NOT LISTED FOR SALE

1114 E 75th St Los Angeles, CA 90001

Estimated Value: $610,000 - $738,825

3 Beds
2 Baths
1,692 Sq Ft
$400/Sq Ft Est. Value

Last Sold August 14, 2019

Last sale price $460,000 $272 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $4,313/month

20 Days on Market

About This Home

As of August 2019

BACK. ON. MARKET ..... June 24. Please DO NOT DISTURB OCCUPANTS! BACK ON MARKET ......Corner lot duplex One unit completely remodeled .... one unit occupied #1116 (2bd/1ba) and can only be shown with accepted offer.... PLEASE DO NOT DISTURB occupants in unit 1116. We can only show unit 1114 at the moment .... gated entrance. Unit 1114 is a 1bd/1ba complete remodel w new harder floors thru out. Remodeled kitchen light and bright. Custom tile work in bathroom. Separate laundry hook ups. Unit 1116 is a 2bd / 1 ba unit and rents for $1600 per month to month. hard to find ... FOUR CAR GARAGE

Last Agent to Sell the Property

Richard Furstenberg

Furstenberg Realty License #01181680 Listed on: 06/08/2019

Last Buyer's Agent

Louis Ramos

Keller Williams Pacific Estates La Mirada License #02048606

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,484

Year Built

  • Built in 1931

Lot Details

  • 5,207 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Parking

  • 4 Car Garage

Home Design

  • Duplex

Interior Spaces

  • 1,692 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 3
  • Assessor Parcel Number 6024007009

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $900
  • Trash Expense $75
  • Water Sewer Expense $98
  • Operating Expense $1,050
  • Gross Income $3,500
  • Net Operating Income $3,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,484

Year Built

Built in 1931

Lot Details

0

Parking

4

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 98.00
  • Zoning: LCR3YY
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 6024007009
  • Year Built: 1931
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: 1 Common Wall
  • Levels: One
  • Price Per Square Foot: 271.87

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Laundry: Yes
  • Sewer: Public Sewer
  • Trash Expense: 75.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5207.00
  • Lot Size Acres: 0.1195

Multi Family

  • Gross Income: 3500.00
  • Gross Scheduled Income: 3500.00
  • Insurance Expense: 900.00
  • Lot Size Area: 5207.0000 Square Feet
  • Net Operating Income: 3500.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: No
  • Total Expenses: 1050.00

Tax Info

  • Tax Census Tract: 5350.01
  • Tax Lot: 1
  • Tax Tract Number: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 15, 2023
Sold by
Zepeda Brian
Bought by
Zepeda Family Trust and Zepeda
Current Estimated Value
$676,956

Purchase Details

Listed on
Jun 8, 2019
Closed on
Jul 2, 2019
Sold by
Arc Investments Inc
Bought by
Zepeda Brian
Seller's Agent
Richard Furstenberg
Furstenberg Realty
Buyer's Agent
Louis Ramos
Keller Williams Pacific Estates La Mirada
List Price
$439,900
Sold Price
$460,000
Premium/Discount to List
$20,100
4.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.62%
Original Mortgage
$437,000
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 24, 2014
Sold by
Arc Investments Inc
Bought by
Arc Investments Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
3.89%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Apr 2, 2012
Closed on
May 15, 2012
Sold by
Us Bank National Association
Bought by
Arc Investments Inc
Seller's Agent
Carlos Cornejo
Carlos Cornejo, Broker
Buyer's Agent
Carlos Cornejo
Carlos Cornejo, Broker
List Price
$135,000
Sold Price
$135,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.91%

Purchase Details

Closed on
Aug 8, 2011
Sold by
Reyes Maria Theresa
Bought by
U S Bank National Association

Purchase Details

Closed on
Jul 23, 2002
Sold by
Valadez Armando and Valadez Ernesto
Bought by
Reyes Maria Theresa

Purchase Details

Closed on
Aug 12, 1997
Sold by
Cyprus Kip C
Bought by
Valadez Armando

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,900
Interest Rate
7.49%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 20, 1997
Sold by
Cyrpus Amy L
Bought by
Cyprus Kip C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,300
Interest Rate
7.63%

Purchase Details

Closed on
Apr 1, 1996
Sold by
Sanford Walter and Sanford Charlyne
Bought by
Bank Of America National Tr & Svgs Assn

Purchase Details

Closed on
Jul 2, 1994
Sold by
White Christine
Bought by
Sanford Walter
Source: Public Records

Range of Values:

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Average Value
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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
Zepeda Family Trust -- None Listed On Document
Zepeda Brian $460,000 Wfg National Title Company
Arc Investments Inc -- Chicago Title Company
Arc Investments Inc $125,000 First American Title Ins Co
U S Bank National Association $184,722 None Available
Reyes Maria Theresa -- --
Valadez Armando $170,000 Southland Title Corporation
Cyprus Kip C -- Old Republic Title Company
Cyprus Kip C $79,000 Old Republic Title Company
Bank Of America National Tr & Svgs Assn $85,600 American Title Ins Co
Sanford Walter -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Zepeda Brian $437,000
Previous Owner Arc Investments Inc $1,000,000
Previous Owner Arc Investments Inc $135,000
Previous Owner Reyes Maria Theresa $175,000
Previous Owner Valadez Armando $165,900
Previous Owner Cyprus Kip C $90,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/14/2019 08/14/19 Sold $460,000 +2.3% $272 / Sq Ft
06/24/2019 06/24/19 Price Changed $449,800 0.0% $266 / Sq Ft
06/14/2019 06/14/19 Price Changed $449,900 +2.3% $266 / Sq Ft
06/08/2019 06/08/19 For Sale $439,900 +225.9% $260 / Sq Ft
05/15/2012 05/15/12 Sold $135,000 0.0% $80 / Sq Ft
04/05/2012 04/05/12 Pending -- -- --
04/02/2012 04/02/12 For Sale $135,000 -- $80 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $7,484 $503,072 $262,472 $240,600
2024 $7,484 $493,209 $257,326 $235,883
2023 $7,197 $483,539 $252,281 $231,258
2022 $6,888 $474,059 $247,335 $226,724
2021 $6,815 $464,765 $242,486 $222,279
2019 $3,034 $140,742 $45,487 $95,255
2018 $2,930 $137,984 $44,596 $93,388
2016 $2,818 $132,627 $42,865 $89,762
2015 $2,782 $130,636 $42,222 $88,414
2014 $2,793 $128,078 $41,395 $86,683
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: TR19135194

California Regional Multiple Listing Service (CRMLS)

APN: 6024-007-009