NOT LISTED FOR SALE

1241 E 78th St Los Angeles, CA 90001

Florence-Graham Neighborhood

Estimated Value: $584,000 - $689,000

3 Beds
2 Baths
1,036 Sq Ft
$621/Sq Ft Est. Value

Last Sold June 29, 2017

Last sale price $382,000 $369 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $3,915/month

79 Days on Market

About This Home

As of June 2017

Standard Sale, 2 Separated Units, Front unit 2 Bedroom 1 Bath Back unit 1 Bedroom 1 Bath Each unit has a parking space Fruit trees Both units they are in good condition Both units will be vacant 3days After close of escrow

Last Agent to Sell the Property

JUAN AMADOR

Coldwell Banker Allstars License #01246948 Listed on: 03/05/2017

Coldwell Banker Allstars

Last Buyer's Agent

JUAN AMADOR

Coldwell Banker Allstars License #01246948 Listed on: 03/05/2017

Coldwell Banker Allstars

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,468

Year Built

  • Built in 1910

Lot Details

  • 4,752 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Home Design

  • 1,036 Sq Ft Home

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 1268
  • Tax Tract Number 5450
  • Assessor Parcel Number 6024016023

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Insurance Expense $450
  • Trash Expense $600
  • New Taxes Expense $3,704
  • Gross Income $2,050
  • Net Operating Income $2,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,468

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Attached: No
  • Zoning: LCR3*
  • Property Type: Residential Income
  • Parcel Number: 6024016023
  • Year Built: 1910
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 368.73

Exterior Features

  • Pool Private: No

Utilities

  • Sewer: Public Sewer
  • Trash Expense: 600.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 4752.00
  • Lot Size Acres: 0.1091

Multi Family

  • Gross Income: 2050.00
  • Gross Scheduled Income: 2050.00
  • Insurance Expense: 450.00
  • Lot Size Area: 4752.0000 Square Feet
  • Net Operating Income: 2400.00
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • New Taxes Expense: 3704.00
  • Tax Census Tract: 5350.01
  • Tax Lot: 1268
  • Tax Tract Number: 5450

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 10, 2020
Sold by
Gomez Julio A and Gomez Brenda
Bought by
Gomez Julio A and Gomez Dolores
Current Estimated Value
$643,854

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$394,790
Outstanding Balance
$349,072
Interest Rate
3.3%
Mortgage Type
FHA
Estimated Equity
$294,782

Purchase Details

Listed on
Mar 5, 2017
Closed on
Jun 23, 2017
Sold by
Gomez Dolores
Bought by
Gomez Julio A
Seller's Agent
JUAN AMADOR
Coldwell Banker Allstars
Buyer's Agent
JUAN AMADOR
Coldwell Banker Allstars
List Price
$410,000
Sold Price
$382,000
Premium/Discount to List
-$28,000
-6.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.50%
Original Mortgage
$375,081
Interest Rate
4.62%
Mortgage Type
FHA

Purchase Details

Listed on
Mar 5, 2017
Closed on
Jun 12, 2017
Sold by
Valle Martha
Bought by
Gomez Julio A and Gomez Brenda
Seller's Agent
JUAN AMADOR
Coldwell Banker Allstars
Buyer's Agent
JUAN AMADOR
Coldwell Banker Allstars
List Price
$410,000
Sold Price
$382,000
Premium/Discount to List
-$28,000
-6.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,081
Interest Rate
4.62%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 6, 2011
Sold by
Rosales Ramon
Bought by
Valle Martha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$214,625
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 18, 2011
Sold by
Castillo Blanca Sugey
Bought by
Valle Martha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$214,625
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 17, 2011
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Castillo Blanca Sugey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,000
Interest Rate
4.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 5, 2010
Sold by
Parra Gabriel Soto
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Sep 12, 2007
Sold by
Parra Gabriel Soto and Soto Gabriel
Bought by
Parra Gabriel Soto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$353,500
Interest Rate
6.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 7, 2005
Sold by
Gonzalez Martin and Ornelas Lilia
Bought by
Ornelas Lilia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Interest Rate
6.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 2, 2005
Sold by
Ornelas Lilia
Bought by
Soto Gabriel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Interest Rate
6.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 15, 2003
Sold by
Vera Maria S
Bought by
Mendez Felicitas

Purchase Details

Closed on
Jan 3, 2002
Sold by
Quesada Maria J
Bought by
Vera Maria S

Purchase Details

Closed on
Jan 12, 2001
Sold by
One Step Forward
Bought by
Quesada 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
$156,243
Interest Rate
7.08%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 29, 2000
Sold by
Hud
Bought by
One Step Forward

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
7.89%

Purchase Details

Closed on
Jul 21, 2000
Sold by
Fleet Mtg Corp
Bought by
Hud

Purchase Details

Closed on
Apr 20, 2000
Sold by
Cooper Stanley
Bought by
Fleet Mtg Corp

Purchase Details

Closed on
Oct 19, 1998
Sold by
Michellevaches Corp
Bought by
Cooper Stanley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,800
Interest Rate
6.73%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 21, 1998
Sold by
Cox Margaret A and Cox Howard L
Bought by
Millevaches Corp

Purchase Details

Closed on
Jun 10, 1996
Sold by
Cox Howard L
Bought by
Cox Howard L and Cox Margaret A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,500
Interest Rate
8.01%

Purchase Details

Closed on
May 18, 1994
Sold by
Mustin Garnett
Bought by
Mustin Garnett and Cox Howard L
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Gomez Julio A -- Lawyers Title Company
Gomez Julio A -- Lawyers Title
Gomez Julio A $382,000 Lawyers Title
Valle Martha -- Investors Title Company
Valle Martha $230,000 Investors Title Company
Castillo Blanca Sugey $132,000 Lsi Title Company
Federal Home Loan Mortgage Corporation $406,211 Accommodation
Parra Gabriel Soto -- Orange Coast Title
Ornelas Lilia -- --
Soto Gabriel $360,000 --
Mendez Felicitas -- Southland Title Corporation
Vera Maria S -- --
Quesada Maria J $159,000 American Title Co
One Step Forward $110,000 New Century Title Company
Hud $169,042 --
Fleet Mtg Corp $169,042 Fidelity National Title Ins
Cooper Stanley $160,000 California Counties Title Co
Millevaches Corp -- --
Cox Howard L -- Fidelity National Title
Mustin Garnett -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gomez Julio A $394,790
Closed Gomez Julio A $375,081
Previous Owner Valle Martha $214,625
Previous Owner Castillo Blanca Sugey $99,000
Previous Owner Parra Gabriel Soto $353,500
Previous Owner Soto Gabriel $288,000
Previous Owner Quesada Maria J $156,243
Previous Owner One Step Forward $90,000
Previous Owner Cooper Stanley $156,800
Previous Owner Cox Howard L $80,500
Closed Soto Gabriel $54,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/29/2017 06/29/17 Sold $382,000 -4.5% $369 / Sq Ft
05/23/2017 05/23/17 Pending -- -- --
05/15/2017 05/15/17 Price Changed $400,000 -2.4% $386 / Sq Ft
03/05/2017 03/05/17 For Sale $410,000 -- $396 / 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 $6,468 $465,652 $277,982 $187,670
2024 $6,468 $456,523 $272,532 $183,991
2023 $6,362 $447,573 $267,189 $180,384
2022 $6,078 $438,798 $261,950 $176,848
2021 $5,773 $409,578 $214,439 $195,139
2020 $5,814 $405,380 $212,241 $193,139
2019 $5,603 $397,432 $208,080 $189,352
2018 $5,509 $389,640 $204,000 $185,640
2016 $3,758 $244,037 $167,006 $77,031
2015 $3,705 $240,372 $164,498 $75,874
2014 $3,709 $235,664 $161,276 $74,388
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2017

    JUAN AMADOR

    Coldwell Banker Allstars

    Section Image
  • Ariadna Cardenas

    Buyer Co-Listing Agent in 2017

    Ariadna Cardenas

    Synergy Real Estate

    (323) 600-5251

    30 Total Sales

    Ariadna Cardenas
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IN17045563

California Regional Multiple Listing Service (CRMLS)

APN: 6024-016-023

California Los Angeles County Los Angeles 90001 Florence-Graham

1241 E 78th St, Los Angeles, CA

This home is located at 1241 E 78th St, Los Angeles, CA 90001 since 05 March 2017 and is currently estimated at $643,854, approximately $621 per square foot. This property was built in 1910. 1241 E 78th St is a home located in Los Angeles County with nearby schools including Parmelee Avenue Elementary School, Charles Drew Middle School, and Academy For Multiligual Arts And Science At Mervyn M. Dymally High.

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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