723 W 79th St, Los Angeles, CA 90044
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723 W 79th St Los Angeles, CA 90044

$749,999 Sold Price as of 04/22/2020
  • 7 Beds
  • 5 Baths
  • 2,876 Sq.Ft.
Sold
$749,999 Sold Price as of 04/22/2020 Refinance Your Mortgage

Map preview of 723 W 79th St, Los Angeles, CA 90044

Property Overview: 723 W 79th St Los Angeles, CA has 7 bedrooms, 5 bathrooms, 2,876 living square feet and 7,150 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Fully Remodeled Triplex ! Live in 1 and rent the other 2, This building features 2 spacious 2 bedroom 1 bath and the main unit is a 3 bedroom 3 bath! 2876 of living space on a 7150 lot, plenty parking space and area for kids to run around privately. Building was fully remodeled in 2015. Close to shopping centers 110, 10 and 105 fwy. All units will be delivered with tenants it is the buyers responsibility to terminate tenancy after the Close of Escrow.

Listed by Mario Mariscal | BRE #01761780 | Excellence RE Real Estate
Last checked: 19 seconds ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 275

Home details

Lot Sq. Ft
7,150
HOA Dues
$0/mo
Year built
1926
Garage
4 Car
Property Type:
Multi Family
Status
Sold
MLS#
DW19139055
City
Los Angeles
County
Los Angeles
Time on Site
1249 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 3
  • # of Electric Meters: 3
  • # of Gas Meters: 3
  • # of Water Meters: 3
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,113
  • Total Rent: $1,113
  • Pro Forma/Market Rent: $1,450
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,043
  • Total Rent: $1,043
  • Pro Forma/Market Rent: $1,450
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 3
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,636
  • Total Rent: $1,636
  • Pro Forma/Market Rent: $1,900
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $45,519
  • Net Operating Income: $29,404
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $16,115
  • Electric: $1,800
  • Gas/Fuel: $1,440
  • New Taxes: $9,375
  • Trash: $720
  • Insurance: $980
  • Water/Sewer: $1,800

Property Details for 723 W 79th St

Interior Features
Laundry Information
  • Has Laundry
  • Outside
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 4
Lot Information
  • Lot Features: Back Yard, Walkstreet
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 3
  • Parcel Number: 6020015025
  • 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: Between Vermont and Figueroa
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

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Sale History for 723 W 79th St

Last sold for $750,000 on April 22nd, 2020
  • April, 2020

  • Apr 22, 2020

    Date

    Sold

    CRMLS: DW19139055

    $749,999

    Price

  • Mar 13, 2020

    Date

    Pending

    CRMLS: DW19139055

    $749,999

    Price

  • Feb 24, 2020

    Date

    Price Change

    CRMLS: DW19139055

    $749,999

    Price

  • Dec 4, 2019

    Date

    Price Change

    CRMLS: DW19139055

    $699,999

    Price

  • Jun 13, 2019

    Date

    Active

    CRMLS: DW19139055

    $749,999

    Price

  • April, 2020

  • Apr 22, 2020

    Date

    Sold (Public Records)

    Public Records

    $750,000

    Price

  • January, 2011

  • Jan 28, 2011

    Date

    Sold (Public Records)

    Public Records

    $200,002

    Price

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Tax History for 723 W 79th St

Assessed Value (2020): $467,328
Year Land Value Improved Value Assessed Value
2020 $187,328 $280,000 $467,328

Home Value Compared to the Market

This property vs the competition

723 W 79th St sold on April 22, 2020 for 33.63% lower than the current median sold price for the city of Los Angeles which is $1,130,000. The median sold price per/sqft for Los Angeles is $754 and this home is sold at $260.78 per/sqft which puts the price per square foot 65.41% lower than the current median sale per square foot for the city of Los Angeles.

About 723 W 79th St

Detailed summary of property

723 W 79th St is a multi family that recently sold in Los Angeles, CA 90044. This multi family property offered 7 bedrooms, 5 bathrooms, roughly 2,876 living square feet, and sits on an approximately 7,150 square foot lot. 723 W 79th St was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $749,999. Home in Los Angeles are selling for a median price of $1,130,000 and a median price per square foot of $754. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 33.63% lower than the current median priced home. Local homes that are currently for sale include 443 W 71st St, 937 W 68th St and 217 W 70th St. While the average home in Los Angeles, CA is selling in 97 days, 723 W 79th St has a days on market of 275 days. There are currently 3891 homes for sale in the Los Angeles real estate market and 2627 of them are single family homes while 1154 of them are condos and 103 are townhomes. For more information on this home for sale at 723 W 79th 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 79th St

Public county record property details
Beds
5
Baths
4
Year built
1926
Sq. Ft.
2,876
Lot Size
7,037
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
346
APN
6020-015-025

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
$659,500
Median List Price/Sq.Ft.
$521
Median Sold Price
$680,000
Median Sold Price/Sq.Ft.
$513
Total Inventory
81
Median Sale to List Price %
104.62%
Avg Days on Market
30
Loan Type
Conventional (12.5%), FHA (41.67%), VA (0%), Cash (16.67%), Other (4.17%)

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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.