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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 bathroom. Back units consist of a 2bedroom 1 bathroom 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 C ounty lin and is not consider Los Angeles City. Brand new 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.