NOT LISTED FOR SALE

1834 W 87th St Los Angeles, CA 90047

Gramercy Park Neighborhood

Estimated Value: $720,000 - $974,000

4 Beds
4 Baths
2,022 Sq Ft
$434/Sq Ft Est. Value

Last Sold October 12, 2017

Last sale price $538,000 $266 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $5,312/month

10 Days on Market

About This Home

As of October 2017

Nice 3 unit complex consisting of a Detached Single Family Residence in front and 2 units in the back. Property has had some updates.

Last Agent to Sell the Property

Clinton Lewis

Dream Properties & Estates Inc License #01355599 Listed on: 07/17/2017

Last Buyer's Agent

Jonathan Grant

Realty Executives Westside License #00473618

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,618

Year Built

  • Built in 1958

Lot Details

  • 6,751 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Parking

  • 3 Car Garage

Home Design

  • 2,022 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 65
  • Tax Tract Number 11279
  • Assessor Parcel Number 6036011016

Community Details

Overview

  • 2 Buildings
  • 3 Units

Amenities

  • Laundry Facilities

Building Details

  • 3 Leased Units
  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,618

Year Built

Built in 1958

Lot Details

0

Parking

3

Listing Details

  • Property Attached: Yes
  • Zoning: LAR3
  • Property Type: Residential Income
  • Parcel Number: 6036011016
  • Year Built: 1958
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 266.07

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Laundry: Yes
  • Laundry Features: Community, In Garage
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6751.00

Multi Family

  • Average1 Bed Area: 700 Square Meters
  • Average3 Bed Area: 880 Square Feet
  • Average Studio Area: 460 Square Feet
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Rent Control: Yes

Tax Info

  • Tax Census Tract: 2384.00
  • Tax Lot: 65
  • Tax Tract Number: 11279

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 2, 2022
Sold by
Mason Edna S
Bought by
Edna Mason Living Trust
Current Estimated Value
$877,812

Purchase Details

Closed on
Aug 7, 2017
Sold by
Wright Rodney D
Bought by
Mason Edna S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$403,500
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 2, 2013
Closed on
Dec 2, 2013
Sold by
Mckay Michael and Riley Angela
Bought by
Wright Rodney D
Seller's Agent
Byron Williams
Belmar Estates Realtors
Buyer's Agent
Tamara Nelson
Blueprint Realty Group
List Price
$415,000
Sold Price
$391,500
Premium/Discount to List
-$23,500
-5.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.47%
Original Mortgage
$370,878
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
May 12, 2010
Sold by
Bailey Joyce E and Joyce E Bailey Revocable Trust
Bought by
Mckay Michael and Riley Angela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,417
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 24, 2000
Sold by
Bailey Joyce E
Bought by
Bailey Joyce E and The Joyce E Bailey Revocable T
Source: Public Records

Range of Values:

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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
Edna Mason Living Trust -- Gillespie Law Firm
Mason Edna S $538,000 Lawyers Title
Wright Rodney D $391,500 Title365
Mckay Michael $270,000 Itc
Bailey Joyce E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mason Edna S $403,500
Previous Owner Wright Rodney D $389,193
Previous Owner Wright Rodney D $370,878
Previous Owner Mckay Michael $244,227
Previous Owner Mckay Michael $248,417
Previous Owner Bailey Joyce E $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/12/2017 10/12/17 Sold $538,000 +1.5% $266 / Sq Ft
07/27/2017 07/27/17 Pending -- -- --
07/17/2017 07/17/17 For Sale $530,000 +35.4% $262 / Sq Ft
12/09/2013 12/09/13 Sold $391,500 -5.7% $445 / Sq Ft
11/15/2013 11/15/13 Pending -- -- --
10/02/2013 10/02/13 For Sale $415,000 -- $472 / 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 $7,618 $612,145 $427,820 $184,325
2024 $7,618 $600,143 $419,432 $180,711
2023 $7,478 $588,376 $411,208 $177,168
2022 $7,143 $576,841 $403,146 $173,695
2021 $7,048 $565,532 $395,242 $170,290
2020 $7,117 $559,734 $391,190 $168,544
2019 $7,094 $548,760 $383,520 $165,240
2018 $6,999 $538,000 $376,000 $162,000
2016 $5,511 $417,214 $281,147 $136,067
2015 $5,421 $410,948 $276,924 $134,024
2014 $5,314 $391,500 $271,500 $120,000
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2017

    Clinton Lewis

    Dream Properties & Estates Inc

    (323) 702-3701

    18 Total Sales

    Clinton Lewis
    Section Image

  • J

    Buyer's Agent in 2017

    Jonathan Grant

    Realty Executives Westside

    Section Image

  • B

    Seller's Agent in 2013

    Byron Williams

    Belmar Estates Realtors

    (310) 366-9306

    15 Total Sales

    Byron Williams
    Section Image

  • T

    Buyer's Agent in 2013

    Tamara Nelson

    Blueprint Realty Group

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS17160416

California Regional Multiple Listing Service (CRMLS)

APN: 6036-011-016

California Los Angeles County Los Angeles 90047 Gramercy Park

1834 W 87th St, Los Angeles, CA

This home is located at 1834 W 87th St, Los Angeles, CA 90047 since 17 July 2017 and is currently estimated at $877,812, approximately $434 per square foot. This property was built in 1958. 1834 W 87th St is a home located in Los Angeles County with nearby schools including George Washington Preparatory High School, Teach Academy Of Technologies, and Vox Collegiate of Los Angeles.

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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