2641 Pomeroy Ave, Los Angeles, CA 90033
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2641 Pomeroy Ave Los Angeles, CA 90033

$945,988
  • 4 Beds
  • 4 Baths
  • 2,146 Sq.Ft.
For Sale
$945,988 Get Pre-Qualified

Map preview of 2641 Pomeroy Ave, Los Angeles, CA 90033

Property Overview: 2641 Pomeroy Ave Los Angeles, CA has 4 bedrooms, 4 bathrooms, 2,146 living square feet and 5,681 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: Location, Location, Location!!! This amazing Four-Unit Multifamily Building in Boyle Heights bordering City Terrace, has a stunning view of Downtown Los Angeles. This solid property is conveniently located to major freeways (10, 5, 101, 710, 60) and notable educational institutions such as USC University / Keck Hospital, Cal State Los Angeles and East Los Angeles College. The property is in a suburban neighborhood with low vacancy rates and is in a high demand area. This Fourplex features Four 1 Bedroom 1 Bath Units with ample parking on site. Each unit is metered individually for electricity. This generously sized property lends itself to the potential to increase income opportunity by adding an ADU.

Listed by David Schefres | BRE #01984846 | Better Homes and Gardens Real Estate
Last checked: 4 minutes ago | Last updated: May 26th, 2024 | Source CRMLS | DOM: 65
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Home details

Lot Sq. Ft
5,681
HOA Dues
$0/mo
Year built
1908
Garage
4 Car
Property Type:
Fourplex
Status
Active
MLS#
DW24094306
City
Los Angeles
County
Los Angeles
Time on Site
66 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 2
  • # of Leased Units: 4
  • # of Electric Meters: 4
  • # of Gas Meters: 1
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,025
  • Total Rent: $959
  • Pro Forma/Market Rent: $1,800
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,638
  • Total Rent: $1,638
  • Pro Forma/Market Rent: $1,800
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,506
  • Total Rent: $1,434
  • Pro Forma/Market Rent: $2,000
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,214
  • Total Rent: $1,157
  • Pro Forma/Market Rent: $2,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $5,188
  • Net Operating Income: $4,793
  • Gross Operating Income: --
  • # of Rented Garages: 1
  • Garage Rental Rate: $23
  • Garage Rental Income: $23
  • Laundry Income: $0
Annual Expense Breakdown
  • Total Operating Expense: $395
  • Gas/Fuel: $0
  • Trash: $0
  • Insurance: $1,400
  • Water/Sewer: $3,900

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Property Details for 2641 Pomeroy Ave

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Natural Gas
Laundry Information
  • Has Laundry
  • Common Area
Fireplace Information
  • No Fireplace
  • None
Kitchen Information
  • No Appliances
  • None
Interior Features
  • Levels: Two
  • Security Features: Smoke Detector(s)
Exterior Features
Exterior Information
  • Roof: Asbestos Shingle, Composition
  • Has Fence
  • Block
  • 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: 8
  • Has Parking
  • Parking Features: Assigned, Driveway, Concrete, Gravel, Garage Faces Front, Off Street
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: City Lights
  • Common Walls: No Common Walls
  • Total # of Units: 4
  • Parcel Number: 5177005012
  • Year Built Source: Public Records
  • Entry Level: 1
  • Foundation Details: Raised
  • Property is not Attached
  • Property Condition: Updated/Remodeled
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Private
  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected
Assessment Information
  • Has Assessments
  • Assessments: Buyer to Verify
Location / Neighborhood
Location Information
  • Directions: Coming from the 10 Freeway, exit Soto head west on Soto, left on Pomeroy Ave, the building is three block down on the left hand side
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
Neighborhood Information
  • Community Features: Curbs, Sidewalks, Street Lights
View more facts & features

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Sale History for 2641 Pomeroy Ave

Last sold for $705,000 on November 22nd, 2017
  • May, 2024

  • May 9, 2024

    Date

    Active

    CRMLS: DW24094306

    $9,459,988

    Price

  • May, 2024

  • May 1, 2024

    Date

    Expired

    CRMLS: MB23157612

    $949,998

    Price

  • Sep 5, 2023

    Date

    Active

    CRMLS: MB23157612

    $998,000

    Price

  • Listing provided courtesy of CRMLS

  • November, 2017

  • Nov 26, 2017

    Date

    Sold

    CRMLS: 17263466

    $705,000

    Price

  • Oct 5, 2017

    Date

    Pending

    CRMLS: 17263466

    $690,000

    Price

  • Aug 31, 2017

    Date

    Active Under Contract

    CRMLS: 17263466

    $690,000

    Price

  • Aug 23, 2017

    Date

    Active

    CRMLS: 17263466

    $690,000

    Price

  • Listing provided courtesy of CRMLS

    We are pleased to present for sale a four unit multifamily asset situated in the Boyle Heights enterprise zone. Conveniently located close to major freeways, the property is positioned in a suburban neighborhood with low vacancy rates. The subject property features an easy to maintain mixture of four 1 bedroom / 1 bath units with ample parking for each unit on site, in addition to brand new foundation, misc upgrades all throughout. and the possibility for 2 units to be delivered VACANT at COE. Each unit is metered individually for electricity. This property offers an opportunity to acquire a 4-unit value-add situation with over 30% upside. With over $3 billion in public improvements and 34% reduction in crime rates in 12 years, this property is central to the growth of its surrounding district.

  • November, 2017

  • Nov 22, 2017

    Date

    Sold (Public Records)

    Public Records

    $705,000

    Price

  • January, 2006

  • Jan 11, 2006

    Date

    Sold (Public Records)

    Public Records

    $390,000

    Price

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Tax History for 2641 Pomeroy Ave

Assessed Value (2020): $733,481
Year Land Value Improved Value Assessed Value
2020 $502,617 $230,864 $733,481

Home Value Compared to the Market

This property vs the competition

2641 Pomeroy Ave is listed 21.17% lower 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 $440.81 per/sqft which puts the price per square foot 42.97% lower than the median price per square foot for the city of Los Angeles.

About 2641 Pomeroy Ave

Detailed summary of property

2641 Pomeroy Ave is a fourplex located in Los Angeles, CA 90033 and is currently for sale. This fourplex offers 4 bedrooms, 4 bathrooms, roughly 2,146 living square feet, and sits on an approximately 5,681 square foot lot. 2641 Pomeroy Ave was first listed on ArdentRealEstateGroup.com on May 10, 2024. The homeowner is currently asking $945,988 and was originally asking $9,459,988. 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 21.17% lower than the median priced home. Local competing homes currently for sale include 673 N Boyle Ave, 954 Geraghty Ave and 505 S Chicago St. While the average home in Los Angeles, CA is selling in 101 days, 2641 Pomeroy Ave has a days on market of 65 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 2641 Pomeroy 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 2641 Pomeroy Ave

Public county record property details
Beds
4
Baths
4
Year built
1908
Sq. Ft.
2,146
Lot Size
5,684
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
36
APN
5177-005-012

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.