NOT LISTED FOR SALE

1204 E 70th St Los Angeles, CA 90001

Estimated Value: $614,321 - $727,000

3 Beds
3 Baths
1,248 Sq Ft
$540/Sq Ft Est. Value

Last Sold July 20, 2018

Last sale price $450,000 $361 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $4,228/month

7 Days on Market

Highlights

  • No HOA
  • Front Yard
  • 1-Story Property

About This Home

As of July 2018

These 3 units are located near shopping centers and near major freeways. Each unit is 1 bedroom 1 bath with a parking space. NO RENT CONTROL

Last Agent to Sell the Property

Yolanda Munoz

Century 21 A Better Service License #01774514 Listed on: 02/24/2018

Century 21 A Better Service

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,041

Year Built

  • Built in 1923

Lot Details

  • 6,012 Sq Ft Lot
  • Two or More Common Walls
  • Front Yard

Home Design

  • Property Attached

Interior Spaces

  • 1,248 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Parking

  • 3 Parking Spaces
  • 3 Carport Spaces

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 10
  • Tax Tract Number 1609
  • Assessor Parcel Number 6010014032

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • 3 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $500
  • Trash Expense $300
  • Water Sewer Expense $1,800
  • New Taxes Expense $5,200
  • Operating Expense $7,800
  • Gross Income $21,960

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,041

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 1800.00
  • Zoning: LCR3*
  • Property Type: Residential Income
  • Parcel Number: 6010014032
  • Year Built: 1923
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Levels: One
  • Price Per Square Foot: 360.58

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Trash Expense: 300.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard
  • Lot Size Sq Ft: 6012.00

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 21960.00
  • Gross Scheduled Income: 29760.00
  • Insurance Expense: 500.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Rent Control: No
  • Total Actual Rent: 2680.00
  • Total Expenses: 7800.00

Tax Info

  • New Taxes Expense: 5200.00
  • Tax Census Tract: 5329.00
  • Tax Lot: 10
  • Tax Tract Number: 1609

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 24, 2020
Sold by
Perng Tsorng Long Larry and Perng Serina
Bought by
Perng Tsorng Long Larry and Perng Serina
Current Estimated Value
$673,330

Purchase Details

Listed on
Feb 24, 2018
Closed on
Jun 14, 2018
Sold by
Maravilla Guadalupe
Bought by
Perng Larry and Perng Serina
Seller's Agent
Yolanda Munoz
Century 21 A Better Service
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$470,000
Sold Price
$450,000
Premium/Discount to List
-$20,000
-4.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.55%
Original Mortgage
$322,500
Outstanding Balance
$280,078
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$380,938

Purchase Details

Listed on
Jan 21, 2015
Closed on
Mar 9, 2015
Sold by
Chavez Laura
Bought by
Maravilla Guadalupe and Maravilla Esteban
Seller's Agent
Ernesto Sifuentes
Century 21 A Better Service
Buyer's Agent
Yolanda Munoz
Century 21 A Better Service
List Price
$360,000
Sold Price
$345,000
Premium/Discount to List
-$15,000
-4.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.44%
Original Mortgage
$338,751
Interest Rate
3.7%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 26, 2002
Sold by
Alamilla Juan
Bought by
Chavez Laura

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,079
Interest Rate
6.52%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 26, 2000
Sold by
Garcia Antonio C
Bought by
Alamilla Juan and Alamilla Maria J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
9.14%
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
Perng Tsorng Long Larry -- Fidelity National Title Co
Perng Larry $430,000 Fidelity National Title
Maravilla Guadalupe $345,000 Fidelity National Title Co
Chavez Laura $189,000 Gateway Title
Alamilla Juan $150,000 Gateway Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Perng Larry $322,500
Previous Owner Maravilla Guadalupe $338,751
Previous Owner Chavez Laura $75,800
Previous Owner Chavez Laura $243,600
Previous Owner Chavez Laura $186,079
Previous Owner Alamilla Juan $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/20/2018 07/20/18 Sold $450,000 0.0% $361 / Sq Ft
06/11/2018 06/11/18 Price Changed $450,000 -4.3% $361 / Sq Ft
05/07/2018 05/07/18 For Sale $470,000 0.0% $377 / Sq Ft
03/03/2018 03/03/18 Pending -- -- --
02/24/2018 02/24/18 For Sale $470,000 +36.2% $377 / Sq Ft
04/08/2015 04/08/15 Sold $345,000 -4.2% $276 / Sq Ft
03/04/2015 03/04/15 Pending -- -- --
10/16/2014 10/16/14 For Sale $360,000 -- $288 / 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 $7,041 $479,668 $278,876 $200,792
2024 $7,041 $470,263 $273,408 $196,855
2023 $6,931 $461,044 $268,048 $192,996
2022 $6,636 $452,005 $262,793 $189,212
2021 $6,566 $443,143 $257,641 $185,502
2020 $6,610 $438,600 $255,000 $183,600
2019 $6,380 $430,000 $250,000 $180,000
2018 $5,596 $364,410 $218,646 $145,764
2016 $5,375 $350,260 $210,156 $140,104
2015 $3,928 $227,748 $114,476 $113,272
2014 $3,937 $223,288 $112,234 $111,054
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW18044793

California Regional Multiple Listing Service (CRMLS)

APN: 6010-014-032