1602 E 123rd St Los Angeles, CA 90059
Willowbrook Neighborhood
3
Beds
3
Baths
1,452
Sq Ft
6,970
Sq Ft Lot
About This Home
As of May 2021****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
EXP REALTY OF CALIFORNIA INC License #01478733 Listed on: 05/25/2011
Last Buyer's Agent
Jorge Estrada
CRMLS Member Transfer License #01376200
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,885
Year Built
- Built in 1945
Parking
- 1 Car Garage
Home Design
- 1,452 Sq Ft Home
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Bathrooms
Listing and Financial Details
- Tenant pays for cable TV
- Tax Lot 1
- Tax Tract Number 12314
- Assessor Parcel Number 6147021001
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 2 Units
Building Details
- 2 Leased Units
- 1 Separate Electric Meter
- 1 Separate Gas Meter
- 1 Separate Water Meter
- Gardener Expense $600
- Insurance Expense $900
- Pest Control $390
- Trash Expense $900
- Water Sewer Expense $3,000
- Gross Income $2,000
- Net Operating Income $7,200
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 9, 2021
Closed on
May 12, 2021
Sold by
Garay Leslie
Bought by
Galvan David
Seller's Agent
Randy Russell
Circle Real Estate
Buyer's Agent
Maria Valencia
Think Boutiq Real Estate
List Price
$515,000
Sold Price
$565,000
Premium/Discount to List
$50,000
9.71%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$136,396
Avg. Annual Appreciation
4.47%
Original Mortgage
$536,750
Outstanding Balance
$488,492
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$193,268
Purchase Details
Listed on
Mar 9, 2021
Closed on
May 5, 2021
Sold by
Mitchell Rhonda
Bought by
Garcia Rodolfo and Galvan David
Seller's Agent
Randy Russell
Circle Real Estate
Buyer's Agent
Maria Valencia
Think Boutiq Real Estate
List Price
$515,000
Sold Price
$565,000
Premium/Discount to List
$50,000
9.71%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$536,750
Outstanding Balance
$488,492
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$193,268
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
$200,000
Sold Price
$157,500
Premium/Discount to List
-$42,500
-21.25%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.12%
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
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
5.76%
Mortgage Type
Unknown
Similar Home in Los Angeles, CA
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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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | Chicago Title Company | |
| Deed | -- | Chicago Title | |
| Grant Deed | $565,000 | Chicago Title | |
| Grant Deed | $157,500 | Lawyers Title | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | Diversified Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $536,750 | New Conventional | |
| Closed | $536,750 | New Conventional | |
| Previous Owner | $113,000 | Unknown | |
| Previous Owner | $111,200 | Unknown | |
| Previous Owner | $9,880 | Unknown |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/20/2021 05/20/21 | Sold | $565,000 | 0.0% | $389 / Sq Ft |
| 04/19/2021 04/19/21 | Pending | -- | -- | -- |
| 03/22/2021 03/22/21 | Off Market | $565,000 | -- | -- |
| 03/22/2021 03/22/21 | Pending | -- | -- | -- |
| 03/09/2021 03/09/21 | For Sale | $515,000 | +227.0% | $355 / Sq Ft |
| 04/25/2012 04/25/12 | Sold | $157,500 | -21.3% | $108 / Sq Ft |
| 03/19/2012 03/19/12 | Pending | -- | -- | -- |
| 05/25/2011 05/25/11 | For Sale | $200,000 | -- | $138 / Sq Ft |
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 |
|---|---|---|---|---|
| 2025 | $7,885 | $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
-
Randy Russell
Seller's Agent in 2021
Randy Russell
Circle Real Estate
(323) 608-5464
2 in this area
15 Total Sales
-
Adam Loria
Seller Co-Listing Agent in 2021
Adam Loria
Circle Real Estate
(310) 974-2323
2 in this area
26 Total Sales
-
Maria Valencia
Buyer's Agent in 2021
Maria Valencia
Think Boutiq Real Estate
(714) 376-6947
1 in this area
26 Total Sales
-
Jacqueline Lovest
Seller's Agent in 2012
Jacqueline Lovest
EXP REALTY OF CALIFORNIA INC
(626) 394-1000
11 Total Sales
-
J
Buyer's Agent in 2012
Jorge Estrada
CRMLS Member Transfer
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: C11095888
APN: 6147-021-001
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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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