NOT LISTED FOR SALE

644 E 87th Place Los Angeles, CA 90002

Green Meadows Neighborhood

Estimated Value: $838,000 - $863,000

8 Beds
4 Baths
2,300 Sq Ft
$369/Sq Ft Est. Value

Last Sold August 10, 2017

Last sale price $575,000 $250 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $4,962/month

1 Day on Market

Highlights

  • Built in 2009 | Newly Remodeled
  • Laundry Room
  • Landscaped

About This Home

As of August 2017

Very desirable, income producing duplex. This duplex consists of two 4-Bedroom / 2-Bathroom units. Each unit includes dual pane vinyl windows, granite counter tops, wood cabinets throughout, tile flooring in kitchens and baths. No rent control. Great investment opportunity.

Last Agent to Sell the Property

Andy Zuppardo

Crystal View Realty License #01927358 Listed on: 07/12/2017

Last Buyer's Agent

Douglas Olsen

Olsen Realty License #01928821

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2009 | Newly Remodeled

Lot Details

  • 5,200 Sq Ft Lot
  • 1 Common Wall
  • Landscaped

Parking

  • 2 Car Garage

Home Design

  • 2,300 Sq Ft Home
  • Duplex

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Listing and Financial Details

  • Assessor Parcel Number 6042005019

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $33,748
  • Net Operating Income $33,748

Property Details

Home Type

Multi-Family

Year Built

Built in 2009 | Newly Remodeled

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Zoning: LARD2
  • New Construction: Yes
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 6042005019
  • Year Built: 2009
  • Special Features: None

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 250.00

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Landscaped
  • Lot Size Sq Ft: 5200.00

Multi Family

  • Gross Income: 33748.00
  • Gross Scheduled Income: 48984.00
  • Net Operating Income: 33748.00
  • 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: 13766.00
  • Rent Control: No

Tax Info

  • Tax Census Tract: 2397.02

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 24, 2017
Sold by
Pazirandeh Nader
Bought by
Juniper 9617 Llc
Current Estimated Value
$824,676

Purchase Details

Listed on
Jul 12, 2017
Closed on
Aug 3, 2017
Sold by
Pazirandeh Cinderella
Bought by
Pazirandeh Nader
Seller's Agent
Andy Zuppardo
Crystal View Realty
Buyer's Agent
Douglas Olsen
Olsen Realty
List Price
$590,000
Sold Price
$575,000
Premium/Discount to List
-$15,000
-2.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.71%
Original Mortgage
$431,260
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 12, 2017
Closed on
Jul 3, 2017
Sold by
Cyprus Kip C
Bought by
Pazirandeh Nader
Seller's Agent
Andy Zuppardo
Crystal View Realty
Buyer's Agent
Douglas Olsen
Olsen Realty
List Price
$590,000
Sold Price
$575,000
Premium/Discount to List
-$15,000
-2.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$431,260
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 27, 2008
Sold by
Seacliff Properties Inc
Bought by
Cyprus Kip C and Cyprus Amy L

Purchase Details

Closed on
Dec 5, 2007
Sold by
Diaz Saul
Bought by
Seacliff Properties Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$410,000
Interest Rate
5.96%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Aug 23, 2006
Sold by
Zapata Jorge
Bought by
Diaz Saul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$309,600
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 25, 2006
Sold by
Herod James
Bought by
Zapata Jorge

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%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 26, 2004
Sold by
Wilson James J
Bought by
Herod James and Herod Vanessa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,000
Interest Rate
5.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 8, 2000
Sold by
Herod James
Bought by
Wilson James J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,750
Interest Rate
4.95%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Juniper 9617 Llc -- None Available
Pazirandeh Nader -- Lawyers Title
Pazirandeh Nader $575,000 Lawyers Title
Cyprus Kip C -- None Available
Seacliff Properties Inc $250,000 Chicago Title
Diaz Saul $387,000 Fidelity National Title Co
Zapata Jorge $320,000 Commonwealth
Herod James $195,000 Ticor Title Company
Wilson James J $135,000 Stewart Title
Herod James -- Stewart Title
Herod James -- Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pazirandeh Nader $431,260
Previous Owner Seacliff Properties Inc $410,000
Previous Owner Diaz Saul $309,600
Previous Owner Zapata Jorge $256,000
Previous Owner Herod James $156,000
Previous Owner Wilson James J $114,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/10/2017 08/10/17 Sold $575,000 -2.5% $250 / Sq Ft
07/13/2017 07/13/17 Pending -- -- --
07/12/2017 07/12/17 For Sale $590,000 -- $257 / 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 $8,306 $654,247 $256,009 $398,238
2024 $8,306 $641,420 $250,990 $390,430
2023 $8,150 $628,844 $246,069 $382,775
2022 $7,782 $616,515 $241,245 $375,270
2021 $7,679 $604,427 $236,515 $367,912
2019 $7,453 $586,500 $229,500 $357,000
2018 $7,358 $575,000 $225,000 $350,000
2017 $5 $470,000 $229,300 $240,700
2016 $5,318 $410,000 $200,000 $210,000
2015 $5,312 $410,000 $200,000 $210,000
2014 $5,090 $382,000 $185,200 $196,800
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2017

    Andy Zuppardo

    Crystal View Realty

    (714) 595-6031

    1 in this area

    22 Total Sales

    Andy Zuppardo
    Section Image

  • D

    Buyer's Agent in 2017

    Douglas Olsen

    Olsen Realty

    (949) 533-0787

    7 Total Sales

    Douglas Olsen
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW17159318

California Regional Multiple Listing Service (CRMLS)

APN: 6042-005-019

California Los Angeles County Los Angeles 90002 Green Meadows

644 E 87th Place, Los Angeles, CA

Not Listed for Sale

MultiFamily

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