Seller's Agent in 2024
Cornelius Jackson
Vylla Home, Inc.
(619) 862-1627
1 in this area
35 Total Sales
742 E 78th St Los Angeles, CA 90001
Florence NeighborhoodEstimated Value: $696,000 - $801,033
4
Beds
3
Baths
1,718
Sq Ft
$434/Sq Ft
Est. Value
Highlights
- No HOA
- Living Room
- Tile Flooring
- Neighborhood Views
- Laundry Room
- Ceiling Fan
About This Home
As of April 2024**Investor’s Special** Three-unit multi-family investment property located in the heart of Los Angeles close to downtown and only 5 miles from SOFi Stadium or the University of Southern California. The Front unit is a 3 bedroom, 1bath with a laundry room, the middle unit is a 1 bedroom, 1 bath and the rear unit is a 1 bedroom, 1 bath with an extra small room. Each unit has its own full kitchen and bath and is loaded with charm. Repairs and TLC are needed in all units. There's also a 2 car detached garage that could be conveyed into an ADU or kelp as a garage. This property is located close to schools, shopping, churches, Transportation and the bus lines are within walking distance. Property will be delivered with long term tenants occupying all units. DO NOT DISTURB TENANTS! The Appraised value is there and once the repairs are done, it will only increase the value!!! Buyer’s agent to verify everything.
Last Agent to Sell the Property
Vylla Home, Inc. Brokerage Email: cornelius.jackson@redfin.com License #01824362 Listed on: 09/13/2023
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1956
Lot Details
- 5,976 Sq Ft Lot
- No Common Walls
- Wrought Iron Fence
- Chain Link Fence
- Density is up to 1 Unit/Acre
Parking
- 2 Car Garage
- Parking Available
- Rear-Facing Garage
- Driveway
Home Design
- Triplex
- Entry on the 1st floor
Interior Spaces
- 1,718 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Living Room
- Neighborhood Views
- Window Bars
- Laundry Room
Flooring
- Carpet
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- 3 Bathrooms
Additional Features
- Exterior Lighting
- Wall Furnace
Listing and Financial Details
- Tenant pays for all utilities
- Tax Lot 900
- Tax Tract Number 6
- Assessor Parcel Number 6023031028
- $318 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 3 Buildings
- 3 Units
Building Details
- 3 Leased Units
- Rent Control
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 2 Separate Water Meters
- Insurance Expense $5,000
- Operating Expense $5,000
- Gross Income $62,400
- Net Operating Income $54,400
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 13, 2023
Closed on
Mar 28, 2024
Sold by
Bought by
Seller's Agent
Cornelius Jackson
Vylla Home, Inc.
Buyer's Agent
Marianne Yoo
Siroh Realty & Investment Inc
List Price
$690,000
Sold Price
$640,000
Premium/Discount to List
-$50,000
-7.25%
Views
279
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$105,508
Avg. Annual Appreciation
7.36%
Original Mortgage
$192,000
Outstanding Balance
$189,142
Interest Rate
6.9%
Mortgage Type
New Conventional
Estimated Equity
$556,366
Purchase Details
Closed on
Sep 4, 2019
Sold by
Bought by
Purchase Details
Closed on
Jan 2, 2019
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
7%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Nov 22, 2002
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
6.06%
Purchase Details
Closed on
Feb 25, 1994
Sold by
Bought by
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $660,000 | Title Forward Of California In | ||
| -- | None Available | ||
| -- | Nextitle A Title And Escrow | ||
| -- | United Title Company | ||
| -- | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $192,000 | ||
| Previous Owner | $160,000 | ||
| Previous Owner | $125,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/04/2024 04/04/24 | Sold | $640,000 | -7.2% | $373 / Sq Ft |
| 02/27/2024 02/27/24 | Pending | -- | -- | -- |
| 09/13/2023 09/13/23 | For Sale | $690,000 | -- | $402 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $8,356 | $673,200 | $499,800 | $173,400 |
| 2024 | $753 | $42,709 | $13,660 | $29,049 |
| 2023 | $743 | $41,873 | $13,393 | $28,480 |
| 2022 | $715 | $41,053 | $13,131 | $27,922 |
| 2021 | $696 | $40,249 | $12,874 | $27,375 |
| 2020 | $696 | $39,837 | $12,742 | $27,095 |
| 2019 | $679 | $39,057 | $12,493 | $26,564 |
| 2018 | $608 | $38,293 | $12,249 | $26,044 |
| 2016 | $560 | $36,808 | $11,774 | $25,034 |
| 2015 | $553 | $36,256 | $11,598 | $24,658 |
| 2014 | $568 | $35,546 | $11,371 | $24,175 |
Source: Public Records
Agents Affiliated with this Home
-
Cornelius Jackson
-
Marianne Yoo
M
Buyer's Agent in 2024
Marianne Yoo
Siroh Realty & Investment Inc
(714) 341-9987
2 in this area
17 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SW23170111
APN: 6023-031-028
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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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