NOT LISTED FOR SALE

1841 W 87th St Los Angeles, CA 90047

Gramercy Park Neighborhood

Estimated Value: $763,000 - $1,115,000

6 Beds
4 Baths
3,302 Sq Ft
$290/Sq Ft Est. Value

Last Sold October 25, 2019

Last sale price $678,500 $205 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $5,598/month

38 Days on Market

Highlights

  • 6 Car Detached Garage
  • Ceiling Fan
  • 1-minute walk to St Andrews playground

About This Home

As of October 2019

Pride of ownership building. Spacious living rooms, laundry hook-ups in each unit, detached garages, rear balcony. Conveniently located near shopping, freeways, new stadium, parks, and schools. Great rent growth potential. Two units are due for a rent increase. One section 8 unit. Compliant with all city required inspections. Current RSO registration. Submit offers subject to inspection. All offers must include: proof of funds, fico score, and pre-approval letter. Incomplete offers will not be considered. MLS status is current. If the MLS status says active, it is active. All units are tenant occupied. There are no expected vacancies at this time.

Last Agent to Sell the Property

Gid Martin

Gid A. Martin, Jr License #01265291 Listed on: 08/02/2019

Last Buyer's Agent

Aaron McCarty

Redfin Corporation License #01956114

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,913

Year Built

  • Built in 1955

Lot Details

  • 6,001

Parking

  • 6 Car Detached Garage

Home Design

  • Quadruplex

Interior Spaces

  • 3,302 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Additional Features

  • 6,001 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 6036-011-027

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,913

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 3302
  • Stories: 2
  • Year Built: 1955
  • Number Of Photos: 2
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 6
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 4.00
  • Den: 0
  • Price Per S Q F T: 211.69

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Parking Garage: Detached
  • Total Parking: 6

Utilities

  • Cooling: Ceiling Fan
  • Heating: Wall

Lot Info

  • Assessed Improvement Value: 134753
  • Assessed Land Value: 257259
  • Assessor Parcel Number: 6036-011-027
  • Geocode Override: No
  • Lot Size Area: 6001

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Number Of Units: 4
  • Rent Control: 100
  • Total Annual Expense: 400
  • Type Of Units: 4 Plex
  • Vacancy Rate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2019
Closed on
Oct 10, 2019
Sold by
Anderson Arianne
Bought by
Anderson Jeremi
Seller's Agent
Gid Martin
Gid A. Martin, Jr
Buyer's Agent
Aaron McCarty
Redfin Corporation
List Price
$699,000
Sold Price
$678,500
Premium/Discount to List
-$20,500
-2.93%
Current Estimated Value
$958,314

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$279,814
Avg. Annual Appreciation
5.31%
Original Mortgage
$542,800
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 2, 2019
Closed on
Sep 15, 2019
Sold by
Gordon John D and Martin Gid A
Bought by
Anderson Jeremi
Seller's Agent
Gid Martin
Gid A. Martin, Jr
Buyer's Agent
Aaron McCarty
Redfin Corporation
List Price
$699,000
Sold Price
$678,500
Premium/Discount to List
-$20,500
-2.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$542,800
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 27, 2004
Sold by
Gordon John David
Bought by
Gordon John D and Martin Gid A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$370,000
Interest Rate
5.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 12, 2003
Sold by
Onafeso Tony
Bought by
Gordon John David and Martin Gid A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,000
Interest Rate
7.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 27, 1996
Sold by
Kemp William Alexander
Bought by
Onafeso Tony

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,500
Interest Rate
8.23%
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
Anderson Jeremi -- Fidelity National Title
Anderson Jeremi -- Fidelity National Title Co
Anderson Jeremi $678,500 Fidelity National Title Co
Gordon John D -- Fidelity National Title Co
Gordon John David $320,000 Ticor Title
Onafeso Tony $150,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Anderson Jeremi $542,800
Previous Owner Gordon John D $435,000
Previous Owner Gordon John D $370,000
Previous Owner Gordon John David $256,000
Previous Owner Onafeso Tony $145,000
Previous Owner Onafeso Tony $103,500
Closed Onafeso Tony $24,000
Closed Gordon John David $64,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/25/2019 10/25/19 Sold $678,500 -2.9% $205 / Sq Ft
09/09/2019 09/09/19 Pending -- -- --
08/02/2019 08/02/19 For Sale $699,000 -- $212 / Sq Ft
Source: The MLS

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 $5,913 $454,956 $298,568 $156,388
2024 $5,913 $446,036 $292,714 $153,322
2023 $5,811 $437,291 $286,975 $150,316
2022 $5,560 $428,718 $281,349 $147,369
2021 $5,475 $420,313 $275,833 $144,480
2020 $5,524 $416,004 $273,005 $142,999
2019 $5,321 $407,848 $267,652 $140,196
2018 $5,189 $399,852 $262,404 $137,448
2016 $4,938 $384,326 $252,215 $132,111
2015 $4,870 $378,554 $248,427 $130,127
2014 $4,913 $371,139 $243,561 $127,578
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2019

    Gid Martin

    Gid A. Martin, Jr

  • A

    Buyer's Agent in 2019

    Aaron McCarty

    Redfin Corporation

See All Agents

Map

Source: The MLS

MLS Number: 19-496072

The MLS

APN: 6036-011-027

California Los Angeles County Los Angeles 90047 Gramercy Park

1841 W 87th St, Los Angeles, CA

This home is located at 1841 W 87th St, Los Angeles, CA 90047 since 02 August 2019 and is currently estimated at $958,314, approximately $290 per square foot. This property was built in 1955. 1841 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.

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