NOT LISTED FOR SALE

124 E 60th St Los Angeles, CA 90003

Florence Neighborhood

Estimated Value: $638,000 - $802,000

3 Beds
3 Baths
1,341 Sq Ft
$554/Sq Ft Est. Value

Last Sold May 10, 2018

Last sale price $485,000 $362 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $4,442/month

6 Days on Market

Highlights

  • Guest House
  • No HOA
  • Front Porch
  • Granite Countertops
  • Neighborhood Views
  • Eat-In Kitchen

About This Home

As of May 2018

Great Opportunity to own these two homes that have been fully remodeled in Los Angeles. The front home has 2bed/2baths and the detached back home has 1bed/1bath all of which have been redone with new kitchens w/quartz counter tops, laminate wood flooring, new dual pane windows, new plumbing done throughout homes, new roof, new interior/exterior paint, new fencing, new bathrooms, new fixtures throughout both homes, etc. This property has plenty of parking space with long fenced driveway and separate back entrance through back alley that's also fenced in. This is a great property to live in one and rent the other home to pay your mortgage or for large extended family. Must See !!!

Last Agent to Sell the Property

David Franco

MGR REAL ESTATE, INC. License #01333075 Listed on: 04/04/2018

Last Buyer's Agent

Rhina Franco

Top Producers Realty Partners License #01474029

Top Producers Realty Partners

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1921 | Remodeled

Lot Details

  • 5,129 Sq Ft Lot
  • No Common Walls
  • Fenced
  • New Fence
  • Front Yard Sprinklers
  • Back and Front Yard

Home Design

  • Duplex
  • Raised Foundation
  • Shingle Roof

Interior Spaces

  • 1,341 Sq Ft Home
  • 1-Story Property
  • Recessed Lighting
  • Double Pane Windows
  • Neighborhood Views
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Granite Countertops
  • Quartz Countertops

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 3 Full Bathrooms

Parking

  • Parking Available
  • Driveway
  • Paved Parking
  • Parking Lot

Outdoor Features

  • Patio
  • Front Porch

Additional Homes

  • Guest House

Utilities

  • Cooling Available
  • Wall Furnace

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 200
  • Tax Tract Number 200
  • Assessor Parcel Number 6006007009

Property Details

Home Type

Multi-Family

Year Built

Built in 1921 | Remodeled

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Surface Type: Paved
  • View: Yes
  • Zoning: LAR2
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Duplex
  • Property Type: Residential
  • Parcel Number: 6006007009
  • Year Built: 1921
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1341.00 Square Feet
  • Interior Amenities: Granite Counters, Recessed Lighting
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Laminate, Tile
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Eating Area: Area
  • Levels: One
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 361.67
  • Room Type: All Bedrooms Down, Master Bathroom, Master Bedroom
  • Window Features: Double Pane Windows
  • Room Kitchen Features: Quartz Counters

Exterior Features

  • Patio: Yes
  • Foundation: Raised
  • Other Structures: Guest House
  • View: Neighborhood
  • Fence: Yes
  • Fencing: New Condition
  • Patio And Porch Features: Front Porch
  • Pool Private: No
  • Roof: Shingle

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway, Concrete, Parking Space

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Sprinklers In Front
  • Lot Size Sq Ft: 5129.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 2392.02
  • Tax Lot: 200
  • Tax Tract Number: 200

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2018
Closed on
Apr 16, 2018
Sold by
Cid Perla Marina Del
Bought by
Martinez Cesar Armando Del Cid
Seller's Agent
David Franco
MGR REAL ESTATE, INC.
Buyer's Agent
Rhina Franco
Top Producers Realty Partners
List Price
$479,900
Sold Price
$485,000
Premium/Discount to List
$5,100
1.06%
Current Estimated Value
$742,895

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$257,895
Avg. Annual Appreciation
5.73%
Original Mortgage
$476,215
Outstanding Balance
$410,106
Interest Rate
4.5%
Mortgage Type
FHA
Estimated Equity
$332,789

Purchase Details

Listed on
Apr 4, 2018
Closed on
Apr 10, 2018
Sold by
Legacy Group Investments Llc
Bought by
Martinez Cesar Armando Del Cid
Seller's Agent
David Franco
MGR REAL ESTATE, INC.
Buyer's Agent
Rhina Franco
Top Producers Realty Partners
List Price
$479,900
Sold Price
$485,000
Premium/Discount to List
$5,100
1.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$476,215
Outstanding Balance
$410,106
Interest Rate
4.5%
Mortgage Type
FHA
Estimated Equity
$332,789

Purchase Details

Closed on
Nov 25, 2017
Sold by
Dela Torre Cesar Ovidio and Estate Of Roberto De La Torre
Bought by
Legacy Group Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,025
Interest Rate
3.94%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Martinez Cesar Armando Del Cid -- Chicago Title Company
Martinez Cesar Armando Del Cid $485,000 Chicago Title Company
Legacy Group Investments Llc $270,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martinez Cesar Armando Del Cid $476,215
Previous Owner Legacy Group Investments Llc $290,025
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/10/2018 05/10/18 Sold $485,000 +1.1% $362 / Sq Ft
04/04/2018 04/04/18 For Sale $479,900 -- $358 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $6,726 $551,841 $386,859 $164,982
2024 $6,726 $541,022 $379,274 $161,748
2023 $6,598 $530,415 $371,838 $158,577
2022 $6,291 $520,016 $364,548 $155,468
2021 $6,212 $509,820 $357,400 $152,420
2020 $6,274 $504,594 $353,736 $150,858
2019 $6,027 $494,700 $346,800 $147,900
2018 $4,349 $347,000 $280,000 $67,000
2017 $1,073 $73,530 $45,960 $27,570
2016 $1,036 $72,089 $45,059 $27,030
2015 $1,023 $71,007 $44,383 $26,624
2014 $1,041 $69,617 $43,514 $26,103
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2018

    David Franco

    MGR REAL ESTATE, INC.

    Section Image
  • Rhina Franco

    Buyer's Agent in 2018

    Rhina Franco

    Top Producers Realty Partners

    (323) 997-2376

    54 Total Sales

    Rhina Franco
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV18071720

California Regional Multiple Listing Service (CRMLS)

APN: 6006-007-009

California Los Angeles County Los Angeles 90003 Florence

124 E 60th St, Los Angeles, CA

Not Listed for Sale

MultiFamily

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