NOT LISTED FOR SALE

128 E 121st St Los Angeles, CA 90061

Estimated Value: $786,000 - $1,022,000

3 Beds
1.5 Baths
1,000 Sq Ft
$904/Sq Ft Est. Value

Last Sold January 12, 2023

Last sale price $775,000 $775 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $5,722/month

Highlights

  • Traditional Architecture
  • Lawn
  • Neighborhood Views
  • Granite Countertops
  • No HOA
  • Eat-In Kitchen

About This Home

As of August 2023

Spacious 3-bedroom/1.5 bath house with interior laundry hookups, ceiling fans, parking, and side yard. Freshly painted with newer laminate flooring throughout. Gas stove is provided but will not be maintained by owner. Section 8 program is welcome.

Last Agent to Rent the Property

Brandy Adair

Keller Williams Coastal Prop. License #01321232 Listed on: 06/03/2023

Keller Williams Coastal Prop.

Last Renter's Agent

Brandy Adair

Keller Williams Coastal Prop. License #01321232 Listed on: 06/03/2023

Keller Williams Coastal Prop.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,325

Year Built

  • Built in 1964

Lot Details

  • 8,866 Sq Ft Lot
  • No Common Walls
  • Block Wall Fence
  • Lawn
  • Front Yard

Home Design

  • Triplex
  • Traditional Architecture
  • Entry on the 1st floor
  • Composition Roof

Interior Spaces

  • 1,000 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Laminate Flooring
  • Neighborhood Views

Kitchen

  • Eat-In Kitchen
  • Gas Range
  • Granite Countertops

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Bathtub

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Parking

  • Parking Available
  • Driveway

Utilities

  • Central Heating
  • Natural Gas Connected
  • Cable TV Available

Additional Features

  • Patio
  • Urban Location

Listing and Financial Details

  • Security Deposit $3,000
  • 12-Month Minimum Lease Term
  • Available 6/3/23
  • Tax Lot 23
  • Tax Tract Number 1
  • Assessor Parcel Number 6086003010

Community Details

Overview

  • No Home Owners Association

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,325

Year Built

Built in 1964

Lot Details

0

Rental Info

  • Cashiers Check: 1ST Month Rent, Security Deposit
  • Available Date: 2023-06-03
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Security: 3000
  • Furnished: Unfurnished
  • Pets Allowed: Call

Listing Details

  • Structure Type: Triplex
  • Property Attached: No
  • View: Yes
  • Zoning: LCR2*
  • Architectural Style: Traditional
  • Property Sub Type: Triplex
  • Property Type: Residential Lease
  • Parcel Number: 6086003010
  • Year Built: 1964
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1000.00 Square Feet
  • Interior Amenities: Ceiling Fan(s), Granite Counters
  • Stories: 1
  • Entry Location: Front
  • Common Walls: No Common Walls
  • Flooring: Laminate
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: In Kitchen
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 2.60
  • Room Type: All Bedrooms Down, Laundry
  • Bathroom Features: Bathtub
  • Room Kitchen Features: Granite Counters

Exterior Features

  • Patio: Yes
  • View: Neighborhood
  • Fence: Yes
  • Fencing: Block
  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Range
  • Electric: Standard
  • Heating Type: Central
  • Laundry Features: Gas Dryer Hookup, Inside, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Urban

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Lot Features: Front Yard, Lawn
  • Lot Size Sq Ft: 8866.00
  • Lot Size Acres: 0.2035

Multi Family

  • Insurance Water Furniture: Yes
  • Lease Term: 12 Months
  • Lot Size Area: 8866.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 5409.01
  • Tax Lot: 23
  • Tax Tract Number: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 16, 2024
Sold by
Berhe Tesfa-Alem Yitabarek and Yohannes Selamawit
Bought by
Berhe-Yohannes Family Trust and Berhe
Current Estimated Value
$903,913

Purchase Details

Listed on
Nov 14, 2022
Closed on
Dec 6, 2022
Sold by
Tah 2018-1 Borrower Llc
Bought by
Berhe Tesfa-Alem Yitbarek and Yohannes Selamawit
Seller's Agent
Joyce Essex Harvey
Coldwell Banker Realty
Buyer's Agent
Margaret DeCuir
Keytime Realty
List Price
$759,900
Sold Price
$775,000
Premium/Discount to List
$15,100
1.99%
Views
56

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.71%
Original Mortgage
$400,000
Interest Rate
6.49%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 18, 2018
Sold by
Tah 2015 1 Borrower Llc
Bought by
Tah 2018 1 Borrower Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$339,965,000
Interest Rate
4.45%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 28, 2015
Sold by
Turnstone Holding I Lp
Bought by
Turnstone Holding I Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,274,000
Interest Rate
3.77%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 12, 2015
Sold by
Turnstone Holding I Lp
Bought by
Tah 2015-1 Borrower Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,274,000
Interest Rate
3.77%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 21, 2014
Sold by
Draughan Orville
Bought by
Turnsone Holding I Lp

Purchase Details

Closed on
Jan 16, 2014
Sold by
Draughan Lennie Jean
Bought by
Draughan Orville

Purchase Details

Closed on
Sep 17, 2008
Sold by
Draughan Caldonia
Bought by
Draughan Caldonia and Draughan Orville
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
Berhe-Yohannes Family Trust -- None Listed On Document
Berhe Tesfa-Alem Yitabarek -- None Listed On Document
Berhe Tesfa-Alem Yitbarek $775,000 Lawyers Title Company
Tah 2018 1 Borrower Llc -- Os National Llc
Turnstone Holding I Lp -- Fatco
Tah 2015-1 Borrower Llc -- Fidelity Natl Title Group
Turnsone Holding I Lp $369,000 Chicago Title Company
Draughan Orville -- Chicago Title Company
Draughan Caldonia -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Berhe Tesfa-Alem Yitbarek $400,000
Previous Owner Tah 2018 1 Borrower Llc $339,965,000
Previous Owner Tah 2015-1 Borrower Llc $380,274,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/18/2023 08/18/23 Rented $2,595 -13.5% --
06/03/2023 06/03/23 For Rent $3,000 0.0% --
01/12/2023 01/12/23 Sold $775,000 +2.0% $254 / Sq Ft View Prior Sale
12/01/2022 12/01/22 Pending -- -- --
11/14/2022 11/14/22 For Sale $759,900 0.0% $249 / Sq Ft
10/21/2014 10/21/14 Rented $1,595 0.0% --
10/21/2014 10/21/14 For Rent $1,595 0.0% --
04/30/2014 04/30/14 Sold $369,000 0.0% $121 / Sq Ft View Prior Sale
01/11/2014 01/11/14 Pending -- -- --
01/07/2014 01/07/14 For Sale $369,000 -- $121 / 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 $11,325 $806,310 $468,180 $338,130
2024 $11,325 $790,500 $459,000 $331,500
2023 $6,845 $434,768 $282,777 $151,991
2022 $6,564 $426,244 $277,233 $149,011
2021 $6,482 $417,888 $271,798 $146,090
2020 $6,522 $413,605 $269,012 $144,593
2019 $6,304 $397,555 $258,573 $138,982
2018 $6,031 $389,760 $253,503 $136,257
2016 $5,771 $374,627 $243,660 $130,967
2015 $5,775 $376,372 $244,795 $131,577
2014 -- $60,956 $10,977 $49,979
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW23097823

California Regional Multiple Listing Service (CRMLS)

APN: 6086-003-010