NOT LISTED FOR SALE

1206 W 88th St Los Angeles, CA 90044

Westmont Neighborhood

Estimated Value: $789,000 - $1,034,000

6 Beds
3 Baths
2,148 Sq Ft
$410/Sq Ft Est. Value

Last Sold May 20, 2016

Last sale price $530,000 $247 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $5,467/month

48 Days on Market

About This Home

As of May 2016

AMAIZING OPORTUNITY, LIVE IN ONE AN RENT THE OTHER THREE, DUPLEX WITH TWO EXTRA UNITS
ALL REMODELED IN THE LAST TWO YEARS, FRONT UNIT 3 BED 1 BATH, TWO CAR GARAGE IN THE MIDDLE CONVERTED TO A 2 BED 1 BATH, BACK UNIT 3 BED 2 BATH, THE MASTER BED CONVERTED TO SINGLE WITH KITCHEN INSIDE, ALL UNITS HAS BEEN REMODELED, NEW COPPER PLUMBING, NEW ROOF, NEW KITCHENS WITH BEATIFULL CABINETS AND GRANITE COUNTERTOPS ON ALL UNITS, NEW ELECTRIC REWIRE, TILE AND HARDWOOD FLOORS, CEILILNG FANS, ALL DONE IT PROFFESIONALLY, FRONT UNIT HAS ATTIC AND BASEMENT FOR ADDITIONAL STORAGE, LAUNDRY ROOMS ON TWO MAIN UNITS, THERE IS PRIVATE PARKING SPACE FOR 5 CARS WITH EXIT AT FRONT AND BY THE BACK ALLEY.
GARAGE CONVERTION UNPERMITED, THERE IS EXTRA $1400.00 INCOME FOR THE GARAGE COVERTION AND SINGLE AT BACK UNIT, BACK UNIT WILL DELIVER VACANT.
THIS IS SUBJECT TO A 1031 EXCHANGE AT NO COST TO THE BUYER.

Last Agent to Sell the Property

Rolando Lopez

Freedom Homes License #01791685 Listed on: 02/17/2016

Last Buyer's Agent

Diego Esquivel

Camerra Capital License #01733351

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,265

Year Built

  • Built in 1910

Lot Details

  • 6,767 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Home Design

  • 2,148 Sq Ft Home

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces
  • Parking Available
  • Side by Side Parking
  • Gated Parking

Listing and Financial Details

  • Tax Lot 275
  • Tax Tract Number 9417
  • Assessor Parcel Number 6047008003

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $100
  • Insurance Expense $100
  • Trash Expense $60
  • Water Sewer Expense $140
  • Operating Expense $3,600
  • Gross Income $2,800
  • Net Operating Income $2,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,265

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Other Phone Description: Toll Free
  • Other Phone Number: 800-818-3215
  • Property Attached: No
  • Water Sewer Expenses: 140.00
  • Property Type: Residential Income
  • Parcel Number: 6047008003
  • Year Built: 1910
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Levels: Two
  • Price Per Square Foot: 246.74

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Gated, Side by Side
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 4.00

Utilities

  • Utilities: Sewer Available
  • Trash Expense: 60.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6767.00
  • Price Per Lot Square Foot: 78.32
  • Lot Size Acres: 0.1550

Multi Family

  • Electric Expense: 100.00
  • Gross Income: 2800.00
  • Gross Scheduled Income: 2800.00
  • Insurance Expense: 100.00
  • Lot Size Area: 6767.0000 Square Feet
  • Net Operating Income: 2400.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 200.00
  • Rent Control: No
  • Total Expenses: 3600.00

Tax Info

  • Tax Lot: 275
  • Tax Tract Number: 09417

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 19, 2021
Sold by
Herrera Raul E and Muhammad Abdul R
Bought by
Herrera Raul E
Current Estimated Value
$881,295

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$493,750
Outstanding Balance
$444,836
Interest Rate
2.73%
Mortgage Type
New Conventional
Estimated Equity
$449,256

Purchase Details

Closed on
Mar 17, 2016
Sold by
Myers Darren W and Myers Maria
Bought by
Herrera Raul E and Muhammad Abdul R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$520,400
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Listed on
May 23, 2013
Closed on
Aug 6, 2013
Sold by
Albizures Erick Eduar and Guerra Floridalma De Maria Guerra
Bought by
Myers Darren W and Myers Maria
Seller's Agent
Rolando Lopez
Freedom Homes
Buyer's Agent
Vincent Cervantes
Freedom Homes
List Price
$210,000
Sold Price
$211,000
Premium/Discount to List
$1,000
0.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.74%
Original Mortgage
$207,178
Interest Rate
4.87%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 11, 2010
Sold by
Albizures Eric Eduardo
Bought by
Albizures Eric Eduardo and Guerra Floridalma Demaria Guerra

Purchase Details

Closed on
Feb 2, 2007
Sold by
Guerra Flor
Bought by
Albizures Eric Eduardo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,000
Interest Rate
6.19%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jan 12, 2007
Sold by
Reyes Francisco and Maldonado Julio C
Bought by
Albizures Eric Eduardo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,000
Interest Rate
6.19%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Feb 14, 2006
Sold by
Maldonado Julio C and Reyes Francisco
Bought by
Reyes Francisco and Maldonado Julio C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$301,000
Interest Rate
6.19%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Herrera Raul E -- Stewart Title Company
Herrera Raul E $530,000 Old Republic Title Company
Myers Darren W $211,000 Lawyers Title
Albizures Eric Eduardo -- None Available
Albizures Eric Eduardo -- Investors Title Company
Albizures Eric Eduardo $565,000 Investors Title Company
Reyes Francisco -- Security Union Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Herrera Raul E $493,750
Previous Owner Herrera Raul E $520,400
Previous Owner Myers Darren W $207,178
Previous Owner Albizures Eric Eduardo $113,000
Previous Owner Albizures Eric Eduardo $452,000
Previous Owner Albizures Eric Eduardo $452,000
Previous Owner Reyes Francisco $301,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2016 05/20/16 Sold $530,000 -3.6% $247 / Sq Ft
04/05/2016 04/05/16 Pending -- -- --
02/17/2016 02/17/16 For Sale $550,000 +160.7% $256 / Sq Ft
09/05/2013 09/05/13 Sold $211,000 +0.5% $98 / Sq Ft
05/26/2013 05/26/13 Pending -- -- --
05/23/2013 05/23/13 For Sale $210,000 -- $98 / 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 $9,265 $682,807 $458,828 $223,979
2024 $9,265 $669,420 $449,832 $219,588
2023 $8,944 $656,295 $441,012 $215,283
2022 $8,535 $643,427 $432,365 $211,062
2021 $7,848 $579,629 $347,778 $231,851
2020 $7,907 $573,686 $344,212 $229,474
2019 $7,613 $562,438 $337,463 $224,975
2018 $7,451 $551,411 $330,847 $220,564
2016 $3,493 $218,496 $114,943 $103,553
2015 $3,445 $215,215 $113,217 $101,998
2014 $3,453 $211,000 $111,000 $100,000
Source: Public Records

Agents Affiliated with this Home

  • Rolando Lopez

    Seller's Agent in 2016

    Rolando Lopez

    Freedom Homes

    (800) 818-3215

    23 Total Sales

    Rolando Lopez
    Section Image

  • D

    Buyer's Agent in 2016

    Diego Esquivel

    Camerra Capital

    (323) 807-7242

    10 Total Sales

    Diego Esquivel
    Section Image

  • V

    Buyer's Agent in 2013

    Vincent Cervantes

    Freedom Homes

    (562) 732-4640

    13 Total Sales

    Vincent Cervantes
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW16033948

California Regional Multiple Listing Service (CRMLS)

APN: 6047-008-003

California Los Angeles County Los Angeles 90044 Westmont

1206 W 88th St, Los Angeles, CA

This home is located at 1206 W 88th St, Los Angeles, CA 90044 since 17 February 2016 and is currently estimated at $881,295, approximately $410 per square foot. This property was built in 1910. 1206 W 88th St is a home located in Los Angeles County with nearby schools including La Salle Avenue Elementary School, Horace Mann Ucla Community, and George Washington Preparatory High School.

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.

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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