
1615 E 87th Place Unit 2 Los Angeles, CA 90002
Highlights
- Park
- 4-minute walk to Firestone Station
- Wall Furnace
- Laundry Room
- Ceiling Fan
- 5-minute walk to Colonel Leon H. Washington Park
About This Home
As of December 2024LOCATION, LOCATION, LOCATION!! This duplex offers an unparalleled combination of privacy, flexibility, and income potential. Whether you’re looking for a smart investment or a spacious family home, this property is a standout choice. Two houses in a lot featuring 8 bedrooms 4 bath, each unit is 4/2. Seller is working diligently with the tenants to DELIVER THE PROPERTY VACANT at the COE. Showings are by appointment ONLY, please do not disturb the tenants.
Last Agent to Sell the Property
Realty Executives Comm. & Res. Brokerage Phone: 323-855-1222 License #01759668

Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,678
Year Built
- Built in 1921
Lot Details
- 5,675 Sq Ft Lot
- 1 Common Wall
- Front Yard
Home Design
- Duplex
Interior Spaces
- 2,237 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Laminate Flooring
- Laundry Room
Bedrooms and Bathrooms
- 8 Bedrooms
- 4 Bathrooms
Utilities
- Wall Furnace
Listing and Financial Details
- Tenant pays for electricity, gas, insurance
- Tax Lot 72
- Tax Tract Number 535102
- Assessor Parcel Number 6044002034
Community Details
Overview
- 2 Units
Recreation
- Park
Building Details
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
- Operating Expense $10,212
- Gross Income $75,600
- Net Operating Income $65,388
Ownership History
Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Purchase Details
Purchase Details
Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Map
Similar Homes in Los Angeles, CA
Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Grant Deed | $790,000 | Lawyers Title | |
Interfamily Deed Transfer | -- | First American Title Company | |
Interfamily Deed Transfer | -- | Usa National Title Company | |
Interfamily Deed Transfer | -- | Usa National Title Company | |
Interfamily Deed Transfer | -- | Investors Title Company | |
Grant Deed | -- | Southland Title Corporation | |
Quit Claim Deed | -- | Old Republic Title Company | |
Corporate Deed | $239,000 | Bridgespan Title | |
Grant Deed | $75,000 | Southland Title | |
Corporate Deed | -- | Landsafe Title | |
Trustee Deed | $138,913 | Landsafe Title | |
Gift Deed | -- | -- | |
Grant Deed | $129,000 | Benefit Land Title Company | |
Grant Deed | $70,000 | Gateway Title Company | |
Trustee Deed | $49,985 | American Title Ins Co |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Previous Owner | $775,691 | FHA | |
Previous Owner | $448,500 | New Conventional | |
Previous Owner | $372,000 | New Conventional | |
Previous Owner | $310,000 | New Conventional | |
Previous Owner | $453,750 | Negative Amortization | |
Previous Owner | $369,500 | Fannie Mae Freddie Mac | |
Previous Owner | $300,000 | Purchase Money Mortgage | |
Previous Owner | $250,500 | Purchase Money Mortgage | |
Previous Owner | $239,000 | No Value Available | |
Previous Owner | $77,500 | Stand Alone First | |
Previous Owner | $127,956 | FHA | |
Previous Owner | $49,000 | No Value Available |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
12/10/2024 12/10/24 | Sold | $790,000 | 0.0% | $353 / Sq Ft |
09/25/2024 09/25/24 | Pending | -- | -- | -- |
07/25/2024 07/25/24 | For Sale | $790,000 | -- | $353 / Sq Ft |
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 |
---|---|---|---|---|
2024 | $6,678 | $450,958 | $232,312 | $218,646 |
2023 | $6,401 | $442,116 | $227,757 | $214,359 |
2022 | $6,119 | $433,448 | $223,292 | $210,156 |
2021 | $6,045 | $424,950 | $218,914 | $206,036 |
2019 | $5,867 | $412,348 | $212,422 | $199,926 |
2018 | $5,759 | $404,263 | $208,257 | $196,006 |
2016 | $5,510 | $388,567 | $200,171 | $188,396 |
2015 | $5,429 | $382,732 | $197,165 | $185,567 |
2014 | $5,432 | $375,235 | $193,303 | $181,932 |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: RS24149349

APN: 6044-002-034
- 1616 E 87th St
- 1539 E 87th St
- 1519 E 89th St
- 8711 Beach St
- 1523 E 85th St
- 8627 John Ave
- 8913 Compton Ave
- 8804 Beach St Unit 1/2
- 8804 Beach St
- 8806 Beach St
- 1665 E 84th St
- 8315 Miramonte Blvd
- 8800 Holmes Ave
- 8811 Plevka Ave
- 0 Beach St
- 8917 Bandera St
- 8617 Elm St
- 9208 Graham Ave
- 1243 E 88th St
- 1346 E 83rd St