2942 East 2nd Street

Los Angeles, CA 90033

$850,000
Price
7
Beds
2,402 Sq. Ft.
$354 / Sq. Ft.
2,402
Sq. Ft.
$354
per Sq. Ft.

Description

The front 3 bedroom house is comfortable and spacious. The property is centrally located in the heart of Boyle Heights. The driveways can accommodate 3-4 cars. There is pedestrian alley access. The property is near railways, buses, and freeways. The Metro railway is about 7 blocks away. This property recently had a City of Los Angeles Housing Code Enforcement Division inspection. All minor infractions have been corrected. Note: This property indicates a strong section-8 proforma.The front 3 bedroom house is comfortable and spacious. The property is centrally located in the heart of Boyle Heights. The driveways can accommodate 3-4 cars. There is pedestrian alley access. The property is near railways, buses, and freeways. The Metro railway is about 7 blocks away. This property recently had a City of Los Angeles Housing Code Enforcement Division inspection. All minor infractions have been corrected. Note: This property indicates a strong section-8 proforma.

Property Details for 2942 East 2nd Street

Parking Spaces Total
0
Private Pool
No
Cooling Type
Wall/Window
Total Units
3.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
2402
Assessor Parcel Number
5179-004-025
LISTING UPDATED: 07/01/2024 11:23 PM

Property Details for 2942 East 2nd Street

StatusActive
MLS #MB24134119
Days on Market68
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1928
Lot Size0.12 AC / 5,251 SF
CountyLos Angeles County

Building Information for 2942 East 2nd Street

Stories2Residences-Year Built1928Building Size-Lot Size0.12 AC / 5,251 SF

Property Information for 2942 East 2nd Street

Rental Info
Rental Info
  • Tenant Pays: Electricity, Gas
Income / Expense / Tax Details
Income Details
  • Gross Income: $46,138
  • Gross Scheduled Income: $46,138
  • Net Operating Income: $26,344
Expense Details
  • Operating Expense: $19,794
  • New Taxes Expense: $10,625
  • Fuel Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $1,569
  • Trash Expense: $600
  • Water Sewer Expense: $7,000
  • Total Expenses: $19,794
Tax / Assessment Info
  • Tax Tract Number: 2041
  • Tax Census Tract: 2041.10
  • CFD/Mello-Roos Fee: $424
  • Tax Lot: 50
Community / Development
Community / Development
  • Assessments YN: Yes
  • Assessments: Unknown
  • Community Features: Park, Sidewalks, Street Lights
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Gas Dryer Hookup, Inside, Washer Hookup
  • Cooling: Wall/Window Unit(s)
  • Heating Type: Baseboard, Ductless
  • Heating: Baseboard, Ductless
  • Heat Equipment: Baseboard
Exterior Features
  • Roof: Shingle
  • Entry Location: north side
  • Fence: Yes
  • Fence: Wrought Iron
  • Fencing: Wrought Iron
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: Back Yard, Front Yard, Lawn, Near Public Transit, Park Nearby
  • Number Of Units: 3
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: One, Two
  • Water: Public
  • Sewer: Public Sewer
  • Electric: Electricity - On Property
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking: Yes
  • Parking Garage: Driveway
  • Parking Garage Spaces: 0
  • Carport Spaces: 0
  • Parking Features: Driveway, Concrete
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 0
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,518
  • Unit Type Total Rent: $1,518
  • Unit Type Pro Forma: 3500
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 0
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,432
  • Unit Type Total Rent: $1,432
  • Unit Type Pro Forma: 2000
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 0
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $894
  • Unit Type Total Rent: $894
  • Unit Type Pro Forma: 1700
  • Unit Type Type: 3
Unit Information
  • Rent Controlled: Yes
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1

Property History for 2942 East 2nd 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 2942 East 2nd Street

Taxable ValueLand$440,000Additions$350,000Total$790,000
Tax Record2023$7,201 ($600 / month)
Home Facts
Total Finished SqFt2,402 SqFtAbove Grade Finished SqFt2,402 SqFtLot Size5,249 SqFtStyleTriplexYear Built1928ZoningLAR2CountyLOS ANGELESAPN5179-004-025

Schools near 2942 East 2nd 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
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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2942 East 2nd Street is a multi-family home for sale in Los Angeles, CA 90033. This property was listed for sale on June 30, 2024 by MARIO MOJARRO, BROKER, it's currently listed at $850,000. It has been on the market for a total of 68 days and was last sold on December 5, 2022. This listing's school district is Los Angeles Unified School District. Nearby schools include First Street Elementary School, Extera Public Schools and Theodore Roosevelt Senior High. 2942 East 2nd Street is a 7-bed, 0-bath, 2,402 sqft multi-family home built in 1928.

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 MARIO MOJARRO, BROKER, MARIO DURAN MOJARRO, DRE #00700353

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.