NOT LISTED FOR SALE

1522 E 87th St Los Angeles, CA 90002

Estimated Value: $695,000 - $917,000

5 Beds
3 Baths
2,154 Sq Ft
$369/Sq Ft Est. Value

Last Sold November 09, 2012

Last sale price $326,000 $151 Per Sq Ft

Est. 144% increase in value since last sale

Current estimated payment $4,654/month

48 Days on Market

Highlights

  • Ranch Style House
  • 5-minute walk to Firestone Station
  • No Heating
  • Wood Siding

About This Home

As of November 2012

Recently Remodeled Duplex 3Bed/2Bath + 2Bed/1Bath...Features include New Interior/Exterior Piant, Custom Kitchen Cabinets, Granite Counter Tops, Carpet & Tile Flooring, Remodeled Bathrooms and Carport/Uncovered Parking in Rear. Potential rents in the area $1,700 for the 3 Bedroom unit and $1200 for the 2 Bedroom Unit. This is a must see!!!

Last Agent to Sell the Property

Hector Moreno

American Team Properties License #01199834 Listed on: 08/17/2012

Last Buyer's Agent

Marie Picarelli

24 Hour Real Estate License #00610605

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1961

Lot Details

  • 5,671

Home Design

  • 2,154 Sq Ft Home
  • Ranch Style House
  • Wood Siding
  • Stucco

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Parking

  • 4 Parking Spaces
  • 2 Carport Spaces
  • Uncovered Parking

Additional Features

  • 5,671 Sq Ft Lot
  • No Heating

Listing and Financial Details

  • Tax Lot 49
  • Assessor Parcel Number 6044002010

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • New Taxes Expense $4,602

Property Details

Home Type

Multi-Family

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Assessments: No
  • View: No
  • Architectural Style: Ranch
  • Property Type: Residential Income
  • Parcel Number: 6044002010
  • Year Built: 1961
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Appliances: No
  • Price Per Square Foot: 151.35

Exterior Features

  • Pool Private: No
  • Spa: No
  • Construction Materials: Stucco, Wood Siding

Garage/Parking

  • Carport Spaces: 2.00
  • Parking: No
  • Parking Features: Carport, Uncovered
  • Total Parking Spaces: 4.00

Utilities

  • Heating: No
  • Laundry: No

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 5671.00
  • Lot Size Acres: 0.1300

Multi Family

  • Lot Size Area: 5671.0000 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

Tax Info

  • New Taxes Expense: 4602.00
  • Tax Area: 1198
  • Tax Lot: 49

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 17, 2012
Closed on
Oct 29, 2012
Sold by
Strategic Fund 73 Llc
Bought by
Gutierrez Antonio
Seller's Agent
Hector Moreno
American Team Properties
Buyer's Agent
Marie Picarelli
24 Hour Real Estate
List Price
$325,000
Sold Price
$326,000
Premium/Discount to List
$1,000
0.31%
Current Estimated Value
$795,512

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$469,512
Avg. Annual Appreciation
7.00%
Original Mortgage
$320,095
Outstanding Balance
$219,720
Interest Rate
3.25%
Mortgage Type
FHA
Estimated Equity
$575,792

Purchase Details

Closed on
Jun 4, 2012
Sold by
Strategic Acquisitions Inc
Bought by
Strategic Fund 73 Llc

Purchase Details

Closed on
Mar 5, 2012
Sold by
Deleon Francisco
Bought by
Strategic Acquisitions Inc

Purchase Details

Closed on
Dec 4, 2006
Sold by
Deleon Francisco and De Leon Lorenso
Bought by
Deleon Francisco

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
6.22%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 22, 2003
Sold by
Deleon Francisco
Bought by
Deleon Francisco and Deleon Lorenso

Purchase Details

Closed on
Sep 9, 2003
Sold by
Mendoza Jess E and Mendoza Wanda M
Bought by
Deleon Francisco

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 20, 2001
Sold by
Williams James A and Williams Lolita M
Bought by
Mendoza Jess E and Mendoza Wanda M

Purchase Details

Closed on
Jun 16, 2000
Sold by
Williams Lolita M
Bought by
Clark Joyce F
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
Gutierrez Antonio $326,000 Fidelity National Title Co
Strategic Fund 73 Llc $36,000 None Available
Strategic Acquisitions Inc -- Cr Title Services Inc
Deleon Francisco -- Investors Title Company
Deleon Francisco -- --
Deleon Francisco $275,000 Southland Title
Mendoza Jess E $129,184 --
Clark Joyce F -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gutierrez Antonio $320,095
Previous Owner Deleon Francisco $375,000
Previous Owner Deleon Francisco $275,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/09/2012 11/09/12 Sold $326,000 +0.3% $151 / Sq Ft
10/04/2012 10/04/12 Pending -- -- --
08/17/2012 08/17/12 For Sale $325,000 -- $151 / 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 $5,934 $401,432 $233,963 $167,469
2024 $5,934 $393,562 $229,376 $164,186
2023 $5,670 $385,846 $224,879 $160,967
2022 $5,424 $378,281 $220,470 $157,811
2021 $5,357 $370,865 $216,148 $154,717
2020 $5,391 $367,063 $213,932 $153,131
2019 $5,201 $359,867 $209,738 $150,129
2018 $5,068 $352,812 $205,626 $147,186
2016 $4,845 $339,114 $197,643 $141,471
2015 $4,774 $334,021 $194,675 $139,346
2014 $4,775 $327,479 $190,862 $136,617
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: P832276

California Regional Multiple Listing Service (CRMLS)

APN: 6044-002-010