206 South Boyle Avenue

Los Angeles, CA 90033

$1,550,000
Last Sold Price
12
Beds
6
Baths
4,454 Sq. Ft.
$348 / Sq. Ft.
4,454
Sq. Ft.
$348
per Sq. Ft.

Description

Prime Boyle Heights location. All two bedroom building with 50% of the units renovated. Over 40% upside in rents for a potential 7% cap rate. Walking distance to Metro Gold Line and nearby parks. Walk score of 91.Prime Boyle Heights location. All two bedroom building with 50% of the units renovated. Over 40% upside in rents for a potential 7% cap rate. Walking distance to Metro Gold Line and nearby parks. Walk score of 91.
  1. Listed by Hooman Emanuel • DRE #01200237 • Brokerage DRE #01208019 • Keller Williams Studio City

Property Details for 206 South Boyle Avenue

Zoning
LAR4
Parcel Number
5174018020
Total Units
6.0
Living Area
4454
Source Living Area
Vendor Enhanced
Area
Boyle Heights (BOYH)
Vacancy Rate
3%
Lot Size Area
5849

Location

Listing Courtesy of Keller Williams Studio City, Hooman Emanuel, DRE #01200237

Sold By Keller Williams Studio City, Hooman Emanuel, DRE #01200237

Add your commute
LISTING UPDATED: 09/30/2021 12:25 PM

Property Details for 206 South Boyle Avenue

StatusSold
MLS #21-722164
Days on Market76
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1966
Lot Size0.13 AC / 5,849 SF
CountyLos Angeles County

Location

Listing Courtesy of Keller Williams Studio City, Hooman Emanuel, DRE #01200237

Sold By Keller Williams Studio City, Hooman Emanuel, DRE #01200237

Add your commute

Building Information for 206 South Boyle Avenue

Stories2Residences-Year Built1966Building Size-Lot Size0.13 AC / 5,849 SF

Payment Calculator

$10,130 per month

30 year fixed, 7.25% Interest

Principal and Interest

$8,459

Property Taxes

$1,671

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 206 South Boyle Avenue

Community / Development
Community / Development
  • Number Of Units: 6
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 2
  • Number Of Buildings: 1
  • Type Of Units: Apartment
Contract Info
Contract Info
  • 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: $110,791
  • Net Operating Income: $67,936.00
  • Gross Income: $114,217
  • Gross Rent Multiplier: $14.45
  • Actual Annual Gross Rent: $114,217.00
  • Total Annual Expense: 42855
Land / Lot Info
Land / Lot Info
  • Additional Parcel Number: No
  • Alley: Yes
  • Lot Acreage: 0.1343
  • Lot Size Square Feet: 5849
Parking Details
Parking Details
  • Parking Garage: Carport
  • Total Parking: 6
  • Parking Features: Carport
Interior Features
Interior Features
  • Cooling: Wall/Window Unit(s)
  • Cooling Type: Wall/Window
  • Heating: Wall Furnace
  • Heating Type: Wall
  • Equipment: Range/Oven
  • Common Walls: Attached
Exterior Features
Exterior Features
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 04-21-2021
  • Rent Control: Yes
  • Rent Control: 100
Unit Details
Unit 1 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,581.00
  • Unit Actual Rent: $9,484.00
  • Unit Projected Rent: $13,578.00
  • Like Units: 6
Unit Details
  • Unit Type Type: 2106
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $530,604.00
  • Assessed Improvement Percent: 41.46
  • Assessed Land Value: $749,212.00
  • Assessed Land Percent: 58.54
  • Assessed Total Value: $1,279,816.00

Property History for 206 South Boyle 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 206 South Boyle Avenue

Taxable ValueLand$948,600Additions$632,700Total$1,581,300
Tax Record2023$20,047 ($1,671 / month)
Home Facts
Total Finished SqFt4,454 SqFtAbove Grade Finished SqFt4,454 SqFtLot Size5,849 SqFtStyleMulti-Family Res (5+ Units)Year Built1966ZoningLAR4CountyLOS ANGELESAPN5174-018-020

Schools near 206 South Boyle 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

Felicitas And Gonzalo Mendez High
Public9 to 12

Theodore Roosevelt Senior 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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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 Keller Williams Studio City, Hooman Emanuel, DRE #01200237

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.