2316 Barlow Street

Los Angeles, CA 90033

$799,000
Price
4
Beds
3
Baths
1,848 Sq. Ft.
$432 / Sq. Ft.
1,848
Sq. Ft.
$432
per Sq. Ft.

Description

Income Property opportunity in the heart of Boyle Heights! This 3-unit building is a diamond in the rough, loads of potential, just needs a little TLC. Perfect for savvy investors, or someone passionate with vision and know how. Each of the three units offers generous space and a flexible layout, making them ideal for modern updates. Whether you're looking to modernize interiors, enhance curb appeal, or explore potential upgrades, the possibilities are endless. The property has an area that could...Income Property opportunity in the heart of Boyle Heights! This 3-unit building is a diamond in the rough, loads of potential, just needs a little TLC. Perfect for savvy investors, or someone passionate with vision and know how. Each of the three units offers generous space and a flexible layout, making them ideal for modern updates. Whether you're looking to modernize interiors, enhance curb appeal, or explore potential upgrades, the possibilities are endless. The property has an area that could be transformed into a charming garden or communal space, enhancing the overall appeal for future tenants or residents. This property is currently tenant occupied, with the potential to increase rental income, as well as property value through updates and improvements. Live in one and rent out the other units or rent them all out, either way you can't lose with an income property. Its location is in a vibrant and evolving neighborhood which further adds to its appeal. It's next to the freeway and many amazing restaurants. Don't miss out on owning 3 units in the city of Boyle Heights.
  1. Listed by Dinah Solorzano • DRE #01134873 • Brokerage DRE #01357691 • The American Dream Investments • 323-351-6676

Property Details for 2316 Barlow Street

Parking Spaces Total
4
Private Pool
No
Cooling Type
Wall/Window
Total Units
3.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
1848
Assessor Parcel Number
5175-003-009
LISTING UPDATED: 09/10/2024 02:28 PM

Property Details for 2316 Barlow Street

StatusActive
MLS #DW24176038
Days on Market26
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1914
Lot Size0.15 AC / 6,375 SF
CountyLos Angeles County

Building Information for 2316 Barlow Street

Stories1Residences-Year Built1914Building Size-Lot Size0.15 AC / 6,375 SF

Property Information for 2316 Barlow Street

Rental Info
Rental Info
  • Tenant Pays: Electricity, Gas
Income / Expense / Tax Details
Income Details
  • Gross Income: $32,000
  • Gross Scheduled Income: $2,686
  • Net Operating Income: $32,000
Expense Details
  • Operating Expense: $620
  • New Taxes Expense: $900
  • Fuel Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $800
  • Trash Expense: $0
  • Water Sewer Expense: $0
  • Total Expenses: $1,700
Tax / Assessment Info
  • Tax Tract Number: 2036
  • Tax Census Tract: 2036.00
  • CFD/Mello-Roos Fee: $0
  • Tax Lot: 2122
Community / Development
Community / Development
  • Community Features: Sidewalks, Street Lights
Property / Structure Info
Interior Features
  • Room Type: All Bedrooms Down, Laundry, Living Room
  • Bedroom Features: All Bedrooms Down
  • Laundry: Yes
  • Laundry Features: Common Area, Outside
  • Cooling: Wall/Window Unit(s)
  • Heating Type: Wall
  • Heating: Wall Furnace
  • Flooring: Carpet, Tile
Exterior Features
  • Entry Location: Front
  • Fence: Yes
  • Fence: Wrought Iron
  • Fencing: Average Condition, Wrought Iron
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: Back Yard, Front Yard, Garden, Yard
  • Number Of Units: 3
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: One
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking Garage Spaces: 0
  • Carport Spaces: 0
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,157
  • Unit Type Total Rent: $1,157
  • Unit Type Pro Forma: 1157
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,068
  • Unit Type Total Rent: $1,068
  • Unit Type Pro Forma: 1068
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,560
  • Unit Type Total Rent: $1,560
  • Unit Type Pro Forma: 1560
  • Unit Type Type: 3
Unit Information
  • Rent Controlled: No
  • Number Of Buildings: 3
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1

Property History for 2316 Barlow Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2316 Barlow Street

Taxable ValueLand$421,663Additions$203,241Total$624,904
Tax Record2023$7,792 ($649 / month)
Home Facts
Total Finished SqFt1,848 SqFtAbove Grade Finished SqFt1,848 SqFtLot Size6,375 SqFtStyleTriplexYear Built1914ZoningLAR2CountyLOS ANGELESAPN5175-003-009

Schools near 2316 Barlow Street

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
Sheridan 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.

Similar Homes

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2316 Barlow Street is a multi-family home for sale in Los Angeles, CA 90033. This property was listed for sale on August 22, 2024 by The American Dream Investments, it's currently listed at $799,000. It has been on the market for a total of 26 days and was last sold on June 12, 2018. This listing's school district is Los Angeles Unified School District. Nearby schools include Sheridan Street Elementary School, Extera Public Schools and Theodore Roosevelt Senior High. 2316 Barlow Street is a 4-bed, 3-bath, 1,848 sqft multi-family home built in 1914.

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. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of The American Dream Investments, Dinah Solorzano, DRE #01134873

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.