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123 Rivera St, Los Angeles, CA 90063
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123 Rivera St Los Angeles, CA 90063

$505,000 Sold Price as of 09/07/2021
  • 4 Beds
  • 2 Baths
  • 1,180 Sq.Ft.
Sold
$505,000 Sold Price as of 09/07/2021 Refinance Your Mortgage
Map preview of 123 Rivera St, Los Angeles, CA 90063

Property Overview: 123 Rivera St Los Angeles, CA has 4 bedrooms, 2 bathrooms, 1,180 living square feet and 2,501 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Location, Location, Location!!! High Demand and Desirable Boyle Heights properties with possible potential for a 3rd unit? The 3rd Middle Building was once being used as a Studio Apartment and may have potential to become an ADU. Minutes to DTLA and Walking distance to the Metro, easy access to freeways and Neighborhood Eateries, Parks and Perks. These 2 Units are very unique because they face opposite directions(122 Jullien st/123 Rivera st) allowing them to be used like 2 Separate homes. Each Unit features 2bd 1ba and each also has a large Laundry Room inside each unit. Both Units have been recently Updated and painted and overall are in very good condition. Kitchens have Granite and Quartz counters. 3rd Build is currently split and being used as 2 storage rooms.

Listed by Robert Serbin | BRE #01433755 | Keller Williams Realty
Last checked: 15 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 75

Home details

Lot Sq. Ft
2,501
HOA Dues
$0/mo
Year built
1926
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
PW21121512
City
Los Angeles
County
Los Angeles
Time on Site
1201 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 3
  • # of Leased Units: 2
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,300
  • Total Rent: $1,300
  • Pro Forma/Market Rent: $1,600
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,200
  • Total Rent: $1,200
  • Pro Forma/Market Rent: $1,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $30,000
  • Net Operating Income: $28,000
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $2,000
  • Electric: $0
  • Gas/Fuel: $0
  • New Taxes: $0
  • Trash: $250
  • Insurance: $1,150
  • Water/Sewer: $700

Property Details for 123 Rivera St

Interior Features
Laundry Information
  • Has Laundry
  • Individual Room, Inside, See Remarks
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 5179002034
  • Year Built Source: Assessor
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: 60fwy exit Lorena
Neighborhood Information
  • Community Features: Biking, Curbs, Park, Sidewalks, Storm Drains, Street Lights
View more facts & features

Local Los Angeles Agent

Sale History for 123 Rivera St

Last sold for $505,000 on September 7th, 2021

  • September, 2021

  • Sep 7, 2021

    Date

    Sold

    CRMLS: PW21121512

    $505,000

    Price

  • Aug 27, 2021

    Date

    Active Under Contract

    CRMLS: PW21121512

    $495,000

    Price

  • Aug 19, 2021

    Date

    Hold

    CRMLS: PW21121512

    $495,000

    Price

  • Jun 26, 2021

    Date

    Price Change

    CRMLS: PW21121512

    $495,000

    Price

  • Jun 5, 2021

    Date

    Active

    CRMLS: PW21121512

    $550,000

    Price

  • May, 2011

  • May 16, 2011

    Date

    Sold (Public Records)

    Public Records

    $78,000

    Price

Show More

Tax History for 123 Rivera St

Assessed Value (2020): $239,318
Year Land Value Improved Value Assessed Value
2020 $134,770 $104,548 $239,318

Home Value Compared to the Market

This property vs the competition

123 Rivera St sold on September 7, 2021 for 55.8% lower than the current median sold price for the city of Los Angeles which is $1,120,000. The median sold price per/sqft for Los Angeles is $724 and this home is sold at $419.49 per/sqft which puts the price per square foot 42.06% lower than the current median sale per square foot for the city of Los Angeles.

About 123 Rivera St

Detailed summary of property

123 Rivera St is a multi family that recently sold in Los Angeles, CA 90063. This multi family property offered 4 bedrooms, 2 bathrooms, roughly 1,180 living square feet, and sits on an approximately 2,501 square foot lot. 123 Rivera St was first listed on ArdentRealEstateGroup.com on June 5, 2021. The homeowner sold the property for $505,000. Home in Los Angeles are selling for a median price of $1,120,000 and a median price per square foot of $724. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 55.8% lower than the current median priced home. Local homes that are currently for sale include 845 E 80th St, 919 E 92nd St and 1201 W 54th St. While the average home in Los Angeles, CA is selling in 106 days, 123 Rivera St has a days on market of 75 days. There are currently 4052 homes for sale in the Los Angeles real estate market and 2782 of them are single family homes while 1148 of them are condos and 116 are townhomes. For more information on this home for sale at 123 Rivera St Los Angeles, CA 90063 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 123 Rivera St

Public county record property details
Beds
3
Baths
2
Year built
1926
Sq. Ft.
1,180
Lot Size
2,500
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
40
APN
5179-002-034

The source for these homes facts are from public records.

90063 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$675,000
Median List Price/Sq.Ft.
$624
Median Sold Price
$600,000
Median Sold Price/Sq.Ft.
$627
Total Inventory
42
Median Sale to List Price %
100.17%
Avg Days on Market
57
Loan Type
Conventional (42.86%), FHA (28.57%), VA (0%), Cash (0%), Other (14.29%)

Thinking of Selling?

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(714) 706-1823

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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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