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701 W 78Th St, Los Angeles, CA 90044
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701 W 78Th St Los Angeles, CA 90044

$585,000 Sold Price as of 04/19/2020
  • 14 Beds
  • 10 Baths
  • 2,788 Sq.Ft.
Sold
$585,000 Sold Price as of 04/19/2020 Refinance Your Mortgage
Map preview of 701 W 78Th St, Los Angeles, CA 90044

Property Overview: 701 W 78Th St Los Angeles, CA has 14 bedrooms, 10 bathrooms, 2,788 living square feet and 7,001 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Trust Sale, $-Units, Single Family Residence at front & 2-story 3 -unit building at back. Substantial Tenant Courtyard Parking. Separately metered. Do not disturb Tenants. Tenants Section 8 Tenants. Sold AS IS, seller will not make any repairs. Seller will require Notice of Proposed action for the confirmation of the property. Seller has no knowledge of the condition of the property. Buyer to verify all sizes, zoning & all information.

Listed by Anthony Fitzgerald | BRE #01248708 | Braun International Real Estate
Last checked: 4 minutes ago | Last updated: September 16th, 2022 | Source CRMLS | DOM: 104

Home details

Lot Sq. Ft
7,001
HOA Dues
$0/mo
Year built
1921
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
19523938
City
Los Angeles
County
Los Angeles
Time on Site
1220 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 2
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,022
  • Total Rent: $1,022
  • Pro Forma/Market Rent: $1,022
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $980
  • Total Rent: $980
  • Pro Forma/Market Rent: $980
Unit Breakdown 3
  • # of Units: 3
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $988
  • Total Rent: $988
  • Pro Forma/Market Rent: $988
Unit Breakdown 4
  • # of Units: 4
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,794
  • Total Rent: $1,794
  • Pro Forma/Market Rent: $1,794
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 12.18
  • Gross Scheduled Income: --
  • Net Operating Income: $0
  • Gross Operating Income: $57,408
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 701 W 78Th St

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Central
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 5
  • Has Parking
  • Parking Features: Parking Space
Lot Information
  • Lot Size Source: Assessor
Property Information
  • Total # of Units: 4
  • Parcel Number: 6020018016
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Location / Neighborhood
Location Information
  • Directions: West 78th Street to property
View more facts & features

Local Los Angeles Agent

Sale History for 701 W 78Th St

Last sold on July 16th, 2020

  • July, 2020

  • Jul 16, 2020

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • April, 2020

  • Apr 19, 2020

    Date

    Sold

    CRMLS: 19523938

    $585,000

    Price

  • Feb 5, 2020

    Date

    Pending

    CRMLS: 19523938

    $699,000

    Price

  • Oct 25, 2019

    Date

    Active

    CRMLS: 19523938

    $699,000

    Price

  • April, 2020

  • Apr 15, 2020

    Date

    Sold (Public Records)

    Public Records

    $585,000

    Price

Show More

Tax History for 701 W 78Th St

Assessed Value (2020): $295,579
Year Land Value Improved Value Assessed Value
2020 $186,403 $109,176 $295,579

Home Value Compared to the Market

This property vs the competition

701 W 78Th St sold on April 19, 2020 for 41.26% 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 $250.72 per/sqft which puts the price per square foot 66.79% lower than the current median sale per square foot for the city of Los Angeles.

About 701 W 78Th St

Detailed summary of property

701 W 78Th St is a multi family that recently sold in Los Angeles, CA 90044. This multi family property offered 14 bedrooms, 10 bathrooms, roughly 2,788 living square feet, and sits on an approximately 7,001 square foot lot. 701 W 78Th St was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $585,000. 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 41.26% lower than the current median priced home. Local homes that are currently for sale include 820-822 W 61st St, 1217 W 89th St and 1253 W 65th St. While the average home in Los Angeles, CA is selling in 94 days, 701 W 78Th St has a days on market of 104 days. There are currently 3654 homes for sale in the Los Angeles real estate market and 2456 of them are single family homes while 1102 of them are condos and 90 are townhomes. For more information on this home for sale at 701 W 78Th 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 701 W 78Th St

Public county record property details
Beds
5
Baths
4
Year built
1921
Sq. Ft.
2,788
Lot Size
7,000
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
292
APN
6020-018-016

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%)

Thinking of Selling?

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(714) 706-1823

Homes for Sale Near 701 W 78Th 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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