V
Seller's Agent in 2023
Vanessa Penado
Excellence RE Real Estate
(562) 413-5896
2 in this area
5 Total Sales
701 W 74th St Los Angeles, CA 90044
Vermont Knolls NeighborhoodEstimated Value: $927,000 - $3,115,000
5
Beds
3
Baths
8,928
Sq Ft
$234/Sq Ft
Est. Value
Highlights
- New Construction
- Open Floorplan
- Attic
- Primary Bedroom Suite
- Fireplace in Primary Bedroom
- Granite Countertops
About This Home
As of June 2023BEAUTIFUL NEW CONSTRUCTION....... LUXURIOUS CONTEMPORARY QUAD-DUPLEX, THIS IS A TRI LEVEL SIDE BY SIDE UNITS, TWO SEPARATE BUILDINGS.. 5 BED 5 BATH EACH UNIT THESE ARE THE LARGEST FLOOR PLANS IN LA... ALL UNITS ARE EN SUIT BATHROOMS AND BALCONIES IN MOST BEDROOMS, AMPLE WINDOWS AND WALKIN CLOSETS, STAINLESS STEEL APPLIANCES, LOW VOLTAGE LED LIGHTING FOR FOR ENERGY SAVING, LAUNDRY ROOMS IN ALL UNITS, TANKLESS WATER HEATERS FOR INSTANT HOT WATER IN EACH UNIT, PLENTY OF PARKING, ATTACHED GARAGES IN REAR FOR EACH UNIT, ALL UNITS ARE METERED INDIVIDUALLY, SECURITY GATES SURROUNDING BUILDING, THIS IS A SELF SUSTAINABLE PROPERTY WITH LOW COST MAINTENANCE, LOW DROUGHT TOLERANT LANDSCAPE, SOLAR PANELS INCLUDED, VERY BEAUTIFUL BUILDING BUILT IN 2023 AND EASY TO RENT, THIS IS A NO RENT CONTROL PROPERTY.
Last Agent to Sell the Property
Excellence RE Real Estate License #01707197 Listed on: 03/09/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $30,442
Year Built
- Built in 2023 | New Construction
Lot Details
- 7,005 Sq Ft Lot
- 1 Common Wall
- Paved or Partially Paved Lot
- Back and Front Yard
- Density is up to 1 Unit/Acre
Parking
- 4 Car Garage
Home Design
- Quadruplex
Interior Spaces
- 8,928 Sq Ft Home
- Open Floorplan
- Crown Molding
- Recessed Lighting
- Electric Fireplace
- Gas Fireplace
- Entryway
- Living Room with Fireplace
- Dining Room with Fireplace
- Laminate Flooring
- Attic
Kitchen
- Gas Range
- Free-Standing Range
- Range Hood
- Microwave
- Ice Maker
- Water Line To Refrigerator
- Granite Countertops
- Disposal
- Fireplace in Kitchen
Bedrooms and Bathrooms
- 5 Bedrooms
- Fireplace in Primary Bedroom
- Primary Bedroom Suite
- Multi-Level Bedroom
- Walk-In Closet
- Fireplace in Bathroom
Laundry
- Laundry Room
- Gas And Electric Dryer Hookup
Outdoor Features
- Living Room Balcony
- Exterior Lighting
Utilities
- Cooling System Powered By Gas
- Central Heating and Cooling System
- Vented Exhaust Fan
- Natural Gas Connected
- Tankless Water Heater
- Cable TV Available
Listing and Financial Details
- Tax Lot 92
- Tax Tract Number 92
- Assessor Parcel Number 6020026016
Community Details
Overview
- 2 Buildings
- 4 Units
Building Details
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 4 Separate Water Meters
- Insurance Expense $2,750
- Maintenance Expense $1,500
- New Taxes Expense $32,130
- Operating Expense $36,380
- Gross Income $203,620
- Net Operating Income $203,620
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 26, 2023
Sold by
Jv & Investments Group Llc
Bought by
Shalom 26 Llc
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,715,000
Interest Rate
6.35%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 14, 2023
Sold by
Vivanco Living Trust
Bought by
Jv & Investments Group Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,715,000
Interest Rate
6.35%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 19, 2019
Sold by
Jv & Investments Group
Bought by
Vivanco Juan and Vivanco Living Trust
Purchase Details
Closed on
May 13, 2011
Sold by
California Realty & Investment Group Inc
Bought by
Jv & Investments Group Llc
Purchase Details
Closed on
Nov 3, 2009
Sold by
Vivanco David
Bought by
California Realty & Investment Group
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,000
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Oct 6, 2009
Sold by
Jpmorgan Chase Bank National Association
Bought by
Vivanco David
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,000
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Oct 2, 2009
Sold by
Carrasco Vivian
Bought by
Vivanco David
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,000
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jul 9, 2008
Sold by
Burgos Ana E
Bought by
Washington Mutual Bank
Purchase Details
Closed on
Jan 23, 2003
Sold by
Nolasco Ricardo and Flores Genaro
Bought by
Burgos Ana E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Interest Rate
7.62%
Purchase Details
Closed on
Apr 11, 2001
Sold by
The Provident Bank
Bought by
Alamitos 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
$171,500
Interest Rate
6.98%
Purchase Details
Closed on
Aug 10, 2000
Sold by
Huff Travis W and Curtis Theodore E
Bought by
The Provident Bank
Purchase Details
Closed on
Apr 6, 1998
Sold by
Curtis Theodore E
Bought by
Mann Mary Ella and Buford Travis
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 |
|---|---|---|---|
| Shalom 26 Llc | $2,450,000 | Wfg National Title | |
| Jv & Investments Group Llc | -- | -- | |
| Vivanco Juan | -- | None Available | |
| Jv & Investments Group Llc | -- | None Available | |
| California Realty & Investment Group | -- | None Available | |
| Vivanco David | $162,000 | First American Title Company | |
| Vivanco David | -- | First American Title Company | |
| Washington Mutual Bank | $232,000 | None Available | |
| Burgos Ana E | -- | Atc | |
| Alamitos Properties Inc | $127,500 | Lawyers Title Company | |
| The Provident Bank | $169,000 | Orange Coast Title | |
| Mann Mary Ella | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Shalom 26 Llc | $1,715,000 | |
| Previous Owner | Vivanco David | $162,000 | |
| Previous Owner | Burgos Ana E | $264,000 | |
| Previous Owner | Alamitos Properties Inc | $171,500 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/26/2023 06/26/23 | Sold | $2,450,000 | -9.3% | $274 / Sq Ft |
| 04/21/2023 04/21/23 | Pending | -- | -- | -- |
| 04/19/2023 04/19/23 | For Sale | $2,700,000 | 0.0% | $302 / Sq Ft |
| 03/17/2023 03/17/23 | Pending | -- | -- | -- |
| 03/09/2023 03/09/23 | For Sale | $2,700,000 | -- | $302 / 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 | $30,442 | $2,548,980 | $1,300,500 | $1,248,480 |
| 2024 | $30,442 | $2,499,000 | $1,275,000 | $1,224,000 |
| 2023 | $4,453 | $332,476 | $258,595 | $73,881 |
| 2022 | $4,263 | $325,958 | $253,525 | $72,433 |
| 2021 | $5,515 | $431,423 | $303,108 | $128,315 |
| 2020 | $5,567 | $427,000 | $300,000 | $127,000 |
| 2019 | $4,084 | $310,090 | $241,183 | $68,907 |
| 2018 | $3,960 | $304,010 | $236,454 | $67,556 |
| 2017 | $3,880 | $298,050 | $231,818 | $66,232 |
| 2016 | $3,775 | $292,207 | $227,273 | $64,934 |
| 2015 | $3,723 | $287,819 | $223,860 | $63,959 |
| 2014 | $3,757 | $282,182 | $219,475 | $62,707 |
Source: Public Records
Agents Affiliated with this Home
-
Vanessa Penado
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: DW23039817
APN: 6020-026-016
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