Seller's Agent in 2023
Jesus Campos
24 Solutions Inc.
(323) 535-9510
1 in this area
17 Total Sales
1218 E 70th St Los Angeles, CA 90001
Estimated Value: $894,000 - $999,000
6
Beds
4
Baths
2,361
Sq Ft
$399/Sq Ft
Est. Value
Highlights
- Fireplace in Bathroom
- Laundry Room
- Bike Trail
About This Home
As of June 2023Excellent opportunity to purchase Units close to SoFI stadium, Crypto.com Arena and the heart of Downtown LA. The Front house contains 3 bedrooms & 1 bath. Each of the back units have 1 bedroom & 1 bath in a two-story building. Additionally, there is a detached garage which can be made into an ADU. There is sufficient parking between the front house and back units and many possibilities to add value to these residential income producing units. Live in one and rent the others. Units will be delivered WITHOUT any tenants!
Last Agent to Sell the Property
24 Solutions Inc. License #01510353 Listed on: 03/27/2023
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1948
Lot Details
- 5,906 Sq Ft Lot
- 1 Common Wall
- Density is up to 1 Unit/Acre
Parking
- 4 Car Garage
Home Design
- Triplex
Interior Spaces
- 2,361 Sq Ft Home
- 2-Story Property
- Gas Fireplace
- Family Room with Fireplace
- Living Room with Fireplace
- Dining Room with Fireplace
- Bonus Room with Fireplace
- Fireplace in Kitchen
- Laundry Room
Bedrooms and Bathrooms
- 6 Bedrooms
- 4 Bathrooms
- Fireplace in Bathroom
Additional Features
- Exterior Lighting
- Urban Location
Listing and Financial Details
- Tenant pays for all utilities
- Tax Lot 626
- Tax Tract Number 5450
- Assessor Parcel Number 6010014006
- $9,473 per year additional tax assessments
Community Details
Overview
- 2 Buildings
- 4 Units
Amenities
- Laundry Facilities
Recreation
- Bike Trail
Building Details
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $2,700
- Fuel Expense $3,000
- Insurance Expense $1,080
- Trash Expense $1,140
- Water Sewer Expense $1,380
- Operating Expense $9,300
- Gross Income $74,280
- Net Operating Income $42,480
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 27, 2023
Closed on
Jun 8, 2023
Sold by
Hernandez Rosalva Lara
Bought by
Lopez Ivette
Seller's Agent
Jesus Campos
24 Solutions Inc.
Buyer's Agent
Boris Almengor
Lyon Stahl Investment Real Est
List Price
$774,900
Sold Price
$815,000
Premium/Discount to List
$40,100
5.17%
Views
3
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$99,965
Avg. Annual Appreciation
5.80%
Original Mortgage
$800,238
Outstanding Balance
$778,995
Interest Rate
6.43%
Mortgage Type
FHA
Estimated Equity
$163,538
Purchase Details
Closed on
Jun 12, 2006
Sold by
Cornejo Jesse
Bought by
Jesscorp Llc
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
6.63%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 8, 2006
Sold by
Jesscorp Llc
Bought by
Hernandez Rosalba Lara
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
6.63%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 30, 2006
Sold by
Cornejo Evelyn
Bought by
Cornejo Jessie
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,500
Interest Rate
6.2%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Mar 15, 2006
Sold by
Vazquez Raymond
Bought by
Cornejo Jesse
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,500
Interest Rate
6.2%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Mar 22, 2004
Sold by
Vazquez Felicitas
Bought by
Vazquez Raymond
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Interest Rate
5.57%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 4, 1997
Sold by
Shaw Mildred B
Bought by
Vazquez Raymond and Vazquez Felicitas
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,790
Interest Rate
10.6%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lopez Ivette | $815,000 | Pacific Coast Title Company | |
| Jesscorp Llc | -- | Southland Title Corporation | |
| Hernandez Rosalba Lara | $620,000 | Southland Title Company | |
| Cornejo Jessie | -- | Southland Title Corporation | |
| Cornejo Jesse | $525,000 | Southland Title Company | |
| Vazquez Raymond | -- | Commerce Title Company | |
| Vazquez Raymond | $190,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Lopez Ivette | $800,238 | |
| Previous Owner | Hernandez Rosalba Lara | $232,000 | |
| Previous Owner | Cornejo Jessie | $52,500 | |
| Previous Owner | Cornejo Jesse | $420,000 | |
| Previous Owner | Vazquez Raymond | $216,000 | |
| Previous Owner | Vazquez Raymond | $159,790 | |
| Closed | Vazquez Raymond | $28,500 | |
| Closed | Vazquez Raymond | $54,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/12/2023 06/12/23 | Sold | $815,000 | +5.2% | $345 / Sq Ft |
| 04/11/2023 04/11/23 | For Sale | $774,900 | -4.9% | $328 / Sq Ft |
| 04/10/2023 04/10/23 | Off Market | $815,000 | -- | -- |
| 04/10/2023 04/10/23 | For Sale | $774,900 | -4.9% | $328 / Sq Ft |
| 04/09/2023 04/09/23 | Off Market | $815,000 | -- | -- |
| 04/08/2023 04/08/23 | Pending | -- | -- | -- |
| 03/27/2023 03/27/23 | For Sale | $774,900 | -- | $328 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $11,685 | $847,926 | $520,200 | $327,726 |
| 2024 | $11,685 | $831,300 | $510,000 | $321,300 |
| 2023 | $9,753 | $690,000 | $233,700 | $456,300 |
| 2022 | $9,473 | $690,000 | $233,700 | $456,300 |
| 2021 | $9,117 | $655,000 | $221,900 | $433,100 |
| 2020 | $8,612 | $600,260 | $250,000 | $350,260 |
| 2019 | $8,436 | $600,260 | $250,000 | $350,260 |
| 2018 | $7,906 | $555,260 | $188,400 | $366,860 |
| 2016 | $6,319 | $426,000 | $144,600 | $281,400 |
| 2015 | $5,104 | $323,500 | $109,800 | $213,700 |
| 2014 | $5,187 | $323,500 | $109,800 | $213,700 |
Source: Public Records
Agents Affiliated with this Home
-
Jesus Campos
-
Boris Almengor
Buyer's Agent in 2023
Boris Almengor
Lyon Stahl Investment Real Est
(323) 868-5857
3 in this area
27 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC23047076
APN: 6010-014-006
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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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