NOT LISTED FOR SALE

125 E 71st St Los Angeles, CA 90003

Florence Neighborhood

Estimated Value: $684,000 - $837,000

3 Beds
2 Baths
1,192 Sq Ft
$635/Sq Ft Est. Value

Last Sold August 29, 2018

Last sale price $395,000 $331 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $4,412/month

105 Days on Market

Highlights

  • Main Floor Bedroom
  • Living Room
  • Wrought Iron Fence
  • No HOA
  • Accessible Parking
  • Wall Furnace

About This Home

As of August 2018

Great Location 2 Detached Units / Residential Income Property with lots of potential located near many Shopping Areas, Schools, Public Transportation and easy Freeway access, Property is situated in a nice & quiet neighborhood, has a very large driveway perfect for parking. Please contact agent for more information.

Last Agent to Sell the Property

TELMA MOGUEL

MICHAEL HAYES, BROKER License #01221809 Listed on: 04/14/2018

Last Buyer's Agent

LUZ MARIA AGUILAR

RGC Capital Inc. License #01882353

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 5,098 Sq Ft Lot
  • No Common Walls
  • Wrought Iron Fence
  • Fence is in average condition
  • Density is up to 1 Unit/Acre

Home Design

  • Duplex
  • Raised Foundation
  • Shingle Roof
  • Stucco

Interior Spaces

  • 1,192 Sq Ft Home
  • Living Room
  • Window Bars

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • 2 Bathrooms

Parking

  • Parking Available
  • Driveway

Accessible Home Design

  • Accessible Parking

Utilities

  • Wall Furnace
  • Natural Gas Connected
  • Water Heater

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 30
  • Assessor Parcel Number 6011006046

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Leased Units
  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $950
  • Trash Expense $600
  • Water Sewer Expense $1,020
  • Operating Expense $2,570
  • Gross Income $27,600
  • Net Operating Income $24,888

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Window Bars
  • Water Sewer Expenses: 1020.00
  • Zoning: LAR2
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 6011006046
  • Year Built: 1920
  • Special Features: None

Interior Features

  • Fireplace: No
  • Common Walls: No Common Walls
  • Accessibility Features: Parking
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 331.38
  • Room Type: Kitchen, Living Room, Main Floor Bedroom

Exterior Features

  • Foundation: Raised
  • Fence: Yes
  • Fencing: Average Condition, Wrought Iron
  • Pool Private: No
  • Roof: Shingle
  • Construction Materials: Stucco

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: No
  • Appliances: Water Heater
  • Electric: Electricity - On Property, Standard
  • Heating Type: Wall Furnace
  • Sewer: Public Sewer
  • Trash Expense: 600.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5098.00
  • Lot Size Acres: 0.1170

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Income: 27600.00
  • Gross Scheduled Income: 27600.00
  • Insurance Expense: 950.00
  • Lot Size Area: 5098.0000 Square Feet
  • Net Operating Income: 24888.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 2712.00
  • Rent Control: Yes
  • Total Actual Rent: 2300.00
  • Total Expenses: 2570.00

Tax Info

  • Tax Census Tract: 2393.20
  • Tax Lot: 30
  • Tax Tract Number: 30IMP1
  • Tax Year: 1903

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2018
Closed on
Aug 19, 2018
Sold by
Alvarado Alfonso
Bought by
Orta Fidel Amador and Moreno Regina Ann
Seller's Agent
TELMA MOGUEL
MICHAEL HAYES, BROKER
Buyer's Agent
LUZ MARIA AGUILAR
RGC Capital Inc.
List Price
$399,900
Sold Price
$395,000
Premium/Discount to List
-$4,900
-1.23%
Current Estimated Value
$757,366

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$362,366
Avg. Annual Appreciation
9.29%

Purchase Details

Closed on
Nov 25, 1996
Sold by
Alvarado Alfonso and Alvarado Evangelina
Bought by
Alvarado Alfonso and Alvarado Evangelina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,500
Interest Rate
7.86%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Orta Fidel Amador $395,000 Wfg National Title Company O
Alvarado Alfonso -- Orange Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Alvarado Alfonso $87,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/29/2018 08/29/18 Sold $395,000 -1.2% $331 / Sq Ft
07/28/2018 07/28/18 Pending -- -- --
04/14/2018 04/14/18 For Sale $399,900 -- $335 / 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 $5,471 $440,625 $329,075 $111,550
2024 $5,471 $431,986 $322,623 $109,363
2023 $5,369 $423,517 $316,298 $107,219
2022 $5,123 $415,214 $310,097 $105,117
2021 $5,058 $407,073 $304,017 $103,056
2020 $5,107 $402,900 $300,900 $102,000
2019 $4,910 $395,000 $295,000 $100,000
2018 $2,000 $149,941 $118,175 $31,766
2016 $1,903 $144,121 $113,587 $30,534
2015 $1,877 $141,957 $111,881 $30,076
2014 $1,897 $139,177 $109,690 $29,487
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2018

    TELMA MOGUEL

    MICHAEL HAYES, BROKER

    Section Image

  • L

    Buyer's Agent in 2018

    LUZ MARIA AGUILAR

    RGC Capital Inc.

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV18087600

California Regional Multiple Listing Service (CRMLS)

APN: 6011-006-046

California Los Angeles County Los Angeles 90003 Florence

125 E 71st St, Los Angeles, CA

Not Listed for Sale

MultiFamily

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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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