NOT LISTED FOR SALE

221 E 120th St Los Angeles, CA 90061

Broadway-Manchester Neighborhood

Estimated Value: $847,000 - $1,162,000

3 Beds
1 Bath
1,061 Sq Ft
$990/Sq Ft Est. Value

Last Sold December 27, 2021

Last sale price $480,000 $452 Per Sq Ft

Est. 119% increase in value since last sale

Current estimated payment $7,038/month

20 Days on Market

Highlights

  • Bike Trail
  • Rectangular Lot
  • 1-Story Property

About This Home

As of December 2021

Great investment opportunity. Potential to build 4 units or more. Drive by only, tenant occupied. Property is sold "as is". Seller will make no repairs. No financing, all cash only.

Last Agent to Sell the Property

Art Flores

Cal-Estate Realty License #00874373 Listed on: 10/19/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,840

Year Built

  • Built in 1947

Lot Details

  • 5,502 Sq Ft Lot
  • No Common Walls
  • No Landscaping
  • Rectangular Lot
  • Level Lot

Interior Spaces

  • 3 Bedrooms
  • 1,061 Sq Ft Home
  • 1-Story Property

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 93
  • Tax Tract Number 3287
  • Assessor Parcel Number 6083027016
  • $485 per year additional tax assessments

Community Details

Recreation

  • Bike Trail

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,840

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Assessments: Yes
  • Price Per Unit: 500000
  • Property Attached: No
  • Zoning: LAR3
  • Property Type: Residential Income
  • Parcel Number: 6083027016
  • Year Built: 1947
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 452.40

Exterior Features

  • Pool Private: No

Garage/Parking

  • Total Parking Spaces: 2.00
  • Uncovered Spaces: 2.00

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Biking, Curbs, Sidewalks, Storm Drains, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level with Street, Rectangular Lot, No Landscaping
  • Lot Size Sq Ft: 5502.00
  • Lot Size Acres: 0.1263

Multi Family

  • Lot Size Area: 5502.0000 Square Feet
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 1
  • Rent Control: No

Tax Info

  • Tax Census Tract: 2414.00
  • Tax Lot: 93
  • Tax Tract Number: 3287
  • TaxOtherAnnualAssessmentAmount: 485.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 19, 2021
Closed on
Dec 16, 2021
Sold by
Valtierra Ortega Yesenia
Bought by
Moreno Chris
Seller's Agent
Art Flores
Cal-Estate Realty
List Price
$480,000
Sold Price
$480,000
Current Estimated Value
$1,050,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$570,000
Avg. Annual Appreciation
22.74%

Purchase Details

Listed on
Oct 19, 2021
Closed on
Nov 12, 2021
Sold by
Veola Martin Trust and The Veola Martin Trust
Bought by
Moreno Chris
Seller's Agent
Art Flores
Cal-Estate Realty
List Price
$480,000
Sold Price
$480,000

Purchase Details

Closed on
Jun 14, 2011
Sold by
Martin Veola
Bought by
Martin Viola and Viola Martin Trust
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
Moreno Chris -- First American Title Company O
Moreno Chris $480,000 First American Title Company O
Martin Viola -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/27/2021 12/27/21 Sold $480,000 -4.0% $452 / Sq Ft
10/24/2021 10/24/21 Price Changed $500,000 +4.2% $471 / Sq Ft
10/19/2021 10/19/21 For Sale $480,000 -- $452 / 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 $17,840 $1,417,179 $509,379 $907,800
2024 $17,840 $1,389,392 $499,392 $890,000
2023 $6,380 $489,600 $391,680 $97,920
2022 $6,094 $480,000 $384,000 $96,000
2021 $836 $36,626 $14,917 $21,709
2019 $816 $35,542 $14,476 $21,066
2018 $755 $34,846 $14,193 $20,653
2016 $708 $33,495 $13,643 $19,852
2015 $697 $32,993 $13,439 $19,554
2014 $702 $32,347 $13,176 $19,171
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2021

    Art Flores

    Cal-Estate Realty

    (562) 865-3078

    1 in this area

    9 Total Sales

    Art Flores
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS21231769

California Regional Multiple Listing Service (CRMLS)

APN: 6083-027-016

California Los Angeles County Los Angeles 90061 Broadway-Manchester

221 E 120th St, Los Angeles, CA

This home is located at 221 E 120th St, Los Angeles, CA 90061 since 19 October 2021 and is currently estimated at $1,050,000, approximately $989 per square foot. This property was built in 1947. 221 E 120th St is a home located in Los Angeles County with nearby schools including One Hundred Eighteenth Street 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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