NOT LISTED FOR SALE

1263 E 87th Place Los Angeles, CA 90002

Estimated Value: $891,000 - $964,000

6 Beds
4 Baths
3,310 Sq Ft
$276/Sq Ft Est. Value

Last Sold October 16, 2013

Last sale price $439,000 $133 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $5,419/month

85 Days on Market

About This Home

As of October 2013

Spectacular remodeled 2 Units, located in a quite Los Angeles neighborhood. Front unit is a 2bd/1bath, complete with remodeled kitchen & bath with potential rents of $1300 a month in a NO RENT CONTROL AREA----This unit is a perfect rental to help subsidized owner's mortgage. The back unit is the owner's unit with all the bells and whistles. Owner's unit consist of 4 large bedrooms, 3 baths, laundry room, formal living room, formal dinning room, family room and 3 car garage with an additional storage garage. Both units have new stoves & dishwashers. Property is in move in condition!

Last Agent to Sell the Property

Hector Moreno

American Team Properties License #01199834 Listed on: 06/13/2013

Last Buyer's Agent

Silvestre Medel

American Team Realty License #01782189

American Team Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1925

Lot Details

  • 5,061 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 3 Car Garage

Home Design

  • 3,310 Sq Ft Home

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Additional Features

  • Urban Location
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 134
  • Tax Tract Number 7421
  • Assessor Parcel Number 6043015034

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Year Built

Built in 1925

Lot Details

0

Parking

3

Listing Details

  • Property Attached: No
  • Property Type: Residential Income
  • Parcel Number: 6043015034
  • Year Built: 1925
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 132.63

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Heating Type: Wall Furnace
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Urban

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5061.00
  • Lot Size Acres: 0.1160

Multi Family

  • Lot Size Area: 5061.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Number With Dishwasher: 2
  • Number With Range: 2
  • Rent Control: No

Tax Info

  • Tax Lot: 134
  • Tax Tract Number: 7421
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2013
Closed on
Sep 18, 2013
Sold by
Psc Strategic Investments Llc
Bought by
Zanella Walker Enoch and Zanella Calhoun
Seller's Agent
Hector Moreno
American Team Properties
Buyer's Agent
Silvestre Medel
American Team Realty
List Price
$449,000
Sold Price
$439,000
Premium/Discount to List
-$10,000
-2.23%
Current Estimated Value
$913,966

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$474,966
Avg. Annual Appreciation
6.17%
Original Mortgage
$431,048
Outstanding Balance
$317,763
Interest Rate
4.25%
Mortgage Type
FHA
Estimated Equity
$596,203

Purchase Details

Closed on
Apr 3, 2012
Sold by
Guizar Isaias and Guizar Delia
Bought by
Psc Strategic Investments Llc

Purchase Details

Closed on
Feb 19, 2004
Sold by
Guizar Isaias and Guizar Delia M
Bought by
Guizar Isaias and Guizar Delia M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Zanella Walker Enoch $439,000 Fidelity National Title Co
Psc Strategic Investments Llc $252,100 None Available
Guizar Isaias -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zanella Walker Enoch $431,048
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/16/2013 10/16/13 Sold $439,000 -2.2% $133 / Sq Ft
09/06/2013 09/06/13 Pending -- -- --
06/13/2013 06/13/13 For Sale $449,000 -- $136 / 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 $7,683 $538,140 $245,166 $292,974
2024 $7,683 $527,589 $240,359 $287,230
2023 $7,389 $517,246 $235,647 $281,599
2022 $7,059 $507,105 $231,027 $276,078
2021 $6,968 $497,163 $226,498 $270,665
2020 $7,016 $492,066 $224,176 $267,890
2019 $6,762 $482,419 $219,781 $262,638
2018 $6,633 $472,961 $215,472 $257,489
2016 $6,335 $454,598 $207,106 $247,492
2015 $6,241 $447,771 $203,996 $243,775
2014 $6,242 $439,000 $200,000 $239,000
Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2013

    Hector Moreno

    American Team Properties

    Section Image

  • S

    Buyer's Agent in 2013

    Silvestre Medel

    American Team Realty

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW13112787

California Regional Multiple Listing Service (CRMLS)

APN: 6043-015-034

California Los Angeles County Los Angeles 90002

1263 E 87th Place, Los Angeles, CA

Not Listed for Sale

MultiFamily

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