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161 East 78th Street

161 East 78th Street, Los Angeles, CA 90003
Multifamily in CANNDU
Local assessors in Los Angeles, CA have categorized 161 East 78th Street as a residential type of property. The home was built in 1921 and is 103 years old. It was most recently renovated and altered in 1946. The property's lot size has been calculated to be 5,948 square feet. The linear feet between the front and back of the lot was measured at 1,350 ft and the front of the lot was measured at 440 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a bungalow style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 161 East 78th Street has a total of 1,296 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a municipal system. Additional features on the property are as follows. There is a detached garage for those who need a place to park their vehicle. There is only one available parking space, so if you need more, you may need to find some alternatives. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with wood control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - B. The building has a roof that is made of tar and gravel. Lots of stucco were used in the construction of the exterior walls of the home. The home's floor/wall heating system is the primary heating source. The property was last sold in Oct 15, 2004 for $320,000. That's $246.91 per sqft. 161 East 78th Street was last assessed in 2023. The total value of the property was assessed at $449,780. Specifically, the land the property is located on was valued at $272,564. While improvements on the property were assessed at a total of $177,216. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $5,353. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Parking

Carport
This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20190401
04/01/2019
Studio
-
-
$799,000
bedrooms
Studio
bathrooms
-
-
-
-
-

Building Info

Overview

    General

  • Year Built: 1921
  • Effective Year Built: 1946
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Bungalow
  • Exterior Walls Type: Stucco
  • Roof Cover Type: Tar and gravel
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 5,948
  • Lot Size Depth Feet: 1,350
  • Lot Size Frontage Feet: 440
  • Total Building Area: 1,296
  • Building Area: 1,296
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Floor/wall
  • Heated Square Feet: 1,296
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: THE RICE VILLA TRACT
  • Land Acres: 0.137
  • Standard Land Use Code: Single family residential
  • Legal Description 1: RICE VILLA TRACT LOT/SEC 14 BLK/DIV/TWN A

Ownership

  • Current Owner : DIAZ CARMEN ALICIA
  • Previous Owner : ORELLANA JUAN PABLO
  • Previous Owner 2: ORELLANA ROSA MIRIAM
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 239602

Zoning

  • Zoning: LAR1

Geography

  • Assessors Map Reference: 52-B6
  • Parcel: 6022-007-032
  • Block: A
  • Lot: 14
  • Municipality: SOUTH /L.A./FLORENCE
  • Latitude: 33.9691
  • Longitude: -118.272

    Address

  • Full Address: 161 E 78th St
  • Address - House Number: 161
  • Street Direction: E
  • Address - Street Name: 78th
  • Address - Suffix Type: St
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C053
  • 4-Digit Zip Code: 2501
  • Zip Code: 90003

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,353
  • Tax Rate Code Area: 00-007

    Appraisal Valuation

  • Standard Deviation: 0.2395
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 66
  • Final Value: 634,344
  • High Value: 786,283
  • Low Value: 482,404

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $346,500
  • First Open Lien Mortgage Lender: DOWNEY SAVINGS & LOAN ASSOCIAT
  • First Open Lien Mortgage Recording Date: May 02, 2006
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $346,500
  • First Open Lien Mortgage Term: 479
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: May 01, 2046

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $449,780
  • Assessed Land Value: $272,564
  • Assessed Improvements Value: $177,216

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 15, 2004
  • Current Sale Recording Date: Dec 30, 2004
  • Current Sale Transaction ID: 1034127415
  • Current Sale Price: $320,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 04-3396217

    Last Sale Mortgage

  • First Mortgage Lender: NEW CENTURY MORTGAGE CORP
  • First Mortgage Transaction Date: Dec 30, 2004
  • First Mortgage Loan Amount: $256,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Jan 01, 2035
  • Second Mortgage Loan Amount: $64,000

    Financing

  • First Mortgage Financing Type: Adjustable Rate

About South LA



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Frequently Asked Questions

What neighborhood is 161 East 78th Street located in?
The 161 East 78th Street is a multifamily located in the neighborhood of CANNDU in South LA, Los Angeles.
What is the average sales price for listings in 161 East 78th Street?
The average sales price for units in 161 East 78th Street is $0 currently.

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