$750,000
$95K PRICE DROP

7908 Towne Ave Los Angeles, CA 90003

Florence Neighborhood
Total Views 30,342
5 Beds
3 Baths
1,826 Sq Ft
$411 Price per Sq Ft

Highlights

  • Corner Lot
  • Fenced Yard
  • Bathtub with Shower
  • Lawn
  • 2 Car Garage
  • West Facing Home

About This Home

*UNFORTUNATELY, AT THIS TIME PROPERTY IS ON HOLD UNTIL AGREEMENT WITH ALL PARTIES ARE REACHED REGARDING THIS SALE* ANY UPDATES REGARDING THIS DECISION WILL BE POSTED HERE ON THE MLS* THANK YOU ALL. This property consists of "TWO (2) INDIVIDUAL HOUSE UNITS ON THIS LOT", the smaller house on the corner of 79th & Towne is a fixer, vacant, and needs repairs. Title report says 4 bedrooms, 2 bathrooms; however, property presently shows 5 bedrooms, 3 bathrooms total. This entire property is being 'SOLD AS-IS" in IT'S PRESENT CONDITION WITH "NO FURTHER WARRANTIES AND/OR GUARANTEES OF ANY KIND RELATING TO CITY/COUNTY REPAIR REQUIREMENTS, PROPERTY SQUARE FOOTAGES, OR ANY OTHER KIND OF PROPERTY PROSPECTIVES". THIS HAS NO RESPONSIBILITY HELD UPON OR AGAINST THE OWNER(S), AND/OR THEIR LISTING BROKER/AGENT(S) AT ALL. Buyer(s) and their Broker and/or Agent(s) are to do their due diligence in researching All details regarding this property before making an offer to purchase. The tenant(s) own all of their appliances, and "Will Remain As Residing Tenant(s)", with property being for sale and sold. No Eviction Will Be Done By The Sellers! PLEASE DO NOT DISTURB THE TENANT(S) AT ALL & PLEASE DRIVE BY ONLY, & CALL ME (SEE AGENT REMARKS) for viewing appointments. Escrow time may be extended due to the trust clarification process. There Are No Lockboxes At All For Entry Access. "Seller Has Selection Of ALL Services". ** Properties For Sale Also Are: 8021 Towne Avenue, MLS #24-378467 And Vacant Land Lot APN; 6030-020-021, MLS #24-378471** Thank You All For Your Inquiries And Have An Excellent Day

Listing Agent

Crystal Lee

Crystal Lee, Broker License #01071948 Listed on: 08/11/2024

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1931

Lot Details

  • 6,867 Sq Ft Lot
  • West Facing Home
  • Fenced Yard
  • Corner Lot
  • Level Lot
  • Lawn
  • Back and Front Yard
  • Property is zoned LAR2

Home Design

  • Fixer Upper

Interior Spaces

  • 1,826 Sq Ft Home
  • 1-Story Property
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry in Garage
  • Dryer

Home Security

  • Window Bars
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 2 Car Garage
  • 1 Open Parking Space

Location

  • City Lot

Utilities

  • Heating System Mounted To A Wall or Window
  • Property is located within a water district
  • Gas Water Heater
  • Sewer in Street

Community Details

  • 2 Units

Listing and Financial Details

  • The owner pays for move in fee
  • Assessor Parcel Number 6030-033-027

Home Details

Home Type

Single Family

Year Built

Built in 1931

Lot Details

6,867 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Levels: One
  • Street Number Display: Yes
  • Alley: Yes
  • Living Area: 1826
  • Lot Acreage: 0.1576
  • Probate: No
  • Property Condition: Fixer
  • Stories: 1
  • Year Built: 1931
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Mixed
  • Bedrooms: 5
  • Common Walls: Detached/No Common Walls
  • Bathroom Features: Shower Over Tub
  • Laundry: Garage
  • Total Bathrooms: 3.00
  • Equipment: Garbage Disposal, Dryer
  • Price Per S Q F T: 410.73

Exterior Features

  • Direction Faces: West
  • Other Features: Two On A Lot
  • Other Structures: None
  • Pool: No
  • View: No

Garage/Parking

  • Other Spaces: 1
  • Covered Parking: 3
  • Parking Garage: Garage - 1 Car, Garage - 2 Car, Garage Is Detached
  • Total Parking: 4

Utilities

  • Water Heater: Gas, Water Heater Unit
  • Heating: Wall
  • Security: Smoke Detector, Carbon Monoxide Detector(s), Window Bars, Gated
  • Sewer: In Street
  • Water: District
  • Water Heaters: Yes

Lot Info

  • Assessed Improvement Percent: 42.47
  • Assessed Improvement Value: 207659
  • Assessed Land Percent: 57.53
  • Assessed Land Value: 281348
  • Total Assessed Value: 489007
  • Assessor Parcel Number: 6030-033-027
  • Lot Description: Fenced Yard, Front Yard, Back Yard, Curbs, Lawn, Sidewalks, Single Lot, Street Paved, Walk Street, Fenced, Lot-Level/Flat, Street Lighting
  • Lot Location: Corner Lot, City
  • Lot Size Area: 6867

Rental Info

  • Total Actual Rent: 1455.00
  • Owner Pays: Move In Fee
  • Tenant Pays: Gas, Electricity, Cable TV, Move In Fee

Multi Family

  • Unit Type: 2106, 2107
  • Number Of Units: 2
  • Type Of Units: Two Houses

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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

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 $6,396 $572,100 $409,001 $163,099
2024 $6,396 $498,786 $286,974 $211,812
2023 $6,277 $489,007 $281,348 $207,659
2022 $5,993 $479,420 $275,832 $203,588
2021 $5,915 $470,021 $270,424 $199,597
2020 $5,971 $465,203 $267,652 $197,551
2019 $5,744 $456,082 $262,404 $193,678
2018 $5,620 $447,140 $257,259 $189,881
2016 $5,363 $429,778 $247,270 $182,508
2015 $4,723 $376,000 $280,600 $95,400
2014 $3,731 $285,000 $212,700 $72,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/11/2024 08/11/24 For Sale $750,000 0.0% $411 / Sq Ft
07/12/2024 07/12/24 Off Market $750,000 -- --
07/12/2024 07/12/24 For Sale $750,000 0.0% $411 / Sq Ft
06/12/2024 06/12/24 Off Market $750,000 -- --
04/15/2024 04/15/24 Price Changed $750,000 -5.1% $411 / Sq Ft
02/25/2024 02/25/24 Price Changed $790,000 -6.5% $433 / Sq Ft
01/06/2024 01/06/24 For Sale $845,000 -- $463 / Sq Ft
Source: The MLS

Purchase History

Date Type Sale Price Title Company
Gift Deed -- California Best Title
Gift Deed -- California Best Title
Gift Deed -- California Best Title Company
Grant Deed -- None Available
Quit Claim Deed -- --
Interfamily Deed Transfer -- Fidelity
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Gift Deed -- --
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $92,000 Purchase Money Mortgage
Source: Public Records

Source: The MLS

MLS Number: 24-344647

The MLS

APN: 6030-033-027

California Los Angeles County Los Angeles 90003 Florence

7908 Towne Ave, Los Angeles, CA

For Sale

Detached

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The MLS © 2026 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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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Crystal Lee
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Crystal Lee, Broker
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