625 E 120th St, Los Angeles, CA 90059
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625 E 120th St Los Angeles, CA 90059

$550,000 Sold Price as of 11/20/2019
  • 6 Beds
  • 3 Baths
  • 1,856 Sq.Ft.
Sold
$550,000 Sold Price as of 11/20/2019 Refinance Your Mortgage

Map preview of 625 E 120th St, Los Angeles, CA 90059

Property Overview: 625 E 120th St Los Angeles, CA has 6 bedrooms, 3 bathrooms, 1,856 living square feet and 5,446 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: EXCELLENT RESIDENTIAL INCOME OPPORTUNITY! EACH UNIT IS 2 BEDROOMS, 1 BATH ROOM, THE PROPERTY HAS BEEN WELL MAINTAINED. LARGE FRONT YARD WITH FULL FENCE AROUND THE PROPERTY. OPEN SPACE UNDERNEATH APARTMENT COMPLEX CAN BE USED FOR ADDITIONAL PARKING, LONG DRIVEWAY. NEAR MAGIC JOHNSON PARK, 105 FREEWAY AND 110 FREEWAY. COME AND SEE THEM!

Listed by Etelinda Ortez | BRE #01112514 | C-21 Jervis & Associates
Last checked: 4 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 14

Home details

Lot Sq. Ft
5,446
HOA Dues
$0/mo
Year built
1963
Garage
--
Property Type:
Triplex
Status
Sold
MLS#
RS19211821
City
Los Angeles
County
Los Angeles
Time on Site
1214 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 1
  • # of Electric Meters: 3
  • # of Gas Meters: 3
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # 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
  • Actual Rent: $1,400
  • Total Rent: $1,400
  • Pro Forma/Market Rent: $1,400
Unit Breakdown 3
  • # 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: $1,400
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $32,400
  • Net Operating Income: $24,400
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $8,000
  • Electric: $0
  • Gas/Fuel: $0
  • New Taxes: $6,000
  • Trash: $0
  • Insurance: $800
  • Water/Sewer: $1,200

Property Details for 625 E 120th St

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • No Laundry
  • None
Fireplace Information
  • No Fireplace
  • None
Interior Features
  • Levels: Two
Exterior Features
Exterior Information
  • Roof: Composition
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Driveway
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 3
  • Parcel Number: 6084006028
  • Year Built Source: Assessor
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: E AVALON BLVD/120TH ST.
Neighborhood Information
  • Community Features: Sidewalks
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Sale History for 625 E 120th St

Last sold for $550,000 on November 20th, 2019
  • November, 2019

  • Nov 21, 2019

    Date

    Sold

    CRMLS: RS19211821

    $550,000

    Price

  • Sep 20, 2019

    Date

    Pending

    CRMLS: RS19211821

    $569,900

    Price

  • Sep 5, 2019

    Date

    Active

    CRMLS: RS19211821

    $569,900

    Price

  • November, 2019

  • Nov 19, 2019

    Date

    Sold (Public Records)

    Public Records

    $550,000

    Price

  • May, 2003

  • May 30, 2003

    Date

    Sold (Public Records)

    Public Records

    $252,000

    Price

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Tax History for 625 E 120th St

Assessed Value (2020): $550,000
Year Land Value Improved Value Assessed Value
2020 $350,000 $200,000 $550,000

Home Value Compared to the Market

This property vs the competition

625 E 120th St sold on November 20, 2019 for 52.11% 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 $307.06 per/sqft which puts the price per square foot 59.33% lower than the current median sale per square foot for the city of Los Angeles.

About 625 E 120th St

Detailed summary of property

625 E 120th St is a triplex that recently sold in Los Angeles, CA 90059. This triplex offered 6 bedrooms, 3 bathrooms, roughly 1,856 living square feet, and sits on an approximately 5,446 square foot lot. 625 E 120th St was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $550,000. 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 52.11% lower than the current median priced home. Local homes that are currently for sale include 731 E 84th St, 1643 E 87th Pl and 845 E 80th St. While the average home in Los Angeles, CA is selling in 93 days, 625 E 120th St has a days on market of 14 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 625 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 625 E 120th St

Public county record property details
Beds
6
Baths
3
Year built
1963
Sq. Ft.
1,856
Lot Size
5,446
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
315
APN
6084-006-028

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
40
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.