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

$650,000 Sold Price as of 11/21/2023
  • 6 Beds
  • 4 Baths
  • 2,919 Sq.Ft.
Sold
$650,000 Sold Price as of 11/21/2023 Refinance Your Mortgage
Map preview of 656 E 78Th St, Los Angeles, CA 90001

Property Overview: 656 E 78Th St Los Angeles, CA has 6 bedrooms, 4 bathrooms, 2,919 living square feet and 6,897 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Excellent opportunity in desirable area, this duplex features a fairly new construction 4 bed 3 bath two level home with a spacious floor plan. There is also a separate detached 2 car garage and still plenty of space to entertain. This is the perfect home to live in one and collect max rent for the other. Come see this opportunity today!

Listed by Rene Cobian | BRE #01717535 | Colonial Real Estate
Last checked: 7 minutes ago | Last updated: November 25th, 2023 | Source CRMLS | DOM: 0

Home details

Lot Sq. Ft
6,897
HOA Dues
$0/mo
Year built
1929
Garage
2 Car
Property Type:
Duplex
Status
Sold
MLS#
DW23183374
City
Los Angeles
County
Los Angeles
Time on Site
363 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: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 4
  • # of Baths: 3
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $3,995
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,800
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $6,795
  • Net Operating Income: $2,995
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $3,800
  • Trash: $55
  • Insurance: $1,400
  • Water/Sewer: $150

Property Details for 656 E 78Th St

Interior Features
Laundry Information
  • Has Laundry
  • Inside
Interior Features
  • Levels: One, Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 2
Lot Information
  • Lot Features: Corner Lot
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 6023032029
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Avalon and Florence
Neighborhood Information
  • Community Features: Suburban
View more facts & features

Local Los Angeles Agent

Sale History for 656 E 78Th St

Last sold for $650,000 on November 21st, 2023

  • November, 2023

  • Nov 21, 2023

    Date

    Sold

    CRMLS: DW23183374

    $650,000

    Price

  • Oct 2, 2023

    Date

    Active

    CRMLS: DW23183374

    $650,000

    Price

Tax History for 656 E 78Th St

Assessed Value (2020): $355,405
Year Land Value Improved Value Assessed Value
2020 $122,103 $233,302 $355,405

Home Value Compared to the Market

This property vs the competition

656 E 78Th St sold on November 21, 2023 for 41.96% 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 $222.68 per/sqft which puts the price per square foot 69.24% lower than the current median sale per square foot for the city of Los Angeles.

About 656 E 78Th St

Detailed summary of property

656 E 78Th St is a duplex that recently sold in Los Angeles, CA 90001. This duplex offered 6 bedrooms, 4 bathrooms, roughly 2,919 living square feet, and sits on an approximately 6,897 square foot lot. 656 E 78Th St was first listed on ArdentRealEstateGroup.com on October 2, 2023. The homeowner sold the property for $650,000. 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 41.96% lower than the current median priced home. Local homes that are currently for sale include 344 W 84th Pl, 344 W 84th Pl and 244-246 W 66th St. 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 656 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 656 E 78Th St

Public county record property details
Beds
6
Baths
4
Year built
1929
Sq. Ft.
2,919
Lot Size
6,897
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
889
APN
6023-032-029

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%)

Thinking of Selling?

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(714) 706-1823

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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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