NOT LISTED FOR SALE

1401 E 78th St Los Angeles, CA 90001

3 Beds
2 Baths
2,871 Sq Ft
7,283 Sq Ft Lot

Last Sold July 11, 2013

Last sale price $400,500 $139 Per Sq Ft

12 Days on Market

About This Home

As of July 2013

5 units in very desirable LA non rent control area. Great Value added opportunity. SFR plus fourplex on a 7475 sqft lot. All occupied with Low rents.
(non Rent Control). 4(1bedroom) and 1(2bedroom). No Garage. Corner Lot. Residential Area.

Last Agent to Sell the Property

Julio Juarez

Keller Williams Pacific Estates Cerritos License #01210061 Listed on: 06/13/2013

Keller Williams Pacific Estates Cerritos

Last Buyer's Agent

Julius Ward

401K Realty License #01394172

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1922

Lot Details

  • 7,283 Sq Ft Lot
  • Two or More Common Walls
  • Front Yard

Parking

  • 4 Parking Spaces

Home Design

  • 2,871 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Location

  • Urban Location

Listing and Financial Details

  • Tax Lot 108
  • Tax Tract Number 108
  • Assessor Parcel Number 6021008023

Community Details

Overview

  • 2 Buildings
  • 5 Units

Building Details

  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 2 Separate Water Meters
  • Professional Management Expense $3,500
  • Water Sewer Expense $190
  • New Taxes Expense $4,375
  • Gross Income $26,400
  • Net Operating Income $24,120

Property Details

Home Type

Multi-Family

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Assessments: No
  • Professional Management Expense: 3500.00
  • Property Attached: Yes
  • Water Sewer Expenses: 190.00
  • Property Type: Residential Income
  • Parcel Number: 6021008023
  • Year Built: 1922
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 139.50

Exterior Features

  • Pool Private: No

Garage/Parking

  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Connected
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Urban

Lot Info

  • Lot Features: Front Yard
  • Lot Size Sq Ft: 7283.00
  • Lot Size Acres: 0.1670

Multi Family

  • Gross Income: 26400.00
  • Gross Scheduled Income: 26400.00
  • Lot Size Area: 7283.0000 Square Feet
  • Net Operating Income: 24120.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 5
  • Operating Expense: 2280.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 4375.00
  • Tax Lot: 108
  • Tax Tract Number: 108
  • Tax Year: 2012

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

Property History

Date Event Price List to Sale Price per Sq Ft
07/11/2013 07/11/13 Sold $400,500 +14.4% $139 / Sq Ft
06/25/2013 06/25/13 Pending -- -- --
06/13/2013 06/13/13 For Sale $350,000 -- $122 / 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 $8,486 $490,945 $281,941 $209,004
2024 $8,486 $481,319 $276,413 $204,906
2023 $9,818 $600,163 $374,497 $225,666
2022 $7,987 $462,631 $265,681 $196,950
2021 $7,900 $453,561 $260,472 $193,089
2020 $7,943 $448,912 $257,802 $191,110
2019 $7,701 $440,111 $252,748 $187,363
2018 $7,567 $431,483 $247,793 $183,690
2016 $7,231 $414,730 $238,172 $176,558
2015 $7,136 $408,501 $234,595 $173,906
2014 $7,151 $400,500 $230,000 $170,500
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2013

    Julio Juarez

    Keller Williams Pacific Estates Cerritos

    Section Image

  • J

    Buyer's Agent in 2013

    Julius Ward

    401K Realty

    (310) 562-2361

    7 Total Sales

    Julius Ward
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW13113315

California Regional Multiple Listing Service (CRMLS)
California Los Angeles County Los Angeles 90001

1401 E 78th St, Los Angeles, CA

Not Listed for Sale

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.

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