927 Camulos St, Los Angeles, CA 90023
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927 Camulos St Los Angeles, CA 90023

$1,160,000
  • 6 Beds
  • 4 Baths
  • 2,478 Sq.Ft.
For Sale
$1,160,000 Get Pre-Qualified

Map preview of 927 Camulos St, Los Angeles, CA 90023

Property Overview: 927 Camulos St Los Angeles, CA has 6 bedrooms, 4 bathrooms, 2,478 living square feet and 5,593 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: Excellent Investment property located in the heart of Boyle Heights. Recently remodeled (2020-interior) 4 unit building house + 3 units @ 5% Cap. Newer electrical wiring, newer sub panels, front house has 220, newer drain lines, and newer copper plumbing in all units. The front detached house is a large 3 bedroom +1.5 bathroom. The other three units are (1 Bd/1 Bath). The low-maintenance property is located just minutes from DTLA, USC Medical Center, Cal State LA, Arts District, and many local eateries. Close to Metro and multiple freeways.

Listed by Christopher Furstenberg | BRE #01208924 | Nourmand & Associates-HW
Last checked: 14 minutes ago | Last updated: April 2nd, 2024 | Source CRMLS | DOM: 102
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Home details

Lot Sq. Ft
5,593
HOA Dues
$0/mo
Year built
1913
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
24349813
City
Los Angeles
County
Los Angeles
Time on Site
112 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,700
  • Total Rent: $1,700
  • Pro Forma/Market Rent: $1,700
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $3,016
  • Total Rent: $3,016
  • Pro Forma/Market Rent: $3,100
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,664
  • Total Rent: $1,664
  • Pro Forma/Market Rent: $1,700
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,040
  • Total Rent: $1,040
  • Pro Forma/Market Rent: $1,700
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 5%
  • Gross Rent Multiplier: 13.4
  • Gross Scheduled Income: --
  • Net Operating Income: $60,240
  • Gross Operating Income: $89,040
Annual Expense Breakdown
  • Total Operating Expense: --

Open Houses for 927 Camulos St

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Property Details for 927 Camulos St

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Wall Furnace, Central
Kitchen Information
  • Has Appliances
Interior Features
  • Levels: One
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 4
  • Has Parking
  • Parking Features: Driveway
Property Information
  • Total # of Units: 4
  • Parcel Number: 5189007044
  • Architectural Style: Traditional
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: South of Whittier Blvd, North of 7th Street
View more facts & features

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Sale History for 927 Camulos St

Last sold for $970,000 on January 3rd, 2020
  • January, 2024

  • Jan 24, 2024

    Date

    Active

    CRMLS: 24349813

    $1,200,000

    Price

  • April, 2022

  • Apr 1, 2022

    Date

    Active

    CRMLS: DW22032921

    $1,175,000

    Price

  • Listing provided courtesy of CRMLS

    Back on the Market (Buyer wanted a big credit on an As-Is offer)!! CASH COW!!! $86,400 Gross Rents, ($63,683 NOI) and 5.49 CAP in Boyle Heights!! HIGH RENTAL DEMAND AREA that is GENTRIFYING!! All 4 units have been recently remodeled (2020) with the farmhouse motif. Kitchen has stainless steel stove and fridge. GREAT BONES: NEW ELECTRICAL WIRING in ALL 4 units, NEW SUB PANELS in ALL 4 units with separate meters (front house has 220 volts). TENANTS PAY electricity, gas, and trash. NEW DRAIN LINES for ALL 4 units with copper plumbing. Front house is (1) large 3 bedroom, 1 bath and the other three units are (3) one-bedroom (1 Bd/1 Bath). GREAT TENANTS: CURRENT ON RENTS. Property is minutes from DTLA, the trendy Arts District, USC Medical Center, White Memorial Hospital, CSULA and local eateries and shopping. Close to multiple freeways and Metro. Walk Score is 78 (VERY WALKABLE) & Transit Score is 60 (GOOD TRANSIT). This is a low maintenance investment ready for the right Buyer. Agents, message me for videos of the interior of all units.

  • August, 2021

  • Aug 22, 2021

    Date

    Active Under Contract

    CRMLS: 21736750

    $1,199,000

    Price

  • May 26, 2021

    Date

    Active

    CRMLS: 21736750

    $1,199,000

    Price

  • Listing provided courtesy of CRMLS

    2 UNITS WILL BE DELIVERED VACANT. A 4-unit multifamily property situated in the gentrifying Boyle Heights neighborhood of Los Angeles, CA. The subject property consists of a large three (3) bedroom house in the front and three (3) one-bedroom(1 Bd + 1 Bath) units in the back. Three (3) out of the four (4) units have been recently renovated. This exceptional investment property has new electrical wiring inside the walls of all 4 units, new subpanels in each unit, and separate meters with 220 in the front house. Tenants pay for electricity, gas and trash. There are new drain lines for all of the units and the front house along with copper plumbing.

  • February, 2021

  • Feb 25, 2021

    Date

    Expired

    CRMLS: 20622074

    $1,160,000

    Price

  • Dec 16, 2020

    Date

    Price Change

    CRMLS: 20622074

    $1,160,000

    Price

  • Dec 1, 2020

    Date

    Price Change

    CRMLS: 20622074

    $1,175,000

    Price

  • Aug 24, 2020

    Date

    Active

    CRMLS: 20622074

    $1,250,000

    Price

  • Listing provided courtesy of CRMLS

    This listing is a 4-unit fully rented (4.7 cap rate) multifamily property situated in the gentrifying Boyle Heights neighborhood of Los Angeles. The subject property has been newly renovated and consists of a large three (3) bedroom house in the front and three (3) one-bedroom (1 Bd/1 Bath) units in the back. Three of the four units were newly renovated in 2020 and have new tenants who have signed leases during Summer 2020 who are paying market rent. This exceptional investment property with upside has new electrical wiring inside the walls of all 4 units, new subpanels in each unit, and separate meters with 220 in the front house. Tenants pay for electricity, gas and trash. There are new drain lines and copper plumbing for all units and the front house. Located minutes from Downtown LA, the trendy Arts District, USC Medical Center, White Memorial Hospital, Cal State LA and popular retailers and restaurants with easy access to freeways and walking distance to public transportation.

  • January, 2020

  • Jan 3, 2020

    Date

    Sold

    CRMLS: SB19212563

    $970,000

    Price

  • Nov 21, 2019

    Date

    Pending

    CRMLS: SB19212563

    $985,000

    Price

  • Sep 5, 2019

    Date

    Active

    CRMLS: SB19212563

    $985,000

    Price

  • Listing provided courtesy of CRMLS

    ***Owner has just finished restoration qaulity exterior paint on the front house and rear building with the 3 (1 bdrm) apartments. He has also finished the interior paint on the 2 unleased units. They are ready to go! *** Large owner's unit (vacant) plus (2) 1 bedrooms (vacant) plus (1) 1 bedroom (rented at $1000 per month). The front house (owner's unit) has original hardwood floors, large semi-formal dining room with built-in hutch, gas wood burning fireplace in living room and original hardwood doors and jams. The owners unit is in good shape, but it is a perfect restoration project. There is a laundry porch with a half bath off the kitchen. The property has new electrical wiring inside the walls of all 4 units, new subpanels in each apt, and 5 separate meters with 220 in the front house. Copper plumbing. New drain lines for all of the units and the front house. Booming area, chartered schools, extremely wide street for the area, and close to metro & Sportscenter park and recreation center.

  • January, 2020

  • Jan 3, 2020

    Date

    Sold (Public Records)

    Public Records

    $970,000

    Price

  • January, 2020

  • Jan 3, 2020

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 927 Camulos St

Assessed Value (2020): $408,360
Year Land Value Improved Value Assessed Value
2020 $206,398 $201,962 $408,360

Home Value Compared to the Market

This property vs the competition

927 Camulos St is listed 7.13% 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 $468.12 per/sqft which puts the price per square foot 39.52% lower than the median price per square foot for the city of Los Angeles.

About 927 Camulos St

Detailed summary of property

927 Camulos St is a multi family located in Los Angeles, CA 90023 and is currently for sale. This multi family property offers 6 bedrooms, 4 bathrooms, roughly 2,478 living square feet, and sits on an approximately 5,593 square foot lot. 927 Camulos St was first listed on ArdentRealEstateGroup.com on January 25, 2024. The homeowner is currently asking $1,160,000 and was originally asking $1,200,000. 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 7.13% lower than the median priced home. Local competing homes currently for sale include 129 N Soto St, 317 N Mathews St and 3412 E 3rd St. While the average home in Los Angeles, CA is selling in 94 days, 927 Camulos St has a days on market of 102 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 927 Camulos St Los Angeles, CA 90023 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 927 Camulos St

Public county record property details
Beds
7
Baths
5
Year built
1913
Sq. Ft.
2,478
Lot Size
5,592
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
46
APN
5189-007-044

The source for these homes facts are from public records.

90023 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$599,999
Median List Price/Sq.Ft.
$679
Median Sold Price
$660,000
Median Sold Price/Sq.Ft.
$448
Total Inventory
20
Median Sale to List Price %
99.25%
Avg Days on Market
6
Loan Type
Conventional (0%), FHA (60%), VA (0%), Cash (20%), Other (0%)

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Related Resources to 927 Camulos St

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.