1601 W 12th Street

House in Pico Union
Active

1601 West 12th Street, Los Angeles, CA 90015

$120,000
 for Sale at 1601 West 12th Street, Los Angeles, CA 90015

12

 for Sale at 1601 West 12th Street, Los Angeles, CA 90015
 for Sale at 1601 West 12th Street, Los Angeles, CA 90015
 for Sale at 1601 West 12th Street, Los Angeles, CA 90015
$120,000
Loft
Bath
Half Bath
Ft²
$/ft²
Acres
Cap Rate
Est. Monthly
Cap Rate
Est. Monthly
$589
Great Opportunity to be your own boss , this Minimarket was established over 33 years ago and giving great revenues, located in  Great visibility area with a lot of big multifamily buildings around, this Minimarket has Beer license , water purifier ,ATM machine ,lottery tickets ,Wire Money and EBT it's very busy place with a a lot of recurrent customers, make it yours.

LISTING AGENT


Building Info

Overview

This property was built in 1901.

General

  • Year Built

    1901
  • Actual Year Built

    1901
  • Total Rooms

    0.00
  • Bedroom Count

    4
  • Bathroom Count

    1.00
  • Full Bathrooms

    1.00
  • Partial Bathrooms

    0.00
  • Bathroom Fixture Number

    0.00
  • Building Condition

    0
  • Building Quality

    7
  • Construction Type

    0
  • Building Style

    0
  • Exterior Walls Type

    17
  • Interior Walls Type

    0
  • Roof Shape Type

    1
  • Roof Cover Type

    16
  • Floor Count

    1
  • Living Units

    2.00
  • Business/Commerical Units Count

    0.00
  • Floor Cover

    0
  • Basement Type

    0
  • Basement Area

    0.00
  • Garage Type

    0
  • Garage Square Area

    0.00
  • Parking Space Count

    0.00
  • Patio Type

    0
  • Porch Type

    0
  • Pool Type

    0

Dimensions

  • Lot Size Square Feet

    6,246
  • Lot Size Depth Feet

    0
  • Total Building Area

    2,867
  • Gross Building Area

    2,867
  • Building Area

    2,867
  • Building Area Source

    T

Heating

  • Fireplace Count

    1.00
  • Air Conditioning Type

    0
  • Heat Code

    0
  • Heating Fuel Type

    0

Codes

  • Sewer System

    0
  • Water Service Type

    0

Building

Building codes and types
  • Building Type

    4
  • Property Class ID

    C
  • Subdivision

    WILLIAMSON TRACT
  • Land Acres

    0.143
  • Standard Land Use Code

    2044
  • County Land Use Code

    1210
  • Legal Description 1

    WILLIAMSON TRACT LOT 26 BLK 3

Neighborhood

Community district, city council district, police precinct, and more.
  • School District Name

    Los Angeles Unified School District
  • Census Tract

    209820

Zoning

The zoning code for this property is LARD1.5.
  • Zoning

    LARD1.5

Geography

The property is located in zip code 90015.
  • Parcel

    5137-026-032
  • Block

    3
  • Lot

    26
  • Latitude

    34.0465
  • Longitude

    -118.276

Address

  • Full Address

    1601 W 12th St
  • Address - House Number

    1601
  • Street Direction

    W
  • Address - Street Name

    12th
  • Address - Suffix Type

    St
  • State

    CA
  • City Name

    Los Angeles
  • Carrier Code

    C055
  • 4-Digit Zip Code

    1903
  • Zip Code

    90015

Valuation

The assessed value of this property is $756,652.
  • Timestamp

    May 18, 2020
  • UCID Flag

    C
  • Total Area

    0.00
  • Standard Deviation

    0

Tax

  • Tax Year

    2019
  • Tax Amount

    $9,403
  • Tax Rate Code Area

    0-036

Open Liens

  • Total Open Liens

    2
  • Total Open Liens Amount

    $538,750

Market Valuation

  • Market Total Value

    $0
  • Market Land Value

    $0
  • Market Improvement Value

    $0

Appraisal Valuation

  • Valuation Date

    Jan 01, 1901
  • Confidence Score

    0
  • Final Value

    0.00
  • High Value

    0.00
  • Low Value

    0.00

Assessments Valuation

  • Assessed Year

    2019
  • Assessed Total Value

    $756,652
  • Assessed Land Value

    $564,489
  • Assessed Improvements Value

    $192,163

Sales

  • Current Sale Contract Date

    20040319
  • Current Sale Recording Date

    20040603
  • Current Sale Transaction ID

    1032162274
  • Current Sales Price

    $400,000
  • Current Sale Document Type

    39
  • Current Sale Input Document Number

    04-1422993

Mortgages

  • First Current Mortgage Lender

    SAEHAN BANK
  • First Current Mortgage Transaction Date

    20040603
  • First Current Mortgage Financing Type

    VAR
  • First Current Mortgage Loan Amount

    $340,000
  • First Current Mortgage Terms

    360
  • First Current Mortgage Loan Type

    21
  • Second Current Mortgage Loan Amount

    $0
  • Second Current Mortgage Terms

    0

Open Lien Mortgages

  • First Open Lien Mortgage Lender

    METWEST COMMERCIAL LENDER INC
  • First Open Lien Mortgage Recording Date

    20070629
  • First Open Lien Mortgage Loan Amount

    $483,750
  • First Open Lien Mortgage Term

    300
  • First Open Lien Mortgage Position

    1
  • First Open Lien Mortgage Loan Type

    21
  • First Open Lien Mortgage Loan Due Date

    20320701
  • Second Open Lien Mortgage Lender

    ESTELA ESCOBAR ESPINOZA
  • Second Open Lien Mortgage Recording Date

    20151229
  • Second Open Lien Mortgage Loan Amount

    $55,000
  • Second Open Lien Mortgage Term

    360
  • Second Open Lien Mortgage Position

    2
  • Second Open Lien Mortgage Loan Type

    21
  • Second Open Lien Mortgage Private Lender

    T
  • Third Open Lien Mortgage Loan Amount

    $0
  • Third Open Lien Mortgage Term

    0
  • Third Open Lien Mortgage Position

    0
  • Fourth Open Lien Mortgage Loan Amount

    $0
  • Fourth Open Lien Mortgage Term

    0
  • Fourth Open Lien Mortgage Position

    0

Previous Mortgages

  • Previous Mortgage Loan Amount

    $0
  • Previous Mortgage Term

    0

Ownership

Current Owner

Mendez Eugenio

Previous Owner

Chong Hyo Chul

Price History

Date/EventEventPrice
Oct 14, 2022 RelistedRelisted$120,000
Sep 3, 2022 In contractIn contract-
Feb 25, 2022 Listed by first family homesListed by first family homes$120,000

Property Analysis

Cap Rate Analysis

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
IncomePer Year
$15,900
ExpensesPer Year
$0
Operating ProfitPer Year
$15,900
Cap rate
13.25%

Price Estimate

$139,000$121,200$103,400
20222023202420252026
Current Asking Price

$120,000

HopScore Market Price

$121,200

The current asking price is $1,200 below the HopScore market price.

Comparables

Unit
Status
TypeBedsBathsft²
Price/ft²
Price
Common Charges

Payment Calculator



Neighborhood

About Pico Union

Stats & Trends

The median asking price in Pico Union is $1,499,000.
  • Median Asking

    $1,499,000
  • Sale Price/ft²

    $811.91
  • Below Asking

    0.02%
  • Days on Market

    59

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1601 West 12th Street in Los Angeles, CA was first built in 1901 and is 122 years old. This has been categorized as a commercial property type. It is a single story home. There are a total of 0 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there is only one bathroom. In total, the area measurement of the land is 6,246 square feet.

Learn more about the property and building on this page. The building type has been coded as 4. The code stands for buildings that have wood or wood and steel frames.. The home has a gable style roof made of roll composition. The quality of the control joints have been graded...

1601 West 12th Street, Los Angeles, CA 90015


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