Seller's Agent in 2024
Martha Carrasco
Pinnacle Estate Properties
(818) 491-4500
1 in this area
67 Total Sales
1155 W 87th St Los Angeles, CA 90044
Estimated Value: $730,986 - $789,000
3
Beds
3
Baths
1,478
Sq Ft
$507/Sq Ft
Est. Value
Highlights
- No HOA
- Wrought Iron Fence
- 1-Story Property
- Neighborhood Views
- Wall Furnace
About This Home
As of June 2024Welcome to your prime investment opportunity nestled in the vibrant heart of Southwest LA. Positioned west of Vermont Ave and south of Manchester Ave, this enchanting triplex boasts Spanish-style architecture, promising both timeless charm and modern appeal. Comprising three captivating 1 Bedroom & 1 Bathroom units, this property presents a compelling prospect for investors seeking both stability and growth. Unit 1, situated at the front of the triplex, awaits its next tenant, offering a blank canvas for your vision. The front units have undergone a complete transformation, featuring new laminate flooring, fresh interior paint, sleek quartz countertops, and upgraded fixtures including new toilets and bathroom vanities. With clay tile roofing and efficient wall heaters, each unit embodies quality craftsmanship and attention to detail. Strategically located, this property grants easy access to a myriad of amenities, including banks, schools, shopping centers, restaurants, and hospitals, ensuring unparalleled convenience and comfort for tenants.
Whether you're a seasoned investor or embarking on your first foray into real estate, this triplex presents an unmissable opportunity to capitalize on the thriving Southwest LA market. Don't let this chance slip away—unlock the potential for lucrative returns on your investment today.
Last Agent to Sell the Property
Pinnacle Estate Properties Brokerage Phone: 818-723-0496 License #01734066 Listed on: 05/10/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,731
Year Built
- Built in 1917
Lot Details
- 6,617 Sq Ft Lot
- 1 Common Wall
- Wrought Iron Fence
- Density is 2-5 Units/Acre
Home Design
- Triplex
Interior Spaces
- 1,478 Sq Ft Home
- 1-Story Property
- Neighborhood Views
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Bathrooms
Outdoor Features
- Exterior Lighting
- Rain Gutters
Additional Features
- Urban Location
- Wall Furnace
Listing and Financial Details
- Tenant pays for all utilities
- Tax Lot 96
- Assessor Parcel Number 6047003012
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 3 Units
Building Details
- 2 Leased Units
- Rent Control
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $1,600
- Trash Expense $1,000
- Water Sewer Expense $2,600
- New Taxes Expense $9,375
- Operating Expense $13,575
- Gross Income $43,704
- Net Operating Income $62,504
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 10, 2024
Closed on
Jun 11, 2024
Sold by
Verastegui Carla
Bought by
Verastegui Anthony Alex
Seller's Agent
Martha Carrasco
Pinnacle Estate Properties
Buyer's Agent
Jorge Mora
Keller Williams Pacific Estate
List Price
$749,000
Sold Price
$740,000
Premium/Discount to List
-$9,000
-1.2%
Views
43
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,747
Avg. Annual Appreciation
0.87%
Original Mortgage
$703,000
Outstanding Balance
$694,367
Interest Rate
7.22%
Mortgage Type
New Conventional
Estimated Equity
$54,380
Purchase Details
Listed on
May 10, 2024
Closed on
Jun 7, 2024
Sold by
Verastegui Carla
Bought by
Verastegui Anthony Alex
Seller's Agent
Martha Carrasco
Pinnacle Estate Properties
Buyer's Agent
Jorge Mora
Keller Williams Pacific Estate
List Price
$749,000
Sold Price
$740,000
Premium/Discount to List
-$9,000
-1.2%
Views
43
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$703,000
Outstanding Balance
$694,367
Interest Rate
7.22%
Mortgage Type
New Conventional
Estimated Equity
$54,380
Purchase Details
Listed on
May 10, 2024
Closed on
May 22, 2024
Sold by
Sefiani Family Trust and Sefiani Sako
Bought by
Escobar Maritza and Verastegui Anthony Alex
Seller's Agent
Martha Carrasco
Pinnacle Estate Properties
Buyer's Agent
Jorge Mora
Keller Williams Pacific Estate
List Price
$749,000
Sold Price
$740,000
Premium/Discount to List
-$9,000
-1.2%
Views
43
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$703,000
Outstanding Balance
$694,367
Interest Rate
7.22%
Mortgage Type
New Conventional
Estimated Equity
$54,380
Purchase Details
Closed on
Aug 5, 2020
Sold by
Sefiani Sako
Bought by
Sefiani Family Trust
Purchase Details
Listed on
Aug 15, 2015
Closed on
Oct 29, 2015
Sold by
Williams Belinda and Belinda Williams Living Trust
Bought by
Sefiani Sako
Seller's Agent
Lanny Ross
Westside Realty Inv. Inc.
Buyer's Agent
Martha Carrasco
List Price
$365,000
Sold Price
$365,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.46%
Original Mortgage
$255,500
Interest Rate
3.87%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 9, 2014
Sold by
Williams Belinda
Bought by
Williams Belinda and Belinda Williams Living Trust
Purchase Details
Closed on
Sep 11, 2014
Sold by
Williams Kenneth J
Bought by
Williams Belinda
Purchase Details
Closed on
Dec 5, 2012
Sold by
Williams Belinda
Bought by
Williams Kenneth J
Purchase Details
Closed on
Sep 28, 2004
Sold by
Marquez Alejandro
Bought by
Marquez Real Estate Investment Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,500
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Sep 27, 2004
Sold by
Marquez Real Estate Investment Inc
Bought by
Williams Kenneth J and Williams Belinda
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,500
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jan 20, 2004
Sold by
Hometown Community Development Corp
Bought by
Marquez Alejandro
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,600
Interest Rate
7.5%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Dec 29, 2003
Sold by
Hud
Bought by
Hometown Community Development Corp
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,600
Interest Rate
7.5%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Dec 11, 2002
Sold by
Serrano Jose A and Reyes Jose Isabel
Bought by
Citimortgage Inc
Purchase Details
Closed on
Feb 4, 2002
Sold by
Citimortgage Inc
Bought by
Hud
Purchase Details
Closed on
Oct 24, 2001
Sold by
Serrano Jose A
Bought by
Reyes Jose Isabel and Linares Elmer Antonio
Purchase Details
Closed on
Mar 25, 1999
Sold by
Western Development For Affordable Housi
Bought by
Serrano Jose A and Reyes Jose Isabel
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,602
Interest Rate
6.92%
Mortgage Type
FHA
Purchase Details
Closed on
Nov 12, 1998
Sold by
Hud
Bought by
Western Developments For Affordable Hsng
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,500
Interest Rate
6.78%
Purchase Details
Closed on
Jul 17, 1998
Sold by
Nationsbanc Mtg Corp
Bought by
Hud
Purchase Details
Closed on
Jul 9, 1997
Sold by
Greene Clifford and Nationsbanc Mtg Corp
Bought by
Nationsbanc Mtg Corp
Purchase Details
Closed on
Jul 2, 1997
Sold by
Brown Cheryl
Bought by
Westmoreland Carl B
Purchase Details
Closed on
Mar 17, 1997
Sold by
Brown & Associates
Bought by
Brown Cheryl
Purchase Details
Closed on
Apr 17, 1996
Sold by
Noguera Oscar
Bought by
Green Nathan and Green Queen Esther
Purchase Details
Closed on
Feb 8, 1996
Sold by
Greene Nathaniel and Greene Queen Ester
Bought by
Brown & Associates
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Verastegui Anthony Alex | -- | Lawyers Title | |
| Escobar Maritza | $740,000 | Lawyers Title | |
| Verastegui Anthony Alex | -- | Lawyers Title | |
| Escobar Maritza | $740,000 | Lawyers Title | |
| Sefiani Family Trust | -- | None Available | |
| Sefiani Sako | $365,000 | Fidelity National Title | |
| Sefiani Sako | -- | Fidelity National Title | |
| Williams Belinda | -- | None Available | |
| Williams Belinda | -- | None Available | |
| Williams Kenneth J | -- | None Available | |
| Marquez Real Estate Investment Inc | -- | Investors Title Company | |
| Williams Kenneth J | $325,000 | Investors Title Company | |
| Marquez Alejandro | $237,000 | Provident Title Company | |
| Hometown Community Development Corp | $194,000 | Provident Title Company | |
| Citimortgage Inc | $188,156 | First American Title Ins Co | |
| Hud | -- | -- | |
| Reyes Jose Isabel | -- | -- | |
| Serrano Jose A | $171,000 | -- | |
| Western Developments For Affordable Hsng | $117,000 | -- | |
| Hud | -- | Benefit Land Title Ins Co | |
| Nationsbanc Mtg Corp | $128,983 | Benefit Land Title Company | |
| Westmoreland Carl B | -- | -- | |
| Brown Cheryl | -- | -- | |
| Green Nathan | -- | -- | |
| Brown & Associates | $115,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Escobar Maritza | $703,000 | |
| Closed | Escobar Maritza | $703,000 | |
| Previous Owner | Sefiani Sako | $255,500 | |
| Previous Owner | Williams Kenneth J | $227,500 | |
| Previous Owner | Marquez Alejandro | $189,600 | |
| Previous Owner | Hometown Community Development Corp | $196,200 | |
| Previous Owner | Serrano Jose A | $169,602 | |
| Previous Owner | Western Developments For Affordable Hsng | $110,500 | |
| Closed | Marquez Alejandro | $35,550 | |
| Closed | Williams Kenneth J | $32,500 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 06/18/2024 06/18/24 | Sold | $740,000 | +5.7% | $501 / Sq Ft | |
| 05/20/2024 05/20/24 | Pending | -- | -- | -- | |
| 05/16/2024 05/16/24 | Price Changed | $699,950 | -6.5% | $474 / Sq Ft | |
| 05/10/2024 05/10/24 | For Sale | $749,000 | +105.2% | $507 / Sq Ft | |
| 11/03/2015 11/03/15 | Sold | $365,000 | 0.0% | $882 / Sq Ft | View Prior Sale |
| 08/18/2015 08/18/15 | Pending | -- | -- | -- | |
| 08/15/2015 08/15/15 | For Sale | $365,000 | -- | $882 / 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 | $6,731 | $754,800 | $550,800 | $204,000 |
| 2024 | $6,731 | $423,609 | $255,327 | $168,282 |
| 2023 | $6,375 | $415,304 | $250,321 | $164,983 |
| 2022 | $6,111 | $407,162 | $245,413 | $161,749 |
| 2021 | $6,058 | $399,179 | $240,601 | $158,578 |
| 2020 | $6,098 | $395,086 | $238,134 | $156,952 |
| 2019 | $5,892 | $387,340 | $233,465 | $153,875 |
| 2018 | $5,768 | $379,746 | $228,888 | $150,858 |
| 2016 | $5,512 | $365,000 | $220,000 | $145,000 |
| 2015 | $5,636 | $376,931 | $313,146 | $63,785 |
| 2014 | $5,645 | $369,548 | $307,012 | $62,536 |
Source: Public Records
Agents Affiliated with this Home
-
Martha Carrasco
-
Jorge Mora
Buyer's Agent in 2024
Jorge Mora
Keller Williams Pacific Estate
(562) 270-5557
1 in this area
16 Total Sales
-
Lanny Ross
L
Seller's Agent in 2015
Lanny Ross
Westside Realty Inv. Inc.
(310) 568-0186
3 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SR24094634
APN: 6047-003-012
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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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