1259 E 78th St Los Angeles, CA 90001
Estimated payment $5,144/month
Highlights
- Laundry Room
- Wall Furnace
- Front Yard
About This Home
Investment Opportunity Knocks! TRIPLEX in Prime Los Angeles Location! ????? Looking for a smart investment or multi-generational living? This fantastic triplex at 1259 E 78th Street, Los Angeles, CA 90001 offers incredible income potential and flexible living arrangements. This property features three separate units: Unit 1: 2 bedrooms, 1 bathrooms Unit 2: 2 bedrooms, 1 bathrooms Unit 3: 1 bedroom, 1 bathroom Each unit offers comfortable living spaces and the potential for strong rental income. The garage is also currently being rented. Live in one unit and rent out the others, or maximize your investment with full occupancy. Located in a convenient area near schools, parks, and transportation, this triplex presents a unique opportunity for savvy investors and homeowners alike. Don't miss out! Schedule a showing today! ???? Call us at (562)644-2033 to explore the possibilities!
Listing Agent
RE/MAX Dynasty Brokerage Phone: 562-644-2033 License #01817608 Listed on: 01/25/2025
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1924
Lot Details
- 4,781 Sq Ft Lot
- No Common Walls
- Front Yard
Parking
- 1 Car Garage
Home Design
- Triplex
- Entry on the 1st floor
Interior Spaces
- 1,640 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Bathrooms
Laundry
- Laundry Room
- Laundry Located Outside
Utilities
- Wall Furnace
- Natural Gas Connected
Listing and Financial Details
- Tax Lot 1264
- Tax Tract Number 5450
- Assessor Parcel Number 6024016019
- $1,464 per year additional tax assessments
Community Details
Overview
- 3 Buildings
- 3 Units
Building Details
- 3 Leased Units
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $2,500
- Trash Expense $1,200
- Water Sewer Expense $1,200
- Operating Expense $3,900
- Gross Income $4,100
- Net Operating Income $44,300
Map
Home Values in the Area
Average Home Value in this Area
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 | $5,367 | $319,886 | $177,715 | $142,171 |
| 2024 | $5,367 | $313,615 | $174,231 | $139,384 |
| 2023 | $5,033 | $307,466 | $170,815 | $136,651 |
| 2022 | $4,834 | $301,438 | $167,466 | $133,972 |
| 2021 | $4,777 | $295,529 | $164,183 | $131,346 |
| 2020 | $4,804 | $292,500 | $162,500 | $130,000 |
| 2019 | $4,648 | $286,765 | $159,314 | $127,451 |
| 2018 | $4,553 | $281,143 | $156,191 | $124,952 |
| 2016 | $4,367 | $270,227 | $150,127 | $120,100 |
| 2015 | $4,305 | $266,168 | $147,872 | $118,296 |
| 2014 | $4,312 | $260,955 | $144,976 | $115,979 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/25/2025 03/25/25 | Price Changed | $899,000 | -4.4% | $548 / Sq Ft |
| 01/25/2025 01/25/25 | For Sale | $940,000 | -- | $573 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | First American | |
| Interfamily Deed Transfer | -- | Ticor Title Company | |
| Individual Deed | $225,000 | Ticor Title Company | |
| Grant Deed | $178,500 | Orange Coast Title |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $352,000 | New Conventional | |
| Closed | $198,940 | FHA | |
| Previous Owner | $174,015 | FHA |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: DW25018088
APN: 6024-016-019
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