1018 East 79th Street

Los Angeles, CA 90001

$695,000
Price
4
Beds
4
Baths
2,380 Sq. Ft.
$292 / Sq. Ft.
2,380
Sq. Ft.
$292
per Sq. Ft.

Description

This is a 4 on a lot, Spanish style property. Each unit is a 1 bedroom + 1 bath along with a living room and breakfast area in the kitchen. One of the units has been renovated and all have a refrigerator and stove. Each unit has a small porch area where you can set up a washer and dryer. There is a 4 car garage with each unit designated 1 garage space.This is a 4 on a lot, Spanish style property. Each unit is a 1 bedroom + 1 bath along with a living room and breakfast area in the kitchen. One of the units has been renovated and all have a refrigerator and stove. Each unit has a small porch area where you can set up a washer and dryer. There is a 4 car garage with each unit designated 1 garage space.
  1. Listed by Robert Pitts • DRE #00917764 • Brokerage DRE #00917764 • Robert Pitts Estates

Property Details for 1018 East 79th Street

Zoning
LARD2
Style
Spanish
Parcel Number
6029004008
Total Units
4.0
Living Area
2380
Source Living Area
Vendor Enhanced
Area
Metropolitan South (C37)
Vacancy Rate
0

Location

Listing Courtesy of Robert Pitts Estates, Robert Pitts, DRE #00917764
Add your commute
LISTING UPDATED: 05/15/2024 12:01 AM

Property Details for 1018 East 79th Street

StatusActive
MLS #24-388893
Days on Market36
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1928
Lot Size0.15 AC / 6,502 SF
CountyLos Angeles County

Location

Listing Courtesy of Robert Pitts Estates, Robert Pitts, DRE #00917764
Add your commute

Building Information for 1018 East 79th Street

Stories-Residences-Year Built1928Building Size-Lot Size0.15 AC / 6,502 SF

Payment Calculator

$4,227 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,793

Property Taxes

$434

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1018 East 79th Street

Community / Development
Community / Development
  • Number Of Units: 4
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 0
  • Number Of Buildings: 4
  • Type Of Units: 4 Units
  • View: No
  • View Description: None
  • View: None
  • Security Features: Other
  • Sewer: In Street
Contract Info
Contract Info
  • Probate: No
  • Financing: Cash To New Loan
  • Disclosures: As Is
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $57,600
  • Net Operating Income: $56,010.00
  • Gross Income: $57,600
  • Gross Rent Multiplier: $12.10
  • Actual Annual Gross Rent: $4,800.00
  • Actual Rent Total: $57,600.00
  • Financial Info as Of: 05/07/2024
  • Owner Pays: Water
  • Total Annual Expense: 1590
Land / Lot Info
Land / Lot Info
  • Additional Parcel Number: No
  • Alley: Yes
  • Lot Acreage: 0.1493
  • Lot Size Square Feet: 6502
Parking Details
Parking Details
  • Parking Garage: Garage - 4+ Car
  • Total Parking: 4
  • Garage Spaces Total: 4
  • Garage Structures Total: 1.0
Interior Features
Interior Features
  • Room Type: Living Room
  • Rooms: Living Room, Breakfast Area
  • Levels: One
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Den: No
  • Family Room: 0
  • Dining Room: 0
  • Cooling Type: Other
  • Heating: Wall Furnace
  • Heating Type: Wall
  • Flooring: Laminate, Carpet
  • Equipment: Refrigerator, Range/Oven
  • Common Walls: Detached/No Common Walls
  • Laundry: None
Exterior Features
Exterior Features
  • Pool: No
  • Private Pool: No
  • Pool Description: None
  • Pool Features: None
  • Spa: No
  • Spa: None
  • Tennis Court: None
  • Roof: Flat Tile
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 05-07-2024
  • Tenant Pays: Gas, Electricity
Unit Details
Unit 1 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,100.00
  • Unit Actual Rent: $3,300.00
  • Unit Projected Rent: $1,975.00
  • Like Units: 3
Unit 2 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,500.00
  • Unit Actual Rent: $1,500.00
  • Unit Projected Rent: $1,975.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $161,721.00
  • Assessed Improvement Percent: 41.18
  • Assessed Land Value: $231,034.00
  • Assessed Land Percent: 58.82
  • Assessed Total Value: $392,755.00

Property History for 1018 East 79th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1018 East 79th Street

Taxable ValueLand$231,034Additions$161,721Total$392,755
Tax Record2023$5,207 ($434 / month)
Home Facts
Total Finished SqFt2,380 SqFtAbove Grade Finished SqFt2,380 SqFtLot Size6,500 SqFtStyleQuadraplexYear Built1928ZoningLARD2CountyLOS ANGELESAPN6029-004-008

Schools near 1018 East 79th Street

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Mckinley Avenue Elementary School
PublicK to 6

Charles Drew Middle School
Public7 to 8

John Hope Continuation School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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1018 East 79th Street is a multi-family home for sale in Los Angeles, CA 90001. This property was listed for sale on May 7, 2024 by Robert Pitts Estates, it's currently listed at $695,000. This listing's school district is Los Angeles Unified School District. Nearby schools include Mckinley Avenue Elementary School, Charles Drew Middle School and Academy For Multiligual Arts And Science At Mervyn M. Dymally High. 1018 East 79th Street is a 4-bed, 4-bath, 2,380 sqft multi-family home built in 1928.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Robert Pitts Estates, Robert Pitts, DRE #00917764

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.