NOT LISTED FOR SALE

718 E 78th St Los Angeles, CA 90001

Florence Neighborhood

Estimated Value: $677,000 - $878,000

2 Beds
1 Bath
1,812 Sq Ft
$432/Sq Ft Est. Value

Last Sold October 24, 2013

Last sale price $340,000 $188 Per Sq Ft

Est. 130% increase in value since last sale

Current estimated payment $4,543/month

About This Home

As of October 2013

STANDARD SALE TWO UNITS WILL BE VACANT SELLERS ARE MOTIVATED AND READY TO SALE FRONT UNIT IS 2 BEDROOMS 1 BATH WITH A NICE OPEN FLOOR PLAN NICE TILE THROUGHOUT HOME KITCHEN WITH NICE CABINETS AND GRANITE COUNTER TOPS THERE IS A BONUS ROOM THAT CAN BE USED FOR ROOM ALSO. SECOND UNIT IS ALSO 2 BEDROOMS AND 1 BATH. EXTRA LONG DRIVEWAY FOR MULTIPLE CARS THERE IS ALSO A GARAGE CONVERSION, SELLER IS SELLING AS IS AND WILL NOT BE DOING REPAIRS. PROPERTY SHOWS WELL

Last Agent to Sell the Property

Javier Hernandez

SoCal 5 Real Estate License #01355030 Listed on: 08/16/2013

Last Buyer's Agent

Gerardo 'Jerry' Ascencio

Mission Real Estate License #01007667

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,280

Year Built

  • Built in 1925

Lot Details

  • 5,969 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Home Design

  • 1,812 Sq Ft Home

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Utilities

  • Sewer Paid

Listing and Financial Details

  • Tax Lot 894
  • Tax Tract Number 6
  • Assessor Parcel Number 6023031022

Community Details

Overview

  • 3 Buildings
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,280

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Attached: No
  • Property Type: Residential Income
  • Parcel Number: 6023031022
  • Year Built: 1925
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 187.64

Exterior Features

  • Pool Private: No

Utilities

  • Sewer: Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5969.00
  • Lot Size Acres: 0.1370

Multi Family

  • Lot Size Area: 5969.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Rent Control: Yes

Tax Info

  • Tax Lot: 894
  • Tax Tract Number: 6
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 16, 2013
Closed on
Sep 20, 2013
Sold by
Zuniga Alfonso and Zuniga Maria
Bought by
Sochon Mario Ricardo
Seller's Agent
Javier Hernandez
SoCal 5 Real Estate
Buyer's Agent
Gerardo 'Jerry' Ascencio
Mission Real Estate
List Price
$349,900
Sold Price
$340,000
Premium/Discount to List
-$9,900
-2.83%
Current Estimated Value
$782,216

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$442,216
Avg. Annual Appreciation
7.18%
Original Mortgage
$333,841
Outstanding Balance
$238,623
Interest Rate
3.37%
Mortgage Type
FHA
Estimated Equity
$543,593

Purchase Details

Closed on
Dec 4, 1997
Sold by
Aceves Elva
Bought by
Zuniga Alfonso and Zuniga Maria
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
Sochon Mario Ricardo $340,000 Nations Title
Zuniga Alfonso -- --
Aceves Elva -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sochon Mario Ricardo $333,841
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/24/2013 10/24/13 Sold $340,000 -2.8% $188 / Sq Ft
08/16/2013 08/16/13 Pending -- -- --
08/16/2013 08/16/13 For Sale $349,900 -- $193 / 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 $5,280 $416,781 $245,166 $171,615
2024 $5,280 $408,609 $240,359 $168,250
2023 $5,182 $400,598 $235,647 $164,951
2022 $4,949 $392,744 $231,027 $161,717
2021 $4,883 $385,045 $226,498 $158,547
2020 $4,928 $381,098 $224,176 $156,922
2019 $4,742 $373,627 $219,781 $153,846
2018 $4,620 $366,302 $215,472 $150,830
2016 $4,405 $352,080 $207,106 $144,974
2015 $4,342 $346,793 $203,996 $142,797
2014 $4,708 $340,000 $200,000 $140,000
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2013

    Javier Hernandez

    SoCal 5 Real Estate

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS13165503

California Regional Multiple Listing Service (CRMLS)

APN: 6023-031-022

California Los Angeles County Los Angeles 90001 Florence

718 E 78th St, Los Angeles, CA

This home is located at 718 E 78th St, Los Angeles, CA 90001 since 16 August 2013 and is currently estimated at $782,216, approximately $431 per square foot. This property was built in 1925. 718 E 78th St is a home located in Los Angeles County with nearby schools including McKinley Avenue Elementary School, Charles Drew 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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