NOT LISTED FOR SALE

707 W 77th St Los Angeles, CA 90044

Vermont Knolls Neighborhood

Estimated Value: $726,000 - $815,000

4 Beds
3 Baths
1,824 Sq Ft
$419/Sq Ft Est. Value

Last Sold April 15, 2015

Last sale price $395,000 $217 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $4,664/month

6 Days on Market

Highlights

  • Laundry Room
  • Tile Flooring
  • Wall Furnace

About This Home

As of April 2015

Step into this well kept, freshly painted 3 unit income property situated in a very high rental demand area. Front house has 3 bedrooms/1 bathroom, rear units have 1bedroom/1 bathroom each. Easy access to 110 freeway.

Last Agent to Sell the Property

Yulia Amaya

Realty World Allensworth License #01955386 Listed on: 03/03/2015

Last Buyer's Agent

Mike Marcu

Mike Marcu, Broker License #00919594

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,997

Year Built

  • Built in 1923

Lot Details

  • 7,001 Sq Ft Lot
  • No Common Walls
  • Block Wall Fence
  • Chain Link Fence
  • Density is 2-5 Units/Acre

Parking

  • 6 Parking Spaces

Home Design

  • 1,824 Sq Ft Home

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Home Security

  • Window Bars
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Additional Features

  • Exterior Lighting
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 243
  • Tax Tract Number 23772
  • Assessor Parcel Number 6020019017

Community Details

Overview

  • 3 Buildings
  • 3 Units

Building Details

  • 2 Leased Units
  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $55
  • Insurance Expense $468
  • Water Sewer Expense $100
  • New Taxes Expense $4,331
  • Gross Income $2,945
  • Net Operating Income $30,480

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,997

Year Built

Built in 1923

Lot Details

0

Listing Details

  • CapRate: 7.00
  • Property Attached: No
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s), Window Bars
  • Water Sewer Expenses: 100.00
  • Property Type: Residential Income
  • Gardener Expense: 55.00
  • Parcel Number: 6020019017
  • Year Built: 1923
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile
  • Levels: One
  • Price Per Square Foot: 216.56

Exterior Features

  • Fencing: Block, Chain Link
  • Pool Private: No

Garage/Parking

  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Gas Dryer Hookup, Individual Room, Washer Hookup
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks, Street Lights

Lot Info

  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 7001.00
  • Lot Size Acres: 0.1610

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Income: 2945.00
  • Gross Multiplier: 10.80
  • Gross Scheduled Income: 35340.00
  • Insurance Expense: 468.00
  • Lot Size Area: 7001.0000 Square Feet
  • Net Operating Income: 30480.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 3
  • Number With Range: 1
  • Operating Expense: 405.00
  • Rent Control: Yes

Tax Info

  • New Taxes Expense: 4331.00
  • Tax Lot: 243
  • Tax Tract Number: 23772
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 22, 2016
Sold by
Mittal Assets Lp
Bought by
Mittal Assets Lp
Current Estimated Value
$764,283

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,900
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Mar 3, 2015
Closed on
Mar 25, 2015
Sold by
Amaya Yulia
Bought by
Amaya Julian
Seller's Agent
Yulia Amaya
Realty World Allensworth
Buyer's Agent
Mike Marcu
Mike Marcu, Broker
List Price
$385,000
Sold Price
$395,000
Premium/Discount to List
$10,000
2.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.59%
Original Mortgage
$22,822,000
Outstanding Balance
$17,676,229
Interest Rate
3.67%
Mortgage Type
Credit Line Revolving
Estimated Equity
-$16,911,946

Purchase Details

Listed on
Mar 3, 2015
Closed on
Mar 11, 2015
Sold by
Amaya Julian
Bought by
Mittal Assets Lp
Seller's Agent
Yulia Amaya
Realty World Allensworth
Buyer's Agent
Mike Marcu
Mike Marcu, Broker
List Price
$385,000
Sold Price
$395,000
Premium/Discount to List
$10,000
2.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$22,822,000
Outstanding Balance
$17,676,229
Interest Rate
3.67%
Mortgage Type
Credit Line Revolving
Estimated Equity
-$16,911,946

Purchase Details

Closed on
Oct 27, 1999
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Amaya Julian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,500
Interest Rate
7.82%

Purchase Details

Closed on
Apr 14, 1999
Sold by
Murray Harold
Bought by
Federal Home Loan Mortgage Corporation
Source: Public Records

Range of Values:

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Average Value
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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
Mittal Assets Lp -- Wfg National Title
Amaya Julian -- Pacific Coast Title
Mittal Assets Lp $395,000 Pacific Coast Title
Amaya Julian $145,000 First American Title Co
Federal Home Loan Mortgage Corporation $115,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mittal Assets Lp $289,900
Closed Mittal Assets Lp $284,900
Closed Mittal Assets Lp $284,900
Open Mittal Assets Lp $22,822,000
Previous Owner Amaya Julian $180,000
Previous Owner Amaya Julian $175,000
Previous Owner Amaya Julian $164,500
Previous Owner Murray Harold $77,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/15/2015 04/15/15 Sold $395,000 +2.6% $217 / Sq Ft
03/09/2015 03/09/15 Pending -- -- --
03/03/2015 03/03/15 For Sale $385,000 -- $211 / 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 $5,997 $474,723 $240,367 $234,356
2024 $5,997 $465,415 $235,654 $229,761
2023 $5,890 $456,290 $231,034 $225,256
2022 $5,630 $447,344 $226,504 $220,840
2021 $5,553 $438,573 $222,063 $216,510
2020 $5,606 $434,077 $219,787 $214,290
2019 $5,394 $425,567 $215,478 $210,089
2018 $5,296 $417,223 $211,253 $205,970
2016 $5,059 $401,023 $203,050 $197,973
2015 $2,489 $185,423 $127,881 $57,542
2014 -- $181,791 $125,376 $56,415
Source: Public Records

Agents Affiliated with this Home

  • Yulia Amaya

    Seller's Agent in 2015

    Yulia Amaya

    Realty World Allensworth

    (562) 852-4950

    32 Total Sales

    Section Image
  • Mike Marcu

    Buyer's Agent in 2015

    Mike Marcu

    Mike Marcu, Broker

    (562) 260-0940

    19 Total Sales

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW15044943

California Regional Multiple Listing Service (CRMLS)

APN: 6020-019-017

California Los Angeles County Los Angeles 90044 Vermont Knolls

707 W 77th St, Los Angeles, CA

This home is located at 707 W 77th St, Los Angeles, CA 90044 since 03 March 2015 and is currently estimated at $764,283, approximately $419 per square foot. This property was built in 1923. 707 W 77th 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

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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