NOT LISTED FOR SALE

831 E 78th St Los Angeles, CA 90001

Florence Neighborhood

Estimated Value: $791,824 - $970,000

7 Beds
4 Baths
2,044 Sq Ft
$419/Sq Ft Est. Value

Last Sold June 30, 2013

Last sale price $255,000 $125 Per Sq Ft

Est. 235% increase in value since last sale

Current estimated payment $5,120/month

About This Home

As of June 2013

This home is located at 831 E 78th St, Los Angeles, CA 90001 since 15 May 2013 and is currently estimated at $855,456, approximately $418 per square foot. This property was built in 1925. 831 E 78th St is a home located in Los Angeles County with nearby schools including McKinley Avenue Elementary School, Charles Drew Middle School, and Academy For Multiligual Arts And Science At Mervyn M. Dymally High.

Last Agent to Sell the Property

Marcial Rivas

Tierra Bella Realty R-M License #00893724 Listed on: 05/15/2013

Last Buyer's Agent

Marcial Rivas

Tierra Bella Realty R-M License #00893724 Listed on: 05/15/2013

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,721

Year Built

  • Built in 1925

Lot Details

  • 5,100 Sq Ft Lot
  • Property fronts an alley
  • No Common Walls

Parking

  • 2 Parking Spaces

Home Design

  • 2,044 Sq Ft Home

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Bathrooms

Listing and Financial Details

  • Tax Lot 843
  • Tax Tract Number 6097
  • Assessor Parcel Number 6023027024

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $1,036
  • Trash Expense $1,200
  • Water Sewer Expense $720
  • New Taxes Expense $4,236
  • Gross Income $2,600
  • Net Operating Income $1,778

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,721

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Attached: No
  • Road Frontage Type: Alley
  • Water Sewer Expenses: 720.00
  • Property Type: Residential Income
  • Parcel Number: 6023027024
  • Year Built: 1925
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 124.76

Exterior Features

  • Pool Private: No

Garage/Parking

  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Available
  • Trash Expense: 1200.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks

Lot Info

  • Lot Size Sq Ft: 5100.00
  • Lot Size Acres: 0.1170

Multi Family

  • Gross Income: 2600.00
  • Gross Scheduled Income: 2600.00
  • Insurance Expense: 1036.00
  • Lot Size Area: 5100.0000 Square Feet
  • Net Operating Income: 1778.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 562.00
  • Rent Control: Yes

Tax Info

  • New Taxes Expense: 4236.00
  • Tax Lot: 843
  • Tax Tract Number: 6097
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 16, 2020
Sold by
Aguirre Nancy and Avila Romana
Bought by
Aguirre Nancy and Ballesteros Ramona Avila
Current Estimated Value
$855,456

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$562,677
Outstanding Balance
$499,871
Interest Rate
3.2%
Mortgage Type
FHA
Estimated Equity
$355,586

Purchase Details

Closed on
Oct 16, 2018
Sold by
Achabahian Gevorg
Bought by
Aguirre Nancy and Avila Ramona

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$556,730
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 27, 2013
Sold by
Masis Holdings Llc
Bought by
Achabahian Gevorg

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,500
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 31, 2013
Sold by
Achabahian Anahid
Bought by
Achabahian Gevorg

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,500
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 15, 2013
Closed on
Jun 12, 2013
Sold by
Campos Samuel
Bought by
Perez Maria
Seller's Agent
Marcial Rivas
Tierra Bella Realty R-M
Buyer's Agent
Marcial Rivas
Tierra Bella Realty R-M
List Price
$275,000
Sold Price
$255,000
Premium/Discount to List
-$20,000
-7.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.31%

Purchase Details

Listed on
May 15, 2013
Closed on
Jun 10, 2013
Sold by
Perez Maria
Bought by
Masis Holdings Llc
Seller's Agent
Marcial Rivas
Tierra Bella Realty R-M
Buyer's Agent
Marcial Rivas
Tierra Bella Realty R-M
List Price
$275,000
Sold Price
$255,000
Premium/Discount to List
-$20,000
-7.27%

Purchase Details

Closed on
Oct 30, 2006
Sold by
Perez Maria
Bought by
Campos Samuel and Perez Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,500
Interest Rate
10.31%
Mortgage Type
Balloon

Purchase Details

Closed on
Oct 26, 2006
Sold by
Campos Samuel
Bought by
Perez Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,500
Interest Rate
10.31%
Mortgage Type
Balloon

Purchase Details

Closed on
Sep 3, 2004
Sold by
Campos Samuel
Bought by
Campos Samuel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,700
Interest Rate
6.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 6, 2003
Sold by
Costello Homes Inc
Bought by
Campos Samuel and Olmedo Elias

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$251,231
Interest Rate
5.83%

Purchase Details

Closed on
Jul 11, 2002
Sold by
Sotelo Jesus A
Bought by
Castello Homes Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,300
Interest Rate
6.22%

Purchase Details

Closed on
Jan 14, 2000
Sold by
Parker Luella Decd Est Of
Bought by
Sotelo Jesus A and Sotelo Victor M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,247
Interest Rate
8.26%
Mortgage Type
FHA
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
Aguirre Nancy -- North American Title
Aguirre Nancy $567,000 Stewart Title Company
Achabahian Gevorg $350,000 Usa National Title
Achabahian Gevorg -- Usa National Title
Perez Maria -- Usa National Title Co
Masis Holdings Llc $252,000 Usa National Title Co
Campos Samuel -- Chicago Title Co
Perez Maria -- Chicago Title Co
Campos Samuel -- --
Campos Samuel $259,000 Act
Castello Homes Inc $105,000 Southland Title
Sotelo Jesus A $92,000 Commonwealth Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Aguirre Nancy $562,677
Closed Aguirre Nancy $556,730
Previous Owner Achabahian Gevorg $262,500
Previous Owner Perez Maria $450,500
Previous Owner Campos Samuel $290,700
Previous Owner Campos Samuel $251,231
Previous Owner Castello Homes Inc $106,300
Previous Owner Sotelo Jesus A $91,247
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/30/2013 06/30/13 Sold $255,000 -7.3% $125 / Sq Ft
05/15/2013 05/15/13 For Sale $275,000 -- $135 / Sq Ft
05/03/2013 05/03/13 Pending -- -- --
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 $7,721 $632,495 $390,429 $242,066
2024 $7,721 $620,094 $382,774 $237,320
2023 $7,574 $607,936 $375,269 $232,667
2022 $7,225 $596,016 $367,911 $228,105
2021 $7,129 $584,331 $360,698 $223,633
2019 $6,916 $567,000 $350,000 $217,000
2018 $4,755 $377,075 $204,699 $172,376
2016 $4,530 $362,435 $196,751 $165,684
2015 $4,466 $356,992 $193,796 $163,196
2014 $3,297 $252,000 $180,000 $72,000
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2013

    Marcial Rivas

    Tierra Bella Realty R-M

    (562) 622-1726

    17 Total Sales

    Marcial Rivas
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW13094164

California Regional Multiple Listing Service (CRMLS)

APN: 6023-027-024

California Los Angeles County Los Angeles 90001 Florence

831 E 78th St, Los Angeles, CA

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