NOT LISTED FOR SALE

1155 W 88th St Los Angeles, CA 90044

Westmont Neighborhood

Estimated Value: $842,000 - $1,102,000

6 Beds
5 Baths
2,912 Sq Ft
$335/Sq Ft Est. Value

Last Sold January 16, 2018

Last sale price $710,000 $244 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $6,182/month

31 Days on Market

About This Home

As of January 2018

Attention All Investors.... Here goes a 4 Unit building to add to your portfolio... Front Unit is a stand along home. with 2 beds 2 baths.. In the middle are two 1bed 1Bath units... and in the rear above the 3 car garage is a 2Beds 1Bath unit. Perfect for multiple families or a rental to add to your investment portfolio..

Last Agent to Sell the Property

Kevin Wheaton

K & K Group, Inc. License #01377584 Listed on: 10/01/2017

Last Buyer's Agent

GREGORY KEY

ITP Realty Group License #00133165

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,861

Year Built

  • Built in 1922

Lot Details

  • 6,615 Sq Ft Lot
  • 1 Common Wall
  • Corner Lot

Parking

  • 3 Car Garage

Home Design

  • 2,912 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 5 Bathrooms

Additional Features

  • Laundry Room
  • Urban Location
  • Sewer Paid

Listing and Financial Details

  • Tax Lot 216
  • Tax Tract Number 1208
  • Assessor Parcel Number 6047004032

Community Details

Overview

  • 3 Buildings
  • 4 Units

Building Details

  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 4 Separate Water Meters
  • Insurance Expense $1,800
  • Trash Expense $300
  • Water Sewer Expense $2,000
  • New Taxes Expense $5,600
  • Operating Expense $7,900
  • Gross Income $51,600
  • Net Operating Income $43,700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,861

Year Built

Built in 1922

Lot Details

0

Parking

3

Listing Details

  • Inclusions: everything
  • Property Attached: Yes
  • Water Sewer Expenses: 2000.00
  • Zoning: LCR320U*
  • Property Type: Residential Income
  • Parcel Number: 6047004032
  • Year Built: 1922
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 243.82

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Sewer Paid
  • Trash Expense: 300.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 6615.00

Multi Family

  • Gross Income: 51600.00
  • Gross Scheduled Income: 51600.00
  • Insurance Expense: 1800.00
  • Net Operating Income: 43700.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4
  • Number Of Units Total: 4
  • Operating Expense: 7900.00
  • Rent Control: Yes
  • Total Expenses: 7900.00

Tax Info

  • New Taxes Expense: 5600.00
  • Tax Census Tract: 6001.00
  • Tax Lot: 216
  • Tax Tract Number: 1208

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 20, 2017
Sold by
Slater Anthony Eugene and Seon Walker Amanda L
Bought by
Pelayo Leonel and Pelayo Roxana
Current Estimated Value
$976,052

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$487,500
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 26, 2017
Sold by
Seon Walker Amanda L
Bought by
Slater Anthony Eugene and Seon Walker Amanda L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$435,000
Interest Rate
4.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 24, 2016
Sold by
Slater Anthony Eugene
Bought by
Seon Walker Amanda L

Purchase Details

Closed on
Feb 1, 2010
Sold by
Hunter Melinda Agnes and The Melinda Agnes Hunter Trust
Bought by
Slater Anthony Eugene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,385
Interest Rate
5.03%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 7, 2006
Sold by
Hunter Melinda Agnes
Bought by
Hunter Melinda Agnes and Melinda Agnes Hunter Trust Est

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
6.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 8, 2005
Sold by
Hunter Melinda Agnes and The Melinda Agnes Hunter Trust
Bought by
Hunter Melinda Agnes

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
5.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 24, 2003
Sold by
Hunter Melinda Agnes
Bought by
Hunter Melinda Agnes and The Melinda Agnes Hunter Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Interest Rate
5.15%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 21, 2003
Sold by
Hunter Veronica L and Hunter Melinda Agnes
Bought by
Hunter Melinda Agnes

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Interest Rate
5.15%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 20, 2002
Sold by
Hunter Melinda A
Bought by
Hunter Veronica L and Hunter Melinda A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,627
Interest Rate
6.12%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 10, 2002
Sold by
Hunter Veronica L and The Veronica L Hunter Family L
Bought by
Hunter Melinda A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,627
Interest Rate
6.12%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 9, 2000
Sold by
Hunter Veronica L
Bought by
Hunter Veronica L and Veronica L Hunter Family Livin

Purchase Details

Closed on
Dec 15, 1998
Sold by
Lacroix Melinda
Bought by
Hunter Veronica L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$263,240
Interest Rate
6.63%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 3, 1998
Sold by
Hawkins Leonard
Bought by
Lacroix Melinda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$263,240
Interest Rate
6.63%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 1, 1995
Sold by
Hackett Doris
Bought by
Hawkins Leonard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,683
Interest Rate
7.58%
Mortgage Type
FHA
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
Pelayo Leonel $650,000 First American Title Company
Slater Anthony Eugene -- Stewart Title Company
Seon Walker Amanda L -- None Available
Slater Anthony Eugene $310,000 Chicago Title
Hunter Melinda Agnes -- Landsafe Title
Hunter Melinda Agnes -- Landsafe Title
Hunter Melinda Agnes -- Landsafe Title
Hunter Melinda Agnes -- Landsafe Title
Hunter Veronica L -- --
Hunter Melinda A -- --
Hunter Veronica L -- --
Hunter Veronica L $270,000 American Title Co
Lacroix Melinda -- American Title Co
Hawkins Leonard $174,000 First Southwestern Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pelayo Leonel $487,500
Previous Owner Slater Anthony Eugene $435,000
Previous Owner Slater Anthony Eugene $375,000
Previous Owner Slater Anthony Eugene $20,000
Previous Owner Slater Anthony Eugene $304,385
Previous Owner Hunter Melinda Agnes $450,000
Previous Owner Hunter Melinda Agnes $90,000
Previous Owner Hunter Melinda Agnes $450,000
Previous Owner Hunter Melinda Agnes $264,000
Previous Owner Hunter Veronica L $260,627
Previous Owner Hunter Veronica L $263,240
Previous Owner Hawkins Leonard $169,683
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/16/2018 01/16/18 Sold $710,000 +6.8% $244 / Sq Ft
11/01/2017 11/01/17 Pending -- -- --
10/01/2017 10/01/17 For Sale $665,000 -- $228 / 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 $10,861 $739,584 $534,777 $204,807
2024 $10,861 $725,084 $524,292 $200,792
2023 $10,350 $710,867 $514,012 $196,855
2022 $9,903 $696,930 $503,934 $192,996
2021 $9,808 $683,265 $494,053 $189,212
2020 $9,878 $676,260 $488,988 $187,272
2019 $9,528 $663,000 $479,400 $183,600
2018 $8,738 $594,150 $418,200 $175,950
2016 $5,608 $338,021 $272,599 $65,422
2015 $5,531 $332,945 $268,505 $64,440
2014 $5,545 $326,424 $263,246 $63,178
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2018

    Kevin Wheaton

    K & K Group, Inc.

    (562) 746-6838

    23 Total Sales

    Kevin Wheaton
    Section Image
  • GREGORY KEY

    Buyer's Agent in 2018

    GREGORY KEY

    ITP Realty Group

    (310) 877-1989

    4 Total Sales

    GREGORY KEY
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW17225816

California Regional Multiple Listing Service (CRMLS)

APN: 6047-004-032

California Los Angeles County Los Angeles 90044 Westmont

1155 W 88th St, Los Angeles, CA

This home is located at 1155 W 88th St, Los Angeles, CA 90044 since 01 October 2017 and is currently estimated at $976,052, approximately $335 per square foot. This property was built in 1922. 1155 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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California Regional Multiple Listing Service (CRMLS) 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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