NOT LISTED FOR SALE

Estimated Value: $622,000 - $713,753

2 Beds
1 Bath
944 Sq Ft
$697/Sq Ft Est. Value

Last Sold August 23, 2023

Last sale price $525,000 $556 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $4,131/month

Highlights

  • No HOA
  • Patio
  • Laundry Room
  • Porch
  • Living Room
  • Garage

About This Home

As of August 2023

Presenting 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

Bill Ruane

Estate Properties License #00972400 Listed on: 07/28/2023

Estate Properties

Last Buyer's Agent

Bill Ruane

Estate Properties License #00972400 Listed on: 07/28/2023

Estate Properties

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,264

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Structure Type: House
  • Assessments: No
  • Other Phone Description: Office
  • Property Attached: No
  • Security: Smoke Detector(s)
  • View: No
  • Zoning: LCA1YY
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 6090024008
  • Year Built: 1948
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 944.00 Square Feet
  • Stories: 1
  • Entry Location: Front
  • Common Walls: No Common Walls
  • Appliances: No
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 556.14
  • Room Type: All Bedrooms Down, Kitchen, Living Room, Master Bedroom

Exterior Features

  • Patio: Yes
  • Patio And Porch Features: Porch
  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway, Concrete, Driveway Up Slope From Street, Garage

Utilities

  • Laundry: Yes
  • Laundry Features: Outside
  • Sewer: Public Sewer
  • Water Source: None, Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Land Lease Purchase: No
  • Lot Features: Back Yard, Front Yard
  • Lot Size Sq Ft: 7003.00
  • Lot Size Acres: 0.1608

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7003.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 83
  • Tax Census Tract: 6028.02
  • Tax Lot: 8
  • Tax Tract Number: 6028
  • TaxOtherAnnualAssessmentAmount: 730.00

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
$644,088

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
$483,968
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
$174,221

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
12.10%
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%
Source: Public Records

Range of Values:

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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
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

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 $7,264 $627,300 $511,734 $115,566
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

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB23125248

California Regional Multiple Listing Service (CRMLS)

APN: 6090-024-008