NOT LISTED FOR SALE

1240 W 109th St Los Angeles, CA 90044

Westmont Neighborhood

Estimated Value: $698,000 - $770,000

3 Beds
2 Baths
1,396 Sq Ft
$525/Sq Ft Est. Value

Last Sold December 22, 2015

Last sale price $340,000 $244 Per Sq Ft

Est. 115% increase in value since last sale

Current estimated payment $4,484/month

47 Days on Market

About This Home

As of December 2015

Back on the market! Property just reduced for quick sell! 2 Separate buildings. Duplex! I Single family house upfront and an apartment units in the back. Front house has a Living room,dining room and a den with 2 bedrooms and 1 bath and the apartment has 2 1 bedroom units. Big backyard. This complex is Sold As is with tenants therein. Seller is selling "as is" status. Buyer and buyer Agents to do their due investigations. Building is a duplex but Seller bought it with 3 total units. Great cash flow opportunity!

Last Agent to Sell the Property

Gerry Nicks

Keller Williams South Bay License #01798836 Listed on: 10/23/2015

Keller Williams South Bay

Last Buyer's Agent

Jorge Lara

E Real Estate Corp. License #01366576

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,918

Year Built

  • Built in 1938

Lot Details

  • 7,956 Sq Ft Lot
  • No Common Walls

Parking

  • 2 Car Garage

Interior Spaces

  • 1,396 Sq Ft Home
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • Den with Fireplace

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Septic Type Unknown

Listing and Financial Details

  • Tax Lot 110
  • Tax Tract Number 1325
  • Assessor Parcel Number 6076007015

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • Gross Income $2,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,918

Year Built

Built in 1938

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Road Surface Type: Not Maintained, Paved
  • Property Type: Residential Income
  • Parcel Number: 6076007015
  • Year Built: 1938
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Common Walls: No Common Walls
  • Fireplace Features: Den, Dining Room, Living Room
  • Price Per Square Foot: 243.55

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 6.00

Utilities

  • Heating: Yes
  • Heating Type: Wall Furnace
  • Sewer: Unknown
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Community Features: Sidewalks

Lot Info

  • Lot Size Sq Ft: 7956.00
  • Price Per Lot Square Foot: 42.74
  • Lot Size Acres: 0.1830

Multi Family

  • Gross Income: 2400.00
  • Gross Scheduled Income: 2400.00
  • Lot Size Area: 7956.0000 Square Feet
  • Number Of Units Total: 3
  • Rent Control: No

Tax Info

  • Tax Lot: 110
  • Tax Tract Number: 1325

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 16, 2015
Sold by
Morgan Cleveland and Kerley Brenda
Bought by
Garcia Adolfo
Current Estimated Value
$732,457

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$333,841
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 12, 2008
Sold by
Kerley Brenda
Bought by
Morgan Cleveland and Kerley Brenda

Purchase Details

Closed on
Aug 8, 2007
Sold by
Kerley Brenda
Bought by
Kerley Brenda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
6.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 5, 2006
Sold by
Kerley Dorothy
Bought by
Kerley Brenda
Source: Public Records

Range of Values:

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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
Garcia Adolfo $340,000 Provident Title Company
Morgan Cleveland -- None Available
Kerley Brenda -- Commonwealth Land Title Co
Kerley Brenda -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garcia Adolfo $385,000
Previous Owner Garcia Adolfo $333,841
Previous Owner Kerley Brenda $220,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/22/2015 12/22/15 Sold $340,000 0.0% $244 / Sq Ft
10/27/2015 10/27/15 Pending -- -- --
09/10/2015 09/10/15 For Sale $340,000 -- $244 / 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 $5,918 $402,486 $295,947 $106,539
2024 $5,918 $394,595 $290,145 $104,450
2023 $5,656 $386,858 $284,456 $102,402
2022 $5,412 $379,274 $278,879 $100,395
2021 $5,356 $371,838 $273,411 $98,427
2020 $5,393 $368,026 $270,608 $97,418
2019 $5,203 $360,810 $265,302 $95,508
2018 $5,089 $353,736 $260,100 $93,636
2016 $4,884 $340,000 $250,000 $90,000
2015 $2,852 $167,197 $89,174 $78,023
2014 $2,861 $163,923 $87,428 $76,495
Source: Public Records

Agents Affiliated with this Home

  • Gerry Nicks

    Seller's Agent in 2015

    Gerry Nicks

    Keller Williams South Bay

    (310) 701-5332

    1 in this area

    169 Total Sales

    Section Image
  • Jorge Lara

    Buyer's Agent in 2015

    Jorge Lara

    E Real Estate Corp.

    (310) 505-0504

    36 Total Sales

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB15200658

California Regional Multiple Listing Service (CRMLS)

APN: 6076-007-015

California Los Angeles County Los Angeles 90044 Westmont

1240 W 109th St, Los Angeles, CA

This home is located at 1240 W 109th St, Los Angeles, CA 90044 since 23 October 2015 and is currently estimated at $732,457, approximately $524 per square foot. This property was built in 1938. 1240 W 109th St is a home located in Los Angeles County with nearby schools including Woodcrest Elementary School, George Washington Preparatory High School, and Animo South Los Angeles Charter School.

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California Regional Multiple Listing Service (CRMLS) 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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