NOT LISTED FOR SALE

245 W 78th St Los Angeles, CA 90003

Florence Neighborhood

Estimated Value: $617,000 - $867,000

4 Beds
4 Baths
2,046 Sq Ft
$349/Sq Ft Est. Value

Last Sold February 27, 2013

Last sale price $265,001 $130 Per Sq Ft

Est. 170% increase in value since last sale

Current estimated payment $4,271/month

13 Days on Market

About This Home

As of February 2013

WONDERFUL 4 UNIT OPPORTUNITY THAT DOESNT COME ALONG THAT OFTEN. EACH OF THE UNITS HAVE 1 BED AND 1 BATH. THIS IS CHANGE TO RENT ALL FOR ADDED INCOME OR LIVE IN ONE AND RENT THE OTHERS. SEE PRIVATE REMARKS. THANK YOU FOR SHOWING.

Last Agent to Sell the Property

Marie Fimbres

REO Modern Realty Corp License #01414087 Listed on: 07/10/2012

Last Buyer's Agent

Jonathan Kim

Jonathan Kim License #01800127

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,300

Year Built

  • Built in 1920

Lot Details

  • 7,000

Home Design

  • 2,046 Sq Ft Home
  • Traditional Architecture
  • Stucco

Additional Features

  • 7,000 Sq Ft Lot
  • No Heating

Listing and Financial Details

  • Tax Lot 236
  • Tax Tract Number 2396
  • Assessor Parcel Number 6031017028

Community Details

Overview

  • 4 Buildings
  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,300

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Assessments: No
  • View: No
  • Architectural Style: Traditional
  • Property Type: Residential Income
  • Parcel Number: 6031017028
  • Year Built: 1920
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Appliances: No
  • Price Per Square Foot: 129.52

Exterior Features

  • Pool Private: No
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Parking: No

Utilities

  • Heating: No
  • Laundry: No

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 7000.00
  • Lot Size Acres: 0.1610

Multi Family

  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4

Tax Info

  • Tax Area: 7
  • Tax Lot: 236
  • Tax Tract Number: 2396

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 26, 2012
Sold by
Deutsche Bank National Trust Company
Bought by
Feliciano Ricardo and Lozano Olga
Current Estimated Value
$714,667

Purchase Details

Closed on
May 19, 2010
Sold by
Monterroso Brenda Yaneth
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Jun 23, 2006
Sold by
Obioha Stella
Bought by
Monterroso Brenda Yaneth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$448,000
Interest Rate
8.25%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jul 25, 2005
Sold by
Bison Elizabeth and Uwah Augustine
Bought by
Obioha Stella

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$445,500
Interest Rate
9.99%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 17, 2004
Sold by
Larose Sadie
Bought by
Bisong Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,100
Interest Rate
7.27%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 14, 2004
Sold by
Bisong Elizabeth
Bought by
Bisong Elizabeth and Uwah Augustine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,100
Interest Rate
7.27%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 13, 2002
Sold by
Alaniz Frederick J
Bought by
Larose Sadie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$217,600
Interest Rate
6.03%

Purchase Details

Closed on
May 11, 2001
Sold by
Fleet Mtg Corp
Bought by
Alanis Frederick J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,500
Interest Rate
7.15%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
May 15, 2000
Sold by
Pizarro Armando M and Reyes Guadalupe
Bought by
Fleet Mtg Corp and Fleet Real Estate Funding Corp

Purchase Details

Closed on
Jun 11, 1999
Sold by
Silverado Holdings Inc
Bought by
Pizarro Armando M and Reyes Guadalupe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,108
Interest Rate
7.56%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 8, 1998
Sold by
Chaney Leo V
Bought by
Chaney Velma M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.86%

Purchase Details

Closed on
Nov 17, 1998
Sold by
Chaney Velma M
Bought by
Silverado Holdings Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.86%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Feliciano Ricardo $265,500 None Available
Deutsche Bank National Trust Company $225,000 Landsafe
Monterroso Brenda Yaneth $560,000 Commonwealth Land Title Co
Obioha Stella $495,000 Ticor Title Co
Bisong Elizabeth $389,000 Gateway Title Company
Bisong Elizabeth -- --
Larose Sadie $290,000 Commerce Title
Alanis Frederick J $154,500 Fidelity National Title Co
Fleet Mtg Corp $208,882 --
Pizarro Armando M $195,000 California Counties Title Co
Chaney Velma M -- California Counties Title Co
Silverado Holdings Inc $125,000 California Counties Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Monterroso Brenda Yaneth $448,000
Previous Owner Obioha Stella $445,500
Previous Owner Bisong Elizabeth $350,100
Previous Owner Larose Sadie $217,600
Previous Owner Alanis Frederick J $157,500
Previous Owner Pizarro Armando M $193,108
Previous Owner Silverado Holdings Inc $100,000
Closed Larose Sadie $54,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/27/2013 02/27/13 Sold $265,001 +14.1% $130 / Sq Ft
07/23/2012 07/23/12 Pending -- -- --
07/10/2012 07/10/12 For Sale $232,300 -- $114 / 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 $4,300 $326,319 $246,282 $80,037
2024 $4,300 $319,921 $241,453 $78,468
2023 $4,224 $313,649 $236,719 $76,930
2022 $4,039 $307,500 $232,078 $75,422
2021 $3,983 $301,472 $227,528 $73,944
2020 $4,017 $298,381 $225,195 $73,186
2019 $3,872 $292,531 $220,780 $71,751
2018 $3,783 $286,796 $216,451 $70,345
2016 $3,604 $275,661 $208,047 $67,614
2015 $3,555 $271,521 $204,922 $66,599
2014 $3,593 $266,203 $200,908 $65,295
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2013

    Marie Fimbres

    REO Modern Realty Corp

    Section Image
  • Jonathan Kim

    Buyer's Agent in 2013

    Jonathan Kim

    Jonathan Kim

    (562) 565-5284

    2 Total Sales

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: P828225

California Regional Multiple Listing Service (CRMLS)

APN: 6031-017-028

California Los Angeles County Los Angeles 90003 Florence

245 W 78th St, Los Angeles, CA

This home is located at 245 W 78th St, Los Angeles, CA 90003 since 10 July 2012 and is currently estimated at $714,667, approximately $349 per square foot. This property was built in 1920. 245 W 78th St is a home located in Los Angeles County with nearby schools including Seventy-Fifth Street Elementary School, Mary McLeod Bethune Middle School, and Academy For Multiligual Arts And Science At Mervyn M. Dymally High.

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.

California Regional Multiple Listing Service (CRMLS) 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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