NOT LISTED FOR SALE

1142 E 75th St Los Angeles, CA 90001

Estimated Value: $715,656 - $820,000

4 Beds
2 Baths
1,682 Sq Ft
$452/Sq Ft Est. Value

Last Sold June 16, 2020

Last sale price $541,000 $322 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $4,655/month

16 Days on Market

About This Home

As of June 2020

Excellent opportunity to own two houses on one lot! Charming and traditional, 3 bedroom, 1 bathroom home features, large living and dining areas, wood floors, a recently updated kitchen with beautiful wood cabinets, granite countertops, stainless appliances, and a convenient indoor laundry area. Separating the front and rear houses is a shared courtyard area, great for family gatherings or outdoor dining. The rear 1 bedroom, 1 bathroom home is perfect for extended family or as an income rental. This property is conveniently located on a residential street near shopping and transportation and is perfect for a first-time buyer or an experienced investor. Given some love and attention, this home can be a true gem!

Last Agent to Sell the Property

Michael Williams

Compass License #01266428 Listed on: 04/10/2020

Compass

Last Buyer's Agent

Carlos Herrera

Realty One Group United License #02003117

Realty One Group United

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1926

Lot Details

  • 4,916 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 1 Car Garage

Interior Spaces

  • 1,682 Sq Ft Home
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Kitchen

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 1017
  • Tax Tract Number 5450
  • Assessor Parcel Number 6024007015

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $220
  • Trash Expense $300
  • Water Sewer Expense $780
  • New Taxes Expense $5,838
  • Operating Expense $7,138

Property Details

Home Type

Multi-Family

Year Built

Built in 1926

Lot Details

0

Parking

1

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 780.00
  • Zoning: LCR3YY
  • Property Type: Residential Income
  • Parcel Number: 6024007015
  • Year Built: 1926
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Common Walls: No Common Walls
  • Fireplace Features: Living Room
  • Price Per Square Foot: 321.64

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Laundry: Yes
  • Laundry Features: In Kitchen
  • Sewer: Public Sewer
  • Trash Expense: 300.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 4916.00
  • Lot Size Acres: 0.1129

Multi Family

  • Insurance Expense: 220.00
  • Lot Size Area: 4916.0000 Square Feet
  • 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: Yes
  • Total Expenses: 7138.00

Tax Info

  • New Taxes Expense: 5838.00
  • Tax Census Tract: 5350.01
  • Tax Lot: 1017
  • Tax Tract Number: 5450

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 10, 2020
Closed on
May 19, 2020
Sold by
Barnes Terry A
Bought by
Zavala Milton P
Seller's Agent
Michael Williams
Compass
Buyer's Agent
Carlos Herrera
Realty One Group United
List Price
$519,000
Sold Price
$541,000
Premium/Discount to List
$22,000
4.24%
Current Estimated Value
$760,914

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$219,914
Avg. Annual Appreciation
6.33%
Original Mortgage
$531,201
Outstanding Balance
$469,827
Interest Rate
3.2%
Mortgage Type
FHA
Estimated Equity
$291,087

Purchase Details

Closed on
Jun 20, 2007
Sold by
Barnes Terry A and Lewis Linda M
Bought by
Barnes Terry A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$454,750
Interest Rate
8.39%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 6, 2006
Sold by
Goldston Ethel
Bought by
Barnes Terry A and Lewis Linda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,000
Interest Rate
6.22%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
May 8, 2006
Sold by
Goldston Ethel
Bought by
Goldston Ethel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,000
Interest Rate
6.22%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Oct 16, 2000
Sold by
Goldston Ethel and Peterson Esther G
Bought by
Goldston Ethel and Peterson Esther G

Purchase Details

Closed on
Aug 18, 1997
Sold by
Goldston Ethel
Bought by
Goldston Ethel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
7.54%
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 Buyer Sale Price Title Company
Zavala Milton P $541,000 Lawyers Title
Barnes Terry A -- Landsafe Title
Barnes Terry A $370,000 Landsafe Title
Goldson Ethel -- Landsafe Title
Goldston Ethel -- None Available
Goldston Ethel -- --
Goldston Ethel -- Gateway Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zavala Milton P $531,201
Previous Owner Barnes Terry A $454,750
Previous Owner Goldson Ethel $74,000
Previous Owner Barnes Terry A $296,000
Previous Owner Goldston Ethel $60,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/22/2020 06/22/20 Price Changed $519,000 0.0% $309 / Sq Ft
06/22/2020 06/22/20 For Sale $519,000 -4.1% $309 / Sq Ft
06/16/2020 06/16/20 Sold $541,000 +4.2% $322 / Sq Ft
04/26/2020 04/26/20 Pending -- -- --
04/10/2020 04/10/20 For Sale $519,000 -- $309 / 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 $8,156 $591,656 $273,408 $318,248
2024 $8,156 $580,056 $268,048 $312,008
2023 $7,852 $568,684 $262,793 $305,891
2022 $7,492 $557,535 $257,641 $299,894
2021 $7,408 $546,604 $252,590 $294,014
2020 $7,309 $535,000 $350,000 $185,000
2019 $6,752 $500,000 $323,600 $176,400
2018 $6,173 $450,000 $291,200 $158,800
2016 $4,991 $354,000 $231,400 $122,600
2015 $4,757 $335,000 $219,000 $116,000
2014 $3,836 $251,000 $164,100 $86,900
Source: Public Records

Agents Affiliated with this Home

  • Michael Williams

    Seller's Agent in 2020

    Michael Williams

    Compass

    (818) 308-5620

    17 Total Sales

    Michael Williams
    Section Image

  • C

    Buyer's Agent in 2020

    Carlos Herrera

    Realty One Group United

    (562) 513-7800

    42 Total Sales

    Carlos Herrera
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: BB20071913

California Regional Multiple Listing Service (CRMLS)

APN: 6024-007-015

California Los Angeles County Los Angeles 90001

1142 E 75th St, Los Angeles, CA

Not Listed for Sale

MultiFamily

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