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645 E 78Th St, Los Angeles, CA 90001
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645 E 78Th St Los Angeles, CA 90001

$1,099,000
  • 8 Beds
  • 5 Baths
  • 3,461 Sq.Ft.
For Sale
$1,099,000 Get Pre-Qualified
Map preview of 645 E 78Th St, Los Angeles, CA 90001

Property Overview: 645 E 78Th St Los Angeles, CA has 8 bedrooms, 5 bathrooms, 3,461 living square feet and 5,099 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: Newer construction duplex with huge rent upside potential. Each unit is approximately 1760sf with 4 bedrooms and 2.5 baths. Each unit has a two car garage and the property comes with central heating, interior laundry, upgraded kitchen cabinets and countertops and drought tolerant landscaping. Separate electric and gas meters, tenants pay all utilities except water/sewer. Great location nearby to shopping, transportation, airports, sports centers and highways. This duplex could be a great addition to your investment portfolio.

Listed by Steven Patton | BRE #01263345 | HCM Real Estate
Co-listed by Lenny Spangler | BRE #01209777 | HCM Real Estate
Last checked: 6 minutes ago | Last updated: September 29th, 2024 | Source CRMLS | DOM: 0

Home details

Lot Sq. Ft
5,099
HOA Dues
$0/mo
Year built
2016
Garage
4 Car
Property Type:
Duplex
Status
Active
MLS#
OC24173228
City
Los Angeles
County
Los Angeles
Time on Site
12 hours
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
  • # of Leased Units: 2
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 0
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 4
  • # of Baths: 3
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,912
  • Total Rent: $2,912
  • Pro Forma/Market Rent: $4,320
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 4
  • # of Baths: 3
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,912
  • Total Rent: $2,912
  • Pro Forma/Market Rent: $4,320
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $69,888
  • Net Operating Income: $41,117
  • Gross Operating Income: $69,888
Annual Expense Breakdown
  • Total Operating Expense: $28,771
  • Electric: $0
  • Gas/Fuel: $0
  • New Taxes: $9,312
  • Trash: $4,710
  • Insurance: $1,500
  • Maintenance: $8,532
  • Water/Sewer: $4,710

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Property Details for 645 E 78Th St

Interior Features
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Gas & Electric Dryer Hookup
Fireplace Information
  • No Fireplace
  • None
Interior Features
  • Levels: Two
Exterior Features
Exterior Information
  • Roof: Composition
  • Has Fence
  • Wrought Iron
  • 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: Level with Street
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • No View
  • View: None
  • Common Walls: 1 Common Wall
  • Total # of Units: 2
  • Parcel Number: 6023025021
  • Year Built Source: Seller
  • Entry Level: 1
  • Property is Attached
  • Offered With Property: all appliances
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Assessment Information
  • Has Assessments
  • Assessments: Unknown
Location / Neighborhood
Location Information
  • Directions: Avalon & 78th
  • Road Frontage Type: City Street
Neighborhood Information
  • Community Features: Curbs
View more facts & features

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Sale History for 645 E 78Th St

Last sold for $699,000 on March 7th, 2017

  • September, 2024

  • Sep 28, 2024

    Date

    Active

    CRMLS: OC24173228

    $1,099,000

    Price

  • November, 2023

  • Nov 14, 2023

    Date

    Canceled

    CRMLS: OC23142224

    $1,149,888

    Price

  • Aug 2, 2023

    Date

    Active

    CRMLS: OC23142224

    $1,199,888

    Price

  • Listing provided courtesy of CRMLS

    Large Investment Duplex, newer construction built in 2017. Fully leased at $5,600/month with upside potential to $7,600. Each unit is approximately 1760 sf with 4 bedrooms and 2.5 baths. Each unit has a 2 car garage and the property comes with central air & heating, interior laundry, upgraded kitchen cabinets and countertops and drought tolerant landscaping. Separate electric and gas meters, tenants pay all utilities except water/sewer. Great location nearby to shopping, transportation, airports and highways. This duplex could be a great addition to your investment portfolio.

  • March, 2017

  • Mar 7, 2017

    Date

    Sold (Public Records)

    Public Records

    $699,000

    Price

  • October, 2016

  • Oct 18, 2016

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 645 E 78Th St

Assessed Value (2020): $741,783
Year Land Value Improved Value Assessed Value
2020 $423,421 $318,362 $741,783

Home Value Compared to the Market

This property vs the competition

645 E 78Th St is listed 8.42% lower than the median list price for the city of Los Angeles which has a median list price of $1,200,000. The median price per/sqft for Los Angeles is $771 and this home is listed at $317.54 per/sqft which puts the price per square foot 58.81% lower than the median price per square foot for the city of Los Angeles.

About 645 E 78Th St

Detailed summary of property

645 E 78Th St is a duplex located in Los Angeles, CA 90001 and is currently for sale. This duplex offers 8 bedrooms, 5 bathrooms, roughly 3,461 living square feet, and sits on an approximately 5,099 square foot lot. 645 E 78Th St was first listed on ArdentRealEstateGroup.com on September 29, 2024. The homeowner is currently asking $1,099,000. The median priced home in Los Angeles is $1,200,000 with a median price per square foot of $771. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 8.42% lower than the median priced home. Local competing homes currently for sale include 9004 S San Pedro St, 317 W 76th St and 1158 E 88th Pl. 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 645 E 78Th St Los Angeles, CA 90001 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 645 E 78Th St

Public county record property details
Beds
8
Baths
6
Year built
2016
Sq. Ft.
3,520
Lot Size
5,098
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
870
APN
6023-025-021

The source for these homes facts are from public records.

90001 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$589,000
Median List Price/Sq.Ft.
$551
Median Sold Price
$640,000
Median Sold Price/Sq.Ft.
$549
Total Inventory
35
Median Sale to List Price %
106.68%
Avg Days on Market
19
Loan Type
Conventional (25%), FHA (50%), VA (0%), Cash (16.67%), Other (8.33%)

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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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