NOT LISTED FOR SALE

1935 E 78th St Los Angeles, CA 90001

Estimated Value: $595,000 - $748,893

5 Beds
4 Baths
1,528 Sq Ft
$431/Sq Ft Est. Value

Last Sold July 19, 2022

Last sale price $525,000 $344 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $4,297/month

Highlights

  • Park
  • Linda Esperanza Marquez High School Rated A-
  • Laundry Room

About This Home

As of July 2022

Attention investors cash flow, cash flow, 2 units front house 3 Br 2 bath back house 2 Br total monthly rent $4460 long time good tenants 10+ years
Property will be sold with tenants

Last Agent to Sell the Property

Hector Gonzalez

Century 21 A Better Service License #01259959 Listed on: 06/23/2022

Century 21 A Better Service

Last Buyer's Agent

Hector Gonzalez

Century 21 A Better Service License #01259959 Listed on: 06/23/2022

Century 21 A Better Service

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,681

Year Built

  • Built in 1948

Lot Details

  • 8,201 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage

Home Design

  • 1,528 Sq Ft Home

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Kitchen

Listing and Financial Details

  • Tax Lot 38
  • Tax Tract Number 6025
  • Assessor Parcel Number 6025020020
  • $1,120 per year additional tax assessments

Community Details

Overview

  • 2 Buildings
  • 2 Units

Recreation

  • Park

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $1,800
  • Insurance Expense $1,500
  • Water Sewer Expense $1,200
  • Operating Expense $4,500
  • Gross Income $53,520
  • Net Operating Income $51,120

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,681

Year Built

Built in 1948

Lot Details

0

Parking

2

Listing Details

  • Price Per Unit: 275000
  • Property Attached: No
  • Water Sewer Expenses: 1200.00
  • Zoning: LCR3*
  • Property Type: Residential Income
  • Parcel Number: 6025020020
  • Year Built: 1948
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 343.59

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: In Kitchen
  • Sewer: Other
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Park

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 8201.00
  • Lot Size Acres: 0.1883

Multi Family

  • Electric Expense: 1800.00
  • Gross Income: 53520.00
  • Gross Scheduled Income: 53520.00
  • Insurance Expense: 1500.00
  • Lot Size Area: 8201.0000 Square Feet
  • Net Operating Income: 51120.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Number Wall A C: 2
  • Operating Expense: 2400.00
  • Rent Control: Yes
  • Total Expenses: 4500.00

Tax Info

  • Tax Census Tract: 5349.00
  • Tax Lot: 38
  • Tax Tract Number: 6025
  • TaxOtherAnnualAssessmentAmount: 1120.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 26, 2023
Sold by
Serrano Miriam
Bought by
Holdings By Zoe Llc
Current Estimated Value
$667,958

Purchase Details

Listed on
Jun 23, 2022
Closed on
Jun 30, 2022
Sold by
Lauro Gaxiola
Bought by
Hermosillo Miriam Serrano
Seller's Agent
Hector Gonzalez
Century 21 A Better Service
Buyer's Agent
Hector Gonzalez
Century 21 A Better Service
List Price
$550,000
Sold Price
$525,000
Premium/Discount to List
-$25,000
-4.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.46%
Original Mortgage
$471,250
Interest Rate
5.09%
Mortgage Type
Construction

Purchase Details

Closed on
Nov 12, 1999
Sold by
Gaxiola Rafael
Bought by
Gaxiola Lauro

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.55%
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
Holdings By Zoe Llc -- None Listed On Document
Hermosillo Miriam Serrano $525,000 Wfg National Title Insurance C
Gaxiola Lauro -- United Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hermosillo Miriam Serrano $471,250
Previous Owner Gaxiola Lauro $277,000
Previous Owner Gaxiola Lauro $275,000
Previous Owner Gaxiola Lauro $42,000
Previous Owner Gaxiola Lauro $190,000
Previous Owner Gaxiola Lauro $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/19/2022 07/19/22 Sold $525,000 -4.5% $344 / Sq Ft
06/23/2022 06/23/22 Pending -- -- --
06/23/2022 06/23/22 For Sale $550,000 -- $360 / 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 $7,681 $673,200 $428,400 $244,800
2024 $7,681 $535,500 $382,500 $153,000
2023 $7,386 $525,000 $375,000 $150,000
2022 $2,943 $164,113 $91,144 $72,969
2021 $2,906 $160,896 $89,357 $71,539
2020 $2,917 $159,247 $88,441 $70,806
2019 $2,831 $156,125 $86,707 $69,418
2018 $2,696 $153,064 $85,007 $68,057
2016 $2,579 $147,122 $81,707 $65,415
2015 $2,544 $144,913 $80,480 $64,433
2014 $2,550 $142,075 $78,904 $63,171
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW22137526

California Regional Multiple Listing Service (CRMLS)

APN: 6025-020-020