Monica Olmos
Century 21 Masters
(626) 986-7539
44 Total Sales
1 in Florence-Graham
$584,250 Price
1218 E 70th St Los Angeles, CA 90001
Florence-Graham AreaEstimated Value: $787,000 - $940,171
6
Beds
4
Baths
2,361
Sq Ft
$356/Sq Ft
Est. Value
Highlights
- Fireplace in Bathroom
- Bike Trail
- Laundry Facilities
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
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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
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
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
Listed on
Mar 27, 2023
Closed on
Jun 8, 2023
Sold by
Bought by
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
$25,793
Avg. Annual Appreciation
0.98%
Original Mortgage
$800,238
Outstanding Balance
$766,503
Interest Rate
5.75%
Mortgage Type
FHA
Estimated Equity
$74,290
Purchase Details
Closed on
Jun 12, 2006
Sold by
Bought by
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
Bought by
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
Bought by
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
Bought by
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
Bought by
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
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Los Angeles, CA
-
Monica Olmos
-
Amalia Ochoa
Amalia Ochoa
The Proud Crowd Inc.
(424) 348-7667
31 Total Sales
1 in Florence-Graham
$620,000 Price
-
Alex Sanchez
Alex Sanchez
eXp Realty of Southern California, Inc.
(562) 261-0539
63 Total Sales
4 in Florence-Graham
$649K - $714K Price Range
-
Christine Cheng
Christine Cheng
Keller Williams Realty/Temecula
(628) 244-8657
51 Total Sales
1 in Florence-Graham
$700,000 Price
-
Ramon Sanchez
Ramon Sanchez
Century 21 Allstars
(562) 684-6070
171 Total Sales
2 in Florence-Graham
$550,000 Price Range
-
Kelly McLaren
Kelly McLaren
Keller Williams Realty
(951) 432-5018
185 Total Sales
1 in Florence-Graham
$450,000 Price
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 |
|---|---|---|---|
| $815,000 | Pacific Coast Title Company | ||
| -- | Southland Title Corporation | ||
| $620,000 | Southland Title Company | ||
| -- | Southland Title Corporation | ||
| $525,000 | Southland Title Company | ||
| -- | Commerce Title Company | ||
| $190,000 | -- |
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 | $800,238 | ||
| Previous Owner | $232,000 | ||
| Previous Owner | $52,500 | ||
| Previous Owner | $420,000 | ||
| Previous Owner | $216,000 | ||
| Previous Owner | $187,500 | ||
| Previous Owner | $36,435 | ||
| Previous Owner | $20,000 | ||
| Previous Owner | $192,000 | ||
| Previous Owner | $192,000 |
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 |
|---|---|---|---|---|
| 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
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 | $12,027 | $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
Seller's Agent in 2023
Jesus Campos
24 Solutions Inc.
(323) 535-9510
15 Total Sales
-
Boris Almengor
Buyer's Agent in 2023
Boris Almengor
Lyon Stahl Investment Real Est
(323) 868-5857
29 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC23047076
APN: 6010-014-006
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.
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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