NOT LISTED FOR SALE

Estimated Value: $511,000 - $596,101

3 Beds
1 Bath
640 Sq Ft
$849/Sq Ft Est. Value

Last Sold March 29, 2024

Last sale price $500,000 $781 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $3,396/month

13 Days on Market

Highlights

  • Traditional Architecture
  • No HOA
  • Bathtub
  • Corner Lot
  • Covered patio or porch
  • Laundry Room

About This Home

As of March 2024

Welcome to 2514 E 126TH St, Los Angeles, CA 90222 is a solid investment opportunity with a lot of potential. With two lots totaling 6,631 sqft, there's plenty of room to work with. The main house featuring 3 bedrooms and 1 bath, along with the second lot with its own water meter, provides various options for expansion or development.

While the property may need some work, it's a great opportunity to add a promising asset to your real estate portfolio. Its last sale in 2002 indicates stability and potential, making it an appealing prospect for investors looking to make their mark in the LA real estate market.

This property could be the perfect canvas for realizing your vision, whether it's through renovation, expansion, or exploring different usage options. Don't miss out on the chance to explore the potential of this property and leverage it to your advantage in the thriving LA real estate market!

Last Agent to Sell the Property

LILIANA VILLATORO

Excellence RE Real Estate, Inc. Brokerage Phone: 310-259-5674 License #02083627 Listed on: 01/22/2024

Excellence RE Real Estate, Inc.

Last Buyer's Agent

Pedro Torres Jr.

First Class Platinum Brokers License #02082088

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,138

Year Built

  • Built in 1940

Lot Details

  • 6,633 Sq Ft Lot
  • East Facing Home
  • Corner Lot
  • Property is zoned LCM1*

Parking

  • 2 Car Garage
  • 3 Open Parking Spaces
  • Parking Available

Home Design

  • Traditional Architecture
  • Cosmetic Repairs Needed
  • Fire Rated Drywall
  • No Roof

Interior Spaces

  • 640 Sq Ft Home
  • 1-Story Property
  • Dining Room
  • Tile Flooring
  • Fire and Smoke Detector

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom
  • Bathtub

Laundry

  • Laundry Room
  • Washer Hookup

Outdoor Features

  • Covered patio or porch
  • Exterior Lighting

Schools

  • Compton High School

Utilities

  • No Heating
  • No Utilities
  • Standard Electricity

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 38 / 4
  • Assessor Parcel Number 6154031012
  • $742 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,138

Year Built

Built in 1940

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Security: Smoke Detector(s)
  • View: No
  • Well Report: No
  • Zoning: LCM1*
  • Architectural Style: Traditional
  • Property Condition: Repairs Cosmetic
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 6154031012
  • Year Built: 1940
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 640.00 Square Feet
  • Stories: 1
  • Entry Location: FRONT
  • Common Walls: No Common Walls
  • Flooring: Tile
  • Appliances: No
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Dining Room
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 781.25
  • Room Type: All Bedrooms Down
  • Bathroom Features: Bathtub

Exterior Features

  • Patio: Yes
  • Direction Faces: East
  • Fence: No
  • Patio And Porch Features: Covered
  • Pool Private: No
  • Roof: None
  • Spa: No
  • Construction Materials: Drywall Walls

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Covered, Garage
  • Total Parking Spaces: 5.00
  • Uncovered Spaces: 3.00

Utilities

  • Utilities: None
  • Heating: No
  • Laundry: Yes
  • Electric: Standard
  • Laundry Features: Inside, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights

Schools

  • School District: Compton Unified
  • High School: Compton
  • High School: Compton
  • High School2: COMPTO

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 6633.00
  • Lot Size Acres: 0.1523
  • Latitude Manual: 33.91821300

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6633.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 4
  • Tax Census Tract: 5415.00
  • Tax Lot: 38
  • Tax Tract Number: LCM1*
  • TaxOtherAnnualAssessmentAmount: 742.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 22, 2024
Closed on
Feb 2, 2024
Sold by
Gonzalez Antonio
Bought by
Lopez Rosa Nely Paxtor
Seller's Agent
LILIANA VILLATORO
Excellence RE Real Estate, Inc.
Buyer's Agent
Pedro Torres Jr.
First Class Platinum Brokers
List Price
$480,000
Sold Price
$500,000
Premium/Discount to List
$20,000
4.17%
Total Days on Market
13
Views
261
Current Estimated Value
$543,525

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,525
Avg. Annual Appreciation
7.27%
Original Mortgage
$490,943
Interest Rate
6.77%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 28, 2012
Sold by
Gonzalez Antonio
Bought by
Gonzalez Edgar

Purchase Details

Closed on
Nov 14, 2001
Sold by
Gonzalez Alicia
Bought by
Gonzalez Antonio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,800
Interest Rate
6.51%

Purchase Details

Closed on
Jul 17, 2001
Sold by
Suarez Victor
Bought by
Suarez Gloria
Source: Public Records

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Range of Values:

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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
Lopez Rosa Nely Paxtor $500,000 Western Resources Title Compan
Gonzalez Edgar -- None Available
Gonzalez Antonio -- First American Title Co
Gonzalez Antonio $74,000 First American Title Co
Suarez Gloria -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lopez Rosa Nely Paxtor $490,943
Previous Owner Gonzalez Antonio $51,800
Previous Owner Suarez Victor $20,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/29/2024 03/29/24 Sold $500,000 +4.2% $781 / Sq Ft
03/26/2024 03/26/24 For Sale $480,000 0.0% $750 / Sq Ft
03/11/2024 03/11/24 Price Changed $480,000 -4.0% $750 / Sq Ft
02/05/2024 02/05/24 Pending -- -- --
01/31/2024 01/31/24 Pending -- -- --
01/30/2024 01/30/24 Off Market $500,000 -- --
01/30/2024 01/30/24 For Sale $480,000 -4.0% $750 / Sq Ft
01/29/2024 01/29/24 Off Market $500,000 -- --
01/22/2024 01/22/24 For Sale $480,000 -- $750 / 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
2024 $6,138 $457,776 $374,544 $83,232
2023 $2,432 $142,024 $94,685 $47,339
2022 $2,289 $139,240 $92,829 $46,411
2021 $2,321 $136,510 $91,009 $45,501
2019 $2,261 $132,462 $88,310 $44,152
2018 $2,143 $129,866 $86,579 $43,287
2016 $2,037 $124,825 $83,218 $41,607
2015 $1,944 $122,951 $81,968 $40,983
2014 $1,918 $120,544 $80,363 $40,181
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW24010861

California Regional Multiple Listing Service (CRMLS)

APN: 6154-031-012