View Photos

2323 E 120th St Los Angeles, CA 90059

$525,000 Sold Price as of 08/20/2019

4 Beds
2 Baths
1,618 Sq.Ft.

Sold

$525,000 Sold Price as of 08/20/2019 Refinance Your Mortgage

Map preview of 2323 E 120th St, Los Angeles, CA 90059

Property Overview: 2323 E 120th St Los Angeles, CA has 4 bedrooms, 2 bathrooms, 1,618 living square feet and 14,709 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: EXCELLENT OPPORTUNITY for an INVESTOR or FIRST-TIME HOME BUYERS!!! Spacious 2 detached houses, 2 bedrooms 1 bathroom approximately 810 sqft each on a HUGE 14,659 sqft LOT. Newer Roof, windows and floors. Front house has a large front yard, large living room, nice kitchen, and two separate bedrooms, the back house has its own large rear yard. There is a 2 car garage (detached) between the 2 houses + additional storage on the back of the property, very wide and long driveway that can accommodate many cars or several medium-size trucks. Located on a great area near Martin Luther King Elementary school, Dr. Ralph Bunche Middle School, Mona Park, Faith and Hope Park and minutes to Plaza Mexico. Super easy access to Metro Line, the 105 Fwy - 710 Fwy, and 110 Fwy. The property does need some TLC to be Perfect!!!. NO RENT CONTROL zone!..

Listed by Carlos Ulloa | BRE #01802325 | Berkshire Hathaway H.S.C.P.
Co-listed by Ruben Mendoza | BRE #01920732 | Berkshire Hathaway H.S.C.P.

Last checked: 4 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 20

Home details

Lot Sq. Ft: 14,709
HOA Dues: $0/mo
Year built: 1935
Garage: 2 Car
Property Type:: Multi Family

Status: Sold
MLS#: DW19099137
City: Los Angeles
County: Los Angeles
Time on Site: 1214 days

Multi-Family Unit Breakdown

Unit Mix Summary

Total # of Units: 2
Total # of Buildings: 2
# of Leased Units: 2
# of Electric Meters: 0
# of Gas Meters: 0
# of Water Meters: 0

Unit Breakdown 1

# of Units: 1
# of Beds: 2
# of Baths: 1
Garage Spaces: 2
Garaged Attached? No
Furnishing: Unfurnished
Actual Rent: $1,200
Total Rent: $1,200
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: $1,100
Total Rent: $1,100
Pro Forma/Market Rent: $1,600

Multi-Family Income/Expense Information

Property Income and Analysis

Gross Rent Multiplier: --
Gross Scheduled Income: $33,600
Net Operating Income: $21,247
Gross Operating Income: --

Annual Expense Breakdown

Total Operating Expense: $12,353
Electric: $0
Gas/Fuel: $0
New Taxes: $8,713
Trash: $0
Insurance: $1,300
Water/Sewer: $2,340

Virtual Tour

Use the following link to view this property's virtual tour:

Virtual Tour URL (external link)

Property Details for 2323 E 120th St

Interior Features

Laundry Information

No Laundry
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: Lot 10000-19999 Sqft, Level, Park Nearby
Lot Size Source: Assessor

Property Information

Common Walls: No Common Walls
Total # of Units: 2
Parcel Number: 6150022017
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: South Mona Blvd W. on 120 th St

Neighborhood Information

Community Features: Sidewalks, Street Lights

View more facts & features

Local Los Angeles Agent

Sale History for 2323 E 120th St

Last sold for $525,000 on August 20th, 2019

August, 2019
Aug 20, 2019

Date

Sold

CRMLS: DW19099137

$525,000

Price
May 20, 2019

Date

Pending

CRMLS: DW19099137

$530,000

Price
May 1, 2019

Date

Active

CRMLS: DW19099137

$530,000

Price
August, 2019
Aug 20, 2019

Date

Sold (Public Records)

Public Records

$525,000

Price
October, 2006
Oct 13, 2006

Date

Sold (Public Records)

Public Records

$560,000

Price

Tax History for 2323 E 120th St

Assessed Value (2020): $525,000

Year	Land Value	Improved Value	Assessed Value
2020	$350,000	$175,000	$525,000

Home Value Compared to the Market

This property vs the competition

2323 E 120th St sold on August 20, 2019 for 55.46% 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 $327.56 per/sqft which puts the price per square foot 56.61% lower than the current median sale per square foot for the city of Los Angeles.

About 2323 E 120th St

Detailed summary of property

2323 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 1,618 living square feet, and sits on an approximately 14,709 square foot lot. 2323 E 120th St was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $525,000. 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 55.46% lower than the current median priced home. Local homes that are currently for sale include 1253 W 65th St, 700 W 53rd St and 1201 W 54th St. While the average home in Los Angeles, CA is selling in 93 days, 2323 E 120th St has a days on market of 20 days. There are currently 3618 homes for sale in the Los Angeles real estate market and 2437 of them are single family homes while 1084 of them are condos and 92 are townhomes. For more information on this home for sale at 2323 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 2323 E 120th St

Public county record property details

Beds: 4
Baths: 2
Year built: 1935
Sq. Ft.: 1,618
Lot Size: 14,659
Stories: --

Type: Duplex (2 Units, Any Combination)
Pool: No
Spa: No
County: Los Angeles
Lot#: 190,191
APN: 6150-022-017

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

$574,900

Median List Price/Sq.Ft.

$509

Median Sold Price

$690,000

Median Sold Price/Sq.Ft.

$650

Total Inventory

Median Sale to List Price %

99.28%

Avg Days on Market

Loan Type

Conventional (11.11%), FHA (55.56%), VA (11.11%), Cash (0%), Other (22.22%)

Thinking of Selling?

Is this your property?
Thinking of Selling?
Call, Text or Message

(714) 706-1823

Homes for Sale Near 2323 E 120th St

Nearby Homes for Sale

Recently Sold Homes Near 2323 E 120th St

$675,000 Last Sold Price

6 Beds

3 Baths

2441 Sq.Ft.

2230 E 120th St
Los Angeles, CA 90059

$725,000 Last Sold Price

3 Beds

2 Baths

1533 Sq.Ft.

2257 E 119th St
Los Angeles, CA 90059

$745,000 Last Sold Price

6 Beds

3 Baths

2448 Sq.Ft.

2223 E 119th St
Los Angeles, CA 90059

$710,000 Last Sold Price

12 Beds

8 Baths

2542 Sq.Ft.

2337 E 118th St
Los Angeles, CA 90059

Related Resources to 2323 E 120th St

New Listings in 90059

Popular Zip Codes

Popular Cities

Other Los Angeles Resources

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.