$690,000
SOLD MAR 5, 2025

1156 E 81st St Unit 2 Los Angeles, CA 90001

4 Beds
2 Baths
1,440 Sq Ft
5,346 Sq Ft Lot

Recently Sold

$479 Per Sq Ft

2% Above List Price

2 Days on Market

About This Home

As of March 2025

This home is located at 1156 E 81st St Unit 2, Los Angeles, CA 90001 and is currently priced at $690,000, approximately $479 per square foot. This property was built in 1927. 1156 E 81st St Unit 2 is a home located in Los Angeles County with nearby schools including Parmelee Avenue Elementary School, Charles Drew Middle School, and Academy For Multiligual Arts And Science At Mervyn M. Dymally High.

Last Agent to Sell the Property

John Cardenas

Buena Vista Realty Brokerage Email: johnc@buenavistarealty.net License #02103262 Listed on: 01/10/2025

Last Buyer's Agent

Mike Ramirez

PLF Real Estate Solutions License #01257890

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,217

Year Built

  • Built in 1927

Lot Details

  • 5,346 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage

Home Design

  • Duplex

Interior Spaces

  • 1,440 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Location

  • Urban Location

Listing and Financial Details

  • Tax Lot 21
  • Tax Tract Number 6383
  • Assessor Parcel Number 6028019018
  • $1,083 per year additional tax assessments

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $1,800
  • Trash Expense $900
  • Operating Expense $900
  • Gross Income $37,200
  • Net Operating Income $35,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,217

Year Built

Built in 1927

Lot Details

0

Parking

2

Listing Details

  • Price Per Unit: 337500
  • Property Attached: No
  • Zoning: LCR3YY
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 6028019018
  • Year Built: 1927
  • Special Features: None

Interior Features

  • Stories: 1
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Price Per Square Foot: 479.17

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: No
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 900.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5346.00
  • Lot Size Acres: 0.1227

Multi Family

  • Gross Income: 37200.00
  • Gross Scheduled Income: 37200.00
  • Insurance Expense: 1800.00
  • Lot Size Area: 5346.0000 Square Feet
  • Net Operating Income: 35000.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 2720.00
  • Rent Control: Yes
  • Total Expenses: 900.00

Tax Info

  • Tax Census Tract: 5351.01
  • Tax Lot: 21
  • Tax Tract Number: 6383
  • TaxOtherAnnualAssessmentAmount: 1083.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 10, 2025
Closed on
Jan 14, 2025
Sold by
Perez Dante R and Cisneros Claudia
Bought by
Vargas Cruz Juan Pablo
Seller's Agent
John Cardenas
Buena Vista Realty
Buyer's Agent
Mike Ramirez
PLF Real Estate Solutions
List Price
$675,000
Sold Price
$690,000
Premium/Discount to List
$15,000
2.22%
Views
8
Current Estimated Value
$687,947

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,053
Avg. Annual Appreciation
-1.38%
Original Mortgage
$677,502
Interest Rate
6.96%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 9, 2018
Sold by
Cisneros Bertha A
Bought by
Perez Dante R and Cisneros Claudia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$328,652
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 11, 2017
Sold by
Cisneros Claudia and Estate Of Ramon Jimenez
Bought by
Cisneros Bertha A

Purchase Details

Closed on
Jan 18, 2006
Sold by
Jimenez Ramon
Bought by
Jimenez Ramon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$336,000
Interest Rate
7.12%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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 $690,000 Ticor Title
Grant Deed $380,000 First American Title Company
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Security Union Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $677,502 FHA
Previous Owner $508,750 FHA
Previous Owner $393,772 FHA
Previous Owner $330,148 FHA
Previous Owner $328,652 FHA
Previous Owner $336,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/05/2025 03/05/25 Sold $690,000 +2.2% $479 / Sq Ft
01/13/2025 01/13/25 Pending -- -- --
01/10/2025 01/10/25 For Sale $675,000 -2.2% $469 / Sq Ft
12/22/2024 12/22/24 Off Market $690,000 -- --
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 $7,217 $512,017 $284,454 $227,563
2024 $7,217 $501,978 $278,877 $223,101
2023 $6,929 $492,136 $273,409 $218,727
2022 $6,617 $482,488 $268,049 $214,439
2021 $6,543 $473,029 $262,794 $210,235
2020 $6,591 $468,180 $260,100 $208,080
2019 $6,349 $459,000 $255,000 $204,000
2018 $4,030 $261,360 $155,935 $105,425
2016 $2,688 $150,965 $77,693 $73,272
2015 $2,653 $148,698 $76,526 $72,172
2014 $2,659 $145,786 $75,027 $70,759
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW24242956

California Regional Multiple Listing Service (CRMLS)

APN: 6028-019-018