NOT LISTED FOR SALE

1222 E 88th St Los Angeles, CA 90002

Estimated Value: $621,000 - $767,163

4 Beds
3 Baths
1,720 Sq Ft
$389/Sq Ft Est. Value

Last Sold December 15, 2023

Last sale price $600,000 $349 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $4,343/month

250 Days on Market

Highlights

  • 1 Car Garage
  • Bungalow
  • 1-Story Property

About This Home

As of December 2023

***HIGHEST & BEST DEADLINE: Please be advised the seller has called for all highest and best offers to be submitted by Tuesday, September 26th by 10 AM.*** Price Reduced! Now is the time to grow your investment property portfolio with this fantastic duplex! The property is fully occupied and will be delivered occupied at the close of escrow. 2 detached 1-story structures which are perfect for an investor buyer. The front unit (1222) features 3BR/2BA, a private laundry area attached to the unit, a detached 1-car garage, and ample driveway parking. The separate rear unit (1220) features 1BR/1BA, a private laundry area attached to the unit, and driveway parking for 1 car accessible via the rear alleyway. Do not miss this opportunity! Please do not disturb occupants.

Last Agent to Sell the Property

Tiffany Dalgic

Coldwell Banker Realty License #01896614 Listed on: 02/24/2023

Coldwell Banker Realty

Last Buyer's Agent

Fanny Hernandez Alvarez

Realty Connection Group License #02208934

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,409

Year Built

  • Built in 1926

Lot Details

  • 5,155 Sq Ft Lot
  • Property is zoned LCR2YY

Parking

  • 1 Car Garage
  • 3 Open Parking Spaces
  • Driveway

Home Design

  • Bungalow

Interior Spaces

  • 1,720 Sq Ft Home
  • 1-Story Property
  • Oven or Range
  • Laundry Located Outside

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 6043-013-012

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,409

Year Built

Built in 1926

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Style: Bungalow
  • Levels: One
  • Street Number Display: Yes
  • Living Area: 1720
  • Lot Acreage: 0.1183
  • Year Built: 1926
  • Number Of Photos: 6
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Bedrooms: 4
  • Common Walls: Detached/No Common Walls
  • Laundry: Outside
  • Total Bathrooms: 3.00
  • Equipment: Refrigerator, Range/Oven
  • Price Per S Q F T: 334.30

Exterior Features

  • Other Structures: None

Garage/Parking

  • Garage Spaces: 1
  • Other Spaces: 3
  • Covered Parking: 1
  • Garage Structures: 1
  • Parking Garage: Driveway, Garage - 1 Car, Garage Is Detached
  • Total Parking: 4

Utilities

  • Cooling: Wall/Window
  • Heating: Wall

Schools

  • School District: Los Angeles Unified

Lot Info

  • Assessed Improvement Percent: 41.18
  • Assessed Improvement Value: 145545
  • Assessed Land Percent: 58.82
  • Assessed Land Value: 207924
  • Total Assessed Value: 353469
  • Assessor Parcel Number: 6043-013-012
  • Lot Size Area: 5155

Multi Family

  • Unit Type: 2106, 2107
  • Number Of Units: 2
  • Total Annual Expense: 0
  • Type Of Units: Duplex
  • Vacancy Rate: 0

MLS Schools

  • School District: Los Angeles Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2023
Closed on
Nov 30, 2023
Sold by
Tah 2018-1 Borrower Llc
Bought by
Silva Sergio Hernandez and Martinez Carolina C
Seller's Agent
Tiffany Dalgic
Coldwell Banker Realty
Buyer's Agent
Fanny Hernandez Alvarez
Realty Connection Group
List Price
$575,000
Sold Price
$600,000
Premium/Discount to List
$25,000
4.35%
Views
580
Current Estimated Value
$669,791

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,791
Avg. Annual Appreciation
4.86%
Original Mortgage
$579,975
Outstanding Balance
$571,283
Interest Rate
7.76%
Mortgage Type
FHA
Estimated Equity
$79,425

Purchase Details

Closed on
Apr 18, 2018
Sold by
Tah 2015 1 Borrower Llc
Bought by
Tah 2018 1 Borrower Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$339,965,000
Interest Rate
4.45%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 12, 2015
Sold by
Turnstone Holding I Lp
Bought by
Tah 2015-1 Borrower Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,274,000
Interest Rate
3.64%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Listed on
Jul 1, 2013
Closed on
Jul 24, 2013
Sold by
The Kirsten Lee Limited Partnership
Bought by
Turnstone Holding I Lp
Seller's Agent
Hillary Greene-Pae
Apelian Realty Group, Inc.
Buyer's Agent
Hillary Greene-Pae
Apelian Realty Group, Inc.
Sold Price
$1,575

Purchase Details

Closed on
Jul 28, 2009
Sold by
Bienaime Michael Rene and Estate Of Alton Bienaime
Bought by
The Kirsten Lee Limited Partnership
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
Silva Sergio Hernandez $600,000 Lawyers Title
Tah 2018 1 Borrower Llc -- Os National Llc
Tah 2015-1 Borrower Llc -- Fidelity Natl Title Group
Turnstone Holding I Lp $306,003 Old Republic Title Company
The Kirsten Lee Limited Partnership $168,000 Fidelity Van Nuys
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Silva Sergio Hernandez $579,975
Previous Owner Tah 2018 1 Borrower Llc $339,965,000
Previous Owner Tah 2015-1 Borrower Llc $380,274,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2023 12/15/23 Sold $600,000 +4.3% $349 / Sq Ft
11/01/2023 11/01/23 Pending -- -- --
10/25/2023 10/25/23 For Sale $575,000 0.0% $334 / Sq Ft
10/11/2023 10/11/23 Pending -- -- --
08/23/2023 08/23/23 Price Changed $575,000 -1.7% $334 / Sq Ft
08/10/2023 08/10/23 Price Changed $585,000 -1.7% $340 / Sq Ft
07/12/2023 07/12/23 Price Changed $595,000 -1.7% $346 / Sq Ft
06/29/2023 06/29/23 Price Changed $605,000 -1.6% $352 / Sq Ft
06/02/2023 06/02/23 Price Changed $615,000 -1.6% $358 / Sq Ft
05/17/2023 05/17/23 Price Changed $625,000 -1.6% $363 / Sq Ft
05/04/2023 05/04/23 Price Changed $635,000 +1.6% $369 / Sq Ft
05/03/2023 05/03/23 Price Changed $625,000 -1.6% $363 / Sq Ft
04/05/2023 04/05/23 Price Changed $635,000 -1.6% $369 / Sq Ft
02/24/2023 02/24/23 For Sale $645,000 0.0% $375 / Sq Ft
08/19/2013 08/19/13 Rented $1,575 -11.3% --
08/19/2013 08/19/13 Under Contract -- -- --
07/01/2013 07/01/13 For Rent $1,775 -- --
Source: The MLS

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 $8,409 $612,000 $408,000 $204,000
2024 $8,409 $600,000 $400,000 $200,000
2023 $5,396 $360,537 $212,082 $148,455
2022 $5,163 $353,469 $207,924 $145,545
2021 $5,103 $346,540 $203,848 $142,692
2020 $5,136 $343,207 $201,758 $141,449
2019 $4,956 $401,005 $271,069 $129,936
2018 $5,592 $393,147 $265,754 $127,393
2016 $5,357 $377,672 $255,436 $122,236
2015 $4,577 $312,113 $183,596 $128,517
2014 -- $306,000 $180,000 $126,000
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2023

    Tiffany Dalgic

    Coldwell Banker Realty

    (310) 993-2612

    4 in this area

    113 Total Sales

    Tiffany Dalgic
    Section Image

  • F

    Buyer's Agent in 2023

    Fanny Hernandez Alvarez

    Realty Connection Group

  • H

    Seller's Agent in 2013

    Hillary Greene-Pae

    Apelian Realty Group, Inc.

    Section Image
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Map

Source: The MLS

MLS Number: 23-244957

The MLS

APN: 6043-013-012

California Los Angeles County Los Angeles 90002

1222 E 88th St, Los Angeles, CA

This home is located at 1222 E 88th St, Los Angeles, CA 90002 since 24 February 2023 and is currently estimated at $669,791, approximately $389 per square foot. This property was built in 1926. 1222 E 88th St is a home located in Los Angeles County with nearby schools including Russell Elementary School, Charles Drew Middle School, and Academy For Multiligual Arts And Science At Mervyn M. Dymally High.

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