NOT LISTED FOR SALE

1315 E 76th St Los Angeles, CA 90001

Estimated Value: $596,000 - $684,000

3 Beds
2 Baths
1,188 Sq Ft
$542/Sq Ft Est. Value

Last Sold November 28, 2018

Last sale price $440,000 $370 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $3,985/month

166 Days on Market

About This Home

As of November 2018

Live in one and rent the other or rent the 2 units out for instant cash flow!!! I present to you this great opportunity in the wonderful city of Los Angeles. This is a nicely kept duplex that is conveniently located close in proximity to many of the local amenities such as schools, grocery stores, parks, banks, shopping and more. The front unit is a 2 bedroom 1 bath home and the rear unit is 1 bedroom and 1 bath. Call today before it is gone!

Last Agent to Sell the Property

Uriel Estrada

Executive Bankers Realty License #01731711 Listed on: 03/02/2018

Last Buyer's Agent

Carlos Barrios

Continental Pacific Realty License #01054268

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1924

Lot Details

  • 4,794 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 1 Open Parking Space
  • 2 Car Garage

Home Design

  • 1,188 Sq Ft Home
  • Duplex

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Location

  • Urban Location

Listing and Financial Details

  • Tax Lot 18
  • Tax Tract Number 2286
  • Assessor Parcel Number 6024020055

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • New Taxes Expense $4,533
  • Operating Expense $4,533
  • Net Operating Income $28,200

Property Details

Home Type

Multi-Family

Year Built

Built in 1924

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Zoning: LCR3YY
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 6024020055
  • Year Built: 1924
  • Special Features: None

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 370.37

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 3.00
  • Uncovered Spaces: 1.00

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 4794.00
  • Lot Size Acres: 0.1101

Multi Family

  • Gross Scheduled Income: 28200.00
  • Lot Size Area: 4794.0000 Square Feet
  • Net Operating Income: 28200.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: No
  • Total Expenses: 4533.00

Tax Info

  • New Taxes Expense: 4533.00
  • Tax Census Tract: 5350.01
  • Tax Lot: 18
  • Tax Tract Number: 2286

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 13, 2020
Sold by
Palma Oscar A and Barrera Ixmar E
Bought by
Palma Oscar A
Current Estimated Value
$643,816

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$431,250
Outstanding Balance
$383,114
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$260,703

Purchase Details

Listed on
Mar 2, 2018
Closed on
Nov 14, 2018
Sold by
Baik Dana
Bought by
Palma Oscar A and Barrera Ixmar E
Seller's Agent
Uriel Estrada
Executive Bankers Realty
Buyer's Agent
Carlos Barrios
Continental Pacific Realty
List Price
$425,000
Sold Price
$440,000
Premium/Discount to List
$15,000
3.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.52%
Original Mortgage
$432,030
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Listed on
Mar 2, 2018
Closed on
Nov 13, 2018
Sold by
Santos Irma Aracely
Bought by
Palma Oscar A
Seller's Agent
Uriel Estrada
Executive Bankers Realty
Buyer's Agent
Carlos Barrios
Continental Pacific Realty
List Price
$425,000
Sold Price
$440,000
Premium/Discount to List
$15,000
3.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$432,030
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Closed on
May 1, 2013
Sold by
Han Howard
Bought by
Baik Dana

Purchase Details

Closed on
May 27, 2009
Sold by
Baik Eun Y
Bought by
Baik Dana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,500
Interest Rate
4.78%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 28, 2009
Sold by
Willis Brian
Bought by
Han Howard and Baik Dana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,500
Interest Rate
4.78%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 28, 2003
Sold by
Willis Ella M and Estate Of Elsie M Cosey
Bought by
Willis Ella M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,250
Interest Rate
6.95%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Palma Oscar A -- Western Resources Title
Palma Oscar A -- Western Resources Title
Palma Oscar A $440,000 Chicago Title
Palma Oscar A -- Chicago Title Company
Baik Dana -- None Available
Baik Dana -- Ticor Title Co
Han Howard -- Ticor Title Co
Han Howard $155,000 Ticor Title Co
Willis Ella M -- Commonwealth Land Title Co
Willis Ella M -- Commonwealth Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Palma Oscar A $431,250
Closed Palma Oscar A $432,030
Previous Owner Han Howard $108,500
Previous Owner Willis Ella M $131,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/28/2018 11/28/18 Sold $440,000 +3.5% $370 / Sq Ft
08/15/2018 08/15/18 Pending -- -- --
07/30/2018 07/30/18 Price Changed $425,000 0.0% $358 / Sq Ft
07/30/2018 07/30/18 For Sale $425,000 -3.4% $358 / Sq Ft
07/16/2018 07/16/18 Off Market $440,000 -- --
07/16/2018 07/16/18 For Sale $397,000 -9.8% $334 / Sq Ft
06/02/2018 06/02/18 Off Market $440,000 -- --
06/02/2018 06/02/18 For Sale $397,000 -9.8% $334 / Sq Ft
05/16/2018 05/16/18 Off Market $440,000 -- --
05/16/2018 05/16/18 For Sale $397,000 -9.8% $334 / Sq Ft
04/20/2018 04/20/18 Off Market $440,000 -- --
03/02/2018 03/02/18 For Sale $397,000 -- $334 / 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 $7,338 $525,759 $269,164 $256,595
2024 $7,338 $515,451 $263,887 $251,564
2023 $7,048 $505,345 $258,713 $246,632
2022 $6,728 $495,438 $253,641 $241,797
2021 $6,655 $485,724 $248,668 $237,056
2020 $6,326 $448,800 $244,800 $204,000
2019 $6,093 $440,000 $240,000 $200,000
2018 $4,966 $342,627 $209,271 $133,356
2016 $4,432 $301,103 $158,928 $142,175
2015 $3,928 $259,000 $136,300 $122,700
2014 $3,636 $229,000 $120,500 $108,500
Source: Public Records

Agents Affiliated with this Home

  • U

    Seller's Agent in 2018

    Uriel Estrada

    Executive Bankers Realty

    (562) 458-9215

    1 in this area

    32 Total Sales

    Uriel Estrada
    Section Image

  • C

    Buyer's Agent in 2018

    Carlos Barrios

    Continental Pacific Realty

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW18049333

California Regional Multiple Listing Service (CRMLS)

APN: 6024-020-055

California Los Angeles County Los Angeles 90001

1315 E 76th St, Los Angeles, CA

Not Listed for Sale

MultiFamily

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