NOT LISTED FOR SALE

243 E 76th Place Los Angeles, CA 90003

Florence Neighborhood

Estimated Value: $528,693 - $677,000

4 Beds
3 Baths
1,480 Sq Ft
$422/Sq Ft Est. Value

Last Sold December 20, 2013

Last sale price $237,000 $160 Per Sq Ft

Est. 164% increase in value since last sale

Current estimated payment $3,991/month

116 Days on Market

Highlights

  • Colonial Architecture
  • Wall Furnace
  • 1-Story Property
  • Tile Flooring

About This Home

As of December 2013

!!Back on the Market !! failed out of escrow, BIG PRICE REDUCTION by the Bank. Great investment opportunity for the savvy investor, 2 separate units front consist of 3 beds 2 bath, formal dining room, good size kitchen, rear unit 1 bedroom 1 bath (buyer or buyer agent to do his own due diligence) A truly diamond in the rough waiving to be polished. Big lot enough room to park 6 or more cars. !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!SHORT SALE APPROVED!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!SHORT SALE APPROVED!!!!!!!!!!!!!!!!!!!!!!!!!!!

Last Agent to Sell the Property

Melvin Castro

Century 21 Allstars License #01329143 Listed on: 11/22/2013

Century 21 Allstars

Last Buyer's Agent

Melvin Castro

Century 21 Allstars License #01329143 Listed on: 11/22/2013

Century 21 Allstars

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1929

Lot Details

  • 5,140 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 4 Car Garage

Home Design

  • Colonial Architecture
  • Flat Roof Shape
  • Stucco

Interior Spaces

  • 1,480 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Tile Flooring

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Additional Features

  • Exterior Lighting
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 149
  • Tax Tract Number 1889
  • Assessor Parcel Number 6022013029

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $900
  • Trash Expense $420
  • Water Sewer Expense $2,010
  • New Taxes Expense $3,120
  • Operating Expense $6,450
  • Gross Income $1,900
  • Net Operating Income $425

Property Details

Home Type

Multi-Family

Year Built

Built in 1929

Lot Details

0

Parking

4

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 2010.00
  • Architectural Style: Colonial
  • Property Type: Residential Income
  • Parcel Number: 6022013029
  • Year Built: 1929
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Tile
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 160.14
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No
  • Roof: Flat
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Heating Type: Wall Furnace
  • Trash Expense: 420.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5140.00
  • Lot Size Acres: 0.1180

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 1900.00
  • Gross Scheduled Income: 1900.00
  • Insurance Expense: 900.00
  • Lot Size Area: 5140.0000 Square Feet
  • Net Operating Income: 425.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 425.00
  • Rent Control: Yes
  • Total Expenses: 6450.00

Tax Info

  • New Taxes Expense: 3120.00
  • Tax Lot: 149
  • Tax Tract Number: 1889

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 2, 2022
Sold by
Anaya Eduardo
Bought by
Hernandez Alfred and Hernandez Elizabeth
Current Estimated Value
$624,673

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Outstanding Balance
$334,287
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$290,386

Purchase Details

Closed on
Sep 15, 2017
Sold by
Macias Monique
Bought by
Anaya Eduardo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,000
Interest Rate
3.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 8, 2014
Sold by
Helen Street Llc
Bought by
Macias Monique

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,286
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Listed on
Nov 22, 2013
Closed on
Dec 17, 2013
Sold by
Martinez Jose I
Bought by
Helen Street Llc
Seller's Agent
Melvin Castro
Century 21 Allstars
Buyer's Agent
Melvin Castro
Century 21 Allstars
List Price
$255,000
Sold Price
$237,000
Premium/Discount to List
-$18,000
-7.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.40%
Original Mortgage
$260,000
Interest Rate
4.13%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Jan 13, 2007
Sold by
Martinez Maria D
Bought by
Martinez Jose I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,398
Interest Rate
6.09%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 27, 2006
Sold by
Martinez Jose I and Martinez Maria Dolores
Bought by
Martinez Jose I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.25%

Purchase Details

Closed on
Jun 24, 2003
Sold by
Martinez Jose Inmar and Martinez Maria Dolores
Bought by
Martinez Jose Inmar and Martinez Maria Dolores

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,000
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 13, 2002
Sold by
Medina Rogelio Guzman and Escobar Luz Janeth
Bought by
Martinez Jose Inmar and Martinez Maria Dolores

Purchase Details

Closed on
Aug 1, 2001
Sold by
One Step Forward
Bought by
Medina Rogelio Guzman and Escobar Janeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,900
Interest Rate
7.05%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 19, 2000
Sold by
Hud
Bought by
One Step Forward

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,000
Interest Rate
8.2%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 14, 2000
Sold by
Norwest Mtg Inc
Bought by
Hud

Purchase Details

Closed on
Jun 9, 1999
Sold by
Noralez Norberto and Noralez Pearl
Bought by
Norwest Mtg Inc

Purchase Details

Closed on
Jul 12, 1995
Sold by
Miller John Charles
Bought by
Noralez Rodney and Noralez Pearl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,604
Interest Rate
7.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 28, 1995
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Miller John Charles

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,604
Interest Rate
7.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 6, 1995
Sold by
American Svgs Bank Fa
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Dec 21, 1994
Sold by
Granados Jose Alfredo
Bought by
American Svgs Bank Fa

Purchase Details

Closed on
Jan 5, 1993
Sold by
Granados Jose Alfredo
Bought by
Gaeta Pedro P
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Hernandez Alfred $450,000 Pacific Coast Title
Anaya Eduardo $340,000 Fidelity National Title Co
Macias Monique $310,000 Orange Coast Title Company
Helen Street Llc $237,000 Orange Coast Title Co Of Sc
Martinez Jose I -- Lsi
Martinez Jose I -- Transunion Title & Escrow Se
Martinez Jose Inmar -- Itc
Martinez Jose Inmar -- --
Medina Rogelio Guzman $170,000 --
One Step Forward $136,500 --
Hud -- First American Title Ins Co
Norwest Mtg Inc $180,587 First American Title Ins Co
Noralez Rodney $175,000 First American Title Co
Miller John Charles $82,000 First American Title Co
Federal Home Loan Mortgage Corporation -- First American Title Co
American Svgs Bank Fa $127,555 Stewart Title
Gaeta Pedro P -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hernandez Alfred $360,000
Previous Owner Anaya Eduardo $255,000
Previous Owner Macias Monique $304,286
Previous Owner Helen Street Llc $260,000
Previous Owner Martinez Jose I $50,398
Previous Owner Martinez Jose I $400,000
Previous Owner Martinez Jose Inmar $184,000
Previous Owner Medina Rogelio Guzman $164,900
Previous Owner One Step Forward $117,000
Previous Owner Noralez Rodney $170,604
Previous Owner Miller John Charles $57,400
Closed One Step Forward $9,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/20/2013 12/20/13 Sold $237,000 -7.1% $160 / Sq Ft
12/01/2013 12/01/13 Pending -- -- --
08/07/2013 08/07/13 For Sale $255,000 -- $172 / 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 $8,719 $711,008 $477,543 $233,465
2024 $8,719 $697,068 $468,180 $228,888
2023 $8,553 $683,400 $459,000 $224,400
2022 $6,136 $496,426 $316,298 $180,128
2021 $6,055 $486,694 $310,097 $176,597
2020 $6,113 $481,705 $306,918 $174,787
2019 $5,030 $402,900 $300,900 $102,000
2018 $5,332 $395,000 $295,000 $100,000
2016 $4,013 $321,013 $213,733 $107,280
2015 $3,956 $316,192 $210,523 $105,669
2014 -- $237,000 $160,000 $77,000
Source: Public Records

Agents Affiliated with this Home

  • Melvin Castro

    Seller's Agent in 2013

    Melvin Castro

    Century 21 Allstars

    (310) 930-6572

    13 Total Sales

    Melvin Castro
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS13165737

California Regional Multiple Listing Service (CRMLS)

APN: 6022-013-029

California Los Angeles County Los Angeles 90003 Florence

243 E 76th Place, Los Angeles, CA

Not Listed for Sale

MultiFamily

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