NOT LISTED FOR SALE

1303 E 120th St Los Angeles, CA 90059

Estimated Value: $658,000 - $784,000

2 Beds
1 Bath
1,627 Sq Ft
$452/Sq Ft Est. Value

Last Sold April 12, 2016

Last sale price $375,000 $230 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $4,399/month

23 Days on Market

Highlights

  • No HOA
  • Compton Early College Rated 9+
  • Front Yard

About This Home

As of April 2016

***DUPLEX***DUPLEX****DUPLEX*** Great Opportunity for First Time Buyers, Live in one, Rent the other Help yourself with Mortgage.
Expansion Potential Opportunity to built Over 10,000.-sq ft Corner Lot.

Last Agent to Sell the Property

VICTORIA VALDEZ

DYNASTY REAL ESTATE License #01430683 Listed on: 02/14/2016

Last Buyer's Agent

Ruben Leon

Flex Investments License #01805500

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1946

Lot Details

  • 10,262 Sq Ft Lot
  • No Common Walls
  • Front Yard

Parking

  • 8 Car Garage

Home Design

  • 1,627 Sq Ft Home

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Utilities

  • Sewer Paid

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 13228
  • Assessor Parcel Number 6148013016

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $960
  • Trash Expense $760
  • New Taxes Expense $3,672
  • Gross Income $2,400
  • Net Operating Income $42,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1946

Lot Details

0

Parking

8

Listing Details

  • Assessments: Yes
  • Ad Number: 909-560-5999
  • Property Attached: No
  • Property Type: Residential Income
  • Parcel Number: 6148013016
  • Year Built: 1946
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 230.49

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 8.00
  • Total Parking Spaces: 16.00

Utilities

  • Utilities: Sewer Connected
  • Sewer: Sewer Paid
  • Trash Expense: 760.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Lot Features: Front Yard
  • Lot Size Sq Ft: 10262.00
  • Price Per Lot Square Foot: 36.54
  • Lot Size Acres: 0.2360

Multi Family

  • Gross Income: 2400.00
  • Gross Scheduled Income: 48000.00
  • Insurance Expense: 960.00
  • Lot Size Area: 10262.0000 Square Feet
  • Net Operating Income: 42000.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 6000.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 3672.00
  • Tax Lot: 1
  • Tax Tract Number: 13228

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 10, 2022
Sold by
Alonso Flores Angelica M
Bought by
Flores Angelica M Alonso and Alvarado Ramiro
Current Estimated Value
$734,652

Purchase Details

Listed on
Feb 14, 2016
Closed on
Mar 11, 2016
Sold by
Diaz Fermina and Diaz Jose Luis
Bought by
Alonso Angelica M and Alvarado Ramino
Seller's Agent
VICTORIA VALDEZ
DYNASTY REAL ESTATE
Buyer's Agent
Ruben Leon
Flex Investments
List Price
$370,000
Sold Price
$375,000
Premium/Discount to List
$5,000
1.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.21%
Original Mortgage
$368,207
Interest Rate
3.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 18, 2015
Sold by
Diaz Fermina
Bought by
Diaz Fermina and Diaz Jose Luis

Purchase Details

Closed on
Aug 24, 2012
Sold by
Diaz Jose Luis
Bought by
Diaz Fermina

Purchase Details

Closed on
Jun 23, 2010
Sold by
Lozano Mario E and De La Rosa Mauro
Bought by
Diaz Jose Luis

Purchase Details

Closed on
May 25, 2010
Sold by
Dela Rosa Eusebia
Bought by
Dela Rosa Mauro E

Purchase Details

Closed on
Mar 10, 2010
Sold by
Diaz Jose Luis
Bought by
Lozano Mario E and Delarosa Mauro E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,924
Interest Rate
5.25%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 13, 2006
Sold by
W R T Investments Inc
Bought by
Diaz Jose Luis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,000
Interest Rate
6.76%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Apr 25, 2006
Sold by
Rosales Teresa
Bought by
Rosales Werner

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,600
Interest Rate
7.62%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jun 26, 2003
Sold by
Blakenship Sharon
Bought by
Blankenship Devon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,000
Interest Rate
5.22%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 26, 2001
Sold by
Household Finance Corp Of California
Bought by
Blankenship Devon and Blankenship Sharon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
8.25%

Purchase Details

Closed on
Jul 27, 2001
Sold by
Blackburn Charles and Blackburn Neal
Bought by
Household Finance Corp Of California

Purchase Details

Closed on
May 30, 1998
Sold by
Blackburn Charles
Bought by
Blackburn Charles and Blackburn Neal

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,400
Interest Rate
9.49%

Purchase Details

Closed on
Jun 28, 1997
Sold by
Blackburn Neal
Bought by
Blackburn Charles

Purchase Details

Closed on
Jan 18, 1996
Sold by
Transamerica Financial Services
Bought by
Blackburn Charles and Blackburn Neal

Purchase Details

Closed on
Aug 1, 1995
Sold by
Sampson Janet and Transamerica Financial Service
Bought by
Transamerica Financial Services

Purchase Details

Closed on
Apr 4, 1995
Sold by
Sampson Janet and South Coast Funding
Bought by
South Coast Funding

Purchase Details

Closed on
Jun 17, 1994
Sold by
Sampson Lee O
Bought by
Sampson Janet

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,830
Interest Rate
8.8%

Purchase Details

Closed on
Oct 5, 1993
Sold by
Sampson Lee
Bought by
Sampson Lee O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
6.98%

Purchase Details

Closed on
Sep 27, 1993
Sold by
Sampson Janet M
Bought by
Sampson Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
6.98%

Purchase Details

Closed on
Sep 17, 1993
Sold by
Easter Evalena and Easter Evelina
Bought by
Sampson Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
6.98%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Flores Angelica M Alonso -- --
Alonso Angelica M $375,000 Title 365
Diaz Fermina -- None Available
Diaz Fermina -- None Available
Diaz Jose Luis -- None Available
Dela Rosa Mauro E -- Stewart Title
Lozano Mario E -- Stewart Title
Lozano Mario E $225,000 Stewart Title
Diaz Jose Luis $565,000 Southland Title
Wrt Investments Inc -- Southland Title
Rosales Werner -- Southland Title Corporation
Rosales Werner $422,000 Southland Title Company
Blankenship Devon -- Commonwealth Land Title Co
Blankenship Devon $145,000 Orange Coast Title
Household Finance Corp Of California $145,700 American Title
Blackburn Charles -- California Counties Title Co
Blackburn Charles -- --
Blackburn Charles $135,000 First American
Transamerica Financial Services $132,849 First American Title Ins Co
South Coast Funding $10,909 Stewart Title
Sampson Janet -- Fidelity National Title
Sampson Lee O -- Fidelity National Title Insu
Sampson Lee -- Fidelity National Title
Sampson Lee -- Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Alonso Angelica M $368,207
Previous Owner Lozano Mario E $220,924
Previous Owner Diaz Jose Luis $113,000
Previous Owner Wrt Investments Inc $452,000
Previous Owner Rosales Werner $337,600
Previous Owner Rosales Werner $63,300
Previous Owner Blankenship Devon $189,000
Previous Owner Blankenship Devon $120,000
Previous Owner Blackburn Charles $146,400
Previous Owner Sampson Janet $117,830
Previous Owner Sampson Lee O $90,000
Closed Sampson Janet $6,854
Closed Blankenship Devon $22,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/12/2016 04/12/16 Sold $375,000 +1.4% $230 / Sq Ft
03/08/2016 03/08/16 Pending -- -- --
02/14/2016 02/14/16 For Sale $370,000 -- $227 / 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 $6,552 $443,916 $284,107 $159,809
2024 $6,552 $435,213 $278,537 $156,676
2023 $6,305 $426,680 $273,076 $153,604
2022 $5,895 $418,315 $267,722 $150,593
2021 $6,000 $410,114 $262,473 $147,641
2019 $5,838 $397,952 $254,689 $143,263
2018 $5,550 $390,150 $249,696 $140,454
2016 $3,867 $253,245 $119,047 $134,198
2015 $3,683 $249,442 $117,259 $132,183
2014 $3,631 $244,557 $114,963 $129,594
Source: Public Records

Agents Affiliated with this Home

  • V

    Seller's Agent in 2016

    VICTORIA VALDEZ

    DYNASTY REAL ESTATE

    Section Image
  • Ruben Leon

    Buyer's Agent in 2016

    Ruben Leon

    Flex Investments

    (323) 806-4116

    12 Total Sales

    Ruben Leon
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV16033298

California Regional Multiple Listing Service (CRMLS)

APN: 6148-013-016

California Los Angeles County Los Angeles 90059

1303 E 120th St, Los Angeles, CA

Not Listed for Sale

MultiFamily

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