NOT LISTED FOR SALE

742 E 79th St Unit 1-4 Los Angeles, CA 90001

Florence Neighborhood

Estimated Value: $767,000 - $979,386

4 Beds
3 Baths
2,568 Sq Ft
$329/Sq Ft Est. Value

Sale Details

Date Sold: August 27, 2019

Last sale price $629,000 $245 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $5,299 / mo

14 Days on Market

Highlights

  • Fireplace in Bathroom
  • Spanish Architecture
  • Heating System Uses Natural Gas

About This Home

As of August 2019

GREAT INVESTMENT OPPORTUNITY!

Last Agent to Sell the Property

Wendy Alvarez

Fathom Realty Group Inc License #01710714 Listed on: 06/25/2019

Fathom Realty Group Inc

Last Buyer's Agent

Carlos Estrada

Liberty Investment Group License #01413560

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1959

Lot Details

  • 5,201 Sq Ft Lot
  • Two or More Common Walls
  • Density is 2-5 Units/Acre

Parking

  • 4 Open Parking Spaces
  • 4 Car Garage
  • Parking Available
  • Parking Lot

Home Design

  • Spanish Architecture
  • Property Attached
  • Cosmetic Repairs Needed
  • Shingle Roof

Interior Spaces

  • 2,568 Sq Ft Home
  • Multi-Level Property
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • Fireplace in Kitchen

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms
  • Fireplace in Bathroom

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Rain Gutters

Utilities

  • Heating System Uses Natural Gas
  • Private Water Source

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 986
  • Tax Tract Number 6
  • Assessor Parcel Number 6029002005

Community Details

Overview

  • 4 Units

Building Details

  • 1 Leased Unit
  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $15,600
  • Net Operating Income $15,600

Property Details

Home Type

Multi-Family

Year Built

Built in 1959

Lot Details

5,201 Sq Ft Lot

Parking

4

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Zoning: LARD2
  • Architectural Style: Spanish
  • Property Condition: Repairs Cosmetic
  • Property Type: Residential Income
  • Parcel Number: 6029002005
  • Year Built: 1959
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Common Walls: 2+ Common Walls
  • Fireplace Features: Bath, Dining Room, Kitchen, Living Room
  • Levels: One, Multi/Split
  • Price Per Square Foot: 244.94

Exterior Features

  • Pool Private: No
  • Roof: Shingle

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Parking Space
  • Total Parking Spaces: 8.00
  • Uncovered Spaces: 4.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: No
  • Heating Type: Natural Gas
  • Sewer: Other
  • Water Source: Private

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Gutters

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 5201.00
  • Lot Size Acres: 0.1194

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 15600.00
  • Gross Scheduled Income: 15600.00
  • Lot Size Area: 5201.0000 Square Feet
  • Net Operating Income: 15600.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 1
  • Number Of Units Total: 4
  • Rent Control: Yes
  • Total Actual Rent: 1300.00

Tax Info

  • Tax Census Tract: 2398.01
  • Tax Lot: 986
  • Tax Tract Number: 6

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
Jun 25, 2019
Closed on
Jul 12, 2019
Sold by
Bought by
Seller's Agent
Wendy Alvarez
Fathom Realty Group Inc
Buyer's Agent
Carlos Estrada
Liberty Investment Group
List Price
$699,990
Sold Price
$629,000
Premium/Discount to List
-$70,990
-10.14%
Current Estimated Value
$844,597

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$215,597
Avg. Annual Appreciation
4.43%
Original Mortgage
$503,000
Interest Rate
3.7%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 20, 2018
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
$515,490
Interest Rate
4.87%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 6, 2014
Sold by
Bought by

Purchase Details

Closed on
Jun 1, 2011
Sold by
Bought by

Purchase Details

Closed on
Jul 27, 2010
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
$380,700
Interest Rate
4.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 24, 2010
Sold by
Bought by

Purchase Details

Closed on
Dec 1, 2009
Sold by
Bought by

Purchase Details

Closed on
Oct 2, 2007
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
$557,380
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 15, 2007
Sold by
Bought by

Purchase Details

Closed on
Mar 31, 2007
Sold by
Bought by

Purchase Details

Closed on
Feb 1, 2007
Sold by
Bought by

Purchase Details

Closed on
Nov 10, 2006
Sold by
Bought by

Purchase Details

Closed on
Jun 28, 2006
Sold by
Bought by

Purchase Details

Closed on
Apr 23, 2006
Sold by
Bought by

Purchase Details

Closed on
Feb 1, 2006
Sold by
Bought by

Purchase Details

Closed on
Mar 23, 2005
Sold by
Bought by

Purchase Details

Closed on
Jan 15, 2004
Sold by
Bought by

Purchase Details

Closed on
Aug 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
$248,000
Interest Rate
7.5%

Purchase Details

Closed on
Feb 20, 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
$171,000
Interest Rate
6.94%

Purchase Details

Closed on
Feb 15, 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
$171,000
Interest Rate
6.94%

Purchase Details

Closed on
Nov 3, 2001
Sold by
Bought by

Purchase Details

Closed on
Nov 21, 2000
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
$180,000
Interest Rate
7.54%

Purchase Details

Closed on
Jun 16, 2000
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

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
$629,000 First American Title Company
$525,000 Lawyers Title Insurance Comp
-- Lawyers Title
-- None Available
-- Fidelity National Title Co
$235,000 Fidelity National Title Co
$250,000 Accommodation
$620,000 Old Republic Title
$380,000 Accommodation
-- None Available
-- None Available
-- None Available
-- None Available
-- None Available
-- None Available
-- --
-- None Available
$310,000 United Title Company
$190,000 Fidelity Title
-- Fidelity Title
-- Fidelity Title
-- Fidelity Title
$199,905 Benefit Land Title Ins Co
$150,000 Chicago Title Co
$135,000 Fidelity National Title Ins
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
Previous Owner $503,000
Previous Owner $515,490
Previous Owner $380,700
Previous Owner $557,380
Previous Owner $248,000
Previous Owner $171,000
Previous Owner $180,000
Closed $25,000
Closed $46,500
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
08/27/2019 08/27/19 Sold $629,000 -10.1% $245 / Sq Ft
07/09/2019 07/09/19 Pending -- -- --
06/25/2019 06/25/19 For Sale $699,990 -- $273 / 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 $8,680 $687,898 $437,456 $250,442
2024 $8,556 $674,411 $428,879 $245,532
2023 $8,396 $661,188 $420,470 $240,718
2022 $8,013 $648,225 $412,226 $235,999
2021 $7,907 $635,516 $404,144 $231,372
2020 $7,983 $629,000 $400,000 $229,000
2019 $6,600 $525,000 $300,000 $225,000
2018 $3,709 $281,492 $202,676 $78,816
2016 $3,525 $270,562 $194,806 $75,756
2015 $3,477 $266,499 $191,880 $74,619
2014 $3,514 $261,280 $188,122 $73,158
Source: Public Records

Agents Affiliated with this Home

  • Wendy Alvarez

    Seller's Agent in 2019

    Wendy Alvarez

    Fathom Realty Group Inc

    (323) 590-3143

    3 Total Sales

    Wendy Alvarez
    Section Image
  • Carlos Estrada

    Buyer's Agent in 2019

    Carlos Estrada

    Liberty Investment Group

    (562) 477-8983

    1 in this area

    47 Total Sales

    Carlos Estrada
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS19150517

California Regional Multiple Listing Service (CRMLS)

APN: 6029-002-005

California Los Angeles County Los Angeles 90001 Florence

742 E 79th St Unit 1-4, Los Angeles, CA

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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