NOT LISTED FOR SALE
2 Beds
2 Baths
2,644 Sq Ft
6,084 Sq Ft Lot

Last Sold February 19, 2016

Last sale price $675,000 $255 Per Sq Ft

30 Days on Market

About This Home

As of February 2016

We are pleased to present the subject property located at 1149 West 88th Street in Los Angeles,
California. The property is located between Budlong and South Vermont Avenues.

The property consists of four buildings. The three front buildings are all one story and constructed on raised foundations
with pitched roofs. The two-story rear building has four single garages in the back. This property also has gated entry.
1149 West 88th Street has a total of five units, all of which are one-bedroom/one-bath units. The property is in good
condition, and the buildings are separately metered for gas and electric.

Last Agent to Sell the Property

Steve Bogoyevac

Steven M. Bogoyevac, Broker License #01332755 Listed on: 12/14/2015

Last Buyer's Agent

Steve Bogoyevac

Steven M. Bogoyevac, Broker License #01332755 Listed on: 12/14/2015

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1941

Lot Details

  • 6,084 Sq Ft Lot
  • Two or More Common Walls

Parking

  • 4 Car Garage

Home Design

  • 2,644 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Listing and Financial Details

  • Tax Lot 033
  • Tax Tract Number 4
  • Assessor Parcel Number 6047004033

Community Details

Overview

  • 4 Buildings
  • 5 Units

Building Details

  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $925
  • Professional Management Expense $3,029
  • New Taxes Expense $10,908
  • Gross Income $5,204
  • Net Operating Income $4,339

Property Details

Home Type

Multi-Family

Year Built

Built in 1941

Lot Details

0

Parking

4

Listing Details

  • Professional Management Expense: 3029.00
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Property Type: Residential Income
  • Parcel Number: 6047004033
  • Year Built: 1941
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 255.30

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 8.00

Utilities

  • Utilities: Sewer Connected
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks

Lot Info

  • Lot Size Sq Ft: 6084.00
  • Price Per Lot Square Foot: 110.95
  • Lot Size Acres: 0.1400

Multi Family

  • Gross Income: 5204.00
  • Gross Scheduled Income: 62448.00
  • Insurance Expense: 925.00
  • Lot Size Area: 6084.0000 Square Feet
  • Net Operating Income: 4339.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 5
  • Operating Expense: 19238.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 10908.00
  • Tax Lot: 033
  • Tax Tract Number: 004

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

Property History

Date Event Price Change Sq Ft Price
02/19/2016 02/19/16 Sold $675,000 -8.8% $255 / Sq Ft
01/13/2016 01/13/16 Pending -- -- --
12/14/2015 12/14/15 For Sale $740,000 0.0% $280 / Sq Ft
12/28/2012 12/28/12 Rented $900 0.0% --
12/28/2012 12/28/12 Under Contract -- -- --
12/13/2012 12/13/12 For Rent $900 -- --
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW15262031

California Regional Multiple Listing Service (CRMLS)