E
Seller's Agent in 2020
Eric Delgado
Luxury Collective
(310) 909-3464
412 Total Sales
155 E 88th Place Los Angeles, CA 90003
Broadway-Manchester NeighborhoodEstimated Value: $612,585 - $829,000
6
Beds
3
Baths
1,748
Sq Ft
$425/Sq Ft
Est. Value
Highlights
- Wood Flooring
- Living Room
- Ceiling Fan
- Granite Countertops
- Laundry Room
- 4-minute walk to Wall Street Park
About This Home
As of July 2020Prime gated triplex investment opportunity in South Los Angeles! The property has been well maintained and one of the units has been completely renovated and features some beautiful upgrades including kitchen with subway tile backsplash, dark wood cabinetry, granite countertops and stainless steel appliances and living area with light tile that leads to new hardwood laminate flooring in the bedrooms and a gorgeous bathroom with new vanity, glass shower doors and new cabinetry. The additional units are well maintained and have not been recently renovated. The lot provides gated, secure parking for tenants and the property will be delivered fully occupied and provides offers cash flow. Located on a very nice street close to schools, shopping and a short distance to the 110 freeway, don’t miss this triplex with great upside investment potential in a great opportunity zone!
Last Agent to Sell the Property
Luxury Collective License #01831579 Listed on: 04/08/2020
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1960
Lot Details
- 4,081 Sq Ft Lot
- No Common Walls
- Density is 2-5 Units/Acre
Home Design
- Triplex
Interior Spaces
- 1,748 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Living Room
- Laundry Room
Kitchen
- Gas Cooktop
- Granite Countertops
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 6 Bedrooms
- Mirrored Closets Doors
- 3 Bathrooms
Location
- Suburban Location
Utilities
- Phone Available
- Cable TV Available
Listing and Financial Details
- Tenant pays for electricity, gas
- Tax Lot 120
- Tax Tract Number 4279
- Assessor Parcel Number 6041004013
Community Details
Building Details
- 3 Leased Units
- Rent Control
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $650
- Water Sewer Expense $3,000
- Operating Expense $3,650
- Gross Income $40,300
- Net Operating Income $36,650
Additional Features
- 3 Units
- Laundry Facilities
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 8, 2020
Closed on
Jun 10, 2020
Sold by
Sanchez Hector
Bought by
Chow Grace Fung
Seller's Agent
Eric Delgado
Luxury Collective
Buyer's Agent
BENJAMIN HUNG
HUNG REALTY
List Price
$559,900
Sold Price
$550,000
Premium/Discount to List
-$9,900
-1.77%
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
$192,646
Avg. Annual Appreciation
5.60%
Original Mortgage
$350,000
Outstanding Balance
$309,562
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$433,084
Purchase Details
Closed on
Jul 15, 2013
Sold by
Int Property 155E88 Llc
Bought by
Sanchez Hector
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,500
Interest Rate
4.53%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 6, 2012
Sold by
Gilbert Allen
Bought by
Int Property 155E88 Llc
Purchase Details
Listed on
May 15, 2012
Closed on
Aug 15, 2012
Sold by
The Bank Of New York Mellon
Bought by
Gilbert Allen
Seller's Agent
J.J. Lopez
CENTURY 21 REALTY MASTERS
Buyer's Agent
Juree Rambo
Rambo Real Estate Group
List Price
$284,900
Sold Price
$218,000
Premium/Discount to List
-$66,900
-23.48%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.67%
Purchase Details
Closed on
Nov 7, 2011
Sold by
Avila Ruben
Bought by
The Bank Of New York Mellon and The Bank Of New York
Purchase Details
Closed on
Dec 1, 2005
Sold by
Nelson Paul A
Bought by
Nelson Beatriz V
Purchase Details
Closed on
Aug 9, 2004
Sold by
Avila Ma Delrosario
Bought by
Avila Ruben
Purchase Details
Closed on
May 12, 2004
Sold by
Carrillo Maria Margarita and Alvarado Luis Mercado
Bought by
Avila Ruben
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
6.17%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Mar 31, 2001
Sold by
Carrillo Maria Margarita
Bought by
Carrillo Maria Margarita and Alvarado Luis Mercado
Purchase Details
Closed on
May 9, 2000
Sold by
Sierra Housing Foundation
Bought by
Carrillo Maria Margarita
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,585
Interest Rate
8.53%
Mortgage Type
FHA
Purchase Details
Closed on
Jul 15, 1999
Sold by
Hud
Bought by
Sierra Housing Foundation
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
7.89%
Purchase Details
Closed on
Jan 25, 1999
Sold by
Homeside Lending Inc
Bought by
Hud
Purchase Details
Closed on
Aug 18, 1998
Sold by
Rodriguez Angel Cuarenta and Rodriguez Liboria Renteria
Bought by
Homeside Lending Inc
Purchase Details
Closed on
Nov 22, 1996
Sold by
Parra Natalia and Pina Rosa C
Bought by
Rodriguez Angel Cuarenta and Rodriguez Liborio Renteria
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,300
Interest Rate
7.91%
Mortgage Type
FHA
Purchase Details
Closed on
Oct 18, 1994
Sold by
Ellis Mervis
Bought by
Parra Natalia and Pina Rosa C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,400
Interest Rate
5.25%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Chow Grace Fung | $550,000 | Lawyers Title | |
| Sanchez Hector | $358,000 | Chicago Title Company | |
| Int Property 155E88 Llc | -- | None Available | |
| Gilbert Allen | $218,000 | Stewart Title Of California | |
| The Bank Of New York Mellon | $191,250 | Landsafe Title | |
| Nelson Beatriz V | -- | Ticor Title Co | |
| Avila Ruben | -- | Ticor Title Co | |
| Avila Ruben | -- | -- | |
| Avila Ruben | $350,000 | Ticor Title Co Glendale | |
| Carrillo Maria Margarita | -- | -- | |
| Carrillo Maria Margarita | $173,000 | American Title Co | |
| Sierra Housing Foundation | $133,000 | Provident Title | |
| Hud | $199,727 | -- | |
| Homeside Lending Inc | $199,727 | Fidelity National Title Ins | |
| Rodriguez Angel Cuarenta | $179,000 | United Title Co | |
| Parra Natalia | $156,000 | Gateway Title Company | |
| Pina Rosa C | -- | Gateway Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Chow Grace Fung | $350,000 | |
| Previous Owner | Sanchez Hector | $268,500 | |
| Previous Owner | Avila Ruben | $280,000 | |
| Previous Owner | Carrillo Maria Margarita | $171,585 | |
| Previous Owner | Sierra Housing Foundation | $140,000 | |
| Previous Owner | Rodriguez Angel Cuarenta | $174,300 | |
| Previous Owner | Parra Natalia | $140,400 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/02/2020 07/02/20 | Sold | $550,000 | -1.8% | $315 / Sq Ft | |
| 06/08/2020 06/08/20 | Pending | -- | -- | -- | |
| 04/08/2020 04/08/20 | For Sale | $559,900 | +156.8% | $320 / Sq Ft | |
| 09/25/2012 09/25/12 | Sold | $218,000 | -23.5% | $125 / Sq Ft | View Prior Sale |
| 08/07/2012 08/07/12 | Pending | -- | -- | -- | |
| 05/15/2012 05/15/12 | For Sale | $284,900 | -- | $163 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $7,344 | $595,335 | $346,377 | $248,958 |
| 2024 | $7,344 | $583,663 | $339,586 | $244,077 |
| 2023 | $7,205 | $572,220 | $332,928 | $239,292 |
| 2022 | $6,874 | $561,000 | $326,400 | $234,600 |
| 2021 | $6,786 | $550,000 | $320,000 | $230,000 |
| 2020 | $5,134 | $401,274 | $224,176 | $177,098 |
| 2019 | $4,939 | $393,407 | $219,781 | $173,626 |
| 2018 | $4,866 | $385,694 | $215,472 | $170,222 |
| 2016 | $4,642 | $370,719 | $207,106 | $163,613 |
| 2015 | $4,576 | $365,152 | $203,996 | $161,156 |
| 2014 | $4,608 | $358,000 | $200,000 | $158,000 |
Source: Public Records
Agents Affiliated with this Home
-
Eric Delgado
-
Arturo Tavara
Seller Co-Listing Agent in 2020
Arturo Tavara
Luxury Collective
(818) 380-5100
81 Total Sales
-
BENJAMIN HUNG
B
Buyer's Agent in 2020
BENJAMIN HUNG
HUNG REALTY
(626) 278-9393
8 Total Sales
-
J.J. Lopez
Seller's Agent in 2012
J.J. Lopez
CENTURY 21 REALTY MASTERS
(323) 722-7373
13 Total Sales
-
J
Buyer's Agent in 2012
Juree Rambo
Rambo Real Estate Group
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SR20070357
APN: 6041-004-013
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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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