NOT LISTED FOR SALE

2038 E 76th St Los Angeles, CA 90001

Estimated Value: $575,000 - $660,000

4 Beds
3 Baths
1,836 Sq Ft
$340/Sq Ft Est. Value

Last Sold September 12, 2023

Last sale price $550,000 $300 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $4,155/month

75 Days on Market

Highlights

  • Laundry Room
  • Chain Link Fence
  • 1-Story Property
  • Linda Esperanza Marquez High School Rated A-

About This Home

As of September 2023

Great investment opportunity located in unincorporated Los Angeles County. Three units with plenty of parking on property. The front unit features 2 bedrooms and 1 bathroom. The rear two units are 1 bedroom 1 bath each. All units have their own electric and gas meters. All units are currently rented to great tenants with good payment history.

Last Agent to Sell the Property

Julieta Sandoval

National Homes And Investments License #01400926 Listed on: 05/12/2023

Last Buyer's Agent

Rudy Sandoval

Excellence RE Real Estate License #01483087

Excellence RE Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,318

Year Built

  • Built in 1923

Lot Details

  • 6,412 Sq Ft Lot
  • 1 Common Wall
  • Chain Link Fence
  • Density is up to 1 Unit/Acre

Parking

  • 8 Parking Spaces

Home Design

  • Triplex
  • Composition Roof

Interior Spaces

  • 1,836 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Listing and Financial Details

  • Tax Lot 64
  • Tax Tract Number 5349
  • Assessor Parcel Number 6025018011
  • $1,512 per year additional tax assessments

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $840
  • Insurance Expense $1,256
  • Trash Expense $540
  • Water Sewer Expense $2,287
  • New Taxes Expense $2,011
  • Operating Expense $6,094
  • Gross Income $40,740
  • Net Operating Income $34,646

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,318

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Price Per Unit: 199667
  • Property Attached: Yes
  • Water Sewer Expenses: 2287.00
  • Zoning: LCR3*
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Gardener Expense: 840.00
  • Parcel Number: 6025018011
  • Year Built: 1923
  • Special Features: None

Interior Features

  • Stories: 1
  • Entry Location: Ground
  • Common Walls: 1 Common Wall
  • Entry Level: 1
  • Price Per Square Foot: 299.56
  • Room Type: All Bedrooms Down

Exterior Features

  • Fence: Yes
  • Fencing: Chain Link
  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Total Parking Spaces: 8.00

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Trash Expense: 540.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6412.00
  • Lot Size Acres: 0.1472

Multi Family

  • Gross Income: 40740.00
  • Gross Scheduled Income: 40740.00
  • Insurance Expense: 1256.00
  • Lot Size Area: 6412.0000 Square Feet
  • Net Operating Income: 34646.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 6094.00
  • Rent Control: No
  • Total Expenses: 6094.00

Tax Info

  • New Taxes Expense: 2011.00
  • Tax Census Tract: 5349.00
  • Tax Lot: 64
  • Tax Tract Number: 5349
  • TaxOtherAnnualAssessmentAmount: 1512.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2023
Closed on
Sep 1, 2023
Sold by
Raquel Dominguez Separate Property Trust
Bought by
Medina Jose Aaron Garnic and Soto Alma Delia
Seller's Agent
Julieta Sandoval
National Homes And Investments
Buyer's Agent
Rudy Sandoval
Excellence RE Real Estate
List Price
$692,000
Sold Price
$550,000
Premium/Discount to List
-$142,000
-20.52%
Views
200
Current Estimated Value
$625,048

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,048
Avg. Annual Appreciation
6.28%
Original Mortgage
$540,038
Outstanding Balance
$530,846
Interest Rate
6.81%
Mortgage Type
FHA
Estimated Equity
$84,402

Purchase Details

Closed on
Oct 5, 2017
Sold by
Dominguez Raquel
Bought by
Dominguez Raquel and Raquel Dominguez Separate Prop

Purchase Details

Closed on
Jun 20, 2003
Sold by
Dominguez Eduardo and Dominguez Raquel
Bought by
Dominguez Eduardo S and Dominguez Raquel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,300
Interest Rate
5.26%
Mortgage Type
Purchase Money Mortgage
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
Medina Jose Aaron Garnic $550,000 Wfg National Title
Dominguez Raquel -- None Available
Dominguez Eduardo S -- Gateway Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Medina Jose Aaron Garnic $540,038
Previous Owner Dominguez Eduardo S $249,100
Previous Owner Dominguez Eduardo S $263,000
Previous Owner Dominguez Eduardo S $138,300
Previous Owner Dominguez Eduardo $133,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/12/2023 09/12/23 Sold $550,000 -8.2% $300 / Sq Ft
07/26/2023 07/26/23 Pending -- -- --
07/01/2023 07/01/23 Price Changed $599,000 -13.4% $326 / Sq Ft
05/12/2023 05/12/23 For Sale $692,000 -- $377 / 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
2024 $8,318 $550,000 $400,000 $150,000
2023 $2,052 $44,233 $15,045 $29,188
2022 $2,011 $43,366 $14,750 $28,616
2021 $1,984 $42,516 $14,461 $28,055
2020 $1,984 $42,081 $14,313 $27,768
2019 $1,952 $41,257 $14,033 $27,224
2018 $1,837 $40,449 $13,758 $26,691
2016 $1,762 $38,880 $13,225 $25,655
2015 $1,745 $38,297 $13,027 $25,270
2014 $1,758 $37,547 $12,772 $24,775
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS23081645

California Regional Multiple Listing Service (CRMLS)

APN: 6025-018-011