NOT LISTED FOR SALE

1147 E 87th Place Los Angeles, CA 90002

Estimated Value: $796,000 - $859,000

4 Beds
2 Baths
1,408 Sq Ft
$593/Sq Ft Est. Value

Last Sold December 18, 2024

Last sale price $835,000 $593 Per Sq Ft

Current estimated payment $4,469/month

5 Days on Market

Highlights

  • Living Room
  • Central Heating and Cooling System
  • 1-Story Property

About This Home

As of December 2024

Fully remodeled property- inside and out!!** 2 Units on a Large Lot of 5,076 SQFT with 1,408 SQFT of living area with 1 car garage for each unit. Both units are completely rehabbed. Each unit offers 2 bedrooms and 1 bathroom. The newly remodeled living room has an open floor plan. Brand-New Kitchens comes with NEW Cabinets and quartz countertops. Appliances are included for each unit: Stove, Refrigerator and Microwave. The bedrooms and bathrooms are completely new in both units - thy are freshly painted with laminate flooring and double panel windows throughout the house. Each unit has their own central HVAC system and tankless water heater. The front yard has artificial grass with an iron fence and the security gates are in the front and backyard. There is a large backyard which is perfect for hosting BBQ's & get-togethers!. Both garages have access from the back & there is plenty of parking space too.

Last Agent to Sell the Property

Christian Limon

Century 21 A Better Service Brokerage Phone: 562-244-8211 License #01182471 Listed on: 09/26/2024

Century 21 A Better Service

Last Buyer's Agent

Eduardo Morales

Big Block Powerhouse Realty License #01774758

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1928

Lot Details

  • 5,076 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Parking

  • 2 Open Parking Spaces
  • 2 Car Garage

Home Design

  • Duplex
  • Entry on the 1st floor

Interior Spaces

  • 1,408 Sq Ft Home
  • 1-Story Property
  • Living Room

Kitchen

  • Gas and Electric Range
  • Range Hood
  • Microwave

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Location

  • Urban Location

Utilities

  • Central Heating and Cooling System
  • Sewer Paid

Listing and Financial Details

  • Tenant pays for all utilities
  • Tax Lot 114
  • Tax Tract Number 7421
  • Assessor Parcel Number 6043002029

Community Details

Overview

  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Gross Income $67,200

Property Details

Home Type

Multi-Family

Year Built

Built in 1928

Lot Details

0

Parking

2

Listing Details

  • Property Attached: Yes
  • Zoning: LCR2YY
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 6043002029
  • Year Built: 1928
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Appliances: Yes
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 593.04
  • Room Type: All Bedrooms Down, Kitchen, Living Room, Primary Bedroom

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: No
  • Appliances: Gas & Electric Range, Microwave, Range Hood, Refrigerator
  • Heating Type: Central
  • Sewer: Public Sewer, Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5076.00
  • Lot Size Acres: 0.1165

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Gross Income: 67200.00
  • Lot Size Area: 5076.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Number With Range: 2
  • Number With Refrigerator: 2
  • Rent Control: Yes
  • Total Actual Rent: 67200.00

Tax Info

  • Tax Census Tract: 5351.02
  • Tax Lot: 114
  • Tax Tract Number: 7421

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 9, 2024
Sold by
Kingdom Builders Properties Llc
Bought by
Cortez Maria M Rivas
Current Estimated Value
$835,054

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$819,876
Interest Rate
6.79%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 10, 2024
Sold by
Aubert Cornelius W and Aubert Bessie
Bought by
Kingdom Builders Prop Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$514,400
Interest Rate
7.17%
Mortgage Type
Construction
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
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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
Cortez Maria M Rivas $835,000 Wfg National Title
Kingdom Builders Prop Llc $460,000 Orange Coast Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cortez Maria M Rivas $819,876
Previous Owner Kingdom Builders Prop Llc $514,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/18/2024 12/18/24 Sold $835,000 +1.2% $593 / Sq Ft
10/01/2024 10/01/24 Pending -- -- --
09/26/2024 09/26/24 For Sale $825,000 -- $586 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $1,597 $835,000 $500,000 $335,000
2024 $1,597 $29,979 $14,150 $15,829
2023 $1,413 $29,392 $13,873 $15,519
2022 $1,383 $28,816 $13,601 $15,215
2021 $1,363 $28,252 $13,335 $14,917
2019 $1,339 $27,657 $12,941 $14,716
2018 $1,279 $27,121 $12,688 $14,433
2016 $1,224 $25,840 $12,197 $13,643
2015 $1,212 $25,453 $12,014 $13,439
2014 $1,220 $24,955 $11,779 $13,176
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW24200376

California Regional Multiple Listing Service (CRMLS)

APN: 6043-002-029

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