NOT LISTED FOR SALE

6514 W 86th Place Los Angeles, CA 90045

Westchester Neighborhood

Estimated Value: $1,139,000 - $1,603,493

4 Beds
2 Baths
1,806 Sq Ft
$734/Sq Ft Est. Value

Last Sold October 02, 2014

Last sale price $710,000 $393 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $8,097/month

22 Days on Market

Highlights

  • Private Yard
  • Laundry Room
  • Carpet
  • Kentwood Elementary Rated A-
  • Floor Furnace
  • 1-Story Property

About This Home

As of October 2014

Great potential for this duplex in prime Westchester location! Owner is occupying both units but will be delivered vacant at close of escrow. Good bones including newer exterior paint, airport soundproofed windows and doors, copper plumbing, updated electrical, and gated long driveway with tons of parking. Both units have enclosed yards and inside laundry. Interiors of units need paint and upgrades. Original hardwood floors under carpets per Seller.(Buyer to verify all upgrades) This duplex is in desirable location W. of Sepulveda and close to shopping, eateries, and proximity to Loyola University and beaches. Easy access to South Bay and Westside. Porch has been enclosed, Buyer to verify permit status. This property may be subject to Los Angeles Rent Control, (Buyer to investigate details of this)

Last Agent to Sell the Property

Julie Person

Kentwood Properties, Inc. License #01187374 Listed on: 08/05/2014

Last Buyer's Agent

Stephanie Younger

Compass License #01365696

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,456

Year Built

  • Built in 1944

Lot Details

  • 6,395 Sq Ft Lot
  • 1 Common Wall
  • Private Yard

Parking

  • 2 Car Garage

Home Design

  • Property Attached
  • Additions or Alterations
  • Raised Foundation

Interior Spaces

  • 1,806 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Utilities

  • Floor Furnace
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 7
  • Tax Tract Number 12
  • Assessor Parcel Number 4122008008

Community Details

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • Electric Expense $1,200
  • Insurance Expense $12,000
  • Trash Expense $600
  • Water Sewer Expense $900
  • New Taxes Expense $9,363
  • Gross Income $39,600

Additional Features

  • 2 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,456

Year Built

Built in 1944

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Inclusions: Two sets of used washer/dryer and refrigerators are negotiable.
  • Property Attached: Yes
  • Water Sewer Expenses: 900.00
  • Property Condition: Additions/Alterations
  • Property Type: Residential Income
  • Parcel Number: 4122008008
  • Year Built: 1944
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: 1 Common Wall
  • Flooring: Laminate, Carpet
  • Levels: One
  • Price Per Square Foot: 393.13
  • Room Type: All Bedrooms Down

Exterior Features

  • Foundation: Raised
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Floor Furnace, Wall Furnace
  • Laundry Features: Common Area
  • Trash Expense: 600.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs

Lot Info

  • Lot Features: Yard
  • Lot Size Sq Ft: 6395.00
  • Lot Size Acres: 0.1470

Multi Family

  • Electric Expense: 1200.00
  • Gross Income: 39600.00
  • Gross Scheduled Income: 39600.00
  • Insurance Expense: 12000.00
  • Lot Size Area: 6395.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Units Total: 2
  • Number With Carpet: 2
  • Number With Disposal: 2
  • Number With Range: 2
  • Number With Refrigerator: 2
  • Rent Control: Yes
  • Vacancy Allowance: 100

Tax Info

  • New Taxes Expense: 9363.00
  • Taxes Percent: 1.25
  • Tax Lot: 7
  • Tax Tract Number: 12
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 15, 2022
Sold by
Massa and Nadeim
Bought by
Massa Basman and Massa Nadeim
Current Estimated Value
$1,326,123

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$971,000
Outstanding Balance
$908,849
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$442,818

Purchase Details

Closed on
Sep 28, 2020
Sold by
Massa Basman and Massa Nadema
Bought by
Massa Basman and Massa Nadeim

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 5, 2014
Closed on
Sep 8, 2014
Sold by
Solam Robert Alan
Bought by
Massa Basman and Massa Nadeim
Seller's Agent
Julie Person
Kentwood Properties, Inc.
Buyer's Agent
Stephanie Younger
Compass
List Price
$749,000
Sold Price
$710,000
Premium/Discount to List
-$39,000
-5.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.08%
Original Mortgage
$564,000
Interest Rate
4.07%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 31, 2014
Sold by
Nunez Beverly Helen
Bought by
Solam Robert Alan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$564,000
Interest Rate
4.07%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 15, 2012
Sold by
Nunez Beverly Helen and Solam Family Trust
Bought by
Nunez Beverly Helen and Solam Family Survivors A 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
Massa Basman -- Orange Coast Title
Massa Basman -- Pacific Coast Title Company
Massa Basman $710,000 Provident Title Company
Solam Robert Alan -- None Available
Nunez Beverly Helen -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Massa Basman $971,000
Previous Owner Massa Basman $500,000
Previous Owner Massa Basman $547,700
Previous Owner Massa Basman $564,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/02/2014 10/02/14 Sold $710,000 -5.2% $393 / Sq Ft
08/27/2014 08/27/14 Pending -- -- --
08/05/2014 08/05/14 For Sale $749,000 -- $415 / 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 $10,456 $853,303 $636,975 $216,328
2024 $10,456 $836,573 $624,486 $212,087
2023 $10,261 $820,171 $612,242 $207,929
2022 $9,794 $804,090 $600,238 $203,852
2021 $9,670 $788,324 $588,469 $199,855
2019 $9,386 $764,943 $571,015 $193,928
2018 $9,265 $749,945 $559,819 $190,126
2016 $8,860 $720,827 $538,082 $182,745
2015 $8,732 $710,000 $530,000 $180,000
2014 $1,283 $88,755 $62,579 $26,176
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2014

    Julie Person

    Kentwood Properties, Inc.

    (310) 615-9841

    1 in this area

    4 Total Sales

    Julie Person
    Section Image
  • Stephanie Younger

    Buyer's Agent in 2014

    Stephanie Younger

    Compass

    (310) 499-2020

    316 in this area

    889 Total Sales

    Stephanie Younger
    Section Image

  • A

    Buyer Co-Listing Agent in 2014

    Ashley Sackerman

    Compass

    (310) 230-5478

    38 in this area

    82 Total Sales

    Ashley Sackerman
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB14168032

California Regional Multiple Listing Service (CRMLS)

APN: 4122-008-008

California Los Angeles County Los Angeles 90045 Westchester

6514 W 86th Place, Los Angeles, CA

This home is located at 6514 W 86th Place, Los Angeles, CA 90045 since 05 August 2014 and is currently estimated at $1,326,123, approximately $734 per square foot. This property was built in 1944. 6514 W 86th Place is a home located in Los Angeles County with nearby schools including Kentwood Elementary, Wright Middle School STEAM Magnet, and Westchester Enriched Sciences Magnets.

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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