1685 E 123Rd St, Los Angeles, CA 90059
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1685 E 123Rd St Los Angeles, CA 90059

$500,000 Sold Price as of 04/16/2020
  • 5 Beds
  • 3 Baths
  • -- Sq.Ft.
Sold
$500,000 Sold Price as of 04/16/2020 Refinance Your Mortgage

Map preview of 1685 E 123Rd St, Los Angeles, CA 90059

Property Overview: 1685 E 123Rd St Los Angeles, CA has 5 bedrooms, 3 bathrooms, -- living square feet and 6,251 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Come see this beautiful two-on-a lot style Duplex! This property has 3 bedrooms and 1 bath in the front unit, and a spacious 1 bedroom 1 bathroom rear unit. The home has great bones and for this price you can instantly cash-flow! Both units will be delivered vacant at the close of escrow! The backyard is spacious boasting 2 seperate sections for both houses with a fenced cement slab, perfect for animals or entertaining. You wont have to look for parking anymore with this deep, gated driveway. The neighborhood is peaceful and quiet every day of the week and has only been appreciating over time! Close to shopping centers, parks, schools, the hospital, the gym, and freeways! Must see to appreciate and see it soon because this home wont last! FHA Friendly!! Sale is contingent upon Seller finding a replacement property (SELLER HAS IDENTIFIED A REPLACEMENT PROPERTY AND IS READY TO MOVE! BRING YOUR BEST OFFER AFTER OPEN HOUSE 2/23). Both properties to close concurrently. Property is to be de

Listed by Robert Barbee | BRE #02024061 | Robert Pitts Estates
Last checked: 14 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 21

Home details

Lot Sq. Ft
6,251
HOA Dues
$0/mo
Year built
1948
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
20552882
City
Los Angeles
County
Los Angeles
Time on Site
1206 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,700
Unit Breakdown 2
  • # of Units: 2
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $850
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 1685 E 123Rd St

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Exterior Features
Exterior Information
  • Other Structures: Shed(s)
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Driveway
Property Information
  • Total # of Units: 2
  • Parcel Number: 6149026029
Location / Neighborhood
Location Information
  • Directions: East of Compton ave, West of Wilmington, South of Imperial, North of El Segundo. Home is located on the north side of 123rd st and just east of Grandee ave
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Sale History for 1685 E 123Rd St

Last sold for $500,000 on April 16th, 2020
  • April, 2020

  • Apr 20, 2020

    Date

    Sold

    CRMLS: 20552882

    $500,000

    Price

  • Mar 3, 2020

    Date

    Pending

    CRMLS: 20552882

    $500,000

    Price

  • Feb 11, 2020

    Date

    Active

    CRMLS: 20552882

    $500,000

    Price

  • April, 2020

  • Apr 16, 2020

    Date

    Sold (Public Records)

    Public Records

    $500,000

    Price

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Tax History for 1685 E 123Rd St

Assessed Value (2020): $131,065
Year Land Value Improved Value Assessed Value
2020 $55,518 $75,547 $131,065

Home Value Compared to the Market

This property vs the competition

1685 E 123Rd St sold on April 16, 2020 for 57.98% lower than the current median sold price for the city of Los Angeles which is $1,190,000.

About 1685 E 123Rd St

Detailed summary of property

1685 E 123Rd St is a multi family that recently sold in Los Angeles, CA 90059. This multi family property offered 5 bedrooms, 3 bathrooms, roughly -- living square feet, and sits on an approximately 6,251 square foot lot. 1685 E 123Rd St was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $500,000. 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 57.98% lower than the current median priced home. Local homes that are currently for sale include 1201 W 54th St, 1201 W 54th St and 623 E 36th St. While the average home in Los Angeles, CA is selling in 96 days, 1685 E 123Rd St has a days on market of 21 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 1685 E 123Rd 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 1685 E 123Rd St

Public county record property details
Beds
4
Baths
2
Year built
1948
Sq. Ft.
1,528
Lot Size
6,250
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
103
APN
6149-026-029

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%)

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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.