NOT LISTED FOR SALE

1218 W 87th St Los Angeles, CA 90044

Estimated Value: $660,000 - $715,000

2 Beds
2 Baths
1,142 Sq Ft
$594/Sq Ft Est. Value

Last Sold November 03, 2020

Last sale price $495,000 $433 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $4,133/month

33 Days on Market

Highlights

  • Property is near public transit
  • No HOA
  • Bathtub
  • Granite Countertops
  • Eat-In Kitchen
  • Laundry Room

About This Home

As of November 2020

Attention investors and anyone interested in a property where you can build more homes!!! This home features 2 bedrooms and an additional room that can be used as an office or bedroom and 2 baths. The one car garage is detached. One of the best characteristics of this home is that it is zoned LCR32OU! The size of the lot is 6,087 sq. ft. Therefore you can build on with the appropriate permits. The home has a nice kitchen with granite counter tops and it opens up to the dining area and the living room. This home is centrally located about 20 minutes from DTLA, close to the LAX International Airport and to the soon to be RAMS stadium!!! Excellent frwy access to the the 105 and 110 frwys and close to public transportation. A must see!

Last Agent to Sell the Property

Claudia de Leon-Camarena

Realty One Group United License #01411972 Listed on: 08/26/2020

Realty One Group United

Last Buyer's Agent

Abel Sicairos

International Real Estate Serv License #01349657

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,993

Year Built

  • Built in 1911

Lot Details

  • 6,087 Sq Ft Lot
  • Lot Dimensions are 40x153
  • Density is up to 1 Unit/Acre
  • Property is zoned LCR320U*

Parking

  • 1 Car Garage
  • Parking Available
  • Rear-Facing Garage
  • Auto Driveway Gate
  • RV Potential

Home Design

  • Bungalow
  • Partial Copper Plumbing

Interior Spaces

  • 1,142 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Gas Range
  • Granite Countertops

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Bathtub

Location

  • Property is near public transit
  • Urban Location

Utilities

  • Wall Furnace

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 158
  • Tax Tract Number 6601
  • Assessor Parcel Number 6047005005

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,993

Year Built

Built in 1911

Lot Details

0

Parking

1

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: Yes
  • View: No
  • Zoning: LCR320U*
  • Architectural Style: Bungalow
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 6047005005
  • Year Built: 1911
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1142.00 Square Feet
  • Interior Amenities: Copper Plumbing Partial, Granite Counters
  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Flooring: Laminate, Tile
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: In Kitchen
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 433.45
  • Room Type: All Bedrooms Down
  • Bathroom Features: Bathtub
  • Room Kitchen Features: Granite Counters

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Auto Driveway Gate, Garage Faces Rear, RV Potential
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Electricity Connected, Sewer Connected, Water Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Range
  • Heating Type: Wall Furnace
  • Laundry Features: Individual Room, Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Urban

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Near Public Transit
  • Lot Size: 40x153
  • Lot Size Sq Ft: 6087.00
  • Lot Size Acres: 0.1397

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6087.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 6001.00
  • Tax Lot: 158
  • Tax Tract Number: 6601

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 26, 2020
Closed on
Oct 20, 2020
Sold by
Parada Magdalena Mendoza Magana
Bought by
Parada Daniel
Seller's Agent
Claudia de Leon-Camarena
Realty One Group United
Buyer's Agent
Abel Sicairos
International Real Estate Serv
List Price
$549,900
Sold Price
$495,000
Premium/Discount to List
-$54,900
-9.98%
Current Estimated Value
$678,271

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$183,271
Avg. Annual Appreciation
6.53%
Original Mortgage
$396,000
Outstanding Balance
$351,579
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$326,692

Purchase Details

Listed on
Aug 26, 2020
Closed on
Sep 30, 2020
Sold by
Martinez Santiago Torres
Bought by
Parada Daniel and Montecino Rolando I
Seller's Agent
Claudia de Leon-Camarena
Realty One Group United
Buyer's Agent
Abel Sicairos
International Real Estate Serv
List Price
$549,900
Sold Price
$495,000
Premium/Discount to List
-$54,900
-9.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$396,000
Outstanding Balance
$351,579
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$326,692

Purchase Details

Closed on
Mar 18, 2009
Sold by
Gmac Mortgage Llc
Bought by
Martinez Santiago Torres

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,600
Interest Rate
4.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 26, 2008
Sold by
Rios Alfredo
Bought by
Gmac Mortgage Llc

Purchase Details

Closed on
Dec 22, 2006
Sold by
Almanza Bertha
Bought by
Rios Alfredo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,000
Interest Rate
6.22%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Dec 21, 2006
Sold by
Rios Alfredo
Bought by
Rios Alfredo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,000
Interest Rate
6.22%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jul 21, 2006
Sold by
Arambula Bonifacio
Bought by
Rios Alfredo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$316,000
Interest Rate
8.4%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jun 5, 2006
Sold by
Soto Federico and Soto Evangelina
Bought by
Arambula Bonifacio A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$316,000
Interest Rate
8.4%
Mortgage Type
Fannie Mae Freddie Mac
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
Parada Daniel -- Pacific Coast Title Company
Parada Daniel $495,000 Pacific Coast Title Company
Martinez Santiago Torres $126,000 First American Title Ins Co
Gmac Mortgage Llc $380,063 Accommodation
Rios Alfredo -- Commonwealth Land Title
Rios Alfredo -- Commonwealth Land Title
Rios Alfredo -- None Available
Arambula Bonifacio A $395,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Parada Daniel $396,000
Previous Owner Martinez Santiago Torres $100,600
Previous Owner Rios Alfredo $86,000
Previous Owner Rios Alfredo $86,000
Previous Owner Arambula Bonifacio A $316,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/03/2020 11/03/20 Sold $495,000 -1.0% $433 / Sq Ft
09/28/2020 09/28/20 Pending -- -- --
09/09/2020 09/09/20 Price Changed $499,950 -9.1% $438 / Sq Ft
08/26/2020 08/26/20 For Sale $549,900 -- $482 / 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 $6,993 $535,800 $428,641 $107,159
2024 $6,993 $525,295 $420,237 $105,058
2023 $6,876 $514,997 $411,998 $102,999
2022 $6,556 $504,900 $403,920 $100,980
2021 $6,488 $495,000 $396,000 $99,000
2019 $2,332 $145,099 $116,128 $28,971
2018 $2,215 $142,254 $113,851 $28,403
2016 $2,117 $136,732 $109,431 $27,301
2015 $2,086 $134,679 $107,788 $26,891
2014 $2,090 $132,042 $105,677 $26,365
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW20176125

California Regional Multiple Listing Service (CRMLS)

APN: 6047-005-005