NOT LISTED FOR SALE

246 E 87th Place Los Angeles, CA 90003

Broadway-Manchester Neighborhood

Estimated Value: $542,000 - $835,960

4 Beds
2 Baths
980 Sq Ft
$663/Sq Ft Est. Value

Last Sold October 10, 2017

Last sale price $345,149 $352 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $3,961/month

67 Days on Market

About This Home

As of October 2017

This is a very good opportunity for investors - fixer in a big lot for expansion. Front unit is 2 bedrooms and 1 bathroom. Back unit is studio type.Please see private remarks for more information.

Last Agent to Sell the Property

Paul Cargile

Cargile & Company License #00840733 Listed on: 06/09/2017

Last Buyer's Agent

Paul Cargile

Cargile & Company License #00840733 Listed on: 06/09/2017

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,118

Year Built

  • Built in 1955

Lot Details

  • 5,201 Sq Ft Lot
  • North Facing Home

Home Design

  • 980 Sq Ft Home
  • Fixer Upper

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Parking

  • 4 Parking Spaces
  • Driveway

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 6041-014-010

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,118

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 980
  • Property Condition: Fixer
  • Year Built: 1955
  • Number Of Photos: 25
  • State Abbrv: CA
  • Special Features: 1088
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 4
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 2.00
  • Den: 0
  • Price Per S Q F T: 324.49

Exterior Features

  • Direction Faces: North
  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Parking Garage: Driveway
  • Total Parking: 4

Lot Info

  • Assessed Improvement Value: 77512
  • Assessed Land Value: 65672
  • Assessor Parcel Number: 6041-014-010
  • Geocode Override: No
  • Lot Size Area: 5201

Multi Family

  • Unit Type: 2106, 2107
  • Number Of Units: 2
  • Total Annual Expense: 0
  • Type Of Units: Attached
  • Vacancy Rate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 30, 2020
Sold by
Brown Kenneth and Brown Ginille
Bought by
Brown Kenneth R and Brown Ginille J
Current Estimated Value
$649,990

Purchase Details

Listed on
Jun 9, 2017
Closed on
Aug 29, 2017
Sold by
Wells Fargo Bank National Association
Bought by
Brown Kenneth and Brown Ginille
Seller's Agent
Paul Cargile
Cargile & Company
Buyer's Agent
Paul Cargile
Cargile & Company
List Price
$318,000
Sold Price
$345,149
Premium/Discount to List
$27,149
8.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.26%
Original Mortgage
$258,862
Interest Rate
3.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 29, 2016
Sold by
Sanchez Ivan J
Bought by
Wells Fargo Bank National Association

Purchase Details

Closed on
May 17, 2000
Sold by
Saba Bahram and Saba Sholeh
Bought by
Sanchez Ivan J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,956
Interest Rate
8.2%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 19, 1999
Sold by
Lehman Capital
Bought by
Saba Bahram

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
7.82%

Purchase Details

Closed on
Jun 10, 1999
Sold by
Ochoa Steven
Bought by
Lehman Capital

Purchase Details

Closed on
Jan 12, 1998
Sold by
Duran Ramon E
Bought by
Ochoa Steven

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,750
Interest Rate
11.5%

Purchase Details

Closed on
May 13, 1996
Sold by
Duran Blanca G
Bought by
Duran Ramon E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,000
Interest Rate
7.97%

Purchase Details

Closed on
Oct 19, 1995
Sold by
Jackson Emma W and Quality Mtg Usa Inc
Bought by
Bankers Trust Company
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Brown Kenneth R -- None Available
Brown Kenneth $345,500 Premium Title Of Ca Inc
Wells Fargo Bank National Association $310,000 None Available
Sanchez Ivan J $112,500 Chicago Title
Saba Bahram $80,000 Chicago Title Co
Lehman Capital $102,188 Chicago Title Co
Ochoa Steven $125,000 Gateway Title Company
Ochoa Steven -- Gateway Title Company
Duran Ramon E -- First Southwestern Title Co
Duran Ramon E $51,000 First Southwestern Title Co
Bankers Trust Company $58,707 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brown Kenneth $253,500
Closed Brown Kenneth $253,500
Closed Brown Kenneth $258,862
Previous Owner Sanchez Ivan J $31,607
Previous Owner Sanchez Ivan J $220,000
Previous Owner Sanchez Ivan J $111,956
Previous Owner Saba Bahram $70,000
Previous Owner Ochoa Steven $93,750
Previous Owner Duran Ramon E $59,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/10/2017 10/10/17 Sold $345,149 +8.5% $352 / Sq Ft
08/15/2017 08/15/17 Pending -- -- --
06/09/2017 06/09/17 For Sale $318,000 -- $324 / 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 $5,118 $392,545 $278,764 $113,781
2024 $5,118 $384,849 $273,299 $111,550
2023 $5,022 $377,304 $267,941 $109,363
2022 $4,799 $369,907 $262,688 $107,219
2021 $4,739 $362,655 $257,538 $105,117
2020 $4,782 $358,938 $254,898 $104,040
2019 $4,601 $351,900 $249,900 $102,000
2018 $4,531 $345,000 $245,000 $100,000
2016 $2,080 $143,184 $65,672 $77,512
2015 $2,049 $141,034 $64,686 $76,348
2014 $2,063 $138,272 $63,419 $74,853
Source: Public Records

Agents Affiliated with this Home

  • Paul Cargile

    Seller's Agent in 2017

    Paul Cargile

    Cargile & Company

    (310) 592-7888

    5 Total Sales

    Paul Cargile
    Section Image
See All Agents

Map

Source: The MLS

MLS Number: 17-239988

The MLS

APN: 6041-014-010

California Los Angeles County Los Angeles 90003 Broadway-Manchester

246 E 87th Place, Los Angeles, CA

This home is located at 246 E 87th Place, Los Angeles, CA 90003 since 09 June 2017 and is currently estimated at $649,990, approximately $663 per square foot. This property was built in 1955. 246 E 87th Place is a home located in Los Angeles County with nearby schools including Ninety-Third Street Elementary School, Mary McLeod Bethune 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.

The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

Nearby Homes