave, Los Angeles, CA 90033

Property Overview: 2607 Pennsylvania Ave Los Angeles, CA has 9 bedrooms, 6 bathrooms, 4,492 living square feet and 5,418 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: Boyle Heights. Do not loose the opportunity to invest in a property of this kind 6 units with 3 upgraded move in condition vacant yes vacant 3 bedroom 2 bathrooms inside laundry Air Conditioner, 2 bedrooms 1 bath split level AC and 1 bedroom 1 bath split level AC ready to be rented or offered as AirBnBjust for maximum income potential only a few steps from the Metro station and public Bus transaportation. Two of the 3 remaining tenants are open for a cash for keys agreement.

Listed by Juven Zapata | BRE #00775443 | Metro District Realty
Last checked: 8 minutes ago | Last updated: July 2nd, 2024 | Source CRMLS | DOM: 74
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Home details

Lot Sq. Ft
5,418
HOA Dues
$0/mo
Year built
1963
Garage
4 Car
Property Type:
Multi Family
Status
Active
MLS#
P1-17480
City
Los Angeles
County
Los Angeles
Time on Site
74 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 6
  • Total # of Buildings: 1
  • # of Electric Meters: 6
  • # of Gas Meters: 6
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: --
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $3,200
Unit Breakdown 2
  • # of Units: --
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $4,500
Unit Breakdown 3
  • # of Units: --
  • # of Beds: 1
  • # of Baths: 1
  • Actual Rent: $832
  • Total Rent: --
  • Pro Forma/Market Rent: $2,200
Unit Breakdown 4
  • # of Units: --
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,200
Unit Breakdown 5
  • # of Units: --
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $624
  • Total Rent: --
  • Pro Forma/Market Rent: $2,200
Unit Breakdown 6
  • # of Units: --
  • # of Beds: 1
  • # of Baths: --
  • Furnishing: Unfurnished
  • Actual Rent: $450
  • Total Rent: --
  • Pro Forma/Market Rent: $2,200
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $0
  • Net Operating Income: $0
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $0
  • Trash: $0
  • Insurance: $0
  • Professional Management: $0

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Property Details for 2607 Pennsylvania Ave

Interior Features
Cooling Information
  • Has Cooling
  • Central Air, Ductless
Heating Information
  • Has Heating
  • Forced Air, Ductless
Laundry Information
  • Has Laundry
  • Community, See Remarks, Inside
Fireplace Information
  • No Fireplace
  • None
Kitchen Information
  • No Appliances
  • None
Exterior Features
Exterior Information
  • Has Fence
  • Wrought Iron
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 5
  • Has Parking
  • Parking Features: Garage Faces Rear, On Site
Lot Information
  • Lot Features: Sprinklers None
Property Information
  • No View
  • View: None
  • Common Walls: No Common Walls
  • Total # of Units: 6
  • Parcel Number: 5180010021
  • Year Built Source: Assessor
  • Architectural Style: Contemporary
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Assessment Information
  • No Assessments
  • Assessments: None
Location / Neighborhood
Location Information
  • Subdivision Name: Not Applicable
  • Directions: East of Soto St West of Mott St N of First St South of Cesar E Chavez
Neighborhood Information
  • Community Features: Curbs, Sidewalks, Street Lights
View more facts & features

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Sale History for 2607 Pennsylvania Ave

Last sold for $999,000 on April 3rd, 2023
  • May, 2024

  • May 2, 2024

    Date

    Active

    CRMLS: P1-17480

    $2,300,000

    Price

  • April, 2023

  • Apr 3, 2023

    Date

    Sold

    CRMLS: PW23026154

    $999,000

    Price

  • Feb 14, 2023

    Date

    Active

    CRMLS: PW23026154

    $999,000

    Price

  • Listing provided courtesy of CRMLS

    100% occupied 6 unit building in Hot Boyle Heights area just minutes away from Downtown and Arts District. Building is only a 6 minute walk to the metro station and convenient for shopping and employment. Individually metered for gas and electricity and includes 2 garages with 2 car parking per garage with alley access. Property has been retrofitted .

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Tax History for 2607 Pennsylvania Ave

Assessed Value (2020): $123,025
Year Land Value Improved Value Assessed Value
2020 $20,601 $102,424 $123,025

Home Value Compared to the Market

This property vs the competition

2607 Pennsylvania Ave is listed 79.17% higher than the median list price for the city of Los Angeles which has a median list price of $1,200,000. The median price per/sqft for Los Angeles is $773 and this home is listed at $478.63 per/sqft which puts the price per square foot 38.08% lower than the median price per square foot for the city of Los Angeles.

About 2607 Pennsylvania Ave

Detailed summary of property

2607 Pennsylvania Ave is a multi family located in Los Angeles, CA 90033 and is currently for sale. This multi family property offers 9 bedrooms, 6 bathrooms, roughly 4,492 living square feet, and sits on an approximately 5,418 square foot lot. 2607 Pennsylvania Ave was first listed on ArdentRealEstateGroup.com on May 2, 2024. The homeowner is currently asking $2,150,000 and was originally asking $2,300,000. The median priced home in Los Angeles is $1,200,000 with a median price per square foot of $773. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 79.17% higher than the median priced home. Local competing homes currently for sale include 965 S Vancouver Ave, 5506 Valley Blvd and 1128 E 28th St. While the average home in Los Angeles, CA is selling in 101 days, 2607 Pennsylvania Ave has a days on market of 74 days. There are currently 4052 homes for sale in the Los Angeles real estate market and 2723 of them are single family homes while 1208 of them are condos and 114 are townhomes. For more information on this home for sale at 2607 Pennsylvania 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 2607 Pennsylvania Ave

Public county record property details
Beds
9
Baths
7
Year built
1963
Sq. Ft.
4,492
Lot Size
5,418
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
2,4-5
APN
5180-010-021

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
$700,000
Median List Price/Sq.Ft.
$555
Median Sold Price
$995,000
Median Sold Price/Sq.Ft.
$407
Total Inventory
13
Median Sale to List Price %
100%
Avg Days on Market
12
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.