$590,000
SOLD OCT 24, 2024
3 Beds
2 Baths
1,024 Sq Ft
2,164 Sq Ft Lot

Recently Sold

$576 Per Sq Ft

6% Below List Price

44 Days on Market

Highlights

  • Double Pane Windows
  • Central Heating and Cooling System
  • 1-Story Property

About This Home

As of June 2025

This cute duplex, in need of a little TLC, is a corner lot duplex on a quiet street. Perfect investment opportunity with immediate passive income. Less than 5 miles from Sofi Stadium, Hollywood Park, and Shopping Center. The two parcels are sold together 1201 W 103rd St has 2 bed and 1 bath with 704 sq ft and 1203 W 103rd St has 1 bed and 1 bath with 512 sq ft. Both have 1 car garage and small backyard space and are currently tenant occupied but are aware and onboard with the sale of the property and they are making it easy to show with a 24-hour notice lock box at the property.

Last Agent to Sell the Property

Brenden Bowman

eXp Realty of California Inc Brokerage Phone: 818-968-5198 License #01986504 Listed on: 06/19/2024

eXp Realty of California Inc

Co-Listed By

Alejandro Morales

eXp Realty of California Inc Brokerage Phone: 818-968-5198 License #02159329

Last Buyer's Agent

David Morales

Popular Real Estate License #01893696

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,019

Year Built

  • Built in 1939

Lot Details

  • 2,164 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre
  • 6060006025

Parking

  • 2 Car Garage

Home Design

  • Duplex

Interior Spaces

  • 1,024 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Additional Features

  • Suburban Location
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 178
  • Tax Tract Number 3002
  • Assessor Parcel Number 6060006026
  • $630 per year additional tax assessments

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 1 Separate Gas Meter
  • 2 Separate Water Meters
  • Insurance Expense $5,000
  • Operating Expense $5,000
  • Gross Income $20,000
  • Net Operating Income $20,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,019

Year Built

Built in 1939

Lot Details

0

Parking

2

Listing Details

  • Price Per Unit: 312500
  • Property Attached: No
  • Zoning: LCR320U*
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 6060006026
  • Year Built: 1939
  • Special Features: None

Interior Features

  • Stories: 1
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 576.17
  • Window Features: Double Pane Windows

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: No
  • Heating Type: Central
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: Yes
  • Additional Parcels Description: 6060006025
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 2164.00
  • Lot Size Acres: 0.0497

Multi Family

  • Gross Income: 20000.00
  • Gross Scheduled Income: 36000.00
  • Insurance Expense: 5000.00
  • Lot Size Area: 2164.0000 Square Feet
  • Net Operating Income: 20000.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 10000.00
  • Rent Control: Yes
  • Total Expenses: 5000.00

Tax Info

  • Tax Census Tract: 6002.02
  • Tax Lot: 178
  • Tax Tract Number: 3002
  • TaxOtherAnnualAssessmentAmount: 630.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 8, 2025
Sold by
Dmorcito Llc
Bought by
Alexander Crystal B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$560,000
Interest Rate
6.81%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 19, 2024
Closed on
Sep 27, 2024
Sold by
Wortham Jason
Bought by
Dmorcito Llc
Seller's Agent
Brenden Bowman
eXp Realty of California Inc
Buyer's Agent
David Morales
Popular Real Estate
List Price
$625,000
Sold Price
$590,000
Premium/Discount to List
-$35,000
-5.6%
Views
12

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
44.55%
Original Mortgage
$525,000
Interest Rate
6.2%
Mortgage Type
Construction

Purchase Details

Closed on
Nov 8, 2023
Sold by
Beatha Development Llc
Bought by
Wortham Jason

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
7.18%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 26, 2023
Sold by
Wortham Jason
Bought by
Beatha Development Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
7.18%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 22, 2023
Sold by
Unknown
Bought by
Wortham Jason
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $800,000 Pacific Coast Title
Grant Deed $590,000 Ticor Title Company
Quit Claim Deed -- None Listed On Document
Quit Claim Deed -- None Listed On Document
Quit Claim Deed -- Fidelity National Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $560,000 New Conventional
Previous Owner $525,000 Construction
Previous Owner $450,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/10/2025 06/10/25 Sold $800,000 0.0% $658 / Sq Ft
03/24/2025 03/24/25 Pending -- -- --
03/03/2025 03/03/25 For Sale $799,999 +35.6% $658 / Sq Ft
10/24/2024 10/24/24 Sold $590,000 -5.6% $576 / Sq Ft
06/19/2024 06/19/24 For Sale $625,000 -- $610 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

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
2024 $6,019 $454,000 $318,000 $136,000
2023 $2,092 $123,086 $61,543 $61,543
2022 $2,011 $120,674 $60,337 $60,337
2021 $1,992 $118,308 $59,154 $59,154
2019 $1,939 $114,800 $57,400 $57,400
2018 $1,903 $112,550 $56,275 $56,275
2016 $1,826 $108,182 $54,091 $54,091
2015 $1,799 $106,558 $53,279 $53,279
2014 $1,803 $104,472 $52,236 $52,236
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR24125455

California Regional Multiple Listing Service (CRMLS)

APN: 6060-006-026