NOT LISTED FOR SALE

1216 E 78th St Los Angeles, CA 90001

Florence-Graham Area

Estimated Value: $488,015

0.13 Acres
$3,812,617 Price per Acre
5,574 Sq Ft Lot

Sale Details

Date Sold: February 23, 2023

Last sale price $300,000

Est. 63% increase in value since last sale

Current estimated payment $3,353 / mo

31 Days on Market

About This Lot

As of February 2023

Excellent location! Great Investment Opportunity.

Last Agent to Sell the Property

Martha Petterson

First Team Real Estate Brokerage Phone: 949-525-5754 License #01337104 Listed on: 12/09/2022

Last Buyer's Agent

NONE NONE

None MRML License #N/A

Property Details

Property Type

  • Land

Lot Details

  • 5,574 Sq Ft Lot
  • Density is up to 1 Unit/Acre
  • Property is zoned LCM1*

Listing and Financial Details

  • Tax Lot 1307
  • Tax Tract Number 5450
  • Assessor Parcel Number 6024017055
  • $495 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association

Recreation

  • Exterior Lighting

Property Details

Property Type

Land

Lot Details

5,574 Sq Ft Lot

Listing Details

  • Current Use: Storage, Unimproved
  • Possible Use: Buyer to verify, Commercial, Investment, Multi-Family, Parking lot, Residential
  • View: No
  • Zoning: LCM1*
  • Property Type: Land
  • Parcel Number: 6024017055
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 53.82

Utilities

  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5574.00
  • Lot Size Acres: 0.1280
  • Latitude Manual: 33.96784100

Multi Family

  • Lot Size Area: 5574.0000 Square Feet

Tax Info

  • Tax Census Tract: 5351.01
  • Tax Lot: 1307
  • Tax Tract Number: 5450
  • TaxOtherAnnualAssessmentAmount: 495.00

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 8, 2024
Sold by
Bought by
Current Estimated Value
$488,015

Purchase Details

Closed on
Dec 4, 2023
Sold by
Bought by

Purchase Details

Listed on
Dec 9, 2022
Closed on
Feb 16, 2023
Sold by
Bought by
Seller's Agent
Martha Petterson
First Team Real Estate
Buyer's Agent
NONE NONE
None MRML
List Price
$399,999
Sold Price
$300,000
Premium/Discount to List
-$99,999
-25%
Views
141

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.48%
Original Mortgage
$200,000
Interest Rate
0.0613%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 9, 2022
Closed on
Feb 15, 2023
Sold by
Bought by
Seller's Agent
Martha Petterson
First Team Real Estate
Buyer's Agent
NONE NONE
None MRML
List Price
$399,999
Sold Price
$300,000
Premium/Discount to List
-$99,999
-25%
Views
141

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
0.0613%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 10, 2001
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Listed On Document
-- None Listed On Document
$420,000 Netco Title
$300,000 Netco Title
$186,500 Stewart Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $250,000
Closed $525,000
Open $1,000,000
Previous Owner $200,000
Previous Owner $413,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
02/23/2023 02/23/23 Sold $300,000 -25.0% --
01/26/2023 01/26/23 For Sale $399,999 +33.3% --
01/25/2023 01/25/23 Off Market $300,000 -- --
12/09/2022 12/09/22 For Sale $399,999 -- --
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $8,416 $673,200 $673,200
2024 $7,858 $620,000 $620,000
2023 $1,551 $88,378 $87,693 $685
2022 $1,492 $86,646 $85,974 $672
2021 $1,481 $84,948 $84,289 $659
2020 $1,488 $84,078 $83,425 $653
2019 $1,446 $82,431 $81,790 $641
2018 $1,311 $80,816 $80,187 $629
2016 $1,266 $77,679 $77,074 $605
2015 $1,251 $76,513 $75,917 $596
2014 $1,256 $75,015 $74,430 $585
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2023

    Martha Petterson

    First Team Real Estate

  • N

    Buyer's Agent in 2023

    NONE NONE

    None MRML

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC22242077

California Regional Multiple Listing Service (CRMLS)

APN: 6024-017-055

California Los Angeles County Los Angeles 90001

1216 E 78th St, Los Angeles, CA

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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