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

$825,000 Sold Price as of 01/04/2022
  • 6 Beds
  • 4 Baths
  • 2,116 Sq.Ft.
Sold
$825,000 Sold Price as of 01/04/2022 Refinance Your Mortgage
Map preview of 723 W 78Th St, Los Angeles, CA 90044

Property Overview: 723 W 78Th St Los Angeles, CA has 6 bedrooms, 4 bathrooms, 2,116 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: income duplex with no rent control

Listed by Victoria Hill | BRE #01956954 | Seven Gables Real Estate
Last checked: 14 minutes ago | Last updated: March 23rd, 2022 | Source CRMLS | DOM: 0

Home details

Lot Sq. Ft
7,000
HOA Dues
$0/mo
Year built
1922
Garage
2 Car
Property Type:
Multi Family
Status
Sold
MLS#
OC21268248
City
Los Angeles
County
Los Angeles
Time on Site
879 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: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,700
  • Total Rent: $2,700
  • Pro Forma/Market Rent: $2,700
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,700
  • Total Rent: $2,700
  • Pro Forma/Market Rent: $2,700
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $64,800
  • Net Operating Income: $52,800
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $12,000
  • Electric: $0
  • Gas/Fuel: $0
  • Trash: $0
  • Insurance: $0
  • Water/Sewer: $0

Property Details for 723 W 78Th St

Interior Features
Laundry Information
  • Has Laundry
  • Inside
Interior Features
  • Levels: One
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: 2-5 Units/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 6020018020
  • Year Built Source: Assessor
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: w 78th
Neighborhood Information
  • Community Features: Curbs
View more facts & features

Local Los Angeles Agent

Sale History for 723 W 78Th St

Last sold for $825,000 on January 4th, 2022

  • January, 2022

  • Jan 4, 2022

    Date

    Sold

    CRMLS: OC21268248

    $825,000

    Price

  • Dec 23, 2021

    Date

    Active

    CRMLS: OC21268248

    $850,000

    Price

  • December, 2018

  • Dec 11, 2018

    Date

    Sold

    CRMLS: 18386164

    $435,000

    Price

  • Sep 25, 2018

    Date

    Pending

    CRMLS: 18386164

    $408,888

    Price

  • Sep 15, 2018

    Date

    Active

    CRMLS: 18386164

    $408,888

    Price

  • Listing provided courtesy of CRMLS

    Don't Wait!!!! Bring your hammer and your nails. Take advantage of this great tear-down opportunity! Perfect for any buyer/investor with vision and willing to put in the work. Come with a great imagination to make it a perfect investment property! Very close to the 110 freeway and only 10 minute drive from the Forum and the new Stadium and less than 15 minutes from USC. All offers will be reviewed on September 21st.

  • December, 2018

  • Dec 6, 2018

    Date

    Sold (Public Records)

    Public Records

    $435,000

    Price

  • December, 1999

  • Dec 17, 1999

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 723 W 78Th St

Assessed Value (2020): $443,700
Year Land Value Improved Value Assessed Value
2020 $357,000 $86,700 $443,700

Home Value Compared to the Market

This property vs the competition

723 W 78Th St sold on January 4, 2022 for 28.57% 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 $401.7 per/sqft which puts the price per square foot 46.79% lower than the current median sale per square foot for the city of Los Angeles.

About 723 W 78Th St

Detailed summary of property

723 W 78Th St is a multi family that recently sold in Los Angeles, CA 90044. This multi family property offered 6 bedrooms, 4 bathrooms, roughly 2,116 living square feet, and sits on an approximately 7,000 square foot lot. 723 W 78Th St was first listed on ArdentRealEstateGroup.com on December 23, 2021. The homeowner sold the property for $825,000. 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 28.57% lower than the current median priced home. Local homes that are currently for sale include 317 W 76th St, 526 W 84th St and 316 W 75th St. There are currently 3712 homes for sale in the Los Angeles real estate market and 2493 of them are single family homes while 1120 of them are condos and 93 are townhomes. For more information on this home for sale at 723 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 723 W 78Th St

Public county record property details
Beds
4
Baths
2
Year built
1922
Sq. Ft.
1,550
Lot Size
7,000
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
296
APN
6020-018-020

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
$670,000
Median List Price/Sq.Ft.
$516
Median Sold Price
$739,000
Median Sold Price/Sq.Ft.
$461
Total Inventory
78
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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Thinking of Selling?
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(714) 706-1823

Homes for Sale Near 723 W 78Th St

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Recently Sold Homes Near 723 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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