Seller's Agent in 2024
Michael Berdelis
24 Hour Real Estate
(714) 507-6266
2 in this area
245 Total Sales
2046 E 78th St Los Angeles, CA 90001
Estimated Value: $626,442 - $705,000
3
Beds
2
Baths
936
Sq Ft
$721/Sq Ft
Est. Value
Highlights
- Laundry Room
- Linda Esperanza Marquez High School Rated A-
- 1-Story Property
About This Home
As of April 2024Excellent income property investment for owner/user or investor. Welcome to this charming Duplex which brings an exceptional opportunity for investment in the highly desired Florence Graham area! Discover a wealth of opportunity and endless potential with this 2-unit property! The parcel includes a duplex, each boasting a spacious 2-bed, 1-bath layout. There is plenty of available parking for each of the houses. Nestled on a sprawling 9,254 sq. ft lot, envision the possibilities of adding ADUs to maximize your investment. Enjoy robust rental income that matches the property's value. Its ideal location and large lot offer a serene ambiance without compromising proximity to the city's vibrant amenities. Modern updates could elevate its appeal, making it a prime candidate for present or future redevelopment. This is a rare investment opportunity to acquire two homes on a large lot in a fantastic central location, near highly rated schools and shopping centers. Schedule your showing today and experience the ultimate in Southern California living!
Last Agent to Sell the Property
24 Hour Real Estate Brokerage Phone: 562-818-6111 License #01234589 Listed on: 10/27/2023
Last Buyer's Agent
24 Hour Real Estate Brokerage Phone: 562-818-6111 License #01714978
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,644
Year Built
- Built in 1922
Lot Details
- 9,254 Sq Ft Lot
- No Common Walls
- Density is up to 1 Unit/Acre
Home Design
- Duplex
Interior Spaces
- 936 Sq Ft Home
- 1-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Bathrooms
Parking
- Parking Available
- Driveway
Listing and Financial Details
- Tax Lot 81
- Assessor Parcel Number 6025022017
- $1,101 per year additional tax assessments
Community Details
Overview
- 2 Buildings
- 2 Units
Building Details
- 2 Leased Units
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
- Gardener Expense $1,200
- Insurance Expense $2,000
- Trash Expense $500
- Water Sewer Expense $1,700
- New Taxes Expense $8,249
- Operating Expense $13,649
- Gross Income $52,200
- Net Operating Income $38,551
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 27, 2023
Closed on
Apr 12, 2024
Sold by
Martin R Perez Revocable Trust and Perez Mario
Bought by
Martinez Cassandra Gomez and Alvarez Luis Alfonso
Seller's Agent
Michael Berdelis
24 Hour Real Estate
Buyer's Agent
Armando Martinez
24 Hour Real Estate
List Price
$659,950
Sold Price
$680,000
Premium/Discount to List
$20,050
3.04%
Views
365
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,389
Avg. Annual Appreciation
1.09%
Original Mortgage
$667,683
Outstanding Balance
$659,031
Interest Rate
6.94%
Mortgage Type
FHA
Estimated Equity
$31,182
Purchase Details
Closed on
Aug 19, 2020
Sold by
Perez Martin
Bought by
Perez Martin R
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Martinez Cassandra Gomez | $680,000 | Monarch Title | |
| Perez Martin R | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Martinez Cassandra Gomez | $667,683 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/22/2024 04/22/24 | Sold | $680,000 | +3.0% | $726 / Sq Ft |
| 10/27/2023 10/27/23 | For Sale | $659,950 | -- | $705 / Sq Ft |
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 |
|---|---|---|---|---|
| 2025 | $3,644 | $693,600 | $489,600 | $204,000 |
| 2024 | $3,644 | $198,375 | $162,320 | $36,055 |
| 2023 | $3,423 | $194,487 | $159,138 | $35,349 |
| 2022 | $3,292 | $190,674 | $156,018 | $34,656 |
| 2021 | $3,257 | $186,936 | $152,959 | $33,977 |
| 2020 | $3,273 | $185,020 | $151,391 | $33,629 |
| 2019 | $3,173 | $181,393 | $148,423 | $32,970 |
| 2018 | $3,039 | $177,837 | $145,513 | $32,324 |
| 2016 | $2,918 | $170,933 | $139,863 | $31,070 |
| 2015 | $2,879 | $168,367 | $137,763 | $30,604 |
| 2014 | $2,887 | $165,070 | $135,065 | $30,005 |
Source: Public Records
Agents Affiliated with this Home
-
Michael Berdelis
-
Armando Martinez
A
Seller Co-Listing Agent in 2024
Armando Martinez
24 Hour Real Estate
(562) 861-7257
2 in this area
44 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: DW23191488
APN: 6025-022-017
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 multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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
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