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Sold for $693,000
  • Listed by: Coldwell Banker Envision • Terrance McMillan • Contact: 909-983-9933
    Bought with: Supreme Realty
    $693,000

    329 W 121st St, Los Angeles, CA 90061

    4beds
    2,138sqft
    Single Family Residence
    Built in 1928
    8,166 Square Feet Lot
    $968,700 Zestimate®
    $324/sqft
    $4,354 Estimated rent

    Home value

    $968,700

    $901,000 - $1.05M

    $4,354/mo

    Zestimate® history
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    What's special

    Attention all investors and buyers! Here's a golden opportunity you don't want to miss out on. This home sits on a lot that is zoned for a duplex (owner tore down back unit 1 bed and 1 bath). Priced to sell quickly, this property is over 1300 sq.ft (torn down back unit accounted for the remaining square footage) and offers vast potential for visionary investors. With zoning for LCR2, there's room for an extra unit on the lot, offering you a chance to maximize your returns. The front house, subject of our sale, has been totally renovated and it's looking fantastic. It offers 3 well-sized bedrooms and 2 modern bathrooms. The open floor plan is sure to draw renters in with its bright and spacious feel, accentuated by vinyl plank flooring and carpeted bedrooms. The kitchen boast ample cabinet space, gleaming granite countertops, recessed lighting, and sleek stainless steel appliances. The spacious bedrooms have ceiling fans to keep occupants cool during warmer months. A dedicated laundry room provides convenience for a side-by-side washer and dryer , located near the back exit door. Picture yourself settling in the family room on a cold winter day, with a cozy fireplace to keep you warm. The house underwent major renovations a few years ago, including a new roof, a 2-car detached garage, new plumbing, and new wiring, which means you won't have to worry about costly infrastructure updates anytime soon. Outside, the large gated front yard provides privacy and safety, and the stucco exterior has been refreshed to enhance curb appeal. Newly installed energy-efficient dual pane windows contribute to cost savings over the long run. The property is ideally located, close to major freeways such as the 110, 105, 405, and 91. This home is a short driving distance from Sofi-Stadium, LAX, LA Clippers new Intuit Dome, Cypto.com area, and Downtown LA. School, shopping centers, and public transportation are all conveniently close, enhancing the property's desirability. Buyers and or Investors you must see this home and the expansive lot to fully understand the scope of potential it offers. Rebuilding the back unit could unlock a steady stream of income, providing you with a fantastic return on your investment. Don't miss out on this promising investment opportunity!

    Zillow last checked:

    Listing updated:

    Listed by:

    Terrance McMillan DRE #01776489 909-983-9933,

    Coldwell Banker Envision

    Bought with:

    Oracio Carrillo, DRE #01826105

    Supreme Realty

    Source: CRMLS,MLS#: CV23106973MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 3
    • Main level bathrooms: 2
    • Main level bedrooms: 3
    Rooms
    • Room types: Kitchen, Laundry, Living Room, Primary Bedroom
    Primary bedroom
    • Features: Main Level Primary
    Kitchen
    • Features: Granite Counters
    Heating
    • Central
    Cooling
    • None
    Appliances
    • Included: Dishwasher, Gas Oven, Gas Range, Microwave
    • Laundry: Laundry Room
    Features
    • Main Level Primary
    • Flooring: Tile, Vinyl
    • Has fireplace: Yes
    • Fireplace features: Family Room
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total interior livable area: 2,138 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Concrete, Driveway, Garage
    • Garage spaces: 2
    Features
    • Levels: One
    • Stories: 1
    • Entry location: 1
    • Pool features: None
    • Spa features: None
    • Has view: Yes
    • View description: None
    Lot
    • Size: 8,166 Square Feet
    • Features: 0-1 Unit/Acre
    Details
    • Parcel number: 6132024021
    • Zoning: LCR2*
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Foundation: Block
    • Roof: Shingle
    Condition
    • New construction: No
    • Year built: 1928

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Sidewalks
    • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
    Location
    • Region: Los Angeles

    Financial & listing details

    • Price per square foot: $324/sqft
    • Tax assessed value: $706,860
    • Annual tax amount: $9,784
    • Date on market: 6/17/2023
    • Cumulative days on market: 38 days
    • Listing terms: Cash,Conventional,1031 Exchange,FHA,VA Loan

    Price history

    DateEventPrice
    10/11/2023Sold$693,000+0.4%$324/sqft
    Source: CRMLS #CV23106973 Report a problem
    10/6/2023Pending sale$690,000$323/sqft
    Source: CRMLS #CV23106973 Report a problem
    7/25/2023Contingent$690,000$323/sqft
    Source: CRMLS #CV23106973 Report a problem
    6/17/2023Listed for sale$690,000$323/sqft
    Source: CRMLS #CV23106973 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$9,784 +2.1%$706,860 +2%
    2024$9,580 +26.9%$693,000 +29.3%
    2023$7,549 +4.7%$536,098 +2%
    2022$7,209 +1.2%$525,587 +2%
    2021$7,125 -0.7%$515,283 +1%
    2020$7,176 $510,000 +1176.8%
    2019$7,176 +384.3%$39,944 +2%
    2018$1,482 $39,161 +2%
    2017$1,482 +1.5%$38,395 +2%
    2016$1,460 +3.6%$37,644 +1.5%
    2015$1,409 +0.3%$37,080 +2%
    2014$1,405 $36,354 +2.5%
    2012-- $35,482 +2.8%
    2010-- $34,528 -0.2%
    2009-- $34,611 +6.1%
    2006-- $32,618 +6%
    2003-- $30,779 +2%
    2002-- $30,176 +4%
    2000-- $29,006
    Find assessor info on the county website

    Neighborhood: 90061

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $968,700
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $968,700