NOT LISTED FOR SALE

1138 E 76th Place Los Angeles, CA 90001

Estimated Value: $840,461 - $1,080,000

8 Beds
4 Baths
2,864 Sq Ft
$353/Sq Ft Est. Value

Last Sold August 14, 2015

Last sale price $520,000 $182 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $6,219/month

164 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Modern Architecture
  • No HOA
  • Two Primary Bedrooms
  • Granite Countertops
  • Balcony

About This Home

As of August 2015

*** Price Just Reduced *** Hurry and View this Deal.
This is a great 2 Unit Home. This home was Newly built in 2011 from the Ground up. Property has beautiful frontage appeal with its Modern Look. Each Unit has 4 bedrooms and 2 baths. Granite counters with wood cabinets, crown moulding and recess lighting. Property has a 2 car Garage as well as a 1 car Garage and space for 5 more Cars in Front. Current Sellers are the Current Tenants.
Perfect for two families that want their privacy but want to stay close to each other as well as the home owner that wants a renter that can cover a significant amount of the mortgage. Great rental opportunity for an investor as well.

Last Agent to Sell the Property

Will Wadood

United Home Realty License #01396366 Listed on: 01/26/2015

Last Buyer's Agent

Sophia Wan

IRN Realty License #01330938

IRN Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,549

Year Built

  • Built in 2011

Lot Details

  • 5,201 Sq Ft Lot
  • 1 Common Wall
  • East Facing Home
  • Wrought Iron Fence
  • Sprinkler System
  • Density is up to 1 Unit/Acre

Parking

  • 3 Car Garage

Home Design

  • Modern Architecture
  • Property Attached
  • Fire Rated Drywall

Interior Spaces

  • 2,864 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Recessed Lighting
  • Storage
  • Tile Flooring

Kitchen

  • Gas Oven
  • Gas Range
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 8 Bedrooms
  • All Bedrooms Down
  • All Upper Level Bedrooms
  • Double Master Bedroom
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Home Security

  • Window Bars
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Central Heating and Cooling System
  • Sewer Assessments

Additional Features

  • Balcony
  • Urban Location

Listing and Financial Details

  • Tax Lot 1128
  • Tax Tract Number 5450
  • Assessor Parcel Number 6024011011

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $1,200
  • Trash Expense $720
  • New Taxes Expense $6,471
  • Net Operating Income $53,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,549

Year Built

Built in 2011

Lot Details

0

Parking

3

Listing Details

  • Other Phone Description: JC
  • Other Phone Number: 3233094476
  • Property Attached: Yes
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s), Window Bars
  • Zoning: LCR3
  • Architectural Style: Modern
  • Property Type: Residential Income
  • Parcel Number: 6024011011
  • Year Built: 2011
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Balcony, Ceiling Fan(s), Granite Counters, Recessed Lighting, Storage
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Flooring: Tile
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 181.56
  • Room Type: All Bedrooms Down, All Bedrooms Up, Master Bedroom, Two Masters

Exterior Features

  • Direction Faces: East
  • Fencing: Wrought Iron
  • Pool Private: No
  • Spa: No
  • Construction Materials: Drywall Walls

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 8.00

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Disposal, Gas Oven, Gas Range
  • Heating Type: Central
  • Laundry Features: Gas & Electric Dryer Hookup, Individual Room
  • Sewer: Sewer Assessments
  • Trash Expense: 720.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Lot Features: 0-1 Unit/Acre, Sprinkler System
  • Lot Size Sq Ft: 5201.00
  • Price Per Lot Square Foot: 99.98
  • Lot Size Acres: 0.1190

Multi Family

  • Gross Scheduled Income: 54000.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 5201.0000 Square Feet
  • Net Operating Income: 53000.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Number With Patio: 1
  • Operating Expense: 1000.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 6471.00
  • Tax Lot: 1128
  • Tax Tract Number: 5450
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 18, 2021
Sold by
Jianfeng Chen
Bought by
Jianfeng Chen Revocable Trust
Current Estimated Value
$1,010,615

Purchase Details

Listed on
Jan 26, 2015
Closed on
Jul 15, 2015
Sold by
Gonzalez Carlos E
Bought by
Chen Jianfeng
Seller's Agent
Will Wadood
United Home Realty
Buyer's Agent
Sophia Wan
IRN Realty
List Price
$569,900
Sold Price
$520,000
Premium/Discount to List
-$49,900
-8.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.40%
Original Mortgage
$390,000
Interest Rate
4.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 21, 2012
Sold by
Green Folder Llc
Bought by
Gonzalez Carlos E and Silva Nicolas H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$437,617
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 20, 2012
Sold by
Gonzalez Karina L
Bought by
Gonzalez Carlos E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$437,617
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 1, 2010
Sold by
Uni Source Llc
Bought by
Green Folder Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,200
Interest Rate
4.16%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 18, 2010
Sold by
Community Development Llc
Bought by
Uni Source Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,200
Interest Rate
4.16%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 8, 2010
Sold by
Creo 108 Llc
Bought by
Community Development Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,200
Interest Rate
4.16%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 2, 2010
Sold by
Villalobos Angel Hernandez
Bought by
Creo 108 Llc

Purchase Details

Closed on
May 4, 2010
Sold by
Villalobos Angel Hernandez
Bought by
Mondragon Julian

Purchase Details

Closed on
Dec 7, 2006
Sold by
Sandoval Gladis
Bought by
Villalobos Angel Hernandez

Purchase Details

Closed on
Aug 2, 2005
Sold by
Cardenas Abel
Bought by
Sandoval Gladis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,000
Interest Rate
5.48%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Oct 7, 2004
Sold by
Cardenas Macrina
Bought by
Cardenas Abel

Purchase Details

Closed on
Jul 22, 2004
Sold by
Hernandez Flora
Bought by
Cardenas Abel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,250
Interest Rate
5.74%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 29, 1997
Sold by
Hernandez Juan
Bought by
Hernandez Flora
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
Jianfeng Chen Revocable Trust -- Law Offices Of Bernard Pang
Chen Jianfeng $520,000 Old Republic Title Company
Gonzalez Carlos E $449,000 Calcounties Title Nation
Gonzalez Carlos E -- Calcounties Title Nation
Silva Nicolas H -- Calcounties Title Nation
Green Folder Llc $110,001 None Available
Uni Source Llc -- Provident Title Company
Community Development Llc $99,000 Fidelity
Creo 108 Llc $67,200 None Available
Mondragon Julian -- None Available
Villalobos Angel Hernandez -- None Available
Sandoval Gladis -- Stewart Title Of California
Cardenas Abel -- United Title Company-La
Cardenas Abel $175,000 United Title Company-La
Hernandez Flora -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chen Jianfeng $352,000
Previous Owner Chen Jianfeng $390,000
Previous Owner Gonzalez Carlos E $437,617
Previous Owner Community Development Llc $105,200
Previous Owner Villalobos Angel Hernandez $288,000
Previous Owner Villalobos Angel Hernandez $36,000
Previous Owner Sandoval Gladis $194,000
Previous Owner Cardenas Abel $166,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/14/2015 08/14/15 Sold $520,000 -8.8% $182 / Sq Ft
07/09/2015 07/09/15 Pending -- -- --
01/26/2015 01/26/15 For Sale $569,900 -- $199 / 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 $8,549 $615,569 $295,947 $319,622
2024 $8,549 $603,500 $290,145 $313,355
2023 $8,240 $591,667 $284,456 $307,211
2022 $7,865 $580,067 $278,879 $301,188
2021 $7,769 $568,694 $273,411 $295,283
2019 $7,535 $551,828 $265,302 $286,526
2018 $7,403 $541,008 $260,100 $280,908
2016 $7,079 $520,000 $250,000 $270,000
2015 $6,470 $469,250 $209,020 $260,230
2014 $6,471 $460,059 $204,926 $255,133
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC15018115

California Regional Multiple Listing Service (CRMLS)

APN: 6024-011-011