OFF MARKET

Off market may 2019 for $880K

$938,721

Est. refi paymentEst. refi $5,707/mo

•

4 ba

•

2,002

sq ft

1656 Ricardo St, Los Angeles, CA 90033

About this home

The subject property is a 4 unit bungalow, apartment complex built in 1921. The unit mix is two 1 bedroom, 1 bathroom units with a den and two 2 bedroom, 2 bathroom units. Each unit is its own structure and has its own entrance with no shared walls. The improvements are built on a 7,500 square foot lot with total rentable square footage of 2,002. The area is undergoing a major economic renaissance during the past decade. The new apartment and mixed use developments and existing apartment renovations in the area have provided an increase in the demand for high end rental units. This property offers an affordable option to the high rents that the area now commands. The property sits conveniently near Downtown LA and in close proximity to Lincoln Heights, El Sereno, Mt. Washington, Highland Park, major freeways, and much more.

Multi-familyProperty Type

1921Year Built

7,500 sq ftLot Size

$469Est. Price/Sq.Ft.

6 spacesParking

Listed by Morgan McMullin •DRE #01716570 • Compass

•424-231-5635 (agent)

•morgan@mcmullincre.com (agent)

Bought with Hofit Kahn •DRE #01983538 • KW Advisors

Redfin checked: 3 minutes ago

•Source:TheMLS #19-435832

Redfin Estimate

$938,721

$59K since sold in May 2019$34K since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 32.1% higher than the average sale price ($711K) of 6 comparable homes.

SOLD AUG 17, 2026
$770,000
A
6 beds3 baths1,984 sq ft
2500 Ganahl, Los Angeles, CA 90033
SOLD JUL 24, 2026
$770,000
B
5 beds5 baths1,624 sq ft
2553 Verde St, Los Angeles, CA 90033
SOLD JUL 22, 2026
$900,000
C
5 beds3.5 baths2,361 sq ft
1542 Ricardo, Los Angeles, CA 90033
SOLD JUL 9, 2026
$480,000
D
5 beds2 baths1,588 sq ft
2837 Ganahl St, Los Angeles, CA 90033
SOLD SEP 10, 2026
$745,000
E
5 beds3 baths2,161 sq ft
2415 N Gates St, Los Angeles, CA 90031
SOLD JUN 29, 2026
$600,000
F
5 beds2 baths1,880 sq ft
923 N Alma Ave, Los Angeles, CA 90023

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Earn from this home

Sell

$286,778

Est. take-home

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Refinance

Est. cash available

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Market trends in Eastside LA, CA

Last updated August 2026

Buyer's Market

Seller's Market

Balanced market

Sale-to-List Price

100.0%

+0.1% MoM

Median sale price

$737K

$3K MoM

Avg. days on market

62d

9 days MoM

Recently sold homes

175

15 MoM

New listings for sale

$800,000
3 beds4 baths2,104 sq ft
2019 City Vw, Los Angeles, CA 90033
$650,000
4 beds1 bath1,503 sq ft
1233 N Evergreen Ave, Los Angeles, CA 90033
$675,000
5 beds2 baths1,900 sq ft
422 N Mott St, Los Angeles, CA 90033
VIDEO TOUR
$539,998
3 beds2 baths900 sq ft
2410 Alcazar St, Los Angeles, CA 90033
$1,375,000
11 beds7 baths4,493 sq ft
527 N Cummings St, Los Angeles, CA 90033
$650,000
5 beds4 baths1,941 sq ft
341 N Savannah St, Los Angeles, CA 90033
3D WALKTHROUGH
$669,000
5 beds2 baths1,831 sq ft
822 N Fickett, Los Angeles, CA 90033
$950,000
4 beds3 baths1,817 sq ft
1651 Tremont, Los Angeles, CA 90033
See all

Provided by Redfin

Sale history for 1656 Ricardo St

Date

Event

Price

APPFOLIO #1

Mar 14, 2024

Rental Removed

$1,825

$1/sq ft

Jan 18, 2024

Listed for Rent

$1,825

$1/sq ft

Greater Lansing AoR #19435832

May 31, 2019

Sold

$880,000

$440/sq ft

Feb 19, 2019

Listed

$895,000

$447/sq ft

SDMLS #301756845

May 31, 2019

Sold

$880,000

$440/sq ft

Feb 19, 2019

Listed

$895,000

$447/sq ft

TheMLS #19-435832

May 31, 2019

Sold

$880,000

$440/sq ft

May 22, 2019

Pending

—

Feb 19, 2019

Listed

$895,000

$447/sq ft

SDMLS #301738251

Nov 6, 2018

Listing Removed

—

May 16, 2018

Listed

$895,000

$447/sq ft

TheMLS #17-191566

Mar 28, 2017

Sold

$657,500

$328/sq ft

Jan 25, 2017

Pending

—

Jan 10, 2017

Listed

$699,000

$349/sq ft

SDMLS #301769847

Mar 28, 2017

Sold

$657,500

$328/sq ft

Jan 10, 2017

Listed

$699,000

$349/sq ft

Public Records

May 17, 2013

Sold

$520,000

$260/sq ft

CRMLS #12173821

May 20, 2013

Sold

$519,900

$260/sq ft

Apr 11, 2013

Pending

—

Apr 6, 2013

Pending

—

Mar 26, 2013

Listed

$519,900

$260/sq ft

CRMLS #22170971

Mar 26, 2013

Listing Removed

—

Dec 16, 2012

Listed

$519,900

$260/sq ft

CRMLS #22165904

Dec 3, 2012

Listing Removed

—

Jun 28, 2012

Listed

$519,900

$260/sq ft

CRMLS #P0-22141527

Nov 19, 2010

Sold

$176,500

$88/sq ft

Nov 10, 2010

Listing Removed

—

Jul 21, 2010

Listed

$175,000

$87/sq ft

Public Records

Aug 31, 2006

Sold

$565,000

$282/sq ft

CRMLS #R57994

May 1, 2006

Listing Removed

—

Oct 31, 2005

Listed

$550,000

$275/sq ft

CRMLS #M209342

May 10, 2002

Listing Removed

—

Jan 11, 2002

Listed

$209,000

$104/sq ft

CRMLS #R20150

May 10, 2002

Listing Removed

—

Jan 10, 2002

Listed

$209,000

$104/sq ft

CRMLS #M209003

Apr 29, 2002

Listing Removed

—

Dec 5, 2001

Listed

$209,000

$104/sq ft

Public Records

Jun 26, 2000

Sold

$160,000

$80/sq ft

Year

Property tax

Land + Additions

Assessment*

2025

$12,217 (+1.0%)

$646,998 + $334,654

$981,652

2024

$12,097 (+1.9%)

$646,998 + $334,654

$981,652

2023

$11,867 (+4.8%)

$634,312 + $328,093

$962,405

2022

$11,326 (+1.2%)

$621,875 + $321,660

$943,535

2021

$11,187 (−1.0%)

$609,682 + $315,353

$925,035

2020

$11,298 (+32.0%)

$597,728 + $309,170

$906,898

2019

$8,559 (+2.1%)

$591,600 + $306,000

$897,600

2018

$8,380 (+22.8%)

$478,584 + $205,479

$684,063

2017

$6,825 (+2.5%)

$403,193 + $148,543

$551,736

2016

$6,659 (+1.5%)

$403,193 + $148,543

$551,736

2015

$6,562 (−0.7%)

$395,288 + $145,631

$540,919

2014

$6,609 (+161.8%)

$381,725 + $140,635

$522,360

2012

$2,525 (+2.8%)

$183,110 + $520

$183,630

2011

$2,456 (−44.6%)

$179,520 + $510

$180,030

2010

$4,433 (−40.5%)

$176,000 + $500

$176,500

2009

$7,452 (+4.4%)

$240,000 + $80,000

$320,000

2008

$7,137

$410,958 + $176,868

$587,826

Tax history for 1656 Ricardo St

Year

Property tax

Land + Additions

Assessment*

2025

$12,217 (+1.0%)

$646,998 + $334,654

$981,652

2024

$12,097 (+1.9%)

$646,998 + $334,654

$981,652

2023

$11,867 (+4.8%)

$634,312 + $328,093

$962,405

2022

$11,326 (+1.2%)

$621,875 + $321,660

$943,535

2021

$11,187 (−1.0%)

$609,682 + $315,353

$925,035

2020

$11,298 (+32.0%)

$597,728 + $309,170

$906,898

2019

$8,559 (+2.1%)

$591,600 + $306,000

$897,600

2018

$8,380 (+22.8%)

$478,584 + $205,479

$684,063

2017

$6,825 (+2.5%)

$403,193 + $148,543

$551,736

2016

$6,659 (+1.5%)

$403,193 + $148,543

$551,736

2015

$6,562 (−0.7%)

$395,288 + $145,631

$540,919

2014

$6,609 (+161.8%)

$381,725 + $140,635

$522,360

2012

$2,525 (+2.8%)

$183,110 + $520

$183,630

2011

$2,456 (−44.6%)

$179,520 + $510

$180,030

2010

$4,433 (−40.5%)

$176,000 + $500

$176,500

2009

$7,452 (+4.4%)

$240,000 + $80,000

$320,000

2008

$7,137

$410,958 + $176,868

$587,826

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Public record
Permits

Beds

Baths

Stories

—

Lot width

—

Lot depth

—

Lot size

7,502 Sq. Ft.

Year renovated

1921

Sq. Ft.

2,002

Year built

1921

Style

Multi-Family (2-4 Unit)

County

Los Angeles County

APN

5202019005

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Aug 30, 2026.

Feb 16, 2017 • Final

Electrical

Install a new electrical service entrance.

Electrical

Jan 14, 2016 • Final

Bldg-alter/repair

Repair the floor joists in an existing dwelling unit.

Remodel

Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.

Property details

Parking

Garage
Unassigned

Parking
# of Parking Spaces (Total): 6

Interior

Heating & Cooling
No Cooling
No Heat

Multi-Unit Income
Gross Income: 72072
Gross Operating Income: $69,910
Net Operating Income: $49,799

Multi-Unit Expenses
Total Annual Expense: $20,111

Multi-Unit Other Financial Information
Rent Control: 100
Cap Rate: 5.56
Gross Rent Multiplier: 12.42
Scheduled Actual: Actual

Multi-Unit Information
Unit Type Type: 1, 2, 3, 4
Type Of Units: Apartments
# of Buildings: 4

Unit 1 Information
# of Beds: 1
# of Baths: 1.00
Rent: $1,350
Projected Rent: $1,500
Actual Rent: $1,350
# of Units: 1

Unit 2 Information
# of Beds: 1
# of Baths: 1.00
Rent: $1,390
Projected Rent: $1,500
Actual Rent: $1,390
# of Units: 1

Unit 3 Information
# of Beds: 2
# of Baths: 2.00
Rent: $1,576
Projected Rent: $1,700
Actual Rent: $1,576
# of Units: 1

Unit 4 Information
# of Beds: 2
# of Baths: 2.00
Rent: $1,690
Projected Rent: $1,700
Actual Rent: $1,690
# of Units: 1

Exterior

Building Information
Total Floors: 1

Property Information
Property Type: Residential Income

Lot Information
Lot Size (Sq. Ft.): 7,500
Zoning: LARD1.5

Financial

Assessment Information
Assessed Land Value: $403,193
Assessed Improvement Value: $148,543
Assessor Parcel Number: 5202-019-005

Location

Community Information
# of Units in Complex (Total): 4

Location Information
Directions: Blocks Away from LAC+USC Health Sciences Campus. The property is located on the east side of Ricardo Street in Boyle Heights (Los Angeles), just south Valley Boulevard and east of Soto Street.

Public facts

Beds: 4
Baths: 4.0
Sq. Ft.: 2,002
Stories: —
Lot Size: 7,502 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1921
Year Renovated: 1921
County: Los Angeles County
APN: 5202019005

Home facts updated by county records on Aug 30, 2026

Other

Documents & Disclosures
Disclosures: As Is

Around this home

Schools

Murchison Street Elementary School

Public K-6 • Assigned • 0.2mi

4/10

El Sereno Middle School

Public 6-8 • Assigned • 1.5mi

7/10

Woodrow Wilson Senior High School

Public 9-12 • Assigned • 0.7mi

6/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Local insights from Redfin agents

The LA market is rewarding realistic pricing and good strategy. Buyers have more choices and are taking their time, while sellers who price correctly are still getting results. The days of simply “testing the market” are behind us—in this market,...
2 weeks ago • Los Angeles
Peter Santos
Redfin Premier agent
84 deals
Was this helpful?
LA's real estate market stays a top-tier profit machine through the mid point of26! Strong demand, tight inventory, and the city's allure drive steady 3-7% appreciation. High equity and robust rents make it ideal for long-term investors seeking...
2 months ago • Los Angeles
Thomas Chorley
Redfin Premier agent
Was this helpful?

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

6/10 Heat Factor

7 days above 94° expected this year, 21 days in 30 years

1/10 Wind Factor

Minimal risk of severe winds over next 30 years

6/10 Air Factor

11 unhealthy days expected this year, 12 days in 30 years

Provided by First Street

Historical weather

Los Angeles, CA • 90033

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 9.5 hours in June and 6.8 hours in December, placing it above the U.S. average for solar exposure.

9.5 hrs

6.8 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$892,000 – $1.08M

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Home values near 1656 Ricardo St

Data from public records.

Address	Redfin Estimate
1670 Ricardo St, Los Angeles, CA 15 Beds \| 7 Baths \| 680 Sq. Ft.	—
1630 Ricardo St, Los Angeles, CA 2 Beds \| 1 Baths \| 726 Sq. Ft.	$868,191

Address	Redfin Estimate
1642 Ricardo St, Los Angeles, CA 4 Beds \| 2 Baths \| 1440 Sq. Ft.	$642,752
1620 Ricardo St, Los Angeles, CA 3 Beds \| 1 Baths \| 924 Sq. Ft.	$649,713

Address	Redfin Estimate
1638 Ricardo St, Los Angeles, CA 6 Beds \| 3 Baths \| 2110 Sq. Ft.	$795,020
1611 Ricardo St, Los Angeles, CA 3 Beds \| 2 Baths \| 1286 Sq. Ft.	$665,180

Property information provided by undefined .

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Earn from this home

Market trends in Eastside LA, CA

Sale history for 1656 Ricardo St

Tax history for 1656 Ricardo St

Public record

Property details

Around this home

Schools

Lifestyle

Local insights from Redfin agents

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 90033

Home values near 1656 Ricardo St

More real estate resources