NOT LISTED FOR SALE

1212 W 87th St Los Angeles, CA 90044

Estimated Value: $743,000 - $905,000

4 Beds
3 Baths
1,698 Sq Ft
$472/Sq Ft Est. Value

Last Sold December 14, 2017

Last sale price $504,000 $297 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $4,854/month

20 Days on Market

Highlights

  • Private Yard
  • Laundry Room
  • Wall Furnace
  • No HOA
  • 1 Car Garage
  • 1-Story Property

About This Home

As of December 2017

Don’t Mind the Dust in the Photos, we are just finalizing the touches on Remodeling Both Units for you!! Tremendous Opportunity to Own Remodeled UNITS in Los Angeles! You could Live in the Front unit and Rent out the 2nd Unit for cash flow / Income OR purchase as an Investment! The Front Unit is laid out like a Single Family Home featuring 3bed/2bath with a Master Bedroom, Separate Laundry Room, New Windows, New Flooring, and a Detached 1 car garage with plenty of room for additional parking. Both Units have a Remodeled Kitchen with Granite Countertops, custom cabinetry and new fixtures. New Appliances will be installed at close of escrow. The 2nd Unit is a 1 Bed 1 Bath with Inside laundry hook-ups, New Flooring, and room for storage. HUGE Backyard and alley access with Gate entry for RV potential. The plumbing and Electrical have been Upgraded!! This Investment Property Won’t Last! Buyer to perform their own due diligence and satisfy self prior to close of escrow.

Last Agent to Sell the Property

Jessica Nieto

Brooke Realty License #01923684 Listed on: 09/21/2017

Last Buyer's Agent

Anthony Jackson

Keller Williams South Bay License #01073286

Keller Williams South Bay

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,890

Year Built

  • Built in 1921 | Remodeled

Lot Details

  • 6,162 Sq Ft Lot
  • No Common Walls
  • Private Yard

Parking

  • 1 Car Garage
  • Parking Available
  • Driveway

Home Design

  • Duplex

Interior Spaces

  • 1,698 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Utilities

  • Wall Furnace

Listing and Financial Details

  • Tax Lot 57
  • Tax Tract Number 1208
  • Assessor Parcel Number 6047005004

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Net Operating Income $27,720

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,890

Year Built

Built in 1921 | Remodeled

Lot Details

0

Parking

1

Listing Details

  • Property Attached: No
  • Zoning: LCR320U*
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 6047005004
  • Year Built: 1921
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 296.82

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Driveway, Garage
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Gas Dryer Hookup, Inside, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Yard
  • Lot Size Sq Ft: 6162.00

Multi Family

  • Gross Scheduled Income: 39600.00
  • Net Operating Income: 27720.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Number With Dishwasher: 2
  • Number With Range: 2
  • Operating Expense: 11880.00
  • Rent Control: No

Tax Info

  • Tax Census Tract: 6001.00
  • Tax Lot: 57
  • Tax Tract Number: 1208

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 21, 2017
Closed on
Oct 25, 2017
Sold by
Ih3 Property West Lp
Bought by
Anderson Fabian Fitzroy
Seller's Agent
Jessica Nieto
Brooke Realty
Buyer's Agent
Anthony Jackson
Keller Williams South Bay
List Price
$504,000
Sold Price
$504,000
Current Estimated Value
$801,499

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$297,499
Avg. Annual Appreciation
6.07%
Original Mortgage
$504,000
Interest Rate
3.94%
Mortgage Type
VA

Purchase Details

Listed on
Jun 14, 2013
Closed on
Sep 18, 2013
Sold by
Sebastiano Wanda G
Bought by
Ih3 Property West Lp
Seller's Agent
Gene Armstrong
Coldwell Banker Gene Armstrong
Buyer's Agent
Marie Peters
Peters Realty Group
List Price
$370,000
Sold Price
$350,000
Premium/Discount to List
-$20,000
-5.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.12%

Purchase Details

Closed on
Jan 14, 2008
Sold by
Beck Ana R
Bought by
Sebastiano Wanda G and Sebastiano Vincent

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
6.04%
Mortgage Type
Purchase Money Mortgage
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
Anderson Fabian Fitzroy $504,000 Fidelity National Title
Ih3 Property West Lp $350,000 Fidelity National Title
Sebastiano Wanda G $350,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Anderson Fabian Fitzroy $504,000
Previous Owner Sebastiano Wanda G $315,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/14/2017 12/14/17 Sold $504,000 0.0% $297 / Sq Ft
10/11/2017 10/11/17 Pending -- -- --
09/21/2017 09/21/17 For Sale $504,000 +44.0% $297 / Sq Ft
10/11/2013 10/11/13 Sold $350,000 -5.4% $206 / Sq Ft View Prior Sale
09/11/2013 09/11/13 Pending -- -- --
06/14/2013 06/14/13 For Sale $370,000 -- $218 / 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 $7,890 $573,460 $458,542 $114,918
2024 $7,890 $562,216 $449,551 $112,665
2023 $7,592 $551,193 $440,737 $110,456
2022 $7,248 $540,387 $432,096 $108,291
2021 $7,170 $529,792 $423,624 $106,168
2019 $6,956 $514,080 $411,060 $103,020
2018 $6,862 $504,000 $403,000 $101,000
2017 $5,275 $369,682 $295,747 $73,935
2016 $9,088 $362,435 $289,949 $72,486
2015 $5,076 $356,992 $285,594 $71,398
2014 $5,081 $350,000 $280,000 $70,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC17219157

California Regional Multiple Listing Service (CRMLS)

APN: 6047-005-004