NOT LISTED FOR SALE

1240 E 88th Place Los Angeles, CA 90002

Estimated Value: $623,000 - $745,000

3 Beds
2 Baths
1,116 Sq Ft
$593/Sq Ft Est. Value

Last Sold April 12, 2021

Last sale price $540,000 $484 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $4,099/month

7 Days on Market

Highlights

  • Quartz Countertops
  • Neighborhood Views
  • Bathtub with Shower
  • No HOA
  • Porch
  • Patio

About This Home

As of April 2021

This recently renovated 3 Bedroom 2 Bath 1,100+ sq ft single family home has all the space needed to live comfortably! Updates include interior/exterior paint, new windows, new laminate flooring in common areas, new carpet in all three bedrooms, custom bathrooms with new vanities, new fixtures throughout, new kitchen with quartz counter tops and shaker white cabinetry. The fully fenced yard is freshly landscape with a partial new wood fence at the rear of the property and a refreshed iron fence along the front of the property. The long driveway leads to a detached 2 car garage and private yard. E 88th Pl. is conveniently located to the Harbor 110 Freeway makes this property very accessible to Downtown LA, San Pedro Harbor, LAX and Beach Cities and beyond.

Last Agent to Sell the Property

Juree Rambo

Rambo Real Estate Group License #01843137 Listed on: 02/26/2021

Last Buyer's Agent

Claudia Bravo

COMPASS License #01327432

COMPASS

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1941 | Remodeled

Lot Details

  • 5,002 Sq Ft Lot
  • Density is up to 1 Unit/Acre
  • Property is zoned LCR2*

Parking

  • 2 Car Garage
  • Parking Available
  • Driveway

Home Design

  • Shingle Roof

Interior Spaces

  • 1,116 Sq Ft Home
  • 1-Story Property
  • Dining Room
  • Laminate Flooring
  • Neighborhood Views
  • Quartz Countertops

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Laundry in Kitchen

Outdoor Features

  • Patio
  • Exterior Lighting
  • Porch

Utilities

  • Wall Furnace

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 276
  • Tax Tract Number 7421
  • Assessor Parcel Number 6043012007

Home Details

Home Type

Single Family

Year Built

Built in 1941 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: Yes
  • Zoning: LCR2*
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 6043012007
  • Year Built: 1941
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1116.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Laminate
  • Appliances: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Eating Area: Dining Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 483.87
  • Room Type: Master Bathroom
  • Bathroom Features: Shower In Tub
  • Room Kitchen Features: Quartz Counters

Exterior Features

  • Patio: Yes
  • View: Neighborhood
  • Patio And Porch Features: Porch
  • Pool Private: No
  • Roof: Shingle
  • Spa: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Garage
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: In Kitchen
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5002.00
  • Lot Size Acres: 0.1148

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5002.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 5352.00
  • Tax Lot: 276
  • Tax Tract Number: 7421

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 26, 2021
Closed on
Mar 24, 2021
Sold by
Breckenridge Property Fund 2016 Llc
Bought by
Flores Matthew Alan and Flores Genesis
Seller's Agent
Juree Rambo
Rambo Real Estate Group
Buyer's Agent
Claudia Bravo
COMPASS
List Price
$519,900
Sold Price
$540,000
Premium/Discount to List
$20,100
3.87%
Current Estimated Value
$661,295

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$121,295
Avg. Annual Appreciation
4.37%
Original Mortgage
$513,000
Outstanding Balance
$460,392
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$200,903

Purchase Details

Listed on
Aug 17, 2020
Closed on
Nov 12, 2020
Sold by
Tidwell Crystal M and Rose Alissia
Bought by
Breckenridge Property Fund 2016 Llc
Seller's Agent
Jose Zavalza
Fiv Realty Co
List Price
$399,900
Sold Price
$385,000
Premium/Discount to List
-$14,900
-3.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
170.49%

Purchase Details

Closed on
Apr 8, 2005
Sold by
Franklin Phyllis M and The Estate Of Louis Mitchell
Bought by
Rose Anthony

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,400
Interest Rate
5.75%
Mortgage Type
Negative Amortization
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Flores Matthew Alan $540,000 First American Title Company O
Breckenridge Property Fund 2016 Llc $385,000 First American Title
Rose Anthony $288,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Flores Matthew Alan $513,000
Previous Owner Rose Anthony $230,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/12/2021 04/12/21 Sold $540,000 +3.9% $484 / Sq Ft
02/26/2021 02/26/21 For Sale $519,900 +35.0% $466 / Sq Ft
12/10/2020 12/10/20 Sold $385,000 -3.7% $345 / Sq Ft View Prior Sale
09/28/2020 09/28/20 Pending -- -- --
08/17/2020 08/17/20 For Sale $399,900 -- $358 / 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 $7,739 $584,510 $432,646 $151,864
2024 $7,565 $573,050 $424,163 $148,887
2023 $7,435 $561,815 $415,847 $145,968
2022 $7,082 $550,800 $407,694 $143,106
2021 $5,205 $385,000 $308,000 $77,000
2020 $5,077 $367,061 $293,653 $73,408
2019 $4,887 $359,865 $287,896 $71,969
2018 $4,786 $352,809 $282,251 $70,558
2016 $4,101 $298,000 $238,000 $60,000
2015 $3,553 $252,000 $201,000 $51,000
2014 $3,445 $238,000 $190,000 $48,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB21040601

California Regional Multiple Listing Service (CRMLS)

APN: 6043-012-007