NOT LISTED FOR SALE

252 E 79th St Los Angeles, CA 90003

Florence Neighborhood
7 Beds
6 Baths
3,477 Sq Ft
6,199 Sq Ft Lot

Last Sold May 08, 2023

Last sale price $812,500 $234 Per Sq Ft

6 Days on Market

About This Home

As of May 2023

Six unit apartment complex presenting an excellent Value add opportunity situated on large corner lot.

Last Agent to Sell the Property

Olga Wright

Lyon Stahl Investment Real Estate, Inc. License #01315042 Listed on: 03/22/2023

Lyon Stahl Investment Real Estate, Inc.

Co-Listed By

Evelyn Baez Gonzalez

Lyon Stahl Investment Real Estate, Inc. License #02103055

Last Buyer's Agent

Olga Wright

Lyon Stahl Investment Real Estate, Inc. License #01315042 Listed on: 03/22/2023

Lyon Stahl Investment Real Estate, Inc.

Property Details

Home Type

  • Co-Op

Year Built

  • Built in 1955

Lot Details

  • 6,199 Sq Ft Lot
  • Two or More Common Walls

Interior Spaces

  • 3,477 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 6 Bathrooms

Additional Features

  • Exterior Lighting
  • Urban Location

Listing and Financial Details

  • Tax Lot 241
  • Tax Tract Number 1889
  • Assessor Parcel Number 6030002001
  • $1,023 per year additional tax assessments

Community Details

Overview

  • 6 Units

Building Details

  • Rent Control
  • 7 Separate Electric Meters
  • 6 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $2,000
  • Trash Expense $3,400
  • Water Sewer Expense $4,500
  • Operating Expense $27,278
  • Gross Income $67,824
  • Net Operating Income $38,511

Property Details

Home Type

Co-Op

Year Built

Built in 1955

Lot Details

0

Listing Details

  • CapRate: 4.20
  • Property Attached: Yes
  • Water Sewer Expenses: 4500.00
  • Zoning: LAR4
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Parcel Number: 6030002001
  • Year Built: 1955
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 233.68

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Trash Expense: 3400.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Stock Cooperative
  • Community Features: Sidewalks, Street Lights, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Walkstreet
  • Lot Size Sq Ft: 6199.00
  • Lot Size Acres: 0.1423

Multi Family

  • Gross Income: 67824.00
  • Gross Multiplier: 13.64
  • Gross Scheduled Income: 67824.00
  • Insurance Expense: 2000.00
  • Lot Size Area: 6199.0000 Square Feet
  • Net Operating Income: 38511.00
  • Number Of Separate Electric Meters: 7
  • Number Of Separate Gas Meters: 6
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 6
  • Operating Expense: 27278.00
  • Rent Control: Yes
  • Total Expenses: 27278.00
  • Vacancy Allowance Rate: 3.00

Tax Info

  • Tax Census Tract: 2397.01
  • Tax Lot: 241
  • Tax Tract Number: 1889
  • TaxOtherAnnualAssessmentAmount: 1023.00

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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

Property History

Date Event Price List to Sale Price per Sq Ft
05/08/2023 05/08/23 Sold $812,500 0.0% $234 / Sq Ft
03/22/2023 03/22/23 Off Market $812,500 -- --
03/22/2023 03/22/23 For Sale $925,000 +13.8% $266 / Sq Ft
03/04/2023 03/04/23 Off Market $812,500 -- --
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Olga Wright

    Seller's Agent in 2023

    Olga Wright

    Lyon Stahl Investment Real Estate, Inc.

    (310) 425-9838

    3 in this area

    100 Total Sales

    Olga Wright
    Section Image
  • Evelyn Baez Gonzalez

    Seller Co-Listing Agent in 2023

    Evelyn Baez Gonzalez

    Lyon Stahl Investment Real Estate, Inc.

    (951) 902-3006

    4 in this area

    58 Total Sales

    Evelyn Baez Gonzalez
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB23036043

California Regional Multiple Listing Service (CRMLS)
California Los Angeles County Los Angeles 90003 Florence

252 E 79th St, Los Angeles, CA

Not Listed for Sale

Coop

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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.

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