NOT LISTED FOR SALE

157 E 75th St Los Angeles, CA 90003

Florence Neighborhood

Estimated Value: $631,000 - $807,000

5 Beds
3 Baths
1,320 Sq Ft
$535/Sq Ft Est. Value

Last Sold September 24, 2015

Last sale price $357,000 $270 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $4,140/month

40 Days on Market

About This Home

As of September 2015

This property consist of 3 bedrooms/one bath room front house and 2 bedroom and one bath room back unit. (Title shows 2/1 and 1/1.) Two car detached garage and a long driveway for parking, gated front yard, near schools, transportation and the 110 freeway. Buyers and buyer's agent to verify the entire condition of this property on their own and must satisfy themselves as to all the aspects of this property.

Last Agent to Sell the Property

Luis Flores

The Real Estate Solution License #01379309 Listed on: 05/21/2015

Last Buyer's Agent

GUILLERMO MAYNETTO

R.T.M. GROUP License #00098843

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1933

Lot Details

  • 5,772 Sq Ft Lot
  • No Common Walls
  • Front Yard

Parking

  • 2 Car Garage

Home Design

  • 1,320 Sq Ft Home

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Additional Features

  • Exterior Lighting
  • Urban Location

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 69
  • Tax Tract Number 4219
  • Assessor Parcel Number 6022003038

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,200
  • Trash Expense $360
  • Water Sewer Expense $1,200
  • New Taxes Expense $4,125
  • Gross Income $2,205
  • Net Operating Income $24,600

Property Details

Home Type

Multi-Family

Year Built

Built in 1933

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Water Sewer Expenses: 1200.00
  • Property Type: Residential Income
  • Parcel Number: 6022003038
  • Year Built: 1933
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 270.45

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Available
  • Trash Expense: 360.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights, Storm Drains, Urban

Lot Info

  • Lot Features: Front Yard
  • Lot Size Sq Ft: 5772.00
  • Price Per Lot Square Foot: 61.85
  • Lot Size Acres: 0.1330

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Income: 2205.00
  • Gross Scheduled Income: 26460.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 5772.0000 Square Feet
  • Net Operating Income: 24600.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 2400.00
  • Rent Control: Yes

Tax Info

  • New Taxes Expense: 4125.00
  • Tax Lot: 69
  • Tax Tract Number: 4219
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 7, 2018
Sold by
Navarro Sabastian
Bought by
Navarro Sabastian and Gutierrez Gloria A Montes De Oca
Current Estimated Value
$705,710

Purchase Details

Listed on
May 21, 2015
Closed on
Oct 1, 2015
Sold by
Navarro Sebastian and Herrington Rosina
Bought by
Navarro Sebastian
Seller's Agent
Luis Flores
The Real Estate Solution
Buyer's Agent
GUILLERMO MAYNETTO
R.T.M. GROUP
List Price
$329,900
Sold Price
$357,000
Premium/Discount to List
$27,100
8.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.87%
Original Mortgage
$345,085
Outstanding Balance
$265,942
Interest Rate
3.37%
Mortgage Type
FHA
Estimated Equity
$439,768

Purchase Details

Listed on
May 21, 2015
Closed on
Sep 17, 2015
Sold by
Reliable Risk Management Crop
Bought by
Navarro Sebastian and Herrington Rosina
Seller's Agent
Luis Flores
The Real Estate Solution
Buyer's Agent
GUILLERMO MAYNETTO
R.T.M. GROUP
List Price
$329,900
Sold Price
$357,000
Premium/Discount to List
$27,100
8.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$345,085
Outstanding Balance
$265,942
Interest Rate
3.37%
Mortgage Type
FHA
Estimated Equity
$439,768

Purchase Details

Closed on
May 8, 2008
Sold by
Us Bank Na
Bought by
Reliable Risk Management Corp

Purchase Details

Closed on
Apr 7, 2008
Sold by
Vega Jorge and Vega Idala
Bought by
Us Bank Na

Purchase Details

Closed on
Feb 15, 2006
Sold by
Vega Jorge A and Vega Idalia
Bought by
Trujillo Rogelio

Purchase Details

Closed on
Nov 3, 2005
Sold by
Alvarado Gladys and Alvarado Gladys E
Bought by
Vega Jorge and Vega Idalia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$367,200
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 20, 2003
Sold by
Alvarado Rene Alberto and Alvarado Gladys E
Bought by
Alvarado Gladys E
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
Navarro Sabastian -- None Available
Navarro Sebastian -- None Available
Navarro Sebastian $357,000 Lawyers Title
Reliable Risk Management Corp $250,000 First American Title Ins Co
Us Bank Na $392,778 Lsi Title Company Ca
Trujillo Rogelio -- None Available
Vega Jorge $459,000 First American Title Ins Co
Alvarado Gladys E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Navarro Sebastian $345,085
Previous Owner Vega Jorge $367,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/24/2015 09/24/15 Sold $357,000 +8.2% $270 / Sq Ft
06/30/2015 06/30/15 Pending -- -- --
05/21/2015 05/21/15 For Sale $329,900 -- $250 / 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 $5,314 $422,609 $313,704 $108,905
2024 $5,314 $414,323 $307,553 $106,770
2023 $5,216 $406,200 $301,523 $104,677
2022 $4,979 $398,236 $295,611 $102,625
2021 $4,916 $390,428 $289,815 $100,613
2020 $4,963 $386,426 $286,844 $99,582
2019 $4,774 $378,850 $281,220 $97,630
2018 $4,657 $371,422 $275,706 $95,716
2017 $4,555 $364,140 $270,300 $93,840
2016 $4,803 $357,000 $265,000 $92,000
2015 $3,505 $278,000 $206,500 $71,500
2014 $2,912 $222,000 $164,900 $57,100
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2015

    Luis Flores

    The Real Estate Solution

    (562) 209-2236

    12 Total Sales

    Luis Flores
    Section Image

  • G

    Buyer's Agent in 2015

    GUILLERMO MAYNETTO

    R.T.M. GROUP

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS15109916

California Regional Multiple Listing Service (CRMLS)

APN: 6022-003-038

California Los Angeles County Los Angeles 90003 Florence

157 E 75th St, Los Angeles, CA

Not Listed for Sale

MultiFamily

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