NOT LISTED FOR SALE

755 S Mcbride Ave Los Angeles, CA 90022

Estimated Value: $843,000 - $1,224,000

8 Beds
8 Baths
3,976 Sq Ft
$255/Sq Ft Est. Value

Last Sold May 12, 2023

Last sale price $850,000 $214 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $6,584/month

31 Days on Market

About This Home

As of May 2023

Four unit property in the heart of East Los Angeles. Great opportunity for an investor looking for an investment property in an excellent rental area. Spacious units show like two-story townhomes. Each unit has 2 bedrooms upstairs with a full bathroom and a half bathroom downstairs that includes a living and kitchen area. Great low maintenance property that is located near Whittier Blvd and close to shops, restaurants, transit lines and 5, 710 and 60 freeways.

Last Agent to Sell the Property

David Gomez

Realty Executives Com. & Res. License #01805497 Listed on: 03/14/2023

Realty Executives Com. & Res.

Last Buyer's Agent

Yingli Thurston

Frontier Realty License #01836030

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,759

Year Built

  • Built in 1968

Lot Details

  • 6,676 Sq Ft Lot
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Home Design

  • Quadruplex

Interior Spaces

  • 3,976 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Bathrooms

Laundry

  • Laundry Room
  • Washer Hookup

Parking

  • 4 Parking Spaces
  • 4 Carport Spaces

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Legal Lot and Block 21 / 8
  • Tax Tract Number 4190
  • Assessor Parcel Number 5247013022

Community Details

Overview

  • 4 Units

Building Details

  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $2,122
  • Water Sewer Expense $2,100
  • New Taxes Expense $12,825
  • Operating Expense $17,047
  • Net Operating Income $37,625

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,759

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Price Per Unit: 237500
  • Property Attached: Yes
  • Water Sewer Expenses: 2100.00
  • Zoning: LCP*
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 5247013022
  • Year Built: 1968
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 213.78

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Laundry: Yes
  • Laundry Features: Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6676.00
  • Lot Size Acres: 0.1533

Multi Family

  • Gross Scheduled Income: 54672.00
  • Insurance Expense: 2122.00
  • Lot Size Area: 6676.0000 Square Feet
  • Net Operating Income: 37625.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 17047.00
  • Rent Control: Yes
  • Total Expenses: 17047.00

Tax Info

  • New Taxes Expense: 12825.00
  • Tax Block: 8
  • Tax Census Tract: 5315.04
  • Tax Lot: 21
  • Tax Tract Number: 4190

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 8, 2023
Sold by
Wu Timothy C and Yang Rumeng
Bought by
Vivid Nova Llc
Current Estimated Value
$1,015,296

Purchase Details

Listed on
Mar 14, 2023
Closed on
May 9, 2023
Sold by
Chiu Josephine
Bought by
Wu Timothy C
Seller's Agent
David Gomez
Realty Executives Com. & Res.
Buyer's Agent
Yingli Thurston
Frontier Realty
List Price
$950,000
Sold Price
$850,000
Premium/Discount to List
-$100,000
-10.53%
Views
92

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.72%
Original Mortgage
$510,000
Interest Rate
6.32%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 14, 2023
Closed on
Apr 14, 2023
Sold by
Bowser Julieta V
Bought by
Wu Timothy C and Yang Rumeng
Seller's Agent
David Gomez
Realty Executives Com. & Res.
Buyer's Agent
Yingli Thurston
Frontier Realty
List Price
$950,000
Sold Price
$850,000
Premium/Discount to List
-$100,000
-10.53%
Views
92

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$510,000
Interest Rate
6.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 5, 1996
Sold by
Home Svgs Of America Fsb
Bought by
Bowser Julieta

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.2%

Purchase Details

Closed on
Aug 21, 1995
Sold by
Madrigal Tony and Madrigal Felicia
Bought by
Home Svgs Of America Fsb
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
Vivid Nova Llc -- Socal Title Company
Wu Timothy C -- Chicago Title Company
Wu Timothy C $850,000 Chicago Title
Bowser Julieta $235,000 Investors Title Company
Home Svgs Of America Fsb $204,000 Investors Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wu Timothy C $510,000
Previous Owner Bowser Julieta $203,000
Previous Owner Bowser Julieta $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/12/2023 05/12/23 Sold $850,000 -10.5% $214 / Sq Ft
04/14/2023 04/14/23 Pending -- -- --
03/14/2023 03/14/23 For Sale $950,000 -- $239 / 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 $12,759 $867,000 $606,900 $260,100
2024 $12,759 $867,000 $606,900 $260,100
2023 $6,574 $375,217 $127,727 $247,490
2022 $6,323 $367,861 $125,223 $242,638
2021 $6,237 $360,649 $122,768 $237,881
2019 $6,079 $349,954 $119,128 $230,826
2018 $5,917 $343,093 $116,793 $226,300
2016 $5,663 $329,771 $112,258 $217,513
2015 $5,587 $324,818 $110,572 $214,246
2014 $5,599 $318,457 $108,407 $210,050
Source: Public Records

Agents Affiliated with this Home

  • David Gomez

    Seller's Agent in 2023

    David Gomez

    Realty Executives

    (323) 715-6261

    6 in this area

    30 Total Sales

    David Gomez
    Section Image
  • Yingli Thurston

    Buyer's Agent in 2023

    Yingli Thurston

    Frontier Realty

    (909) 282-0628

    3 in this area

    17 Total Sales

    Yingli Thurston
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW23042523

California Regional Multiple Listing Service (CRMLS)

APN: 5247-013-022

California Los Angeles County Los Angeles 90022

755 S Mcbride Ave, Los Angeles, CA

This home is located at 755 S Mcbride Ave, Los Angeles, CA 90022 since 14 March 2023 and is currently estimated at $1,015,296, approximately $255 per square foot. This property was built in 1968. 755 S Mcbride Ave is a home located in Los Angeles County with nearby schools including Ford Boulevard Elementary School, David Wark Griffith Middle School, and James A. Garfield Senior High School.

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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