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Sold for $485,000 · Mar 2023

SOLD

Listed at $575,000

Sold

242 E 124th Street, Los Angeles, CA 90061

Los Angeles, CA

MLS# DW22259087

1,193 Sq Ft • Single Family Home3bd • 2ba
25 days on market

Listing Agent

Thomas Martin

Listing Agent

Thomas Glenn Martin

DRE #: 01957249

Brokerage: Thomas Glenn Martin

Property Details

3

Bedrooms

2

Bathrooms

1,193 sqft

Square Feet

1957

Year Built

4,996 sqft

Lot Size

$407

Price/Sq Ft

2

Garage Spaces

N/A

HOA

Single Family Home

Property Type

Description

Perfect investor opportunity or create your dream home! Lots of potential here in this 3 bedroom / 2 bath family home with backyard pool. Centrally located near schools, shopping, restaurants, LAX, fwys & beaches. Property sold AS IS and NO court confirmation required for this sale. Buyer will assume the current forced eviction of occupant.

Listing description from the March 2023 sale, as reported to CRMLS.

Facts & Features

Details

Stories
1
Pool
Yes
Cooling
None
Heating
Central

Sale history for 242 E 124th Street

1 recorded sale

$485,000
Sold March 2023 · listed $575,000, on market December 2022, 25 days on market · MLS #DW22259087 · Source: CRMLS
Listing Agent: Thomas Martin · Listing Office: Thomas Glenn Martin · Contact: tom@martins-realty.com · Bought with: Beatriz Godoy · HomeSmart, Evergreen Realty

How this sale compares

242 E 124th Street sold for $485,000 in March 2023, 16% under its $575,000 list price, after 25 days on the market. That works out to $407 per square foot on 1,193 square feet. Across 51 closed sales in 90061 over the last 12 months, the median sold price is $635,000 and the median is $465 per square foot, 14% above this sale's $407.

$407
This sale, per sq ft
$465
90061 median per sq ft (12 mo)
$635,000
90061 median sold price (12 mo)
51
Closed sales in 90061 (12 mo)
25
Days on market
−16%
Sold vs. list price
QuarterClosed sales in 90061Median sold price
Q1 20265$655,000
Q2 202621$581,000
Q3 202619$665,000
Q4 20266$620,000

Figures are MLS-reported closed sales (CRMLS); ZIP medians cover the last 12 months. Nalren does not estimate values. Recently sold in Los Angeles · Homes for sale in 90061

Recent sales near 242 E 124th Street

Closed sales reported in 90061, nearest first, last 12 months. All recent sales in Los Angeles →

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CRMLS

MLS# DW22259087

Listed: 12/23/2022

© 2026 California Regional Multiple Listing Service, Inc. Based on information from the California Regional Multiple Listing Service, Inc. as of 3/8/2023. 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 deemed reliable but is not guaranteed accurate by the MLS.

IDX information is provided exclusively for consumers' personal, non-commercial use. Information is deemed reliable but not guaranteed. Buyer should independently verify all information.

Listed by: Thomas Glenn Martin

Equal Housing Opportunity

Advertising Broker: Nalren Corp (CA DRE #02423715)

Licensed in the state of California

Nalren Corp (CA DRE #02423715) is the Advertising Broker for this IDX display. We are not the listing broker for this property. The listing broker/agent information is shown above. Contact the listing agent for inquiries.