$589,000
SOLD FEB 18, 2025

134 E 71st St Los Angeles, CA 90003

Florence Neighborhood
3 Beds
2 Baths
1,421 Sq Ft
5,102 Sq Ft Lot

Recently Sold

$414 Per Sq Ft

3% Below List Price

44 Days on Market

Highlights

  • Laundry Room
  • Rectangular Lot
  • 1-Story Property

About This Home

As of February 2025

Two separate houses!!! The property consists of 2 separate homes on the lot: 2 bed 1 bath unit and A cozy 1-bedroom, 1-bathroom unit with a flexible layout. A unique feature of this unit is the adjacent storage room, which can easily be converted into a second bedroom or home office. It is within close proximity to transit, dining, convenient stores, and entertainment. Centrally located in a neighborhood just a few miles away from the entertainment area of USC and Downtown Los Angeles. This will make a great addition to your rental portfolio. Broker/agent does not guarantee accuracy of square footage, lot size, ordinances, zoning, rent control, permits, school district and other information concerning the condition or features of the property. Buyer/agent are advised to verify the accuracy of all information.

Last Agent to Sell the Property

Nino Fragoso

The Real Estate Solution Brokerage Phone: 562-618-8950 License #01169109 Listed on: 11/21/2024

Last Buyer's Agent

ROBERT TERRAZAS

Prevail Realty Group, Inc. License #01446264

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1947

Lot Details

  • 5,102 Sq Ft Lot
  • No Common Walls
  • Rectangular Lot
  • Level Lot

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Entry on the 1st floor

Interior Spaces

  • 1,421 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Washer Hookup

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 43
  • Assessor Parcel Number 6011007032
  • $318 per year additional tax assessments

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Net Operating Income $36,611

Property Details

Home Type

Multi-Family

Year Built

Built in 1947

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Zoning: LAR2
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 6011007032
  • Year Built: 1947
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 414.50

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Rectangular Lot, Level
  • Lot Size Sq Ft: 5102.00
  • Lot Size Acres: 0.1171

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Scheduled Income: 36610.50
  • Lot Size Area: 5102.0000 Square Feet
  • Net Operating Income: 36610.56
  • 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: Yes

Tax Info

  • Tax Census Tract: 2393.20
  • Tax Lot: 43
  • Tax Tract Number: 0000
  • TaxOtherAnnualAssessmentAmount: 318.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 21, 2024
Closed on
Feb 11, 2025
Sold by
Gudino Maria Elda
Bought by
Rios Celestino Gudino
Seller's Agent
Nino Fragoso
The Real Estate Solution
Buyer's Agent
ROBERT TERRAZAS
Prevail Realty Group, Inc.
List Price
$609,900
Sold Price
$589,000
Premium/Discount to List
-$20,900
-3.43%
Views
85
Current Estimated Value
$603,676

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,676
Avg. Annual Appreciation
2.65%
Original Mortgage
$441,750
Outstanding Balance
$438,741
Interest Rate
6.91%
Mortgage Type
New Conventional
Estimated Equity
$164,935

Purchase Details

Listed on
Nov 21, 2024
Closed on
Jan 8, 2025
Sold by
Daniel And Norma Weekes Family Trust and Weekes Daniel J
Bought by
Rios Celestino Gudino
Seller's Agent
Nino Fragoso
The Real Estate Solution
Buyer's Agent
ROBERT TERRAZAS
Prevail Realty Group, Inc.
List Price
$609,900
Sold Price
$589,000
Premium/Discount to List
-$20,900
-3.43%
Views
85

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$441,750
Outstanding Balance
$438,741
Interest Rate
6.91%
Mortgage Type
New Conventional
Estimated Equity
$164,935

Purchase Details

Closed on
Feb 8, 2024
Sold by
Weekes Daniel and Weekes Norma
Bought by
Daniel And Norma Weekes Family Trust and Weekes

Purchase Details

Closed on
Jan 10, 2013
Sold by
Abw Holdings Inc
Bought by
Weekes Daniel and Weekes Norma

Purchase Details

Closed on
Aug 24, 2011
Sold by
Rockwell Valera
Bought by
Abw Holdings Inc

Purchase Details

Closed on
Sep 14, 2004
Sold by
Sanders Tanganyika
Bought by
Rockwell Valera

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
6.05%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 13, 2001
Sold by
Jackson Joe B
Bought by
Sanders Tanganyika
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 Type Sale Price Title Company
Grant Deed -- Wfg National Title
Grant Deed $589,000 Wfg National Title
Deed -- None Listed On Document
Grant Deed -- None Available
Grant Deed $125,000 Lsi Title Company
Grant Deed $262,500 Commonwealth Title
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $441,750 New Conventional
Previous Owner $210,000 Purchase Money Mortgage
Closed $52,500 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/18/2025 02/18/25 Sold $589,000 0.0% $414 / Sq Ft
11/29/2024 11/29/24 Price Changed $589,000 -3.4% $414 / Sq Ft
11/21/2024 11/21/24 For Sale $609,900 -- $429 / 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 $3,041 $231,494 $184,707 $46,787
2024 $3,041 $226,956 $181,086 $45,870
2023 $2,987 $222,507 $177,536 $44,971
2022 $2,855 $218,145 $174,055 $44,090
2021 $2,815 $213,869 $170,643 $43,226
2020 $2,839 $211,677 $168,894 $42,783
2019 $2,736 $207,528 $165,583 $41,945
2018 $2,653 $203,460 $162,337 $41,123
2016 $2,526 $195,561 $156,034 $39,527
2015 $2,491 $192,625 $153,691 $38,934
2014 $2,512 $188,853 $150,681 $38,172
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2025

    Nino Fragoso

    The Real Estate Solution

    (562) 618-8950

    1 in this area

    19 Total Sales

    Nino Fragoso
    Section Image
  • ROBERT TERRAZAS

    Buyer's Agent in 2025

    ROBERT TERRAZAS

    Prevail Realty Group, Inc.

    (323) 321-3847

    1 in this area

    42 Total Sales

    ROBERT TERRAZAS
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW24238223

California Regional Multiple Listing Service (CRMLS)

APN: 6011-007-032

California Los Angeles County Los Angeles 90003 Florence

134 E 71st St, Los Angeles, CA

Sold

MultiFamily

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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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