435 W 79th St, Los Angeles, CA 90003
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435 W 79th St Los Angeles, CA 90003

$750,000 Sold Price as of 05/18/2021
  • 8 Beds
  • 5 Baths
  • 3,472 Sq.Ft.
Sold
$750,000 Sold Price as of 05/18/2021 Refinance Your Mortgage

Map preview of 435 W 79th St, Los Angeles, CA 90003

Property Overview: 435 W 79th St Los Angeles, CA has 8 bedrooms, 5 bathrooms, 3,472 living square feet and 5,833 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Excellent residential income property, 5 units, fully occupied. Perfect buy and hold investment property. Three units are 2 bedrooms/1 bathroom and two units are 1 bedroom/1 bathroom. Four single car garages in the rear with front access and 5 open parking spaces in the front. Property has had many upgrades throughout the years. Collects $5,282.94 in rents. All tenants are up to date and in good standing. All month to month.

Listed by Vanessa Penado | BRE #01707197 | Excellence RE Real Estate
Co-listed by Ray Penado | BRE #01709871 | Excellence RE Real Estate
Last checked: 7 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 40

Home details

Lot Sq. Ft
5,833
HOA Dues
$0/mo
Year built
1964
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
DW21007925
City
Los Angeles
County
Los Angeles
Time on Site
1214 days
Property Unit Breakdown
Unit Mix Summary
  • Total # of Units: 5
  • Total # of Buildings: 2
  • # of Leased Units: 5
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Actual Rent: $1,000
  • Total Rent: --
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Actual Rent: $1,000
  • Total Rent: --
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Actual Rent: $1,300
  • Total Rent: --
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Actual Rent: $1,300
  • Total Rent: --
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Actual Rent: $682
  • Total Rent: --
Property Income/Expense Information
Property Income and Analysis
  • Cap Rate: 7%
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $63,395
  • Net Operating Income: $50,395
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $13,000
  • Maintenance: $1,000
  • Water/Sewer: $12,000

Property Details for 435 W 79th St

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • None
Interior Features
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
Exterior Features
Exterior Information
  • Roof: Flat, Rolled/Hot Mop
  • Has Fence
  • Chain Link, Wrought Iron
Lot Details / Garage and Parking
Lot Information
  • Lot Features: Flag Lot, No Landscaping, Park Nearby, Walkstreet
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Total # of Units: 5
  • Parcel Number: 6020035013
  • Year Built Source: Assessor
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Water Source: Public
  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
Location / Neighborhood
Location Information
  • Directions: Between Flower and Figueroa, on 79th St.
View more facts & features

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Sale History for 435 W 79th St

Last sold for $750,000 on May 18th, 2021
  • May, 2021

  • May 24, 2021

    Date

    Sold

    CRMLS: DW21007925

    $750,000

    Price

  • Feb 24, 2021

    Date

    Active Under Contract

    CRMLS: DW21007925

    $725,000

    Price

  • Jan 29, 2021

    Date

    Active

    CRMLS: DW21007925

    $725,000

    Price

  • Jan 19, 2021

    Date

    Active Under Contract

    CRMLS: DW21007925

    $725,000

    Price

  • Jan 13, 2021

    Date

    Active

    CRMLS: DW21007925

    $725,000

    Price

  • February, 2012

  • Feb 29, 2012

    Date

    Sold (Public Records)

    Public Records

    $227,500

    Price

Show More

Tax History for 435 W 79th St

Assessed Value (2020): $261,275
Year Land Value Improved Value Assessed Value
2020 $218,211 $43,064 $261,275

Home Value Compared to the Market

This property vs the competition

435 W 79th St sold on May 18, 2021 for 39.08% lower than the current median sold price for the city of Los Angeles which is $1,190,000. The median sold price per/sqft for Los Angeles is $755 and this home is sold at $208.81 per/sqft which puts the price per square foot 72.34% lower than the current median sale per square foot for the city of Los Angeles.

About 435 W 79th St

Detailed summary of property

435 W 79th St is a multi family that recently sold in Los Angeles, CA 90003. This multi family property offered 8 bedrooms, 5 bathrooms, roughly 3,472 living square feet, and sits on an approximately 5,833 square foot lot. 435 W 79th St was first listed on ArdentRealEstateGroup.com on January 20, 2021. The homeowner sold the property for $750,000. Home in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 39.08% lower than the current median priced home. Local homes that are currently for sale include 4606 Compton Ave, 11111 Wilmington Ave and 1942 W Jefferson Blvd. While the average home in Los Angeles, CA is selling in 92 days, 435 W 79th St has a days on market of 40 days. There are currently 3712 homes for sale in the Los Angeles real estate market and 2493 of them are single family homes while 1120 of them are condos and 93 are townhomes. For more information on this home for sale at 435 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 435 W 79th St

Public county record property details
Beds
8
Baths
5
Year built
1964
Sq. Ft.
3,472
Lot Size
5,832
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
98
APN
6020-035-013

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
$598,000
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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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.