NOT LISTED FOR SALE

120 E 29th St Los Angeles, CA 90011

Historic South Central Neighborhood

Estimated Value: $658,000 - $2,592,698

4 Beds
4 Baths
1,023 Sq Ft
$1,915/Sq Ft Est. Value

Last Sold September 30, 2020

Last sale price $680,000 $665 Per Sq Ft

Est. 188% increase in value since last sale

Current estimated payment $12,826/month

15 Days on Market

Highlights

  • Bonus Room
  • Neighborhood Views
  • Laundry Room
  • No HOA
  • In-Law or Guest Suite
  • Central Air

About This Home

As of September 2020

Historic triplex located minutes from Downtown LA and USC. Limitless potential on a huge 6,250 sq ft lot. Perfect for multi-generational living, investors and developers. This RD1.5 zoned property is located in an Opportunity Zone. Interior features historic charm with Victorian woodwork combined with modern updates. Exterior features storage areas, fruit trees, lots of paving and a long driveway with plenty of space for parking. Main house has 2 bed 2 bath, while the two units in the rear of the lot have 1 bed 1 bath each. Buyer to do their own due diligence regarding bed and bath count, zoning/development potential and square footage. Own a piece of land near Downtown LA with tons of potential!

Last Agent to Sell the Property

Silvestre Madrid

NON-MEMBER/NBA or BTERM OFFICE License #02009870 Listed on: 08/30/2020

NON-MEMBER/NBA or BTERM OFFICE

Last Buyer's Agent

Sandra Alvarez

American Team Properties License #01308068

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1902

Lot Details

  • 6,250 Sq Ft Lot
  • No Common Walls
  • Back and Front Yard

Home Design

  • Triplex

Interior Spaces

  • 1,023 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Bonus Room
  • Neighborhood Views

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • Converted Bedroom
  • In-Law or Guest Suite
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Additional Features

  • Urban Location
  • Central Air

Listing and Financial Details

  • Legal Lot and Block 7 / D
  • Tax Tract Number 4
  • Assessor Parcel Number 5128004004

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Recreation

  • Bike Trail

Property Details

Home Type

Multi-Family

Year Built

Built in 1902

Lot Details

6,250 Sq Ft Lot

Listing Details

  • Structure Type: Triplex
  • Assessments: No
  • Property Attached: No
  • View: Yes
  • Zoning: LARD1.5
  • Property Sub Type: Triplex
  • Property Type: Residential
  • Parcel Number: 5128004004
  • Year Built: 1902
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1023.00 Square Feet
  • Interior Amenities: In-Law Floorplan
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 4
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 664.71
  • Room Type: Bonus Room, Converted Bedroom

Exterior Features

  • View: Neighborhood
  • Pool Private: No

Utilities

  • Laundry: Yes
  • Laundry Features: Gas & Electric Dryer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Curbs, Sidewalks, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard
  • Lot Size Sq Ft: 6250.00
  • Lot Size Acres: 0.1435

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6250.0000 Square Feet
  • Number Of Units Total: 2

Tax Info

  • Tax Block: D
  • Tax Census Tract: 2246.00
  • Tax Lot: 7
  • Tax Tract Number: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 23, 2022
Sold by
Nguyen Hong Anh
Bought by
Nguyen Cuong Viet
Current Estimated Value
$1,959,175

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,888,000
Outstanding Balance
$1,789,229
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$169,946

Purchase Details

Listed on
Aug 30, 2020
Closed on
Sep 15, 2020
Sold by
Denise Alberto Realty Llc
Bought by
La Properties Inc
Seller's Agent
Silvestre Madrid
NON-MEMBER/NBA or BTERM OFFICE
Buyer's Agent
Sandra Alvarez
American Team Properties
List Price
$649,900
Sold Price
$680,000
Premium/Discount to List
$30,100
4.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.30%

Purchase Details

Closed on
Dec 17, 2019
Sold by
Ventura Katie Vanessa
Bought by
Denise Alberto Realty Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$368,000
Interest Rate
3.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 5, 2015
Sold by
Magana Hector
Bought by
Ventura Katie Vanessa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$223,850
Interest Rate
3.91%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 9, 2012
Sold by
Magana Hector
Bought by
Magana Hector and Ventura Katie Vanessa

Purchase Details

Closed on
Oct 19, 2000
Sold by
Affordable Shelters Inc
Bought by
Magana Hector

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,500
Interest Rate
7.66%

Purchase Details

Closed on
Jul 18, 2000
Sold by
Hud
Bought by
Affordable Shelters Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,500
Interest Rate
8.16%

Purchase Details

Closed on
May 23, 2000
Sold by
Old Kent Mtg Company
Bought by
Hud

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,500
Interest Rate
8.16%

Purchase Details

Closed on
Jul 16, 1999
Sold by
Fletes Jacinto
Bought by
Old Kent Mtg Company
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Nguyen Cuong Viet -- New Title Company Name
Nguyen Tiffany Thuy $2,360,000 New Title Company Name
La Properties Inc $680,000 Corinthian Title
Denise Alberto Realty Llc $510,000 Corinthian Title Company
Ventura Katie Vanessa -- Equity Title Company
Magana Hector -- None Available
Magana Hector $125,000 Provident Title
Affordable Shelters Inc $87,000 New Century Title Company
Hud -- American Title
Old Kent Mtg Company $124,960 American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nguyen Tiffany Thuy $1,888,000
Previous Owner Denise Alberto Realty Llc $368,000
Previous Owner Ventura Katie Vanessa $223,850
Previous Owner Magana Hector $112,500
Previous Owner Affordable Shelters Inc $76,500
Closed Affordable Shelters Inc $16,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2020 09/30/20 Sold $680,000 +4.6% $665 / Sq Ft
09/14/2020 09/14/20 Pending -- -- --
08/30/2020 08/30/20 For Sale $649,900 -- $635 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $30,239 $2,504,450 $1,231,001 $1,273,449
2024 $30,239 $2,455,344 $1,206,864 $1,248,480
2023 $29,621 $2,407,200 $1,183,200 $1,224,000
2022 $8,299 $693,600 $693,600 $0
2021 $8,280 $680,000 $680,000 $0
2020 $4,374 $340,638 $263,030 $77,608
2019 $4,208 $333,960 $257,873 $76,087
2018 $4,114 $327,413 $252,817 $74,596
2016 $3,930 $314,700 $243,000 $71,700
2015 $1,964 $156,706 $104,933 $51,773
2014 $1,977 $153,637 $102,878 $50,759
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2020

    Silvestre Madrid

    NON-MEMBER/NBA or BTERM OFFICE

    Section Image

  • S

    Buyer's Agent in 2020

    Sandra Alvarez

    American Team Properties

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW20178981

California Regional Multiple Listing Service (CRMLS)

APN: 5128-004-004

California Los Angeles County Los Angeles 90011 Historic South Central

120 E 29th St, Los Angeles, CA

Not Listed for Sale

MultiFamily

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