J
Seller's Agent in 2015
John Chelius
Property Works RE, Inc.
(310) 722-0360
5 Total Sales
1261 W 87th St Los Angeles, CA 90044
Estimated Value: $771,682 - $975,000
2
Beds
1
Bath
3,535
Sq Ft
$250/Sq Ft
Est. Value
About This Home
As of October 2015Excellent value-add opportunity. Large, 4 unit building zoned LCR320U* that is not subject to rent control. Building needs significant work and upgrades and suffered fire damage in the back building. 3 off street, covered parking spots with alley access.
Last Agent to Sell the Property
Property Works RE, Inc. License #01936287 Listed on: 09/04/2015
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1961
Lot Details
- 6,086 Sq Ft Lot
- Two or More Common Walls
- Density is up to 1 Unit/Acre
Parking
- 3 Car Garage
Home Design
- 3,535 Sq Ft Home
- Property Attached
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Bathroom
Location
- Urban Location
Listing and Financial Details
- Tax Lot 80
- Tax Tract Number 6001
- Assessor Parcel Number 6047001024
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 4 Units
Building Details
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 4 Separate Water Meters
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 4, 2015
Closed on
Sep 23, 2015
Sold by
Turnstone Holding I Lp
Bought by
Danco Inc
Seller's Agent
John Chelius
Property Works RE, Inc.
Buyer's Agent
John Chelius
Property Works RE, Inc.
List Price
$459,000
Sold Price
$450,000
Premium/Discount to List
-$9,000
-1.96%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$434,921
Avg. Annual Appreciation
6.58%
Purchase Details
Closed on
Oct 7, 2014
Sold by
Thompson Wilma F and The Thompson Family Trust
Bought by
Turnstone Holding I Lp
Purchase Details
Closed on
Jan 3, 2013
Sold by
Thompson Robert Lee and Thompson Wilma Faye
Bought by
Thompson Robert L and Thompson Wilma F
Purchase Details
Closed on
Mar 17, 1994
Sold by
Thompson Robert Lee and Thompson Wilma Faye
Bought by
Thompson Robert Lee and Thompson Wilma Faye
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,000
Interest Rate
7.79%
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Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|
| Danco Inc | $450,000 | Old Republic Title Company | |
| Turnstone Holding I Lp | $412,500 | Western Resources Title | |
| Thompson Robert L | -- | None Available | |
| Thompson Robert Lee | -- | Fidelity National Title Ins |
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 |
|---|---|---|---|
| Previous Owner | Thompson Robert Lee | $64,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/02/2015 10/02/15 | Sold | $450,000 | -2.0% | $127 / Sq Ft |
| 09/18/2015 09/18/15 | Pending | -- | -- | -- |
| 09/04/2015 09/04/15 | For Sale | $459,000 | -- | $130 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
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 | $8,300 | $542,171 | $355,136 | $187,035 |
| 2024 | $8,300 | $531,541 | $348,173 | $183,368 |
| 2023 | $8,176 | $521,120 | $341,347 | $179,773 |
| 2022 | $7,843 | $510,903 | $334,654 | $176,249 |
| 2021 | $7,765 | $500,887 | $328,093 | $172,794 |
| 2020 | $7,815 | $495,752 | $324,729 | $171,023 |
| 2019 | $7,555 | $486,032 | $318,362 | $167,670 |
| 2018 | $7,395 | $476,503 | $312,120 | $164,383 |
| 2016 | $7,071 | $458,000 | $300,000 | $158,000 |
| 2015 | $6,520 | $412,500 | $262,500 | $150,000 |
| 2014 | -- | $72,158 | $18,382 | $53,776 |
Source: Public Records
Agents Affiliated with this Home
-
John Chelius
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW15197063
APN: 6047-001-024
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.
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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