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305 S Mott St Los Angeles, CA 90033

$1,099,000
  • 5 Beds
  • 0 Baths
  • 2,421 Sq.Ft.
For Sale
$1,099,000 Get Pre-Qualified
Map preview of 305 S Mott St, Los Angeles, CA 90033

Property Overview: 305 S Mott St Los Angeles, CA has 5 bedrooms, -- bathrooms, 2,421 living square feet and 6,752 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: Great investment opportunity to add to your portfolio of rental properties. Over $100,000 spended for exterior upgrades recently. Located in Boyle Heights of Los Angeles with easy access to Downtown Los Angeles and only approximately 7 miles from USC. Units are currently all occupied. Do not miss this great opportunity! County record shows: Multi-Family 3-Unit, but seller bought the property with 4 existing units with 4 long term tenants inincluded. Seller keeps the rents low, there is much room to increase. Per seller, City just recently approved the property as 4 units( documents to be verified and followed)

Listed by Heidi Mao | BRE #01007529 | Keller Williams Signature Realty
Last checked: 14 minutes ago | Last updated: May 11th, 2024 | Source CRMLS | DOM: 28
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Home details

Lot Sq. Ft
6,752
HOA Dues
$0/mo
Year built
1922
Garage
--
Property Type:
Triplex
Status
Active
MLS#
TR24077418
City
Los Angeles
County
Los Angeles
Time on Site
28 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 0
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,768
  • Total Rent: $1,768
  • Pro Forma/Market Rent: $1,800
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 0
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,082
  • Total Rent: $1,082
  • Pro Forma/Market Rent: $1,100
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 0
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $855
  • Total Rent: $855
  • Pro Forma/Market Rent: $900
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 0
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $905
  • Total Rent: $905
  • Pro Forma/Market Rent: $950
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $55,320
  • Net Operating Income: $42,920
  • Gross Operating Income: --
  • Vacancy Allowance: $0
Annual Expense Breakdown
  • Total Operating Expense: $12,400
  • Electric: $0
  • Gas/Fuel: $0
  • New Taxes: $10,000
  • Trash: $0
  • Insurance: $400
  • Water/Sewer: $2,000

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Property Details for 305 S Mott St

Interior Features
Laundry Information
  • Has Laundry
  • Inside
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 1 Common Wall
  • Total # of Units: 4
  • Parcel Number: 5180012026
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Unknown
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: 3rd street
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

Local Los Angeles Agent

Sale History for 305 S Mott St

Last sold for $432,100 on August 2nd, 2019

  • April, 2024

  • Apr 18, 2024

    Date

    Active

    CRMLS: TR24077418

    $1,099,000

    Price

  • March, 2024

  • Mar 21, 2024

    Date

    Canceled

    CRMLS: WS24014557

    $1,080,000

    Price

  • Jan 24, 2024

    Date

    Active

    CRMLS: WS24014557

    $1,080,000

    Price

  • Listing provided courtesy of CRMLS

    This duplex is located in the quiet, safe and friendly neighborhood of Boyle Heights area of Los Angeles, very convenient location, couple minutes away to free way 10, 5 and 60. The property has four separate units, one unit has two-bedroom, one bath, other three units have one-bedroom, one bath. All roofs have been renovated and all exterior walls are new painted, front and back yards have been rebuild. The property is located on a corner lot, it is a good choice for an investment!

  • August, 2021

  • Aug 24, 2021

    Date

    Expired

    CRMLS: TR21037554

    $850,000

    Price

  • Feb 23, 2021

    Date

    Active

    CRMLS: TR21037554

    $850,000

    Price

  • Listing provided courtesy of CRMLS

    Great investment opportunity to add to your portfolio of rental properties. Located in Boyle Heights of Los Angeles with easy access to Downtown Los Angeles and only approximately 7 miles from USC. Units are currently all occupied. Do not miss this great opportunity!

  • February, 2021

  • Feb 23, 2021

    Date

    Canceled

    CRMLS: WS20254592

    $850,000

    Price

  • Feb 23, 2021

    Date

    Hold

    CRMLS: WS20254592

    $850,000

    Price

  • Dec 10, 2020

    Date

    Active

    CRMLS: WS20254592

    $850,000

    Price

  • Listing provided courtesy of CRMLS

    Great Investor Opportunity in Boyle Heights. Convenient location. Minutes to USC, USC Health Sciences Campus, Downtown Los Angeles, Art Districts, Parks, and close to 5, 10, 60 & 101 FWY. 4 electric meters, 4 gas meters, 1 water meter on the subject property. All units are occupied now. High Cap rate. Subject property has two addresses: 305 S Mott Street & 2636 E 3rd Street. Great Potential. Don't walk away or pass by this unprecedented opportunity.

  • November, 2020

  • Nov 18, 2020

    Date

    Expired

    CRMLS: DW20168194

    $849,999

    Price

  • Oct 7, 2020

    Date

    Price Change

    CRMLS: DW20168194

    $849,999

    Price

  • Aug 18, 2020

    Date

    Active

    CRMLS: DW20168194

    $880,000

    Price

  • Listing provided courtesy of CRMLS

    Location! Location! Location! Boyle Heights Neighborhood. Triplex currently been used as a 4 units. All units tenant occupied. Attention "Investors" and "Home Owners" Boyle Heights is an attractive area for "Renters". Minutes away from Down Town LA. and The Arts District. Close to USC Medical Center; White Memorial Hospital; Cal State LA. Retail Shops and Popular Restaurants. Very accessible to public transportation and Freeways 10, 60, 5, 101. Zoning LAR2. The front house is been used as 2 units: 2 bds. 1 bth. and 1bd. 1bth. And two separate 1bd. 1bth units on the back. 4 electric meters and 4 gas meters on site. This is what you've been waiting for! Don't miss out the opportunity to own 4 units in a nice historic surrounding area of Boyle Heights.

  • August, 2019

  • Aug 2, 2019

    Date

    Sold (Public Records)

    Public Records

    $432,100

    Price

  • April, 2019

  • Apr 15, 2019

    Date

    Canceled

    CRMLS: DW18227417

    $799,000

    Price

  • Mar 29, 2019

    Date

    Hold

    CRMLS: DW18227417

    $799,000

    Price

  • Sep 18, 2018

    Date

    Active

    CRMLS: DW18227417

    $799,000

    Price

  • Listing provided courtesy of CRMLS

    Fantastic Opportunity on this Triplex near Downtown Los Angeles, Schools, Parks, and Shops. Prime Rental Location with Easy Access to Major Freeways. Owner Occupied on this Triplex Currently Being Used as 4 Units (the main house is being used as 2 units). Large Living Room with Spacious Bedrooms and Kitchen, High Ceilings and Lots of Natural Lighting. Central Back Yard and Located on a Corner Lot. Two Separate 1 Bedroom and 1 Bathroom Units with Updated Kitchen and Flooring. This Property has Great Potential - Don't Miss Out!

  • November, 2018

  • Nov 30, 2018

    Date

    Expired

    CRMLS: DW18127987

    $1,200,000

    Price

  • Aug 20, 2018

    Date

    Withdrawn

    CRMLS: DW18127987

    $1,200,000

    Price

  • May 31, 2018

    Date

    Active

    CRMLS: DW18127987

    $1,200,000

    Price

  • Listing provided courtesy of CRMLS

    PROPERTY LOCATED VERY CLOSE TO METRO STATION, THIS PROPERTY HAS A LOT OF POTENTIAL. SOLD FOR FUTURE POTENTIAL VALUE DUE TO ITS LOCATION, THOUGH ALL TYPE OF BUYERS ARE WELCOME..!! PROPERTY LOCATED NEAR DOWNTOWN AND FREEWAYS, SCHOOLS, SHOPPING, ETC., AVERAGE CONDITION. SHOW AND SELL...!!

  • April, 2005

  • Apr 7, 2005

    Date

    Sold (Public Records)

    Public Records

    $390,000

    Price

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Tax History for 305 S Mott St

Assessed Value (2020): $669,000
Year Land Value Improved Value Assessed Value
2020 $400,000 $269,000 $669,000

Home Value Compared to the Market

This property vs the competition

305 S Mott St is listed 12.01% lower 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 $453.94 per/sqft which puts the price per square foot 41.35% lower than the median price per square foot for the city of Los Angeles.

About 305 S Mott St

Detailed summary of property

305 S Mott St is a triplex located in Los Angeles, CA 90033 and is currently for sale. This triplex offers 5 bedrooms, -- bathrooms, roughly 2,421 living square feet, and sits on an approximately 6,752 square foot lot. 305 S Mott St was first listed on ArdentRealEstateGroup.com on April 18, 2024. The homeowner is currently asking $1,099,000. 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 12.01% lower than the median priced home. Local competing homes currently for sale include 548 S Lorena St, 3412 E 3rd St and 3333 Whittier Blvd. While the average home in Los Angeles, CA is selling in 94 days, 305 S Mott St has a days on market of 28 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 305 S Mott 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 305 S Mott St

Public county record property details
Beds
4
Baths
2
Year built
1922
Sq. Ft.
2,421
Lot Size
6,752
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
8
APN
5180-012-026

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
12
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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