2942 E 2Nd St, Los Angeles, CA 90033
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2942 E 2Nd St Los Angeles, CA 90033

$850,000
  • 7 Beds
  • 0 Baths
  • 2,402 Sq.Ft.
For Sale
$850,000 Get Pre-Qualified

Map preview of 2942 E 2Nd St, Los Angeles, CA 90033

Property Overview: 2942 E 2Nd St Los Angeles, CA has 7 bedrooms, -- bathrooms, 2,402 living square feet and 5,251 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: The front 3 bedroom house is comfortable and spacious. The property is centrally located in the heart of Boyle Heights. The driveways can accommodate 3-4 cars. There is pedestrian alley access. The property is near railways, buses, and freeways. The Metro railway is about 7 blocks away. This property recently had a City of Los Angeles Housing Code Enforcement Division inspection. All minor infractions have been corrected. Note: This property indicates a strong section-8 proforma.

Listed by MARIO DURAN MOJARRO | BRE #00700353 | MARIO MOJARRO, BROKER
Last checked: 11 minutes ago | Last updated: July 8th, 2024 | Source CRMLS | DOM: 67
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Home details

Lot Sq. Ft
5,251
HOA Dues
$0/mo
Year built
1928
Garage
--
Property Type:
Triplex
Status
Active
MLS#
MB24134119
City
Los Angeles
County
Los Angeles
Time on Site
79 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 2
  • # of Electric Meters: 3
  • # of Gas Meters: 3
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 0
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,518
  • Total Rent: $1,518
  • Pro Forma/Market Rent: $3,500
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 0
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,432
  • Total Rent: $1,432
  • Pro Forma/Market Rent: $2,000
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 0
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $894
  • Total Rent: $894
  • Pro Forma/Market Rent: $1,700
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $46,138
  • Net Operating Income: $26,344
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $19,794
  • Electric: $0
  • Gas/Fuel: $0
  • New Taxes: $10,625
  • Trash: $600
  • Insurance: $1,569
  • Water/Sewer: $7,000

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Property Details for 2942 E 2Nd St

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Baseboard, Ductless
Laundry Information
  • Has Laundry
  • Gas Dryer Hookup, Inside, Washer Hookup
Interior Features
  • Levels: One, Two
Exterior Features
Exterior Information
  • Roof: Shingle
  • Has Fence
  • Wrought Iron
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Driveway, Concrete
Lot Information
  • Lot Features: Back Yard, Front Yard, Lawn, Near Public Transit, Park Nearby
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 1 Common Wall
  • Total # of Units: 3
  • Parcel Number: 5179004025
  • Year Built Source: Assessor
  • Entry Level: 2
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Assessment Information
  • Has Assessments
  • Assessments: Unknown
Location / Neighborhood
Location Information
  • Directions: East of Evergreen Ave on 2nd st
Neighborhood Information
  • Community Features: Park, Sidewalks, Street Lights
View more facts & features

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Sale History for 2942 E 2Nd St

Last sold for $565,000 on December 5th, 2022
  • June, 2024

  • Jun 30, 2024

    Date

    Active

    CRMLS: MB24134119

    $850,000

    Price

  • December, 2022

  • Dec 5, 2022

    Date

    Sold

    CRMLS: OC22127289

    $565,000

    Price

  • Jun 18, 2022

    Date

    Active

    CRMLS: OC22127289

    $799,000

    Price

  • Listing provided courtesy of CRMLS

    Calling all investors! This two-building Triplex boast 7 bedrooms, 3 bathrooms, and comfortable outdoor space. The front building is a standalone building featuring three bedrooms, a living room, a kitchen, and one bathroom. The back building features a two-bedroom unit downstairs and a two-bedroom unit upstairs. Both back units feature a living area, kitchen, and bathroom. Upgrades to the back unit include the following; kitchen and restroom remodel in 2017 (approx), both unit's plumbing redone in 2022 (approx), and downstairs unit bedrooms painted in 2017 (approx). 2402 sq ft property sits on a 5,249 sq ft lot. The property is centrally located and a quick drive to Disney Concert Hall, Dodger Stadium, and the Hollywood Bowl.

  • December, 2022

  • Dec 5, 2022

    Date

    Sold

    CRMLS: OC22132650

    $565,000

    Price

  • Jun 20, 2022

    Date

    Active

    CRMLS: OC22132650

    $799,000

    Price

  • Listing provided courtesy of CRMLS

    Calling all investors! This two-building Triplex boast 7 bedrooms, 3 bathrooms, and comfortable outdoor space. The front building is a standalone building featuring three bedrooms, a living room, a kitchen, and one bathroom. The back building features a two-bedroom unit downstairs and a two-bedroom unit upstairs. Both back units feature a living area, kitchen, and bathroom. Upgrades to the back unit include the following; kitchen and restroom remodel in 2017 (approx), both unit's plumbing redone in 2022 (approx), and downstairs unit bedrooms painted in 2017 (approx). 2402 sq ft property sits on a 5,249 sq ft lot. The property is centrally located and a quick drive to Disney Concert Hall, Dodger Stadium, and the Hollywood Bowl.

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Tax History for 2942 E 2Nd St

Assessed Value (2020): $44,552
Year Land Value Improved Value Assessed Value
2020 $18,575 $25,977 $44,552

Home Value Compared to the Market

This property vs the competition

2942 E 2Nd St is listed 29.17% 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 $768 and this home is listed at $353.87 per/sqft which puts the price per square foot 53.92% lower than the median price per square foot for the city of Los Angeles.

About 2942 E 2Nd St

Detailed summary of property

2942 E 2Nd St is a triplex located in Los Angeles, CA 90033 and is currently for sale. This triplex offers 7 bedrooms, -- bathrooms, roughly 2,402 living square feet, and sits on an approximately 5,251 square foot lot. 2942 E 2Nd St was first listed on ArdentRealEstateGroup.com on July 1, 2024. The homeowner is currently asking $850,000. The median priced home in Los Angeles is $1,200,000 with a median price per square foot of $768. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 29.17% lower than the median priced home. Local competing homes currently for sale include 548 S Lorena St, 518 S Soto St and 322 Cornwell St. While the average home in Los Angeles, CA is selling in 106 days, 2942 E 2Nd St has a days on market of 67 days. There are currently 4052 homes for sale in the Los Angeles real estate market and 2782 of them are single family homes while 1148 of them are condos and 116 are townhomes. For more information on this home for sale at 2942 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 2942 E 2Nd St

Public county record property details
Beds
7
Baths
3
Year built
1928
Sq. Ft.
2,402
Lot Size
5,249
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
50
APN
5179-004-025

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
$749,000
Median List Price/Sq.Ft.
$444
Median Sold Price
$660,000
Median Sold Price/Sq.Ft.
$700
Total Inventory
8
Median Sale to List Price %
96.35%
Avg Days on Market
30
Loan Type
Conventional (40%), FHA (0%), VA (0%), Cash (20%), Other (40%)

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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.