NOT LISTED FOR SALE

220 E 121st St Los Angeles, CA 90061

Willowbrook Neighborhood

Estimated Value: $748,240 - $924,000

7 Beds
3 Baths
2 Sq Ft
$420,530/Sq Ft Est. Value

Last Sold September 12, 2022

Last sale price $680,000 $340,000 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $5,448/month

Highlights

  • Private Yard
  • Laundry Room
  • Tile Flooring
  • No HOA
  • Parking Storage or Cabinetry
  • 6 Detached Carport Spaces

About This Home

As of September 2022

This is a 1031 sale at no expense to buyer. Wow, a great opportunity to purchase a three unit complex. Turnkey. Newly interior and exterior paint. Great curb appeal. Very clean. Tenants to remain in property. Six spaces for parking. Four spaces not attached and two spaces attached to duplex.

Last Agent to Sell the Property

Ethel Sabree

Berkshire Hathaway HomeServices California Properties License #01205275 Listed on: 07/31/2022

Berkshire Hathaway HomeServices California Properties

Last Buyer's Agent

Ethel Sabree

Berkshire Hathaway HomeServices California Properties License #01205275 Listed on: 07/31/2022

Berkshire Hathaway HomeServices California Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,115

Year Built

  • Built in 1948

Lot Details

  • 7,532 Sq Ft Lot
  • No Common Walls
  • Private Yard
  • Lawn
  • Front Yard

Home Design

  • Turnkey

Interior Spaces

  • 2 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Laundry Room

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 6 Car Garage
  • 6 Detached Carport Spaces
  • Parking Storage or Cabinetry
  • Parking Available
  • Driveway

Outdoor Features

  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Standard Electricity

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 20
  • Tax Tract Number 540

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units

Building Details

  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $27,864
  • Water Sewer Expense $1,560
  • Operating Expense $1,560
  • Gross Income $58,140
  • Net Operating Income $480

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,115

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Assessments: Yes
  • Price Per Unit: 226667
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Maintained, Paved
  • Security: Carbon Monoxide Detector(s), Fire and Smoke Detection System, Smoke Detector(s)
  • View: No
  • Water Sewer Expenses: 1560.00
  • Property Condition: Turnkey
  • Property Type: Residential Income
  • Year Built: 1948
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Laminate, Tile
  • Appliances: No
  • Fireplace Features: Living Room
  • Levels: One

Exterior Features

  • Exterior Features: Lighting
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Carport Spaces: 6.00
  • Parking: Yes
  • Parking Features: Built-In Storage, Detached Carport, Driveway, Concrete
  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Natural Gas Available, Natural Gas Connected, Sewer Available, Sewer Connected, Water Available, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Electric: Standard
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Lawn, Yard
  • Lot Size Sq Ft: 7532.00
  • Lot Size Acres: 0.1729
  • Latitude Manual: 33.92235300

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 58140.00
  • Gross Scheduled Income: 4845.00
  • Insurance Expense: 27864.00
  • Lot Size Area: 7532.0000 Square Feet
  • Net Operating Income: 480.00
  • 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: 480.00
  • Rent Control: Yes
  • Total Expenses: 1560.00

Tax Info

  • Tax Lot: 20
  • Tax Tract Number: 540...

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 31, 2022
Closed on
Aug 9, 2022
Sold by
Irene Jones
Bought by
Jones Earl R
Seller's Agent
Ethel Sabree
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Ethel Sabree
Berkshire Hathaway HomeServices California Properties
List Price
$680,000
Sold Price
$680,000
Views
8
Current Estimated Value
$841,060

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$161,060
Avg. Annual Appreciation
7.58%

Purchase Details

Listed on
Jul 31, 2022
Closed on
Jul 26, 2022
Sold by
Corbin Family Trust
Bought by
Jones Earl R
Seller's Agent
Ethel Sabree
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Ethel Sabree
Berkshire Hathaway HomeServices California Properties
List Price
$680,000
Sold Price
$680,000
Views
8

Purchase Details

Closed on
Dec 7, 2006
Sold by
Corbin Bobby R and Reed Corbin Rosslyn
Bought by
Corbin Bobby R and Corbin Rosslyn F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$399,000
Interest Rate
6.87%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 28, 2004
Sold by
Westminster Investments
Bought by
Corbin Bobby R and Reed Corbin Rosslyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,000
Interest Rate
7.12%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 14, 2004
Sold by
220 E 121St Street Trust
Bought by
Westminster Investments

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,000
Interest Rate
7.12%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 12, 2004
Sold by
Westminster Investments Inc
Bought by
220 E 121St Street Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$23,000
Interest Rate
5.79%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 12, 2003
Sold by
Spells Stephanie and Shine Reginald A
Bought by
Westminster Investments Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$23,000
Interest Rate
5.79%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 9, 2000
Sold by
Cyprus Kip C
Bought by
Spells Stephanie and Shine Reginald A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,038
Interest Rate
8.14%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 10, 1999
Sold by
Aames Capital Corp
Bought by
Cyprus Kip C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,750
Interest Rate
7.05%

Purchase Details

Closed on
Dec 28, 1998
Sold by
Livingston Nathaniel J
Bought by
Aames Capital Corp

Purchase Details

Closed on
Mar 2, 1994
Sold by
Corbin Bobby Ray and Corbin Marcel M
Bought by
Livingston Nathaniel J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,900
Interest Rate
7.59%
Source: Public Records

Range of Values:

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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
Jones Earl R -- --
Jones Earl R $680,000 --
Corbin Bobby R -- None Available
Corbin Bobby R -- Ticor Title San Diego
Westminster Investments -- Ticor Title San Diego
220 E 121St Street Trust -- --
Westminster Investments Inc $3,000 --
Spells Stephanie $240,000 First American Title Co
Cyprus Kip C $122,500 Fidelity Title
Cyprus Kip C -- Fidelity Title
Aames Capital Corp $97,991 Orange Coast Title
Livingston Nathaniel J $159,500 Progressive Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Corbin Bobby R $343,865
Previous Owner Corbin Bobby R $399,000
Previous Owner Corbin Bobby R $312,000
Previous Owner Westminster Investments $38,950
Previous Owner Westminster Investments $23,000
Previous Owner Spells Stephanie $236,638
Previous Owner Spells Stephanie $238,038
Previous Owner Cyprus Kip C $125,750
Previous Owner Livingston Nathaniel J $44,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/12/2022 09/12/22 Sold $680,000 0.0% $340,000 / Sq Ft
07/31/2022 07/31/22 For Sale $680,000 0.0% $340,000 / Sq Ft
07/20/2022 07/20/22 Pending -- -- --
06/23/2022 06/23/22 Off Market $680,000 -- --
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 $10,115 $707,472 $416,160 $291,312
2024 $10,115 $693,600 $408,000 $285,600
2023 $9,698 $680,000 $400,000 $280,000
2022 $7,493 $512,256 $373,032 $139,224
2021 $7,408 $502,213 $365,718 $136,495
2020 $7,457 $497,065 $361,969 $135,096
2019 $7,197 $487,320 $354,872 $132,448
2018 $7,006 $477,765 $347,914 $129,851
2016 $6,714 $459,214 $334,405 $124,809
2015 $6,617 $452,317 $329,382 $122,935
2014 $6,623 $443,457 $322,930 $120,527
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2022

    Ethel Sabree

    Berkshire Hathaway HomeServices California Properties

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IG22120289

California Regional Multiple Listing Service (CRMLS)

APN: 6086-004-010

California Los Angeles County Los Angeles 90061 Willowbrook

220 E 121st St, Los Angeles, CA

This home is located at 220 E 121st St, Los Angeles, CA 90061 since 31 July 2022 and is currently estimated at $841,060, approximately $420,530 per square foot. This property was built in 1948. 220 E 121st St is a home located in Los Angeles County with nearby schools including One Hundred Twenty-Second Street Elementary School, Samuel Gompers Middle School, and New Designs Charter School-Watts.

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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