$10,000

closing credit¹

1018 E 79th St Los Angeles, CA 90001

$950,000
4 beds
4 baths
2,380 sqft
0.1 acres
$399 / sqft
House

Property details

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.

Highlights

Home typeOther
HeatingWall Furnace
StatusActive
Size2,380 sqft
Lot size0.1493 Acres
Year built1928
ParkingCovered
MLS #24462997

Summary

  • MLS Number: 24462997
  • MLS Name: CRMLS
  • 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: 2/1/2025, 5:00:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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$950,000

1018 E 79th St

$10,000

closing credit¹

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Price information

Property sales

DateEventPrice
Sep 27, 2024
Home Sold
$650,000

Tax history

YearAssessmentProperty Tax
2024$400,609$5,302
2023$392,755$5,206
2022$385,054$4,977
2021$377,505$4,907
2020$373,636$4,769
2019$366,311$4,658
2018$359,129$4,560
2017$352,088$4,560

History based on county public records data.

Nearby schools

3

McKinley Avenue Elementary School

Public District KG-6

0.2 mi

7812 McKinley Ave

6

Parmelee Elementary

Public District KG-6

0.4 mi

1338 E 76th Pl

4

Wisdom Elementary School

Public District PK-6

0.4 mi

1125 E 74th St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $49,589. The majority of Los Angeles, CA residents have income between $35k-100k annually. Typical family type is married, with kids. Most residents in this area have high school diploma education.

How much money do the neighbors make?

24%
<35k
68%
35k-100k
8%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

25%
Single, No Kids
29%
Single, with Kids
15%
Married, No Kids
31%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

21%
<11 yrs old
13%
12-17 yrs old
28%
18-34 yrs old
33%
35-64 yrs old
5%
65+ yrs old

What do the neighbors do for fun?

  • Mexican League SoccerMexican League Soccer
  • Pro BoxingPro Boxing

Where do the neighbors shop?

  • Ross Dress For LessRoss Dress For Less
  • Foot LockerFoot Locker
  • BurlingtonBurlington

Where do the neighbors go to eat?

  • Jack In The BoxJack In The Box
  • Little CaesarsLittle Caesars
  • White CastleWhite Castle

What do the neighbors drive?

  • NissanNissan
  • DodgeDodge
  • KiaKia

What do the neighbors listen to?

  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • Urban Adult ContemporaryUrban Adult Contemporary
All data provided by Home Junction and Claritas

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Frequently asked questions

About 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 $950,000.

Los Angeles, CA housing market in December 2024 saw over 524 listings sold above listed price, more than 203 sold at listed price and over 740 sold below. In December 2024 in Los Angeles, CA there were 5.3% less homes for sale than in November. The median list price of listings available in December 2024 was $1,026,634, while the average time on the real estate market was 41 days.

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

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