R
Seller's Agent in 2025
Rene Cobian
Colonial Real Estate
(562) 824-0135
2 in this area
20 Total Sales
1041 W 88th St Los Angeles, CA 90044
Westmont Neighborhood
5
Beds
3
Baths
1,976
Sq Ft
9,131
Sq Ft Lot
Highlights
- No HOA
- Back and Front Yard
- 1-Story Property
- Laundry Room
About This Home
As of September 2025Excellent Opportunity in the Heart of South Los Angeles! Don't miss this exceptional opportunity featuring a beautifully remodeled duplex with two fully detached units on a spacious lot. Each unit has been thoughtfully upgraded with brand new flooring, modern kitchens with updated cabinetry and remodeled bathrooms. The expansive lot offers ample parking and allows for separate privacy between the units-ideal for multigenerational living or maximizing rental income. Located in a high-demand rental area with easy access to freeways, public transportation, and local amenities, this property is perfect for both investors and owner occupants. Potential ADU extra income makes this an even greater deal.
Last Agent to Sell the Property
Colonial Real Estate Brokerage Phone: 562-824-0135 License #01717535 Listed on: 06/20/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,554
Year Built
- Built in 1921
Lot Details
- 9,131 Sq Ft Lot
- No Common Walls
- Back and Front Yard
Home Design
- Duplex
- Entry on the 2nd floor
Interior Spaces
- 1,976 Sq Ft Home
- 1-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Bathrooms
Location
- Suburban Location
Listing and Financial Details
- Tax Lot 234
- Tax Tract Number 601
- Assessor Parcel Number 6047004047
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 2 Units
Building Details
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 2 Separate Water Meters
- Insurance Expense $2,040
- Water Sewer Expense $1,800
- Operating Expense $1,800
- Gross Income $24,000
- Net Operating Income $24,000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 20, 2025
Closed on
Sep 12, 2025
Sold by
Naranjo Ricardo and Naranjo Janeth Alatorre
Bought by
Nova Brenda L Garcia
Seller's Agent
Rene Cobian
Colonial Real Estate
Buyer's Agent
Wendy Castillo
C P Financial & C P Realty Inc
List Price
$799,000
Sold Price
$850,000
Premium/Discount to List
$51,000
6.38%
Views
24
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-98.00%
Original Mortgage
$807,500
Outstanding Balance
$807,500
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
-$21,451
Purchase Details
Closed on
May 2, 2017
Sold by
Zamora Hermlnio and Naranjo Pablo
Bought by
Alatorre Naranjo Ricardo and Alatorre De Naranjo Janeth
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$387,845
Interest Rate
3.87%
Mortgage Type
FHA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $850,000 | Pacific Coast Title | |
| Grant Deed | $395,000 | Corinthian Title Company |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $807,500 | New Conventional | |
| Previous Owner | $387,845 | FHA |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/16/2025 09/16/25 | Sold | $850,000 | +6.4% | $430 / Sq Ft |
| 08/22/2025 08/22/25 | For Sale | $799,000 | 0.0% | $404 / Sq Ft |
| 06/25/2025 06/25/25 | Pending | -- | -- | -- |
| 06/20/2025 06/20/25 | For Sale | $799,000 | +102.3% | $404 / Sq Ft |
| 10/23/2017 10/23/17 | Sold | $395,000 | 0.0% | $200 / Sq Ft |
| 04/24/2017 04/24/17 | Pending | -- | -- | -- |
| 01/24/2017 01/24/17 | For Sale | $395,000 | -- | $200 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $6,554 | $449,438 | $341,347 | $108,091 |
| 2024 | $6,554 | $440,626 | $334,654 | $105,972 |
| 2023 | $6,283 | $431,988 | $328,093 | $103,895 |
| 2022 | $6,011 | $423,518 | $321,660 | $101,858 |
| 2021 | $5,945 | $415,214 | $315,353 | $99,861 |
| 2020 | $5,986 | $410,958 | $312,120 | $98,838 |
| 2019 | $4,557 | $297,605 | $187,576 | $110,029 |
| 2018 | $4,391 | $291,771 | $183,899 | $107,872 |
| 2016 | $4,206 | $280,443 | $176,759 | $103,684 |
| 2015 | $4,146 | $276,231 | $174,104 | $102,127 |
| 2014 | $4,153 | $270,821 | $170,694 | $100,127 |
Source: Public Records
Agents Affiliated with this Home
-
Rene Cobian
-
Wendy Castillo
W
Buyer's Agent in 2025
Wendy Castillo
C P Financial & C P Realty Inc
(213) 454-1221
1 in this area
2 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: DW25139209
APN: 6047-004-047
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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