$875,000
SOLD SEP 13, 2024

125 S Avenue 60 Los Angeles, CA 90042

3 Beds
2 Baths
1,519 Sq Ft
4,200 Sq Ft Lot

Recently Sold

$576 Per Sq Ft

16 Days on Market

Highlights

  • Craftsman Architecture
  • Bonus Room
  • Laundry Room
  • Attic
  • Open Patio
  • Gated Home

About This Home

As of September 2024

PRIME DOWNTOWN HIGHLAND PARK LOCATION! 2 Houses on a lot with unique COMMERCIAL Zoning (LAC4) Both DELIVERED VACANT! The front house is an updated classic 1903 California Bungalow featuring soaring high Ceilings, Original Wood details, Spacious Rooms, Tile Floors and BONUS attic room. The Backhouse STUDIO (City records show show 1/1) features an updated Kitchen & Bathroom with an adj. private back patio area, perfect for entertaining! Steps to bustling Figueroa Streets Cafes, Shops, Dining & More. Must see to appreciate!

Last Agent to Sell the Property

Michelle Harnsberger

Harnsberger Realty 1924 License #01022378 Listed on: 07/24/2024

Co-Listed By

Daniel Grant

Harnsberger Realty 1924 License #02099639

Last Buyer's Agent

Yefree Montoya

Las Casas Realty, Inc. License #02043895

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,923

Year Built

  • Built in 1903

Lot Details

  • 4,200 Sq Ft Lot
  • West Facing Home
  • Gated Home
  • Property is zoned LAC4

Home Design

  • Craftsman Architecture
  • Raised Foundation
  • Shingle Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,519 Sq Ft Home
  • 1-Story Property
  • Bonus Room
  • Laundry Room
  • Attic

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • Driveway

Utilities

  • Property is located within a water district
  • Gas Water Heater
  • Sewer in Street
  • Cable TV Available

Additional Features

  • Open Patio
  • City Lot

Community Details

  • 2 Units
  • Rent Control

Listing and Financial Details

  • Assessor Parcel Number 5492-024-007

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,923

Year Built

Built in 1903

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: Craftsman
  • Levels: One
  • Street Number Display: Yes
  • ADA Compliant: No
  • Additional Assessor Parcel Numbers: No
  • Alley: No
  • Building Permit: No
  • Entry Location: Ground Level w/steps
  • Living Area: 1519
  • Lot Acreage: 0.0964
  • Probate: No
  • Stories: 1
  • Year Built: 1903
  • Number Of Photos: 9
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Mixed
  • Bedrooms: 3
  • Common Walls: Detached/No Common Walls
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Inside
  • Laundry Equipment: Own
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Cable
  • Price Per S Q F T: 575.71

Exterior Features

  • Direction Faces: West
  • Construction: Stucco
  • Other Structures: None
  • Tennis Court Y/N: No
  • Foundation Details: Raised
  • Patio: Patio Open
  • Paved: Yes
  • Pool: No
  • Roof: Composition, Shingle
  • Spa Yn: No
  • View: No

Garage/Parking

  • Other Spaces: 2
  • Parking Garage: Driveway
  • Total Parking: 2

Utilities

  • TV Svcs: Cable TV
  • Water Heater: Gas
  • Number Water Meters: 1
  • Security: Gated
  • Sewer: In Street, In Street Paid
  • Water: District
  • Water Heaters: Yes

Schools

  • School District: Palos Verdes / LAUSD - Inquire

Lot Info

  • Additions Alterations: No
  • Assessed Improvement Percent: 25.00
  • Assessed Improvement Value: 95650
  • Assessed Land Percent: 75
  • Assessed Land Value: 286975
  • Total Assessed Value: 382625
  • Assessor Parcel Number: 5492-024-007
  • Lot Description: Street Paved, Street Lighting, Yard
  • Lot Location: City
  • Lot Size Area: 4200

Rental Info

  • Land Lease Type: Fee
  • Rent Control: Yes

Multi Family

  • Unit Type: 2106, 2107
  • Number Of Units: 2
  • Rent Control: 100
  • Total Annual Expense: 0
  • Type Of Units: Detached
  • Vacancy Rate: 100

Tax Info

  • Private Transfer Taxes: No

MLS Schools

  • School District: Palos Verdes / LAUSD - Inquire

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 24, 2024
Closed on
Aug 14, 2024
Sold by
Ramos Ubaldo Manuel Mercado
Bought by
Ami Capital Llc
Seller's Agent
Michelle Harnsberger
Harnsberger Realty 1924
Buyer's Agent
Yefree Montoya
Las Casas Realty, Inc.
List Price
$874,500
Sold Price
$875,000
Premium/Discount to List
$500
0.06%
Total Days on Market
16
Views
20

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
69.24%
Original Mortgage
$1,049,625
Outstanding Balance
$269,047
Interest Rate
6.73%
Mortgage Type
Construction
Estimated Equity
$1,113,868

Purchase Details

Closed on
Oct 15, 2003
Sold by
Lopez Jose Luis Mercado and Demercado Martina Ramos
Bought by
Ramos Ubaldo Manuel Mercado
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $875,000 Provident Title
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,049,625 Construction
Previous Owner $30,000 Credit Line Revolving
Previous Owner $40,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/28/2025 07/28/25 For Sale $1,388,888 0.0% $678 / Sq Ft
07/27/2025 07/27/25 Off Market $1,388,888 -- --
06/05/2025 06/05/25 For Sale $1,388,888 +58.7% $678 / Sq Ft
09/13/2024 09/13/24 Sold $875,000 +0.1% $576 / Sq Ft
08/09/2024 08/09/24 Pending -- -- --
07/24/2024 07/24/24 For Sale $874,500 -- $576 / 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
2024 $4,923 $390,277 $292,714 $97,563
2023 $4,830 $382,625 $286,975 $95,650
2022 $4,607 $375,124 $281,349 $93,775
2021 $4,546 $367,770 $275,833 $91,937
2020 $4,589 $364,000 $273,005 $90,995
2019 $4,411 $356,863 $267,652 $89,211
2018 $4,351 $349,866 $262,404 $87,462
2016 $4,148 $336,282 $252,215 $84,067
2015 $4,054 $331,232 $248,427 $82,805
2014 $4,113 $324,744 $243,561 $81,183
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2025

    Andrew Izquierdo

    Las Casas Realty, Inc.

    (626) 688-4035

    9 in this area

    35 Total Sales

    Andrew Izquierdo
    Section Image
  • Michelle Harnsberger

    Seller's Agent in 2024

    Michelle Harnsberger

    Harnsberger Realty 1924

    (323) 257-8142

    11 in this area

    24 Total Sales

    Michelle Harnsberger
    Section Image

  • D

    Seller Co-Listing Agent in 2024

    Daniel Grant

    Harnsberger Realty 1924

    (323) 256-3131

    3 in this area

    4 Total Sales

    Daniel Grant
    Section Image
  • Yefree Montoya

    Buyer's Agent in 2024

    Yefree Montoya

    Las Casas Realty, Inc.

    (818) 808-3966

    5 in this area

    30 Total Sales

    Yefree Montoya
    Section Image
See All Agents

Map

Source: The MLS

MLS Number: 24-419229

The MLS

APN: 5492-024-007

California Los Angeles County Los Angeles 90042

125 S Avenue 60, Los Angeles, CA

This home is located at 125 S Avenue 60, Los Angeles, CA 90042 and is currently priced at $875,000, approximately $576 per square foot. This property was built in 1903. 125 S Avenue 60 is a home located in Los Angeles County with nearby schools including Richard Riordan Primary Center, Garvanza Elementary, and Monte Vista Street Elementary School.

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