NOT LISTED FOR SALE

624 E 88th Place Los Angeles, CA 90002

Green Meadows Neighborhood

Estimated Value: $792,000 - $967,000

6 Beds
4 Baths
1,976 Sq Ft
$434/Sq Ft Est. Value

Last Sold March 01, 2019

Last sale price $560,000 $283 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $5,197/month

47 Days on Market

About This Home

As of March 2019

NO RENT CONTROL!!! Sellers are very motivated. Great Investment opportunity situated in a developing area of South LA. This duplex, built in 1999, features a total of 6 Bedrooms, 4 Baths. Walking Distance from South Region High School. Unit #1: 3 Bed 2 Bath (Master Bedroom) - Updated in 2017 with new wood laminate flooring throughout, new Bed and Bath doors throughout, new ceiling fan in living room, completely remodeled bathroom, new paint throughout interior of unit, new light fixtures throughout. Unit #2: 3 Bed 2 Bath (Master Bedroom and Washer/Dryer hookups in unit) - Last updated in 2010. Convenient 4 Car parking in rear. New Water Heaters installed. Security motion detected lighting throughout property. Recent Exterior paint. Please do not disturb tenants.

Last Agent to Sell the Property

Daana Abuyounes

Keller Williams Studio City License #01970945 Listed on: 12/06/2018

Keller Williams Studio City

Last Buyer's Agent

Jose Perez

Real Broker License #01914917

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,942

Year Built

  • Built in 1999

Lot Details

  • 5,147 Sq Ft Lot
  • Front and Side Yard Sprinklers

Home Design

  • Duplex

Interior Spaces

  • 1,976 Sq Ft Home
  • Ceiling Fan

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Home Security

  • Window Bars
  • Security Lights

Parking

  • 4 Parking Spaces
  • Carport

Utilities

  • Heating System Mounted To A Wall or Window

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 6042-008-008

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,942

Year Built

Built in 1999

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 1976
  • Year Built: 1999
  • Number Of Photos: 7
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 6
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 4.00
  • Den: 0
  • Price Per S Q F T: 275.81

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Parking Garage: Carport
  • Total Parking: 4

Utilities

  • Cooling: Ceiling Fan
  • Heating: Wall Gas
  • Security: Exterior Security Lights, Window Bars

Lot Info

  • Sprinklers: Front, Side
  • Assessed Improvement Value: 229500
  • Assessed Land Value: 153000
  • Assessor Parcel Number: 6042-008-008
  • Geocode Override: No
  • Lot Size Area: 5147

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 6, 2018
Closed on
Jan 29, 2019
Sold by
Diaz Roberto and Frias Dominique
Bought by
Ortega Farias Virginia S and Ortega Soto Rita
Seller's Agent
Daana Abuyounes
Keller Williams Studio City
Buyer's Agent
Jose Perez
Real Broker
List Price
$565,000
Sold Price
$560,000
Premium/Discount to List
-$5,000
-0.88%
Current Estimated Value
$858,054

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$298,054
Avg. Annual Appreciation
6.63%
Original Mortgage
$549,857
Outstanding Balance
$482,139
Interest Rate
4.37%
Mortgage Type
FHA
Estimated Equity
$375,915

Purchase Details

Listed on
Jun 22, 2015
Closed on
Jul 23, 2015
Sold by
Navarrete Miguel
Bought by
Diaz Roberto and Frias Dominique
Seller's Agent
Guadalupe Navarrete
Keller Williams Pacific Estate
Buyer's Agent
Guadalupe Navarrete
Keller Williams Pacific Estate
List Price
$375,000
Sold Price
$375,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.10%
Original Mortgage
$368,207
Interest Rate
4.05%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 5, 2008
Sold by
Aurora Loan Services Llc
Bought by
Navarrete Miguel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$314,153
Interest Rate
6.16%
Mortgage Type
FHA

Purchase Details

Closed on
May 30, 2008
Sold by
Miranda Ritha L
Bought by
Aurora Loan Services Llc

Purchase Details

Closed on
Sep 14, 1999
Sold by
North Beverly Development Inc
Bought by
Miranda Ritha L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,704
Interest Rate
7.86%
Mortgage Type
FHA
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
Ortega Farias Virginia S $560,000 Western Resources Title Co
Diaz Roberto $375,000 Provident Title Company
Navarrete Miguel $325,000 Lsi Title Agency
Aurora Loan Services Llc $460,000 Accommodation
Miranda Ritha L $195,000 Lawyers Title
North Beverly Development Inc -- Lawyers Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ortega Farias Virginia S $549,857
Previous Owner Diaz Roberto $368,207
Previous Owner Navarrete Miguel $314,153
Previous Owner Miranda Ritha L $193,704
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/01/2019 03/01/19 Sold $560,000 +2.8% $283 / Sq Ft
01/15/2019 01/15/19 Price Changed $545,000 -3.5% $276 / Sq Ft
12/06/2018 12/06/18 For Sale $565,000 +50.7% $286 / Sq Ft
08/27/2015 08/27/15 Sold $375,000 0.0% $190 / Sq Ft View Prior Sale
07/20/2015 07/20/15 Pending -- -- --
06/22/2015 06/22/15 For Sale $375,000 -- $190 / 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 $7,942 $624,686 $390,429 $234,257
2024 $7,942 $612,438 $382,774 $229,664
2023 $7,792 $600,430 $375,269 $225,161
2022 $7,442 $588,658 $367,911 $220,747
2021 $7,344 $577,117 $360,698 $216,419
2020 $7,413 $571,200 $357,000 $214,200
2019 $1,938 $397,952 $159,181 $238,771
2018 $5,127 $390,150 $156,060 $234,090
2016 $5,260 $375,000 $150,000 $225,000
2015 $4,477 $348,227 $214,294 $133,933
2014 $4,494 $341,407 $210,097 $131,310
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2019

    Daana Abuyounes

    Keller Williams Studio City

    Section Image
  • Jose Perez

    Buyer's Agent in 2019

    Jose Perez

    Real Broker

    (323) 239-8012

    1 in this area

    84 Total Sales

    Jose Perez
    Section Image

  • G

    Seller's Agent in 2015

    Guadalupe Navarrete

    Keller Williams Pacific Estate

    Section Image
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Map

Source: The MLS

MLS Number: 18-413992

The MLS

APN: 6042-008-008

California Los Angeles County Los Angeles 90002 Green Meadows

624 E 88th Place, Los Angeles, CA

This home is located at 624 E 88th Place, Los Angeles, CA 90002 since 06 December 2018 and is currently estimated at $858,054, approximately $434 per square foot. This property was built in 1999. 624 E 88th Place is a home located in Los Angeles County with nearby schools including Ninety-Third Street Elementary School, Charles Drew Middle School, and Academy For Multiligual Arts And Science At Mervyn M. Dymally High.

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