Seller's Agent in 2024
Jeff Anderson
eXp Realty of California Inc
(562) 784-5241
1 in this area
296 Total Sales
523 W 76th St Los Angeles, CA 90044
Vermont Knolls NeighborhoodEstimated Value: $660,000 - $1,107,501
5
Beds
2
Baths
2,123
Sq Ft
$373/Sq Ft
Est. Value
Highlights
- Property is near public transit
- Back and Front Yard
- 1-Story Property
- Accessible Parking
About This Home
As of November 2024Seize this unique opportunity with a property that's RTI (Ready To Issue) permitted and poised for transformation. Currently a duplex, it comes with approved plans to convert into a 5-unit residential complex. This project represents a significant value add, increasing from a duplex to a total of five units. The total proposed square footage for this new development is a substantial 7,730 square feet! Utilize the favorable LAR3 zoning and TOC program in place. Additionally, this property is located in an area eligible for the Ladder Up Home Loan Grant, offering up to $50,000 in grant credits for qualified owner-occupant buyers who meet eligibility requirements. This is a rare opportunity to secure a multi-unit property in a prime location with financial assistance available.
Last Agent to Sell the Property
eXp Realty of California Inc Brokerage Email: MLS@AndersonREG.com License #01729514 Listed on: 01/17/2024
Co-Listed By
Sage Real Estate Group, Inc. Brokerage Email: MLS@AndersonREG.com License #01417642
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1922
Lot Details
- 6,899 Sq Ft Lot
- No Common Walls
- Back and Front Yard
Home Design
- Duplex
- Entry on the 1st floor
Interior Spaces
- 2,123 Sq Ft Home
- 1-Story Property
Bedrooms and Bathrooms
- 5 Bedrooms
- 2 Bathrooms
Parking
- 4 Open Parking Spaces
- 4 Parking Spaces
- Parking Available
- Driveway
Additional Features
- Accessible Parking
- Property is near public transit
Listing and Financial Details
- Tenant pays for electricity, gas
- Tax Lot 180
- Tax Tract Number 212
- Assessor Parcel Number 6020021029
Community Details
Overview
- 2 Buildings
- 2 Units
Building Details
- Rent Control
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $1,200
- Maintenance Expense $2,400
- Trash Expense $600
- Water Sewer Expense $1,200
- New Taxes Expense $10,312
- Operating Expense $14,524
- Net Operating Income $32,726
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 17, 2024
Closed on
Oct 25, 2024
Sold by
Sbds Investments Llc
Bought by
Henriquez Nelson
Seller's Agent
Jeff Anderson
eXp Realty of California Inc
Buyer's Agent
Daniel Hernandez
Executive Bankers Realty
List Price
$825,000
Sold Price
$650,000
Premium/Discount to List
-$175,000
-21.21%
Views
272
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$142,625
Avg. Annual Appreciation
15.46%
Original Mortgage
$585,000
Outstanding Balance
$576,716
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$215,909
Purchase Details
Closed on
May 4, 2010
Sold by
Reddy Dayakar Chandram
Bought by
Sbds Investments Llc
Purchase Details
Closed on
Mar 23, 2010
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Reddy Dayakar
Purchase Details
Closed on
Oct 5, 2009
Sold by
Rivas Jose N and Leon Marina D
Bought by
Federal Home Loan Mortgage Corporation
Purchase Details
Closed on
Jul 26, 2005
Sold by
Escobar Flor
Bought by
Rivas Jose N and Leon Marina D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$352,000
Interest Rate
5.61%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Feb 4, 2004
Sold by
Bravo Jose B and Bravo Aida T
Bought by
Escobar Flor
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$263,500
Interest Rate
6.55%
Mortgage Type
Purchase Money Mortgage
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Henriquez Nelson | $650,000 | Fidelity National Title | |
| Sbds Investments Llc | -- | None Available | |
| Reddy Dayakar | $205,000 | Lsi Title Company | |
| Federal Home Loan Mortgage Corporation | $351,394 | Fidelity Natl Title Ins Co | |
| Rivas Jose N | $440,000 | Southland Title Company | |
| Escobar Flor | $325,000 | Ticor Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Henriquez Nelson | $585,000 | |
| Previous Owner | Rivas Jose N | $352,000 | |
| Previous Owner | Escobar Flor | $263,500 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/05/2024 11/05/24 | Sold | $650,000 | 0.0% | $306 / Sq Ft |
| 09/25/2024 09/25/24 | Pending | -- | -- | -- |
| 06/21/2024 06/21/24 | Price Changed | $650,000 | -5.8% | $306 / Sq Ft |
| 05/14/2024 05/14/24 | Price Changed | $690,000 | -8.0% | $325 / Sq Ft |
| 03/19/2024 03/19/24 | Price Changed | $750,000 | -9.1% | $353 / Sq Ft |
| 01/17/2024 01/17/24 | For Sale | $825,000 | -- | $389 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
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 | $5,554 | $650,000 | $560,000 | $90,000 |
| 2024 | $5,554 | $430,259 | $344,212 | $86,047 |
| 2023 | $5,455 | $421,823 | $337,463 | $84,360 |
| 2022 | $5,215 | $413,553 | $330,847 | $82,706 |
| 2021 | $5,143 | $405,445 | $324,360 | $81,085 |
| 2020 | $5,191 | $401,289 | $321,035 | $80,254 |
| 2019 | $4,995 | $393,422 | $314,741 | $78,681 |
| 2018 | $4,870 | $385,709 | $308,570 | $77,139 |
| 2016 | $4,648 | $370,734 | $296,589 | $74,145 |
| 2015 | $4,582 | $365,166 | $292,134 | $73,032 |
| 2014 | $4,611 | $358,014 | $286,412 | $71,602 |
Source: Public Records
Agents Affiliated with this Home
-
Jeff Anderson
-
Juan Huizar
Seller Co-Listing Agent in 2024
Juan Huizar
Sage Real Estate Group, Inc.
(562) 307-0838
2 in this area
98 Total Sales
-
Daniel Hernandez
D
Buyer's Agent in 2024
Daniel Hernandez
Executive Bankers Realty
(323) 523-4259
1 in this area
44 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW24006464
APN: 6020-021-029
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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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