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316 W 75Th St, Los Angeles, CA 90003
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316 W 75Th St Los Angeles, CA 90003

$920,000
  • 8 Beds
  • 4 Baths
  • 2,616 Sq.Ft.
For Sale
$920,000 Get Pre-Qualified
Map preview of 316 W 75Th St, Los Angeles, CA 90003

Property Overview: 316 W 75Th St Los Angeles, CA has 8 bedrooms, 4 bathrooms, 2,616 living square feet and 6,010 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Great opportunity to own an investment property. Front house has 2 bed and 1 bathroom with laundry room. Front Long driveway. Second building has 3 units 2-bedroom 1 bathroom each. Parking on the rear driveway. Each Unit has their own utility's meter. Very essay access to 110- Hwy and close to downtown LA.

Listed by Karina Padilla | BRE #01796301 | KP Realty & Associates
Last checked: 6 minutes ago | Last updated: January 7th, 2024 | Source CRMLS | DOM: 99
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Home details

Lot Sq. Ft
6,010
HOA Dues
$0/mo
Year built
1961
Garage
--
Property Type:
Fourplex
Status
Active
MLS#
SB24002517
City
Los Angeles
County
Los Angeles
Time on Site
118 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 2
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 4
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,605
  • Total Rent: $1,605
  • Pro Forma/Market Rent: $2,000
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,500
  • Total Rent: $1,500
  • Pro Forma/Market Rent: $1,800
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,178
  • Total Rent: $1,178
  • Pro Forma/Market Rent: $1,500
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,144
  • Total Rent: $1,144
  • Pro Forma/Market Rent: $11,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $65,124
  • Net Operating Income: $20,988
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $44,139
  • Electric: $0
  • Gas/Fuel: $0
  • Trash: $1,500
  • Insurance: $2,100
  • Professional Management: $0
  • Water/Sewer: $0

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Property Details for 316 W 75Th St

Interior Features
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Inside
Fireplace Information
  • No Fireplace
  • None
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Driveway
Lot Information
  • Lot Features: Front Yard
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • No View
  • View: None
  • Common Walls: 2+ Common Walls
  • Total # of Units: 4
  • Parcel Number: 6031010014
  • Year Built Source: Assessor
  • Entry Level: 2
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: North of 76th ST West of Broadway
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

Local Los Angeles Agent

Sale History for 316 W 75Th St

Last sold for $580,000 on May 12th, 2016

  • January, 2024

  • Jan 5, 2024

    Date

    Active

    CRMLS: SB24002517

    $920,000

    Price

  • May, 2016

  • May 12, 2016

    Date

    Sold (Public Records)

    Public Records

    $580,000

    Price

  • November, 2011

  • Nov 10, 2011

    Date

    Sold (Public Records)

    Public Records

    $250,000

    Price

Show More

Tax History for 316 W 75Th St

Assessed Value (2020): $627,809
Year Land Value Improved Value Assessed Value
2020 $346,377 $281,432 $627,809

Home Value Compared to the Market

This property vs the competition

316 W 75Th St is listed 24.9% lower than the median list price for the city of Los Angeles which has a median list price of $1,225,000. The median price per/sqft for Los Angeles is $774 and this home is listed at $351.68 per/sqft which puts the price per square foot 54.56% lower than the median price per square foot for the city of Los Angeles.

About 316 W 75Th St

Detailed summary of property

316 W 75Th St is a fourplex located in Los Angeles, CA 90003 and is currently for sale. This fourplex offers 8 bedrooms, 4 bathrooms, roughly 2,616 living square feet, and sits on an approximately 6,010 square foot lot. 316 W 75Th St was first listed on ArdentRealEstateGroup.com on January 5, 2024. The homeowner is currently asking $920,000. The median priced home in Los Angeles is $1,225,000 with a median price per square foot of $774. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 24.9% lower than the median priced home. Local competing homes currently for sale include 725 W 77th St, 702 W 79th St and 348 W 83rd St. While the average home in Los Angeles, CA is selling in 96 days, 316 W 75Th St has a days on market of 99 days. There are currently 3485 homes for sale in the Los Angeles real estate market and 2372 of them are single family homes while 1013 of them are condos and 94 are townhomes. For more information on this home for sale at 316 W 75Th 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 316 W 75Th St

Public county record property details
Beds
8
Baths
4
Year built
1961
Sq. Ft.
2,616
Lot Size
6,008
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
46
APN
6031-010-014

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
$575,000
Median List Price/Sq.Ft.
$582
Median Sold Price
$540,000
Median Sold Price/Sq.Ft.
$534
Total Inventory
37
Median Sale to List Price %
100%
Avg Days on Market
66
Loan Type
Conventional (0%), FHA (66.67%), VA (0%), Cash (0%), Other (16.67%)

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Recently Sold Homes Near 316 W 75Th St

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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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