NOT LISTED FOR SALE

1202 E 70th St Los Angeles, CA 90001

Estimated Value: $567,000 - $678,891

4 Beds
4 Baths
1 Sq Ft
$640,473/Sq Ft Est. Value

Last Sold December 29, 2023

Last sale price $610,000 $610,000 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $4,069/month

16 Days on Market

About This Home

As of December 2023

WELCOME 1202 E 70TH TO THE MARKET! FABULOUS INVESTMENT IN THE THRIVING CITY OF LOS ANGELES. 4 UNITS, EACH UNIT HAS SPACIOUS 1 BEDROOMS EACH 2 OF THE UNITS HAVE BEEN UPDATED IN THE LAST 5 YEARS. GREAT INVESTMENT CENTRALLY LOCATED NEAR FREEWAYS, 110 FWY. 5 FWY, 10FWY, PROPERTIES HAVE 3 SPACES FOR PAKING.

Last Agent to Sell the Property

Angie Sandoval

Berkshire Hathaway HomeServices California Properties License #01130478 Listed on: 11/11/2023

Berkshire Hathaway HomeServices California Properties

Last Buyer's Agent

Jose Saucedo

Real Estate Xperts License #01133366

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,029

Year Built

  • Built in 1923

Lot Details

  • 5,792 Sq Ft Lot
  • Two or More Common Walls
  • Garden
  • Front Yard

Home Design

  • Quadruplex

Interior Spaces

  • 1 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Listing and Financial Details

  • Tax Lot 621
  • Tax Tract Number 5450
  • Assessor Parcel Number 6010014002
  • $1,864 per year additional tax assessments

Community Details

Overview

  • 4 Units

Building Details

  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $183
  • Trash Expense $65
  • Water Sewer Expense $280
  • Operating Expense $528
  • Gross Income $4,250
  • Net Operating Income $4,250

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,029

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Price Per Unit: 153750
  • Property Attached: Yes
  • Water Sewer Expenses: 280.00
  • Zoning: LCR3YY
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 6010014002
  • Year Built: 1923
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Levels: One

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Trash Expense: 65.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Garden
  • Lot Size Sq Ft: 5792.00
  • Lot Size Acres: 0.1330

Multi Family

  • Gross Income: 4250.00
  • Gross Scheduled Income: 4250.00
  • Insurance Expense: 183.33
  • Lot Size Area: 5792.0000 Square Feet
  • Net Operating Income: 4250.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 420.00
  • Rent Control: Yes
  • Total Expenses: 528.00

Tax Info

  • Tax Census Tract: 5329.00
  • Tax Lot: 621
  • Tax Tract Number: 5450
  • TaxOtherAnnualAssessmentAmount: 1864.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 11, 2023
Closed on
Nov 29, 2023
Sold by
Rosa Montoya Revocable Trust
Bought by
Navar Eliseo
Seller's Agent
Angie Sandoval
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Jose Saucedo
Real Estate Xperts
List Price
$639,000
Sold Price
$610,000
Premium/Discount to List
-$29,000
-4.54%
Views
244
Current Estimated Value
$640,473

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,473
Avg. Annual Appreciation
4.00%
Original Mortgage
$396,500
Outstanding Balance
$390,340
Interest Rate
7.29%
Mortgage Type
New Conventional
Estimated Equity
$261,233

Purchase Details

Closed on
Jan 9, 2008
Sold by
Montoya Rosa
Bought by
Montoya Rosa and The Rosa Montoya Revocable Trust

Purchase Details

Closed on
Jan 27, 2004
Sold by
Miranda Arturo and Miranda Evelia
Bought by
Montoya Rosa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,000
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 5, 2002
Sold by
Zendejas Jose J R
Bought by
Miranda Arturo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,000
Interest Rate
7.25%
Source: Public Records

Range of Values:

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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
Navar Eliseo $610,000 Orange Coast Title Company
Montoya Rosa -- None Available
Montoya Rosa $290,000 Landsafe Title
Miranda Arturo $215,000 Fidelity National Title
Zendejas Jose J R -- Fidelity
Zendejas Jose J R -- Fidelity
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Navar Eliseo $396,500
Previous Owner Montoya Rosa $268,000
Previous Owner Montoya Rosa $232,000
Previous Owner Miranda Arturo $172,000
Closed Montoya Rosa $29,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/29/2023 12/29/23 Sold $610,000 -0.8% $610,000 / Sq Ft
11/16/2023 11/16/23 Price Changed $615,000 -3.8% $615,000 / Sq Ft
11/11/2023 11/11/23 For Sale $639,000 -- $639,000 / 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 $7,029 $622,200 $408,000 $214,200
2024 $7,029 $404,218 $167,260 $236,958
2023 $6,587 $396,293 $163,981 $232,312
2022 $6,330 $388,523 $160,766 $227,757
2021 $6,262 $380,906 $157,614 $223,292
2019 $6,096 $369,610 $152,940 $216,670
2018 $5,958 $362,364 $149,942 $212,422
2016 $5,726 $348,294 $144,120 $204,174
2015 $5,482 $329,000 $136,100 $192,900
2014 $5,570 $329,000 $136,100 $192,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW23209923

California Regional Multiple Listing Service (CRMLS)

APN: 6010-014-002