451 S Lorena St Los Angeles, CA 90063
Boyle Heights NeighborhoodEstimated payment $3,147/month
Highlights
- No HOA
- Neighborhood Views
- Laundry Room
About This Home
Value-add 4-unit property in Boyle Heights. Front unit is tenant-occupied; three rear units are vacant and require substantial rehabilitation prior to occupancy. Ideal for investors seeking a heavy rehab project in a strong rental market. Property sold as-is, where-is, with no warranties as to condition or future use.
Listing Agent
REAL BROKER Brokerage Phone: 909-727-6128 License #01907986 Listed on: 02/03/2026
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1924
Lot Details
- 4,653 Sq Ft Lot
- Two or More Common Walls
- Lot Sloped Down
Parking
- On-Street Parking
Home Design
- Quadruplex
- Entry on the 1st floor
- Major Repairs Completed
- Fixer Upper
Interior Spaces
- 2,719 Sq Ft Home
- 2-Story Property
- Neighborhood Views
- Laundry Room
Bedrooms and Bathrooms
- 5 Bedrooms
- 4 Bathrooms
Additional Features
- Suburban Location
- Septic Type Unknown
Listing and Financial Details
- Tax Lot 13
- Tax Tract Number 2041
- Assessor Parcel Number 5186009013
- $474 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 4 Units
Building Details
- 1 Leased Unit
- Rent Control
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 2 Separate Water Meters
- Insurance Expense $1,500
- Operating Expense $6,000
- Gross Income $15,000
- Net Operating Income $8,550
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $939 | $43,572 | $18,110 | $25,462 |
| 2024 | $939 | $42,718 | $17,755 | $24,963 |
| 2023 | $929 | $41,881 | $17,407 | $24,474 |
| 2022 | $898 | $41,061 | $17,066 | $23,995 |
| 2021 | $872 | $40,257 | $16,732 | $23,525 |
| 2019 | $854 | $39,065 | $16,237 | $22,828 |
| 2018 | $817 | $38,300 | $15,919 | $22,381 |
| 2016 | $753 | $36,814 | $15,301 | $21,513 |
| 2015 | $747 | $36,262 | $15,072 | $21,190 |
| 2014 | $784 | $35,552 | $14,777 | $20,775 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/26/2026 03/26/26 | Pending | -- | -- | -- |
| 03/23/2026 03/23/26 | Price Changed | $575,000 | 0.0% | $211 / Sq Ft |
| 03/23/2026 03/23/26 | For Sale | $575,000 | +10.9% | $211 / Sq Ft |
| 03/18/2026 03/18/26 | Sold | $518,458 | -9.8% | $191 / Sq Ft |
| 03/04/2026 03/04/26 | Pending | -- | -- | -- |
| 02/03/2026 02/03/26 | For Sale | $575,000 | -- | $211 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | Lawyers Title | |
| Interfamily Deed Transfer | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $300,000 | Commercial |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: IV26024374
APN: 5186-009-013
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Ask me questions while you tour the home.