NOT LISTED FOR SALE

625 E 120th St Unit 1-3 Los Angeles, CA 90059

Green Meadows Neighborhood

Estimated Value: $716,000 - $924,000

6 Beds
3 Baths
1,856 Sq Ft
$433/Sq Ft Est. Value

Last Sold November 20, 2019

Last sale price $550,000 $296 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $4,937/month

14 Days on Market

About This Home

As of November 2019

EXCELLENT RESIDENTIAL INCOME OPPORTUNITY! EACH UNIT IS 2 BEDROOMS, 1 BATH ROOM, THE PROPERTY HAS BEEN WELL MAINTAINED. LARGE FRONT YARD WITH FULL FENCE AROUND THE PROPERTY. OPEN SPACE UNDERNEATH APARTMENT COMPLEX CAN BE USED FOR ADDITIONAL PARKING, LONG DRIVEWAY. NEAR MAGIC JOHNSON PARK, 105 FREEWAY AND 110 FREEWAY. COME AND SEE THEM!

Last Agent to Sell the Property

Etelinda Ortez

C-21 Jervis & Associates License #01112514 Listed on: 09/04/2019

Last Buyer's Agent

Andres Trujillo

West Shores Realty, Inc. License #01406419

West Shores Realty, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,674

Year Built

  • Built in 1963

Lot Details

  • 5,446 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Home Design

  • Triplex
  • Composition Roof

Interior Spaces

  • 1,856 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Parking

  • Parking Available
  • Driveway

Utilities

  • Wall Furnace

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 315
  • Tax Tract Number 3754
  • Assessor Parcel Number 6084006028

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $800
  • Water Sewer Expense $1,200
  • New Taxes Expense $6,000
  • Operating Expense $1,200
  • Gross Income $24,400
  • Net Operating Income $24,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,674

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 1200.00
  • Zoning: LARD2
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 6084006028
  • Year Built: 1963
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 2
  • Common Walls: No Common Walls
  • Levels: Two
  • Price Per Square Foot: 296.34

Exterior Features

  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway

Utilities

  • Heating: Yes
  • Laundry: No
  • Heating Type: Wall Furnace
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5446.00
  • Lot Size Acres: 0.1250

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 24400.00
  • Gross Scheduled Income: 32400.00
  • Insurance Expense: 800.00
  • Lot Size Area: 5446.0000 Square Feet
  • Net Operating Income: 24400.00
  • 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: 8000.00
  • Rent Control: Yes
  • Total Expenses: 1200.00

Tax Info

  • New Taxes Expense: 6000.00
  • Tax Census Tract: 2410.02
  • Tax Lot: 315
  • Tax Tract Number: 3754

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 11, 2022
Sold by
Alfonso Trujillo
Bought by
Cfa Llc
Current Estimated Value
$803,516

Purchase Details

Listed on
Sep 4, 2019
Closed on
Oct 23, 2019
Sold by
Ibarra Mayela Raygoza
Bought by
Trujillo Alfonso
Seller's Agent
Etelinda Ortez
C-21 Jervis & Associates
Buyer's Agent
Andres Trujillo
West Shores Realty, Inc.
List Price
$569,900
Sold Price
$550,000
Premium/Discount to List
-$19,900
-3.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.60%
Original Mortgage
$412,500
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 4, 2019
Closed on
Sep 23, 2019
Sold by
Carrizales Vilma Esperanza
Bought by
Trujillo Alfonso
Seller's Agent
Etelinda Ortez
C-21 Jervis & Associates
Buyer's Agent
Andres Trujillo
West Shores Realty, Inc.
List Price
$569,900
Sold Price
$550,000
Premium/Discount to List
-$19,900
-3.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,500
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 12, 2007
Sold by
Carrizales Bernardo
Bought by
Carrizales Vilma Esperanza

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$385,000
Interest Rate
6.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 26, 2004
Sold by
Carrizales Bernardo
Bought by
Carrizales Bernardo and Carrizales Vilma E

Purchase Details

Closed on
May 20, 2003
Sold by
Lopez Nelson
Bought by
Carrizales Bernardo and Carrizales Vilma E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$242,077
Interest Rate
5.77%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 12, 2000
Sold by
Reyna Angelica M
Bought by
Lopez Nelson and Gonzalez Amilcar D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,831
Interest Rate
7.84%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 21, 1999
Sold by
Lopez Maria S
Bought by
Lopez Nelson
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
Cfa Llc -- Law Offices Of Gale And Vallan
Trujillo Alfonso -- Pacific Coast Title
Trujillo Alfonso $550,000 None Available
Carrizales Vilma Esperanza -- First American Title Co
Carrizales Bernardo -- --
Carrizales Bernardo $252,000 Southland Title
Lopez Nelson $176,000 Fidelity National Title Ins
Lopez Nelson -- Fidelity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Trujillo Alfonso $412,500
Previous Owner Carrizales Vilma Esperanza $385,000
Previous Owner Carrizales Bernardo $242,077
Previous Owner Lopez Nelson $174,831
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/20/2019 11/20/19 Sold $550,000 -3.5% $296 / Sq Ft
09/18/2019 09/18/19 Pending -- -- --
09/04/2019 09/04/19 For Sale $569,900 -- $307 / 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 $8,674 $671,058 $468,180 $202,878
2024 $8,674 $657,900 $459,000 $198,900
2023 $7,710 $578,146 $367,911 $210,235
2022 $7,371 $566,811 $360,698 $206,113
2021 $7,276 $555,698 $353,626 $202,072
2019 $5,894 $439,523 $254,270 $185,253
2018 $5,817 $430,906 $249,285 $181,621
2016 $5,321 $395,000 $265,000 $130,000
2015 $4,776 $350,000 $233,000 $117,000
2014 $4,274 $300,000 $200,000 $100,000
Source: Public Records

Agents Affiliated with this Home

  • Etelinda Ortez

    Seller's Agent in 2019

    Etelinda Ortez

    C-21 Jervis & Associates

    (310) 710-1927

    8 Total Sales

    Etelinda Ortez
    Section Image

  • A

    Buyer's Agent in 2019

    Andres Trujillo

    West Shores Realty, Inc.

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS19211821

California Regional Multiple Listing Service (CRMLS)

APN: 6084-006-028

California Los Angeles County Los Angeles 90059 Green Meadows

625 E 120th St Unit 1-3, Los Angeles, CA

This home is located at 625 E 120th St Unit 1-3, Los Angeles, CA 90059 since 04 September 2019 and is currently estimated at $803,516, approximately $432 per square foot. This property was built in 1963. 625 E 120th St Unit 1-3 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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