123 E 55th St Los Angeles, CA 90011
South Park Neighborhood
7
Beds
5
Baths
1,992
Sq Ft
4,792
Sq Ft Lot
Highlights
- Laundry Room
- 1 Car Garage
- Wall Furnace
- Tile Flooring
About This Home
As of May 2021Excellent opportunity to own this remodeled 3-Unit property in a prime area of Los Angeles. This mulit-family property is just miles away from the Los Angeles Memorial Coliseum, Banc of California Stadium and USC. The owners have spared no expense in upgrading the property including new paint inside and out, new flooring throughout, remodeled kitchens, remodeled bathrooms, new appliances, and termite repairs already completed. Unit 1 is a spacious 2 Bed/1.5 Bath, Unit 2 is a 4 bed/1.75 bath and Unit 3 is 1 bed/1bath. Huge rental upside in a very high demand rental market. Per tax assessor property is 4 bed 3 bath; However, property is currently 7 bedroom 5 bath. Buyer and Buyer's agent to investigate further regarding legality of any additions or modifications.
Last Agent to Sell the Property
The Realty Group License #01373431 Listed on: 01/08/2021
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,051
Year Built
- Built in 1921
Lot Details
- 4,792 Sq Ft Lot
- Property fronts an alley
- Two or More Common Walls
- Density is up to 1 Unit/Acre
Parking
- 1 Car Garage
- 1 Open Parking Space
- Parking Available
Home Design
- 1,992 Sq Ft Home
- Property Attached
Kitchen
- Gas Range
- Microwave
Flooring
- Laminate
- Tile
Bedrooms and Bathrooms
- 7 Bedrooms
- 5 Bathrooms
Laundry
- Laundry Room
- Laundry in Garage
Additional Features
- Exterior Lighting
- Wall Furnace
Listing and Financial Details
- Legal Lot and Block 22 / K
- Assessor Parcel Number 5101014021
Community Details
Overview
- 2 Buildings
- 3 Units
Building Details
- Rent Control
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $1,946
- Water Sewer Expense $1,200
- New Taxes Expense $5,512
- Operating Expense $8,658
- Gross Income $74,400
- Net Operating Income $67,688
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 8, 2021
Closed on
May 11, 2021
Sold by
Mendoz Mercedes
Bought by
Sanchez Arellano Juan Carlos
Seller's Agent
Harry Bawaan
The Realty Group
Buyer's Agent
Monica Sainz
First Investments Realty & Mortgage
List Price
$699,000
Sold Price
$760,000
Premium/Discount to List
$61,000
8.73%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$117,009
Avg. Annual Appreciation
3.48%
Purchase Details
Closed on
Feb 19, 2021
Sold by
Nunez Ricardo and Park Victoria Shin
Bought by
Sanchez Arellano Juan Carlos
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$570,000
Interest Rate
3.1%
Mortgage Type
New Conventional
Purchase Details
Listed on
Feb 4, 2019
Closed on
Jan 31, 2020
Sold by
Nunez Guadalupe
Bought by
Nunez Ricardo
Seller's Agent
Harry Bawaan
The Realty Group
Buyer's Agent
Richard Arellano
T.N.G. Real Estate Consultants
List Price
$535,000
Sold Price
$520,000
Premium/Discount to List
-$15,000
-2.8%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.14%
Purchase Details
Closed on
Oct 25, 2019
Sold by
Quintero Eva
Bought by
Nunez Ricardo and Park Victoria Shin
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$382,500
Interest Rate
3.6%
Mortgage Type
New Conventional
Purchase Details
Listed on
May 7, 2014
Closed on
May 28, 2014
Sold by
One Tree Llc
Bought by
Quintero Eva
Seller's Agent
Cristina Warfield
Compass
Buyer's Agent
Subscriber Non
Non-Participant Office
List Price
$399,000
Sold Price
$400,000
Premium/Discount to List
$1,000
0.25%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.33%
Original Mortgage
$392,755
Interest Rate
4.4%
Mortgage Type
FHA
Purchase Details
Listed on
Apr 14, 2013
Closed on
Jun 10, 2013
Sold by
Tdc/Pacific Properties Inc
Bought by
One Tree Llc
Seller's Agent
Vicente Bustos
C-21 Powerhouse
Buyer's Agent
Vicente Bustos
C-21 Powerhouse
List Price
$230,000
Sold Price
$260,000
Premium/Discount to List
$30,000
13.04%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
52.55%
Purchase Details
Listed on
Apr 14, 2013
Closed on
Apr 18, 2013
Sold by
Garcia Edilia
Bought by
Tdc/Pacific Properties Inc
Seller's Agent
Vicente Bustos
C-21 Powerhouse
Buyer's Agent
Vicente Bustos
C-21 Powerhouse
List Price
$230,000
Sold Price
$260,000
Premium/Discount to List
$30,000
13.04%
Purchase Details
Closed on
Apr 5, 2013
Sold by
Soto Maria De Los Angeles
Bought by
Garcia Edilia
Purchase Details
Closed on
Sep 15, 2010
Sold by
Garcia Edilia
Bought by
Delosangeles Garcia Edilia and Delosangeles Soto Maria
Purchase Details
Closed on
Feb 2, 2010
Sold by
Portillo Agripina
Bought by
Garcia Edilia
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,743
Interest Rate
5.03%
Mortgage Type
FHA
Purchase Details
Closed on
Oct 26, 2006
Sold by
Portillo Agripina
Bought by
Portillo Agripina
Purchase Details
Closed on
Aug 11, 2004
Sold by
Samayoa Daniel
Bought by
Portillo Agripina
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$278,000
Interest Rate
7.25%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Nov 3, 1999
Sold by
Samayoa Daniel
Bought by
Portillo Agripina
Purchase Details
Closed on
May 17, 1999
Sold by
Portillo Agripina
Bought by
Samayoa Daniel and Portillo Agripina
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
6.86%
Similar Homes in the area
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | Lawyers Title Company | |
| Grant Deed | $760,000 | Lawyers Title Company | |
| Interfamily Deed Transfer | -- | Chicago Title Company | |
| Grant Deed | $510,000 | Chicago Title Company | |
| Grant Deed | $400,000 | Provident Title Company | |
| Grant Deed | $250,002 | Provident Title Company | |
| Grant Deed | $250,000 | None Available | |
| Grant Deed | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Grant Deed | $235,000 | Lawyers Title | |
| Interfamily Deed Transfer | -- | Commonwealth Land Title Co | |
| Interfamily Deed Transfer | -- | United Title | |
| Gift Deed | -- | -- | |
| Interfamily Deed Transfer | -- | Progressive Title Company |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $570,000 | New Conventional | |
| Previous Owner | $382,500 | New Conventional | |
| Previous Owner | $377,353 | FHA | |
| Previous Owner | $392,755 | FHA | |
| Previous Owner | $230,743 | FHA | |
| Previous Owner | $440,000 | Negative Amortization | |
| Previous Owner | $358,000 | Stand Alone First | |
| Previous Owner | $278,000 | Purchase Money Mortgage | |
| Previous Owner | $135,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/17/2021 05/17/21 | Sold | $760,000 | 0.0% | $382 / Sq Ft |
| 01/18/2021 01/18/21 | Pending | -- | -- | -- |
| 01/15/2021 01/15/21 | Off Market | $760,000 | -- | -- |
| 01/15/2021 01/15/21 | For Sale | $699,000 | -8.0% | $351 / Sq Ft |
| 01/14/2021 01/14/21 | Off Market | $760,000 | -- | -- |
| 01/08/2021 01/08/21 | For Sale | $699,000 | +34.4% | $351 / Sq Ft |
| 02/28/2020 02/28/20 | Sold | $520,000 | -2.8% | $203 / Sq Ft |
| 06/28/2019 06/28/19 | Pending | -- | -- | -- |
| 02/04/2019 02/04/19 | For Sale | $535,000 | +33.8% | $209 / Sq Ft |
| 06/20/2014 06/20/14 | Sold | $400,000 | +0.3% | $201 / Sq Ft |
| 05/21/2014 05/21/14 | Pending | -- | -- | -- |
| 05/07/2014 05/07/14 | For Sale | $399,000 | +53.5% | $200 / Sq Ft |
| 06/12/2013 06/12/13 | Sold | $260,000 | +13.0% | $131 / Sq Ft |
| 04/16/2013 04/16/13 | Pending | -- | -- | -- |
| 04/10/2013 04/10/13 | For Sale | $230,000 | -- | $115 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $10,051 | $806,517 | $371,422 | $435,095 |
| 2023 | $9,859 | $790,704 | $364,140 | $426,564 |
| 2022 | $9,404 | $775,200 | $357,000 | $418,200 |
| 2021 | $6,410 | $515,283 | $404,144 | $111,139 |
| 2020 | $5,731 | $448,352 | $212,967 | $235,385 |
| 2019 | $5,512 | $439,562 | $208,792 | $230,770 |
| 2018 | $5,431 | $430,945 | $204,699 | $226,246 |
| 2017 | $0 | $422,496 | $200,686 | $221,810 |
| 2016 | $5,180 | $414,212 | $196,751 | $217,461 |
| 2015 | $5,106 | $407,991 | $193,796 | $214,195 |
| 2014 | $3,326 | $251,134 | $160,726 | $90,408 |
Source: Public Records
Agents Affiliated with this Home
-
Harry Bawaan
H
Seller's Agent in 2021
Harry Bawaan
The Realty Group
(562) 653-4514
1 in this area
15 Total Sales
-
Monica Sainz
Buyer's Agent in 2021
Monica Sainz
First Investments Realty & Mortgage
(562) 251-0217
2 in this area
40 Total Sales
-
Richard Arellano
Buyer's Agent in 2020
Richard Arellano
T.N.G. Real Estate Consultants
(562) 650-2070
23 Total Sales
-
Cristina Warfield
Seller's Agent in 2014
Cristina Warfield
Compass
(310) 429-5997
35 Total Sales
-
S
Buyer's Agent in 2014
Subscriber Non
Non-Participant Office
-
V
Seller's Agent in 2013
Vicente Bustos
C-21 Powerhouse
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW21004945
APN: 5101-014-021
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
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. Properties may or may not be listed by the office/agent presenting the information
Nearby Homes
- 151 E 54th St
- 211 E 55th St
- 203 E 56th St
- 126 W 54th St
- 216 E 54th St
- 123 W 56th St
- 240 E 56th St
- 163 W 55th St
- 5510 S San Pedro St
- 207 W 52nd Place
- 5102 Woodlawn Ave
- 313 E 52nd St
- 211 W 52nd St
- 5854 Woodlawn Ave
- 227 W 52nd St
- 200 W Slauson Ave
- 318 E 50th St
- 321 W 58th St
- 327 W 58th St
- 5845 S Broadway