new - 4 days on rocket

1018 E 79th St, Los Angeles, CA, 90001

$995,000

Home List Price

$10,000*

Closing Credit

4 Bedrooms
4 Baths
2,380 SqFt
$418/SqFt
House

Location

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1018 E 79th St, Los Angeles$995,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeOther
ParkingCovered
Year Built1928
HeatingWall Furnace
CoolingNone
MLS #24462997
Lot Size0.15 Acres
StatusActive

About 1018 E 79th St

The Weir Group is pleased to present our newest exclusive listing in South Los Angeles. This charming Spanish style four unit property is fully vacant and presents a rare opportunity for an investor to come and put their own finishing touches, lease to their select tenants, and operate at an above average yield. The property is comprised of four large one bedroom one bathroom units and has four covered parking spots. A new owner can explore converting the garage into an ADU or keeping as existing parking for tenants. The property is located on the corner of Central Ave and E 79th St, just a short drive north of Manchester Ave. For more information, please reach out directly to the listing agent.

Property Details

Property Features

Property Information:

  • Year Built: 1928
  • Stories: 0
  • Living Area: 2,380 SqFt

Listing Office:

  • Office Name: Marcus & Millichap
  • Office Phone: (424) 405-3900
  • Listing Agent: Jonathan Weir

Interior Features

Bedroom and Bathroom Information:

  • Total Bedroom Count: 4

Exterior Features

Parking Information:

  • Parking: Covered

Lot Features

Lot Information:

  • Lot Size: 0.15 Acres

Utilities

Utilities Information:

  • Heating: Wall Furnace
  • Cooling: None

Other

Directions Information:

  • Directions: E 79th St & S Central Ave

Price Information

Listing Price Info

Price Summary:

  • List Price: $995,000
  • Price Per SqFt: $418/SqFt

Tax Information:

  • Annual Amount: $4,908
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

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Los Angeles, CA

City

Med. Sold Price

$1.0M

Med. Price/SqFt

$640

Avg. Days On Market

38

# of Sold Homes

1542

1018 E 79th St vs Los Angeles

4 DAYS ON ROCKET

-34 Days

$995,000

-$28.4K Less

$418/SqFt

-$223 Less

KEY TAKEAWAY

This property is $28.4K less than the Median Sold Price and $223/SqFt less than other homes in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #24462997

Listing Office:

  • Office Name: Marcus & Millichap
  • Office Phone: (424) 405-3900
  • Listing Agent: Jonathan Weir

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/17/2024, 1:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$4,908$377,505
2020$4,769$373,636
2019$4,658$366,311
2018$4,560$359,129
2017$4,560$352,088

History based on county public records data.

Payment Calculator

$5,034

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,050

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-444510
3
/10

  • McKinley Avenue Elementary School

  • 7812 McKinley Ave

  • 0.20 miles

  • Public District Grades KG-6

school-card-donut-444511
6
/10

  • Parmelee Elementary

  • 1338 E 76th Pl

  • 0.43 miles

  • Public District Grades KG-6

school-card-donut-444512
4
/10

  • Wisdom Elementary School

  • 1125 E 74th St

  • 0.43 miles

  • Public District Grades PK-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $49,589. Residents of Los Angeles, CA typically earn between $35k-100k each year. The majority of families are married, with kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1018 E 79th St

What is the listing price of this property?

The listing price of 1018 E 79th St property is $995,000.

What type of property is this?

The property 1018 E 79th St is a house located in Los Angeles, California, 90001.

Is this property for sale now?

Active Listing: 1018 E 79th St is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $4,908 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 1018 E 79th St has 4 bedrooms and 4 bathrooms.

What is the square footage of this property?

The property 1018 E 79th St is 2,380 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1018 E 79th St is 1928.

Rocket Homes›California›Los Angeles County›Los Angeles›90001›1018 E 79th St

This home is located at 1018 E 79th St in Los Angeles, CA and zip code 90001 in the South LA neighborhood. This 2,380 square foot home, which was built in 1928, sits on a 0.15 acre lot. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since November 13, 2024 and is currently priced at $995,000.

While more than 598 listings in Los Angeles, CA in October 2024 were sold above asking price, there were more than 191 listings sold at asking price, and more than 753 were sold below. In October 2024 in Los Angeles, CA there were 11.2% more homes for sale than in September 2024. In October 2024, listings were on the market for 38 days. During the same period, the median list price in this real estate market was $1,023,474.

From Rocket Homes Real Estate and based on county public records data.

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