8 months on rocket

305 S Mott St, Los Angeles, CA, 90033

$1,099,000

Home List Price

$10,000*

Closing Credit

0 Baths
Multi

Location

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305 S Mott St, Los Angeles$1,099,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeTriplex
Year Built1922
MLS #TR24077418
Lot Size0.15 Acres
StatusActive

About 305 S Mott St

Great investment opportunity to add to your portfolio of rental properties. Over $100,000 spended for exterior upgrades recently. Located in Boyle Heights of Los Angeles with easy access to Downtown Los Angeles and only approximately 7 miles from USC. Units are currently all occupied. Do not miss this great opportunity! County record shows: Multi-Family 3-Unit, but seller bought the property with 4 existing units with 4 long term tenants inincluded. Seller keeps the rents low, there is much room to increase. Per seller, City just recently approved the property as 4 units( documents to be verified and followed)

Property Details

Property Features

Property Information:

  • Year Built: 1922
  • Stories: 1

Listing Office:

  • Office Name: Keller Williams Signature Realty
  • Office Phone: (909) 576-9999
  • Listing Agent: Heidi Mao

Exterior Features

Exterior Information:

  • Private Pool: No

Lot Features

Lot Information:

  • Lot Size: 0.15 Acres

Other

Directions Information:

  • Directions: 3rd street

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,099,000

Tax Information:

  • Annual Amount: $8,391
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

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Los Angeles, CA

City

Med. Sold Price

$1.0M

Med. Price/SqFt

$640

Avg. Days On Market

38

# of Sold Homes

1346

305 S Mott St vs Los Angeles

243 DAYS ON ROCKET

+205 Days

$1,099,000

+$77.4K More

KEY TAKEAWAY

This property is $77.4K more than the Median Sold Price in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #TR24077418

Listing Office:

  • Office Name: Keller Williams Signature Realty
  • Office Phone: (909) 576-9999
  • Listing Agent: Heidi Mao

IDX 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, 7:20:58 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

Aug 02, 2019Home Sold
$432,100
Apr 07, 2005Home Sold
$390,000
Apr 21, 2004Home Sold
$310,000

Tax History

YEARPROP. TAXASSESSMENT
2021$8,391$675,930
2020$6,165$669,000
2019$6,074$487,321
2018$5,945$477,766
2017$5,945$468,399

History based on county public records data.

Payment Calculator

$5,553

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,361

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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.

Nearby Schools

school-card-donut-4435587
6
/10

  • 1st Street Elementary

  • 2820 E 1st St

  • 0.22 miles

  • Public District Grades PK-6

school-card-donut-4435588
3
/10

  • Breed Street Elementary School

  • 2226 E 3rd St

  • 0.37 miles

  • Public District Grades KG-6

school-card-donut-4435589
6
/10

  • Kipp Promesa Preparatory

  • 207 S Dacotah St

  • 0.37 miles

  • Public Charter Grades KG-4

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $32,188. Typical income of Los Angeles, CA residents is less than $35k annually. Typical family type is single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›California›Los Angeles County›Los Angeles›90033›305 S Mott St

This home is located at 305 S Mott St in Los Angeles, CA and zip code 90033 in the Boyle Heights neighborhood. This home, which was built in 1922, sits on a 0.15 acre lot. It has been listed on Rocket Homes since April 18, 2024 and is currently priced at $1,099,000.

In November 2024, from all listings sold in Los Angeles, CA there were more than 512 sold above asking price, over 657 sold below and more than 177 were sold right at the asked price. Between October 2024 and November 2024, Los Angeles, CA real estate market has seen decrease in the number of listings by 0.6%. The median list price of listings available in November 2024 was $1,021,532, while the average time on the real estate market was 38 days.

From Rocket Homes Real Estate and based on county public records data.

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