3 months on rocket

7908 Towne Ave, Los Angeles, CA, 90003

$750,000

Home List Price

$8,906*

Closing Credit

5 Bedrooms
3 Baths
1,826 SqFt
$411/SqFt
House
Schools Nearby

Location

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7908 Towne Ave, Los Angeles$750,000

Buyer Closing Credits

$8,906*

1.25% Loan Amount

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Property Highlights

Home TypeOther
ParkingDoor-Multi, Door-Single, Garage
Year Built1931
HeatingWall Furnace
CoolingNone
FireplaceNone
ViewNone
MLS #24344647
Lot Size0.16 Acres
StatusActive

About 7908 Towne Ave

REDUCED PRICE AND SELLERS ARE VERY MOTIVATED!!!! This property consists of "TWO (2) INDIVIDUAL HOUSE UNITS ON THIS LOT", the smaller house on the corner of 79th & Towne is a fixer, vacant, and needs repairs. Title report says 4 bedrooms, 2 bathrooms; however, property presently shows 5 bedrooms, 3 bathrooms total. This entire property is being 'SOLD AS-IS" in IT'S PRESENT CONDITION WITH "NO FURTHER WARRANTIES AND/OR GUARANTEES OF ANY KIND RELATING TO CITY/COUNTY REPAIR REQUIREMENTS, PROPERTY SQUARE FOOTAGES, OR ANY OTHER KIND OF PROPERTY PROSPECTIVES". THIS HAS NO RESPONSIBILITY HELD UPON OR AGAINST THE OWNER(S), AND/OR THEIR LISTING BROKER/AGENT(S) AT ALL. Buyer(s) and their Broker and/or Agent(s) are to do their due diligence in researching All details regarding this property before making an offer to purchase. The tenant(s) own all of their appliances, and "Will Remain As Residing Tenant(s)", with property being for sale and sold. No Eviction Will Be Done By The Sellers! PLEASE DO NOT DISTURB THE TENANT(S) AT ALL & PLEASE DRIVE BY ONLY, & CALL ME (SEE AGENT REMARKS) for viewing appointments. Escrow time may be extended due to the trust clarification process. There Are No Lockboxes At All For Entry Access. "Seller Has Selection Of ALL Services". ** Properties For Sale Also Are: 8021 Towne Avenue, MLS #24-378467 And Vacant Land Lot APN; 6030-020-021, MLS #24-378471** Thank You All For Your Inquiries And Have An Excellent Day

Property Details

Property Features

Property Information:

  • Year Built: 1931
  • Stories: 1
  • Living Area: 1,826 SqFt

Listing Office:

  • Office Name: Crystal Lee, Broker
  • Office Phone: (323) 252-6943
  • Listing Agent: Crystal Lee

Interior Features

Interior Information:

  • Appliances: Disposal, Dryer
  • Fireplace: None

Bedroom and Bathroom Information:

  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: None

Parking Information:

  • Attached Garage: No
  • Parking: Door-Multi, Door-Single, Garage

Lot Features

Lot Information:

  • Lot: Back Yard, Front Yard, Lawn
  • Lot Size: 0.16 Acres

Utilities

Utilities Information:

  • Heating: Wall Furnace
  • Cooling: None

School Info

Assigned Schools Information:

  • John C. Fremont Senior High School, Public Magnet Grades 9-12
  • Math, Science, & Technology Magnet Academy at Roosevelt High School, Public Magnet Grades 9-12
  • Daniel Pearl Journalism & Communications Magnet, Public Magnet Grades 9-12
  • Charles Drew Middle School, Public Magnet Grades 6-8
  • Studio, Public District Grades 6-8
  • McKinley Avenue Elementary School, Public District Grades KG-6
  • Melrose Avenue Elementary School, Public Magnet Grades KG-6
  • Point Fermin Elementary School, Public Magnet Grades KG-5

Other

Directions Information:

  • Directions: This property is centered between the major streets of San Pedro Street and Avalon Blvd., and is located on the southeast corner of 79th Street and Towne Avenue.

Price Information

Listing Price Info

Price Summary:

  • List Price: $750,000
  • Price Per SqFt: $411/SqFt

Tax Information:

  • Annual Amount: $5,915
  • 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

$986.4K

Med. Price/SqFt

$631

Avg. Days On Market

34

# of Sold Homes

1534

7908 Towne Ave vs Los Angeles

115 DAYS ON ROCKET

+81 Days

$750,000

-$236.4K Less

$411/SqFt

-$221 Less

KEY TAKEAWAY

This property is $236.4K less than the Median Sold Price and $221/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: #24344647

Listing Office:

  • Office Name: Crystal Lee, Broker
  • Office Phone: (323) 252-6943
  • Listing Agent: Crystal Lee

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: 5/2/2024, 4:25:19 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$5,915$470,021
2020$5,743$465,203
2019$5,620$456,082
2018$5,498$447,140
2017$5,498$438,373

History based on county public records data.

Payment Calculator

$3,811

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,315

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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.

Elementary School

school-card-donut-4830700
3
/10

  • McKinley Avenue Elementary School

  • 7812 Mckinley Ave

  • 0.39 miles

  • Public District Grades KG-6

school-card-donut-4830701
8
/10

  • Melrose Avenue Elementary School

  • 731 N Detroit St

  • 9.25 miles

  • Public Magnet Grades KG-6

school-card-donut-4830702
6
/10

  • Point Fermin Elementary School

  • 3333 S Kerckhoff Ave

  • 17.53 miles

  • Public Magnet Grades KG-5

Middle School

school-card-donut-4830703
2
/10

  • Charles Drew Middle School

  • 8511 Compton Ave

  • 1.18 miles

  • Public Magnet Grades 6-8

school-card-donut-4830704
4
/10

  • Studio

  • 2211 W Avenue 30

  • 9.65 miles

  • Public District Grades 6-8

High School

school-card-donut-4830705
2
/10

  • John C. Fremont Senior High School

  • 7676 S San Pedro St

  • 0.22 miles

  • Public Magnet Grades 9-12

school-card-donut-4830706
8
/10

  • Math, Science, & Technology Magnet Academy at Roosevelt High School

  • 456 S Mathews St

  • 5.80 miles

  • Public Magnet Grades 9-12

school-card-donut-4830707
8
/10

  • Daniel Pearl Journalism & Communications Magnet

  • 6649 Balboa Blvd

  • 20.50 miles

  • Public Magnet Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $29,792. The majority of Los Angeles, CA residents have income less than $35k annually. 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 7908 Towne Ave

What is the listing price of this property?

The listing price of 7908 Towne Ave property is $750,000.

What type of property is this?

The property 7908 Towne Ave is a house located in Los Angeles, California, 90003.

Is this property for sale now?

Active Listing: 7908 Towne Ave is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 7908 Towne Ave are:
McKinley Avenue Elementary School: GreatSchools Rating 3/10
Melrose Avenue Elementary School: GreatSchools Rating 8/10
Point Fermin Elementary School: GreatSchools Rating 6/10
Charles Drew Middle School: GreatSchools Rating 2/10
Studio: GreatSchools Rating 4/10
John C. Fremont Senior High School: GreatSchools Rating 2/10
Math, Science, & Technology Magnet Academy at Roosevelt High School: GreatSchools Rating 8/10
Daniel Pearl Journalism & Communications Magnet: GreatSchools Rating 8/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $5,915 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 7908 Towne Ave has 5 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 7908 Towne Ave is 1,826 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 7908 Towne Ave is 1931.

Rocket Homes›California›Los Angeles County›Los Angeles›90003›7908 Towne Ave

This home is located at 7908 Towne Ave in Los Angeles, CA and zip code 90003 in the South LA neighborhood. This 1,826 square foot home, which was built in 1931, sits on a 0.16 acre lot. Features: 5 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since January 08, 2024 and is currently priced at $750,000.

In April 2024 more than 701 listings in Los Angeles, CA were sold above the asking price. During the same period more than 204 listings were sold at asking price, while more than 629 were sold below. Between March 2024 and April 2024, Los Angeles, CA real estate market has seen increase in the number of listings by 14.9%. Listings spent 34 days on the market in April 2024, and had a median list price of $986,427 during the same period.

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

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