2021 Pennsylvania Avenue

Los Angeles, CA 90033

$1,500,000
Last Sold Price
8
Beds
10
Baths
5,476 Sq. Ft.
$274 / Sq. Ft.
5,476
Sq. Ft.
$274
per Sq. Ft.

Description

Excellent 10 unit apartment building in the heart of Boyle Heights. Courtyard style with wide street for parking and terrific curb appeal. Well maintained. Has not been on the market since the 70's. Below market rents.. huge potential.Excellent 10 unit apartment building in the heart of Boyle Heights. Courtyard style with wide street for parking and terrific curb appeal. Well maintained. Has not been on the market since the 70's. Below market rents.. huge potential.
  1. Listed by Richard R.J. Kas • DRE #01352771 • Brokerage DRE #01464847 • Coldwell Banker Realty

Property Details for 2021 Pennsylvania Avenue

Water Front
None
Zoning
LARD1.5
Style
Spanish
Cross Streets
S Cummings St.
Parcel Number
5183007020
Total Units
10.0
Living Area
5476
Source Living Area
Assessor

Location

Listing Courtesy of Coldwell Banker Realty, Richard R.J. Kas, DRE #01352771

Sold By Coldwell Banker Realty, Richard R.J. Kas, DRE #01352771

Add your commute
LISTING UPDATED: 12/23/2021 01:44 PM

Property Details for 2021 Pennsylvania Avenue

StatusSold
MLS #21-782964
Days on Market11
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1924
Lot Size0.20 AC / 8,890 SF
CountyLos Angeles County

Location

Listing Courtesy of Coldwell Banker Realty, Richard R.J. Kas, DRE #01352771

Sold By Coldwell Banker Realty, Richard R.J. Kas, DRE #01352771

Add your commute

Building Information for 2021 Pennsylvania Avenue

Stories1Residences-Year Built1924Building Size-Lot Size0.20 AC / 8,890 SF

Payment Calculator

$9,819 per month

30 year fixed, 7.25% Interest

Principal and Interest

$8,186

Property Taxes

$1,633

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2021 Pennsylvania Avenue

Community / Development
Community / Development
  • Number Of Units: 10
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Assessor
  • Number Of Stories: 1
  • Number Of Buildings: 3
  • Type Of Units: Multi Unit
  • View: Yes
  • View Description: Courtyard, Green Belt
  • View: Courtyard, Park/Greenbelt
  • Security Features: Fire and Smoke Detection System, Smoke Detector, Carbon Monoxide Detector(s), Gated
  • Water: District
  • Sewer: In Street
  • Water Heaters: Yes
Contract Info
Contract Info
  • Probate: No
  • Financing: Cash, Cash To New Loan, Conventional
  • Disclosures: As Is
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $88,108
  • Net Operating Income: $43,153.00
  • Gross Income: $88,108
  • Cap Rate: 2.79%
  • Gross Rent Multiplier: $17.60
  • Owner Pays: Water, Electricity, Other
  • Total Annual Expense: 44955
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.2041
  • Lot Size Square Feet: 8890
Parking Details
Parking Details
  • Parking Garage: On street
  • Total Parking: 0
  • Parking Features: Street
Interior Features
Interior Features
  • Levels: Ground Level
  • Cooling: Wall/Window Unit(s)
Exterior Features
Exterior Features
  • Roof: Tile
  • New Construction: No
  • Construction Materials: Stucco
  • Exterior Construction: Stucco
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 09-13-2021
Unit Details
Unit 1 Information
  • Unit Beds: 8
  • Unit Baths: 10
  • Unit Furnished: No
  • Unit Rent: $735.00
  • Unit Actual Rent: $7,342.00
  • Unit Projected Rent: $7,342.00
  • Like Units: 10
Unit Details
  • Unit Type Type: 2106
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $54,450.00
  • Assessed Improvement Percent: 63.96
  • Assessed Land Value: $30,680.00
  • Assessed Land Percent: 36.04
  • Assessed Total Value: $85,130.00

Property History for 2021 Pennsylvania Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2021 Pennsylvania Avenue

Taxable ValueLand$714,000Additions$816,430Total$1,530,430
Tax Record2023$19,594 ($1,633 / month)
Home Facts
Total Finished SqFt5,476 SqFtAbove Grade Finished SqFt5,476 SqFtLot Size8,890 SqFtStyleMulti-Family Res (5+ Units)Year Built1924ZoningLARD1.5CountyLOS ANGELESAPN5183-007-020

Schools near 2021 Pennsylvania Avenue

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Charter - K to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Second Street Elementary School
PublicK to 6

Extera Public Schools
CharterK to 8

Theodore Roosevelt Senior High
Public9 to 12

Felicitas And Gonzalo Mendez High
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Coldwell Banker Realty, Richard R.J. Kas, DRE #01352771

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.