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Sold for $1,050,000 on 11/07/24
  • Listing Provided by: 

    Andrew Loeffler DRE #01193598 951-741-0002,

    Re/Max Premier Prop SanMarino,

    PETER LOEFFLER DRE #00913919 626-660-1106,

    RE/MAX PREMIER/SANMARINO

    $1,050,000

    2022 E 2nd St, Los Angeles, CA 90033

    --beds
    --baths
    7,000sqft
    Multi Family
    Built in 1968
    -- sqft lot
    $1,031,300 Zestimate®
    $150/sqft
    $2,513 Estimated rent

    What's special

    A touch of French architecture in great Boyle Heights location with close proximity to bus line on 4th and Cummings and two light rail locations - Mariachi Plaza and Soto Street. Nearby to Hollenbeck Park which hosts a number of sports and fitness programs, cultural programs, barbecue pits, picnic spots, public bathrooms, and a skate park. Property has alley access to rear parking and is fully gated. There is parking easily for 8 cars on the property (four open spaces and four covered spaces) and more if small cars doubled up. Lots of room for bicycles and motorcycles. Easy access to 10/60/5/110, and 101 Freeways. Each unit is 2 bedroom and 2 bathrooms. Separate gas and electric metering paid by tenants. There is a common laundry room on ground floor. Property is relatively newer for Los Angeles and is clean and well maintained. All units occupied. Below market rents represents large upside potential for a new owner. Property is close to White Memorial Hospital, Little Tokyo, The Arts District, USC Health Campus, DTLA, and many more things the great City of Los Angeles has to offer. Manager resides in the $600/mo unit explaining why that rent is low. Each unit has two bath rooms - one full bath and one half bath. Property has had soft story retrofit completed and signed off by the city. Please don't hesitate to call and ask questions.

    Zillow last checked: 7 hours ago

    Listing updated: December 11, 2024 at 12:46pm

    Listing Provided by:

    Andrew Loeffler DRE #01193598 951-741-0002,

    Re/Max Premier Prop SanMarino,

    PETER LOEFFLER DRE #00913919 626-660-1106,

    RE/MAX PREMIER/SANMARINO

    Bought with:

    Andrew Loeffler, DRE #01193598

    Re/Max Premier Prop SanMarino

    Source: CRMLS,MLS#: AR24135453MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Heating
    • Wall Furnace
    Cooling
    • Wall/Window Unit(s)
    Appliances
    • Laundry: Common Area, Laundry Room
    Features
    • Has fireplace: No
    • Fireplace features: None
    • Common walls with other units/homes: 2+ Common Walls
    Interior area
    • Total structure area: 7,000
    • Total interior livable area: 7,000 sqft

    Property

    Parking
    • Total spaces: 8
    • Parking features: Carport
    • Carport spaces: 4
    • Uncovered spaces: 4
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: Side
    • Pool features: None
    • Spa features: None
    • Fencing: Good Condition,Wrought Iron
    • Has view: Yes
    • View description: None
    Lot
    • Size: 7,425 sqft
    • Features: Level, Near Public Transit, Street Level
    Details
    • Parcel number: 5183011024
    • Zoning: LARD2
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: French Provincial
    • Property subtype: Multi Family
    • Attached to another structure: Yes
    Condition
    • New construction: No
    • Year built: 1968

    Utilities & green energy

    • Sewer: Unknown
    • Water: See Remarks
    • Utilities for property: See Remarks

    Community & neighborhood

    Community
    • Community features: Curbs, Gutter(s), Sidewalks
    Location
    • Region: Los Angeles

    HOA & financial

    Other financial information
    • Total actual rent: 91558

    Other

    Other facts
    • Listing terms: Cash,Cash to New Loan,Submit
    • Road surface type: Alley Paved
    Services availability
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    Estimated market value

    $1,031,300