NOT LISTED FOR SALE

1020 E 75th St Los Angeles, CA 90001

Florence Neighborhood

Estimated Value: $1,077,000 - $1,110,500

-- Bed
1 Bath
900 Sq Ft
$1,215/Sq Ft Est. Value

Last Sold April 03, 2017

Last sale price $680,000 $756 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $6,762/month

192 Days on Market

About This Home

As of April 2017

This asset offers investors an opportunity to purchase a desirable property with stabilize income. 1020 East Florence Ave is well position in a thriving rental market. Offer subject to inspection.

Last Agent to Sell the Property

Wasiu Animashaun

Pacific Playa Realty License #01828978 Listed on: 09/21/2016

Last Buyer's Agent

Wasiu Animashaun

Pacific Playa Realty License #01828978 Listed on: 09/21/2016

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,180

Year Built

  • Built in 1928

Lot Details

  • 6,004 Sq Ft Lot

Home Design

  • 900 Sq Ft Home

Community Details

  • 2 Buildings
  • 6 Units

Listing and Financial Details

  • Assessor Parcel Number 6023-013-017

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,180

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 900
  • Year Built: 1928
  • Number Of Photos: 10
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Dining Room: 0
  • Family Room: 0
  • Den: 0
  • Price Per S Q F T: 777.78

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Lot Info

  • Assessed Improvement Value: 60004
  • Assessed Land Value: 37498
  • Assessor Parcel Number: 6023-013-017
  • Geocode Override: No
  • Lot Size Area: 6004

Multi Family

  • Unit Type: 2106
  • Gross Rent Multiplier: 10.33
  • Number Of Units: 6
  • Rent Control: 100
  • Total Annual Expense: 22715
  • Type Of Units: Apartment
  • Vacancy Rate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 23, 2017
Sold by
2020 Foothill Llc
Bought by
1020 Nsk Llc
Current Estimated Value
$1,093,750

Purchase Details

Closed on
Dec 16, 2016
Sold by
Minnix Zelber Daniel and Minnix Michele Ayers
Bought by
2020 Foothill Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$476,000
Interest Rate
4.17%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 9, 2008
Sold by
Minnix Zelber D and Minnix Michele A
Bought by
Minnix Zelber Daniel and Minnix Michele Ayers
Source: Public Records

Range of Values:

Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
1020 Nsk Llc -- Accommodation
2020 Foothill Llc $680,000 Fidelity National Title Co
Minnix Zelber Daniel -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 1020 Nsk Llc $725,000
Closed 1020 Nsk Llc $745,000
Previous Owner 2020 Foothill Llc $476,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/03/2017 04/03/17 Sold $680,000 -2.9% $756 / Sq Ft
01/03/2017 01/03/17 For Sale $700,000 +2.9% $778 / Sq Ft
01/01/2017 01/01/17 Off Market $680,000 -- --
11/01/2016 11/01/16 Price Changed $700,000 -1.4% $778 / Sq Ft
09/21/2016 09/21/16 For Sale $710,000 -- $789 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

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 $10,180 $789,193 $464,232 $324,961
2024 $10,180 $773,720 $455,130 $318,590
2023 $9,995 $758,550 $446,206 $312,344
2022 $9,558 $743,677 $437,457 $306,220
2021 $9,438 $729,096 $428,880 $300,216
2020 $9,525 $721,621 $424,483 $297,138
2019 $9,173 $707,472 $416,160 $291,312
2018 $9,058 $693,600 $408,000 $285,600
2016 $1,833 $97,502 $37,498 $60,004
2015 $1,816 $96,038 $36,935 $59,103
2014 $1,863 $94,158 $36,212 $57,946
Source: Public Records

Agents Affiliated with this Home

  • W

    Seller's Agent in 2017

    Wasiu Animashaun

    Pacific Playa Realty

See All Agents

Map

Source: The MLS

MLS Number: 16-164470

The MLS

APN: 6023-013-017

California Los Angeles County Los Angeles 90001 Florence

1020 E 75th St, Los Angeles, CA

This home is located at 1020 E 75th St, Los Angeles, CA 90001 since 21 September 2016 and is currently estimated at $1,093,750, approximately $1,215 per square foot. This property was built in 1928. 1020 E 75th St is a home located in Los Angeles County with nearby schools including Wisdom Elementary School, Academy For Multiligual Arts And Science At Mervyn M. Dymally High, and KIPP Philosophers Academy.

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