NOT LISTED FOR SALE

1730 W 120th St Los Angeles, CA 90047

Athens Neighborhood

Estimated Value: $921,000 - $939,000

7 Beds
4 Baths
3,146 Sq Ft
$296/Sq Ft Est. Value

Last Sold March 07, 2017

Last sale price $590,000 $188 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $5,888/month

13 Days on Market

Highlights

  • Property is near public transit
  • 2 Car Garage
  • Brick Fence
  • 1 Detached Carport Space

About This Home

As of March 2017

INVESTORS! Tremendous Income Investment! Property needs repairs and TLC.
Located just 6 miles from LAX – 3 miles from the soon-to-be new Los Angeles RAMS Stadium and within walking distance to Chester Washington Golf Course, Los Angeles Southwest College, newly built Sheriff’s Station, Food 4 Less grocery store, Gas Stations; along with other shopping, restaurants and LA County Service Buildings. Area experiencing tremendous changes and growth.
Great Triplex centrally located. It is perfect for an Investor or Owner who wants to live in the front house while having the back units produce income to offset some expenses. The house in the front is separate from the units in the back for added privacy. The house has three bedrooms and one and a half bath. The two income units have 2/bedrooms and 1 bath each. Long driveway for convenient parking. This property has great long-term income potential.

Last Agent to Sell the Property

ANGELIA MYLES-PILCHER

HOMEQUEST REAL ESTATE License #01935112 Listed on: 10/04/2016

Co-Listed By

ANDREW PILCHER

HOMEQUEST REAL ESTATE License #01243389

Last Buyer's Agent

Casonya Johnson

The Realestate Group License #01828307

The Realestate Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,723

Year Built

  • Built in 1916

Lot Details

  • 7,007 Sq Ft Lot
  • No Common Walls
  • Brick Fence
  • Chain Link Fence

Parking

  • 2 Car Garage
  • 1 Detached Carport Space
  • Parking Available
  • Driveway

Home Design

  • 3,146 Sq Ft Home

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Bathrooms

Utilities

  • Natural Gas Connected
  • Cable TV Available

Additional Features

  • Exterior Lighting
  • Property is near public transit

Listing and Financial Details

  • Tenant pays for all utilities, cable TV
  • Tax Lot 7
  • Tax Tract Number 6090
  • Assessor Parcel Number 6090029006

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,100
  • Trash Expense $531
  • Water Sewer Expense $151
  • New Taxes Expense $4,140
  • Operating Expense $5,771
  • Gross Income $43,200
  • Net Operating Income $37,429

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,723

Year Built

Built in 1916

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Water Sewer Expenses: 151.00
  • Zoning: LCC3*
  • Property Type: Residential Income
  • Parcel Number: 6090029006
  • Year Built: 1916
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 187.54

Exterior Features

  • Fence: Yes
  • Fencing: Brick, Chain Link
  • Pool Private: No

Garage/Parking

  • Carport Spaces: 1.00
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Carport, Detached Carport, Driveway, Concrete, Garage
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Cable Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
  • Sewer: Public Sewer
  • Trash Expense: 531.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 6500-9999, Near Public Transit
  • Lot Size Sq Ft: 7007.00

Rental Info

  • Tenant Pays: All Utilities, Cable TV

Multi Family

  • Gross Income: 43200.00
  • Gross Scheduled Income: 43200.00
  • Insurance Expense: 1100.00
  • Net Operating Income: 37429.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 5771.00
  • Rent Control: No
  • Total Expenses: 5771.00

Tax Info

  • New Taxes Expense: 4140.00
  • Tax Census Tract: 6028.02
  • Tax Lot: 7
  • Tax Tract Number: 6090-0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 20, 2016
Sold by
Green Ada Alvern
Bought by
Samuels Sharet
Current Estimated Value
$932,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$637,244
Interest Rate
4.62%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Samuels Sharet $590,000 Landwood Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Samuels Sharet $93,908
Previous Owner Samuels Sharet $637,244
Previous Owner Green Ada Alvern $544,185
Previous Owner Green Ada Alvern $154,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/07/2017 03/07/17 Sold $590,000 -4.8% $188 / Sq Ft
11/01/2016 11/01/16 For Sale $620,000 0.0% $197 / Sq Ft
10/17/2016 10/17/16 Pending -- -- --
10/16/2016 10/16/16 Pending -- -- --
10/04/2016 10/04/16 For Sale $620,000 -- $197 / 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 $9,723 $684,740 $336,567 $348,173
2024 $9,723 $671,315 $329,968 $341,347
2023 $9,313 $658,153 $323,499 $334,654
2022 $8,902 $645,249 $317,156 $328,093
2021 $8,807 $632,598 $310,938 $321,660
2020 $8,870 $626,112 $307,750 $318,362
2019 $8,549 $613,836 $301,716 $312,120
2018 $8,403 $601,800 $295,800 $306,000
2016 $4,198 $252,308 $126,154 $126,154
2015 $4,140 $248,520 $124,260 $124,260
2014 $4,150 $243,652 $121,826 $121,826
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2017

    ANGELIA MYLES-PILCHER

    HOMEQUEST REAL ESTATE

  • A

    Seller Co-Listing Agent in 2017

    ANDREW PILCHER

    HOMEQUEST REAL ESTATE

  • Casonya Johnson

    Buyer's Agent in 2017

    Casonya Johnson

    The Realestate Group

    (310) 678-1187

    1 Total Sale

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV16718967

California Regional Multiple Listing Service (CRMLS)

APN: 6090-029-006

California Los Angeles County Los Angeles 90047 Athens

1730 W 120th St, Los Angeles, CA

This home is located at 1730 W 120th St, Los Angeles, CA 90047 since 04 October 2016 and is currently estimated at $932,000, approximately $296 per square foot. This property was built in 1916. 1730 W 120th St is a home located in Los Angeles County with nearby schools including West Athens Elementary School, George Washington Preparatory High School, and Animo South Los Angeles Charter School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) 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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