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1218 E 120Th St, Los Angeles, CA 90059
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1218 E 120Th St Los Angeles, CA 90059

$545,000 Sold Price as of 07/14/2023
  • 4 Beds
  • 2 Baths
  • 1,680 Sq.Ft.
Sold
$545,000 Sold Price as of 07/14/2023 Refinance Your Mortgage
Map preview of 1218 E 120Th St, Los Angeles, CA 90059

Property Overview: 1218 E 120Th St Los Angeles, CA has 4 bedrooms, 2 bathrooms, 1,680 living square feet and 7,512 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Great Investment Opportunity in Central Los Angeles to generate passive income. Sold As Is. This duplex sits on a large 7000+ sq foot lot. Nice sized 2 bedroom / 1 bath units. Great long-term tenants. Open backyard space, ideal for entertaining, relaxing, or gardening. Detached 2 car garage with alley access. Ready for a new owner to bring their creative touch to the property. Approval for addition of at least 1 (one) 800 sf ADU. Desirable location close to recently renovated Magic Johnson Park, among others. Conveniently near schools, shopping, and public transportation. Easily accessible from the 110 and the 105 freeways. Interested? Contact me today!

Listed by Carlton Davenport | BRE #01200969 | Davenport Realty, Inc.
Last checked: 2 minutes ago | Last updated: July 18th, 2023 | Source CRMLS | DOM: 16

Home details

Lot Sq. Ft
7,512
HOA Dues
$0/mo
Year built
1945
Garage
2 Car
Property Type:
Multi Family
Status
Sold
MLS#
23258521
City
Los Angeles
County
Los Angeles
Time on Site
388 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,258
  • Total Rent: $1,258
  • Pro Forma/Market Rent: $1,258
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,325
  • Total Rent: $1,325
  • Pro Forma/Market Rent: $1,325
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 0
  • Gross Scheduled Income: --
  • Net Operating Income: $0
  • Gross Operating Income: $0
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 1218 E 120Th St

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Space Heater
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Carpet
Interior Features
  • Security Features: Gated Community
Exterior Features
Exterior Information
  • Roof: Common Roof
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 2
Lot Information
  • Lot Features: Front Yard, Back Yard, Lawn
Property Information
  • Total # of Units: 2
  • Parcel Number: 6148029003
  • Accessibility Features: None
  • Property Condition: Repairs Cosmetic
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: 105 Fwy Exit Central Between Central and Compton on 120th St
View more facts & features

Local Los Angeles Agent

Sale History for 1218 E 120Th St

Last sold for $545,000 on July 14th, 2023

  • July, 2023

  • Jul 14, 2023

    Date

    Sold

    CRMLS: 23258521

    $545,000

    Price

  • Apr 10, 2023

    Date

    Active

    CRMLS: 23258521

    $565,000

    Price

  • February, 2020

  • Feb 21, 2020

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 1218 E 120Th St

Assessed Value (2020): $151,704
Year Land Value Improved Value Assessed Value
2020 $61,571 $90,133 $151,704

Home Value Compared to the Market

This property vs the competition

1218 E 120Th St sold on July 14, 2023 for 52.52% lower than the current median sold price for the city of Los Angeles which is $1,190,000. The median sold price per/sqft for Los Angeles is $755 and this home is sold at $336.31 per/sqft which puts the price per square foot 55.46% lower than the current median sale per square foot for the city of Los Angeles.

About 1218 E 120Th St

Detailed summary of property

1218 E 120Th St is a multi family that recently sold in Los Angeles, CA 90059. This multi family property offered 4 bedrooms, 2 bathrooms, roughly 1,680 living square feet, and sits on an approximately 7,512 square foot lot. 1218 E 120Th St was first listed on ArdentRealEstateGroup.com on April 10, 2023. The homeowner sold the property for $545,000. Home in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 52.52% lower than the current median priced home. Local homes that are currently for sale include 731 E 84th St, 845 E 80th St and 240 W 82nd St. While the average home in Los Angeles, CA is selling in 96 days, 1218 E 120Th St has a days on market of 16 days. There are currently 3485 homes for sale in the Los Angeles real estate market and 2372 of them are single family homes while 1013 of them are condos and 94 are townhomes. For more information on this home for sale at 1218 E 120Th St Los Angeles, CA 90059 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1218 E 120Th St

Public county record property details
Beds
4
Baths
2
Year built
1945
Sq. Ft.
1,680
Lot Size
7,514
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
9
APN
6148-029-003

The source for these homes facts are from public records.

90059 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$575,000
Median List Price/Sq.Ft.
$512
Median Sold Price
$690,000
Median Sold Price/Sq.Ft.
$650
Total Inventory
45
Median Sale to List Price %
99.28%
Avg Days on Market
38
Loan Type
Conventional (11.11%), FHA (55.56%), VA (11.11%), Cash (0%), Other (22.22%)

Thinking of Selling?

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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