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207 W 78th St, Los Angeles, CA 90003
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207 W 78th St Los Angeles, CA 90003

$810,000 Sold Price as of 09/16/2022
  • 7 Beds
  • 4 Baths
  • 2,039 Sq.Ft.
Sold
$810,000 Sold Price as of 09/16/2022 Refinance Your Mortgage
Map preview of 207 W 78th St, Los Angeles, CA 90003

Property Overview: 207 W 78th St Los Angeles, CA has 7 bedrooms, 4 bathrooms, 2,039 living square feet and 6,301 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Welcome to Los Angeles Florence West an up and coming neighborhood within minutes to Downtown Los Angeles. This income property has two homes on a lot and brings an incredible opportunity for first time home buyers, cashflow investors, buy and hold investors, or you can “house hack” by living in one unit and renting out the other unit. The front unit is occupied with great tenants, huge 5 bedroom 2 bath with a spacious attic that can be converted into an extra bedroom or living space. The front unit has been fully remodeled with new flooring, new paint, new double pane windows, newer roof, remodeled kitchen and bathrooms. The second unit is ready to move in is a spacious 2 bedroom 2 bath home. There is plenty of parking space on the lot, enough to park up to 6 cars with seamless access from the alley. Why rent when you can own and live in the back unit, rent out the front unit, and cut your payments in more than half! Live nearly mortgage free. Property it’s centrally located near the University of Southern California, The iconic LA Memorial Coliseum, LAX, LAFC stadium, new SOFI Stadium, major freeways 110, 10, 105, stores & shops, and minutes away from the vibrant DTLA.

Listed by Carlos Garcia | BRE #02077351 | Nueva Real Estate
Last checked: 8 minutes ago | Last updated: September 19th, 2022 | Source CRMLS | DOM: 45

Home details

Lot Sq. Ft
6,301
HOA Dues
$0/mo
Year built
1922
Garage
--
Property Type:
Duplex
Status
Sold
MLS#
DW22129073
City
Los Angeles
County
Los Angeles
Time on Site
837 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 2
  • # of Leased Units: 2
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 5
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $3,500
  • Total Rent: $3,500
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,800
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $0
  • Net Operating Income: $0
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $0
  • Electric: $0
  • Gas/Fuel: $0
  • Trash: $0
  • Insurance: $0
  • Water/Sewer: $0

Property Details for 207 W 78th St

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Gas Dryer Hookup, Individual Room, Washer Hookup
Fireplace Information
  • No Fireplace
  • None
Interior Features
  • Levels: One
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 6031017020
  • Year Built Source: Public Records
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Between Broadway and Main St.
Neighborhood Information
  • Community Features: Park
View more facts & features

Local Los Angeles Agent

Sale History for 207 W 78th St

Last sold for $810,000 on September 16th, 2022

  • September, 2022

  • Sep 16, 2022

    Date

    Sold

    CRMLS: DW22129073

    $810,000

    Price

  • Jun 15, 2022

    Date

    Active

    CRMLS: DW22129073

    $819,999

    Price

  • February, 2021

  • Feb 23, 2021

    Date

    Sold

    CRMLS: PW21003833

    $670,000

    Price

  • Jan 21, 2021

    Date

    Pending

    CRMLS: PW21003833

    $655,000

    Price

  • Jan 11, 2021

    Date

    Active

    CRMLS: PW21003833

    $655,000

    Price

  • Listing provided courtesy of CRMLS

    Welcome to Florence West an up and coming neighborhood within minutes to Downtown Los Angeles. This income property has two homes on a lot and brings an incredible opportunity for first time home buyers, cashflow investors, buy and hold investors, or you can “house hack” by living in one unit and renting out the other unit. The front unit is a huge vacant 5 bedroom 2 bath with a spacious attic that can be converted into an extra bedroom or living space. The front unit has been fully remodeled with new flooring, new paint, new double pane windows, newer roof, remodeled kitchen and bathrooms. This home is a perfect size for a big family and move in ready. The second unit is a spacious 2 bedroom 1 bath. There is plenty of parking space on the lot, enough to park up to 6 cars with seamless access from the alley. The property also includes an extra separate room for laundry coin operated machines, for extra monthly income. This neighborhood is yet to be unlocked and explode in value in Los Angeles. Why rent when you can own and live in the front unit, rent out the back unit, and cut your payments in half! it’s centrally located near the University of Southern California, The iconic LA Memorial Coliseum, LAX, LAFC stadium, major freeways 110, 10, 105, stores & shops, and minutes away from the vibrant DTLA. Don’t delay! This opportunity will not last!

  • February, 2021

  • Feb 23, 2021

    Date

    Sold (Public Records)

    Public Records

    $670,000

    Price

  • December, 2020

  • Dec 7, 2020

    Date

    Expired

    CRMLS: DW20210121

    $3,100

    Price

  • Dec 2, 2020

    Date

    Withdrawn

    CRMLS: DW20210121

    $3,100

    Price

  • Oct 27, 2020

    Date

    Price Change

    CRMLS: DW20210121

    $3,100

    Price

  • Oct 22, 2020

    Date

    Price Change

    CRMLS: DW20210121

    $3,230

    Price

  • Oct 6, 2020

    Date

    Active

    CRMLS: DW20210121

    $3,330

    Price

  • Listing provided courtesy of CRMLS

    Rent this completely remodeled contemporary styled 5 bedroom 2 bathroom house. This two on a lot house is the front house & it has 5 bedrooms 2 baths. The house at back is already rented. The home is centrally located in the heart of Los Angeles! This home features new natural stone flooring throughout, an open floor plan with a newly built kitchen. Beautiful wood cabinetry, new countertops, new windows, new paint a separate private washer & dryer room. Amenities include: Attached Washer & dryer room, a large attic for storage & security cameras with a monitoring station security system & plenty of parking in the back as well as street parking , This home is close to freeways, shops, parks, Police department, schools & other amenities. Call today for more details on how to view & apply today. Must adhere to COVID-19 safety precautions & standards upon view. Set up your private viewing today! Tenant pays all utilities owner pays for the lawn care.

  • August, 2019

  • Aug 30, 2019

    Date

    Sold

    CRMLS: IN19074653

    $540,000

    Price

  • May 13, 2019

    Date

    Pending

    CRMLS: IN19074653

    $550,000

    Price

  • Apr 3, 2019

    Date

    Active

    CRMLS: IN19074653

    $550,000

    Price

  • Listing provided courtesy of CRMLS

    Great Investment property if you are looking to get into owing Real Estate. located on a great street with shopping and freeway access. Showing are appointment only please do not disturb tenant call for a showing.

  • August, 2019

  • Aug 27, 2019

    Date

    Sold (Public Records)

    Public Records

    $540,000

    Price

Show More

Tax History for 207 W 78th St

Assessed Value (2020): $540,240
Year Land Value Improved Value Assessed Value
2020 $400,000 $140,240 $540,240

Home Value Compared to the Market

This property vs the competition

207 W 78th St sold on September 16, 2022 for 26.79% 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 $402.16 per/sqft which puts the price per square foot 44.45% lower than the current median sale per square foot for the city of Los Angeles.

About 207 W 78th St

Detailed summary of property

207 W 78th St is a duplex that recently sold in Los Angeles, CA 90003. This duplex offered 7 bedrooms, 4 bathrooms, roughly 2,039 living square feet, and sits on an approximately 6,301 square foot lot. 207 W 78th St was first listed on ArdentRealEstateGroup.com on June 15, 2022. The homeowner sold the property for $810,000. 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 26.79% lower than the current median priced home. Local homes that are currently for sale include 428 W 69th St, 345 E 82nd St and 441 W 69th St. While the average home in Los Angeles, CA is selling in 106 days, 207 W 78th St has a days on market of 45 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 207 W 78th 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 207 W 78th St

Public county record property details
Beds
5
Baths
2
Year built
1922
Sq. Ft.
2,039
Lot Size
6,300
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
228
APN
6031-017-020

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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Thinking of Selling?
Call, Text or Message
(714) 706-1823

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Recently Sold Homes Near 207 W 78th St

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$635,000 Last Sold Price
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134 W 78th St, Los Angeles, CA 90003
$510,000 Last Sold Price
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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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