521 W 78th St Los Angeles, CA 90044
Vermont Knolls Neighborhood
4
Beds
3
Baths
1,963
Sq Ft
7,003
Sq Ft Lot
Highlights
- No HOA
- Laundry Room
- No Heating
- Park
- Fenced
About This Home
As of April 2025Massive Triplex located in the strong rental market of South Los Angeles. The main house is composed of 2 beds 1 bath, while the detached 4-port garage features twin 1 bedroom 1 bath units above. Positioned on a spacious lot, this property has plenty of room for parking and entertainment. With a little TLC, this property is perfect for investors and owner-occupants. The property can be delivered fully vacant. Buyer to perform due diligence, Agent/Broker does not guarantee the accuracy of information.
Last Agent to Sell the Property
Irongate Real Estate Brokerage Phone: 213-810-8381 License #02208635 Listed on: 10/12/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,964
Year Built
- Built in 1913
Lot Details
- 7,003 Sq Ft Lot
- 1 Common Wall
- Fenced
- Fence is in average condition
- Density is up to 1 Unit/Acre
Parking
- 4 Car Garage
Home Design
- Triplex
Interior Spaces
- 1,963 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 4 Bedrooms
- 3 Bathrooms
Laundry
- Laundry Room
- Washer Hookup
Outdoor Features
- Exterior Lighting
Utilities
- No Heating
- Natural Gas Connected
- Cable TV Available
Listing and Financial Details
- Tenant pays for electricity, gas
- Tax Lot 280
- Tax Tract Number 212
- Assessor Parcel Number 6020017019
- $438 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 3 Units
Recreation
- Park
Building Details
- Rent Control
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- 1 Separate Water Meter
- Gross Income $37,100
- Net Operating Income $34,100
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jan 31, 2025
Sold by
Chavez Avelino and Galvan Concepcion
Bought by
Villas Real Estate Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$628,000
Interest Rate
6.76%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 2, 2024
Sold by
Chavez Avelino
Bought by
Chavez Avelino and Galvan Concepcion
Purchase Details
Closed on
Apr 20, 2004
Sold by
Galvan Concepcion
Bought by
Chavez Avelino
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,000
Interest Rate
7.25%
Mortgage Type
Unknown
Purchase Details
Closed on
Jan 15, 1999
Sold by
Arline Rosemary
Bought by
Chavez Avelino and Galvan Concepcion
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,698
Interest Rate
6.63%
Mortgage Type
FHA
Purchase Details
Closed on
Sep 16, 1996
Sold by
Crossroads Productions Inc
Bought by
Arline Rosemary
Purchase Details
Closed on
Jul 20, 1994
Sold by
Arline Rosemary
Bought by
Crossroads Productions Inc
Similar Homes in the area
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $785,000 | United One Escrow Inc | |
| Quit Claim Deed | -- | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Grant Deed | $196,000 | Fidelity Title | |
| Gift Deed | -- | -- | |
| Gift Deed | -- | -- | |
| Quit Claim Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $628,000 | New Conventional | |
| Previous Owner | $570,000 | New Conventional | |
| Previous Owner | $154,221 | Unknown | |
| Previous Owner | $21,620 | Unknown | |
| Previous Owner | $326,414 | Unknown | |
| Previous Owner | $244,000 | Unknown | |
| Previous Owner | $194,698 | FHA |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/18/2025 07/18/25 | For Rent | $2,800 | 0.0% | -- |
| 04/14/2025 04/14/25 | Sold | $785,000 | 0.0% | $400 / Sq Ft |
| 04/14/2025 04/14/25 | Sold | $785,000 | +4.7% | $400 / Sq Ft |
| 01/31/2025 01/31/25 | Pending | -- | -- | -- |
| 01/25/2025 01/25/25 | Pending | -- | -- | -- |
| 01/07/2025 01/07/25 | For Sale | $750,000 | 0.0% | $382 / Sq Ft |
| 01/07/2025 01/07/25 | For Sale | $750,000 | -4.5% | $382 / Sq Ft |
| 12/17/2024 12/17/24 | Off Market | $785,000 | -- | -- |
| 12/09/2024 12/09/24 | For Sale | $750,000 | -4.5% | $382 / Sq Ft |
| 12/06/2024 12/06/24 | Off Market | $785,000 | -- | -- |
| 12/06/2024 12/06/24 | Off Market | $785,000 | -- | -- |
| 10/24/2024 10/24/24 | For Sale | $750,000 | 0.0% | $382 / Sq Ft |
| 10/12/2024 10/12/24 | For Sale | $750,000 | -- | $382 / 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 |
|---|---|---|---|---|
| 2024 | $3,964 | $301,225 | $215,170 | $86,055 |
| 2023 | $3,896 | $295,319 | $210,951 | $84,368 |
| 2022 | $3,729 | $289,529 | $206,815 | $82,714 |
| 2021 | $3,672 | $283,853 | $202,760 | $81,093 |
| 2020 | $3,704 | $280,943 | $200,681 | $80,262 |
| 2019 | $3,569 | $275,436 | $196,747 | $78,689 |
| 2018 | $3,460 | $270,037 | $192,890 | $77,147 |
| 2016 | $3,295 | $259,552 | $185,400 | $74,152 |
| 2015 | $3,249 | $255,655 | $182,616 | $73,039 |
| 2014 | $3,280 | $250,648 | $179,039 | $71,609 |
Source: Public Records
Agents Affiliated with this Home
-
George Valencia
Seller's Agent in 2025
George Valencia
Century 21 A Better Service
(562) 250-7151
105 Total Sales
-
Anthony Rosillo
A
Seller's Agent in 2025
Anthony Rosillo
Irongate Real Estate
(213) 810-8381
2 in this area
6 Total Sales
-
Andre Kruse
Seller Co-Listing Agent in 2025
Andre Kruse
First Team Real Estate
(310) 606-0588
2 in this area
15 Total Sales
-
Alberto Sanchez
Buyer's Agent in 2025
Alberto Sanchez
Century 21 A Better Service
(562) 806-1000
4 in this area
78 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW24212335
APN: 6020-017-019
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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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