R
Seller's Agent in 2021
Ruben Aldana
Ruben Roque Aldana
(323) 712-4683
1 in this area
5 Total Sales
1222 E 78th St Los Angeles, CA 90001
Estimated Value: $991,549
8
Beds
8
Baths
2,503
Sq Ft
$396/Sq Ft
Est. Value
About This Home
As of April 2021PLEASE DO NOT GO TO PROPERTY WITH OUT AN APPOINTMENT, DO NOT TALK WITH TENANTS. YOU MAY BE DISQUALIFIED TO PURCHASE, IF YOU GO TO PROPERTY WITH OUT PERMISSION
222 E 78th St is a hotel/motel located in Los Angeles, CA 90001. Built in 1938,
this property features 5,541 sq ft lot, and 2,503 sq ft of living space. #8 units 1bedroom, one bathroom each
For the surrounding community of Los Angeles, CA 90001, the nearby schools are Parmelee Avenue Elementary, Charles Drew Middle and John C Fremont Senior High. Great for development of apartments and commercial buildings. PLEASE CHECK WTH THE CITY FOR MORE INFORMATION BUYER responsible to do their due diligences
Last Agent to Sell the Property
Ruben Roque Aldana License #01010286 Listed on: 09/30/2020
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1938
Lot Details
- 5,495 Sq Ft Lot
- Two or More Common Walls
- Level Lot
Home Design
- 2,503 Sq Ft Home
- Property Attached
Bedrooms and Bathrooms
- 8 Bedrooms
- 8 Bathrooms
Parking
- Parking Available
- Off-Street Parking
Listing and Financial Details
- Tax Lot 1308
- Tax Tract Number 5450
- Assessor Parcel Number 6024017056
Community Details
Overview
- 8 Units
Building Details
- 1 Separate Electric Meter
- 1 Separate Gas Meter
- 1 Separate Water Meter
- Electric Expense $300
- Insurance Expense $2,000
- Water Sewer Expense $1,200
- New Taxes Expense $16,000
- Operating Expense $19,500
- Gross Income $71,000
- Net Operating Income $71,000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jun 5, 2019
Sold by
Araujo Joe
Bought by
Araujo Joe and Garcia Rosalba Arreola
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$413,000
Interest Rate
4.1%
Mortgage Type
Commercial
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Araujo Joe | -- | Chicago Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Closed | Araujo Joe | $413,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/01/2021 04/01/21 | Sold | $830,000 | -16.9% | $332 / Sq Ft |
| 03/20/2021 03/20/21 | Pending | -- | -- | -- |
| 11/14/2020 11/14/20 | Price Changed | $999,000 | -23.2% | $399 / Sq Ft |
| 09/30/2020 09/30/20 | For Sale | $1,300,000 | -- | $519 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
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 | $14,732 | $843,754 | $584,513 | $259,241 |
| 2024 | $13,832 | $827,210 | $573,052 | $254,158 |
| 2023 | $13,630 | $810,991 | $561,816 | $249,175 |
| 2022 | $15,708 | $795,090 | $550,800 | $244,290 |
| 2021 | $8,398 | $164,563 | $84,289 | $80,274 |
| 2020 | $8,410 | $162,876 | $83,425 | $79,451 |
| 2019 | $8,229 | $159,684 | $81,790 | $77,894 |
| 2018 | $7,990 | $156,554 | $80,187 | $76,367 |
| 2016 | $7,673 | $150,476 | $77,074 | $73,402 |
| 2015 | $7,547 | $148,217 | $75,917 | $72,300 |
| 2014 | $7,460 | $145,314 | $74,430 | $70,884 |
Source: Public Records
Agents Affiliated with this Home
-
Ruben Aldana
-
Carlos Estrada
Buyer's Agent in 2021
Carlos Estrada
Liberty Investment Group
(562) 477-8983
5 in this area
51 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: DW20205571
APN: 6024-017-056
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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