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$960,000
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Property Description
An opportunity of a lifetime to own an Income property in this 241-year-old historical Los Angeles community. This 5- unit 2 bedrooms 1 bath each. With 4 parking spaces with washer and dryer hook ups each unit is 1200 of living space. Easy accesses to major freeway's such as the 5 and 10 and 101.Boyle Heights mix of history and trendy coffee shops, Restaurants, art and music creates a high demand for renter's desire to live with the community being 75% of residence are renters. Schools Breed st elementary, Hollenbeck middle and Rosevelt High school are within walking distance as are major parks Ross Valencia community park and historical Hollenbeck Park. The signs of gentrification are clear as new development and companies moving into the area.
Full Property Details
Full Property Details for 2016 Pennsylvania Ave
General
- Sold For: $960,000
- Status: Closed
- Type: Multi-Family
- Source: MRMLS
- MLS ID: DW23159633
- Added to Site: 917 day(s) ago
Rooms
Other Rooms
- Laundry: Gas Dryer Hookup, Washer Hookup
Additional Information
- Pool Description: None
Parking
- Garage Spaces: 4
Location
- Area: BOYH - Boyle Heights
- County: Los Angeles
- Development Name: BOYH - Boyle Heights
- Driving Directions: SAINT LUIS AND 1ST
Utilities
- Sewer: Public Sewer
- Water: Public
- # Water Meters: 1
- # Gas Meters: 1
- # Electric Meters: 1
Structural Information
- Entry Location: street
- Stories/Levels: One
- Stories Description: One
- Square Feet: 6,022
- Year Built: 1927
Lot Features
- Lot Size (Acres): 0.1608
- Lot Size Source: Assessor
- Lot Description: 0-1 Unit/Acre
Financial Considerations
- Price Per Sq. Ft.: $159.42
- Price Per Unit: 200000
Listed by Max Real Estate, Amparo Gastelum
Sold by Source Realty Group, RUBEN SANCHEZ
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Schools
Schools serving 2016 Pennsylvania Ave
School District:Los Angeles Unified School District
| Name | Grades | Distance |
|---|---|---|
Second Street Elementary School 1942 East 2nd Street, Los Angeles, CA 90033 | K-6 | 0.2 mi |
Hollenbeck Middle School 2510 East 6th Street, Los Angeles, CA 90023 | 6-8 | 0.7 mi |
Theodore Roosevelt Senior High 456 South Mathews Street, Los Angeles, CA 90033 | 9-12 | 0.5 mi |
Felicitas And Gonzalo Mendez High 1200 Plaza Del Sol East, Los Angeles, CA 90033 | 9-12 | 0.8 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2016 Pennsylvania Ave
Date
Details
Price
Change
Source
12/11/2024
Sold
$960,000
-4%
MLS
10/07/2024
Price Reduced
$1,000,000
-9.09%
MLS
8/13/2024
Price Reduced
$1,100,000
-10.2%
MLS
7/01/2024
Price Reduced
$1,225,000
-2%
MLS
6/01/2024
Price Reduced
$1,250,000
-3.85%
MLS
2/02/2024
Price Reduced
$1,300,000
-6.81%
MLS
8/25/2023
Listed
$1,395,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
2016 Pennsylvania Avenue, Los Angeles, CA 90033 (MLS# DW23159633) is a Multi-Family property that was sold at $960,000 on December 11, 2024. Want to learn more about 2016 Pennsylvania Avenue? Do you have questions about finding other Multi-Family real estate for sale in Los Angeles? You can browse all Los Angeles real estate or contact a Coldwell Banker agent to request more information.

