NOT LISTED FOR SALE

7711 S Broadway Los Angeles, CA 90003

Florence Neighborhood

Estimated Value: $1,104,681

4 Beds
4 Baths
3,448 Sq Ft
$320/Sq Ft Est. Value

Last Sold June 27, 2019

Last sale price $600,000 $174 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $6,616/month

25 Days on Market

About This Home

As of June 2019

This home is located at 7711 S Broadway, Los Angeles, CA 90003 since 08 November 2018 and is currently estimated at $1,104,681, approximately $320 per square foot. This property was built in 1925. 7711 S Broadway is a home located in Los Angeles County with nearby schools including Seventy-Fifth Street Elementary School, Mary McLeod Bethune Middle School, and Academy For Multiligual Arts And Science At Mervyn M. Dymally High.

Last Agent to Sell the Property

Delia Hooper

Redfin License #01180987 Listed on: 11/08/2018

Redfin

Last Buyer's Agent

Subscriber Non

Non-Participant Office License #13252

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,516

Year Built

  • Built in 1925

Lot Details

  • 6,416 Sq Ft Lot
  • Value in Land

Home Design

  • 3,448 Sq Ft Home
  • Stucco

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Community Details

  • 2 Buildings
  • 6 Units

Listing and Financial Details

  • Assessor Parcel Number 6031-016-016

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,516

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 3448
  • Probate: Yes
  • Property Condition: Value Mainly In Land
  • Year Built: 1925
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 4
  • Total Bathrooms: 4.00
  • Price Per S Q F T: 202.73

Exterior Features

  • Construction: Stucco
  • Other Structures: None

Lot Info

  • Assessed Improvement Value: 17718
  • Assessed Land Value: 12864
  • Assessor Parcel Number: 6031-016-016
  • Geocode Override: No
  • Lot Size Area: 6416

Rental Info

  • Court Approve: No

Multi Family

  • Unit Type: 2106, 2107
  • Number Of Units: 6
  • Type Of Units: 2 on a lot

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 27, 2022
Sold by
Sola Impact Fund Ii Lp
Bought by
First Republic Bank
Current Estimated Value
$1,104,681

Purchase Details

Listed on
Nov 8, 2018
Closed on
Jul 31, 2019
Sold by
Kim David
Bought by
Sola Impact Fund Ii Lp
Seller's Agent
Delia Hooper
Redfin
Buyer's Agent
Subscriber Non
Non-Participant Office
List Price
$699,000
Sold Price
$600,000
Premium/Discount to List
-$99,000
-14.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.01%
Original Mortgage
$360,000
Interest Rate
4%
Mortgage Type
Commercial

Purchase Details

Listed on
Nov 8, 2018
Closed on
Jun 24, 2019
Sold by
Kim Chae Son
Bought by
Kim David
Seller's Agent
Delia Hooper
Redfin
Buyer's Agent
Subscriber Non
Non-Participant Office
List Price
$699,000
Sold Price
$600,000
Premium/Discount to List
-$99,000
-14.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
4%
Mortgage Type
Commercial

Purchase Details

Listed on
Nov 8, 2018
Closed on
May 31, 2019
Sold by
Hildreth Grace Marie and The Lee E Smith Trust
Bought by
Kim David
Seller's Agent
Delia Hooper
Redfin
Buyer's Agent
Subscriber Non
Non-Participant Office
List Price
$699,000
Sold Price
$600,000
Premium/Discount to List
-$99,000
-14.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
4%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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

Date Buyer Sale Price Title Company
Sola Impact Fund Ii Lp $790,000 Lawyers Title Company
Kim David -- Lawyers Title Company
Kim David $600,000 Lawyers Title Company
First Republic Bank -- Provident Title
First Republic Bank -- Provident Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kim David $360,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/27/2019 06/27/19 Sold $600,000 -14.2% $174 / Sq Ft
12/05/2018 12/05/18 For Sale $699,000 +16.5% $203 / Sq Ft
12/03/2018 12/03/18 Off Market $600,000 -- --
12/03/2018 12/03/18 Pending -- -- --
11/08/2018 11/08/18 For Sale $699,000 -- $203 / Sq Ft
Source: The MLS

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 $9,516 $754,611 $524,948 $229,663
2024 $9,516 $739,815 $514,655 $225,160
2023 $9,339 $725,310 $504,564 $220,746
2022 $8,920 $711,089 $494,671 $216,418
2021 $8,799 $697,147 $484,972 $212,175
2020 $8,882 $690,000 $480,000 $210,000
2019 $974 $31,816 $13,383 $18,433
2018 $840 $31,193 $13,121 $18,072
2016 $769 $29,983 $12,612 $17,371
2015 $764 $29,534 $12,423 $17,111
2014 $778 $28,956 $12,180 $16,776
Source: Public Records

Agents Affiliated with this Home

  • Delia Hooper

    Seller's Agent in 2019

    Delia Hooper

    Redfin

    (323) 819-1639

    25 Total Sales

    Delia Hooper
    Section Image

  • S

    Buyer's Agent in 2019

    Subscriber Non

    Non-Participant Office

See All Agents

Map

Source: The MLS

MLS Number: 18-405888

The MLS

APN: 6031-016-016

California Los Angeles County Los Angeles 90003 Florence

7711 S Broadway, Los Angeles, CA

Not Listed for Sale

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