NOT LISTED FOR SALE

1130 E 87th Place Los Angeles, CA 90002

Estimated Value: $947,000 - $1,271,536

10 Beds
6 Baths
3,525 Sq Ft
$308/Sq Ft Est. Value

Last Sold April 07, 2021

Last sale price $920,000 $261 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $6,759/month

23 Days on Market

Highlights

  • No HOA
  • Central Heating
  • Turnkey
  • Laundry Room
  • 3 Car Garage
  • Wood Fence

About This Home

As of April 2021

Built in 2018 duplex each unit with 5 bed 3 bath. Great rental property. It is currently rented, but will be vacant before the close of the escrow.

Last Agent to Sell the Property

Chris Lim

Bestway Realty License #01412845 Listed on: 10/27/2020

Last Buyer's Agent

Justin Bae

Bestway Realty License #01887750

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2018

Lot Details

  • 5,279 Sq Ft Lot
  • 1 Common Wall
  • Wood Fence
  • Density is 2-5 Units/Acre

Parking

  • 3 Car Garage
  • Parking Available

Home Design

  • Duplex
  • Turnkey
  • Shingle Roof

Interior Spaces

  • 3,525 Sq Ft Home
  • 2-Story Property
  • Carpet

Kitchen

  • Gas Oven
  • Gas Range

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 6 Bathrooms

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Utilities

  • Central Heating

Listing and Financial Details

  • Tenant pays for all utilities
  • Tax Lot 161
  • Tax Tract Number 7421
  • Assessor Parcel Number 6043003009

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,000
  • New Taxes Expense $11,750
  • Operating Expense $12,750
  • Gross Income $70,800
  • Net Operating Income $70,800

Property Details

Home Type

Multi-Family

Year Built

Built in 2018

Lot Details

0

Parking

3

Listing Details

  • Property Attached: Yes
  • View: No
  • Zoning: LCR2*
  • Property Condition: Turnkey
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 6043003009
  • Year Built: 2018
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Flooring: Carpet
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 260.99

Exterior Features

  • Fence: Yes
  • Fencing: Wood
  • Pool Private: No
  • Roof: Shingle
  • Spa: No

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Oven, Gas Range, Refrigerator
  • Heating Type: Central
  • Laundry Features: Gas & Electric Dryer Hookup, Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 5279.00
  • Lot Size Acres: 0.1212

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Gross Income: 70800.00
  • Gross Scheduled Income: 70800.00
  • Insurance Expense: 1000.00
  • Lot Size Area: 5279.0000 Square Feet
  • Net Operating Income: 70800.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 1000.00
  • Rent Control: No
  • Total Expenses: 12750.00

Tax Info

  • New Taxes Expense: 11750.00
  • Tax Census Tract: 5351.02
  • Tax Lot: 161
  • Tax Tract Number: 7421

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 14, 2025
Sold by
Nam Helen H
Bought by
Lim Chris S
Current Estimated Value
$1,085,384

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Outstanding Balance
$299,482
Interest Rate
6.75%
Mortgage Type
Seller Take Back
Estimated Equity
$785,902

Purchase Details

Closed on
Aug 12, 2025
Sold by
Lee Brandon
Bought by
Lim Chris S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Outstanding Balance
$299,482
Interest Rate
6.75%
Mortgage Type
Seller Take Back
Estimated Equity
$785,902

Purchase Details

Closed on
May 29, 2018
Sold by
Casa Real Properties Llc
Bought by
Kang Scott and Yoon Hye Jin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$580,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 24, 2016
Closed on
Nov 15, 2016
Sold by
Clark Mary L and The Iola Sherman Givens Whiteh
Bought by
Casa Real Properties Llc
Seller's Agent
Dawn Wiley
Vinson's Realty
Buyer's Agent
Vera Vinson
Vinson's Realty
List Price
$275,000
Sold Price
$251,750
Premium/Discount to List
-$23,250
-8.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.50%
Original Mortgage
$188,813
Interest Rate
3.57%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jun 21, 2005
Sold by
Whitehead Iola Sherman Givens
Bought by
Whitehead Iola Sherman Givens and The Iola Sherman Givens Whiteh
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lim Chris S -- Provident Title
Lim Chris S $559,000 Provident Title
Kang Scott $800,000 Old Republic Title
Casa Real Properties Llc -- Old Republic Title Company
Whitehead Iola Sherman Givens -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lim Chris S $300,000
Previous Owner Kang Scott $580,000
Previous Owner Casa Real Properties Llc $188,813
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/07/2021 04/07/21 Sold $920,000 -2.1% $261 / Sq Ft
01/10/2021 01/10/21 For Sale $940,000 +2.2% $267 / Sq Ft
11/19/2020 11/19/20 Off Market $920,000 -- --
11/19/2020 11/19/20 Pending -- -- --
10/27/2020 10/27/20 For Sale $940,000 +273.4% $267 / Sq Ft
12/23/2016 12/23/16 Sold $251,750 0.0% $283 / Sq Ft View Prior Sale
11/10/2016 11/10/16 Pending -- -- --
09/21/2016 09/21/16 Off Market $251,750 -- --
08/24/2016 08/24/16 For Sale $275,000 -- $309 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $13,001 $995,837 $454,621 $541,216
2024 $13,001 $976,311 $445,707 $530,604
2023 $12,610 $957,168 $436,968 $520,200
2022 $12,011 $938,400 $428,400 $510,000
2021 $10,947 $840,942 $262,794 $578,148
2020 $11,032 $832,320 $260,100 $572,220
2019 $10,607 $816,000 $255,000 $561,000
2018 $3,687 $257,040 $205,632 $51,408
2016 $771 $21,287 $12,197 $9,090
2015 $761 $20,968 $12,014 $8,954
2014 $764 $20,558 $11,779 $8,779
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW20227082

California Regional Multiple Listing Service (CRMLS)

APN: 6043-003-009