NOT LISTED FOR SALE

218 W 87th Place Los Angeles, CA 90003

Broadway-Manchester Neighborhood

Estimated Value: $572,000 - $793,000

2 Beds
2 Baths
1,440 Sq Ft
$485/Sq Ft Est. Value

Last Sold April 15, 2015

Last sale price $275,000 $191 Per Sq Ft

Est. 154% increase in value since last sale

Current estimated payment $4,039/month

101 Days on Market

About This Home

As of April 2015

Very nice units, back units built approximated in 2007 no rent control, near to schools, shopping and freeway.THIS IS A SHORT SALE,,,,
SHORT SALE. CALL E IF YOU HAVE ANY QUESTION.....

Last Agent to Sell the Property

Jesus Bencomo

Big Block Powerhouse Realty License #01126869 Listed on: 11/28/2014

Last Buyer's Agent

Jesus Bencomo

Big Block Powerhouse Realty License #01126869 Listed on: 11/28/2014

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,126

Year Built

  • Built in 1921

Lot Details

  • 5,374 Sq Ft Lot
  • No Common Walls
  • No Sprinklers
  • Private Yard

Parking

  • 6 Parking Spaces

Home Design

  • 1,440 Sq Ft Home

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Additional Features

  • Exterior Lighting
  • Sewer Assessments

Listing and Financial Details

  • Tax Lot 17
  • Tax Tract Number 337
  • Assessor Parcel Number 6040020024

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $75
  • Insurance Expense $39
  • Water Sewer Expense $125
  • New Taxes Expense $280
  • Gross Income $10,700
  • Net Operating Income $10,700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,126

Year Built

Built in 1921

Lot Details

0

Listing Details

  • Other Phone Description: 562-416-4445
  • Property Attached: No
  • Water Sewer Expenses: 125.00
  • Property Type: Residential Income
  • Parcel Number: 6040020024
  • Year Built: 1921
  • Special Features: 12
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 190.97

Exterior Features

  • Pool Private: No

Garage/Parking

  • Total Parking Spaces: 6.00

Utilities

  • Sewer: Sewer Assessments
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Street Lights

Lot Info

  • Lot Features: Sprinklers None, Walkstreet, Yard
  • Lot Size Sq Ft: 5374.00
  • Lot Size Acres: 0.1230

Multi Family

  • Electric Expense: 75.00
  • Gross Income: 10700.00
  • Gross Scheduled Income: 12000.00
  • Insurance Expense: 39.00
  • Lot Size Area: 5374.0000 Square Feet
  • Net Operating Income: 10700.00
  • 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: 1300.00
  • Rent Control: Yes

Tax Info

  • New Taxes Expense: 280.00
  • Tax Lot: 17
  • Tax Tract Number: 337
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 2, 2021
Sold by
Dominguez Erick and Dominguez Ruth N
Bought by
Dominguez Erick and Dominguez Ruth
Current Estimated Value
$698,935

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,100
Outstanding Balance
$250,518
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$448,417

Purchase Details

Closed on
Jul 11, 2017
Sold by
Dominguez Erick and Dominguez Ruth N
Bought by
Dominguez Erick and Dominguez Ruth N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 28, 2014
Closed on
Feb 24, 2015
Sold by
Olea Gorgonio and Olea Maria
Bought by
Dominguez Erick and Dominguez Ruth
Seller's Agent
Jesus Bencomo
Big Block Powerhouse Realty
Buyer's Agent
Jesus Bencomo
Big Block Powerhouse Realty
List Price
$339,900
Sold Price
$275,000
Premium/Discount to List
-$64,900
-19.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.26%
Original Mortgage
$265,821
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 20, 2014
Sold by
Olea Gorgonio and Olea Maria E
Bought by
Olea Gorgonio and Olea Maria E

Purchase Details

Closed on
Apr 27, 2006
Sold by
Olea Gorgonio and Olea Maria
Bought by
Olea Gorgonio and Olea Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$349,630
Interest Rate
6.29%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 16, 1996
Sold by
Murray Addie V Tr Addie V Murray Trust
Bought by
Olea Gorgonio and Olea Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,724
Interest Rate
7.86%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 30, 1994
Sold by
Murray Addie V
Bought by
Murray Addie V and Addie V Murray Trust
Source: Public Records

Range of Values:

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Average Value
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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
Dominguez Erick -- Lawyers Title
Dominguez Erick -- Lawyers Title
Dominguez Erick $275,000 Lawyers Title
Olea Gorgonio -- None Available
Olea Gorgonio -- California Counties Title
Olea Gorgonio $90,000 Commonwealth Land Title Ins
Murray Addie V -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dominguez Erick $276,100
Previous Owner Dominguez Erick $285,000
Previous Owner Dominguez Erick $265,821
Previous Owner Olea Gorgonio $349,630
Previous Owner Olea Gorgonio $89,724
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/15/2015 04/15/15 Sold $275,000 -19.1% $191 / Sq Ft
03/09/2015 03/09/15 Pending -- -- --
11/28/2014 11/28/14 For Sale $339,900 -- $236 / 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 $4,126 $330,497 $180,271 $150,226
2024 $4,126 $324,018 $176,737 $147,281
2023 $4,049 $317,666 $173,272 $144,394
2022 $3,865 $311,438 $169,875 $141,563
2021 $3,812 $305,333 $166,545 $138,788
2020 $3,846 $302,203 $164,838 $137,365
2019 $3,700 $296,278 $161,606 $134,672
2018 $3,614 $290,470 $158,438 $132,032
2016 $3,800 $279,193 $152,287 $126,906
2015 $2,139 $169,810 $79,131 $90,679
2014 $2,157 $166,484 $77,581 $88,903
Source: Public Records

Agents Affiliated with this Home

  • Jesus Bencomo

    Seller's Agent in 2015

    Jesus Bencomo

    Big Block Powerhouse Realty

    (562) 416-4445

    41 Total Sales

    Jesus Bencomo
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS14251026

California Regional Multiple Listing Service (CRMLS)

APN: 6040-020-024

California Los Angeles County Los Angeles 90003 Broadway-Manchester

218 W 87th Place, Los Angeles, CA

This home is located at 218 W 87th Place, Los Angeles, CA 90003 since 28 November 2014 and is currently estimated at $698,935, approximately $485 per square foot. This property was built in 1921. 218 W 87th Place is a home located in Los Angeles County with nearby schools including Dr. Owen Lloyd Knox Elementary School, Bret Harte Preparatory Middle School, and Academy For Multiligual Arts And Science At Mervyn M. Dymally High.

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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