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152 W 79Th St, Los Angeles, CA 90003
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152 W 79Th St Los Angeles, CA 90003

$550,000 Sold Price as of 02/14/2022
  • 5 Beds
  • 3 Baths
  • 1,786 Sq.Ft.
Sold
$550,000 Sold Price as of 02/14/2022 Refinance Your Mortgage
Map preview of 152 W 79Th St, Los Angeles, CA 90003

Property Overview: 152 W 79Th St Los Angeles, CA has 5 bedrooms, 3 bathrooms, 1,786 living square feet and 6,943 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: BIG 30K PRICE REDUCTION!!, Potential Annual gross $50400 income at Proforma 6.88% Cap Rate. Perfect and Amazing opportunity for developers, investors; addition to an existing portfolio, potential cash flow investment. Property consists in 3 bedrooms and 2 bathrooms front house and 2 beds 1 bath back unit with a long drive way with plenty of space for parking. With a potential ADU (Accessory Dwelling Unit) separate structure. The rents have strong upside potential with low maintained expenses. A lot of developers in the area. Seller did improvements a few years ago. This great units are located a few miles south of University of Southern California USC, Down Town LA, close to museums parks and the brand new Sofi Stadium. Per Realist tax Address is 152 W 79th, Per Owner there is 2 addresses 152/154 W 79th st..

Listed by MAURICIO SANCHEZ | BRE #01716728 | RE/MAX TIME REALTY
Last checked: 12 minutes ago | Last updated: March 23rd, 2022 | Source CRMLS | DOM: 144

Home details

Lot Sq. Ft
6,943
HOA Dues
$0/mo
Year built
1939
Garage
2 Car
Property Type:
Duplex
Status
Sold
MLS#
IV21165526
City
Los Angeles
County
Los Angeles
Time on Site
1157 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 3
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,975
  • Total Rent: $1,975
  • Pro Forma/Market Rent: $2,600
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $1,800
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 6.88%
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $50,400
  • Net Operating Income: $41,300
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $9,100
  • Trash: $0
  • Insurance: $1,000
  • Water/Sewer: $1,000

Property Details for 152 W 79Th St

Interior Features
Laundry Information
  • Has Laundry
  • Inside
Interior Features
  • Levels: One
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 2
Lot Information
  • Lot Features: Lot 6500-9999
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 6031024002
  • Year Built Source: Assessor
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Assessment Information
  • Has Assessments
  • Assessments: Buyer to Verify
Location / Neighborhood
Location Information
  • Directions: 2 Blocks east 110 Fwy before main street
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

Local Los Angeles Agent

Sale History for 152 W 79Th St

Last sold for $550,000 on February 14th, 2022

  • November, 2021

  • Nov 20, 2021

    Date

    Price Change

    CRMLS: IV21165526

    $599,980

    Price

  • Aug 27, 2021

    Date

    Price Change

    CRMLS: IV21165526

    $629,000

    Price

  • Aug 26, 2021

    Date

    Price Change

    CRMLS: IV21165526

    $610,000

    Price

  • Aug 21, 2021

    Date

    Price Change

    CRMLS: IV21165526

    $609,880

    Price

  • Jul 29, 2021

    Date

    Price Change

    CRMLS: IV21165526

    $609,800

    Price

  • Jul 29, 2021

    Date

    Active

    CRMLS: IV21165526

    $620,000

    Price

  • December, 2018

  • Dec 4, 2018

    Date

    Canceled

    CRMLS: SR18162395

    $469,990

    Price

  • Nov 6, 2018

    Date

    Price Change

    CRMLS: SR18162395

    $469,990

    Price

  • Sep 13, 2018

    Date

    Hold

    CRMLS: SR18162395

    $439,900

    Price

  • Sep 13, 2018

    Date

    Active

    CRMLS: SR18162395

    $439,900

    Price

  • Jul 12, 2018

    Date

    Hold

    CRMLS: SR18162395

    $439,900

    Price

  • Jul 6, 2018

    Date

    Active

    CRMLS: SR18162395

    $439,900

    Price

  • Listing provided courtesy of CRMLS

    INCREDIBLE OPPORTUNITY to own this highly desirable duplex property in Los Angeles! CALLING ALL INVESTORS, CONTRACTORS AND/OR USER OWNERS! CHECK THE COMPS for this amazing size property! This property is been sensibly priced under market due to being tenant occupied and access is restricted. The front house is a 3 bedroom + 2 bath and it has recently been upgraded and it's currently being used as a separate unit from the main house. Both houses' flooring is tiled with laminate in most bedrooms. The back unit is a 2 bedroom + 1 bath and a bonus storage room. Each house has its own garage that has been recently redone and a private yard for each house. The long driveway offers a lot of possibilities and provides additional parking space as needed. Both properties are in good condition, they have spacious rooms and they're well maintained. Front and back yards are water saving and low maintenance. Mature and fruit-bearing trees in the backyard. Diverse flower bushes in front. This property is ideally situated near the 110 FWY, only 15 minutes from DTLA, USC university, shopping centers, schools, and hospitals. Both units are currently rented and they will be sold with tenants in place. DRIVE BY ONLY! DO NOT DISTURB THE TENANTS. DON'T LET THIS ONE SLIP YOUR HANDS! THIS IS THE ONE YOU WON'T WANT TO MISS!!! For more information please call us today Or bring us your best offer subject to interior inspection!

  • March, 2003

  • Mar 20, 2003

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • September, 1993

  • Sep 17, 1993

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 152 W 79Th St

Assessed Value (2020): $218,120
Year Land Value Improved Value Assessed Value
2020 $153,592 $64,528 $218,120

Home Value Compared to the Market

This property vs the competition

152 W 79Th St sold on February 14, 2022 for 46.43% lower than the current median sold price for the city of Los Angeles which is $1,120,000. The median sold price per/sqft for Los Angeles is $724 and this home is sold at $335.94 per/sqft which puts the price per square foot 53.6% lower than the current median sale per square foot for the city of Los Angeles.

About 152 W 79Th St

Detailed summary of property

152 W 79Th St is a duplex that recently sold in Los Angeles, CA 90003. This duplex offered 5 bedrooms, 3 bathrooms, roughly 1,786 living square feet, and sits on an approximately 6,943 square foot lot. 152 W 79Th St was first listed on ArdentRealEstateGroup.com on July 29, 2021. The homeowner sold the property for $550,000. Home in Los Angeles are selling for a median price of $1,120,000 and a median price per square foot of $724. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 46.43% lower than the current median priced home. Local homes that are currently for sale include 6017 Wall St, 9500 S Spring St and 908 E 79th St. While the average home in Los Angeles, CA is selling in 106 days, 152 W 79Th St has a days on market of 144 days. There are currently 4139 homes for sale in the Los Angeles real estate market and 2834 of them are single family homes while 1183 of them are condos and 115 are townhomes. For more information on this home for sale at 152 W 79Th St Los Angeles, CA 90003 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 152 W 79Th St

Public county record property details
Beds
5
Baths
3
Year built
1923
Sq. Ft.
1,786
Lot Size
6,942
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
306
APN
6031-024-002

The source for these homes facts are from public records.

90003 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$599,000
Median List Price/Sq.Ft.
$562
Median Sold Price
$515,000
Median Sold Price/Sq.Ft.
$535
Total Inventory
49
Median Sale to List Price %
103%
Avg Days on Market
31
Loan Type
Conventional (41.67%), FHA (16.67%), VA (0%), Cash (16.67%), Other (25%)

Thinking of Selling?

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(714) 706-1823

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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