JA
Jesse Alvarado
Premier Wholesale Mortgage
(213) 340-1195
19 Total Sales
1 in Florence-Graham
$667,500 Price
2046 E 78th St Los Angeles, CA 90001
Florence-Graham AreaEstimated Value: $651,000 - $769,694
3
Beds
2
Baths
936
Sq Ft
$761/Sq Ft
Est. Value
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
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Property Details
Home Type
- Multi-Family
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
- Entry on the 1st floor
Interior Spaces
- 936 Sq Ft Home
- 1-Story Property
- Laundry in unit
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
Amenities
- Laundry Facilities
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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
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
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
363
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
$22,211
Avg. Annual Appreciation
1.98%
Original Mortgage
$667,683
Outstanding Balance
$653,067
Interest Rate
7.25%
Mortgage Type
FHA
Estimated Equity
$59,357
Purchase Details
Closed on
Aug 19, 2020
Sold by
Perez Martin
Bought by
Perez Martin R and Martin R Perez Revocable Trust
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Los Angeles, CA
-
Jesse Alvarado
-
Rudy Kusuma
Rudy Kusuma
LPT Realty, Inc
(916) 249-4078
149 Total Sales
1 in Florence-Graham
$645,000 Price
-
Dave Shorter
Dave Shorter
David Shorter, Broker
(562) 418-5957
37 Total Sales
2 in Florence-Graham
$690,000 Price Range
-
Linda Ojeda
Linda Ojeda
Luxury Collective
(424) 372-0165
110 Total Sales
2 in Florence-Graham
$590,000 Price Range
-
Max Gonzalez
Max Gonzalez
Buena Vista Realty
(323) 694-2948
61 Total Sales
1 in Florence-Graham
$555,000 Price
-
Hilda Hernandez
Hilda Hernandez
Berkshire Hathaway HomeServices
(626) 699-8904
95 Total Sales
2 in Florence-Graham
$556K - $900K Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $680,000 | Monarch Title | ||
| Perez Martin R | -- | None Available |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $667,683 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $9,526 | $707,472 | $499,392 | $208,080 |
| 2025 | $9,526 | $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
Seller's Agent in 2024
Michael Berdelis
24 Hour Real Estate
(714) 507-6266
222 Total Sales
-
Armando Martinez
AM
Seller Co-Listing Agent in 2024
Armando Martinez
24 Hour Real Estate
(562) 861-7257
69 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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