NOT LISTED FOR SALE

1731 W 120th St Los Angeles, CA 90047

Athens Neighborhood
18 Beds
10 Baths
2,316 Sq Ft
9,191 Sq Ft Lot

Last Sold March 16, 2012

Last sale price $1,275,000 $551 Per Sq Ft

265 Days on Market

About This Home

As of March 2012

Seller May Consider an AITD...We just reduced the price on this 16 Unit apartment complex in the County Strip of Los Angeles. There are 12 2 Bedroom 1 Bath units and 4 1 Bedroom 1 Bath units. At this price enjoy an attractive 8.89 CAP Rate with a 7.20 GRM. Zoning for the site is LCC3 and the lot size is 9,191 square feet. This property is not subject to rent control restrictions. Please do not disturb the tenants. Bring Offers!

Last Agent to Sell the Property

Jerome McAlpin

McAlpin & Company License #00939725 Listed on: 05/25/2011

Last Buyer's Agent

Jerome McAlpin

McAlpin & Company License #00939725 Listed on: 05/25/2011

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1961

Lot Details

  • 9,191

Parking

  • 1 Parking Space

Home Design

  • 2,316 Sq Ft Home

Additional Features

  • 9,191 Sq Ft Lot
  • Central Heating

Community Details

  • 2 Buildings
  • 16 Units

Listing and Financial Details

  • Assessor Parcel Number 6079-022-003

Property Details

Home Type

Multi-Family

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: Yes
  • Living Area: 2316
  • Year Built: 1961
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Price Per S Q F T: 550.52

Exterior Features

  • Pool: No

Garage/Parking

  • Total Parking: 1

Utilities

  • Heating: Central

Lot Info

  • Assessed Improvement Value: 357201
  • Assessed Land Value: 638634
  • Assessor Parcel Number: 6079-022-003
  • Lot Size Area: 9191

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110, 2111, 2112, 2113, 2114, 2115
  • Gross Rent Multiplier: 6.67
  • Number Of Units: 16
  • Total Annual Expense: 59132
  • Type Of Units: Apartments
  • Vacancy Rate: 5%

Range of Values:

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ICE

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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

Property History

Date Event Price Change Sq Ft Price
03/16/2012 03/16/12 Sold $1,275,000 -8.9% $551 / Sq Ft
02/14/2012 02/14/12 Pending -- -- --
05/25/2011 05/25/11 For Sale $1,400,000 -- $604 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Jerome McAlpin

    Seller's Agent in 2012

    Jerome McAlpin

    McAlpin & Company

    (310) 902-8977

    42 Total Sales

    Jerome McAlpin
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Map

Source: The MLS

MLS Number: 11-530181

The MLS
California Los Angeles County Los Angeles 90047 Athens

1731 W 120th St, Los Angeles, CA

This home is located at 1731 W 120th St, Los Angeles, CA 90047 since 25 May 2011. This property was built in 1961. 1731 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.

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