NOT LISTED FOR SALE

1602 E 123rd St Unit 2 Los Angeles, CA 90059

Estimated Value: $650,000 - $791,000

3 Beds
2 Baths
1,452 Sq Ft
$486/Sq Ft Est. Value

Last Sold April 25, 2012

Last sale price $157,500 $108 Per Sq Ft

Est. 348% increase in value since last sale

Current estimated payment $4,381/month

299 Days on Market

Highlights

  • Guest House
  • Contemporary Architecture
  • No HOA
  • Compton Early College Rated 9+
  • Private Yard
  • Den

About This Home

As of April 2012

****2 ON A LOT****GUEST HOUSE IN REAR****This home is truly a special great investment property. The front house has 2 bedroom and 2 bath, has a nice large livingroom connected to a large family/dining room. Both rooms are large enough to entertain guest on those special holidays. A unique bathroom that has a sunken tub (a must see). In addition to the large front house, there is income property, the back house has a large livingroom, kitchen and large bedroom that can be divided into two bedrooms with a bathroom. This unit is currently renting for $600.00, but could rent for more. The unit has it own access, the tenant does not need to disturb the front house to access their quarters. Corner lot, being your investors a must see to appreciate.

Last Agent to Sell the Property

Jacqueline Lovest

EXP REALTY OF CALIFORNIA INC License #01478733 Listed on: 05/25/2011

EXP REALTY OF CALIFORNIA INC

Last Buyer's Agent

Jorge Estrada

CRMLS Member Transfer License #01376200

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,021

Year Built

  • Built in 1945

Lot Details

  • 7,118 Sq Ft Lot
  • Chain Link Fence
  • Landscaped
  • Private Yard

Parking

  • 1 Car Garage
  • Parking Available
  • Driveway

Home Design

  • Contemporary Architecture

Interior Spaces

  • 1,452 Sq Ft Home
  • Ceiling Fan
  • Living Room
  • Family or Dining Combination
  • Den
  • Carpet
  • Cooktop

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Kitchen

Additional Features

  • Covered Patio or Porch
  • Guest House
  • Wall Furnace

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 13214
  • Assessor Parcel Number 6147021001

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,021

Year Built

Built in 1945

Lot Details

0

Parking

1

Listing Details

  • Assessments: No
  • Property Attached: No
  • View: No
  • Architectural Style: Contemporary
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 6147021001
  • Year Built: 1945
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1452.00
  • Interior Amenities: Ceiling Fan(s)
  • Flooring: Carpet
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Eating Area: In Family Room
  • Levels: One
  • Price Per Square Foot: 108.47
  • Room Type: Den, Family Room, Living Room

Exterior Features

  • Patio: Yes
  • Other Structures: Guest House
  • Fence: Yes
  • Fencing: Chain Link
  • Patio And Porch Features: Covered, Concrete
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Driveway
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Cooktop
  • Heating Type: Wall Furnace
  • Laundry Features: In Kitchen

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Land Lease Purchase: No
  • Lot Features: Landscaped, Yard
  • Lot Size Sq Ft: 7118.00
  • Lot Size Acres: 0.1600

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7118.0000 Square Feet

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 13214

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2011
Closed on
Mar 28, 2012
Sold by
Valrie James W and The Josephine Flowers Trust
Bought by
Mitchell Rhonda
Seller's Agent
Jacqueline Lovest
EXP REALTY OF CALIFORNIA INC
Buyer's Agent
Jorge Estrada
CRMLS Member Transfer
List Price
$245,000
Sold Price
$157,500
Premium/Discount to List
-$87,500
-35.71%
Current Estimated Value
$705,107

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$547,607
Avg. Annual Appreciation
11.63%

Purchase Details

Closed on
Sep 23, 2003
Sold by
Flowers Josephine and Valrie Paul
Bought by
Flowers Josephine and The Josephine Flowers Trust

Purchase Details

Closed on
Dec 12, 2002
Sold by
Flowers Josephine
Bought by
Flowers Josephine and Valrie Paul
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mitchell Rhonda $157,500 Lawyers Title
Flowers Josephine -- --
Flowers Josephine -- Diversified Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/25/2012 04/25/12 Sold $157,500 -14.9% $108 / Sq Ft
03/19/2012 03/19/12 Pending -- -- --
02/13/2012 02/13/12 Price Changed $185,000 -15.9% $127 / Sq Ft
10/12/2011 10/12/11 Price Changed $220,000 -10.2% $152 / Sq Ft
08/18/2011 08/18/11 Price Changed $245,000 +22.5% $169 / Sq Ft
07/14/2011 07/14/11 Price Changed $200,000 -18.4% $138 / Sq Ft
05/25/2011 05/25/11 For Sale $245,000 -- $169 / 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 $8,021 $611,570 $436,651 $174,919
2024 $7,885 $599,580 $428,090 $171,490
2023 $7,785 $587,825 $419,697 $168,128
2022 $7,226 $576,300 $411,468 $164,832
2021 $2,851 $182,755 $103,040 $79,715
2020 $2,799 $180,882 $101,984 $78,898
2019 $2,773 $177,336 $99,985 $77,351
2018 $2,624 $173,860 $98,025 $75,835
2017 $2,543 $170,452 $96,103 $74,349
2016 $2,480 $167,111 $94,219 $72,892
2015 $2,361 $164,602 $92,804 $71,798
2014 $2,325 $161,379 $90,987 $70,392
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: C11066729

California Regional Multiple Listing Service (CRMLS)

APN: 6147-021-001