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2718 Cincinnati St Los Angeles, CA 90033

$1,139,000 Sold Price as of 06/18/2019

9 Beds
6 Baths
4,241 Sq.Ft.

Sold

$1,139,000 Sold Price as of 06/18/2019 Refinance Your Mortgage

Map preview of 2718 Cincinnati St, Los Angeles, CA 90033

Property Overview: 2718 Cincinnati St Los Angeles, CA has 9 bedrooms, 6 bathrooms, 4,241 living square feet and 5,929 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: THE NEW CONSTRUCTION EXPERTS are Pleased to present this stunning 3 unit building in PRIME Boyle Heights. Comprised of a SINGLE FAMILY home in the back of the lot renting for 2,500 dollars per month and a DUPLEX on the front of the lot each renting for 2,295 dollars and 2,195 dollars. BUILT IN 2015. Super close to DTLA and major shopping and entertainment. Priced to sell. PLEASE DO NOT WALK THE PROPERTY OR TALK TO TENANTS. All rents are actual and verified. Broker/Agent does not guarantee accuracy of square footage, lot size, zoning, rent control, permits, use code, schools and/or other information concerning the conditions or features of the property provided by the seller or obtained from public records or other sources. Buyer is advised to independently verify the accuracy of all information through personal inspection and with appropriate professionals.

Listed by Ilan Rozenfeld | BRE #01257598 | Power Brokers International
Co-listed by Don Greene | BRE #01174401 | Sotheby's International Realty

Last checked: 14 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 9

Home details

Lot Sq. Ft: 5,929
HOA Dues: $0/mo
Year built: 2015
Garage: --
Property Type:: Multi Family

Status: Sold
MLS#: 19461056
City: Los Angeles
County: Los Angeles
Time on Site: 1220 days

Multi-Family Unit Breakdown

Unit Mix Summary

Total # of Units: 3
Total # of Buildings: 2

Unit Breakdown 1

# of Units: 1
# of Beds: 3
# of Baths: 2
Furnishing: Unfurnished
Actual Rent: $2,175
Total Rent: $2,175
Pro Forma/Market Rent: $2,650

Unit Breakdown 2

# of Units: 1
# of Beds: 3
# of Baths: 2
Furnishing: Unfurnished
Actual Rent: $2,295
Total Rent: $2,295
Pro Forma/Market Rent: $2,650

Unit Breakdown 3

# of Units: 1
# of Beds: 3
# of Baths: 2
Furnishing: Unfurnished
Actual Rent: $2,500
Total Rent: $2,500
Pro Forma/Market Rent: $3,000

Multi-Family Income/Expense Information

Property Income and Analysis

Cap Rate: 5.4%
Gross Rent Multiplier: 13.7
Gross Scheduled Income: --
Net Operating Income: $62,730
Gross Operating Income: $83,640
Improvements Total: $445,923

Annual Expense Breakdown

Total Operating Expense: --
Insurance: $1,500

Property Details for 2718 Cincinnati St

Interior Features

Laundry Information

Has Laundry
See Remarks

Lot Details / Garage and Parking

Property Information

Total # of Units: 3
Parcel Number: 5177032017

Location / Neighborhood

Location Information

Directions: Google maps

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Local Los Angeles Agent

Sale History for 2718 Cincinnati St

Last sold for $1,139,000 on June 18th, 2019

June, 2019
Jun 19, 2019

Date

Sold

CRMLS: 19461056

$1,139,000

Price
May 10, 2019

Date

Active Under Contract

CRMLS: 19461056

$1,149,000

Price
May 1, 2019

Date

Active

CRMLS: 19461056

$1,149,000

Price
June, 2019
Jun 18, 2019

Date

Sold (Public Records)

Public Records

$1,139,000

Price
April, 2016
Apr 11, 2016

Date

Sold (Public Records)

Public Records

--

Price
March, 2014
Mar 14, 2014

Date

Price Change

CRMLS: P0-214010167

$189,000

Price
Listing provided courtesy of CRMLS

Charming Bungalow in the Boyle Heights area of Los Angeles. Long time occupants. Public records show one bedroom. Buyer to satisfy self. Probate sale sold in its as is conditon.

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Tax History for 2718 Cincinnati St

Assessed Value (2020): $1,161,780

Year	Land Value	Improved Value	Assessed Value
2020	$685,440	$476,340	$1,161,780

Home Value Compared to the Market

This property vs the competition

2718 Cincinnati St sold on June 18, 2019 for 3.45% 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 $270.93 per/sqft which puts the price per square foot 64.12% lower than the current median sale per square foot for the city of Los Angeles.

About 2718 Cincinnati St

Detailed summary of property

2718 Cincinnati St is a multi family that recently sold in Los Angeles, CA 90033. This multi family property offered 9 bedrooms, 6 bathrooms, roughly 4,241 living square feet, and sits on an approximately 5,929 square foot lot. 2718 Cincinnati St was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $1,139,000. 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 3.45% lower than the current median priced home. Local homes that are currently for sale include 929 N Rowan Ave, 927 Camulos St and 3538 City Terrace Dr. While the average home in Los Angeles, CA is selling in 94 days, 2718 Cincinnati St has a days on market of 9 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 2718 Cincinnati 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 2718 Cincinnati St

Public county record property details

Beds: 10
Baths: 9
Year built: 2015
Sq. Ft.: 4,241
Lot Size: 5,928
Stories: --

Type: Triplex (3 Units, Any Combination)
Pool: No
Spa: No
County: Los Angeles
Lot#: 16
APN: 5177-032-017

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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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.