NOT LISTED FOR SALE

2132 E 120th St Los Angeles, CA 90059

Estimated Value: $622,000 - $903,000

6 Beds
3 Baths
2,519 Sq Ft
$311/Sq Ft Est. Value

Last Sold May 10, 2013

Last sale price $250,000 $99 Per Sq Ft

Est. 210% increase in value since last sale

Current estimated payment $4,484/month

60 Days on Market

Highlights

  • 0.26 Acre Lot
  • No Heating
  • 4-minute walk to Faith And Hope Park

About This Home

As of May 2013

Great Buy!Investors looking to hold this property has positive cashflow!Huge Lot with potential.Property is fully occupied.

Last Agent to Sell the Property

Jim Peys

Terra Firma Properties Inc. License #01804304 Listed on: 03/28/2013

Last Buyer's Agent

Alba del Cid

Mega Real Estate Advisors License #01752313

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1928

Lot Details

  • 0.26

Home Design

  • 2,519 Sq Ft Home
  • Shingle Roof
  • Stucco

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Parking

  • 6 Parking Spaces
  • Driveway

Additional Features

  • 0.26 Acre Lot
  • No Heating

Listing and Financial Details

  • Tax Lot 225
  • Assessor Parcel Number 6150024023

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Gross Income $2,552

Property Details

Home Type

Multi-Family

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Assessments: No
  • View: No
  • Property Type: Residential Income
  • Parcel Number: 6150024023
  • Year Built: 1928
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Appliances: No
  • Price Per Square Foot: 99.25

Exterior Features

  • Pool Private: No
  • Roof: Shingle
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Parking: No
  • Parking Features: Driveway
  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Sewer Connected
  • Heating: No
  • Laundry: No
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 11339.00
  • Lot Size Acres: 0.2600

Multi Family

  • Gross Income: 2552.00
  • Gross Multiplier: 8.49
  • Gross Scheduled Income: 30624.00
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2

Tax Info

  • Tax Area: 9748
  • Tax Lot: 225

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 22, 2013
Sold by
Watts Labor Community Action Committee
Bought by
Brown Richard
Current Estimated Value
$775,284

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,750
Interest Rate
3.51%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Brown Richard $253,000 Fatcola
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Brown Richard $189,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/10/2013 05/10/13 Sold $250,000 -3.8% $99 / Sq Ft
01/03/2013 01/03/13 Pending -- -- --
11/04/2012 11/04/12 For Sale $260,000 -- $103 / 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 $5,068 $311,539 $221,651 $89,888
2024 $5,068 $305,431 $217,305 $88,126
2023 $4,842 $299,444 $213,045 $86,399
2022 $4,549 $293,573 $208,868 $84,705
2021 $4,610 $287,818 $204,773 $83,045
2020 $4,528 $284,868 $202,674 $82,194
2019 $4,492 $279,283 $198,700 $80,583
2018 $4,257 $273,807 $194,804 $79,003
2016 $4,032 $263,177 $187,241 $75,936
2015 $3,841 $259,225 $184,429 $74,796
2014 $3,787 $254,148 $180,817 $73,331
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2013

    Jim Peys

    Terra Firma Properties Inc.

    Section Image
  • Alba del Cid

    Buyer's Agent in 2013

    Alba del Cid

    Mega Real Estate Advisors

    (310) 702-8550

    1 in this area

    21 Total Sales

    Alba del Cid
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: P840208

California Regional Multiple Listing Service (CRMLS)

APN: 6150-024-023

California Los Angeles County Los Angeles 90059

2132 E 120th St, Los Angeles, CA

Not Listed for Sale

MultiFamily

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