NOT LISTED FOR SALE

1222 E 87th Place Los Angeles, CA 90002

Florence-Graham Area

Estimated Value: $659,000 - $767,000

4 Beds
2 Baths
1,335 Sq Ft
$525/Sq Ft Est. Value

Sale Details

Date Sold: October 29, 2013

Last sale price $229,000 $172 Per Sq Ft

Est. 206% increase in value since last sale

Current estimated payment $4,393 / mo

7 Days on Market

Highlights

  • Traditional Architecture
  • Living Room
  • Level Lot
  • Wood Flooring
  • Wrought Iron Fence
  • Heating Available

About This Home

As of October 2013

Calling all investors and handy homeowners! This is a fantastic opportunity to rehab a duplex in a wonderful neighborhood, and it is currently available at an amazingly low, bargain price!! A traditional fixer-upper in need of some modifications, this duplex is perfect for DIY’ers and investors alike! Within mere minutes of USC, downtown, Hollywood park and easy access to the 110 freeway. So whether you are looking to take on a rehab project yourself or you are an investor looking for that perfect deal, you will not find this great of a property for this low of a price anywhere else!!!

Last Agent to Sell the Property

Polly Watts

Shelter Club Realty, Inc. License #00895696 Listed on: 10/11/2013

Last Buyer's Agent

Humberto Lopez

Century 21 A Better Service License #01400409

Century 21 A Better Service

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1948

Lot Details

  • 5,149 Sq Ft Lot
  • No Common Walls
  • Wrought Iron Fence
  • Level Lot

Parking

  • 2 Parking Spaces

Home Design

  • Traditional Architecture
  • Shingle Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,335 Sq Ft Home
  • Living Room

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Utilities

  • Heating Available

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 147
  • Tax Tract Number 7421
  • Assessor Parcel Number 6043014013

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $2,200
  • Net Operating Income $26,400

Property Details

Home Type

Multi-Family

Year Built

Built in 1948

Lot Details

5,149 Sq Ft Lot

Listing Details

  • Property Attached: No
  • View: No
  • Architectural Style: Traditional
  • Property Type: Residential Income
  • Parcel Number: 6043014013
  • Year Built: 1948
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: No Common Walls
  • Flooring: Tile, Vinyl, Wood
  • Levels: One
  • Price Per Square Foot: 171.54
  • Room Type: Living Room

Exterior Features

  • Fencing: Wrought Iron
  • Pool Private: No
  • Roof: Composition, Shingle
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: No
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Lot Info

  • Lot Features: Level
  • Lot Size Sq Ft: 5149.00
  • Lot Size Acres: 0.1180

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 2200.00
  • Gross Scheduled Income: 26400.00
  • Lot Size Area: 5149.0000 Square Feet
  • Net Operating Income: 26400.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • Tax Lot: 147
  • Tax Tract Number: 7421
  • Tax Year: 2012

Ownership 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 Name Owned For Owner Type

Purchase Details

Closed on
Nov 4, 2016
Sold by
Bought by
Current Estimated Value
$700,589

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$397,664
Outstanding Balance
$319,255
Interest Rate
3.42%
Mortgage Type
FHA
Estimated Equity
$381,334

Purchase Details

Listed on
Oct 11, 2013
Closed on
Oct 23, 2013
Sold by
Bought by
Seller's Agent
Polly Watts
Shelter Club Realty, Inc.
Buyer's Agent
Humberto Lopez
Century 21 A Better Service
List Price
$219,900
Sold Price
$229,000
Premium/Discount to List
$9,100
4.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.17%

Purchase Details

Closed on
Jun 12, 2013
Sold by
Bought by

Purchase Details

Closed on
Dec 16, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$327,750
Interest Rate
7.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 6, 2001
Sold by
Bought by

Purchase Details

Closed on
Dec 5, 2000
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,759
Interest Rate
7.54%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 22, 2000
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,759
Interest Rate
7.54%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 16, 2000
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,759
Interest Rate
7.54%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 26, 1998
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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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

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 Buyer Sale Price Title Company
$405,000 Fidelity National Title Co
$229,000 Title 365
-- Accommodation
-- Chicago Title Company
-- --
-- Fidelity National Title Co
$145,000 Fidelity National Title Co
-- Fidelity National Title Co
-- --
Source: Public Records

Mortgage 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 Status Borrower Loan Amount
Open $397,664
Previous Owner $327,750
Previous Owner $142,759
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
10/29/2013 10/29/13 Sold $229,000 +4.1% $172 / Sq Ft
10/18/2013 10/18/13 Pending -- -- --
10/11/2013 10/11/13 For Sale $219,900 -- $165 / 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 $6,917 $470,030 $261,128 $208,902
2024 $6,753 $460,814 $256,008 $204,806
2023 $6,475 $451,780 $250,989 $200,791
2022 $6,187 $442,922 $246,068 $196,854
2021 $6,119 $434,239 $241,244 $192,995
2020 $6,163 $429,788 $238,771 $191,017
2019 $5,940 $421,362 $234,090 $187,272
2018 $5,802 $413,100 $229,500 $183,600
2016 $3,691 $237,135 $165,684 $71,451
2015 $3,639 $233,574 $163,196 $70,378
2014 $3,644 $229,000 $160,000 $69,000
Source: Public Records

Agents Affiliated with this Home

  • Polly Watts

    Seller's Agent in 2013

    Polly Watts

    Shelter Club Realty, Inc.

    (310) 963-7766

    25 Total Sales

    Polly Watts
    Section Image
  • Humberto Lopez

    Buyer's Agent in 2013

    Humberto Lopez

    Century 21 A Better Service

    (323) 447-8363

    19 Total Sales

    Humberto Lopez
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW13207858

California Regional Multiple Listing Service (CRMLS)

APN: 6043-014-013

California Los Angeles County Los Angeles 90002

1222 E 87th Place, Los Angeles, CA

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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