NOT LISTED FOR SALE

1218 E 120th St Los Angeles, CA 90059

Estimated Value: $636,000 - $805,000

4 Beds
2 Baths
1,680 Sq Ft
$424/Sq Ft Est. Value

Last Sold July 14, 2023

Last sale price $545,000 $324 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $4,371/month

16 Days on Market

Highlights

  • Ground Level Unit
  • Lawn
  • Bathtub with Shower
  • Compton Early College Rated 9+
  • 2 Car Garage
  • Ceramic Tile Flooring

About This Home

As of July 2023

Great Investment Opportunity in Central Los Angeles to generate passive income. Sold As Is. This duplex sits on a large 7000+ sq foot lot. Nice sized 2 bedroom / 1 bath units. Great long-term tenants. Open backyard space, ideal for entertaining, relaxing, or gardening. Detached 2 car garage with alley access. Ready for a new owner to bring their creative touch to the property. Approval for addition of at least 1 (one) 800 sf ADU. Desirable location close to recently renovated Magic Johnson Park, among others. Conveniently near schools, shopping, and public transportation. Easily accessible from the 110 and the 105 freeways. Interested? Contact me today!

Last Agent to Sell the Property

Carlton Davenport

Davenport Realty, Inc. License #01200969 Listed on: 04/10/2023

Last Buyer's Agent

Yvonne Regis

Khorr Realty License #01817942

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1945

Lot Details

  • 7,512 Sq Ft Lot
  • North Facing Home
  • Gated Home
  • Lawn
  • Back and Front Yard

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Cosmetic Repairs Needed
  • Common Roof
  • Stucco

Interior Spaces

  • 1,680 Sq Ft Home
  • 1-Story Property
  • Gas And Electric Dryer Hookup

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms
  • Bathtub with Shower

Location

  • Ground Level Unit
  • City Lot

Utilities

  • Space Heater
  • Property is located within a water district
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 6148-029-003

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • Rent Control

Property Details

Home Type

Multi-Family

Year Built

Built in 1945

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Levels: Ground Level
  • Street Number Display: No
  • ADA Compliant: No
  • Additional Assessor Parcel Numbers: No
  • Alley: Yes
  • Building Permit: Yes
  • Entry Location: Ground Level - no steps
  • Living Area: 1680
  • Lot Acreage: 0.1725
  • Property Condition: Repair Cosmetic
  • Stories: 1
  • Year Built: 1945
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile, Wood Laminate, Carpet
  • Bedrooms: 4
  • Common Walls: Attached
  • Bathroom Features: Shower and Tub
  • Total Bathrooms: 2.00
  • Equipment: Gas Or Electric Dryer Hookup
  • Price Per S Q F T: 336.31

Exterior Features

  • Direction Faces: North
  • Construction: Stucco
  • Other Structures: None
  • Paved: Yes
  • Pool: No
  • Roof: Common Roof
  • Spa Yn: No

Garage/Parking

  • Garage Spaces: 2
  • Garage Structures: 1
  • Parking Garage: Garage Is Detached
  • Total Parking: 2

Utilities

  • Water Heater: Gas
  • Heating: Space Heater
  • Security: Gated
  • Water: District
  • Water Heaters: Yes

Lot Info

  • Additions Alterations: No
  • Assessed Improvement Percent: 59.41
  • Assessed Improvement Value: 92887
  • Assessed Land Percent: 40.59
  • Assessed Land Value: 63452
  • Total Assessed Value: 156339
  • Assessor Parcel Number: 6148-029-003
  • Lot Description: Front Yard, Back Yard, Lawn
  • Lot Location: City
  • Lot Size Area: 7512

Rental Info

  • Rent Control: Yes

Multi Family

  • Unit Type: 2106, 2107
  • Number Of Units: 2
  • Type Of Units: Duplex

MLS Schools

  • School District: Los Angeles Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 10, 2023
Closed on
Jul 10, 2023
Sold by
Williams Duane
Bought by
Williams Monica Regina Guill
Seller's Agent
Carlton Davenport
Davenport Realty, Inc.
Buyer's Agent
Yvonne Regis
Khorr Realty
List Price
$565,000
Sold Price
$545,000
Premium/Discount to List
-$20,000
-3.54%
Views
285
Current Estimated Value
$711,482

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$166,482
Avg. Annual Appreciation
11.75%
Original Mortgage
$408,750
Outstanding Balance
$398,999
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$312,483

Purchase Details

Listed on
Apr 10, 2023
Closed on
Jul 3, 2023
Sold by
Michael Norville Revocable 2009 Trust and Norville Michael
Bought by
Williams Monica Regina Guill
Seller's Agent
Carlton Davenport
Davenport Realty, Inc.
Buyer's Agent
Yvonne Regis
Khorr Realty
List Price
$565,000
Sold Price
$545,000
Premium/Discount to List
-$20,000
-3.54%
Views
285

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$408,750
Outstanding Balance
$398,999
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$312,483

Purchase Details

Closed on
Jul 28, 2020
Sold by
Norville Michael
Bought by
Norville Michael and Norville Michael Revocable

Purchase Details

Closed on
Feb 18, 2020
Sold by
Norville Michael and Neal Jackson Revocabl Gloria O
Bought by
Norville Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Interest Rate
3.6%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
May 18, 2009
Sold by
Jackson Gloria
Bought by
Jackson Gloria Oneal and Gloria Oneal Jackson Revocable 2009 Trus
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Williams Monica Regina Guill -- First American Title
Williams Monica Regina Guill $545,000 First American Title
Norville Michael -- None Available
Norville Michael -- Chicago Title Company
Jackson Gloria Oneal -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Williams Monica Regina Guill $408,750
Previous Owner Norville Michael $325,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/14/2023 07/14/23 Sold $545,000 -3.5% $324 / Sq Ft
04/26/2023 04/26/23 Pending -- -- --
04/10/2023 04/10/23 For Sale $565,000 -- $336 / Sq Ft
Source: The MLS

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
2025 $7,678 $555,900 $459,000 $96,900
2024 $7,678 $545,000 $450,000 $95,000
2023 $2,981 $159,465 $64,721 $94,744
2022 $2,820 $156,339 $63,452 $92,887
2021 $2,847 $153,274 $62,208 $91,066
2020 $2,801 $151,704 $61,571 $90,133
2019 $2,778 $148,730 $60,364 $88,366
2018 $2,691 $145,815 $59,181 $86,634
2016 $2,556 $140,155 $56,884 $83,271
2015 $2,451 $138,051 $56,030 $82,021
2014 $2,426 $135,348 $54,933 $80,415
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 23-258521

The MLS

APN: 6148-029-003