NOT LISTED FOR SALE

1600 W 71st St Los Angeles, CA 90047

Harvard Park Neighborhood

Estimated Value: $711,000 - $868,000

5 Beds
3 Baths
1,896 Sq Ft
$407/Sq Ft Est. Value

Last Sold November 13, 2020

Last sale price $600,000 $316 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $4,856/month

9 Days on Market

About This Home

As of November 2020

Investment opportunity! Two unit property. Spacious two bedroom and one bathroom on second level. Three bedroom and two bathroom on bottom level. Great location close to schools, public transportation, shopping, and freeway access. Please do not disturb tenants. In addition,"property is tenant occupied and will be sold subject to tenant rights" it will not be delivered empty.

Last Agent to Sell the Property

Malik Chaka

Pacific Playa Realty License #01712360 Listed on: 08/11/2020

Pacific Playa Realty

Last Buyer's Agent

Malik Chaka

Pacific Playa Realty License #01712360 Listed on: 08/11/2020

Pacific Playa Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,947

Year Built

  • Built in 1923

Lot Details

  • 3,602 Sq Ft Lot
  • Lot Dimensions are 34x107

Home Design

  • Duplex

Interior Spaces

  • 1,896 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Parking

  • 3 Parking Spaces
  • Driveway

Utilities

  • Heating System Mounted To A Wall or Window

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 6015-035-027

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,947

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 1896
  • Lot Acreage: 0.0827
  • Lot Dimensions: 34x107
  • Stories: 2
  • Year Built: 1923
  • Number Of Photos: 7
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 5
  • Total Bathrooms: 3.00
  • Equipment: Ceiling Fan
  • Price Per S Q F T: 303.27

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Driveway
  • Total Parking: 3

Utilities

  • Cooling: Ceiling Fan
  • Heating: Wall Gas
  • Water Heaters: Yes

Lot Info

  • Assessed Improvement Percent: 85.88
  • Assessed Improvement Value: 124421
  • Assessed Land Percent: 14.12
  • Assessed Land Value: 20464
  • Total Assessed Value: 144885
  • Assessor Parcel Number: 6015-035-027
  • Lot Size Area: 3602

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 15.89
  • Number Of Units: 2
  • Total Annual Expense: 21560
  • Type Of Units: Duplex
  • Vacancy Rate: 5 %

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 11, 2020
Closed on
Sep 14, 2020
Sold by
Greene Jesse L
Bought by
Adams Bridgette
Seller's Agent
Malik Chaka
Pacific Playa Realty
Buyer's Agent
Malik Chaka
Pacific Playa Realty
List Price
$575,000
Sold Price
$600,000
Premium/Discount to List
$25,000
4.35%
Current Estimated Value
$771,191

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$171,191
Avg. Annual Appreciation
5.04%
Original Mortgage
$589,132
Interest Rate
2.8%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Adams Bridgette $600,000 Fidelity National Ttl Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Adams Bridgette $24,226
Previous Owner Adams Bridgette $589,132
Previous Owner Greene Jesse L $397,000
Previous Owner Greene Jesse L $381,500
Previous Owner Greene Jesse L $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/13/2020 11/13/20 Sold $600,000 +4.3% $316 / Sq Ft
08/20/2020 08/20/20 Pending -- -- --
08/11/2020 08/11/20 For Sale $575,000 -- $303 / Sq Ft
Source: The MLS

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 $7,947 $649,456 $389,674 $259,782
2024 $7,947 $636,723 $382,034 $254,689
2023 $7,799 $624,240 $374,544 $249,696
2022 $7,444 $612,000 $367,200 $244,800
2021 $7,345 $600,000 $360,000 $240,000
2019 $2,061 $150,737 $21,290 $129,447
2018 $1,983 $147,782 $20,873 $126,909
2016 $1,881 $142,045 $20,063 $121,982
2015 $1,855 $139,912 $19,762 $120,150
2014 $1,876 $137,172 $19,375 $117,797
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2020

    Malik Chaka

    Pacific Playa Realty

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Map

Source: The MLS

MLS Number: 20-617170

The MLS

APN: 6015-035-027

California Los Angeles County Los Angeles 90047 Harvard Park

1600 W 71st St, Los Angeles, CA

This home is located at 1600 W 71st St, Los Angeles, CA 90047 since 11 August 2020 and is currently estimated at $771,191, approximately $406 per square foot. This property was built in 1923. 1600 W 71st St is a home located in Los Angeles County with nearby schools including Raymond Avenue Elementary School, Horace Mann Ucla Community, and Augustus F. Hawkins High A Critical Design And Gaming.

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