Justin Quemada
RE/MAX TOP PRODUCERS
(626) 653-4279
49 Total Sales
1 in Florence-Graham
$380,000 Price
1525 E 87th Place Los Angeles, CA 90002
Florence-Graham AreaEstimated Value: $599,000 - $735,000
5
Beds
3
Baths
1,541
Sq Ft
$441/Sq Ft
Est. Value
Highlights
- Landscaped
- Back and Front Yard
- 1-Story Property
- Rectangular Lot
About This Home
As of May 2024Introducing a prime investment opportunity in Los Angeles, this meticulously maintained residential income property features three units offering desirable layouts and amenities. The front unit comprises a spacious 2-bed, 1-bath layout, while the two rear units offer cozy 1-bed, 1-bath and 2-bed 1-bath accommodations. Ample parking, a long driveway, and a large lot enhance convenience and potential. With a strong rental history and promising returns, this property presents an excellent opportunity for investors seeking a hassle-free income stream in a sought-after location. Don't miss out on this lucrative investment prospect! (This Property is part of Los Angeles County, not city!)
Last Agent to Sell the Property
Century 21 Allstars License #02028262 Listed on: 02/27/2024
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1951
Lot Details
- 5,666 Sq Ft Lot
- No Common Walls
- Landscaped
- Rectangular Lot
- Back and Front Yard
Home Design
- Triplex
- Entry on the 1st floor
Interior Spaces
- 5 Bedrooms
- 1,541 Sq Ft Home
- 1-Story Property
Outdoor Features
- Exterior Lighting
Listing and Financial Details
- Tax Lot 80
- Tax Tract Number 535
- Assessor Parcel Number 6044002043
Community Details
Overview
- 3 Units
Building Details
- Rent Control
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- 1 Separate Water Meter
- Gross Income $51,876
- Net Operating Income $51,876
Ownership 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
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 27, 2024
Closed on
May 9, 2024
Sold by
David Mar & Regina Chin Wong-Mar Family and Mar David
Bought by
Seller's Agent
Alberto Sanchez
Century 21 Allstars
Buyer's Agent
ERIK RUIZ
CENTURY 21 REALTY MASTERS
List Price
$649,000
Sold Price
$655,000
Premium/Discount to List
$6,000
0.92%
Views
38
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
$16,012
Avg. Annual Appreciation
1.58%
Original Mortgage
$417,000
Outstanding Balance
$407,516
Interest Rate
6.82%
Mortgage Type
New Conventional
Estimated Equity
$271,928
Purchase Details
Closed on
Dec 17, 2015
Sold by
Mar David and Mar Regina
Bought by
David Mar & Regina Chin Wong Mar Family
Purchase Details
Closed on
Jan 17, 2012
Sold by
Mar David and Mar Regina
Bought by
Mar David and Mar Regina
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,750
Interest Rate
3.88%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 1, 2010
Sold by
Omega Investment Group Inc
Bought by
Mar David and Mar Regina
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,500
Interest Rate
5.03%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 27, 2009
Sold by
Moya Jorge L
Bought by
Omega Investment Group Inc
Purchase Details
Closed on
Nov 30, 2005
Sold by
Cortes Jose O and Cortes Maria S
Bought by
Moya Jorge L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.28%
Mortgage Type
Stand Alone Second
Purchase Details
Closed on
Jul 21, 2004
Sold by
Guillen Armando and Guillen Francisco
Bought by
Cortes Jose O and Cortes Maria S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
6.24%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Feb 12, 2002
Sold by
Duenas Miguel and Leapfrog Investment Corp
Bought by
Guillen Armando and Guillen Francisco
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,122
Interest Rate
6.78%
Mortgage Type
FHA
Purchase Details
Closed on
Jan 4, 2002
Sold by
Villalvazo Jaime
Bought by
Duenas Miguel A and Leapfrog Investment Corp
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,122
Interest Rate
6.78%
Mortgage Type
FHA
Purchase Details
Closed on
May 22, 2001
Sold by
Hud
Bought by
Villalvazo Jaime
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
7.15%
Purchase Details
Closed on
Feb 16, 2000
Sold by
White Mountains Services Corp
Bought by
Hud
Purchase Details
Closed on
Jan 22, 1998
Sold by
Stoakes Wycedra
Bought by
Heredia Jesus and Heredia Rodrigo
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,597
Interest Rate
7.02%
Mortgage Type
FHA
Purchase Details
Closed on
Jun 20, 1997
Sold by
Ocwen Federal Bank Fsb
Bought by
Stokes Wycedra
Purchase Details
Closed on
Jun 3, 1997
Sold by
Alvarado Guillermo
Bought by
Ocwen Federal Bank Fsb
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Los Angeles, CA
-
Justin Quemada
-
Corina Preece
Corina Preece
EXCELLENCE RE REAL ESTATE
(657) 325-8860
45 Total Sales
2 in Florence-Graham
$560,000 Price Range
-
Mario Mariscal
Mario Mariscal
Better Homes and Gardens RE
(562) 471-4695
103 Total Sales
2 in Florence-Graham
$607K - $740K Price Range
-
Luis Gallegos
Luis Gallegos
Keller Williams Pacific Estates
(562) 337-3981
35 Total Sales
1 in Florence-Graham
$875,000 Price
-
Gonzalo Gomez
Gonzalo Gomez
EXCELLENCE RE REAL ESTATE
(562) 414-5730
39 Total Sales
1 in Florence-Graham
$530,000 Price
-
Jason Lowery
Jason Lowery
Compass
(747) 229-0866
86 Total Sales
1 in Florence-Graham
$540,000 Price
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 |
|---|---|---|---|
| $655,000 | Wfg National Title | ||
| David Mar & Regina Chin Wong Mar Family | -- | Accommodation | |
| Mar David | -- | First American Title Company | |
| Mar David | $210,000 | Lawyers Title | |
| Omega Investment Group Inc | -- | None Available | |
| Moya Jorge L | $510,000 | Landsafe Title Of California | |
| Cortes Jose O | $350,000 | Fidelity Long Beach | |
| Guillen Armando | $249,000 | Commerce Title | |
| Duenas Miguel A | -- | -- | |
| Villalvazo Jaime | $155,500 | Benefit Land Title | |
| Hud | -- | -- | |
| White Mountains Services Corp | $158,303 | -- | |
| Heredia Jesus | $150,000 | Chicago Title Co | |
| Stokes Wycedra | $76,000 | Chicago Title Co | |
| Ocwen Federal Bank Fsb | $48,500 | Chicago Title Co |
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 |
|---|---|---|---|
| Open | $417,000 | ||
| Previous Owner | Mar David | $153,750 | |
| Previous Owner | Mar David | $157,500 | |
| Previous Owner | Moya Jorge L | $100,000 | |
| Previous Owner | Moya Jorge L | $400,000 | |
| Previous Owner | Cortes Jose O | $280,000 | |
| Previous Owner | Guillen Armando | $256,579 | |
| Previous Owner | Guillen Armando | $245,122 | |
| Previous Owner | Villalvazo Jaime | $135,000 | |
| Previous Owner | Heredia Jesus | $147,597 |
Source: Public Records
Property 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 | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/10/2024 05/10/24 | Sold | $655,000 | +0.9% | $425 / Sq Ft |
| 04/01/2024 04/01/24 | Pending | -- | -- | -- |
| 02/27/2024 02/27/24 | For Sale | $649,000 | 0.0% | $421 / Sq Ft |
| 08/16/2021 08/16/21 | Rented | $1,650 | 0.0% | -- |
| 07/23/2021 07/23/21 | Off Market | $1,650 | -- | -- |
| 07/15/2021 07/15/21 | For Rent | $1,650 | 0.0% | -- |
| 07/09/2021 07/09/21 | Off Market | $1,650 | -- | -- |
| 06/18/2021 06/18/21 | For Rent | $1,650 | -- | -- |
Source: California Regional Multiple Listing Service (CRMLS)
Tax 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.
| 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 |
|---|---|---|---|---|
| 2026 | $9,771 | $681,462 | $416,160 | $265,302 |
| 2025 | $9,771 | $668,100 | $408,000 | $260,100 |
| 2024 | $4,883 | $265,746 | $148,691 | $117,055 |
| 2023 | $4,559 | $260,536 | $145,776 | $114,760 |
| 2022 | $4,386 | $255,428 | $142,918 | $112,510 |
| 2021 | $4,337 | $250,420 | $140,116 | $110,304 |
| 2019 | $4,225 | $242,994 | $135,961 | $107,033 |
| 2018 | $4,131 | $238,231 | $133,296 | $104,935 |
| 2016 | $3,967 | $228,982 | $128,121 | $100,861 |
| 2015 | $3,913 | $225,543 | $126,197 | $99,346 |
| 2014 | $3,922 | $221,125 | $123,725 | $97,400 |
Source: Public Records
Agents Affiliated with this Home
-
Alberto Sanchez
Seller's Agent in 2024
Alberto Sanchez
Century 21 Allstars
(562) 806-1000
85 Total Sales
-
ERIK RUIZ
Buyer's Agent in 2024
ERIK RUIZ
CENTURY 21 REALTY MASTERS
(323) 722-7300
52 Total Sales
-
Humberto Lopez
Seller's Agent in 2021
Humberto Lopez
Century 21 A Better Service
(323) 447-8363
16 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: DW24039753
APN: 6044-002-043
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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