616 N Boyle Ave, Los Angeles, CA 90033
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616 N Boyle Ave Los Angeles, CA 90033

$710,000 Sold Price as of 01/29/2021
  • 24 Beds
  • 16 Baths
  • 2,729 Sq.Ft.
Sold
$710,000 Sold Price as of 01/29/2021 Refinance Your Mortgage

Map preview of 616 N Boyle Ave, Los Angeles, CA 90033

Property Overview: 616 N Boyle Ave Los Angeles, CA has 24 bedrooms, 16 bathrooms, 2,729 living square feet and 7,314 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Excellent multi unit (4). Located in the up and coming area of Boyle Heights. Excellent positive cash flowing property. Each unit has 1 parking space for each tenant located at the rear of the property. Two units are (1) Bedroom (1) Full Bath, Two units are (2) Bedroom (1) Full Bath. Low Maintenance, Elementary School across the street. Walking distance from Historical White Memorial Hospital and Bridge Park. This property will sell fast.

Listed by ARTURO VILLA | BRE #01447577 | KELLER WILLIAMS REALTY DOWNEY
Last checked: 7 minutes ago | Last updated: August 26th, 2023 | Source CRMLS | DOM: 0

Home details

Lot Sq. Ft
7,314
HOA Dues
$0/mo
Year built
1929
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
MB20258077
City
Los Angeles
County
Los Angeles
Time on Site
1212 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 2
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 4
  • # of Beds: 6
  • # of Baths: 4
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $5,200
  • Total Rent: $5,200
  • Pro Forma/Market Rent: $1,300
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $5,200
  • Net Operating Income: $2,650
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $2,650
  • Electric: $0
  • New Taxes: $0
  • Trash: $0
  • Insurance: $900
  • Water/Sewer: $4,500

Property Details for 616 N Boyle Ave

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • No Laundry
  • None
Fireplace Information
  • Has Fireplace
  • Bath, Dining Room, Kitchen, Patio
Room Information
  • Flooring: Bamboo, Tile
  • All Bedrooms Down, Living Room
Kitchen Information
  • Has Appliances
  • Gas Oven, Gas Range, Gas Water Heater
Interior Features
  • High Ceilings
  • Levels: One
Exterior Features
Exterior Information
  • Roof: Composition
  • Has Fence
  • Wrought Iron
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: 2-5 Units/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • No View
  • View: None
  • Common Walls: 1 Common Wall
  • Total # of Units: 4
  • Parcel Number: 5174005022
  • Year Built Source: Public Records
  • Architectural Style: Traditional
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Electricity Available, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
Location / Neighborhood
Location Information
  • Directions: Cross Street, Cesar E. Chavez
  • Road Frontage Type: Private Road
Neighborhood Information
  • Community Features: Gutters
View more facts & features

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Sale History for 616 N Boyle Ave

Last sold for $710,000 on February 1st, 2021
  • August, 2023

  • Aug 25, 2023

    Date

    Expired

    CRMLS: MB23018238

    $1,150,000

    Price

  • Feb 24, 2023

    Date

    Active

    CRMLS: MB23018238

    $1,150,000

    Price

  • Listing provided courtesy of CRMLS

    This lovely 4-plex is located in the heart of Boyle Heights. These 4 units are spacious and vintage. There are 4 single parking spaces in the rear of the property. This 4-Plex is located walking distance from White Memorial Hospital and USC Medical Center, Schools, and the Downtown Los Angeles area and the Metro Gold Line. The front unit has been completely upgraded. Call Agent for additional information. Investors welcome.

  • February, 2021

  • Feb 1, 2021

    Date

    Sold

    CRMLS: MB20258077

    $710,000

    Price

  • Dec 15, 2020

    Date

    Active Under Contract

    CRMLS: MB20258077

    $710,000

    Price

  • Dec 15, 2020

    Date

    Active

    CRMLS: MB20258077

    $710,000

    Price

  • February, 2021

  • Feb 1, 2021

    Date

    Sold (Public Records)

    Public Records

    $710,000

    Price

  • August, 2002

  • Aug 22, 2002

    Date

    Sold (Public Records)

    Public Records

    $250,000

    Price

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Tax History for 616 N Boyle Ave

Assessed Value (2020): $464,103
Year Land Value Improved Value Assessed Value
2020 $241,802 $222,301 $464,103

Home Value Compared to the Market

This property vs the competition

616 N Boyle Ave sold on January 29, 2021 for 40.34% 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 $260.17 per/sqft which puts the price per square foot 65.54% lower than the current median sale per square foot for the city of Los Angeles.

About 616 N Boyle Ave

Detailed summary of property

616 N Boyle Ave is a multi family that recently sold in Los Angeles, CA 90033. This multi family property offered 24 bedrooms, 16 bathrooms, roughly 2,729 living square feet, and sits on an approximately 7,314 square foot lot. 616 N Boyle Ave was first listed on ArdentRealEstateGroup.com on January 20, 2021. The homeowner sold the property for $710,000. 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 40.34% lower than the current median priced home. Local homes that are currently for sale include 2415 Gates St, 135 N Avenue 25 and 2713 Darwin Ave. 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 616 N Boyle 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 616 N Boyle Ave

Public county record property details
Beds
4
Baths
4
Year built
1929
Sq. Ft.
2,729
Lot Size
7,307
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
26
APN
5174-005-022

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.