13 days on rocket

2722 E 2nd St, Los Angeles, CA, 90033

$1,200,000

Home List Price

$10,000*

Closing Credit

7 Bedrooms
4 Baths
2,608 SqFt
$460/SqFt
House
Schools Nearby

Location

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2722 E 2nd St, Los Angeles$1,200,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeOther
ParkingDriveway, Uncovered
Year Built1954
HeatingWall Furnace
ViewCity Lights
MLS #24380526
Lot Size0.15 Acres
StatusActive

About 2722 E 2nd St

We are pleased to present a three (3) property portfolio (may be sold together or separate) totaling nine (9) unit located in Los Angeles, California. The subject property is situated in an ideal East Los Angeles / Boyle Heights location, north of the -5 freeway and east of the -101 freeway. Built in 1954, 2722 E 2nd Street contains an exceptional unit mix of two (2) two-bedroom / one-bathroom units and one (1) three-bedroom / two-bathroom detached single-family residence. There is ample on-site parking available. Built in 1927, 1050 S Bonnie Beach Place contains a incredible unit mix of two (2) two-bedroom / one and a half-bathroom units and one (1) three-bedroom / one and a half-bathroom unit. There is positive initial cash flow at a 7.26% cap rate on current numbers. Additionally, there is potential to convert the carports into multiple ADU unit(s). Built in 1973, 926 S Ford Boulevard contains a streamlined unit mix of three (3) two-bedroom / one and a half-bathroom units with a bonus den. There is potential to convert the carports into multiple ADU unit(s). Situated in an ideal East Los Angeles / Boyle Heights location, this offering presents an excellent opportunity for any investor to capitalize on 30-year fixed residential financing to acquire up to three (3) triplexes all within a few miles of each other.

Property Details

Property Features

Property Information:

  • Architectural Style: Craftsman
  • Year Built: 1954
  • Stories: 2
  • Living Area: 2,608 SqFt

Listing Office:

  • Office Name: Marcus & Millichap
  • Office Phone: (818) 212-2700
  • Listing Agent: Jason Tuvia

Interior Features

Interior Information:

  • Appliances: Dishwasher, Oven, Range, Refrigerator, Range Hood, Dryer, Washer
  • Flooring Type: Wood

Bedroom and Bathroom Information:

  • Total Bedroom Count: 7

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: City Lights

Parking Information:

  • Parking: Driveway, Uncovered

Lot Features

Lot Information:

  • Lot: Landscaped, Rectangular Lot
  • Lot Size: 0.15 Acres

Utilities

Utilities Information:

  • Heating: Wall Furnace

School Info

Assigned Schools Information:

  • School of Communications, New Media and Technology at Roosevelt High School, Public District Grades 9-12
  • Math, Science, & Technology Magnet Academy at Roosevelt High School, Public Magnet Grades 9-12
  • Daniel Pearl Journalism & Communications Magnet, Public Magnet Grades 9-12
  • Hollenbeck Middle School, Public Magnet Grades 6-8
  • Studio, Public District Grades 6-8
  • First Street Elementary School, Public District Grades KG-6
  • Melrose Avenue Elementary School, Public Magnet Grades KG-6
  • Point Fermin Elementary School, Public Magnet Grades KG-5

Other

Directions Information:

  • Directions: The subject property is situated in an ideal East Los Angeles / Boyle Heights location, north of the -5 freeway and east of the -101 freeway.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,200,000
  • Price Per SqFt: $460/SqFt

Tax Information:

  • Annual Amount: $7,840
  • Tax Year: 2021
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Housing Market Comparison

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

Med. Sold Price

$975.9K

Med. Price/SqFt

$628

Avg. Days On Market

34

# of Sold Homes

1403

2722 E 2nd St vs Los Angeles

13 DAYS ON ROCKET

-21 Days

$1,200,000

+$224K More

$460/SqFt

-$168 Less

KEY TAKEAWAY

This property is $224K more than the Median Sold Price and $168/SqFt less than other homes in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #24380526

Listing Office:

  • Office Name: Marcus & Millichap
  • Office Phone: (818) 212-2700
  • Listing Agent: Jason Tuvia

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: 4/29/2024, 6:25:22 PM 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 25, 2020Home Sold
$630,000

Tax History

YEARPROP. TAXASSESSMENT
2021$7,840$630,000
2020$4,092$317,912
2019$4,008$311,680
2018$3,924$305,570
2017$3,924$299,579

History based on county public records data.

Payment Calculator

$6,057

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,664

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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.

Elementary School

school-card-donut-3276268
3
/10
  • First Street Elementary School

  • 2820 E 1st St

  • 0.12 miles

  • Public District Grades KG-6

school-card-donut-3276269
8
/10
  • Melrose Avenue Elementary School

  • 731 N Detroit St

  • 8.53 miles

  • Public Magnet Grades KG-6

school-card-donut-3276270
6
/10
  • Point Fermin Elementary School

  • 3333 S Kerckhoff Ave

  • 23.02 miles

  • Public Magnet Grades KG-5

Middle School

school-card-donut-3276271
6
/10
  • Hollenbeck Middle School

  • 2510 E 6th St

  • 0.42 miles

  • Public Magnet Grades 6-8

school-card-donut-3276272
4
/10
  • Studio

  • 2211 W Avenue 30

  • 4.79 miles

  • Public District Grades 6-8

High School

school-card-donut-3276273
2
/10
  • School of Communications, New Media and Technology at Roosevelt High School

  • 456 S Mathews St

  • 0.36 miles

  • Public District Grades 9-12

school-card-donut-3276274
8
/10
  • Math, Science, & Technology Magnet Academy at Roosevelt High School

  • 456 S Mathews St

  • 0.36 miles

  • Public Magnet Grades 9-12

school-card-donut-3276275
8
/10
  • Daniel Pearl Journalism & Communications Magnet

  • 6649 Balboa Blvd

  • 19.88 miles

  • Public Magnet Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $23,571. Typical income of Los Angeles, CA residents is less than $35k annually. The most common type of family is single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2722 E 2nd St

What is the listing price of this property?

The listing price of 2722 E 2nd St property is $1,200,000.

What type of property is this?

The property 2722 E 2nd St is a house located in Los Angeles, California, 90033.

Is this property for sale now?

Active Listing: 2722 E 2nd St is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 2722 E 2nd St are:
First Street Elementary School: GreatSchools Rating 3/10
Melrose Avenue Elementary School: GreatSchools Rating 8/10
Point Fermin Elementary School: GreatSchools Rating 6/10
Hollenbeck Middle School: GreatSchools Rating 6/10
Studio: GreatSchools Rating 4/10
School of Communications, New Media and Technology at Roosevelt High School: GreatSchools Rating 2/10
Math, Science, & Technology Magnet Academy at Roosevelt High School: GreatSchools Rating 8/10
Daniel Pearl Journalism & Communications Magnet: GreatSchools Rating 8/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $7,840 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on August 25, 2020 for $630,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 2722 E 2nd St has 7 bedrooms and 4 bathrooms.

What is the square footage of this property?

The property 2722 E 2nd St is 2,608 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 2722 E 2nd St is 1954.

Rocket HomesCaliforniaLos Angeles CountyLos Angeles900332722 E 2nd St

This home is located at 2722 E 2nd St in Los Angeles, CA and zip code 90033 in the Boyle Heights neighborhood. This 2,608 square foot home, which was built in 1954, sits on a 0.15 acre lot. Features: 7 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since April 16, 2024 and is currently priced at $1,200,000.

While more than 628 listings in Los Angeles, CA in March 2024 were sold above asking price, there were more than 196 listings sold at asking price, and more than 579 were sold below. Between February 2024 and March 2024, Los Angeles, CA real estate market has seen increase in the number of listings by 10.8%. Listings spent 34 days on the market in March 2024, and had a median list price of $975,970 during the same period.

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

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