NOT LISTED FOR SALE

907 E 79th St Los Angeles, CA 90001

Florence Neighborhood

Estimated Value: $588,302 - $744,000

4 Beds
3 Baths
1,760 Sq Ft
$373/Sq Ft Est. Value

Last Sold May 03, 2024

Last sale price $600,000 $341 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $3,480/month

3 Days on Market

About This Home

As of May 2024

3 Unit Investment Property located in the heart of Los Angeles. Front duplex is comprised of (2) 1bed, 1bath units. The third unit is located above a 3 car garage and is a 2bedroom, 1bathroom. The 2bedroom unit will be delivered vacant. One of the 1bedroom units is paying $1300/m and will be delivered occupied. The second 1bedroom unit is currently in process of eviction for non payment of rent. Property has alley access.

Last Agent to Sell the Property

Jeremy Smith

eXp Realty of California Inc License #02006335 Listed on: 01/05/2024

eXp Realty of California Inc

Last Buyer's Agent

Mazdak Sarehkhani

Mazdak Sarehkhani License #01811455

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1924

Lot Details

  • 5,202

Parking

  • 3 Car Garage

Interior Spaces

  • 1,760 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Additional Features

  • 5,202 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Listing and Financial Details

  • Assessor Parcel Number 6023-029-014

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • Rent Control

Property Details

Home Type

Multi-Family

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: One
  • Street Number Display: Yes
  • Alley: Yes
  • Living Area: 1760
  • Lot Acreage: 0.1194
  • Probate: No
  • Stories: 1
  • Year Built: 1924
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 4
  • Total Bathrooms: 3.00
  • Price Per S Q F T: 440.34

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Garage - 3 Car
  • Total Parking: 3

Utilities

  • Heating: Wall
  • Water Heaters: Yes

Lot Info

  • Assessed Improvement Percent: 59.56
  • Assessed Improvement Value: 18343
  • Assessed Land Percent: 40.44
  • Assessed Land Value: 12456
  • Total Assessed Value: 30799
  • Assessor Parcel Number: 6023-029-014
  • Lot Size Area: 5202

Rental Info

  • Rent Control: Yes

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Number Of Units: 3
  • Rent Control: 100
  • Type Of Units: Detached

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 22, 2024
Sold by
Barkhordar Neda Rabi
Bought by
Hjn 79 Holdings Llc
Current Estimated Value
$657,076

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$281,000
Outstanding Balance
$277,566
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$379,510

Purchase Details

Closed on
Jul 25, 2024
Sold by
Hjn 79 Holdings Llc
Bought by
Barkhordar Neda Rabi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$281,000
Outstanding Balance
$277,566
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$379,510

Purchase Details

Closed on
Jul 24, 2024
Sold by
Hjn 79 Holdings Llc
Bought by
Barkhordar Neda Rabi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$281,000
Outstanding Balance
$277,566
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$379,510

Purchase Details

Listed on
Jan 5, 2024
Closed on
Apr 26, 2024
Sold by
Moses Gaston 2009 Revocable Trust and Gaston Moses
Bought by
Hjn 79 Holdings Llc
Seller's Agent
Jeremy Smith
eXp Realty of California Inc
Buyer's Agent
Mazdak Sarehkhani
Mazdak Sarehkhani
List Price
$775,000
Sold Price
$600,000
Premium/Discount to List
-$175,000
-22.58%
Views
28

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.39%

Purchase Details

Closed on
Jun 13, 2007
Sold by
Gaston Moses
Bought by
Gaston Moses and The Moses Gaston 2007 Revocabl
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

Date Buyer Sale Price Title Company
Hjn 79 Holdings Llc -- None Listed On Document
Barkhordar Neda Rabi -- First American Title Insurance
Barkhordar Neda Rabi -- First American Title Insurance
Hjn 79 Holdings Llc $600,000 Fidelity National Title
Gaston Moses -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barkhordar Neda Rabi $281,000
Closed Barkhordar Neda Rabi $281,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/03/2024 05/03/24 Sold $600,000 -22.6% $341 / Sq Ft
01/08/2024 01/08/24 Pending -- -- --
01/05/2024 01/05/24 For Sale $775,000 -- $440 / Sq Ft
Source: The MLS

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 $733 $612,000 $469,200 $142,800
2024 $733 $31,414 $12,705 $18,709
2023 $725 $30,799 $12,456 $18,343
2022 $702 $30,196 $12,212 $17,984
2021 $684 $29,605 $11,973 $17,632
2020 $685 $29,583 $11,851 $17,732
2019 $671 $29,009 $11,619 $17,390
2018 $609 $28,447 $11,392 $17,055
2016 $565 $27,075 $10,950 $16,125
2015 $560 $26,669 $10,786 $15,883
2014 $583 $26,147 $10,575 $15,572
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2024

    Jeremy Smith

    eXp Realty of California Inc

    (424) 303-0582

    1 in this area

    19 Total Sales

    Jeremy Smith
    Section Image
  • Mazdak Sarehkhani

    Buyer's Agent in 2024

    Mazdak Sarehkhani

    Mazdak Sarehkhani

    (818) 601-8215

    4 in this area

    43 Total Sales

    Mazdak Sarehkhani
    Section Image
See All Agents

Map

Source: The MLS

MLS Number: 24-344149

The MLS

APN: 6023-029-014

California Los Angeles County Los Angeles 90001 Florence

907 E 79th St, Los Angeles, CA

Not Listed for Sale

MultiFamily

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