238 W 78Th St, Los Angeles, CA 90003
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238 W 78Th St Los Angeles, CA 90003

$710,000 Sold Price as of 06/28/2022
  • 6 Beds
  • 2.5 Baths
  • 2,162 Sq.Ft.
Sold
$710,000 Sold Price as of 06/28/2022 Refinance Your Mortgage

Map preview of 238 W 78Th St, Los Angeles, CA 90003

Property Overview: 238 W 78Th St Los Angeles, CA has 6 bedrooms, 2.5 bathrooms, 2,162 living square feet and 6,436 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Investors or Owner occupants, several options...rent both units out, live in one rent the other or occupy both! Located near freeway, Police station, shopping, public transportation, schools, park and so much more! Plenty of onsite parking!

Listed by Guillermo Blanco | BRE #01764806 | TNG Real Estate Consultants
Last checked: 12 minutes ago | Last updated: June 29th, 2022 | Source CRMLS | DOM: 23

Home details

Lot Sq. Ft
6,436
HOA Dues
$0/mo
Year built
1925
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
DW22063020
City
Los Angeles
County
Los Angeles
Time on Site
914 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 2
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,200
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,600
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $1,200
  • Pro Forma/Market Rent: $3,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $66,000
  • Net Operating Income: $49,500
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $16,500
  • Trash: $600
  • Insurance: $1,440

Property Details for 238 W 78Th St

Interior Features
Laundry Information
  • Has Laundry
  • Individual Room
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Auto Driveway Gate, Carport, Driveway, Concrete
Lot Information
  • Lot Features: Back Yard, Front Yard, Rectangular Lot
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 6031020006
  • Year Built Source: Assessor
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: East of 110fwy and East of S. Broadway
Neighborhood Information
  • Community Features: Curbs, Gutters, Park, Sidewalks, Storm Drains, Street Lights
View more facts & features

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Sale History for 238 W 78Th St

Last sold for $710,000 on June 28th, 2022
  • March, 2022

  • Mar 30, 2022

    Date

    Active

    CRMLS: DW22063020

    $760,000

    Price

  • January, 2004

  • Jan 23, 2004

    Date

    Sold (Public Records)

    Public Records

    $280,000

    Price

  • February, 2003

  • Feb 27, 2003

    Date

    Sold (Public Records)

    Public Records

    $139,328

    Price

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Tax History for 238 W 78Th St

Assessed Value (2020): $399,398
Year Land Value Improved Value Assessed Value
2020 $169,001 $230,397 $399,398

Home Value Compared to the Market

This property vs the competition

238 W 78Th St sold on June 28, 2022 for 32.14% 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 $351.53 per/sqft which puts the price per square foot 51.45% lower than the current median sale per square foot for the city of Los Angeles.

About 238 W 78Th St

Detailed summary of property

238 W 78Th St is a multi family that recently sold in Los Angeles, CA 90003. This multi family property offered 6 bedrooms, 2.5 bathrooms, roughly 2,162 living square feet, and sits on an approximately 6,436 square foot lot. 238 W 78Th St was first listed on ArdentRealEstateGroup.com on March 30, 2022. The homeowner sold the property for $710,000. 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 32.14% lower than the current median priced home. Local homes that are currently for sale include 635 W 82nd St, 341 E 82nd St and 7908 Towne Ave. While the average home in Los Angeles, CA is selling in 106 days, 238 W 78Th St has a days on market of 23 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 238 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 238 W 78Th St

Public county record property details
Beds
5
Baths
2
Year built
1925
Sq. Ft.
1,788
Lot Size
6,436
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
244
APN
6031-020-006

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%)

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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.