NOT LISTED FOR SALE

1239 E 120th St Los Angeles, CA 90059

Estimated Value: $664,000 - $894,000

4 Beds
2 Baths
1,625 Sq Ft
$487/Sq Ft Est. Value

Last Sold July 27, 2020

Last sale price $425,000 $262 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $5,084/month

165 Days on Market

Highlights

  • Forced Air Heating System
  • Compton Early College Rated 9+
  • 1-Story Property

About This Home

As of July 2020

Duplex in a South LA. Court Approval MIGHT be required.PLEASE SUBMIT ALL OFFERS ON PROBATE PURCHASE AGREEMENT

Last Agent to Sell the Property

Mick Rothman

Hot Realty Group License #01862015 Listed on: 01/06/2020

Last Buyer's Agent

Mick Rothman

Hot Realty Group License #01862015 Listed on: 01/06/2020

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1946

Lot Details

  • 6,869

Parking

  • 2 Parking Spaces

Interior Spaces

  • 1,625 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Additional Features

  • 6,869 Sq Ft Lot
  • Forced Air Heating System

Community Details

  • 2 Buildings
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 6148-014-008

Property Details

Home Type

Multi-Family

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 1625
  • Probate: Yes
  • Stories: 1
  • Year Built: 1946
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 4
  • Total Bathrooms: 2.00
  • Price Per S Q F T: 270.77

Exterior Features

  • Other Structures: None
  • View: No

Garage/Parking

  • Total Parking: 2

Utilities

  • Heating: Forced Air

Lot Info

  • Assessed Improvement Value: 88310
  • Assessed Land Value: 209740
  • Assessor Parcel Number: 6148-014-008
  • Geocode Override: No
  • Lot Size Area: 6869

Rental Info

  • Court Approve: No

Multi Family

  • Unit Type: 2106
  • Number Of Units: 2
  • Rent Control: 0
  • Type Of Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 6, 2020
Closed on
Jun 25, 2020
Sold by
Whipple Christopher and Estate Of Christopher Whipple
Bought by
Cmr Consulting Inc
Seller's Agent
Mick Rothman
Hot Realty Group
Buyer's Agent
Mick Rothman
Hot Realty Group
List Price
$440,000
Sold Price
$425,000
Premium/Discount to List
-$15,000
-3.41%
Current Estimated Value
$791,165

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$366,165
Avg. Annual Appreciation
12.29%
Original Mortgage
$300,000
Outstanding Balance
$265,927
Interest Rate
3.2%
Mortgage Type
Commercial
Estimated Equity
$525,238

Purchase Details

Closed on
Oct 13, 2010
Sold by
Urban Housing Investors Fund Llc
Bought by
Whipple Christopher S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$266,412
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 7, 2010
Sold by
Deutsche Bank National Trust Company
Bought by
Urban Housing Investors Fund Llc

Purchase Details

Closed on
Jan 20, 2010
Sold by
Yarbrough Shane M
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Jan 19, 2006
Sold by
Yarbrough Shane M and Yarbrough Simeon T
Bought by
Yarbrough Shane M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,000
Interest Rate
7.6%
Mortgage Type
Balloon

Purchase Details

Closed on
Nov 3, 2002
Sold by
Duncan Julius and Duncan Grace L
Bought by
Yarbrough Shane M and Yarbrough Simeon T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,000
Interest Rate
5.95%
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
Cmr Consulting Inc $420,000 Lawyers Title Company
Whipple Christopher S $270,000 Calcounties Title Nation
Urban Housing Investors Fund Llc -- Lawyers Title Company
Deutsche Bank National Trust Company $140,000 Accommodation
Yarbrough Shane M $142,000 First American Title Ins Co
Yarbrough Shane M $186,000 American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cmr Consulting Inc $300,000
Previous Owner Whipple Christopher S $266,412
Previous Owner Yarbrough Shane M $284,000
Previous Owner Yarbrough Shane M $186,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/27/2020 07/27/20 Sold $425,000 -3.4% $262 / Sq Ft
06/19/2020 06/19/20 Pending -- -- --
04/07/2020 04/07/20 For Sale $440,000 +3.5% $271 / Sq Ft
04/06/2020 04/06/20 Off Market $425,000 -- --
01/06/2020 01/06/20 For Sale $440,000 -- $271 / 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 $11,222 $848,966 $583,664 $265,302
2024 $11,070 $832,320 $572,220 $260,100
2023 $10,760 $816,000 $561,000 $255,000
2022 $9,987 $800,000 $550,000 $250,000
2021 $7,245 $530,000 $350,000 $180,000
2020 $4,939 $316,290 $222,576 $93,714
2019 $4,668 $310,089 $218,212 $91,877
2018 $4,528 $304,010 $213,934 $90,076
2016 $4,299 $292,207 $205,628 $86,579
2015 $4,087 $287,819 $202,540 $85,279
2014 $4,023 $282,182 $198,573 $83,609
Source: Public Records

Agents Affiliated with this Home

  • Mick Rothman

    Seller's Agent in 2020

    Mick Rothman

    Hot Realty Group

    (619) 315-6040

    7 Total Sales

    Mick Rothman
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Map

Source: The MLS

MLS Number: 20-540808

The MLS

APN: 6148-014-008

California Los Angeles County Los Angeles 90059

1239 E 120th St, Los Angeles, CA

Not Listed for Sale

MultiFamily

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