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Closed
- Listed price
- $365,000
- Listed May 20, 2016
- Sold price
- $400,000
- Sold Jun 28, 2016
5,202 sqft lot|1949 Built|12 MLS days on market
750 E 79th St, Los Angeles, CA 90001
Property Description
Exceptional value-add opportunity. Property has deferred maintenance and presents a rare opportunity for new owner to renovate and raise rents. 7.0+ CAP rate on proforma rents. Entire lot is gated with rear access to alley. Four individual covered garage spaces. Interior of units are in decent condition. Current tenant has lived in property for several years and makes timely rental payments. Property is a few hundred yards away from McKinley Avenue Elementary School. Property will not qualify for FHA financing and is subject to rent control. Opportunities like this are hard to find in today's market. Property is priced aggressively. Agents, see private remarks for showing instructions.
Listing agent: John CheliusDRE #01936287johnc@turnstonecmg.com, Listing office: Property Works RE, Inc.
MLS data updated 10/30/2026, 11:56:55 AM PT
Source: CRMLSMLS #: PW16108352
Belmont insights
Price & property history
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Last recorded sale$400,000
Jun 28, 2016
Available records32016
From MLS recordsActual listing and closing events
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
No recordNo property-price record in this range.ZIP 90001 · Oct 2026
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.This home · 0 price recordsNo records in this period
ZIP 90001 · same property typeThis MLS property type has no exact comparison group.
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Recorded sales in this period (0)
No recorded sales in this range. Select All available for older records; missing records do not mean the home never sold.
ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
View listing & sale records
No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.