629 E 78th St

Los Angeles, CA 90001

$1,150,000
Last Sold Price
10
Beds
6
Baths
3,506 Sq. Ft.
$328 / Sq. Ft.
3,506
Sq. Ft.
$328
per Sq. Ft.

Description

Seize this rare opportunity to own a highly desirable front-and-back unit duplex, built in 2012. This exceptional property features 3,506 square feet of living space, comprising two distinct 5-bedroom, 3-bathroom townhouse-style units. Each unit offers an upstairs and downstairs, providing ample space and privacy. The property includes a separate 3-car garage accessible via back gates, along with off-street parking for at least two additional vehicles. Each unit is equipped with dual-pane vinyl windows,...Seize this rare opportunity to own a highly desirable front-and-back unit duplex, built in 2012. This exceptional property features 3,506 square feet of living space, comprising two distinct 5-bedroom, 3-bathroom townhouse-style units. Each unit offers an upstairs and downstairs, providing ample space and privacy. The property includes a separate 3-car garage accessible via back gates, along with off-street parking for at least two additional vehicles. Each unit is equipped with dual-pane vinyl windows, granite countertops in the kitchen, and solid wood cabinets throughout. The kitchen and bathrooms feature tile flooring, enhancing durability and ease of maintenance. The front unit is currently tenanted, providing a steady monthly rental income. The rear unit has been newly painted and fitted with vinyl plank flooring, making it turn-key and ready for immediate occupancy by buyer or new tenants. This property generates positive cash flow, with rental income exceeding operating expenses when all units are leased. Buyers are advised to verify all information, including rental income and expenses. Inquire with Agent for additional information. Location is 5 miles from SoFi Stadium; near the 110 and 105 freeways.
  1. Listed by Kyle Tang • DRE #02131157 • Brokerage DRE #01954435 • L.S. Gateway Realtors • 714-454-0363
  2. Listed by Kelvin Tran • DRE #01851810 • Brokerage DRE #01954435 • L.S. Gateway Realtors

Property Details for 629 East 78th Street

View
City Lights, Neighborhood
Parking Spaces Total
7
Private Pool
No
Cooling Type
N/K
Total Units
2.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
3506
LISTING UPDATED: 07/21/2024 12:20 AM

Property Details for 629 East 78th Street

StatusClosed
MLS #PW24115137
Days on Market6
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built2012
Lot Size0.13 AC / 5,736 SF
CountyLos Angeles County

Location

Listing Courtesy of L.S. Gateway Realtors, Kyle Tang, DRE #02131157; L.S. Gateway Realtors, Kelvin Tran, DRE #01851810

Sold By Keller Williams Beverly Hills, Husnain Alamdar, DRE #02027225

Add your commute

Building Information for 629 East 78th Street

Stories2Residences-Year Built2012Building Size-Lot Size0.13 AC / 5,736 SF

Payment Calculator

$6,685 per month

30 year fixed, 6.845% Interest

Principal and Interest

$6,025

Property Taxes

$660

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 629 East 78th Street

Income / Expense / Tax Details
Income Details
  • Gross Income: $81,783
  • Gross Scheduled Income: $104,976
  • Net Operating Income: $81,783
  • Cap Rate: 7.0
  • Financing: Conventional
Expense Details
  • Operating Expense: $23,193
  • New Taxes Expense: $14,375
  • Gardener Expense: $780
  • Fuel Expense: $0
  • Licenses Expense: $0
  • Pest Control Expense: $42
  • Pool Expense: $0
  • Security Expense: $0
  • Furniture Replacement Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $1,351
  • Professional Management Expense: $4,596
  • Trash Expense: $0
  • Water Sewer Expense: $2,049
  • Supplies Expense: $0
  • Total Expenses: $23,193
Tax / Assessment Info
  • Tax Tract Number: 6
  • Tax Census Tract: 2395.02
  • CFD/Mello-Roos Fee: $465
  • Tax Lot: 874
Community / Development
Community / Development
  • Accessibility Features: See Remarks
  • Community Features: Sidewalks, Street Lights
Property / Structure Info
Interior Features
  • Interior Features: Unfurnished
  • Room Type: Kitchen, Laundry
  • Laundry: Yes
  • Laundry Features: Gas & Electric Dryer Hookup, Inside
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling: None
  • Heating Type: Forced Air
  • Heating: Forced Air
  • Heat Equipment: Forced Air Unit
  • Flooring: Vinyl
Exterior Features
  • Security Features: Smoke Detector(s)
  • Construction Materials: Drywall Walls, Stucco
  • Exterior Construction: Stucco
  • Exterior: Stucco
  • Entry Location: Front
  • Foundation Details: Slab
  • View Description: City Lights
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Spa Features: None
Land/Lot Info
  • Lot Features: 2-5 Units/Acre
  • Number Of Units: 2
  • Land Lease: No
  • Land Lease Type: Fee
  • Road Frontage Type: City Street
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer
  • Utilities: Sewer Connected
  • Electric: Sewer Connected
  • Water Source: Public
Parking Info
  • Garage Spaces: 3
  • Parking: Yes
  • Parking Garage: Garage, Gated
  • Uncovered Spaces: 4
  • Open Other Spaces Total: 4
  • Parking Garage Spaces: 3
  • Carport Spaces: 0
  • Parking Features: Garage, Gated, Off Street, Tandem Uncovered
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 5
  • Unit Type Baths Total: 3
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $4,374
  • Unit Type Total Rent: $4,374
  • Unit Type Pro Forma: 4500
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 5
  • Unit Type Baths Total: 3
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 4500
  • Unit Type Type: 2
Unit Information
  • Number Of Units Leased: 1
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1

Property History for 629 East 78th Street

DateEvent & SourcePriceAppreciation
Jul 19, 2024

Sold

CRMLS #PW24115137

$1,150,000—
Jul 19, 2024

Sold

CLAW #PW24115137MR

$1,150,000—
Jul 19, 2024

Sold

SDMLS #PW24115137

$1,150,000—
Jul 9, 2024

Sold (Public Record)

Public Record #1536476454

$1,150,000

+6.7% / yr

Jun 14, 2024

Accepting Backup Offers

SDMLS #PW24115137

—
Jun 12, 2024

Pending

CLAW #PW24115137MR

—
Jun 12, 2024

Accepting Backup Offers

CLAW #PW24115137MR

—
Jun 12, 2024

Pending

SDMLS #PW24115137

—
Jun 12, 2024

Accepting Backup Offers

CRMLS #PW24115137

—
Jun 6, 2024

Listed (Active)

SDMLS #PW24115137

$1,150,000—
Jun 6, 2024

Listed (Active)

CRMLS #PW24115137

$1,150,000—
Jun 5, 2024

Listed (Active)

CLAW #PW24115137MR

$1,150,000—
Jul 29, 2012

Sold

CLAW #P809658MR

$515,000—
Jul 29, 2012

Sold

CRMLS #P809658

$515,000—
May 23, 2012

Pending

CLAW #P809658MR

—
May 23, 2012

Pending

CRMLS #P809658

—
Feb 8, 2012

Sold (Public Record)

Public Record #334344622

$515,000

+290.8% / yr

Jan 23, 2012

Listed (Active)

CLAW #P809658MR

$515,000—
Jan 23, 2012

Listed (Active)

CRMLS #P809658

$515,000—
Feb 24, 2011

Sold (Public Record)

Public Record #306441831

$140,000—
Jan 30, 2011

Expired

CRMLS #10493253

$160,000—
Jan 29, 2011

Expired

CLAW #10-493253

$160,000—
Nov 29, 2010

Listed (Active)

CRMLS #10493253

$160,000—
Nov 29, 2010

Listed (Active)

CLAW #10-493253

$160,000—
DateEvent & SourcePrice
07/19/2024

Sold

CRMLS #PW24115137

$1,150,000
07/19/2024

Sold

CLAW #PW24115137MR

$1,150,000
07/19/2024

Sold

SDMLS #PW24115137

$1,150,000
07/09/2024

Sold (Public Record)

Public Record #1536476454

$1,150,000

+6.7% / yr

06/14/2024

Accepting Backup Offers

SDMLS #PW24115137

—
06/12/2024

Pending

CLAW #PW24115137MR

—
06/12/2024

Accepting Backup Offers

CLAW #PW24115137MR

—
06/12/2024

Pending

SDMLS #PW24115137

—
06/12/2024

Accepting Backup Offers

CRMLS #PW24115137

—
06/06/2024

Listed (Active)

SDMLS #PW24115137

$1,150,000
06/06/2024

Listed (Active)

CRMLS #PW24115137

$1,150,000
06/05/2024

Listed (Active)

CLAW #PW24115137MR

$1,150,000
07/29/2012

Sold

CLAW #P809658MR

$515,000
07/29/2012

Sold

CRMLS #P809658

$515,000
05/23/2012

Pending

CLAW #P809658MR

—
05/23/2012

Pending

CRMLS #P809658

—
02/08/2012

Sold (Public Record)

Public Record #334344622

$515,000

+290.8% / yr

01/23/2012

Listed (Active)

CLAW #P809658MR

$515,000
01/23/2012

Listed (Active)

CRMLS #P809658

$515,000
02/24/2011

Sold (Public Record)

Public Record #306441831

$140,000
01/30/2011

Expired

CRMLS #10493253

$160,000
01/29/2011

Expired

CLAW #10-493253

$160,000
11/29/2010

Listed (Active)

CRMLS #10493253

$160,000
11/29/2010

Listed (Active)

CLAW #10-493253

$160,000

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

Public Records for 629 East 78th Street

Taxable ValueLand$271,633Additions$350,107Total$621,740
Tax Record2024$7,924 ($660 / month)
Home Facts
Total Finished SqFt3,506 SqFtAbove Grade Finished SqFt3,506 SqFtStories1Lot Size5,736 SqFtStyleDuplexYear Built2012ZoningLAR2CountyLOS ANGELESAPN6023-025-025

Schools near 629 East 78th 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.

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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 L.S. Gateway Realtors, Kyle Tang, DRE #02131157; L.S. Gateway Realtors, Kelvin Tran, DRE #01851810

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.