NOT LISTED FOR SALE

1626 E 87th Place Los Angeles, CA 90002

Estimated Value: $639,000 - $798,000

2 Beds
1 Bath
1,600 Sq Ft
$444/Sq Ft Est. Value

Sale Details

Date Sold: January 13, 2022

Last sale price $680,000 $425 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $4,664 / mo

78 Days on Market

Highlights

  • No HOA
  • Outdoor Storage
  • Auto Driveway Gate
  • More Than Two Accessible Exits
  • Wood Fence
  • Wall Furnace

About This Home

As of January 2022

This home is located at 1626 E 87th Place, Los Angeles, CA 90002 since 10 July 2021 and is currently estimated at $711,128, approximately $444 per square foot. This property was built in 1964. 1626 E 87th Place is a home located in Los Angeles County with nearby schools including Judith F. Baca Arts Academy, Charles Drew Middle School, and Academy For Multiligual Arts And Science At Mervyn M. Dymally High.

Last Agent to Sell the Property

Shirley Martinez

Shirley Martinez, Broker License #01928049 Listed on: 07/10/2021

Last Buyer's Agent

Shirley Martinez

Shirley Martinez, Broker License #01928049 Listed on: 07/10/2021

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Lot Details

  • 5,590 Sq Ft Lot
  • No Common Walls
  • Wood Fence
  • Density is up to 1 Unit/Acre

Home Design

  • Entry on the 1st floor
  • Cedar

Interior Spaces

  • 1,600 Sq Ft Home
  • 1-Story Property
  • Window Screens

Kitchen

  • Microwave
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Laundry

  • Laundry in unit
  • Gas And Electric Dryer Hookup

Parking

  • Parking Available
  • Auto Driveway Gate
  • On-Site Parking

Outdoor Features

  • Outdoor Storage
  • Rain Gutters

Utilities

  • Wall Furnace
  • Water Not Available
  • Phone Available
  • Cable TV Available

Additional Features

  • More Than Two Accessible Exits
  • Urban Location

Listing and Financial Details

  • Tax Lot 103
  • Tax Tract Number 222
  • Assessor Parcel Number 6044003022

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $75
  • Trash Expense $100
  • Water Sewer Expense $250
  • Operating Expense $2,000
  • Gross Income $34,000
  • Net Operating Income $1,200

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

5,590 Sq Ft Lot

Listing Details

  • Assessments: No
  • Property Attached: No
  • View: No
  • Water Sewer Expenses: 250.00
  • Zoning: LCR2YY
  • Property Type: Residential Income
  • Parcel Number: 6044003022
  • Year Built: 1964
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: No Common Walls
  • Accessibility Features: 2+ Access Exits
  • Appliances: Yes
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 425.00
  • Room Type: All Bedrooms Down
  • Window Features: Screens

Exterior Features

  • Other Structures: Storage
  • Exterior Features: Rain Gutters
  • Fence: Yes
  • Fencing: Wood
  • Pool Private: No
  • Spa: No
  • Construction Materials: Cedar

Garage/Parking

  • Parking: Yes
  • Parking Features: Auto Driveway Gate, On Site

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Available, Phone Available, Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Disposal, Microwave
  • Electric: Standard
  • Heating Type: Wall Furnace
  • Laundry Features: Gas & Electric Dryer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 100.00
  • Water Source: None

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5590.00
  • Lot Size Acres: 0.1283

Multi Family

  • Gross Income: 34000.00
  • Gross Scheduled Income: 36000.00
  • Insurance Expense: 75.00
  • Lot Size Area: 5590.0000 Square Feet
  • Net Operating Income: 1200.00
  • 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: 820.00
  • Rent Control: No
  • Total Expenses: 2000.00

Tax Info

  • Tax Census Tract: 5351.02
  • Tax Lot: 103
  • Tax Tract Number: 222

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2021
Closed on
Jan 7, 2022
Sold by
Bought by
Seller's Agent
Shirley Martinez
Shirley Martinez, Broker
Buyer's Agent
Shirley Martinez
Shirley Martinez, Broker
List Price
$750,000
Sold Price
$680,000
Premium/Discount to List
-$70,000
-9.33%
Current Estimated Value
$711,128

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,128
Avg. Annual Appreciation
1.01%
Original Mortgage
$667,683
Outstanding Balance
$613,598
Interest Rate
3.05%
Mortgage Type
FHA
Estimated Equity
$97,530

Purchase Details

Closed on
Jun 7, 2012
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,500
Interest Rate
3.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 26, 2011
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
4.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 14, 2009
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,626
Interest Rate
5.31%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 13, 2008
Sold by
Bought by

Purchase Details

Closed on
Dec 9, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
6.21%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Dec 18, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$319,145
Interest Rate
4.57%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 22, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$319,145
Interest Rate
4.57%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 10, 2001
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,250
Interest Rate
7.15%

Purchase Details

Closed on
Jul 14, 2000
Sold by
Bought by

Purchase Details

Closed on
Mar 6, 2000
Sold by
Bought by

Purchase Details

Closed on
Feb 28, 2000
Sold by
Bought by

Purchase Details

Closed on
Sep 30, 1999
Sold by
Bought by

Purchase Details

Closed on
Aug 13, 1999
Sold by
Bought by

Purchase Details

Closed on
Sep 13, 1994
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,658
Interest Rate
4.45%

Purchase Details

Closed on
Aug 26, 1994
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,658
Interest Rate
4.45%

Purchase Details

Closed on
Sep 15, 1993
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$24,000
Interest Rate
6.98%
Mortgage Type
Seller Take Back
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$680,000 Pacific Coast Title
$245,000 Fidelity National Title Co
-- Pacific Coast Title
$135,000 First American Title Ins Co
$269,964 Accommodation
$450,000 Chicago Title Co
-- --
$365,000 Chicago Title Co
$195,000 --
-- Stewart Title
$125,000 Stewart Title
$140,000 Stewart Title
$140,000 Stewart Title
-- --
-- --
-- Continental Lawyers Title Co
$142,000 Continental Lawyers Title Co
$50,000 Gateway Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $667,683
Previous Owner $183,500
Previous Owner $128,000
Previous Owner $123,626
Previous Owner $90,000
Previous Owner $360,000
Previous Owner $319,145
Previous Owner $185,250
Previous Owner $127,658
Previous Owner $24,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/13/2022 01/13/22 Sold $680,000 0.0% $425 / Sq Ft
09/27/2021 09/27/21 Pending -- -- --
07/10/2021 07/10/21 Price Changed $680,000 -9.3% $425 / Sq Ft
07/10/2021 07/10/21 For Sale $750,000 +31.6% $469 / Sq Ft
04/12/2021 04/12/21 Sold $570,000 -2.6% $364 / Sq Ft View Prior Sale
12/28/2020 12/28/20 For Sale $585,000 -- $374 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $9,959 $721,620 $509,379 $212,241
2024 $9,659 $707,472 $499,392 $208,080
2023 $9,327 $693,600 $489,600 $204,000
2022 $8,892 $680,000 $480,000 $200,000
2021 $4,292 $278,715 $154,033 $124,682
2020 $4,318 $275,858 $152,454 $123,404
2019 $4,172 $270,450 $149,465 $120,985
2018 $4,083 $265,148 $146,535 $118,613
2016 $3,911 $254,854 $140,846 $114,008
2015 $3,855 $251,027 $138,731 $112,296
2014 $3,860 $246,111 $136,014 $110,097
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2022

    Shirley Martinez

    Shirley Martinez, Broker

    Section Image

  • D

    Seller's Agent in 2021

    David Guizado

    First Family Homes

    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC21137086

California Regional Multiple Listing Service (CRMLS)

APN: 6044-003-022

California Los Angeles County Los Angeles 90002

1626 E 87th Place, Los Angeles, CA

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

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.