NOT LISTED FOR SALE

123 E 87th St Los Angeles, CA 90003

Broadway-Manchester Neighborhood

Estimated Value: $803,000 - $884,591

4 Beds
2 Baths
1,382 Sq Ft
$603/Sq Ft Est. Value

Last Sold June 07, 2017

Last sale price $425,000 $308 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $5,105/month

80 Days on Market

About This Home

As of June 2017

Spanish style Duplex in Los Angeles! Each unit is 2 bedrooms with 1 bathroom. Wood laminate and tile floors throughout. Long driveway allows for plenty of off street parking. Each unit is assigned a one car parking garage. Citrus, palm trees, and a small green space in the front. Gated for extra privacy.

Last Agent to Sell the Property

Melissa Urena

Real Broker License #01900591 Listed on: 01/17/2017

Real Broker

Last Buyer's Agent

Chelsea Sullivan

License #01258801

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,404

Year Built

  • Built in 1928

Lot Details

  • 6,260 Sq Ft Lot

Home Design

  • Duplex

Interior Spaces

  • 1,382 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Parking

  • 2 Parking Spaces
  • Driveway
  • Assigned Parking

Community Details

  • 2 Buildings
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 6041-001-020

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,404

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Advertising Remarks: Spanish style Duplex in Los Angeles! Each unit is 2 bedrooms with 1 bathroom. Wood laminate and tile floors throughout. Long driveway allows for plenty of off street parking.Each unit is assigned a one car parking garage. Citrus, palm trees, and a small green space in the front. Gated for extra privacy.
  • Living Area: 1382
  • Stories: 1
  • Year Built: 1928
  • Number Of Photos: 24
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 4
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 2.00
  • Den: 0
  • Price Per S Q F T: 282.20

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Parking Garage: Assigned, Driveway
  • Total Parking: 2

Lot Info

  • Assessed Improvement Value: 68692
  • Assessed Land Value: 130847
  • Assessor Parcel Number: 6041-001-020
  • Geocode Override: No
  • Lot Size Area: 6260

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 13.20
  • Number Of Units: 2
  • Total Annual Expense: 1200
  • Type Of Units: Duplex
  • Vacancy Rate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 4, 2022
Sold by
Lemus Milton O and Rosa Mima
Bought by
Lopez Dina A and Lemus Rosa M
Current Estimated Value
$833,148

Purchase Details

Listed on
Jan 17, 2017
Closed on
Jun 1, 2017
Sold by
Espinoza Teresita
Bought by
Lemus Milton O and Lemus Rosa Mirna
Seller's Agent
Melissa Urena
Real Broker
Buyer's Agent
Chelsea Sullivan
List Price
$390,000
Sold Price
$425,000
Premium/Discount to List
$35,000
8.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.37%
Original Mortgage
$417,302
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
May 20, 2010
Sold by
Amc Management Inc
Bought by
Espinoza Teresita

Purchase Details

Closed on
Dec 15, 2009
Sold by
Salazar Tony
Bought by
Amc Management Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
4.91%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Dec 2, 2009
Sold by
Suntrust Mortgage Inc
Bought by
Salazar Tony

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
4.91%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Sep 1, 2009
Sold by
Federal National Mortgage Association
Bought by
Sun Trust Mortgage Inc

Purchase Details

Closed on
Apr 30, 2008
Sold by
Osorio Margarita
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
May 8, 2006
Sold by
Avenida Properties Inc
Bought by
Osorio Margarita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$392,000
Interest Rate
6.57%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 28, 2005
Sold by
Threatt O D and Threatt Sherlie D
Bought by
Avenida Properties Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
6.25%
Mortgage Type
Stand Alone First
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
Lopez Dina A -- Stewart Title Company
Lemus Milton O $425,000 Title 365 Company
Espinoza Teresita $183,000 Fidelity National Title Co
Amc Management Inc -- None Available
Salazar Tony $99,000 Chicago Title Company
Sun Trust Mortgage Inc -- Chicago Title Company
Federal National Mortgage Association $423,799 Landsafe Title
Osorio Margarita $560,000 Southland Title Company
Avenida Properties Inc $420,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lemus Milton O $417,302
Previous Owner Salazar Tony $50,000
Previous Owner Osorio Margarita $392,000
Previous Owner Avenida Properties Inc $350,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/07/2017 06/07/17 Sold $425,000 0.0% $308 / Sq Ft
04/07/2017 04/07/17 Pending -- -- --
04/03/2017 04/03/17 Off Market $425,000 -- --
03/15/2017 03/15/17 For Sale $390,000 0.0% $282 / Sq Ft
03/15/2017 03/15/17 Price Changed $390,000 -8.2% $282 / Sq Ft
03/02/2017 03/02/17 Off Market $425,000 -- --
03/02/2017 03/02/17 For Sale $349,000 -17.9% $253 / Sq Ft
02/20/2017 02/20/17 Off Market $425,000 -- --
01/17/2017 01/17/17 For Sale $349,000 -- $253 / Sq Ft
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 $8,404 $689,784 $583,664 $106,120
2024 $8,404 $676,260 $572,220 $104,040
2023 $8,243 $663,000 $561,000 $102,000
2022 $5,702 $464,797 $273,411 $191,386
2021 $5,630 $455,684 $268,050 $187,634
2020 $5,684 $451,013 $265,302 $185,711
2019 $5,464 $442,170 $260,100 $182,070
2018 $5,402 $433,500 $255,000 $178,500
2016 $2,571 $199,539 $130,847 $68,692
2015 $2,535 $196,543 $128,882 $67,661
2014 $2,557 $192,694 $126,358 $66,336
Source: Public Records

Agents Affiliated with this Home

  • Melissa Urena

    Seller's Agent in 2017

    Melissa Urena

    Real Broker

    (562) 287-4944

    1 in this area

    140 Total Sales

    Melissa Urena
    Section Image

  • C

    Buyer's Agent in 2017

    Chelsea Sullivan

  • G

    Buyer's Agent in 2017

    Giovanni Herrera

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Map

Source: The MLS

MLS Number: 17-194014

The MLS

APN: 6041-001-020

California Los Angeles County Los Angeles 90003 Broadway-Manchester

123 E 87th St, Los Angeles, CA

This home is located at 123 E 87th St, Los Angeles, CA 90003 since 17 January 2017 and is currently estimated at $833,148, approximately $602 per square foot. This property was built in 1928. 123 E 87th St is a home located in Los Angeles County with nearby schools including South Park Elementary School, Mary McLeod Bethune Middle School, and Academy For Multiligual Arts And Science At Mervyn M. Dymally High.

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