NOT LISTED FOR SALE

701 W 78th St Los Angeles, CA 90044

Vermont Knolls Neighborhood

Estimated Value: $769,000 - $878,000

5 Beds
4 Baths
2,788 Sq Ft
$293/Sq Ft Est. Value

Last Sold April 19, 2020

Last sale price $585,000 $210 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $5,087/month

104 Days on Market

About This Home

As of April 2020

Trust Sale, $-Units, Single Family Residence at front & 2-story 3 -unit building at back. Substantial Tenant Courtyard Parking. Separately metered. Do not disturb Tenants. Tenants Section 8 Tenants. Sold AS IS, seller will not make any repairs. Seller will require Notice of Proposed action for the confirmation of the property. Seller has no knowledge of the condition of the property. Buyer to verify all sizes, zoning & all information.

Last Agent to Sell the Property

Anthony Fitzgerald

Braun International Real Estate License #01248708 Listed on: 10/24/2019

Last Buyer's Agent

Richard Zigrang

NON-MEMBER/NBA or BTERM OFFICE License #01992790

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,983

Year Built

  • Built in 1921

Lot Details

  • 7,001

Parking

  • 5 Parking Spaces

Home Design

  • 2,788 Sq Ft Home

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Additional Features

  • 7,001 Sq Ft Lot
  • Central Heating

Community Details

  • 2 Buildings
  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 6020-018-016

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,983

Year Built

Built in 1921

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Living Area: 2788
  • Probate: No
  • Year Built: 1921
  • Number Of Photos: 11
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 5
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 4.00
  • Den: 0
  • Price Per S Q F T: 250.72

Exterior Features

  • Other Structures: Other
  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Parking Garage: Parking Space
  • Total Parking: 5

Utilities

  • Heating: Central

Lot Info

  • Assessed Improvement Value: 102881
  • Assessed Land Value: 175653
  • Assessor Parcel Number: 6020-018-016
  • Geocode Override: No
  • Lot Size Area: 7001

Rental Info

  • Total Actual Rent: 57408.00
  • Land Lease Type: Fee

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 12.18
  • Number Of Units: 4
  • Rent Control: 100
  • Total Annual Expense: 00000
  • Type Of Units: 4
  • Vacancy Rate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 6, 2020
Sold by
Iryami Mehrdad
Bought by
Mch26 Llc
Current Estimated Value
$818,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$468,000
Outstanding Balance
$416,837
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$422,163

Purchase Details

Listed on
Oct 24, 2019
Closed on
Apr 8, 2020
Sold by
Brown Keenan and Ollie Holmes Holland Trust
Bought by
Iryami Mehrdad
Seller's Agent
Anthony Fitzgerald
Braun International Real Estate
Buyer's Agent
Richard Zigrang
NON-MEMBER/NBA or BTERM OFFICE
List Price
$699,000
Sold Price
$585,000
Premium/Discount to List
-$114,000
-16.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.91%
Original Mortgage
$468,000
Interest Rate
3.2%
Mortgage Type
Unknown

Purchase Details

Listed on
Oct 24, 2019
Closed on
Apr 7, 2020
Sold by
Lavi Dahila
Bought by
Iryami Mehrdad
Seller's Agent
Anthony Fitzgerald
Braun International Real Estate
Buyer's Agent
Richard Zigrang
NON-MEMBER/NBA or BTERM OFFICE
List Price
$699,000
Sold Price
$585,000
Premium/Discount to List
-$114,000
-16.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$468,000
Interest Rate
3.2%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 24, 2004
Sold by
Holland O J and Holmes Steven Andre
Bought by
Holland Ollie J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Interest Rate
5.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 16, 2002
Sold by
Holland O J
Bought by
Holland O J and Holmes Steven Andre

Purchase Details

Closed on
Jul 24, 2001
Sold by
Hud
Bought by
Holland O J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
6.73%

Purchase Details

Closed on
May 26, 2000
Sold by
White Mountains Services Corp
Bought by
Hud

Purchase Details

Closed on
Oct 30, 1998
Sold by
Ruelas Humberto
Bought by
Abarca Asencion

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,618
Interest Rate
6.98%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Mch26 Llc -- Accommodation
Iryami Mehrdad $585,000 Wfg Title Company
Iryami Mehrdad -- Wfg Title Company
Holland Ollie J -- First American Title Company
Holland O J -- --
Holland O J $180,000 Landsafe Title
Hud -- --
White Mountains Services Corp $186,679 Fidelity National Title
Abarca Asencion $169,000 American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Iryami Mehrdad $468,000
Previous Owner Iryami Mehrdad $468,000
Previous Owner Holland Ollie J $288,000
Previous Owner Holland O J $175,000
Previous Owner Holland O J $50,000
Previous Owner Holland O J $0
Previous Owner Holland O J $144,000
Previous Owner Abarca Asencion $167,618
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/19/2020 04/19/20 Sold $585,000 -16.3% $210 / Sq Ft
02/05/2020 02/05/20 Pending -- -- --
10/24/2019 10/24/19 For Sale $699,000 -- $251 / Sq Ft
Source: The MLS

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 $7,983 $633,221 $487,093 $146,128
2024 $7,983 $620,806 $477,543 $143,263
2023 $7,839 $608,634 $468,180 $140,454
2022 $7,492 $596,700 $459,000 $137,700
2021 $7,388 $585,000 $450,000 $135,000
2020 $4,057 $295,579 $186,403 $109,176
2019 $3,913 $289,785 $182,749 $107,036
2018 $3,791 $284,104 $179,166 $104,938
2016 $3,606 $273,073 $172,209 $100,864
2015 $3,558 $268,972 $169,623 $99,349
2014 $3,598 $263,704 $166,301 $97,403
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2020

    Anthony Fitzgerald

    Braun International Real Estate

    Section Image

  • R

    Buyer's Agent in 2020

    Richard Zigrang

    NON-MEMBER/NBA or BTERM OFFICE

  • C

    Buyer's Agent in 2020

    Carlos Estrada

See All Agents

Map

Source: The MLS

MLS Number: 19-523938

The MLS

APN: 6020-018-016

California Los Angeles County Los Angeles 90044 Vermont Knolls

701 W 78th St, Los Angeles, CA

This home is located at 701 W 78th St, Los Angeles, CA 90044 since 24 October 2019 and is currently estimated at $818,000, approximately $293 per square foot. This property was built in 1921. 701 W 78th St is a home located in Los Angeles County with nearby schools including Loren Miller Elementary School, Mary McLeod Bethune Middle School, and Academy For Multiligual Arts And Science At Mervyn M. Dymally High.

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