NOT LISTED FOR SALE

1258 E 123rd St Los Angeles, CA 90059

Estimated Value: $744,000 - $840,000

4 Beds
3 Baths
1,554 Sq Ft
$503/Sq Ft Est. Value

Last Sold December 27, 2016

Last sale price $420,000 $270 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $4,705/month

Highlights

  • Traditional Architecture
  • Double Pane Windows
  • Living Room
  • Compton Early College Rated 9+
  • Crown Molding
  • Laundry Room

About This Home

As of December 2016

Multiple offers received. This stunning remodeled home has over 1700 square feet of living space (taped) to include GUEST HOME. One enters the entry area that leads to a large living room. There are large picturesque windows throughout. The main house features three bedrooms (one is currently used as a dining room) and two baths. Other amenities include a remodeled kitchen with granite counter tops, new cabinetry, six burner stove with hood. The Master suite is located at the rear of the home and is separate from the other bedrooms for added privacy. Other amenities include central heat, double pane windows, newly installed laminate flooring/carpet, cast iron crawl tub, custom drapes and LARGE family room. The laundry room is just off the family room. The rear GUEST house provides added income (Not under rental stabilization ordinance) and features an open floor plan with separate bedroom and bath. The front yard has a colorful water drought landscaping design. There is easy freeway access to the 110, 105 and 91. This home is a MUST SEE!

Last Agent to Sell the Property

Nancy McSween

COMPASS License #01775649 Listed on: 10/25/2016

COMPASS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,912

Year Built

  • Built in 1945 | Remodeled

Lot Details

  • 5,002 Sq Ft Lot
  • No Common Walls

Parking

  • 4 Car Garage
  • Parking Available
  • Parking Lot

Home Design

  • Traditional Architecture
  • Raised Foundation
  • Slab Foundation
  • Stucco

Interior Spaces

  • Crown Molding
  • Ceiling Fan
  • Double Pane Windows
  • Formal Entry
  • Separate Family Room
  • Living Room
  • Laundry Room

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Range Hood

Flooring

  • Carpet
  • Laminate
  • Tile

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Additional Features

  • Shed
  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 6147001005

Community Details

Overview

  • 2 Units

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,912

Year Built

Built in 1945 | Remodeled

Lot Details

0

Parking

4

Listing Details

  • Inclusions: Armoire in master bedroom
  • Property Attached: No
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: Not Applicable - 1007242
  • Zoning: LCR1YY
  • Architectural Style: Traditional
  • Property Condition: Updated/Remodeled
  • Property Type: Residential Income
  • Parcel Number: 6147001005
  • Year Built: 1945
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Ceiling Fan(s), Crown Molding
  • Common Walls: No Common Walls
  • Flooring: Carpet, Laminate, Tile
  • Appliances: Yes
  • Levels: One
  • Room Type: Formal Entry, Living Room, Master Bedroom, Separate Family Room
  • Window Features: Double Pane Windows

Exterior Features

  • Foundation: Raised, Slab
  • Other Structures: Shed(s)
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Parking Space
  • Total Parking Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Cooktop, Gas Oven, Range Hood
  • Heating Type: Forced Air
  • Laundry Features: Individual Room

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 5002.00
  • Lot Size Acres: 0.1100

Multi Family

  • Average Studio Area: 363 Square Feet
  • Lot Size Area: 5002.0000 Square Feet
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Number With Disposal: 1
  • Number With Refrigerator: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 11, 2020
Sold by
Molina Charles Albert and Molina Rubenia Esperanza
Bought by
Molina Charles Albert
Current Estimated Value
$781,198

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$368,597
Outstanding Balance
$326,499
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$454,699

Purchase Details

Listed on
Oct 25, 2016
Closed on
Dec 21, 2016
Sold by
Molina Carlos
Bought by
Molina Rubenia Esperanza
Seller's Agent
Nancy McSween
COMPASS
List Price
$410,000
Sold Price
$420,000
Premium/Discount to List
$10,000
2.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.30%
Original Mortgage
$402,573
Interest Rate
3.57%
Mortgage Type
FHA

Purchase Details

Listed on
Oct 25, 2016
Closed on
Nov 15, 2016
Sold by
Spencer Vince
Bought by
Molina Charles Albert and Molina Rubenia Esperanza
Seller's Agent
Nancy McSween
COMPASS
List Price
$410,000
Sold Price
$420,000
Premium/Discount to List
$10,000
2.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$402,573
Interest Rate
3.57%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 9, 2015
Sold by
Lee Bernice
Bought by
Spencer Vince

Purchase Details

Closed on
Jun 29, 2007
Sold by
Lee Bernice and The Bernice Lee Revocable Trus
Bought by
Lee Bernice

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$392,000
Interest Rate
8.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 8, 2006
Sold by
Lee Bernice
Bought by
Lee Bernice and Bernice Lee Revocable Trust

Purchase Details

Closed on
Jul 15, 2003
Sold by
Jones Dennenes
Bought by
Lee Bernice

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,800
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 20, 2002
Sold by
Shepard Robert Ernest and Shepard Gloria E
Bought by
Jones Dennene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
8.5%
Source: Public Records

Range of Values:

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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
Molina Charles Albert -- Pacific Coast Title Company
Molina Rubenia Esperanza -- Fidelity National Title Co
Molina Charles Albert $420,000 Fidelity Sherman Oaks
Spencer Vince -- None Available
Lee Bernice -- Ticor Title Company
Lee Bernice -- None Available
Lee Bernice $236,000 --
Jones Dennene -- First American
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Molina Charles Albert $368,597
Closed Molina Charles Albert $402,573
Previous Owner Lee Bernice $392,000
Previous Owner Lee Bernice $188,800
Previous Owner Jones Dennene $110,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/27/2016 12/27/16 Sold $420,000 +2.4% $270 / Sq Ft
11/26/2016 11/26/16 Pending -- -- --
10/25/2016 10/25/16 For Sale $410,000 -- $264 / Sq Ft
Source: Pasadena-Foothills Association of REALTORS®

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 $6,912 $487,439 $208,902 $278,537
2024 $6,912 $477,882 $204,806 $273,076
2023 $6,659 $468,513 $200,791 $267,722
2022 $6,209 $459,327 $196,854 $262,473
2021 $6,324 $450,322 $192,995 $257,327
2020 $6,200 $445,706 $191,017 $254,689
2019 $6,148 $436,968 $187,272 $249,696
2018 $5,989 $428,400 $183,600 $244,800
2016 $4,107 $283,438 $156,133 $127,305
2015 $3,906 $279,181 $153,788 $125,393
2014 $3,843 $273,713 $150,776 $122,937
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P0-316009911

Pasadena-Foothills Association of REALTORS®

APN: 6147-001-005