Recently remodeled 2 units property. All bathrooms and kitchens have been updated for each unit, including the new roof and electricity. New windows on front and back units. Great property for that investor looking for a good cash flow. The property is listed as two units but functions as 5 units.
Property Details
Property Features
Property Information:
Architectural Style: Spanish
Year Built: 1998
Stories: 2
Listing Office:
Office Name: Elite Homes Realty
Office Email: gtorres419@yahoo.com
Listing Agent: Grace Torres-Blanton
Interior Features
Interior Information:
Appliances: Electric Oven, Gas Oven
Flooring Type: Tile
Fireplace: None
Exterior Features
Exterior Information:
Private Pool: No
View: None
Parking Information:
Parking: Driveway
Lot Features
Lot Information:
Lot Size: 0.13 Acres
Utilities
Utilities Information:
Heating: Wall Furnace
Other
Directions Information:
Directions: ATLANTIC BLVD SOUTH TO 6TH ST TO HOEFNER AVE
Price Information
Listing Price Info
Price Summary:
List Price: $999,000
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 $24.4K less 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: #OC24147362
Listing Office:
Office Name: Elite Homes Realty
Office Email: gtorres419@yahoo.com
Listing Agent: Grace Torres-Blanton
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: 11/21/2024, 12:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$5,053
Per Month
Principal & Interest
$4,986
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
$3,062
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
4
/10
Joseph A. Gascon Elementary
630 Leonard Ave
Distance between this listing and this school0.42 miles
Public District Grades KG-5
8
/10
Kipp Raices Academy
668 S Atlantic Blvd
Distance between this listing and this school0.42 miles
Public Charter Grades KG-4
4
/10
4th Street Elementary
420 Amalia Ave
Distance between this listing and this school0.49 miles
Public District Grades 2-5
Nearby Schools
5
/10
Eastmont Intermediate
400 Bradshawe St
Distance between this listing and this school0.43 miles
Public District Grades 6-8
5
/10
Griffith Middle School
4765 E 4th St
Distance between this listing and this school0.93 miles
Public District Grades 6-8
5
/10
Arts in Action Community Middle School
745 S Kern Ave
Distance between this listing and this school0.96 miles
Public Charter Grades 6-8
Nearby Schools
2
/10
Montebello Community Day
123 S Montebello Blvd
Distance between this listing and this school0.43 miles
Public District Grades 7-12
7
/10
James A. Garfield Senior High School
5101 E 6th St
Distance between this listing and this school0.56 miles
Public District Grades 9-12
2
/10
Monterey Continuation
466 Fraser Ave
Distance between this listing and this school0.69 miles
The neighbors living near this home have an average income of $47,388. The most common annual income of people living in Los Angeles, CA is between $35k-100k. Typical family type is married, with kids. The majority of residents in this area have high school diploma education.
This home is located at 626 Hoefner Ave in East Los Angeles, CA and zip code 90022 in the The Eastside neighborhood. This home, which was built in 1998, sits on a 0.13 acre lot. It has been listed on Rocket Homes since July 18, 2024 and is currently priced at $999,000.
Over 598 listings were sold over their listed price in October 2024 in Los Angeles, CA. In the same period over 753 listings were sold below the listed price and 191 listings were sold for the listed price. The number of listings in Los Angeles, CA increased by 11.2% between September 2024 and October 2024. The median list price of listings available in October 2024 was $1,023,474, while the average time on the real estate market was 38 days.
From Rocket Homes Real Estate and based on county public records data.