NOT LISTED FOR SALE

227 W 88th St Los Angeles, CA 90003

Broadway-Manchester Neighborhood

Estimated Value: $763,000 - $863,000

8 Beds
4 Baths
2,187 Sq Ft
$368/Sq Ft Est. Value

Last Sold April 14, 2017

Last sale price $505,000 $231 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $4,820/month

31 Days on Market

About This Home

As of April 2017

This property features 2 buildings (3 units). Great mix! Front house has 3 bedrooms and back duplex has a 3 bedroom and a 2 bedroom. Each unit has there own laundry facility inside. Separate electrical meters.

Last Agent to Sell the Property

Eric Roque

ROQUE REALTY License #00927228 Listed on: 10/07/2016

Last Buyer's Agent

Daniel Velasquez

The Real Estate Solution License #01923333

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,782

Year Built

  • Built in 1923

Lot Details

  • 5,350 Sq Ft Lot
  • 1 Common Wall
  • Level Lot
  • Land Lease

Home Design

  • 2,187 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Additional Features

  • Exterior Lighting
  • Septic Type Unknown

Listing and Financial Details

  • Tax Lot 8
  • Tax Tract Number 346
  • Assessor Parcel Number 6040020008

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • Rent Control
  • 3 Separate Electric Meters
  • Gross Income $37,764

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,782

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Zoning: LAR3
  • Property Type: Residential Income
  • Parcel Number: 6040020008
  • Year Built: 1923
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 230.91

Exterior Features

  • Pool Private: No

Utilities

  • Sewer: Unknown

Condo/Co-op/Association

  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: Yes
  • Lot Features: Level
  • Lot Size Sq Ft: 5350.00

Multi Family

  • Gross Income: 37764.00
  • Number Of Separate Electric Meters: 3
  • Number Of Units Total: 3
  • Rent Control: Yes
  • Total Actual Rent: 3147.00

Tax Info

  • Tax Census Tract: 2402.00
  • Tax Lot: 8
  • Tax Tract Number: 346

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 24, 2019
Sold by
Perez Adan and Perez Liria
Bought by
Perez Liria and Perez Samuel Alberto
Current Estimated Value
$804,897

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$492,470
Outstanding Balance
$436,447
Interest Rate
4.4%
Mortgage Type
FHA
Estimated Equity
$368,450

Purchase Details

Closed on
Mar 24, 2014
Sold by
Williams Ruth and The Ruth Williams Family Trust
Bought by
Perez Adan and Perez Liria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$410,815
Interest Rate
4.87%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 20, 2012
Sold by
Williams Ruth
Bought by
The Ruth Williams Family Trust

Purchase Details

Closed on
Jan 10, 2012
Sold by
Williams Ruth
Bought by
Williams Ruth
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
Perez Liria -- Pacific Coast Title Company
Perez Adan $440,000 Wfg National Title Of Ca
The Ruth Williams Family Trust -- None Available
Williams Ruth -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Perez Liria $492,470
Previous Owner Perez Adan $410,815
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/14/2017 04/14/17 Sold $505,000 +1.0% $231 / Sq Ft
11/07/2016 11/07/16 Pending -- -- --
10/21/2016 10/21/16 For Sale $499,999 0.0% $229 / Sq Ft
10/12/2016 10/12/16 Pending -- -- --
10/07/2016 10/07/16 For Sale $499,999 -- $229 / 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 $6,782 $544,044 $308,112 $235,932
2024 $6,782 $533,377 $302,071 $231,306
2023 $6,655 $522,920 $296,149 $226,771
2022 $6,352 $512,668 $290,343 $222,325
2021 $6,267 $502,616 $284,650 $217,966
2020 $6,326 $497,464 $281,732 $215,732
2019 $5,732 $457,776 $228,888 $228,888
2018 $5,634 $448,800 $224,400 $224,400
2016 $1,928 $142,494 $49,466 $93,028
2015 $1,903 $140,354 $48,723 $91,631
2014 $1,922 $137,606 $47,769 $89,837
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2017

    Eric Roque

    ROQUE REALTY

    (626) 498-3628

    4 Total Sales

    Eric Roque
    Section Image
  • Daniel Velasquez

    Buyer's Agent in 2017

    Daniel Velasquez

    The Real Estate Solution

    (562) 537-8565

    1 in this area

    32 Total Sales

    Daniel Velasquez
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS16719816

California Regional Multiple Listing Service (CRMLS)

APN: 6040-020-008

California Los Angeles County Los Angeles 90003 Broadway-Manchester

227 W 88th St, Los Angeles, CA

This home is located at 227 W 88th St, Los Angeles, CA 90003 since 07 October 2016 and is currently estimated at $804,897, approximately $368 per square foot. This property was built in 1923. 227 W 88th St 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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