
1115 E 75th St Los Angeles, CA 90001
Highlights
- Bungalow
- Gated Home
- 1-Story Property
About This Home
As of September 2024We are pleased to present 1115 E 75th St, a 5-unit bungalow apartment community located in the Florence neighborhood of South Los Angeles, CA. The property, including a fully permitted ADU built in 2022, is comprised of an excellent unit mix of (3) 2 bed/1 Bath units, (1) 3 bed/1 Bath unit and (1) 1 Bed/1 Bath unit. There are currently four (4) Section 8 tenants in-place offering excellent security of income and collections. One unit (2bed/ 1 bath) is currently vacant, allowing an investor to capture market or Section 8 rent immediately. Section 8 Voucher Payment Standards (per HACLA) are currently up to $2,407 for 1-bedroom units, $3,052 for 2-bedroom units, and $3,915 for 3-bedroom units as of 2/2024. The gated property also sits on a 5,007 square feet lot with rear and side alley access and parking for 4 vehicles.1115 E 75th St is centrally located just 4 miles from USC and Downtown with convenient access to the 110 freeway and walkability to local amenities along Central Avenue and Florence Avenue. South Los Angeles has seen significant rent growth over the past several years due to its relative housing affordability and convenient proximity to Downtown Los Angeles, Sofi Stadium, USC, Culver City, and South Bay. Rents in South LA have grown significantly over the past few years with average 2-bedroom market rents reaching $2,300-$2,600 and Section 8 Voucher Payment Standards rising up to $3,052. With low vacancy rates, landlord-favored market conditions, and numerous employment options nearby, South LA is poised for significant long-term growth.
Last Agent to Sell the Property
Lyon Stahl Investment Real Estate, Inc. License #02058494 Listed on: 05/14/2024

Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $12,317
Year Built
- Built in 1940
Lot Details
- 5,007 Sq Ft Lot
- Gated Home
Home Design
- Bungalow
- Split Level Home
Interior Spaces
- 3,104 Sq Ft Home
- 1-Story Property
- Laminate Flooring
Kitchen
- Oven or Range
- Gas and Electric Range
Bedrooms and Bathrooms
- 10 Bedrooms
- 5 Bathrooms
Utilities
- Cooling System Mounted To A Wall/Window
- Heating System Mounted To A Wall or Window
Listing and Financial Details
- Assessor Parcel Number 6024-005-032
Community Details
Overview
- 2 Buildings
- 5 Units
Building Details
- Vacancy Allowance $4,176
Ownership History
Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Purchase Details
Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Purchase Details
Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Similar Homes in Los Angeles, CA
Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Grant Deed | $1,175,000 | Provident Title | |
Grant Deed | $2,175,000 | Wfg National Title Co Of Ca | |
Quit Claim Deed | -- | None Available | |
Grant Deed | $500,000 | Pacific Coast Title Company | |
Grant Deed | $549,900 | Advantage Title Inc | |
Grant Deed | -- | -- | |
Grant Deed | $178,000 | Fidelity Title | |
Trustee Deed | $159,300 | Landsafe Title | |
Gift Deed | -- | -- | |
Grant Deed | $255,000 | Landsafe Title | |
Gift Deed | -- | -- | |
Gift Deed | -- | -- | |
Grant Deed | $143,000 | Investors Title Company | |
Trustee Deed | $165,875 | Stewart Title | |
Gift Deed | -- | -- | |
Interfamily Deed Transfer | -- | -- | |
Grant Deed | $220,000 | Progressive Title Company |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $881,250 | New Conventional | |
Closed | $114,500 | No Value Available | |
Closed | $744,250 | Construction | |
Previous Owner | $417,000 | Commercial | |
Previous Owner | $416,250 | Commercial | |
Previous Owner | $375,000 | New Conventional | |
Previous Owner | $54,950 | Stand Alone Second | |
Previous Owner | $439,600 | Purchase Money Mortgage | |
Previous Owner | $43,000 | Unknown | |
Previous Owner | $276,250 | Unknown | |
Previous Owner | $225,000 | Negative Amortization | |
Previous Owner | $176,544 | FHA | |
Previous Owner | $242,250 | No Value Available | |
Previous Owner | $114,400 | Assumption | |
Previous Owner | $176,000 | No Value Available | |
Closed | $22,000 | No Value Available |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
09/17/2024 09/17/24 | Sold | $1,175,000 | -7.8% | $379 / Sq Ft |
08/30/2024 08/30/24 | Pending | -- | -- | -- |
06/25/2024 06/25/24 | Price Changed | $1,275,000 | -5.6% | $411 / Sq Ft |
05/14/2024 05/14/24 | For Sale | $1,350,000 | +170.0% | $435 / Sq Ft |
02/14/2017 02/14/17 | Sold | $500,000 | -5.5% | $213 / Sq Ft |
12/27/2016 12/27/16 | Pending | -- | -- | -- |
11/28/2016 11/28/16 | For Sale | $529,000 | -- | $225 / Sq Ft |
Tax History Compared to Growth
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 | $12,317 | $1,175,000 | $470,000 | $705,000 |
2024 | $12,317 | $837,386 | $536,099 | $301,287 |
2023 | $11,780 | $820,968 | $525,588 | $295,380 |
2022 | $12,041 | $804,872 | $515,283 | $289,589 |
2021 | $8,084 | $536,099 | $375,269 | $160,830 |
2020 | $8,138 | $530,603 | $371,422 | $159,181 |
2019 | $7,858 | $520,200 | $364,140 | $156,060 |
2018 | $7,727 | $510,000 | $357,000 | $153,000 |
2016 | $6,194 | $386,000 | $179,200 | $206,800 |
2015 | $6,175 | $386,000 | $179,200 | $206,800 |
2014 | $6,276 | $386,000 | $179,200 | $206,800 |
Agents Affiliated with this Home
-
Seller's Agent in 2024
Brandon Evans
Lyon Stahl Investment Real Estate, Inc.
(805) 814-9070
2 in this area
6 Total Sales
-
Buyer's Agent in 2024
Sahmon Zoughi
Compass
(310) 634-5154
1 in this area
57 Total Sales
-
S
Seller's Agent in 2017
Seidy Figueroa
The Figueroa Real Estate Group
-
B
Buyer's Agent in 2017
Blake Wilson-Hayden
Blake Wilson-Hayden
Map
Source: The MLS
MLS Number: 24-391941

APN: 6024-005-032
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