2821 Sierra St
Los Angeles, CA 90031

Bd   Ba   2,854 Sqft   231 Days
Great investment property, best price in town with good income at approx. $56000/mo. This one story 6- units apartment is located in desirable area, just few blocks north from broadway, close to elementary and high school, shopping and bus stops, easy freeway access. This 6-units complex including one -2 bedrooms, one - 1 bedroom and 4 studios. Iron gated in the front, nice yard, newer stoves about two years, laminated wood floor in 4 units living room, each unit has it's own kitchen and bathroom, common laundry room in rear. Profile shows that was built in 1923, the city record also shows that 2 units were built in 1974. Building size looks bigger than the profile of 2874 sf. Buyers to do their own investigation and satisfy themselves. Seller spent about $30,000 for the rehab in 2014, including installed a new water meter(about $8500); in 2016, completed all requirements by the housing department. All unit with laminated wood flooring and iron exterior doors, most window are new, newer stoves, some unit painted in 2014 and some painted in last year. This year, seller spent more than $10,000 to install new gas pipe line. Please note, this apartment is located in rent control area, rent can be increased 3% annually, new buyer has rent increase potential to get more income. Please do not walk on the property, do not disturb tenants! Drive by only, make an offer subject to interior inspection.
  • $0 HOA
  • $234/Sqft
  • MLS#WS17023260 provided by KINNY LIN of TREELANE RLTY GRP. T.C COMM
  • Movoto last checked CRMLS for new data 2 hours ago
  • CRMLS last updated this listing 2 weeks ago

Home Features for 2821 Sierra Street, Los Angeles

Year Built: 1923
Lot Size Acres: 0.17
Lot Size Square Feet: 7491
Lot Size Units: Square Feet
Lot Size Area: 7491
Price Per Square Foot: 234.06
Tax Lot: 8
Tax Tract Number: 1992
New Taxes Expense: 6121
Parcel Number: 5208020009
TaxYear: 2014
Tax Annual Amount: 10328
Special Listing Conditions: Standard
Standard Status: Pending
Exterior
Common Walls: 1 Common Wall
Building Area Units: Square Feet
Average 2nd Bedroom Area Units: Square Feet
Average Studio Area Units: Square Feet
Number Of Buildings: 6
Average 3rd Bedroom Area Units: Square Feet
Average 1st Bedroom Area Units: Square Feet
Building Area Total: 2854
Parking Features: Assigned, Parking Space
Number Of Units Total: 6
Property Attached Y/N: 1
Amenities / Utilities
Fireplace Features: None
Trash Expense: 1650
Water Sewer Expense: 4500
Electric Expense: 1800
Laundry Features: Individual Room
Community Features: Sidewalks, Street Lighting
Spa Features: None
Pool Features: None
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Compare Similar Homes for 2821 Sierra Street, Los Angeles

Movoto doesn't have sqft for the comparable homes.
A 3.59 mi
3857 Filion St
  • $555,000
  • For Sale

    64 days

  • 1 Bd
  • 1 Ba
  • 8,236 Sqft Lot
  • Built 1924
YOU
ARE
HERE
2821 Sierra St
  • $668,000
  • Pending

    231 days

  • — Bd
  • — Ba
  • 2,854 Sqft
  • $234 /Sqft
  • 7,491 Sqft Lot
  • Built 1923

Property History for 2821 Sierra Street, Los Angeles

Status
Date
Price
Pending
Aug 7, 2017
Active
(Under Contract)
Jul 24, 2017
Listed
Feb 2, 2017
$668,000
#WS17023260
Listed
Nov 8, 2016
$658,000
#WS16743441
Price Change
Sep 25, 2016
$668,000
Listed
Jun 30, 2016
$698,000
#WS16143368

Real Estate Market Statistics for 2821 Sierra Street, Los Angeles

YOU ARE HERE

2821 Sierra Street

No data!
Lincoln Heights
Los Angeles
90031
List Price
Price/Sqft
Homes for Sale
Days on Movoto

List Price

$668K

2821 Sierra Street

$388K

Lincoln Heights

0% y/y

Lincoln Heights

$610K

90031

0% y/y

90031

$969K

Los Angeles

1% y/y

Los Angeles

See all trends for Los Angeles
2821 Sierra St in 90031 is currently listed for 668,000. As of today, , this is 31% below the median price of $969,950 for the city of Los Angeles, CA and 10% above the median of $610,000 for ZIP code 90031. Right now, there are 17 properties for sale in 90031 and 2,010 properties listed for sale in Los Angeles. Those 2,010 properties are made up of 1,413 single family homes and 597 condos. The square footage of 2821 Sierra St is approximately 2,854, which is 69% above the median size of 1,688 Sqft in Los Angeles and 114% above the median size of 1,335 Sqft in ZIP code 90031. This property's price per Sqft is $234, which is 43% below the $407 median in 90031 and 61% below the $598 Los Angeles median.
Built in 1923, this multi family house at 2821 Sierra St is approximately 2,854 square feet and does not come with a parking spot. It is listed on 02/02/2017 with a cost per Sqft of $234. 2821 Sierra St is located in the Lincoln Heights neighborhood in the Los Angeles Unified School District. The closest school is Glen Alta Elementary School.

2821 Sierra St has been on the market for 231 days. The median days on the market for properties in this area is 42 with a median list price of $969,950 and median cost per square foot of $598. It's currently listed as pending under the MLS #WS17023260.

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