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156 E 120Th St, Los Angeles, CA 90061
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156 E 120Th St Los Angeles, CA 90061

$800,000 Sold Price as of 05/02/2022
  • 3 Beds
  • 2 Baths
  • 1,370 Sq.Ft.
Sold
$800,000 Sold Price as of 05/02/2022 Refinance Your Mortgage
Map preview of 156 E 120Th St, Los Angeles, CA 90061

Property Overview: 156 E 120Th St Los Angeles, CA has 3 bedrooms, 2 bathrooms, 1,370 living square feet and 6,824 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Development Opportunity!!! Property is being sold for land and development opportunity. Plans have been submitted to build a multi family building; buyer may take over project or start their own project. Must be sold with property next door (MLS:SB21188850) 200 E 120th St Los Angeles, CA 90061 (APN: 6086-002-011) combined price of $1,900,000 both lots together equal a total of 18,488 sq/ft. Buyer must independently verify the build ability of this parcel, the number of units which could be built and all aspects of development and use of the Property with appropriate professionals prior to removing their investigation contingency. Submit All Offers!

Listed by William Ramirez | BRE #02027289 | Realty One Group United
Last checked: 3 minutes ago | Last updated: November 23rd, 2023 | Source CRMLS | DOM: 138

Home details

Lot Sq. Ft
6,824
HOA Dues
$0/mo
Year built
1930
Garage
--
Property Type:
Duplex
Status
Sold
MLS#
SB21189696
City
Los Angeles
County
Los Angeles
Time on Site
989 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
  • # of Electric Meters: 0
  • # of Gas Meters: 0
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $0
  • Net Operating Income: $0
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $0
  • Electric: $0
  • Gas/Fuel: $0
  • Trash: $0
  • Insurance: $0
  • Water/Sewer: $0

Property Details for 156 E 120Th St

Interior Features
Laundry Information
  • No Laundry
  • None
Interior Features
  • Levels: One
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: 1 Common Wall
  • Total # of Units: 2
  • Parcel Number: 6086002012
  • Year Built Source: Assessor
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: 120TH ST, BETWEEN SAN PEDRO & MAIN ST
Neighborhood Information
  • Community Features: Park, Sidewalks
View more facts & features

Local Los Angeles Agent

Sale History for 156 E 120Th St

Last sold for $800,000 on May 2nd, 2022

  • November, 2023

  • Nov 23, 2023

    Date

    Expired

    CRMLS: 23322895

    $2,995,000

    Price

  • Oct 18, 2023

    Date

    Active

    CRMLS: 23322895

    $2,995,000

    Price

  • Listing provided courtesy of CRMLS

    Pleased to present the sale of 156 & 200 E 120th St a 18,488 square foot lot located in South LA, zoned R3-1XL-CPIO TRIER 3 . Proposed plans for a 44 unit has been entitled with LADBS and is Ready-to-issue (RTI). The unit mix of this property consists of 38 x 1 bedroom and 6 x 2 bedroom units. 3 story building with 32,919 gross building sq ft, 31,206 net building sq ft, Individual electricity and gas meter, mastered water meter with the option of water sub-meter with additional low cost.Efficient type V construction with no parking requirement, no elevator on site, Proposed construction $5,000,000 or $150 per sq ft. Great cash on cash %10 on Hold and % 100 on capital on sell strategy, Low Risk, contract lease with government agencies or sell to LAHD $350,000 per unit will valuate the property $ 15.5 Million.

  • May, 2022

  • May 2, 2022

    Date

    Sold

    CRMLS: SB22003091

    $800,000

    Price

  • Jan 6, 2022

    Date

    Active

    CRMLS: SB22003091

    $900,000

    Price

  • Listing provided courtesy of CRMLS

    Development Opportunity!!! Property is being sold for land value and development opportunity. Plans have been submitted to build a multi family building; buyer may take over project or start their own project. Must be sold with property next door 200 E 120th St Los Angeles, CA 90061 (APN: 6086-002-011) combined price of $1,900,000 both lots together equal a total of 18,488 sq/ft. Buyer must independently verify the build ability of this parcel, the number of units which could be built and all aspects of development and use of the Property with appropriate professionals prior to removing their investigation contingency. Submit All Offers!

  • August, 2021

  • Aug 31, 2021

    Date

    Active

    CRMLS: SB21189696

    $1,900,000

    Price

  • Aug 28, 2021

    Date

    Coming Soon

    CRMLS: SB21189696

    $1,900,000

    Price

  • March, 2017

  • Mar 9, 2017

    Date

    Sold (Public Records)

    Public Records

    $385,000

    Price

  • May, 2014

  • May 16, 2014

    Date

    Sold (Public Records)

    Public Records

    $265,000

    Price

  • August, 2013

  • Aug 21, 2013

    Date

    Price Change

    CRMLS: IG13048828

    $229,999

    Price

  • Aug 14, 2013

    Date

    Price Change

    CRMLS: IG13048828

    $249,999

    Price

  • May 31, 2013

    Date

    Price Change

    CRMLS: IG13048828

    $190,000

    Price

  • Mar 21, 2013

    Date

    Price Change

    CRMLS: IG13048828

    $220,000

    Price

  • Listing provided courtesy of CRMLS

    Excellent cash flow opportunity. Duplex located near freeways and shopping centers. This is a short sale and is subject to lender approval.

Show More

Tax History for 156 E 120Th St

Assessed Value (2020): $408,565
Year Land Value Improved Value Assessed Value
2020 $265,302 $143,263 $408,565

Home Value Compared to the Market

This property vs the competition

156 E 120Th St sold on May 2, 2022 for 24.37% 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 $656.93 per/sqft which puts the price per square foot 12.99% lower than the current median sale per square foot for the city of Los Angeles.

About 156 E 120Th St

Detailed summary of property

156 E 120Th St is a duplex that recently sold in Los Angeles, CA 90061. This duplex offered 3 bedrooms, 2 bathrooms, roughly 1,370 living square feet, and sits on an approximately 6,824 square foot lot. 156 E 120Th St was first listed on ArdentRealEstateGroup.com on August 28, 2021. The homeowner sold the property for $800,000. 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 24.37% lower than the current median priced home. Local homes that are currently for sale include 830 W Imperial Hwy, 10409 S Figueroa St and 425 W Century Blvd. While the average home in Los Angeles, CA is selling in 94 days, 156 E 120Th St has a days on market of 138 days. There are currently 3654 homes for sale in the Los Angeles real estate market and 2456 of them are single family homes while 1102 of them are condos and 90 are townhomes. For more information on this home for sale at 156 E 120Th St Los Angeles, CA 90061 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 156 E 120Th St

Public county record property details
Beds
3
Baths
2
Year built
1930
Sq. Ft.
1,370
Lot Size
6,823
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
8
APN
6086-002-012

The source for these homes facts are from public records.

90061 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$598,000
Median List Price/Sq.Ft.
$527
Median Sold Price
$600,000
Median Sold Price/Sq.Ft.
$531
Total Inventory
29
Median Sale to List Price %
110.09%
Avg Days on Market
39
Loan Type
Conventional (33.33%), FHA (0%), VA (0%), Cash (33.33%), Other (0%)

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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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