1520 W 121st St Los Angeles, CA 90047
Athens NeighborhoodEstimated Value: $585,000 - $692,998
2
Beds
1
Bath
944
Sq Ft
$690/Sq Ft
Est. Value
Highlights
- No HOA
- Patio
- Laundry Room
- Porch
- Living Room
- Garage
About This Home
As of August 2023Presenting 1520 W 121st St, an exceptional investment opportunity in the thriving city of Los Angeles, in the West Athens neighborhood. This property offers immense potential for investors seeking to capitalize on the robust real estate market. The property's open floor plan provides the perfect canvas for investors to unleash their creativity and transform the space into a masterpiece. With strategic renovations and modern upgrades, investors can create a highly desirable living environment that aligns with current market trends. Additionally, the 7,000 square foot lot offers endless possibilities for creating an outdoor oasis. Located in a sought-after area with easy access to amenities and transportation, this investment opportunity is poised for capital appreciation and attractive rental income. Don't miss out on the chance to unlock the potential of 1520 W 121st St and make your mark in the Los Angeles real estate market.
Last Agent to Sell the Property
Estate Properties License #00972400 Listed on: 07/28/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,264
Year Built
- Built in 1948
Lot Details
- 7,003 Sq Ft Lot
- Back and Front Yard
- Property is zoned LCA1YY
Interior Spaces
- 944 Sq Ft Home
- 1-Story Property
- Living Room
- Fire and Smoke Detector
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- 1 Full Bathroom
Laundry
- Laundry Room
- Laundry Located Outside
Parking
- Garage
- Parking Available
- Driveway Up Slope From Street
Outdoor Features
- Patio
- Exterior Lighting
- Porch
Utilities
- Water Not Available
Community Details
- No Home Owners Association
Listing and Financial Details
- Legal Lot and Block 8 / 83
- Tax Tract Number 6028
- Assessor Parcel Number 6090024008
- $730 per year additional tax assessments
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Dec 19, 2023
Sold by
Jmp Investment Company Llc
Bought by
Hernandez Elmer A Espinoza and Blanco Glenda V
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$492,000
Outstanding Balance
$485,733
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
$165,267
Purchase Details
Listed on
Jul 28, 2023
Closed on
Aug 8, 2023
Sold by
Bear Flag Homes Llc
Bought by
Jmp Investment Company Llc
Seller's Agent
Bill Ruane
Estate Properties
Buyer's Agent
Bill Ruane
Estate Properties
List Price
$550,000
Sold Price
$525,000
Premium/Discount to List
-$25,000
-4.55%
Views
2
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.85%
Original Mortgage
$250,000
Interest Rate
6.78%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jul 28, 2023
Closed on
Aug 3, 2023
Sold by
Blaco Family Revocable Trust
Bought by
Bear Flag Homes Llc
Seller's Agent
Bill Ruane
Estate Properties
Buyer's Agent
Bill Ruane
Estate Properties
List Price
$550,000
Sold Price
$525,000
Premium/Discount to List
-$25,000
-4.55%
Views
2
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.78%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 24, 2013
Sold by
Blaco Stephen K
Bought by
Blaco Steve Kent and Blaco Susan Elizabeth
Purchase Details
Closed on
Sep 23, 1998
Sold by
Blaco Eldon J
Bought by
Blaco Stephen K and Blaco Susan E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
6.42%
Similar Homes in the area
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Hernandez Elmer A Espinoza | $615,000 | Lawyers Title | |
| Jmp Investment Company Llc | $550,000 | Lawyers Title Company | |
| Bear Flag Homes Llc | $525,000 | Chicago Title Company | |
| Blaco Steve Kent | -- | None Available | |
| Blaco Stephen K | -- | Provident Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Hernandez Elmer A Espinoza | $492,000 | |
| Previous Owner | Imp Investments Inc | $250,000 | |
| Previous Owner | Jmp Investment Company Llc | $412,500 | |
| Previous Owner | Blaco Stephen K | $84,000 | |
| Previous Owner | Blaco Stephen K | $60,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/23/2023 08/23/23 | Sold | $525,000 | -4.5% | $556 / Sq Ft |
| 08/14/2023 08/14/23 | For Sale | $550,000 | +4.8% | $583 / Sq Ft |
| 07/28/2023 07/28/23 | Off Market | $525,000 | -- | -- |
| 07/28/2023 07/28/23 | For Sale | $550,000 | -- | $583 / Sq Ft |
| 07/28/2023 07/28/23 | Pending | -- | -- | -- |
| 07/23/2023 07/23/23 | Pending | -- | -- | -- |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $7,264 | $550,000 | $440,000 | $110,000 |
| 2023 | $8,455 | $649,740 | $588,540 | $61,200 |
| 2022 | $1,872 | $99,368 | $66,850 | $32,518 |
| 2021 | $1,854 | $97,421 | $65,540 | $31,881 |
| 2019 | $1,808 | $94,534 | $63,597 | $30,937 |
| 2018 | $1,709 | $92,681 | $62,350 | $30,331 |
| 2016 | $1,637 | $89,084 | $59,930 | $29,154 |
| 2015 | $1,615 | $87,747 | $59,030 | $28,717 |
| 2014 | $1,621 | $86,029 | $57,874 | $28,155 |
Source: Public Records
Agents Affiliated with this Home
-
Bill Ruane
Seller's Agent in 2023
Bill Ruane
RE/MAX
(310) 877-2374
1 in this area
429 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB23125248
APN: 6090-024-008
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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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