new - 1 day on rocket

707 W 70th St, Los Angeles, CA, 90044

$849,000

Home List Price

$10,000*

Closing Credit

4 Bedrooms
4 Baths
1,632 SqFt
$520/SqFt
House

Location

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707 W 70th St, Los Angeles$849,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeOther
ParkingGravel
Year Built1923
CoolingNone
MLS #24465229
Lot Size0.12 Acres
StatusActive

About 707 W 70th St

We are pleased to offer this four unit investment opportunity, located in the City of Los Angeles. The unit mix consists of four 1+1 units. The investment consists of approximately 1,632 of rentable square feet and is situated on two parcels of approximately 5,409 square feet. Recent property upgrades include new exterior paint and two of the units have recently been renovated. The building amenities include a large parking area with four total spaces with ADU potential (buyer to verify), a secured gated entry, and the property is separately metered for gas and electricity. The property is subject to City of Los Angeles Rent Stabilization Ordinance and the property is in compliance with the Los Angeles Soft-Story Retrofit Program.

Property Details

Property Features

Property Information:

  • Year Built: 1923
  • Stories: 0
  • Living Area: 1,632 SqFt

Listing Office:

  • Office Name: BRC Advisors- BH
  • Listing Agent: Ian Hollinger

Interior Features

Bedroom and Bathroom Information:

  • Total Bedroom Count: 4

Exterior Features

Parking Information:

  • Parking: Gravel

Lot Features

Lot Information:

  • Lot Size: 0.12 Acres

Utilities

Utilities Information:

  • Cooling: None

Other

Directions Information:

  • Directions: The subject property is located in the City of Los Angeles. The property is situated south of Gage Avenue, North of Florence Avenue, West of the Figueroa Street, and East of Hoover Street.

Price Information

Listing Price Info

Price Summary:

  • List Price: $849,000
  • Price Per SqFt: $520/SqFt

Tax Information:

  • Annual Amount: $6,741
  • 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

707 W 70th St vs Los Angeles

1 DAY ON ROCKET

-37 Days

$849,000

-$174.4K Less

$520/SqFt

-$121 Less

KEY TAKEAWAY

This property is $174.4K less than the Median Sold Price and $121/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: #24465229

Listing Office:

  • Office Name: BRC Advisors- BH
  • Listing Agent: Ian Hollinger

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: 11/21/2024, 4:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Sep 04, 2020Home Sold
$540,000
Jan 20, 1989Home Sold
$125,000

Tax History

YEARPROP. TAXASSESSMENT
2021$6,741$540,000
2020$3,458$266,294
2019$3,365$261,074
2018$3,298$255,956
2017$3,298$250,938

History based on county public records data.

Payment Calculator

$4,305

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,612

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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-186526
6
/10

  • Gil Garcetti Learning Academy

  • 612 W 68th St

  • 0.18 miles

  • Public District Grades KG-6

school-card-donut-186527
3
/10

  • Gerald A. Lawson Academy

  • 929 W 69th St

  • 0.30 miles

  • Public District Grades KG-6

school-card-donut-186528
4
/10

  • Loren Miller Elementary School

  • 830 W 77th St

  • 0.48 miles

  • Public District Grades KG-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $38,367. The most common annual income of people living in Los Angeles, CA is less than $35k. The most common type of family is 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 707 W 70th St

What is the listing price of this property?

The listing price of 707 W 70th St property is $849,000.

What type of property is this?

The property 707 W 70th St is a house located in Los Angeles, California, 90044.

Is this property for sale now?

Active Listing: 707 W 70th 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 $6,741 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on September 4, 2020 for $540,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 707 W 70th St has 4 bedrooms and 4 bathrooms.

What is the square footage of this property?

The property 707 W 70th St is 1,632 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 707 W 70th St is 1923.

Rocket Homes›California›Los Angeles County›Los Angeles›90044›707 W 70th St

This home is located at 707 W 70th St in Los Angeles, CA and zip code 90044 in the South LA neighborhood. This 1,632 square foot home, which was built in 1923, sits on a 0.12 acre lot. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since November 19, 2024 and is currently priced at $849,000.

Over 598 listings were sold over their listed price in October 2024 in Los Angeles, CA. In the same period over 753 listings were sold below the listed price and 191 listings were sold for the listed price. The number of homes for sale in Los Angeles, CA increased by 11.2% between September 2024 and October 2024. In October 2024 median list price was $1,023,474 and the average listing age was 38 days.

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

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