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

Sale Details

Date Sold: December 9, 2014

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

89 Days on Market

Highlights

  • Contemporary Architecture
  • Wrought Iron Fence
  • Carpet
  • No HOA
  • Paved or Partially Paved Lot
  • Wall Furnace

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 in unit
  • 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

6,881 Sq Ft Lot

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
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $12,360 $763,165 $360,551 $402,614
2024 $11,625 $748,202 $353,482 $394,720
2023 $11,379 $733,532 $346,551 $386,981
2022 $10,916 $719,150 $339,756 $379,394
2021 $10,816 $705,050 $333,095 $371,955
2019 $10,526 $684,140 $323,216 $360,924
2018 $10,322 $670,727 $316,879 $353,848
2016 $9,853 $644,683 $304,575 $340,108
2015 $9,952 $635,000 $300,000 $335,000
2014 -- $712,549 $503,607 $208,942
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB14164227

California Regional Multiple Listing Service (CRMLS)
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