**Investor’s Special** Three-unit multi-family investment property located in the heart of Los Angeles close to downtown and only 5 miles from SOFi Stadium or the University of Southern California. The Front unit is a 3 bedroom, 1bath with a laundry room, the middle unit is a 1 bedroom, 1 bath and the rear unit is a 1 bedroom, 1 bath with an extra small room. Each unit has its own full kitchen and bath and is loaded with charm. Repairs and TLC are needed in all units. There's also a 2 car detached garage that could be conveyed into an ADU or kelp as a garage. This property is located close to schools, shopping, churches, Transportation and the bus lines are within walking distance. Property will be delivered with long term tenants occupying all units. DO NOT DISTURB TENANTS! The Appraised value is there and once the repairs are done, it will only increase the value!!! Buyer’s agent to verify everything.
Sold for $640,000
Listed by: Redfin Corporation • Cornelius Jackson • Contact: 619-862-1627
Bought with: Siroh Realty & Investment Inc
$640,000
742 E 78th St, Los Angeles, CA 90001
4beds
3baths
1,718sqft
Triplex
Built in 1956
-- sqft lot
$836,800 Zestimate®
$373/sqft
$3,297 Estimated rent
Home value
$836,800
$761,000 - $920,000
$3,297/mo
Zestimate® history
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List your homeWhat's special
Full kitchenBus linesSmall roomLaundry roomLocated close to schools
Zillow last checked:
Listing updated:
Listed by:
Cornelius Jackson DRE #01824362 cornelius.jackson@redfin.com,
Redfin Corporation
Bought with:
Marianne Yoo, DRE #01386239
Siroh Realty & Investment Inc
Source: CRMLS,MLS#: SW23170111
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
Rooms
- Room types: Kitchen, Laundry, Living Room
Heating
- Wall Furnace
Cooling
- None
Appliances
- Laundry: See Remarks
Features
- Ceiling Fan(s)
- Flooring: Carpet, Tile
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 1,718
- Total interior livable area: 1,718 sqft
Property
Parking
- Total spaces: 2
- Parking features: Driveway, Garage Faces Rear
- Garage spaces: 2
Features
- Levels: One
- Stories: 1
- Entry location: Front
- Pool features: None
- Spa features: None
- Fencing: Chain Link,Wrought Iron
- Has view: Yes
- View description: Neighborhood, None
Lot
- Size: 5,976 Square Feet
- Features: 0-1 Unit/Acre
Details
- Parcel number: 6023031028
- Zoning: LAR2
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex
Condition
- New construction: No
- Year built: 1956
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Street Lights, Sidewalks
- Security: Window Bars
Location
- Region: Los Angeles
Financial & listing details
- Price per square foot: $373/sqft
- Tax assessed value: $673,200
- Annual tax amount: $8,356
- Date on market: 9/13/2023
- Cumulative days on market: 167 days
- Listing terms: Cash,Cash to New Loan,Conventional
- Lease term: Month To Month
- Total actual rent: 5200
- Tenant pays: All Utilities
Price history
| Date | Event | Price |
|---|---|---|
| 4/4/2024 | Sold | $640,000-7.2%$373/sqft |
Source:  CRMLS #SW23170111 Report a problem | ||
| 2/28/2024 | Pending sale | $690,000$402/sqft |
Source: CRMLS #SW23170111 Report a problem | ||
| 11/1/2023 | Listed for sale | $690,000$402/sqft |
Source: CRMLS #SW23170111 Report a problem | ||
| 10/1/2023 | Contingent | $690,000$402/sqft |
Source: CRMLS #SW23170111 Report a problem | ||
| 9/13/2023 | Listed for sale | $690,000$402/sqft |
Source: CRMLS #SW23170111 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $8,356 +1009.7% | $673,200 +1476.2% |
| 2024 | $753 +1.4% | $42,709 +2% |
| 2023 | $743 +3.8% | $41,873 +2% |
| 2022 | $715 +2.7% | $41,053 +2% |
| 2021 | $696 +0% | $40,249 +1% |
| 2020 | $696 | $39,837 +2% |
| 2019 | $696 +14.5% | $39,057 +2% |
| 2018 | $608 | $38,293 +2% |
| 2017 | $608 +2.3% | $37,543 +2% |
| 2016 | $595 +6.2% | $36,808 +1.5% |
| 2015 | $560 -1.5% | $36,256 +2% |
| 2014 | $568 | $35,546 +4.5% |
| 2011 | -- | $34,015 +0.7% |
| 2010 | -- | $33,762 -0.2% |
| 2009 | -- | $33,843 +2% |
| 2008 | -- | $33,180 +2% |
| 2007 | -- | $32,530 +6.1% |
| 2004 | -- | $30,656 +1.9% |
| 2003 | -- | $30,095 +2% |
| 2002 | -- | $29,506 +4% |
| 2000 | -- | $28,362 |
Find assessor info on the county website
Neighborhood: Southeast Los Angeles
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Nearby schools
GreatSchools rating
- 3/10Mckinley Avenue Elementary SchoolGrades: K-6Distance: 0.1 mi
- 2/10Charles Drew Middle SchoolGrades: 7-8Distance: 0.9 mi
- 4/10John C. Fremont Senior High SchoolGrades: 9-12Distance: 0.3 mi
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Estimated market value
$836,800
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Estimated market value
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