NOT LISTED FOR SALE

650 E 78th St Los Angeles, CA 90001

Florence Neighborhood

Estimated Value: $674,000 - $746,000

4 Beds
3 Baths
1,831 Sq Ft
$384/Sq Ft Est. Value

Last Sold December 14, 2016

Last sale price $400,000 $218 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $4,165/month

20 Days on Market

About This Home

As of December 2016

Great units pride of ownership

Last Agent to Sell the Property

aurora eguino

KING REALTY GROUP, INC License #01021560 Listed on: 09/01/2016

Last Buyer's Agent

CORNEL PARASCHIV

FUTURE HOME REALTY License #01215185

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1954

Lot Details

  • 5,960 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 3 Car Garage

Home Design

  • 1,831 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Listing and Financial Details

  • Tax Lot 888
  • Tax Tract Number 6097
  • Assessor Parcel Number 6023032028

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 1,954 Units

Building Details

  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $900
  • Insurance Expense $1,300
  • Trash Expense $240
  • Water Sewer Expense $1,440
  • New Taxes Expense $5,322
  • Gross Income $2,798
  • Net Operating Income $30,168

Property Details

Home Type

Multi-Family

Year Built

Built in 1954

Lot Details

0

Parking

3

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 1440.00
  • Zoning: LAR2
  • Property Type: Residential Income
  • Gardener Expense: 900.00
  • Parcel Number: 6023032028
  • Year Built: 1954
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 218.46

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Available
  • Trash Expense: 240.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5960.00
  • Price Per Lot Square Foot: 71.31

Multi Family

  • Gross Income: 2798.00
  • Gross Scheduled Income: 32748.00
  • Insurance Expense: 1300.00
  • Net Operating Income: 30168.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 1954
  • Operating Expense: 2580.00
  • Rent Control: Yes

Tax Info

  • New Taxes Expense: 5322.00
  • Tax Lot: 888
  • Tax Tract Number: 6097

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 28, 2016
Sold by
Izquierdo Laura Helena
Bought by
Vasquez Mario and Vasquez Roberto
Current Estimated Value
$703,881

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
3.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 1, 2015
Sold by
Izquierdo Alex M
Bought by
Izquierdo Laura Helena

Purchase Details

Closed on
Aug 5, 1997
Sold by
Bank Of America Nt & Sa
Bought by
Leban Jennifer

Purchase Details

Closed on
Aug 1, 1997
Sold by
Leban Jennifer
Bought by
Izquierdo Alex Mauricio and Izquierdo Laura Helena

Purchase Details

Closed on
Nov 12, 1996
Sold by
Williams Rosa Mae and Bank Of America Nt & Sa
Bought by
Bank Of America Nt & Sa
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

Date Buyer Sale Price Title Company
Vasquez Mario $400,000 Ticor
Izquierdo Laura Helena -- None Available
Leban Jennifer $96,000 --
Izquierdo Alex Mauricio -- --
Bank Of America Nt & Sa $137,961 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vasquez Mario $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/14/2016 12/14/16 Sold $400,000 -5.9% $218 / Sq Ft
09/21/2016 09/21/16 Pending -- -- --
09/01/2016 09/01/16 For Sale $425,000 -- $232 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

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 $5,857 $464,228 $255,326 $208,902
2024 $5,857 $455,126 $250,320 $204,806
2023 $5,749 $446,203 $245,412 $200,791
2022 $5,489 $437,454 $240,600 $196,854
2021 $5,417 $428,878 $235,883 $192,995
2020 $5,468 $424,482 $233,465 $191,017
2019 $5,261 $416,160 $228,888 $187,272
2018 $5,163 $408,000 $224,400 $183,600
2016 $2,985 $229,289 $134,879 $94,410
2015 $2,945 $225,845 $132,853 $92,992
2014 $2,974 $221,422 $130,251 $91,171
Source: Public Records

Agents Affiliated with this Home

  • a

    Seller's Agent in 2016

    aurora eguino

    KING REALTY GROUP, INC

    (323) 896-3446

    18 Total Sales

    aurora eguino
    Section Image

  • C

    Buyer's Agent in 2016

    CORNEL PARASCHIV

    FUTURE HOME REALTY

    (562) 964-5554

    6 Total Sales

    CORNEL PARASCHIV
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV16192789

California Regional Multiple Listing Service (CRMLS)

APN: 6023-032-028

California Los Angeles County Los Angeles 90001 Florence

650 E 78th St, Los Angeles, CA

Not Listed for Sale

MultiFamily

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