Prime Investment Opportunity in Boyle Heights. Just in Time for the Holidays! Don't miss this rare chance to own a historic 4-unit complex in one of Boyle Heights' most promising neighborhoods. Built in 1924, this property boasts 3,884 sq. ft. of living space, featuring four oversized 1-bedroom, 1-bath units, each approximately 984 sq. ft. The units are well laid out, with two located on the ground floor and two on the upper level, each including a dedicated laundry room.Situated on a spacious corner lot just under 5,900 sq. ft., this property offers incredible potential for value-add opportunities. Explore the possibility of adding 2 to 4 additional units (subject to city approval) or reconfiguring the existing floor plans to create 2-bedroom units upon vacancy. Boyle Heights is recognized as a rapidly growing and desirable neighborhood, making this property a strategic investment for long-term returns. For context, the property next door sold for $1,900,000 after being redeveloped in 2020 into a 3-unit complex showcasing the area's potential for lucrative asset repositioning. This is a once-in-a-lifetime opportunity to capitalize on the future of Boyle Heights. Act now and make this historic property yours for the holidays!
Property Details
Property Features
Property Information:
Architectural Style: Traditional
Year Built: 1924
Stories: 0
Living Area: 3,884 SqFt
Listing Office:
Office Name: Trevino Properties Inc.
Office Phone: (323) 302-8400
Listing Agent: Alexander Trevino
Interior Features
Interior Information:
Appliances: Disposal
Fireplace: None
Bedroom and Bathroom Information:
Total Bedroom Count: 4
Exterior Features
Exterior Information:
Private Pool: No
View: None
Parking Information:
Garage Space: 4 spaces
Parking: Assigned
Lot Features
Lot Information:
Lot Size: 0.14 Acres
Utilities
Utilities Information:
Heating: Wall Furnace
Other
Directions Information:
Directions: Google
Price Information
Listing Price Info
Price Summary:
List Price: $699,000
Price Per SqFt: $180/SqFt
Tax Information:
Annual Amount: $8,539
Tax Year: 2021
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Los Angeles, CA.
This property is $322.5K less than the Median Sold Price and $460/SqFt less than other homes in Los Angeles, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #24462767
Listing Office:
Office Name: Trevino Properties Inc.
Office Phone: (323) 302-8400
Listing Agent: Alexander Trevino
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 12/18/2024, 2:20:58 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Oct 12, 2017
Oct 12, 2017Home Sold
$645,000
Mar 07, 2017
Mar 07, 2017Home Sold
$585,000
Jun 08, 2010
Jun 08, 2010Home Sold
$28,345
Feb 04, 2005
Feb 04, 2005Home Sold
$375,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$8,539
$678,008
2020
$8,291
$671,057
2019
$8,165
$657,900
2018
$7,542
$645,000
2017
$7,542
$594,660
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$3,556
Per Month
Principal & Interest
$3,489
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$2,162
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
6
/10
Malabar Street Elementary
3200 Malabar St
Distance between this listing and this school0.32 miles
Public District Grades KG-6
6
/10
1st Street Elementary
2820 E 1st St
Distance between this listing and this school0.36 miles
Public District Grades PK-6
6
/10
Kipp Promesa Preparatory
207 S Dacotah St
Distance between this listing and this school0.50 miles
Public Charter Grades KG-4
Nearby Schools
3
/10
Extera Public
2226 E 3rd St
Distance between this listing and this school0.78 miles
Public Charter Grades KG-8
5
/10
Hollenbeck Middle School
2510 E 6th St
Distance between this listing and this school0.90 miles
Public District Grades 6-8
8
/10
Kipp los Angeles College Preparatory
2810 Whittier Blvd
Distance between this listing and this school1.07 miles
Public Charter Grades 5-8
Nearby Schools
5
/10
Theodore Roosevelt High School
456 S Mathews St
Distance between this listing and this school0.77 miles
Public District Grades 9-12
8
/10
Math, Science, & Technology Magnet Academy at Roosevelt High School
456 S Mathews St
Distance between this listing and this school0.77 miles
Public Magnet Grades 9-12
7
/10
Boyle Heights STEM High School
2550 E 6th St
Distance between this listing and this school0.78 miles
The neighbors living near this home have an average income of $29,783. Residents of Los Angeles, CA typically earn less than $35k each year. The most common type of family is single, with kids. Typical level of education for residents in this area is high school diploma.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 2857 Cincinnati St
What is the listing price of this property?
The listing price of 2857 Cincinnati St property is $699,000.
What type of property is this?
The property 2857 Cincinnati St is a house located in Los Angeles, California, 90033.
Is this property for sale now?
Active Listing: 2857 Cincinnati St is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $8,539 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on October 12, 2017 for $645,000. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 2857 Cincinnati St has 4 bedrooms and 4 bathrooms.
What is the square footage of this property?
The property 2857 Cincinnati St is 3,884 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 2857 Cincinnati St is 1924.
This home is located at 2857 Cincinnati St in Los Angeles, CA and zip code 90033 in the Boyle Heights neighborhood. This 3,884 square foot home, which was built in 1924, sits on a 0.14 acre lot. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since December 05, 2024 and is currently priced at $699,000.
Los Angeles, CA housing market in November 2024 saw over 512 listings sold above listed price, more than 177 sold at listed price and over 657 sold below. Between October 2024 and November 2024, Los Angeles, CA real estate market has seen decrease in the number of listings by 0.6%. In November 2024, listings were on the market for 38 days. During the same period, the median list price in this real estate market was $1,021,532.
From Rocket Homes Real Estate and based on county public records data.