NOT LISTED FOR SALE

240 E 121st St Los Angeles, CA 90061

Estimated Value: $769,000 - $801,000

5 Beds
3 Baths
1,942 Sq Ft
$402/Sq Ft Est. Value

Last Sold January 30, 2012

Last sale price $199,000 $102 Per Sq Ft

Est. 293% increase in value since last sale

Current estimated payment $4,624/month

255 Days on Market

About This Home

As of January 2012

Back on the market!!!Investor's opportunity. Great investment! Short Sale!!! 2 on a lot!!! 3 Bedrooms 1 bath in the back and a small 3 bedroom in front. with lots of parking. Subject to lean holder approval. Do not disturb tenants...Drive by subject to interior inspection. Do not disturb tenants. Needs work!!!

Last Agent to Sell the Property

Maria Olmos

Y Realty License #00956497 Listed on: 01/07/2011

Last Buyer's Agent

Ron Jimenez

First American Team Realty License #01235348

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 6,534

Parking

  • 4 Parking Spaces

Home Design

  • 1,942 Sq Ft Home
  • Contemporary Architecture
  • Stucco

Additional Features

  • 6,534 Sq Ft Lot
  • No Heating

Listing and Financial Details

  • Tax Lot 19
  • Assessor Parcel Number 6086004005

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • New Taxes Expense $7,466

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Assessments: No
  • View: No
  • Architectural Style: Contemporary
  • Property Type: Residential Income
  • Parcel Number: 6086004005
  • Year Built: 1920
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Appliances: No
  • Price Per Square Foot: 102.47

Exterior Features

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

Garage/Parking

  • Parking: No
  • Total Parking Spaces: 4.00

Utilities

  • Heating: No
  • Laundry: No

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 6534.00
  • Lot Size Acres: 0.1500

Multi Family

  • Lot Size Area: 0.1500 Acres
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2

Tax Info

  • New Taxes Expense: 7466.00
  • Tax Lot: 19
  • Tax Tract: unknown
  • Tax Tract Number: 00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 7, 2011
Closed on
Jan 24, 2012
Sold by
Flores Hugo
Bought by
Hernandez Jose Luis
Seller's Agent
Maria Olmos
Y Realty
Buyer's Agent
Ron Jimenez
First American Team Realty
List Price
$220,000
Sold Price
$199,000
Premium/Discount to List
-$21,000
-9.55%
Current Estimated Value
$781,274

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$582,274
Avg. Annual Appreciation
10.27%
Original Mortgage
$193,920
Outstanding Balance
$135,400
Interest Rate
4.37%
Mortgage Type
FHA
Estimated Equity
$645,874

Purchase Details

Closed on
Jun 28, 2006
Sold by
Flores Hugo and Gonzalez Maria
Bought by
Flores Hugo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
6.63%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jan 19, 2005
Sold by
Brightwood Financial Holdings Llc
Bought by
Flores Hugo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$399,920
Interest Rate
7.15%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 12, 2003
Sold by
Clark Wayne Lee
Bought by
Brightwood Financial Holdings Llc

Purchase Details

Closed on
Jul 29, 2003
Sold by
Clark Wayne Lee
Bought by
Sachal Group

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$15,000
Interest Rate
5.13%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 15, 2002
Sold by
Adams Larry
Bought by
Clark Wayne Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,400
Interest Rate
8.62%
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
Hernandez Jose Luis $199,000 None Available
Flores Hugo -- Security Union Title
Flores Hugo $500,000 Equity Title
Brightwood Financial Holdings Llc $160,300 --
Sachal Group -- --
Clark Wayne Lee $133,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hernandez Jose Luis $193,920
Previous Owner Flores Hugo $110,000
Previous Owner Flores Hugo $399,920
Previous Owner Sachal Group $15,000
Previous Owner Clark Wayne Lee $106,400
Closed Clark Wayne Lee $26,600
Closed Flores Hugo $99,980
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/30/2012 01/30/12 Sold $199,000 -9.5% $102 / Sq Ft
09/19/2011 09/19/11 Pending -- -- --
01/07/2011 01/07/11 For Sale $220,000 -- $113 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $5,731 $376,806 $200,964 $175,842
2024 $5,731 $369,419 $197,024 $172,395
2023 $5,473 $362,176 $193,161 $169,015
2022 $5,239 $355,075 $189,374 $165,701
2021 $5,176 $348,113 $185,661 $162,452
2020 $5,209 $344,545 $183,758 $160,787
2019 $5,029 $337,790 $180,155 $157,635
2018 $4,891 $331,168 $176,623 $154,545
2016 $4,682 $318,310 $169,765 $148,545
2015 $4,614 $313,529 $167,215 $146,314
2014 $4,619 $307,388 $163,940 $143,448
Source: Public Records

Agents Affiliated with this Home

  • Maria Olmos

    Seller's Agent in 2012

    Maria Olmos

    Y Realty

    (562) 824-6227

    4 in this area

    49 Total Sales

    Maria Olmos
    Section Image
  • Ron Jimenez

    Buyer's Agent in 2012

    Ron Jimenez

    First American Team Realty

    (562) 594-8201

    5 Total Sales

    Ron Jimenez
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: P765291

California Regional Multiple Listing Service (CRMLS)

APN: 6086-004-005

California Los Angeles County Los Angeles 90061

240 E 121st St, Los Angeles, CA

Not Listed for Sale

MultiFamily

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