NOT LISTED FOR SALE

1838 E 70th St Los Angeles, CA 90001

Estimated Value: $784,000 - $911,000

6 Beds
3 Baths
2,202 Sq Ft
$385/Sq Ft Est. Value

Last Sold October 14, 2016

Last sale price $499,900 $227 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $5,110/month

103 Days on Market

Highlights

  • Property is near public transit
  • Spanish Architecture
  • West Facing Home
  • Linda Esperanza Marquez High A Huntington Park Institute Of Applied Medicine Rated A-
  • Laundry Room
  • Level Lot

About This Home

As of October 2016

Excellent Rental Property Investment Opportunity!!! This charming Spanish Style property consist of three separate homes on a lot and each of them are 2br 1ba with one car garage each. Long driveway with plenty of additional parking. This property has not been on the market since 1974. And well maintained!! Interest rates are great and it's a perfect time to buy and hold for your retirement rental income portfolio. For more information please call listing agent.

Last Agent to Sell the Property

Frank Zuniga

Coldwell Banker Envision License #01034057 Listed on: 07/02/2016

Coldwell Banker Envision

Last Buyer's Agent

Maria Menjivar

4U Realty License #01761847

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1924

Lot Details

  • 6,401 Sq Ft Lot
  • No Common Walls
  • West Facing Home
  • Level Lot

Parking

  • 3 Car Garage
  • Parking Available
  • Three Garage Doors

Home Design

  • 2,202 Sq Ft Home
  • Spanish Architecture
  • Raised Foundation
  • Stucco

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Additional Features

  • Laundry Room
  • Exterior Lighting
  • Property is near public transit
  • Wall Furnace

Listing and Financial Details

  • Tax Lot BIG
  • Assessor Parcel Number 6009028025

Community Details

Overview

  • 4 Buildings
  • 3 Units

Building Details

  • 3 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $750
  • Trash Expense $250
  • Water Sewer Expense $1,440
  • New Taxes Expense $6,237
  • Gross Income $3,275
  • Net Operating Income $37,860

Property Details

Home Type

Multi-Family

Year Built

Built in 1924

Lot Details

0

Parking

3

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Water Sewer Expenses: 1440.00
  • Architectural Style: Spanish
  • Property Type: Residential Income
  • Parcel Number: 6009028025
  • Year Built: 1924
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 227.02

Exterior Features

  • Direction Faces: West
  • Foundation: Raised
  • Pool Private: No
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Covered, Garage - Three Door
  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Sewer Available, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Individual Room
  • Trash Expense: 250.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level, Near Public Transit
  • Lot Size Sq Ft: 6401.00
  • Price Per Lot Square Foot: 78.10

Multi Family

  • Average2 Bed Area: 734
  • Gross Income: 3275.00
  • Gross Scheduled Income: 39300.00
  • Insurance Expense: 750.00
  • Net Operating Income: 37860.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Operating Expense: 1440.00
  • Rent Control: No
  • Total Actual Rent: 3275.00

Tax Info

  • New Taxes Expense: 6237.00
  • Tax Lot: BIG
  • Tax Tract Number: SHARP

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 19, 2025
Sold by
Flores Pablo and Flores Veronica
Bought by
Flores Pablo and Flores Veronica
Current Estimated Value
$848,433

Purchase Details

Closed on
Mar 22, 2018
Sold by
Flores Pablo and Flores Veronica
Bought by
Flores Pablo and Flores Veronica

Purchase Details

Closed on
Jun 20, 2017
Sold by
Flores Pedro and Flores Veronica
Bought by
Flores Pedro and Flores Veronica

Purchase Details

Listed on
Jul 2, 2016
Closed on
Oct 5, 2016
Sold by
Urzua Luis E and Urzua Esperanza
Bought by
Flores Pablo and Flores Veronica
Seller's Agent
Frank Zuniga
Coldwell Banker Envision
Buyer's Agent
Maria Menjivar
4U Realty
List Price
$499,900
Sold Price
$499,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.86%
Original Mortgage
$374,925
Interest Rate
3.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 20, 2005
Sold by
Camba Pablo R and Camba Teresa V
Bought by
Urzua Luis E and Urzua Esperanza
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
Flores Pablo -- None Listed On Document
Flores Pablo -- None Available
Flores Pedro -- None Available
Flores Pablo $500,000 Lawyers Title
Urzua Luis E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Flores Pablo $374,925
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/14/2016 10/14/16 Sold $499,900 0.0% $227 / Sq Ft
09/12/2016 09/12/16 Pending -- -- --
08/08/2016 08/08/16 For Sale $499,900 0.0% $227 / Sq Ft
06/29/2016 06/29/16 Off Market $499,900 -- --
06/01/2016 06/01/16 For Sale $499,900 -- $227 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $8,450 $570,046 $222,044 $348,002
2024 $8,450 $558,870 $217,691 $341,179
2023 $8,062 $547,913 $213,423 $334,490
2022 $7,713 $537,171 $209,239 $327,932
2021 $7,626 $526,639 $205,137 $321,502
2020 $7,678 $521,240 $203,034 $318,206
2019 $7,406 $511,020 $199,053 $311,967
2018 $7,249 $501,000 $195,150 $305,850
2017 $120 $500,000 $325,000 $175,000
2016 $3,920 $229,919 $74,517 $155,402
2015 $3,867 $226,466 $73,398 $153,068
2014 $3,874 $222,031 $71,961 $150,070
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW16117482

California Regional Multiple Listing Service (CRMLS)

APN: 6009-028-025