NOT LISTED FOR SALE

131 E 88th St Los Angeles, CA 90003

Broadway-Manchester Neighborhood

Estimated Value: $789,000 - $1,448,286

1 Bed
1 Bath
576 Sq Ft
$1,842/Sq Ft Est. Value

Last Sold August 24, 2018

Last sale price $320,000 $556 Per Sq Ft

Est. 232% increase in value since last sale

Current estimated payment $6,674/month

98 Days on Market

Highlights

  • Furnished
  • Living Room
  • Carpet
  • No HOA
  • Central Heating
  • 4-minute walk to Wall Street Park

About This Home

As of August 2018

For sale after 30+ years. Great opportunity to purchase 2 contiguous parcels totaling over 10,000 sqft for potential development. Adjoining property located at 127 E 88th St. Los Angeles, CA 90003_ Probate Sale. Subject to Court Confirmation and Overbidding in court. (APN: 6041-003-034) is also for sale, and can be bought together with the subject property. However, it is not compulsory to buy both properties together. Zoning per Title is LAR3. Under City of L.A. rent control ordinance. Sold "As Is" and " Where Is", with current tenants in place. Title shows property as a SFR. Property is been use as a duplex with 2 separate tenants in place. Buyer to conduct their own due diligence.

Last Agent to Sell the Property

Vinny Jain

Ingenious Asset Group, Inc. License #01413466 Listed on: 02/06/2018

Last Buyer's Agent

Vinny Jain

Ingenious Asset Group, Inc. License #01413466 Listed on: 02/06/2018

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1930

Lot Details

  • 5,205 Sq Ft Lot
  • Property is zoned LAR3

Interior Spaces

  • 576 Sq Ft Home
  • Furnished
  • Living Room
  • Carpet
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • 3 Parking Spaces
  • Uncovered Parking

Utilities

  • Window Unit Cooling System
  • Central Heating

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 6041-003-035

Home Details

Home Type

Single Family

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Street Number Display: Yes
  • Living Area: 576
  • Year Built: 1930
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Flooring: Carpet
  • Bedrooms: 1
  • Full Bathroom: 1
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Total Bathrooms: 1.00
  • Equipment: Garbage Disposal
  • Price Per S Q F T: 607.64

Exterior Features

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

Garage/Parking

  • Parking Garage: Parking Space, Uncovered
  • Total Parking: 3

Utilities

  • Cooling: Window Unit(s)
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 6041-003-035
  • Geocode Override: No
  • Lot Size Area: 5205

Rental Info

  • Furnished: Furnished

Multi Family

  • Number Of Units: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 28, 2025
Sold by
California Td Specialists
Bought by
Sound Equity High Income Debt Fund Llc
Current Estimated Value
$1,061,072

Purchase Details

Listed on
Feb 6, 2018
Closed on
Aug 23, 2018
Sold by
Reid Richard Reynolci
Bought by
Reid Darine
Seller's Agent
Vinny Jain
Ingenious Asset Group, Inc.
Buyer's Agent
Vinny Jain
Ingenious Asset Group, Inc.
List Price
$350,000
Sold Price
$320,000
Premium/Discount to List
-$30,000
-8.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.36%

Purchase Details

Closed on
Jun 6, 2018
Sold by
Reid Darine
Bought by
Avocado Tree Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 30, 1993
Sold by
Dlacuba Armando
Bought by
Dlacuba Darine
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
Sound Equity High Income Debt Fund Llc $3,361,346 None Listed On Document
Reid Darine -- Accommodation
Avocado Tree Llc $320,000 Old Republic Title Company
Dlacuba Darine -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Avocado Tree Llc $256,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/24/2018 08/24/18 Sold $320,000 -8.6% $556 / Sq Ft
05/15/2018 05/15/18 Pending -- -- --
02/06/2018 02/06/18 For Sale $350,000 -- $608 / Sq Ft
Source: The MLS

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 $13,968 $1,141,820 $285,571 $856,249
2024 $13,968 $1,119,432 $279,972 $839,460
2023 $4,363 $343,103 $274,483 $68,620
2022 $4,164 $336,376 $269,101 $67,275
2021 $4,115 $329,781 $263,825 $65,956
2020 $4,154 $326,400 $261,120 $65,280
2019 $3,994 $320,000 $256,000 $64,000
2018 $857 $58,919 $30,931 $27,988
2016 $815 $56,633 $29,731 $26,902
2015 $805 $55,783 $29,285 $26,498
2014 $817 $54,691 $28,712 $25,979
Source: Public Records

Agents Affiliated with this Home

  • Vinny Jain

    Seller's Agent in 2018

    Vinny Jain

    Ingenious Asset Group, Inc.

    (310) 997-2552

    72 Total Sales

    Vinny Jain
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Map

Source: The MLS

MLS Number: 18-311324

The MLS

APN: 6041-003-035

California Los Angeles County Los Angeles 90003 Broadway-Manchester

131 E 88th St, Los Angeles, CA

Not Listed for Sale

Detached

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