NOT LISTED FOR SALE

1258 E 89th St Los Angeles, CA 90002

Florence-Graham Neighborhood

Estimated Value: $705,281 - $920,000

4 Beds
2 Baths
1,840 Sq Ft
$430/Sq Ft Est. Value

Last Sold March 10, 2014

Last sale price $331,000 $180 Per Sq Ft

Est. 139% increase in value since last sale

Current estimated payment $4,688/month

Highlights

  • Lawn
  • 3 Attached Carport Spaces
  • Wall Furnace
  • Cooling System Mounted To A Wall/Window

About This Home

As of March 2014

First time on market in over 20 years and located on a low traffic area of L.A. Recently updated with fresh paint and carpet this duplex offers spacious rooms with updates to kitchen and baths. Mature landscape and shows true pride of ownership. Property has great appeal and is priced for a quick sale. Come see this great property and contact us with any questions.

Last Agent to Sell the Property

Tom Hernandez

Real Brokerage Technologies, Inc. License #01128792 Listed on: 01/12/2014

Real Brokerage Technologies, Inc.

Last Buyer's Agent

Tom Hernandez

Real Brokerage Technologies, Inc. License #01128792 Listed on: 01/12/2014

Real Brokerage Technologies, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,016

Year Built

  • Built in 1948

Lot Details

  • 5,154 Sq Ft Lot
  • 1 Common Wall
  • Lawn
  • Front Yard

Home Design

  • 1,840 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Parking

  • 3 Parking Spaces
  • 3 Attached Carport Spaces
  • Parking Available

Outdoor Features

  • Exterior Lighting

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 338
  • Tax Tract Number 7421
  • Assessor Parcel Number 6043011003

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,100
  • Trash Expense $25
  • Water Sewer Expense $25
  • New Taxes Expense $4,312
  • Gross Income $2,350
  • Net Operating Income $22,187

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,016

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 25.00
  • Property Type: Residential Income
  • Parcel Number: 6043011003
  • Year Built: 1948
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: 1 Common Wall
  • Levels: One
  • Price Per Square Foot: 179.89

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 3.00
  • Parking: Yes
  • Parking Features: Attached Carport
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Heating Type: Wall Furnace
  • Trash Expense: 25.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Community Features: Street Lights

Lot Info

  • Lot Features: Front Yard, Lawn
  • Lot Size Sq Ft: 5154.00
  • Lot Size Acres: 0.1180

Multi Family

  • Gross Income: 2350.00
  • Gross Scheduled Income: 28200.00
  • Insurance Expense: 1100.00
  • Lot Size Area: 5154.0000 Square Feet
  • Net Operating Income: 22187.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 6012.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 4312.00
  • Tax Lot: 338
  • Tax Tract Number: 7421
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 12, 2014
Closed on
Feb 21, 2014
Sold by
Cortez Otilia
Bought by
Urias Michael and Cortez Blanca L
Seller's Agent
Tom Hernandez
Real Brokerage Technologies, Inc.
Buyer's Agent
Tom Hernandez
Keller Williams Realty-Studio City
List Price
$349,900
Sold Price
$331,000
Premium/Discount to List
-$18,900
-5.4%
Current Estimated Value
$792,070

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$461,070
Avg. Annual Appreciation
7.79%
Original Mortgage
$325,004
Outstanding Balance
$244,767
Interest Rate
4.25%
Mortgage Type
FHA
Estimated Equity
$547,303

Purchase Details

Closed on
Oct 28, 1998
Sold by
Cortes Luis
Bought by
Cortez Otilia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,200
Interest Rate
6.42%

Purchase Details

Closed on
Oct 1, 1997
Sold by
Cortes Luis
Bought by
Cortes Luis and Cortez Otilia

Purchase Details

Closed on
Sep 19, 1994
Sold by
Cortes Luis and Gonzalez Antonio
Bought by
Cortes Luis

Purchase Details

Closed on
May 17, 1994
Sold by
Cortes Luis
Bought by
Cortes Luis and Gonzalez Antonio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,250
Interest Rate
6.12%

Purchase Details

Closed on
Oct 28, 1993
Sold by
Rivas Bartolo and Cervantes Emigdio C
Bought by
Cortes Luis and Gonzalez Antonio

Purchase Details

Closed on
Sep 28, 1993
Sold by
Rivas Bartolo and Cervantes Emigdio C
Bought by
Rivas Bartolo and Cervantes Emigdio C

Purchase Details

Closed on
Aug 28, 1993
Sold by
Cervantes Emigdio C
Bought by
Cervantes Emigdio C and Rivas Bartolo
Source: Public Records

Range of Values:

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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
Urias Michael $331,000 Lawyers Title Company
Cortez Otilia -- Benefit Land Title Company
Cortes Luis -- --
Cortes Luis -- --
Cortes Luis -- Gateway Title
Cortes Luis -- --
Rivas Bartolo -- --
Cervantes Emigdio C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Urias Michael $325,004
Previous Owner Cortez Otilia $131,200
Previous Owner Cortes Luis $131,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/10/2014 03/10/14 Sold $331,000 -5.4% $180 / Sq Ft
02/14/2014 02/14/14 Pending -- -- --
01/12/2014 01/12/14 For Sale $349,900 -- $190 / 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 $6,016 $405,748 $247,863 $157,885
2024 $6,016 $397,793 $243,003 $154,790
2023 $5,751 $389,994 $238,239 $151,755
2022 $5,501 $382,348 $233,568 $148,780
2021 $5,436 $374,852 $228,989 $145,863
2019 $5,278 $363,736 $222,198 $141,538
2018 $5,171 $356,605 $217,842 $138,763
2016 $4,951 $342,760 $209,384 $133,376
2015 $4,879 $337,612 $206,239 $131,373
2014 $3,483 $220,520 $92,315 $128,205
Source: Public Records

Agents Affiliated with this Home

  • Tom Hernandez

    Seller's Agent in 2014

    Tom Hernandez

    Real Brokerage Technologies, Inc.

    (818) 432-2665

    59 Total Sales

    Tom Hernandez
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR14007586

California Regional Multiple Listing Service (CRMLS)

APN: 6043-011-003

California Los Angeles County Los Angeles 90002 Florence-Graham

1258 E 89th St, Los Angeles, CA

This home is located at 1258 E 89th St, Los Angeles, CA 90002 since 12 January 2014 and is currently estimated at $792,070, approximately $430 per square foot. This property was built in 1948. 1258 E 89th St is a home located in Los Angeles County with nearby schools including Judith F. Baca Arts Academy, Charles Drew Middle School, and Academy For Multiligual Arts And Science At Mervyn M. Dymally High.

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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