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: $799,000
Price Per SqFt: $490/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.
This property is $222.5K less than the Median Sold Price and $150/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
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: 12/22/2024, 2:20:57 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
DATE
EVENT
PRICE
Sep 04, 2020
Sep 04, 2020Home Sold
$540,000
Jan 20, 1989
Jan 20, 1989Home Sold
$125,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
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.
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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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
6
/10
Gil Garcetti Learning Academy
612 W 68th St
Distance between this listing and this school0.18 miles
Public District Grades KG-6
3
/10
Gerald A. Lawson Academy
929 W 69th St
Distance between this listing and this school0.30 miles
Public District Grades KG-6
4
/10
Loren Miller Elementary School
830 W 77th St
Distance between this listing and this school0.48 miles
Public District Grades KG-6
Nearby Schools
4
/10
Bethune Middle School
155 W 69th St
Distance between this listing and this school0.64 miles
Public District Grades 7-8
2
/10
John Muir Middle School
5929 S Vermont Ave
Distance between this listing and this school0.79 miles
Public District Grades 6-8
3
/10
Kipp Academy of Opportunity
8500 S Figueroa St
Distance between this listing and this school1.07 miles
Public Charter Grades 5-8
Nearby Schools
2
/10
Augustus F. Hawkins High School - Critical Design and Gaming
825 W 60th St
Distance between this listing and this school0.71 miles
Public District Grades 9-12
1
/10
Augustus F. Hawkins High School - Community Health Advocates
825 W 60th St
Distance between this listing and this school0.71 miles
Public District Grades 9-12
2
/10
Augustus F. Hawkins High School - Responsible Indigenous Social Entrepreneurship
825 W 60th St
Distance between this listing and this school0.71 miles
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. Typical family type is married, with kids. Typical level of education for residents in this area is high school diploma.
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 $799,000.
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.
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 $799,000.
In November 2024, from all listings sold in Los Angeles, CA there were more than 512 sold above asking price, over 657 sold below and more than 177 were sold right at the asked price. The number of listings in Los Angeles, CA decreased by 0.6% between October 2024 and November 2024. The median list price of listings available in November 2024 was $1,021,532, while the average time on the real estate market was 38 days.
From Rocket Homes Real Estate and based on county public records data.