K
Seller's Agent in 2024
Kyle Tang
L.S. Gateway Realtors
(714) 894-3477
1 in this area
7 Total Sales
629 E 78th St Los Angeles, CA 90001
Florence NeighborhoodEstimated Value: $1,179,683 - $1,194,000
10
Beds
6
Baths
3,506
Sq Ft
$338/Sq Ft
Est. Value
Highlights
- Gated Parking
- Laundry Room
- 3 Car Garage
- City Lights View
- Forced Air Heating System
- Vinyl Flooring
About This Home
As of July 2024Seize this rare opportunity to own a highly desirable front-and-back unit duplex, built in 2012. This exceptional property features 3,506 square feet of living space, comprising two distinct 5-bedroom, 3-bathroom townhouse-style units. Each unit offers an upstairs and downstairs, providing ample space and privacy.
The property includes a separate 3-car garage accessible via back gates, along with off-street parking for at least two additional vehicles. Each unit is equipped with dual-pane vinyl windows, granite countertops in the kitchen, and solid wood cabinets throughout. The kitchen and bathrooms feature tile flooring, enhancing durability and ease of maintenance.
The front unit is currently tenanted, providing a steady monthly rental income. The rear unit has been newly painted and fitted with vinyl plank flooring, making it turn-key and ready for immediate occupancy by buyer or new tenants.
This property generates positive cash flow, with rental income exceeding operating expenses when all units are leased. Buyers are advised to verify all information, including rental income and expenses. Inquire with Agent for additional information.
Location is 5 miles from SoFi Stadium; near the 110 and 105 freeways.
Last Agent to Sell the Property
L.S. Gateway Realtors Brokerage Phone: 714-454-0363 License #02131157 Listed on: 06/06/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,924
Year Built
- Built in 2012
Lot Details
- 5,736 Sq Ft Lot
- 1 Common Wall
- Density is 2-5 Units/Acre
Parking
- 3 Car Garage
- 4 Open Parking Spaces
- Parking Available
- Tandem Uncovered Parking
- Gated Parking
- Off-Street Parking
Property Views
- City Lights
- Neighborhood
Home Design
- Duplex
- Slab Foundation
- Fire Rated Drywall
- Stucco
Interior Spaces
- 3,506 Sq Ft Home
- 2-Story Property
- Vinyl Flooring
- Fire and Smoke Detector
Bedrooms and Bathrooms
- 10 Bedrooms
- 6 Bathrooms
Laundry
- Laundry Room
- Gas And Electric Dryer Hookup
Additional Features
- Exterior Lighting
- Forced Air Heating System
Listing and Financial Details
- Tax Lot 874
- Tax Tract Number 6
- Assessor Parcel Number 6023025025
- $465 per year additional tax assessments
Community Details
Overview
- 2 Units
Building Details
- 1 Leased Unit
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
- Gardener Expense $780
- Insurance Expense $1,351
- Pest Control $42
- Professional Management Expense $4,596
- Water Sewer Expense $2,049
- New Taxes Expense $14,375
- Operating Expense $23,193
- Gross Income $81,783
- Net Operating Income $81,783
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Mar 12, 2025
Sold by
Alamdar Husnain
Bought by
Alamdar Family Trust and Alamdar
Current Estimated Value
Purchase Details
Listed on
Jun 6, 2024
Closed on
Jul 12, 2024
Sold by
Ho Minh Q and Ho Mary Kim
Bought by
Alamdar Husnain
Seller's Agent
Kyle Tang
L.S. Gateway Realtors
List Price
$1,150,000
Sold Price
$1,150,000
Views
9
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.76%
Original Mortgage
$740,000
Interest Rate
6.99%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jun 6, 2024
Closed on
Jul 9, 2024
Sold by
Ho Minh Q and Ho Mary Kim
Bought by
Alamdar Husnain
Seller's Agent
Kyle Tang
L.S. Gateway Realtors
List Price
$1,150,000
Sold Price
$1,150,000
Views
9
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$740,000
Interest Rate
6.99%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 8, 2012
Sold by
Ocean Development Inc
Bought by
Ho Minh Q
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,500
Interest Rate
3.63%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 24, 2011
Sold by
Crowder Terry L
Bought by
Seacliff Properties Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
4.9%
Mortgage Type
Stand Alone First
Purchase Details
Closed on
Dec 2, 1999
Sold by
Freeman Margaret C
Bought by
Freeman Margaret Crowder and The Margaret Crowder Freeman Family Tr
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 |
|---|---|---|---|
| Alamdar Family Trust | -- | None Listed On Document | |
| Alamdar Husnain | $1,150,000 | Fidelity National Title | |
| Alamdar Husnain | -- | Fidelity National Title | |
| Alamdar Husnain | $1,150,000 | Fidelity National Title | |
| Alamdar Husnain | $1,150,000 | Fidelity National Title | |
| Ho Minh Q | $515,000 | Lawyers Title | |
| Seacliff Properties Inc | $140,000 | Fidelity Van Nuys | |
| Freeman Margaret Crowder | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Alamdar Husnain | $740,000 | |
| Previous Owner | Alamdar Husnain | $740,000 | |
| Previous Owner | Ho Minh Q | $316,000 | |
| Previous Owner | Ho Minh Q | $360,500 | |
| Previous Owner | Seacliff Properties Inc | $270,000 | |
| Previous Owner | Seacliff Properties Inc | $45,000 | |
| Previous Owner | Seacliff Properties Inc | $58,000 | |
| Previous Owner | Freeman Margaret C | $39,453 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/19/2024 07/19/24 | Sold | $1,150,000 | 0.0% | $328 / Sq Ft |
| 06/06/2024 06/06/24 | For Sale | $1,150,000 | +123.3% | $328 / Sq Ft |
| 07/29/2012 07/29/12 | Sold | $515,000 | 0.0% | $145 / Sq Ft |
| 05/23/2012 05/23/12 | Pending | -- | -- | -- |
| 01/23/2012 01/23/12 | For Sale | $515,000 | -- | $145 / 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 | $7,924 | $1,150,000 | $850,000 | $300,000 |
| 2024 | $7,924 | $621,740 | $271,633 | $350,107 |
| 2023 | $7,776 | $609,550 | $266,307 | $343,243 |
| 2022 | $7,422 | $597,599 | $261,086 | $336,513 |
| 2021 | $7,316 | $585,882 | $255,967 | $329,915 |
| 2019 | $7,101 | $568,507 | $248,376 | $320,131 |
| 2018 | $7,006 | $557,360 | $243,506 | $313,854 |
| 2016 | $6,669 | $535,718 | $234,051 | $301,667 |
| 2015 | $6,574 | $527,672 | $230,536 | $297,136 |
| 2014 | $6,604 | $517,337 | $226,021 | $291,316 |
Source: Public Records
Agents Affiliated with this Home
-
Kyle Tang
-
Kelvin Tran
Seller Co-Listing Agent in 2024
Kelvin Tran
L.S. Gateway Realtors
(714) 454-0363
1 in this area
28 Total Sales
-
Kevin Keenan
Seller's Agent in 2012
Kevin Keenan
Millennium K2 Realty
(310) 345-2110
2 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW24115137
APN: 6023-025-025
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