NOT LISTED FOR SALE

1202 E 74th St Los Angeles, CA 90001

Estimated Value: $608,270 - $800,000

5 Beds
3 Baths
2,105 Sq Ft
$346/Sq Ft Est. Value

Last Sold May 30, 2012

Last sale price $237,500 $113 Per Sq Ft

Est. 202% increase in value since last sale

Current estimated payment $4,346/month

50 Days on Market

Highlights

  • Shed
  • Carpet
  • Heating System Uses Natural Gas

About This Home

As of May 2012

FRONT HOUSE: 3 BRMS 1 BATH,LIVING ROOM, KITCHEN AND EATING AREA, REAR 2ND STORY APT. 2 GOOD SIZE BDRS 1 BATH, LIVING ROOM, BIG FULL BATH,KITCHEN...DOWNSTAIR APT.1 BDR,1/2 BATH. 1 CARPPORT.BUYERS TO CHECK WITH CITY PERMITS.CITY ASSESORS AND TITLE SHOWS 3 UNITS.. PLENTY PARKING SPACE IN THE REAR. PROPERTY WILL NOT QUALIFY FOR 'FHA' BUT GOOD FOR A SAVY INVESTOR. OR CONTRACTOR. PROPERTY HAS GOOD POTENTIAL VALUE, IT WILL SALE 'AS IS' IN HIS PRESENT CONDITION, NOT REPAIRS OR WARRANTIES ..TO BE SOLD 'AS IS'.

Last Agent to Sell the Property

Sixto Villalva

C-21 Powerhouse License #01432472 Listed on: 03/13/2012

Last Buyer's Agent

Marco Ramirez

Expert Realty Inc. License #01327167

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,198

Year Built

  • Built in 1924

Lot Details

  • 4,875 Sq Ft Lot
  • Lot Dimensions are 40x120

Home Design

  • Composition Roof
  • Stucco

Interior Spaces

  • 2,105 Sq Ft Home
  • Carpet

Parking

  • 4 Parking Spaces
  • Parking Lot

Outdoor Features

  • Shed

Utilities

  • Heating System Uses Natural Gas
  • Wall Furnace

Listing and Financial Details

  • Tax Tract Number 5450
  • Assessor Parcel Number 6024005019

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $150
  • Insurance Expense $450
  • Trash Expense $45
  • Water Sewer Expense $49
  • New Taxes Expense $3,899
  • Gross Income $3,200
  • Net Operating Income $3,050

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,198

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Assessments: No
  • CapRate: 1.22
  • View: No
  • Water Sewer Expenses: 49.00
  • Property Type: Residential Income
  • Parcel Number: 6024005019
  • Year Built: 1924
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Flooring: Carpet
  • Appliances: No
  • Levels: Two
  • Price Per Square Foot: 112.83

Exterior Features

  • Other Structures: Shed(s)
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Parking: No
  • Parking Features: Parking Space
  • Total Parking Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: No
  • Heating Type: Natural Gas, Wall Furnace
  • Trash Expense: 45.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size: 40x120
  • Lot Size Sq Ft: 4875.00
  • Lot Size Acres: 0.1120

Multi Family

  • Electric Expense: 150.00
  • Gross Income: 3200.00
  • Gross Multiplier: 78.13
  • Gross Scheduled Income: 3200.00
  • Insurance Expense: 450.00
  • Lot Size Area: 4875.0000 Square Feet
  • Net Operating Income: 3050.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 150.00

Tax Info

  • New Taxes Expense: 3899.00
  • Tax Area: 1198
  • Tax Lot: 0.
  • Tax Tract Number: 5450

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 4, 2020
Sold by
Padilla Mario
Bought by
Padilla Mario and Padilla Alma
Current Estimated Value
$718,214

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$441,000
Outstanding Balance
$392,635
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$334,933

Purchase Details

Listed on
Mar 13, 2012
Closed on
May 31, 2012
Sold by
Padilla Alma D
Bought by
Padilla Mario
Seller's Agent
Sixto Villalva
C-21 Powerhouse
Buyer's Agent
Marco Ramirez
Expert Realty Inc.
List Price
$250,000
Sold Price
$237,500
Premium/Discount to List
-$12,500
-5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.84%
Original Mortgage
$175,500
Interest Rate
3.56%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 13, 2012
Closed on
May 10, 2012
Sold by
Rodriguez Francisco
Bought by
Padilla Mario
Seller's Agent
Sixto Villalva
C-21 Powerhouse
Buyer's Agent
Marco Ramirez
Expert Realty Inc.
List Price
$250,000
Sold Price
$237,500
Premium/Discount to List
-$12,500
-5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,500
Interest Rate
3.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 18, 1997
Sold by
Molina Jose J
Bought by
Rodriguez Francisco

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,600
Interest Rate
7.7%

Purchase Details

Closed on
Jan 9, 1995
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Rodriguez Francisco and Molina Jose J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,100
Interest Rate
9.2%

Purchase Details

Closed on
Sep 9, 1994
Sold by
Turcios J M and Turcios M
Bought by
Federal Home Loan Mortgage Corporation
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
Padilla Mario -- Ticor Title Company Of Ca
Padilla Mario -- Lawyers Title Co
Padilla Mario $234,000 Lawyers Title Company
Rodriguez Francisco -- --
Rodriguez Francisco $139,000 First American Title Company
Federal Home Loan Mortgage Corporation $127,555 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Padilla Mario $441,000
Previous Owner Padilla Mario $175,500
Previous Owner Rodriguez Francisco $129,600
Previous Owner Rodriguez Francisco $125,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2012 05/30/12 Sold $237,500 -5.0% $113 / Sq Ft
05/02/2012 05/02/12 Pending -- -- --
03/13/2012 03/13/12 For Sale $250,000 -- $119 / 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 $5,198 $292,451 $110,945 $181,506
2024 $5,198 $286,718 $108,770 $177,948
2023 $4,870 $281,097 $106,638 $174,459
2022 $4,683 $275,587 $104,548 $171,039
2021 $4,627 $270,185 $102,499 $167,686
2020 $4,652 $267,415 $101,448 $165,967
2019 $4,507 $262,172 $99,459 $162,713
2018 $4,383 $257,032 $97,509 $159,523
2016 $4,200 $247,054 $93,724 $153,330
2015 $4,143 $243,344 $92,317 $151,027
2014 $4,152 $238,578 $90,509 $148,069
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2012

    Sixto Villalva

    C-21 Powerhouse

  • M

    Buyer's Agent in 2012

    Marco Ramirez

    Expert Realty Inc.

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: R1201592

California Regional Multiple Listing Service (CRMLS)

APN: 6024-005-019

California Los Angeles County Los Angeles 90001

1202 E 74th St, Los Angeles, CA

This home is located at 1202 E 74th St, Los Angeles, CA 90001 since 13 March 2012 and is currently estimated at $727,568, approximately $345 per square foot. This property was built in 1924. 1202 E 74th St is a home located in Los Angeles County with nearby schools including Wisdom Elementary School, Thomas A. Edison Middle School, and Academy For Multiligual Arts And Science At Mervyn M. Dymally High.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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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