NOT LISTED FOR SALE

1600 E 87th St Los Angeles, CA 90002

Estimated Value: $575,000 - $782,000

3 Beds
2 Baths
1,768 Sq Ft
$378/Sq Ft Est. Value

Last Sold October 23, 2015

Last sale price $350,000 $198 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $3,950/month

311 Days on Market

About This Home

As of October 2015

Duplex in the city of Los Angeles.

Last Agent to Sell the Property

antonio acereto

HIGHPOINT INVESTMENTS, INC. License #01705568 Listed on: 11/15/2014

Last Buyer's Agent

Elvia Z. DiLello

Keller Williams Downtown LA License #01453434

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1989

Lot Details

  • 5,665 Sq Ft Lot
  • No Common Walls
  • Density is 11-15 Units/Acre

Parking

  • 3 Car Garage

Home Design

  • 1,768 Sq Ft Home

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Location

  • Urban Location

Listing and Financial Details

  • Assessor Parcel Number 6044002046

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $500
  • Water Sewer Expense $2,500
  • Gross Income $3,000
  • Net Operating Income $33,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1989

Lot Details

5,665 Sq Ft Lot

Parking

3

Listing Details

  • Property Attached: No
  • Road Frontage Type: City Street
  • Water Sewer Expenses: 2500.00
  • Property Type: Residential Income
  • Parcel Number: 6044002046
  • Year Built: 1989
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 197.96

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 10.00

Utilities

  • Utilities: Sewer Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Urban

Lot Info

  • Lot Features: 11-15 Units/Acre
  • Lot Size Sq Ft: 5665.00
  • Price Per Lot Square Foot: 61.78
  • Lot Size Acres: 0.1300

Multi Family

  • Gross Income: 3000.00
  • Gross Scheduled Income: 36000.00
  • Insurance Expense: 500.00
  • Lot Size Area: 5665.0000 Square Feet
  • Net Operating Income: 33000.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 3000.00
  • Rent Control: No

Tax Info

  • Tax Lot: 00
  • Tax Tract Number: 00
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 15, 2014
Closed on
Oct 20, 2015
Sold by
Buenrostro Noe
Bought by
Buenrostro Noe and Hemandez Yadira Palomino
Seller's Agent
antonio acereto
HIGHPOINT INVESTMENTS, INC.
Buyer's Agent
Elvia Z. DiLello
Keller Williams Downtown LA
List Price
$330,000
Sold Price
$350,000
Premium/Discount to List
$20,000
6.06%
Current Estimated Value
$667,548

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$317,548
Avg. Annual Appreciation
6.44%
Original Mortgage
$343,660
Outstanding Balance
$271,394
Interest Rate
3.99%
Mortgage Type
FHA
Estimated Equity
$396,154

Purchase Details

Listed on
Nov 15, 2014
Closed on
Sep 30, 2015
Sold by
Perez Manuela Ruiz
Bought by
Buenrostro Noe
Seller's Agent
antonio acereto
HIGHPOINT INVESTMENTS, INC.
Buyer's Agent
Elvia Z. DiLello
Keller Williams Downtown LA
List Price
$330,000
Sold Price
$350,000
Premium/Discount to List
$20,000
6.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$343,660
Outstanding Balance
$271,394
Interest Rate
3.99%
Mortgage Type
FHA
Estimated Equity
$396,154

Purchase Details

Closed on
Dec 27, 2006
Sold by
Quintero Justo Pio and Perez Manuela Ruiz
Bought by
Quintero Justo Pio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 22, 2005
Sold by
Quintero Justo Pio and Perez Manuela Ruiz
Bought by
Quintero Justo Pio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$301,000
Interest Rate
1.95%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 9, 1993
Sold by
Frias Pedro
Bought by
Quintero Justo Pio and Ruiz Manuela Pio
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
Buenrostro Noe -- Accommodation
Buenrostro Noe -- Lawyers Title
Buenrostro Noe $350,000 Lawyers Title
Quintero Justo Pio -- Commonwealth Land Title
Quintero Justo Pio -- --
Quintero Justo Pio -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Buenrostro Noe $343,660
Previous Owner Quintero Justo Pio $480,000
Previous Owner Quintero Justo Pio $301,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/23/2015 10/23/15 Sold $350,000 +6.1% $198 / Sq Ft
09/22/2015 09/22/15 Pending -- -- --
11/15/2014 11/15/14 For Sale $330,000 -- $187 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $6,129 $414,324 $295,947 $118,377
2024 $6,129 $406,201 $290,145 $116,056
2023 $5,862 $398,237 $284,456 $113,781
2022 $5,607 $390,429 $278,879 $111,550
2021 $5,542 $382,774 $273,411 $109,363
2019 $5,381 $371,422 $265,302 $106,120
2018 $5,258 $364,140 $260,100 $104,040
2016 $5,035 $350,000 $250,000 $100,000
2015 $4,150 $275,362 $93,856 $181,506
2014 $4,155 $269,969 $92,018 $177,951
Source: Public Records

Agents Affiliated with this Home

  • a

    Seller's Agent in 2015

    antonio acereto

    HIGHPOINT INVESTMENTS, INC.

    (626) 736-6671

    2 Total Sales

    antonio acereto
    Section Image

  • E

    Buyer's Agent in 2015

    Elvia Z. DiLello

    Keller Williams Downtown LA

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV14242872

California Regional Multiple Listing Service (CRMLS)

APN: 6044-002-046

California Los Angeles County Los Angeles 90002

1600 E 87th St, Los Angeles, CA

Not Listed for Sale

MultiFamily

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California Regional Multiple Listing Service (CRMLS) 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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