2619 Pennsylvania Avenue
2619 Pennsylvania Avenue
$1,500,000
7
6
5,110
5,110
$294
Sold 9/10/21
Description
100% Vacant 6 unit building + 1 Potential ADU. Value add fixer in hot Boyle Heights area just minutes away from DTLA and Arts District. Huge upside to 11% Cap Rate and 7.5 GRM after renovations. Large units with potential to reconfigure the layouts to create additional beds and baths to a more favorable unit mix and maximize rents. Building is only a 6 minute walk to the metro station, and has a walk score of 93 making it convenient for shopping and employment. Individually metered for gas and electricity...100% Vacant 6 unit building + 1 Potential ADU. Value add fixer in hot Boyle Heights area just minutes away from DTLA and Arts District. Huge upside to 11% Cap Rate and 7.5 GRM after renovations. Large units with potential to reconfigure the layouts to create additional beds and baths to a more favorable unit mix and maximize rents. Building is only a 6 minute walk to the metro station, and has a walk score of 93 making it convenient for shopping and employment. Individually metered for gas and electricity and includes 3 garages with alley access and ADU potential. Rent Roll on MLS is projected as building is 100% vacant.
- Listed by Hooman Emanuel • DRE #01200237 • Brokerage DRE #01208019 • Keller Williams Studio City
Property Details for 2619 Pennsylvania Avenue
Zoning
LARD1.5
Parcel Number5180010024
Total Units7.0
Living Area5110
Source Living AreaOwner
AreaBoyle Heights (BOYH)
Vacancy Rate100%
Lot Size Area5419
Location
LISTING UPDATED: 09/13/2021 07:42 AM
Property Details for 2619 Pennsylvania Avenue
Status | Sold |
---|---|
MLS # | 20-663444 |
Days on Market | 23 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1963 |
Lot Size | 0.12 AC / 5,419 SF |
County | Los Angeles County |
Location
Building Information for 2619 Pennsylvania Avenue
Stories-Residences-Year Built1963Building Size-Lot Size0.12 AC / 5,419 SF
Payment Calculator
$9,797 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 2619 Pennsylvania Avenue
Property History for 2619 Pennsylvania Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 2619 Pennsylvania Avenue
Taxable ValueLand$1,071,000Additions$459,000Total$1,530,000
Tax Record2023$19,328 ($1,611 / month)
Home Facts
Total Finished SqFt4,598 SqFtAbove Grade Finished SqFt4,598 SqFtLot Size5,419 SqFtStyleMulti-Family Res (5+ Units)Year Built1963ZoningLARD1.5CountyLOS ANGELESAPN5180-010-024
Schools near 2619 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 |
---|---|---|
First 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.
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