NOT LISTED FOR SALE

1616 E 87th St Los Angeles, CA 90002

Estimated Value: $696,000 - $842,000

4 Beds
3 Baths
1,732 Sq Ft
$440/Sq Ft Est. Value

Last Sold April 17, 2023

Last sale price $665,000 $384 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $4,765/month

262 Days on Market

Highlights

  • Gated Parking
  • 3-minute walk to Firestone Station
  • 5-minute walk to Colonel Leon H. Washington Park
  • Front Yard

About This Home

As of April 2023

Property Id: 1525113

Unit 1 is part of a three-unit property that includes a front unit with an attached portion of the second unit and a detached unit in the back, each with private, separate entrances. We are currently renting out the front unit, which is a single-family home featuring 2 bedrooms and 1.5 bathrooms, parking for up to 2 cars, and access to install an indoor washer and dryer. Tenant is responsible for all utilities except water, and no smoking of any kind is allowed inside the house. Rent is $2,700 per month, with move-in costs totaling $5,400, which includes the first month's rent and security deposit. The home is currently occupied and is expected to be available around August 15, 2025.

Last Agent to Sell the Property

Daryl Owen

eXp Realty of Greater Los Angeles License #01727084 Listed on: 06/04/2022

eXp Realty of Greater Los Angeles

Co-Listed By

Bob Badiian

Keller Williams Coastal Prop License #01993555

Last Buyer's Agent

Rose Ibrahim

eHomes License #02167923

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1910

Lot Details

  • 5,660 Sq Ft Lot
  • No Common Walls
  • Front Yard

Home Design

  • 1,732 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Parking

  • 5 Parking Spaces
  • Parking Available
  • Driveway
  • Gated Parking

Additional Features

  • Laundry in Kitchen
  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 58
  • Tax Tract Number 1198
  • Assessor Parcel Number 6044002019
  • $1,066 per year additional tax assessments

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Operating Expense $23,730
  • Gross Income $68,400
  • Net Operating Income $44,670

Property Details

Home Type

Multi-Family

Year Built

Built in 1910

Lot Details

0

Listing Details

  • CapRate: 7.00
  • Property Attached: No
  • Zoning: LCR2YY
  • Property Type: Residential Income
  • Parcel Number: 6044002019
  • Year Built: 1910
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 383.95

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway, Gated
  • Total Parking Spaces: 5.00

Utilities

  • Laundry Features: In Kitchen
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard
  • Lot Size Sq Ft: 5660.00
  • Lot Size Acres: 0.1299

Multi Family

  • Gross Income: 68400.00
  • Gross Scheduled Income: 68400.00
  • Lot Size Area: 5660.0000 Square Feet
  • Net Operating Income: 44670.00
  • 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: 23730.00
  • Rent Control: No
  • Total Expenses: 23730.00

Tax Info

  • Tax Census Tract: 5351.02
  • Tax Lot: 58
  • Tax Tract Number: 1198
  • TaxOtherAnnualAssessmentAmount: 1066.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 8, 2013
Sold by
Edwards Clara Mae
Bought by
Edwards Clara Mae and Clara Mae Edwards Living Trust
Current Estimated Value
$761,254

Purchase Details

Closed on
Dec 13, 2005
Sold by
Edwards Clara Mae
Bought by
Edwards Clara Mae

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
7.49%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Edwards Clara Mae -- None Available
Edwards Clara Mae -- Gateway Title Company Orange
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Edwards Clara Mae $195,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/11/2025 09/11/25 Off Market $2,700 -- --
07/08/2025 07/08/25 For Rent $2,700 0.0% --
04/17/2023 04/17/23 Sold $665,000 +2.3% $384 / Sq Ft
02/21/2023 02/21/23 Pending -- -- --
02/11/2023 02/11/23 For Sale $649,880 0.0% $375 / Sq Ft
01/26/2023 01/26/23 Pending -- -- --
12/22/2022 12/22/22 Price Changed $649,880 0.0% $375 / Sq Ft
12/22/2022 12/22/22 For Sale $649,880 +3.2% $375 / Sq Ft
08/02/2022 08/02/22 Pending -- -- --
06/04/2022 06/04/22 For Sale $629,880 -- $364 / 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 $9,323 $691,866 $483,786 $208,080
2024 $9,323 $678,300 $474,300 $204,000
2023 $1,319 $24,204 $11,275 $12,929
2022 $1,294 $23,730 $11,054 $12,676
2021 $1,271 $23,266 $10,838 $12,428
2020 $1,267 $23,028 $10,727 $12,301
2019 $1,250 $22,577 $10,517 $12,060
2018 $1,178 $22,135 $10,311 $11,824
2016 $1,120 $21,277 $9,911 $11,366
2015 $1,109 $20,959 $9,763 $11,196
2014 $1,117 $20,549 $9,572 $10,977
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW22119577

California Regional Multiple Listing Service (CRMLS)

APN: 6044-002-019