1739 E 71st St Los Angeles, CA 90001
Estimated Value: $824,000 - $982,000
7
Beds
4
Baths
2,729
Sq Ft
$333/Sq Ft
Est. Value
Highlights
- No HOA
- Cul-De-Sac
- Laundry Room
- Linda Esperanza Marquez High School Rated A-
- Cooling System Mounted To A Wall/Window
- Floor Furnace
About This Home
As of September 2012Nice investment opportunity. 3 dwellings on one lot as 2 SFR's and a Duplex (upstairs/downstairs). Many upgrades and remodeling over the years by same owner. Please drive by but do not disturb long time tenants. Rents are currently below market but can easily be brought up to market rents. Close to schools and shopping with easy access to Metro Los Angeles areas. Address is 1739 - 1741 East 71st Street, Los Angeles. Walking distance to transportation, Great Location, New Roofs all units, Some repairs just completed. Bring all offers, Seller Motivated. Make Buyers aware that seller may be participating in 1031 Tax Deferred Exchange. See Supplemental: Last Bank Appraisal $600,000 in 2007. This is a standard sale. Fast response on your offers!
Upstairs tenant just vacated over weekend. 1 Unit avail for future tenant or can be occupied by new owner. All rents or month to month.
Last Agent to Sell the Property
Richard Kuan
NextHome Bella Properties License #01008447 Listed on: 06/18/2012
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,550
Year Built
- Built in 1962
Lot Details
- 7,339 Sq Ft Lot
- Cul-De-Sac
Home Design
- Frame Construction
- Composition Roof
- Wood Siding
- Stucco
Interior Spaces
- 2,729 Sq Ft Home
- Carpet
Bedrooms and Bathrooms
- 7 Bedrooms
- 4 Bathrooms
Laundry
- Laundry Room
- Gas And Electric Dryer Hookup
Parking
- 16 Parking Spaces
- Parking Available
- Unassigned Parking
Utilities
- Cooling System Mounted To A Wall/Window
- Floor Furnace
Listing and Financial Details
- Tenant pays for cable TV, electricity, gas
- Tax Lot 13
- Tax Tract Number 5330
- Assessor Parcel Number 6009028012
Community Details
Overview
- No Home Owners Association
- 3 Buildings
- 4 Units
Building Details
- 4 Leased Units
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Gardener Expense $720
- Insurance Expense $800
- Trash Expense $600
- Water Sewer Expense $3,000
- New Taxes Expense $4,600
- Gross Income $3,080
- Net Operating Income $26,960
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jun 25, 2012
Sold by
Culp Verna and The Elven & Verna Culp Revocab
Bought by
Vasquez Gilberto and Vasquez Lourdes
Total Days on Market
0
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Interest Rate
3.47%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 14, 2009
Sold by
Culp Verna
Bought by
Culp Verna and Culp Elven
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,200
Interest Rate
5.18%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 5, 1996
Sold by
Culp Elven and Culp Verna
Bought by
The Elven & Verna Culp Revocable Living
Similar Homes in Los Angeles, CA
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Vasquez Gilberto | $360,000 | Lawyers Title Sd | |
| Culp Verna | -- | American Coast Title Company | |
| Culp Verna | -- | American Coast Title Company | |
| The Elven & Verna Culp Revocable Living | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Vasquez Gilberto | $252,000 | |
| Previous Owner | Culp Verna | $163,200 | |
| Previous Owner | Culp Elven | $125,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/05/2012 09/05/12 | Sold | $360,000 | -- | $132 / Sq Ft |
| 06/18/2012 06/18/12 | Pending | -- | -- | -- |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $7,550 | $434,614 | $241,453 | $193,161 |
| 2023 | $7,101 | $426,093 | $236,719 | $189,374 |
| 2022 | $6,824 | $417,739 | $232,078 | $185,661 |
| 2021 | $6,744 | $409,549 | $227,528 | $182,021 |
| 2020 | $6,783 | $405,350 | $225,195 | $180,155 |
| 2019 | $6,566 | $397,403 | $220,780 | $176,623 |
| 2018 | $6,363 | $389,611 | $216,451 | $173,160 |
| 2016 | $6,101 | $374,484 | $208,047 | $166,437 |
| 2015 | $6,017 | $368,859 | $204,922 | $163,937 |
| 2014 | $6,028 | $361,634 | $200,908 | $160,726 |
Source: Public Records
Agents Affiliated with this Home
-
R
Seller's Agent in 2012
Richard Kuan
NextHome Bella Properties
-
Nellie Nungaray
Buyer's Agent in 2012
Nellie Nungaray
Realty One Group West
(949) 233-6956
14 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: F12066977
APN: 6009-028-012
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