NOT LISTED FOR SALE

120 E 79th St Los Angeles, CA 90003

Florence Neighborhood

Estimated Value: $734,000 - $863,000

7 Beds
6 Baths
2,983 Sq Ft
$269/Sq Ft Est. Value

Sale Details

Date Sold: September 17, 2014

Last sale price $385,000 $129 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $4,716 / mo

1 Day on Market

About This Home

As of September 2014

SHORT SALE, TENANT OCCUPIED, DO NOT DISTURB. ALL OFFERS SUBJECT TO INTERIOR INSPECTION. ALL TERMS INCLUDING PRICE ARE SUBJECT TO BANK APPROVAL.

Last Agent to Sell the Property

Luis Basulto

DYNASTY REAL ESTATE License #01062046 Listed on: 05/08/2014

DYNASTY REAL ESTATE

Last Buyer's Agent

James Ruiz

OPTION ONE REALTY & INVESTMENT License #01415230

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1921

Lot Details

  • 5,663 Sq Ft Lot
  • 1 Common Wall
  • Private Yard

Parking

  • 2 Car Garage

Home Design

  • 2,983 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 6 Bathrooms

Listing and Financial Details

  • Tax Lot 5
  • Tax Tract Number 2397
  • Assessor Parcel Number 6030001005

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Year Built

Built in 1921

Lot Details

5,663 Sq Ft Lot

Parking

2

Listing Details

  • Property Attached: Yes
  • Property Type: Residential Income
  • Parcel Number: 6030001005
  • Year Built: 1921
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 129.06

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks

Lot Info

  • Lot Features: Yard
  • Lot Size Sq Ft: 5663.00
  • Price Per Lot Square Foot: 67.99
  • Lot Size Acres: 0.1300

Multi Family

  • Lot Size Area: 5663.0000 Square Feet
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Rent Control: No

Tax Info

  • Tax Lot: 5
  • Tax Tract Number: 2397
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 10, 2018
Sold by
Kwan Alfred P and Kwan Barbara B
Bought by
Kwan Alfred L and Kwan Barbaraa B
Current Estimated Value
$802,000

Purchase Details

Listed on
May 8, 2014
Closed on
Aug 27, 2014
Sold by
Villegas Manuel G and Villegas Irene
Bought by
Kwan Alfred P and Kwan Barbara B
Seller's Agent
Luis Basulto
DYNASTY REAL ESTATE
Buyer's Agent
James Ruiz
OPTION ONE REALTY & INVESTMENT
List Price
$350,000
Sold Price
$385,000
Premium/Discount to List
$35,000
10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.53%
Original Mortgage
$269,500
Outstanding Balance
$206,015
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$595,985

Purchase Details

Closed on
Aug 5, 2004
Sold by
Villegas Manuel G
Bought by
Villegas Manuel G and Villegas Irene

Purchase Details

Closed on
Sep 20, 2002
Sold by
Hill Ruthie M and Estate Of Luberta Patterson
Bought by
Villegas Manuel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.22%

Purchase Details

Closed on
Sep 16, 2002
Sold by
Duran Irene Alonso
Bought by
Villegas Manuel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.22%

Purchase Details

Closed on
Dec 31, 1998
Sold by
Patterson Evelyn
Bought by
Patterson Luberta

Purchase Details

Closed on
Jun 2, 1998
Sold by
Patterson Luberta
Bought by
Wade Evelyn Patterson

Purchase Details

Closed on
Nov 11, 1994
Sold by
Patterson Luberta
Bought by
Patterson Patterson Luberta Luberta and Patterson Wade Evelyn
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
Kwan Alfred L -- None Available
Kwan Alfred P $385,000 Chicago Title Company
Villegas Manuel G -- --
Villegas Manuel $250,000 North American Title
Villegas Manuel -- North American Title
Patterson Luberta -- --
Wade Evelyn Patterson -- --
Patterson Patterson Luberta Luberta -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kwan Alfred P $269,500
Previous Owner Villegas Manuel $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/17/2014 09/17/14 Sold $385,000 +10.0% $129 / Sq Ft
05/09/2014 05/09/14 Pending -- -- --
05/08/2014 05/08/14 For Sale $350,000 -- $117 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $5,917 $462,703 $228,347 $234,356
2024 $5,917 $453,631 $223,870 $229,761
2023 $5,809 $444,737 $219,481 $225,256
2022 $5,549 $436,018 $215,178 $220,840
2021 $5,468 $427,469 $210,959 $216,510
2020 $5,517 $423,086 $208,796 $214,290
2019 $5,311 $414,791 $204,702 $210,089
2018 $5,215 $406,659 $200,689 $205,970
2016 $4,961 $390,870 $192,897 $197,973
2015 $4,892 $385,000 $190,000 $195,000
2014 $3,839 $295,363 $135,867 $159,496
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2014

    Luis Basulto

    DYNASTY REAL ESTATE

    (626) 307-9720

    1 in this area

    14 Total Sales

    Luis Basulto
    Section Image

  • J

    Buyer's Agent in 2014

    James Ruiz

    OPTION ONE REALTY & INVESTMENT

    (626) 825-7325

    22 Total Sales

    James Ruiz
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV14096831

California Regional Multiple Listing Service (CRMLS)

APN: 6030-001-005

California Los Angeles County Los Angeles 90003 Florence

120 E 79th St, Los Angeles, CA

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California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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