$790,000
SOLD DEC 10, 2024

1615 E 87th Place Unit 2 Los Angeles, CA 90002

Florence-Graham Neighborhood
8 Beds
4 Baths
2,237 Sq Ft
5,675 Sq Ft Lot

Recently Sold

$353 Per Sq Ft

62 Days on Market

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 2024

LOCATION, 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

Azeneth Gonzalez

Realty Executives Comm. & Res. Brokerage Phone: 323-855-1222 License #01759668 Listed on: 07/25/2024

Realty Executives Comm. & Res.

Last Buyer's Agent

PATRICIA OCHOA

UNITED BROKERS REALTY License #01149646

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
  • Entry on the 1st floor

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,678

Year Built

Built in 1921

Lot Details

0

Listing Details

  • Price Per Unit: 395000
  • Property Attached: Yes
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 6044002034
  • Year Built: 1921
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Ceiling Fan(s)
  • Stories: 1
  • Entry Location: Ground Level
  • Common Walls: 1 Common Wall
  • Flooring: Laminate
  • Entry Level: 1
  • Price Per Square Foot: 353.15

Exterior Features

  • Pool Private: No

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Inside
  • Sewer: Public Sewer

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Park

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard
  • Lot Size Sq Ft: 5675.00
  • Lot Size Acres: 0.1303
  • Latitude Manual: 33.95827100

Rental Info

  • Tenant Pays: Electricity, Gas, Insurance

Multi Family

  • Gross Income: 75600.00
  • Gross Scheduled Income: 75600.00
  • Lot Size Area: 5675.0000 Square Feet
  • Net Operating Income: 65388.00
  • 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: 10212.00
  • Rent Control: No
  • Total Expenses: 10212.00

Tax Info

  • Tax Lot: 72
  • Tax Tract Number: 535102

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 1, 2024
Sold by
Torres Carmelo Enriquez and Mendez Delfina
Bought by
Juarez Antonio Rodriguez
Current Estimated Value
$795,094

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$775,691
Interest Rate
6.54%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 24, 2019
Sold by
Torres Carmelo Enrique and Enriquez Mariela
Bought by
Torres Carmelo Enriquez and Mendez Delfina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$372,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 31, 2017
Sold by
Torres Carmelo E
Bought by
Torres Carmelo E and Enriquez Mariela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,000
Interest Rate
4.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 5, 2007
Sold by
Torres Carmelo Enriquez
Bought by
Torres Carmelo E and Mendez Delfina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$453,750
Interest Rate
6.31%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Nov 29, 2004
Sold by
Flores Erik
Bought by
Torres Carmelo Enriquez

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 5, 2003
Sold by
Enriquez Carmelo
Bought by
Flores Erik

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,500
Interest Rate
5.97%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 1, 2002
Sold by
Residential Revitalization Corp
Bought by
Flores Erik and Enriquez Carmelo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$239,000
Interest Rate
6.78%

Purchase Details

Closed on
Jul 24, 2001
Sold by
Hud
Bought by
Residential Revitalization Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,500
Interest Rate
7.1%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Mar 31, 2000
Sold by
Countrywide Home Loans Inc
Bought by
Hud

Purchase Details

Closed on
Mar 30, 2000
Sold by
Cipres Victor C
Bought by
Countrywide Home Loans Inc

Purchase Details

Closed on
Dec 16, 1998
Sold by
Cipres Victor Ceja
Bought by
Cipres Victor Ceja

Purchase Details

Closed on
Jun 24, 1997
Sold by
Gonzalez Ivette
Bought by
Cipres Victor Ceja and Lucatero Pedro Ceja

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,956
Interest Rate
7.7%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 23, 1996
Sold by
Royal Thrift & Loan Company
Bought by
Gonzalez Ivette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,000
Interest Rate
4.25%

Purchase Details

Closed on
Mar 5, 1996
Sold by
Donald James S
Bought by
Royal Thrift & Loan Company
Source: Public Records

Range of Values:

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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 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
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $775,691 FHA
Previous Owner $372,000 New Conventional
Previous Owner $310,000 New Conventional
Previous Owner $453,750 Negative Amortization
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
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
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
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 $6,678 $790,000 $540,000 $250,000
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: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2024

    Azeneth Gonzalez

    Realty Executives Comm. & Res.

    (562) 328-5576

    2 in this area

    16 Total Sales

    Azeneth Gonzalez
    Section Image

  • P

    Buyer's Agent in 2024

    PATRICIA OCHOA

    UNITED BROKERS REALTY

    (323) 855-5723

    1 in this area

    21 Total Sales

    PATRICIA OCHOA
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS24149349

California Regional Multiple Listing Service (CRMLS)

APN: 6044-002-034

California Los Angeles County Los Angeles 90002 Florence-Graham

1615 E 87th Place Unit 2, Los Angeles, CA

This home is located at 1615 E 87th Place Unit 2, Los Angeles, CA 90002 and is currently priced at $790,000, approximately $353 per square foot. This property was built in 1921. 1615 E 87th Place Unit 2 is a home located in Los Angeles County with nearby schools including Russell Elementary School, Charles Drew Middle School, and Academy For Multiligual Arts And Science At Mervyn M. Dymally High.

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.

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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