710 W 76Th St, Los Angeles, CA 90044
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710 W 76Th St Los Angeles, CA 90044

$780,000 Sold Price as of 02/26/2021
  • 5 Beds
  • 5 Baths
  • 560 Sq.Ft.
Sold
$780,000 Sold Price as of 02/26/2021 Refinance Your Mortgage

Map preview of 710 W 76Th St, Los Angeles, CA 90044

Property Overview: 710 W 76Th St Los Angeles, CA has 5 bedrooms, 5 bathrooms, 560 living square feet and 7,000 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Subject property is centrally located in Los Angeles, California.The property is built in a court style setting. It was built in 1924 but improvements have been made through the years. The property consists of 5 one bedroom one bath units that are configured in two duplexes and a single family residence. Each unit has its own water heater and is independently metered for electricity and gas. It requires minimum maintenance.There are 4 gated parking spaces accessible through the alley and street parking is available.One unit will be delivered vacant upon the close of escrow. Property recently passed City of Los Angeles SCEP inspections.Owner is a licensed Real Estate Broker. Sellers intent to do a 1031 tax exchange.

Listed by Eric Quiros | BRE #00846492 | Capital Brokers
Last checked: 59 seconds ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 2

Home details

Lot Sq. Ft
7,000
HOA Dues
$0/mo
Year built
1924
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
21678876
City
Los Angeles
County
Los Angeles
Time on Site
1212 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 5
  • Total # of Buildings: 3
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,002
  • Total Rent: $1,002
  • Pro Forma/Market Rent: $1,250
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,047
  • Total Rent: $1,047
  • Pro Forma/Market Rent: $1,250
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,016
  • Total Rent: $1,016
  • Pro Forma/Market Rent: $1,250
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,003
  • Total Rent: $1,003
  • Pro Forma/Market Rent: $1,250
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,250
  • Total Rent: $1,250
  • Pro Forma/Market Rent: $1,250
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 12.3
  • Gross Scheduled Income: --
  • Net Operating Income: $39,579
  • Gross Operating Income: $61,922
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 710 W 76Th St

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Room Information
  • Flooring: Tile, Carpet
Lot Details / Garage and Parking
Parking/Garage Information
  • No
  • Parking Features: None
Property Information
  • Total # of Units: 5
  • Parcel Number: 6020019007
Location / Neighborhood
Location Information
  • Directions: Subject property is located North of Manchester Ave South of Florence Ave, East of Hoover St and West of Figueroa St.
View more facts & features

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Sale History for 710 W 76Th St

Last sold for $780,000 on February 26th, 2021
  • February, 2021

  • Feb 27, 2021

    Date

    Sold

    CRMLS: 21678876

    $780,000

    Price

  • Jan 13, 2021

    Date

    Pending

    CRMLS: 21678876

    $785,000

    Price

  • Jan 12, 2021

    Date

    Active

    CRMLS: 21678876

    $785,000

    Price

  • July, 2004

  • Jul 7, 2004

    Date

    Sold (Public Records)

    Public Records

    $340,500

    Price

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Tax History for 710 W 76Th St

Assessed Value (2020): $438,278
Year Land Value Improved Value Assessed Value
2020 $280,396 $157,882 $438,278

Home Value Compared to the Market

This property vs the competition

710 W 76Th St sold on February 26, 2021 for 34.03% 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 $1401.79 per/sqft which puts the price per square foot 85.67% higher than the current median sale per square foot for the city of Los Angeles.

About 710 W 76Th St

Detailed summary of property

710 W 76Th St is a multi family that recently sold in Los Angeles, CA 90044. This multi family property offered 5 bedrooms, 5 bathrooms, roughly 560 living square feet, and sits on an approximately 7,000 square foot lot. 710 W 76Th St was first listed on ArdentRealEstateGroup.com on January 20, 2021. The homeowner sold the property for $780,000. 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 34.03% lower than the current median priced home. Local homes that are currently for sale include 333 W 74th St, 316 W 75th St and 725 W 83rd St. While the average home in Los Angeles, CA is selling in 94 days, 710 W 76Th St has a days on market of 2 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 710 W 76Th 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 710 W 76Th St

Public county record property details
Beds
5
Baths
5
Year built
1924
Sq. Ft.
2,864
Lot Size
7,000
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
207
APN
6020-019-007

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.