NOT LISTED FOR SALE

434 E 79th St Los Angeles, CA 90003

Florence Neighborhood

Estimated Value: $648,000 - $869,000

5 Beds
3 Baths
1,952 Sq Ft
$393/Sq Ft Est. Value

Sale Details

Date Sold: March 30, 2018

Last sale price $530,000 $272 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $4,796 / mo

21 Days on Market

Highlights

  • Property is near public transit
  • Level Lot
  • 1-Story Property
  • Lawn
  • Wall Furnace

About This Home

As of March 2018

Beautiful family home with additional two bedroom unit in the rear plus two 2 car garages for off street parking. Front unit is 3 bedrooms and 2 bathrooms that have been remodeled in the last 3 years. Rear unit is 2 bedroom and 2 baths for great additional income. Both units will be delivered vacant at COE.. here is a rare opportunity in a rent control area to receive both units VACANT!!! WALKING DISTANCE TO FREMONT HIGH SCHOOL. Great proximity to 110 freeway and only 15 min to down town Los Angeles...

Last Agent to Sell the Property

Felipe Acuna

CENTURY 21 REALTY MASTERS License #01066186 Listed on: 12/07/2017

CENTURY 21 REALTY MASTERS

Last Buyer's Agent

Mohammad Maithalouni

LNS Group, INC License #02006021

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1923

Lot Details

  • 5,494 Sq Ft Lot
  • No Common Walls
  • Level Lot
  • Lawn

Parking

  • 3 Open Parking Spaces
  • 4 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • Duplex

Interior Spaces

  • 1,952 Sq Ft Home
  • 1-Story Property
  • Laundry in unit

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Location

  • Property is near public transit

Utilities

  • Wall Furnace
  • Sewer Paid

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, telephone
  • Tax Lot 39
  • Tax Tract Number 26
  • Assessor Parcel Number 6030033019

Community Details

Overview

  • 3 Buildings
  • 2 Units

Amenities

  • Laundry Facilities

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $1,800
  • Insurance Expense $1,700
  • Water Sewer Expense $3,600
  • New Taxes Expense $6,725
  • Operating Expense $13,825
  • Gross Income $36,000
  • Net Operating Income $22,175

Property Details

Home Type

Multi-Family

Year Built

Built in 1923

Lot Details

5,494 Sq Ft Lot

Parking

4

Listing Details

  • CapRate: 4.20
  • Property Attached: No
  • Water Sewer Expenses: 3600.00
  • Zoning: LAR2
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 6030033019
  • Year Built: 1923
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 271.52

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 7.00
  • Uncovered Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Common Area
  • Sewer: Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks, Storm Drains, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lawn, Level with Street, Level, Near Public Transit
  • Lot Size Sq Ft: 5494.00

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Telephone

Multi Family

  • Average2 Bed Area: 800 Square Feet
  • Average3 Bed Area: 1100 Square Feet
  • Electric Expense: 1800.00
  • Gross Income: 36000.00
  • Gross Multiplier: 14.60
  • Gross Scheduled Income: 36000.00
  • Insurance Expense: 1700.00
  • Net Operating Income: 22175.00
  • 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: 13825.00
  • Rent Control: Yes
  • Total Expenses: 13825.00

Tax Info

  • New Taxes Expense: 6725.00
  • Tax Census Tract: 2398.01
  • Tax Lot: 39
  • Tax Tract Number: 26

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

Closed on
Apr 24, 2019
Sold by
Bought by
Current Estimated Value
$771,556

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$527,217
Interest Rate
0.04%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 5, 2019
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$527,217
Interest Rate
0.04%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 26, 2019
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$527,217
Interest Rate
0.04%
Mortgage Type
FHA

Purchase Details

Listed on
Dec 7, 2017
Closed on
Mar 27, 2018
Sold by
Bought by
Seller's Agent
Felipe Acuna
CENTURY 21 REALTY MASTERS
Buyer's Agent
Mohammad Maithalouni
LNS Group, INC
List Price
$525,000
Sold Price
$530,000
Premium/Discount to List
$5,000
0.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.57%

Purchase Details

Closed on
Jan 3, 2018
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$520,400
Interest Rate
0.0487%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 23, 2011
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
0.049%

Purchase Details

Closed on
Jan 13, 1996
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

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
-- Chicago Title Company
-- Chicago Title
-- Chicago Title Co
-- Chicago Title Company
$530,000 Chicago Title Company
-- Chicago Title Co
-- Chicago Title Servicelink Di
-- --
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
Closed $527,217
Closed $527,217
Closed $520,400
Closed $150,000
Closed $145,574
Closed $120,000
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
03/30/2018 03/30/18 Sold $530,000 +1.0% $272 / Sq Ft
12/07/2017 12/07/17 For Sale $525,000 -- $269 / 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
2025 $7,543 $603,045 $398,238 $204,807
2024 $7,453 $591,222 $390,430 $200,792
2023 $7,312 $579,630 $382,775 $196,855
2022 $6,977 $568,266 $375,270 $192,996
2021 $6,886 $557,124 $367,912 $189,212
2020 $6,953 $551,412 $364,140 $187,272
2019 $6,690 $540,600 $357,000 $183,600
2018 $3,405 $263,999 $118,685 $145,314
2016 $3,239 $253,749 $114,077 $139,672
2015 $3,194 $249,938 $112,364 $137,574
2014 $3,211 $245,043 $110,163 $134,880
Source: Public Records

Agents Affiliated with this Home

  • Felipe Acuna

    Seller's Agent in 2018

    Felipe Acuna

    CENTURY 21 REALTY MASTERS

    (213) 712-2797

    26 Total Sales

    Felipe Acuna
    Section Image

  • M

    Buyer's Agent in 2018

    Mohammad Maithalouni

    LNS Group, INC

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MB17269345

California Regional Multiple Listing Service (CRMLS)

APN: 6030-033-019

California Los Angeles County Los Angeles 90003 Florence

434 E 79th St, Los Angeles, CA

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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