$1,325,000
SOLD JUL 3, 2025

1117 E 71st St Los Angeles, CA 90001

10 Beds
10 Baths
4,160 Sq Ft
0.29 Acres

Recently Sold

$319 Per Sq Ft

4% Below List Price

88 Days on Market

Highlights

  • 0.29 Acre Lot
  • 9 Car Garage
  • 1-Story Property

About This Home

As of July 2025

We are proud to introduce, for the first time on market in over 20 years, 1117 E 71st Street. The property is comprised of 10 cottage style units in a courtyard setting with both open and garage parking. The large 12,494 sf lot also offers ADU potential for additional future income. Close proximity to 110 Freeway offers convenient access to work and entertainment hubs in Downtown Los Angeles and surrounding areas.

Last Agent to Sell the Property

Enrique Viramontes

Remax Commercial and Investment Realty License #01372010 Listed on: 04/28/2025

Remax Commercial and Investment Realty

Last Buyer's Agent

Enrique Viramontes

Remax Commercial and Investment Realty License #01372010 Listed on: 04/28/2025

Remax Commercial and Investment Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1924

Interior Spaces

  • 4,160 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 10 Bathrooms

Parking

  • 9 Car Garage
  • Uncovered Parking

Additional Features

  • 0.29 Acre Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 6 Buildings
  • 10 Units

Listing and Financial Details

  • Assessor Parcel Number 6010-013-028

Property Details

Home Type

Multi-Family

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: One
  • Street Number Display: Yes
  • Living Area: 4160
  • Lot Acreage: 0.2869
  • Stories: 1
  • Year Built: 1924
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 10
  • Total Bathrooms: 10.00
  • Price Per S Q F T: 330.53

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Garage, Uncovered
  • Total Parking: 9

Utilities

  • Heating: Wall

Lot Info

  • Assessed Improvement Percent: 54.55
  • Assessed Improvement Value: 221584
  • Assessed Land Percent: 45.45
  • Assessed Land Value: 184651
  • Total Assessed Value: 406235
  • Assessor Parcel Number: 6010-013-028
  • Lot Size Area: 12494

Multi Family

  • Unit Type: 2106
  • Gross Rent Multiplier: 8.89
  • Number Of Units: 10
  • Type Of Units: Apartment

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2025
Closed on
Jun 11, 2025
Sold by
Pert Holdings Llc
Bought by
1117 E 71St Llc
Seller's Agent
Enrique Viramontes
Remax Commercial and Investment Realty
Buyer's Agent
Enrique Viramontes
Remax Commercial and Investment Realty
List Price
$1,375,000
Sold Price
$1,325,000
Premium/Discount to List
-$50,000
-3.64%
Views
17
Current Estimated Value
$1,327,301

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,301
Avg. Annual Appreciation
0.35%
Original Mortgage
$893,750
Outstanding Balance
$890,712
Interest Rate
6.86%
Mortgage Type
Credit Line Revolving
Estimated Equity
$436,589

Purchase Details

Closed on
Jul 11, 2016
Sold by
Piera Leticia
Bought by
Piera Pedro

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
3.54%
Mortgage Type
Commercial

Purchase Details

Closed on
May 24, 2001
Sold by
Gaona Cesar V and Gaona Marco A
Bought by
Piera Pedro

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
7.14%
Mortgage Type
Commercial

Purchase Details

Closed on
May 16, 2001
Sold by
Robinson Tammy Ann
Bought by
Gaona Cesar V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
7.14%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 29, 1993
Sold by
Getz John L
Bought by
Getz John L and Getz Beverly

Purchase Details

Closed on
Dec 27, 1993
Sold by
Getz Frank W
Bought by
Getz Frank W and Getz John L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Grant Deed $1,325,000 Ticor Title Company
Interfamily Deed Transfer -- Accommodation
Grant Deed $275,000 Southland Title Company
Interfamily Deed Transfer -- Southland Title Company
Interfamily Deed Transfer -- Southland Title Company
Quit Claim Deed -- --
Quit Claim Deed -- --
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $893,750 Credit Line Revolving
Previous Owner $500,000 Commercial
Previous Owner $275,000 Commercial
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/03/2025 07/03/25 Sold $1,325,000 -3.6% $319 / Sq Ft
06/02/2025 06/02/25 Pending -- -- --
04/28/2025 04/28/25 For Sale $1,375,000 0.0% $331 / Sq Ft
04/14/2025 04/14/25 Pending -- -- --
03/20/2025 03/20/25 For Sale $1,375,000 0.0% $331 / Sq Ft
03/17/2025 03/17/25 Pending -- -- --
03/06/2025 03/06/25 For Sale $1,375,000 -- $331 / 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 $10,075 $414,359 $188,344 $226,015
2024 $10,075 $406,235 $184,651 $221,584
2023 $9,461 $398,271 $181,031 $217,240
2022 $9,188 $1,709,520 $816,000 $893,520
2021 $9,089 $382,807 $174,002 $208,805
2020 $9,124 $378,882 $172,218 $206,664
2019 $8,902 $371,454 $168,842 $202,612
2018 $8,649 $364,172 $165,532 $198,640
2016 $8,296 $350,033 $159,105 $190,928
2015 $8,198 $344,777 $156,716 $188,061
2014 $8,237 $338,025 $153,647 $184,378
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 25507751

The MLS

APN: 6010-013-028