1078 Geraghty Avenue

Los Angeles, CA 90063

$1,195,995
Price
9
Beds
4
Baths
3,210 Sq. Ft.
$373 / Sq. Ft.
3,210
Sq. Ft.
$373
per Sq. Ft.

Description

Great investment opportunity located in booming City Terrace. Located on a hill within minutes from multiple freeways and a few miles from downtown LA. This 4 unit property is the one that you don't want to miss. With more than 3,200 sq. ft of living space, each of the units offers larger than normal spaces. The property also has a garage and a legal storage above the garage at the rear that might be able to be used as ADU'S (buyer to verify). The two upstairs units have updated electrical and plumbing...Great investment opportunity located in booming City Terrace. Located on a hill within minutes from multiple freeways and a few miles from downtown LA. This 4 unit property is the one that you don't want to miss. With more than 3,200 sq. ft of living space, each of the units offers larger than normal spaces. The property also has a garage and a legal storage above the garage at the rear that might be able to be used as ADU'S (buyer to verify). The two upstairs units have updated electrical and plumbing as well as kitchens and bathrooms that were remodeled less than 6 years ago. The roof was entirely replaced in 2015 during the remodel. The two downstairs units have had some additional updates during the same time. Title has always reflected 5 units property is 4 legal units.
  1. Listed by Jorge Gamboa • DRE #01418527 • Brokerage DRE #01280965 • Century 21 Allstars • 310-901-5340

Property Details for 1078 Geraghty Avenue

Parking Spaces Total
1
Private Pool
No
Cooling Type
N/K
Total Units
4.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
3210
Assessor Parcel Number
5227-007-003
LISTING UPDATED: 12/01/2024 01:36 AM

Property Details for 1078 Geraghty Avenue

StatusActive
MLS #DW24235059
Days on Market19
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1941
CountyLos Angeles County

Building Information for 1078 Geraghty Avenue

Building/Complex1078 Geraghty AveFloor-Stories2Residences-Pet Policy-Year Built1941Building Size-

Property Information for 1078 Geraghty Avenue

Income / Expense / Tax Details
Income Details
  • Gross Income: $75,600
  • Gross Scheduled Income: $6,300
  • Net Operating Income: $5,840
Expense Details
  • Operating Expense: $460
  • Electric Expense: $0
  • Insurance Expense: $1,800
  • Trash Expense: $0
  • Water Sewer Expense: $2,400
  • Total Expenses: $3,700
Tax / Assessment Info
  • Tax Tract Number: 648
  • Tax Census Tract: 5308.02
  • CFD/Mello-Roos Fee: $2,183
  • Tax Lot: 529
Community / Development
Community / Development
  • Community Features: Sidewalks
Property / Structure Info
Interior Features
  • Laundry: No
  • Laundry Features: None
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling: None
Exterior Features
  • Entry Location: 1
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: 2-5 Units/Acre
  • Number Of Units: 4
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 1
  • Parking Garage Spaces: 1
  • Carport Spaces: 0
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $2,050
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 3500
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,600
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 3000
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,650
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 2500
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,000
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 2200
  • Unit Type Type: 4
Unit Information
  • Number Of Units Leased: 4
  • Rent Controlled: Yes
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1

Property History for 1078 Geraghty Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 1078 Geraghty Avenue

Taxable ValueLand$87,728Additions$188,682Total$276,410
Tax Record2024$5,912 ($493 / month)
Home Facts
Total Finished SqFt3,210 SqFtAbove Grade Finished SqFt3,210 SqFtLot Size5,317 SqFtStyleMulti-Family Res (5+ Units)Year Built1941ZoningLCR2*CountyLOS ANGELESAPN5227-007-003

Schools near 1078 Geraghty Avenue

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Charter - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Robert F. Kennedy Elementary School
PublicK to 6

Animo Ellen Ochoa Charter Middle
Charter6 to 8

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.

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1078 Geraghty Avenue is a multi-family home for sale in Los Angeles, CA 90063. This property was listed for sale on December 1, 2024 by Century 21 Allstars, it's currently listed at $1,195,995. It has been on the market for a total of 19 days and was last sold on June 13, 2014. This listing's school district is Los Angeles Unified School District. Nearby schools include Robert F. Kennedy Elementary School, Animo Ellen Ochoa Charter Middle and Humanitas Academy Of Art And Technology At Esteban E. Torres High No. 4. 1078 Geraghty Avenue is a 9-bed, 4-bath, 3,210 sqft multi-family home built in 1941.

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. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Century 21 Allstars, Jorge Gamboa, DRE #01418527

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.