Seller's Agent in 2021
Aldo Baltodano
Greenpoint Real Estate Services
(909) 954-4556
1 in this area
48 Total Sales
342 E 79th St Los Angeles, CA 90003
Florence NeighborhoodEstimated Value: $729,000 - $868,509
4
Beds
3
Baths
2,147
Sq Ft
$368/Sq Ft
Est. Value
Highlights
- No HOA
- Central Heating and Cooling System
- 1-Story Property
- Laundry Room
- Turnkey
About This Home
As of November 2021GREAT INVESTMENT OPPORTUNITY. FULLY RENTED MULTI-FAMILY. Impressive, spacious property offers TWO UNITS. Front unit offers 2 bedrooms and 1 bathroom and approximately 1,000 square feet. Rear unit offers 2 bedrooms and 2 baths and approximately 1,100 square feet. This multi-family is near 110 and 105 freeways. Easy access to shopping, dining, and schools. Close to USC and DTLA. Great income opportunity for investor or for an end-user wanting to live in one unit and offset the mortgage with the current rental income. Rear tenant is on a month-to-month. Front tenant just executed a 1yr lease through September 2022. Each unit has its own kitchen, laundry, and parking. Utilities are shared. Home is gated in front and back (alley access for rear unit). Current tenant pays $2,150/month for the rear unit. Front tenant pays $2,195/month. Both units have been recently remodeled so tenants are living in turn-key units.
Last Agent to Sell the Property
Greenpoint Real Estate Services License #01879659 Listed on: 09/09/2021
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1920 | Remodeled
Lot Details
- 5,502 Sq Ft Lot
- 1 Common Wall
- Density is 2-5 Units/Acre
Home Design
- Duplex
- Turnkey
Interior Spaces
- 2,147 Sq Ft Home
- 1-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 4 Bedrooms
- 3 Bathrooms
Parking
- 2 Open Parking Spaces
- 4 Parking Spaces
- 2 Carport Spaces
- Parking Available
Utilities
- Central Heating and Cooling System
Listing and Financial Details
- Tenant pays for cable TV, telephone
- Legal Lot and Block 54 / 1
- Tax Tract Number 26
- Assessor Parcel Number 6030019023
Community Details
Overview
- No Home Owners Association
- 2 Units
Building Details
- 2 Leased Units
- Rent Control
- 1 Separate Electric Meter
- 1 Separate Gas Meter
- 1 Separate Water Meter
- Electric Expense $2,400
- Fuel Expense $600
- Insurance Expense $718
- Trash Expense $1,200
- Water Sewer Expense $1,200
- Operating Expense $6,118
- Gross Income $4,345
- Net Operating Income $46,022
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Nov 14, 2023
Sold by
Omuson Victoria
Bought by
Omuson Family Living Trust and Omuson
Current Estimated Value
Purchase Details
Listed on
Sep 9, 2021
Closed on
Nov 9, 2021
Sold by
Omuson Sanfrancis
Bought by
Omuson Victoria
Seller's Agent
Aldo Baltodano
Greenpoint Real Estate Services
Buyer's Agent
Shanelle Tolosa
Trends RE Inc.
List Price
$647,000
Sold Price
$630,000
Premium/Discount to List
-$17,000
-2.63%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.64%
Purchase Details
Closed on
Jun 4, 2013
Sold by
Kaliid Imani A
Bought by
Real Estate Rehab Investments Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
3.32%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Apr 9, 2013
Sold by
Kaliid Imani A
Bought by
Kaliid Imani A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
3.32%
Mortgage Type
Purchase Money Mortgage
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 |
|---|---|---|---|
| Omuson Family Living Trust | -- | None Listed On Document | |
| Omuson Victoria | -- | Fidelity National Title Co | |
| Real Estate Rehab Investments Inc | $165,000 | Fidelity National Title Co | |
| Kaliid Imani A | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Real Estate Rehab Investments Inc | $45,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/12/2021 11/12/21 | Sold | $630,000 | -2.6% | $293 / Sq Ft |
| 09/24/2021 09/24/21 | For Sale | $647,000 | +2.7% | $301 / Sq Ft |
| 09/23/2021 09/23/21 | Off Market | $630,000 | -- | -- |
| 09/09/2021 09/09/21 | For Sale | $647,000 | -- | $301 / 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 | $8,379 | $668,559 | $481,469 | $187,090 |
| 2024 | $8,249 | $655,451 | $472,029 | $183,422 |
| 2023 | $8,086 | $642,600 | $462,774 | $179,826 |
| 2022 | $7,715 | $630,000 | $453,700 | $176,300 |
| 2021 | $4,022 | $311,936 | $147,549 | $164,387 |
| 2019 | $3,906 | $302,686 | $143,174 | $159,512 |
| 2018 | $3,794 | $296,752 | $140,367 | $156,385 |
| 2016 | $3,605 | $285,230 | $134,917 | $150,313 |
| 2015 | $3,554 | $280,947 | $132,891 | $148,056 |
| 2014 | $3,573 | $275,444 | $130,288 | $145,156 |
Source: Public Records
Agents Affiliated with this Home
-
Aldo Baltodano
-
Tracy Ly
T
Seller Co-Listing Agent in 2021
Tracy Ly
Greenpoint Real Estate Services
(714) 869-5554
1 in this area
58 Total Sales
-
Shanelle Tolosa
S
Buyer's Agent in 2021
Shanelle Tolosa
Trends RE Inc.
(818) 360-3430
1 in this area
13 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: DW21199349
APN: 6030-019-023
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
Nearby Homes
- 332 E 79th St
- 8019 Towne Ave
- 7908 Towne Ave
- 8021 Towne Ave
- 8110 S San Pedro St
- 253 E 82nd St
- 7402 Avalon Blvd
- 7675 S San Pedro St
- 333 E 84th St
- 214 E 76th Place
- 127 E 81st St
- 628 E 76th Place
- 613 E 76th Place
- 135 E 77th St
- 8411 S San Pedro St
- 7516 Avalon Blvd
- 146 E 83rd St
- 218 E 84th St
- 230 E 75th St
- 620 E 84th St