513 W 75Th St, Los Angeles, CA 90044
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513 W 75Th St Los Angeles, CA 90044

$699,000 Sold Price as of 11/21/2022
  • 5 Beds
  • 4 Baths
  • 2,529 Sq.Ft.
Sold
$699,000 Sold Price as of 11/21/2022 Refinance Your Mortgage

Map preview of 513 W 75Th St, Los Angeles, CA 90044

Property Overview: 513 W 75Th St Los Angeles, CA has 5 bedrooms, 4 bathrooms, 2,529 living square feet and 7,285 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Excellent opportunity to purchase a 4 unit building. There are three 1/1's and one 2 bedroom one bath. Each unit has their own spacious living room, kitchen & dining room combo with lots of cabinet space. Separate water heaters and separately metered for gas and electricity. Loads of potential with rents below market and plenty of upside.

Listed by Carlos Estrada | BRE #01413560 | Liberty Investment Group
Last checked: 10 minutes ago | Last updated: November 21st, 2022 | Source CRMLS | DOM: 54

Home details

Lot Sq. Ft
7,285
HOA Dues
$0/mo
Year built
1941
Garage
4 Car
Property Type:
Fourplex
Status
Sold
MLS#
IG22195520
City
Los Angeles
County
Los Angeles
Time on Site
618 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 2
  • # of Leased Units: 4
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $968
  • Total Rent: $968
  • Pro Forma/Market Rent: $1,600
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,653
  • Total Rent: $1,653
  • Pro Forma/Market Rent: $2,100
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $857
  • Total Rent: $857
  • Pro Forma/Market Rent: $1,600
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $968
  • Total Rent: $968
  • Pro Forma/Market Rent: $1,600
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 13.3
  • Gross Scheduled Income: $53,352
  • Net Operating Income: $38,056
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $15,296
  • Electric: $0
  • Licenses: $187
  • New Taxes: $6,967
  • Furniture Replacement: $0
  • Trash: $0
  • Cable TV: $0
  • Gardener: $1,992
  • Insurance: $2,602
  • Water/Sewer: $3,348

Property Details for 513 W 75Th St

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • No Laundry
  • None
Fireplace Information
  • No Fireplace
  • None
Room Information
  • All Bedrooms Down
Interior Features
  • Levels: One
Exterior Features
Exterior Information
  • Roof: Shingle
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 4
  • Has Parking
  • Parking Features: Garage
Lot Information
  • Lot Features: Yard
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: Neighborhood
  • Common Walls: 1 Common Wall
  • Total # of Units: 4
  • Parcel Number: 6020024018
  • Year Built Source: Assessor
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Cable Available, Electricity Available, Natural Gas Connected, Sewer Connected, Water Connected
Location / Neighborhood
Location Information
  • Directions: From S. Figueroa turn left onto W 75th St
  • Road Frontage Type: City Street
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

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Sale History for 513 W 75Th St

Last sold for $699,000 on November 21st, 2022
  • November, 2022

  • Nov 21, 2022

    Date

    Sold

    CRMLS: IG22195520

    $699,000

    Price

  • Sep 7, 2022

    Date

    Active

    CRMLS: IG22195520

    $820,000

    Price

  • November, 2017

  • Nov 5, 2017

    Date

    Sold

    CRMLS: DW17214184

    $525,000

    Price

  • Oct 16, 2017

    Date

    Pending

    CRMLS: DW17214184

    $540,000

    Price

  • Sep 15, 2017

    Date

    Active

    CRMLS: DW17214184

    $540,000

    Price

  • Listing provided courtesy of CRMLS

    Great oppertunity to own your own fourplex, 1 bed , 1 bath in all

  • November, 2017

  • Nov 1, 2017

    Date

    Sold (Public Records)

    Public Records

    $530,500

    Price

  • September, 2017

  • Sep 1, 2017

    Date

    Expired

    CRMLS: SR17059150

    $520,000

    Price

  • May 11, 2017

    Date

    Price Change

    CRMLS: SR17059150

    $520,000

    Price

  • Apr 1, 2017

    Date

    Active

    CRMLS: SR17059150

    $540,000

    Price

  • Mar 31, 2017

    Date

    Pending

    CRMLS: SR17059150

    $540,000

    Price

  • Mar 22, 2017

    Date

    Active

    CRMLS: SR17059150

    $540,000

    Price

  • Listing provided courtesy of CRMLS

    Great opportunity to own your Fourplex- 4 units offering 1 bedroom 1 bath in all. These units each have their spacious living room, kitchen/dining combo with lots of cabinet space, full bathroom, and large bedroom. They also each have 1 car garage with alley access that may be used as storage. Each unit offers their own water heater, electrical meter and gas meter. Great location for always having rental income. Centrally located to transportation, freeway and shopping centers.

  • September, 2015

  • Sep 1, 2015

    Date

    Sold (Public Records)

    Public Records

    $420,000

    Price

Show More

Tax History for 513 W 75Th St

Assessed Value (2020): $551,932
Year Land Value Improved Value Assessed Value
2020 $384,948 $166,984 $551,932

Home Value Compared to the Market

This property vs the competition

513 W 75Th St sold on November 21, 2022 for 40.34% 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 $280.74 per/sqft which puts the price per square foot 62.82% lower than the current median sale per square foot for the city of Los Angeles.

About 513 W 75Th St

Detailed summary of property

513 W 75Th St is a fourplex that recently sold in Los Angeles, CA 90044. This fourplex offered 5 bedrooms, 4 bathrooms, roughly 2,529 living square feet, and sits on an approximately 7,285 square foot lot. 513 W 75Th St was first listed on ArdentRealEstateGroup.com on September 7, 2022. The homeowner sold the property for $699,000. 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 40.34% lower than the current median priced home. Local homes that are currently for sale include 937 W 68th St, 444 W Gage Ave and 440 W Gage Ave. While the average home in Los Angeles, CA is selling in 92 days, 513 W 75Th St has a days on market of 54 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 513 W 75Th St Los Angeles, CA 90044 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 513 W 75Th St

Public county record property details
Beds
4
Baths
4
Year built
1941
Sq. Ft.
2,529
Lot Size
7,284
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
129
APN
6020-024-018

The source for these homes facts are from public records.

90044 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$669,000
Median List Price/Sq.Ft.
$516
Median Sold Price
$739,000
Median Sold Price/Sq.Ft.
$461
Total Inventory
79
Median Sale to List Price %
105.57%
Avg Days on Market
76
Loan Type
Conventional (35.71%), FHA (35.71%), VA (0%), Cash (7.14%), Other (0%)

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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.