707 W 70th St, Los Angeles, CA 90044
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707 W 70th St Los Angeles, CA 90044

$540,000 Sold Price as of 09/04/2020
  • 16 Beds
  • 16 Baths
  • 1,632 Sq.Ft.
Sold
$540,000 Sold Price as of 09/04/2020 Refinance Your Mortgage

Map preview of 707 W 70th St, Los Angeles, CA 90044

Property Overview: 707 W 70th St Los Angeles, CA has 16 bedrooms, 16 bathrooms, 1,632 living square feet and 5,409 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Dear Investors ** this one is for you !! Drive by only BY APPOINTMENT ONLY** Great Investment opportunity features 4 units all 1 bedroom 1 bath each . All units have been upgraded & are in great condition & will be delivered with established tenants 100% occupied. Each unit has its own gas and electric meters as well as their own parking lot located on the side.

Listed by Paola Hockenhull | BRE #02034688 | KW Vision
Last checked: 6 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 13

Home details

Lot Sq. Ft
5,409
HOA Dues
$0/mo
Year built
1923
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
TR20123987
City
Los Angeles
County
Los Angeles
Time on Site
1345 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 2
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 4
Unit Breakdown 1
  • # of Units: 4
  • # of Beds: 4
  • # of Baths: 4
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $3,900
  • Total Rent: $3,900
  • Pro Forma/Market Rent: $3,900
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $3,900
  • Net Operating Income: $46,800
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $10,000
  • New Taxes: $0
  • Trash: $0
  • Insurance: $0

Property Details for 707 W 70th St

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Gas & Electric Dryer Hookup
Fireplace Information
  • Has Fireplace
  • Bath
Room Information
  • All Bedrooms Down
Interior Features
  • Block Walls
  • Levels: One
  • Window Features: Blinds
  • Security Features: Smoke Detector(s)
Exterior Features
Exterior Information
  • Roof: Flat
  • Has Fence
  • Block, Wrought Iron
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 6
  • Has Parking
  • Parking Features: Controlled Entrance
Lot Information
  • Lot Features: Corner Lot
  • Lot Size Source: Assessor
  • Common Interest: Planned Development
Property Information
  • No View
  • View: None
  • Common Walls: 1 Common Wall
  • Total # of Units: 4
  • Parcel Number: 6013021009
  • Year Built Source: Assessor
  • Foundation Details: Brick/Mortar
  • Property is Attached
  • Property Condition: Updated/Remodeled
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Agricultural Well
  • Utilities: Cable Available
Assessment Information
  • Has Assessments
  • Assessments: Unknown
Location / Neighborhood
Location Information
  • Directions: google maps
  • Road Surface Type: Paved
Neighborhood Information
  • Community Features: Curbs
View more facts & features

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Sale History for 707 W 70th St

Last sold for $540,000 on September 4th, 2020
  • September, 2020

  • Sep 4, 2020

    Date

    Sold

    CRMLS: TR20123987

    $540,000

    Price

  • Jul 28, 2020

    Date

    Pending

    CRMLS: TR20123987

    $549,000

    Price

  • Jul 26, 2020

    Date

    Hold

    CRMLS: TR20123987

    $549,000

    Price

  • Jul 26, 2020

    Date

    Active

    CRMLS: TR20123987

    $549,000

    Price

  • Jul 8, 2020

    Date

    Hold

    CRMLS: TR20123987

    $549,000

    Price

  • Jun 26, 2020

    Date

    Active

    CRMLS: TR20123987

    $549,000

    Price

  • September, 2020

  • Sep 4, 2020

    Date

    Sold (Public Records)

    Public Records

    $540,000

    Price

  • November, 2019

  • Nov 16, 2019

    Date

    Expired

    CRMLS: TR19168577

    $549,000

    Price

  • Oct 2, 2019

    Date

    Hold

    CRMLS: TR19168577

    $549,000

    Price

  • Oct 2, 2019

    Date

    Active

    CRMLS: TR19168577

    $549,000

    Price

  • Sep 21, 2019

    Date

    Hold

    CRMLS: TR19168577

    $549,000

    Price

  • Sep 21, 2019

    Date

    Active

    CRMLS: TR19168577

    $549,000

    Price

  • Aug 22, 2019

    Date

    Hold

    CRMLS: TR19168577

    $549,000

    Price

  • Aug 10, 2019

    Date

    Active

    CRMLS: TR19168577

    $549,000

    Price

  • Aug 2, 2019

    Date

    Hold

    CRMLS: TR19168577

    $549,000

    Price

  • Jul 16, 2019

    Date

    Active

    CRMLS: TR19168577

    $549,000

    Price

  • Listing provided courtesy of CRMLS

    DRIVE BY ONLY**BY APPOINTMENT ONLY 72 HOUR NOTICE Great investment opportunity here in Los Angeles. The property features 4 units and each unit consists of 1 bedroom and 1 bathroom. All units have established tenants and will be delivered 100% occupied. Good paying tenants Units have many upgrades and are well maintained Each unit has its own gas and electric meters as well as their own parking lot located on the side. Located near shopping and freeways. Submit all offer subject to Interior Inspection ALL OFFERS WILL BE REVIEWED JULY 31st

  • March, 1994

  • Mar 22, 1994

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 707 W 70th St

Assessed Value (2020): $266,294
Year Land Value Improved Value Assessed Value
2020 $206,069 $60,225 $266,294

Home Value Compared to the Market

This property vs the competition

707 W 70th St sold on September 4, 2020 for 50.98% 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 $336.4 per/sqft which puts the price per square foot 53.54% lower than the current median sale per square foot for the city of Los Angeles.

About 707 W 70th St

Detailed summary of property

707 W 70th St is a multi family that recently sold in Los Angeles, CA 90044. This multi family property offered 16 bedrooms, 16 bathrooms, roughly 1,632 living square feet, and sits on an approximately 5,409 square foot lot. 707 W 70th St was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $540,000. 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 50.98% lower than the current median priced home. Local homes that are currently for sale include 9500 S Spring St, 908 E 79th St and 845 E 80th St. While the average home in Los Angeles, CA is selling in 106 days, 707 W 70th St has a days on market of 13 days. There are currently 4052 homes for sale in the Los Angeles real estate market and 2782 of them are single family homes while 1148 of them are condos and 116 are townhomes. For more information on this home for sale at 707 W 70th 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 707 W 70th St

Public county record property details
Beds
4
Baths
4
Year built
1923
Sq. Ft.
1,632
Lot Size
5,408
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
33
APN
6013-021-009

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
$650,000
Median List Price/Sq.Ft.
$513
Median Sold Price
$717,000
Median Sold Price/Sq.Ft.
$513
Total Inventory
87
Median Sale to List Price %
102.58%
Avg Days on Market
27
Loan Type
Conventional (38.1%), FHA (23.81%), VA (0%), Cash (9.52%), Other (9.52%)

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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.