NOT LISTED FOR SALE

1205 W 87th St Los Angeles, CA 90044

10 Beds
6 Baths
4,020 Sq Ft
6,881 Sq Ft Lot

Last Sold December 09, 2014

Last sale price $635,000 $158 Per Sq Ft

89 Days on Market

Highlights

  • Contemporary Architecture
  • Laundry Room
  • Paved or Partially Paved Lot
  • No HOA
  • Wrought Iron Fence
  • Carpet

About This Home

As of December 2014

**10-2: Deal fell through, back on market** NO RENT CONTROL. 2 story big beautiful updated conforming 6plex on quiet residential street in county area. NOT City of L.A., NO city inspections, etc. 70K income w/huge upside. 4020 sq. ft. w/ great mix: four 2 beds and two 1 beds. All separate gas and electric meters, 6 carports and open parking. Completely gated 45 x152 street to alley lot, zoned LCR320U. There's a pretty nice laundromat right behind the property. This is a solid long term investment, sold 3 times in the last decade, always 665K+, with no foreclosure history.

Last Agent to Sell the Property

Leo Nordine

Nordine Realtors, Inc. License #00961679 Listed on: 08/01/2014

Last Buyer's Agent

Out of Area South Bay

SOUTH BAY AOR

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1963

Lot Details

  • 6,881 Sq Ft Lot
  • Lot Dimensions are 40 x 152
  • No Common Walls
  • Wrought Iron Fence
  • Paved or Partially Paved Lot

Home Design

  • 4,020 Sq Ft Home
  • Contemporary Architecture
  • Raised Foundation
  • Shingle Roof
  • Composition Roof

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 6 Bathrooms

Parking

  • 10 Parking Spaces
  • 5 Carport Spaces

Additional Features

  • Recirculated Exhaust Fan
  • Laundry Room
  • Rain Gutters
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 94
  • Assessor Parcel Number 6047002026

Community Details

Overview

  • No Home Owners Association
  • 6 Units

Amenities

  • Laundry Facilities

Building Details

  • 5 Leased Units
  • 6 Separate Electric Meters
  • 6 Separate Gas Meters
  • 1 Separate Water Meter
  • Net Operating Income $47,249

Property Details

Home Type

Multi-Family

Year Built

Built in 1963

Lot Details

0

Listing Details

  • CapRate: 7.00
  • Property Attached: No
  • Zoning: LCR320U
  • Architectural Style: Contemporary
  • Property Type: Residential Income
  • Parcel Number: 6047002026
  • Year Built: 1963
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Flooring: Carpet, Vinyl
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 157.96

Exterior Features

  • Foundation: Raised
  • Fencing: Wrought Iron
  • Pool Private: No
  • Roof: Composition, Shingle

Garage/Parking

  • Carport Spaces: 5.00
  • Total Parking Spaces: 10.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Recirculated Exhaust Fan
  • Heating Type: Wall Furnace
  • Laundry Features: Community
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Gutters

Lot Info

  • Lot Features: Paved
  • Lot Size: 40 x 152
  • Lot Size Sq Ft: 6881.00
  • Lot Size Acres: 0.1580

Multi Family

  • Gross Multiplier: 11.00
  • Gross Scheduled Income: 70200.00
  • Lot Size Area: 6881.0000 Square Feet
  • Net Operating Income: 47249.00
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 5
  • Number Of Units Total: 6
  • Rent Control: No
  • Total Actual Rent: 5850.00

Tax Info

  • Tax Lot: 94
  • Tax Year: 2012

Range of Values:

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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 List to Sale Price per Sq Ft
12/09/2014 12/09/14 Sold $635,000 -2.3% $158 / Sq Ft
10/29/2014 10/29/14 Pending -- -- --
08/01/2014 08/01/14 For Sale $650,000 -- $162 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2014

    Leo Nordine

    Nordine Realtors, Inc.

    Section Image

  • O

    Buyer's Agent in 2014

    Out of Area South Bay

    CRMLS

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB14164227

California Regional Multiple Listing Service (CRMLS)
California Los Angeles County Los Angeles 90044

1205 W 87th St, Los Angeles, CA

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