NOT LISTED FOR SALE

1638 E 88th St Los Angeles, CA 90002

Estimated Value: $578,000 - $622,000

3 Beds
2 Baths
950 Sq Ft
$633/Sq Ft Est. Value

Last Sold October 30, 2015

Last sale price $205,000 $216 Per Sq Ft

Est. 193% increase in value since last sale

Current estimated payment $3,657/month

121 Days on Market

Highlights

  • Property is near park
  • Living Room
  • Tile Flooring
  • No HOA

About This Home

As of October 2015

Great Opportunity for investors. The property has 3 bedrooms/2baths.Needs TLC and lot of potential in the back of the property there is a foundation already done for the buyer to build another 2 bedroom/1bath unit 603 sq/ft everything its legal and updated.

Last Agent to Sell the Property

Silvia Reano

Century 21 Realty Masters License #01720473 Listed on: 03/18/2015

Last Buyer's Agent

Angel Castillo

Cross Home Realty License #01279436

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1928

Lot Details

  • 6,297 Sq Ft Lot
  • Property fronts an alley

Interior Spaces

  • 950 Sq Ft Home
  • Living Room

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • Carport
  • Parking Available

Location

  • Property is near park
  • Urban Location

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 149
  • Tax Tract Number 5351
  • Assessor Parcel Number 6044004025

Home Details

Home Type

Single Family

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Assessments: No
  • Property Attached: No
  • Road Frontage Type: Alley
  • View: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 6044004025
  • Year Built: 1928
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 950.00
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Levels: One
  • Price Per Square Foot: 215.79
  • Room Type: Living Room

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Carport

Utilities

  • Utilities: Sewer Available
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Lot Features: Park Nearby
  • Lot Size Sq Ft: 6297.00
  • Price Per Lot Square Foot: 32.56
  • Lot Size Acres: 0.1450

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6297.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 149
  • Tax Tract Number: 5351

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2015
Closed on
Sep 29, 2015
Sold by
Ramirez Ruben D Chong
Bought by
Sky Realty Investments Llc
Seller's Agent
Silvia Reano
Century 21 Realty Masters
Buyer's Agent
Angel Castillo
Cross Home Realty
List Price
$320,000
Sold Price
$205,000
Premium/Discount to List
-$115,000
-35.94%
Current Estimated Value
$601,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$396,000
Avg. Annual Appreciation
11.11%

Purchase Details

Closed on
Dec 12, 2005
Sold by
Hernandez Tomasa De La Cruz
Bought by
Ramirez Ruben D Chong

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,000
Interest Rate
1%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Nov 17, 2005
Sold by
Paz Elvin O
Bought by
Ramirez Ruben D Chong

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,000
Interest Rate
1%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Sep 2, 2004
Sold by
Paz Karina Dalila
Bought by
Paz Elvin O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 27, 2004
Sold by
Garcia Rosa M and Ramirez Ricardo V
Bought by
Paz Elvin O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Sky Realty Investments Llc $205,000 Lawyers Title
Ramirez Ruben D Chong -- First American Title Co La
Ramirez Ruben D Chong $345,000 Fatcola
Paz Elvin O -- --
Paz Elvin O $235,000 Gateway Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ramirez Ruben D Chong $276,000
Previous Owner Paz Elvin O $188,000
Closed Paz Elvin O $47,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/30/2015 10/30/15 Sold $205,000 +4.6% $216 / Sq Ft
07/21/2015 07/21/15 Price Changed $195,900 -38.8% $206 / Sq Ft
07/17/2015 07/17/15 Pending -- -- --
03/18/2015 03/18/15 For Sale $320,000 -- $337 / 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 $6,178 $456,684 $194,139 $262,545
2024 $6,178 $447,731 $190,333 $257,398
2023 $6,075 $438,952 $186,601 $252,351
2022 $5,795 $430,346 $182,943 $247,403
2021 $5,727 $421,908 $179,356 $242,552
2020 $5,769 $417,582 $177,517 $240,065
2019 $945 $269,668 $174,037 $95,631
2018 $3,182 $213,281 $170,625 $42,656
2016 $3,046 $205,000 $164,000 $41,000
2015 $3,585 $252,000 $188,000 $64,000
2014 $3,642 $252,000 $188,000 $64,000
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2015

    Silvia Reano

    Century 21 Realty Masters

  • A

    Buyer's Agent in 2015

    Angel Castillo

    Cross Home Realty

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW15058742

California Regional Multiple Listing Service (CRMLS)

APN: 6044-004-025

California Los Angeles County Los Angeles 90002

1638 E 88th St, Los Angeles, CA

Not Listed for Sale

Detached

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