NOT LISTED FOR SALE

1224 E 120th St Los Angeles, CA 90059

Estimated Value: $598,000 - $815,000

4 Beds
2 Baths
1,694 Sq Ft
$413/Sq Ft Est. Value

Last Sold September 26, 2016

Last sale price $345,000 $204 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $4,164/month

72 Days on Market

Highlights

  • 2 Car Detached Garage
  • Ceiling Fan
  • Floor Furnace
  • Compton Early College Rated 9+

About This Home

As of September 2016

This Property is a must see. There is so much expansion potential. What a wonderful venture to embark upon huge back yard, detached garage. An investors opportunity, FHA financing will not be an option

Last Agent to Sell the Property

Annette Austin-Fuller

Realty Masters & Associates License #01727308 Listed on: 01/26/2016

Realty Masters & Associates

Last Buyer's Agent

Edgar Bonilla

Excellence RE Real Estate License #01828046

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1945

Lot Details

  • 7,525 Sq Ft Lot
  • Property is zoned LCR2YY

Parking

  • 2 Car Detached Garage

Interior Spaces

  • 1,694 Sq Ft Home
  • Ceiling Fan

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Utilities

  • Floor Furnace

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 6148-029-004

Home Details

Home Type

Single Family

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Living Area: 1694
  • Year Built: 1945
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Bedrooms: 4
  • Common Walls: Detached/No Common Walls
  • Total Bathrooms: 2.00
  • Price Per S Q F T: 211.33

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Detached
  • Total Parking: 2

Utilities

  • Cooling: Ceiling Fan
  • Heating: Floor Furnace

Lot Info

  • Assessed Improvement Value: 122915
  • Assessed Land Value: 74974
  • Assessor Parcel Number: 6148-029-004
  • Geocode Override: No
  • Lot Size Area: 7525

Rental Info

  • Land Lease Type: Fee

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 26, 2016
Closed on
Nov 7, 2016
Sold by
Guzman Jose Alfonso
Bought by
Guzman Jose Alfonso and Ventura Jose C
Seller's Agent
Annette Austin-Fuller
Realty Masters & Associates
Buyer's Agent
Edgar Bonilla
Excellence RE Real Estate
List Price
$358,000
Sold Price
$345,000
Premium/Discount to List
-$13,000
-3.63%
Current Estimated Value
$700,226

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$355,226
Avg. Annual Appreciation
8.00%

Purchase Details

Closed on
May 5, 2016
Sold by
Benitez Maria Ana Ventura
Bought by
Ventura Jose Alfonso

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$338,751
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 8, 2016
Sold by
Fields Thisbe
Bought by
Guzman Jose A and Ventura Jose Alfonso

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$338,751
Interest Rate
3.75%
Mortgage Type
FHA
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
Guzman Jose Alfonso -- Chicago Title
Ventura Jose C -- Chicago Title
Ventura Jose Alfonso -- Chicago Title Company
Guzman Jose A $345,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ventura Jose Alfonso $338,751
Previous Owner Guzman Jose A $338,751
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/26/2016 09/26/16 Sold $345,000 -3.6% $204 / Sq Ft
04/07/2016 04/07/16 Pending -- -- --
01/26/2016 01/26/16 For Sale $358,000 -- $211 / 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 $5,905 $400,396 $232,114 $168,282
2024 $5,905 $392,546 $227,563 $164,983
2023 $5,664 $384,850 $223,101 $161,749
2022 $5,293 $377,305 $218,727 $158,578
2021 $5,386 $369,908 $214,439 $155,469
2019 $5,238 $358,938 $208,080 $150,858
2018 $5,097 $351,900 $204,000 $147,900
2016 $3,176 $200,906 $76,117 $124,789
2015 $3,032 $197,889 $74,974 $122,915
2014 $2,992 $194,014 $73,506 $120,508
Source: Public Records

Agents Affiliated with this Home

  • Annette Austin-Fuller

    Seller's Agent in 2016

    Annette Austin-Fuller

    Realty Masters & Associates

    (213) 248-2286

    10 Total Sales

    Annette Austin-Fuller
    Section Image
  • Edgar Bonilla

    Buyer's Agent in 2016

    Edgar Bonilla

    Excellence RE Real Estate

    (562) 964-3017

    8 Total Sales

    Edgar Bonilla
    Section Image
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Map

Source: The MLS

MLS Number: 16-973251

The MLS

APN: 6148-029-004

California Los Angeles County Los Angeles 90059

1224 E 120th St, Los Angeles, CA

Not Listed for Sale

Detached

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