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$975,000   Price Analysis
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1201 E 78th St
Los Angeles, CA 90001
6 bed 4 bath 2,589 SqFt ($376/SqFt)
4,931SqFt lot. Built 1960
Listed 2024-04-10, Taxes $2,086
Ⓧ USDA Ineligible
due to price & location

near Los Angeles

FHA Ready!

* Has Contingent Offer *

Great opportunity to own a triplex with potential to add more units. Live in one and rent the rest at market rents. Main house has 3 bedrooms and 1 bathrom. Back units consist of a 2bedroom 1 bathro om unit and one unit marked as a single unit.

Property has a bonus unit at the bottom, making it seemed like 4 units for the price of 3. It also has a 3 car garage that can possibly become an ADU. All units have been remodeled and ready to rent at top market rents. No rent control, property sits on County line and is not consider Los Angeles City. Contemporary roof on both buildings


Presented by Tony Sanchez at
Blue Sky Real Estate Center.


Property MLS #IV24071251 from CRMLS

Bedrooms: 6

Laundry Features: Common Area

Full Bathrooms: 4

Lot Description: Back Yard
Lot Size Acres: 0.1132002
Lot Size Source: Assessor
Lot Size Square Feet: 4931

Garage Spaces: 3
Parking Total: 3

Number of Units: 3
Bedrooms in Unit-1: 3
Bedrooms in Unit-2: 2
Bedrooms in Unit-3: 1
Total Bathrooms in Unit-1: 2
Total Bathrooms in Unit-2: 1
Total Bathrooms in Unit-3: 1
Unit-1 Garage Spaces: 2
Unit-2 Garage Spaces: 1

Community Features: Sidewalks

Source Listing Status: Active Under Contract
County: Los Angeles
Source Property Type: Residential Income
Insurance Expense: 2000.00
Area: 699 - Not Defined
Source Neighborhood: 699 - Not Defined
Number of Separate Electric Meters: 3
Number of Separate Gas Meters: 3
Number of Separate Water Meters: 1
Parcel Number: 6024015017
Postal Code Plus 4: 2939
Trash Expense: 200.00
Zoning: LCR3
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$46,139 + $13,131
$59,270
$2,086
2021$45,235 + $12,874
$58,109
$2,057
2020$44,772 + $12,742
$57,514
$2,056
2019$43,895 + $12,493
$56,388
$2,019
2018$43,035 + $12,249
$55,284
$1,916
2017$42,192 + $12,009
$54,201
$1,887
2016$41,365 + $11,774
$53,139
$1,834
2015$40,744 + $11,598
$52,342
$1,815
2014$39,946 + $11,371
$51,317
$1,825
2013$39,766 + $11,320
$51,086
$1,802
2012$38,987 + $11,099
$50,086
$1,792
2010$38,223 + $10,882
$49,105
$1,744
2009$38,029 + $10,827
$48,856
$1,693
2009$37,938 + $10,801
$48,739
$1,693
2008$37,284 + $10,615
$47,899
$1,640
2007$36,553 + $10,407
$46,960
$1,575

Listing removed 2024-04-11
$0
CRMLS
Listed 2024-04-10
$975,000
CRMLS
Price Changed 2024-04-09
$970,000
CRMLS
Price Changed 2024-02-23
$959,000
CRMLS
Listed 2024-02-10
$949,000
CRMLS
Sold 2023-09-18
$300,000
Public Record
Listing removed 2023-02-02
$0
CRMLS
Price Changed 2022-11-21
$635,000
CRMLS
Relisted 2022-11-18
$675,000
CRMLS
Listing removed 2022-11-03
$0
CRMLS
Listing removed 2022-10-06
$0
CRMLS
Price Changed 2022-09-13
$650,000
CRMLS
Listed 2022-09-02
$675,000
CRMLS
Relisted 2022-07-31
$500,000
CRMLS
Listing removed 2022-07-28
$0
CRMLS
Price Changed 2022-07-27
$500,000
CRMLS
Listed 2022-07-06
$665,000
CRMLS
Sold 1973-11-20
$26,000
Public Record

Total Square Feet Living: 2589
Year Built: 1960
Building Features: 2
Common Walls: 2+ Common Walls
Entry Level: 4
Entry Location: front
Property Age: 64
Property Attached: Yes
Building Total Stories: 2
Structure Type: Triplex
Year Built Source: Assessor

Sewer: Sewer: Public Sewer, Water Sewer Expense: 180.00
Water Source: Public

Parmelee Avenue Elementary School is a public elementary school located approximately 0.3 miles away.
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Charles Drew Middle School is a public middle school located approximately 0.6 miles away.
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Academy For Multiligual Arts And Science At Mervyn M. Dymally High is a public high school located approximately 1.1 miles away.
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St. Malachy Catholic Elementary School is a private elementary and middle school located approximately 0.2 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.