NOT LISTED FOR SALE

1102 W 88th St Los Angeles, CA 90044

Estimated Value: $1,549,755 - $1,861,000

13 Beds
8 Baths
6,444 Sq Ft
$265/Sq Ft Est. Value

Last Sold April 01, 2015

Last sale price $835,000 $130 Per Sq Ft

Est. 104% increase in value since last sale

Current estimated payment $10,415/month

4 Days on Market

About This Home

As of April 2015

Great potential income. A diamond in the rough. This property has three buildings that holds 7 units and a detached house. The house has two bedrooms/ one bathroom center hall, plenty of closet space, living rm and dining area w/ fireplace; a large kitchen w/ laundry porch. Second building has 4 units, each has 2 bedrms. and 1 bathrm. The third building has three units, each has 1 bedrm. and 1 bathrm. Property has a laundry room, storage, covered garages, and additional parking in the front of the building. Property is situated in the county of LA. No rent control.

Last Agent to Sell the Property

Katherine Henderson

eXp Realty of Southern California, Inc. License #01206491 Listed on: 02/16/2015

eXp Realty of Southern California, Inc.

Last Buyer's Agent

Katherine Henderson

eXp Realty of Southern California, Inc. License #01206491 Listed on: 02/16/2015

eXp Realty of Southern California, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,057

Year Built

  • Built in 1959

Lot Details

  • 9,123

Parking

  • Unassigned Parking

Home Design

  • 6,444 Sq Ft Home

Bedrooms and Bathrooms

  • 13 Bedrooms
  • 8 Bathrooms

Utilities

  • Central Heating
  • Sewer in Street

Additional Features

  • Balcony
  • 9,123 Sq Ft Lot

Community Details

  • 2 Buildings
  • 8 Units

Listing and Financial Details

  • Assessor Parcel Number 6047-009-012

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,057

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Living Area: 6444
  • Year Built: 1959
  • Number Of Photos: 9
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Flooring: Mixed
  • Bedrooms: 13
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 8.00
  • Den: 0
  • Price Per S Q F T: 128.03

Exterior Features

  • Tennis Court Y/N: No
  • Patio: Balcony
  • Pool: No
  • View: No

Garage/Parking

  • Parking Garage: Unassigned

Utilities

  • Heating: Central
  • Sewer: In Street

Lot Info

  • Assessed Improvement Value: 87775
  • Assessed Land Value: 20775
  • Assessor Parcel Number: 6047-009-012
  • Geocode Override: No
  • Lot Size Area: 9123

Rental Info

  • Land Lease Type: Fee

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110, 2111, 2112, 2113
  • Number Of Units: 8
  • Rent Control: 0
  • Total Annual Expense: 0
  • Type Of Units: Income
  • Vacancy Rate: 95

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 12, 2017
Sold by
Heffesse Cyril and Heffesse Max
Bought by
Telesto Asset Holdings Llc
Current Estimated Value
$1,705,378

Purchase Details

Listed on
Feb 16, 2015
Closed on
Mar 23, 2015
Sold by
Lhw Llc
Bought by
Heffesse Cyril and Heffesse Max
Seller's Agent
Katherine Henderson
eXp Realty of Southern California, Inc.
Buyer's Agent
Katherine Henderson
eXp Realty of Southern California, Inc.
List Price
$810,000
Sold Price
$835,000
Premium/Discount to List
$25,000
3.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.02%

Purchase Details

Closed on
Jan 14, 2013
Sold by
White Lester H
Bought by
Lhw Llc

Purchase Details

Closed on
Jan 6, 2006
Sold by
Vargas Juan Perez and Perez Maria
Bought by
Vargas Juan Perez

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
1%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Telesto Asset Holdings Llc -- None Available
Heffesse Cyril $835,000 Title 365
Lhw Llc -- None Available
Vargas Juan Perez -- Security Union Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vargas Juan Perez $280,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/01/2015 04/01/15 Sold $835,000 +3.1% $130 / Sq Ft
02/20/2015 02/20/15 Pending -- -- --
02/16/2015 02/16/15 For Sale $810,000 -- $126 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

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 $16,057 $1,003,535 $522,798 $480,737
2024 $16,057 $983,859 $512,548 $471,311
2023 $15,492 $964,569 $502,499 $462,070
2022 $14,876 $945,657 $492,647 $453,010
2021 $14,740 $927,116 $482,988 $444,128
2020 $14,832 $917,611 $478,036 $439,575
2019 $14,351 $899,619 $468,663 $430,956
2018 $14,116 $881,980 $459,474 $422,506
2016 $13,424 $847,733 $441,633 $406,100
2015 $4,771 $110,718 $21,190 $89,528
2014 $4,806 $108,550 $20,775 $87,775
Source: Public Records

Agents Affiliated with this Home

  • Katherine Henderson

    Seller's Agent in 2015

    Katherine Henderson

    eXp Realty of Southern California, Inc.

    (323) 997-0072

    17 Total Sales

    Katherine Henderson
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Map

Source: The MLS

MLS Number: 15-880713

The MLS

APN: 6047-009-012

California Los Angeles County Los Angeles 90044

1102 W 88th St, Los Angeles, CA

This home is located at 1102 W 88th St, Los Angeles, CA 90044 since 16 February 2015 and is currently estimated at $1,705,378, approximately $264 per square foot. This property was built in 1959. 1102 W 88th St is a home located in Los Angeles County with nearby schools including Manchester Avenue Elementary School, Horace Mann Ucla Community, and Bret Harte Preparatory Middle School.

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