NOT LISTED FOR SALE

1703 E 71st St Los Angeles, CA 90001

Estimated Value: $547,000 - $691,000

3 Beds
3 Baths
1,500 Sq Ft
$414/Sq Ft Est. Value

Last Sold March 01, 2016

Last sale price $290,000 $193 Per Sq Ft

Est. 114% increase in value since last sale

Current estimated payment $3,872/month

15 Days on Market

Highlights

  • Property is near public transit
  • Traditional Architecture
  • Back and Front Yard
  • Linda Esperanza Marquez High School Rated A-
  • Fenced Yard
  • 1-Story Property

About This Home

As of March 2016

Great opportunity for an owner-user or investor to own these three units in the Florence-Graham neighborhood of Los Angeles. This triplex is located on a cul-de-sac, very close to public transportation, schools, Franklin D. Roosevelt Park, shops, and restaurants. The Florence Blue Line Station is only a block away and allows quick and easy access to Downtown L.A. and the Metro Rail hub! The main building includes a 2 bedroom, 1 bath unit in the front and a 1 bedroom, 1 bath unit in the back. The rear building features a studio unit, converted from a garage during a previous ownership. Property is located in Los Angeles County, not in City of Los Angeles, so it is not subject to rent control. Current owner has not raised rents consistently, so have some long term tenants with below market rents. Tremendous value to keep occupied and have it pay for itself, or make improvements and raise rents for greater potential upside, or owner occupy and rent out the units to subsidize the mortgage.

Last Agent to Sell the Property

James Pelayo

Keller Williams Hollywood Hills License #01440670 Listed on: 10/12/2015

Keller Williams Hollywood Hills

Last Buyer's Agent

Jorge Reyes

DILIGENCE GROUP, INC. License #01387813

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,233

Year Built

  • Built in 1945

Lot Details

  • 4,424 Sq Ft Lot
  • Fenced Yard
  • Fenced
  • Back and Front Yard

Parking

  • On-Street Parking

Home Design

  • Triplex
  • Traditional Architecture
  • Stucco

Interior Spaces

  • 1,500 Sq Ft Home
  • 1-Story Property
  • Oven or Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Location

  • Property is near public transit

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window

Community Details

  • 2 Buildings
  • 3 Units

Listing and Financial Details

  • The owner pays for electricity, gas, water
  • Assessor Parcel Number 6009-028-020

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,233

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: Traditional
  • Levels: One
  • Street Number Display: Yes
  • Living Area: 1500
  • Stories: 1
  • Year Built: 1945
  • Number Of Photos: 3
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 3
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Range/Oven, Refrigerator
  • Price Per S Q F T: 186.00

Exterior Features

  • Construction: Stucco
  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Parking Garage: On street

Utilities

  • Cooling: Wall/Window
  • Heating: Wall

Lot Info

  • Assessed Improvement Value: 78575
  • Assessed Land Value: 50688
  • Assessor Parcel Number: 6009-028-020
  • Geocode Override: No
  • Lot Description: Back Yard, Fenced, Fenced Yard, Front Yard
  • Lot Location: Near Public Transit, Park Nearby
  • Lot Size Area: 4424

Rental Info

  • Total Actual Rent: 21900.00
  • Owner Pays: Electricity, Gas, Water

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 12.74
  • Number Of Units: 3
  • Rent Control: 0
  • Total Annual Expense: 5528
  • Type Of Units: Triplex
  • Vacancy Rate: .04

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 10, 2015
Sold by
Peralta Lucia and The Lucia Peralta Living Trust
Bought by
Monroy Rocio Garcia and Garcia Yolanda
Current Estimated Value
$620,293

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,747
Interest Rate
4.37%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 15, 2007
Sold by
Peralta Lucia
Bought by
Peralta Lucia and Lucia Peralta Living Trust
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Monroy Rocio Garcia $290,000 Fidelity Sherman Oaks
Peralta Lucia -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garcia Yolanda $135,000
Previous Owner Monroy Rocio Garcia $284,747
Previous Owner Peralta Lucia $95,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/01/2016 03/01/16 Sold $290,000 +3.9% $193 / Sq Ft
10/27/2015 10/27/15 Pending -- -- --
10/12/2015 10/12/15 For Sale $279,000 -- $186 / 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
2024 $5,233 $336,563 $218,188 $118,375
2023 $4,982 $329,964 $213,910 $116,054
2022 $4,769 $323,495 $209,716 $113,779
2021 $4,716 $317,153 $205,604 $111,549
2020 $4,746 $313,902 $203,496 $110,406
2019 $4,581 $307,748 $199,506 $108,242
2018 $4,484 $301,715 $195,595 $106,120
2016 $2,442 $131,233 $51,460 $79,773
2015 $2,411 $129,263 $50,688 $78,575
2014 $2,417 $126,732 $49,696 $77,036
Source: Public Records

Agents Affiliated with this Home

  • James Pelayo

    Seller's Agent in 2016

    James Pelayo

    Keller Williams Hollywood Hills

    (310) 623-1300

    10 Total Sales

    James Pelayo
    Section Image

  • J

    Buyer's Agent in 2016

    Jorge Reyes

    DILIGENCE GROUP, INC.

See All Agents

Map

Source: The MLS

MLS Number: 15-949621

The MLS

APN: 6009-028-020

California Los Angeles County Los Angeles 90001

1703 E 71st St, Los Angeles, CA

This home is located at 1703 E 71st St, Los Angeles, CA 90001 since 12 October 2015 and is currently estimated at $620,293, approximately $413 per square foot. This property was built in 1945. 1703 E 71st St is a home located in Los Angeles County with nearby schools including Florence Avenue Elementary School, Thomas A. Edison Middle School, and Linda Esperanza Marquez High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

Nearby Homes