123 W 56th St Los Angeles, CA 90037
South Park Neighborhood
2
Beds
1
Bath
1,050
Sq Ft
5,443
Sq Ft Lot
Highlights
- Private Yard
- Covered patio or porch
- 1 Car Garage
- No HOA
- Laundry Room
- 1-Story Property
About This Home
As of November 2024Welcome to this charming two-bedroom, one-and-a-quarter-bath home located on a spacious LAR2 lot. Situated in a convenient location close to transportation lines and just two blocks away from the freeway, this property offers both accessibility and peaceful living.
The home features a unique layout and has been thoughtfully designed to maximize space and comfort. As you enter, you'll notice the former dining room that has been converted into an additional bedroom, providing versatility and options for your living arrangement.
In addition to the living space, this property also includes a one-car garage, offering secure parking and extra storage space. The LAR2 zoning allows for potential expansion or customization, making this home a versatile investment opportunity. Schedule a showing today.
Last Agent to Sell the Property
eXp Realty of Southern Ca, Inc Brokerage Phone: 714-290-8301 License #01332244 Listed on: 01/01/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,399
Year Built
- Built in 1908
Lot Details
- 5,443 Sq Ft Lot
- Private Yard
- Density is up to 1 Unit/Acre
- Property is zoned LAR2
Parking
- 1 Car Garage
- Parking Available
- Parking Lot
Home Design
- Shingle Roof
Interior Spaces
- 1,050 Sq Ft Home
- 1-Story Property
- Decorative Fireplace
- Laundry Room
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- 1 Full Bathroom
Outdoor Features
- Covered patio or porch
- Exterior Lighting
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 6
- Assessor Parcel Number 5101030006
- $234 per year additional tax assessments
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 1, 2024
Closed on
Oct 16, 2024
Sold by
Rushmore Enterprises Llc
Bought by
Wrt Investments Inc
Seller's Agent
Cathy Perkins
eXp Realty of Southern Ca, Inc
Buyer's Agent
Mike Pagan
Berkshire Hathaway H.S.C.P.
List Price
$490,000
Sold Price
$492,500
Premium/Discount to List
$2,500
0.51%
Views
64
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.67%
Original Mortgage
$633,250
Outstanding Balance
$215,365
Interest Rate
6.08%
Mortgage Type
Construction
Estimated Equity
$325,211
Purchase Details
Closed on
Jul 29, 2003
Sold by
Mcdonald James M and The Mcdonald Family Trust
Bought by
Rushmore Enterprises Llc
Purchase Details
Closed on
Nov 22, 2001
Sold by
Mcdonald James M and Mcdonald Julia E
Bought by
Mcdonald James M
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 |
|---|---|---|---|
| Grant Deed | $492,500 | First American Title Company | |
| Grant Deed | -- | -- | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $633,250 | Construction |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/20/2025 06/20/25 | For Sale | $1,099,999 | +123.4% | $458 / Sq Ft |
| 11/12/2024 11/12/24 | Sold | $492,500 | +0.5% | $469 / Sq Ft |
| 10/25/2024 10/25/24 | Price Changed | $490,000 | 0.0% | $467 / Sq Ft |
| 07/05/2024 07/05/24 | Price Changed | $490,000 | -0.5% | $467 / Sq Ft |
| 01/15/2024 01/15/24 | Pending | -- | -- | -- |
| 01/12/2024 01/12/24 | Off Market | $492,500 | -- | -- |
| 01/01/2024 01/01/24 | For Sale | $490,000 | -- | $467 / 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 | $1,399 | $95,984 | $57,598 | $38,386 |
| 2023 | $1,376 | $94,103 | $56,469 | $37,634 |
| 2022 | $1,317 | $92,259 | $55,362 | $36,897 |
| 2021 | $1,297 | $90,451 | $54,277 | $36,174 |
| 2019 | $1,262 | $87,770 | $52,668 | $35,102 |
| 2018 | $1,211 | $86,050 | $51,636 | $34,414 |
| 2016 | $1,148 | $82,711 | $49,632 | $33,079 |
| 2015 | $1,133 | $81,470 | $48,887 | $32,583 |
| 2014 | $1,147 | $79,875 | $47,930 | $31,945 |
Source: Public Records
Agents Affiliated with this Home
-
Werner Rosales
Seller's Agent in 2025
Werner Rosales
Berkshire Hathaway H.S.C.P.
(323) 228-1444
1 in this area
77 Total Sales
-
Cathy Perkins
Seller's Agent in 2024
Cathy Perkins
eXp Realty of Southern Ca, Inc
(714) 290-8301
1 in this area
50 Total Sales
-
Mike Pagan
Buyer's Agent in 2024
Mike Pagan
Berkshire Hathaway H.S.C.P.
(562) 291-8640
1 in this area
35 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW24000071
APN: 5101-030-006
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
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