NOT LISTED FOR SALE

734 E 87th St Los Angeles, CA 90002

Green Meadows Neighborhood

Estimated Value: $700,000 - $782,000

4 Beds
2 Baths
1,644 Sq Ft
$456/Sq Ft Est. Value

Last Sold September 11, 2014

Last sale price $310,000 $189 Per Sq Ft

Est. 142% increase in value since last sale

Current estimated payment $4,543/month

79 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • Wall Furnace

About This Home

As of September 2014

great investment property or live in one and rent the other unit!! the front house is in need of minor cosmetics repairs and needs updating, this is a great gem for the handy man!!! this property has plenty of parking and has a low maintenance front yard for those of you who don't like to garden.
The back unit is also in need of some TLC.

Last Agent to Sell the Property

Terry Munoz

Century 21 LOTUS License #01468277 Listed on: 02/02/2014

Century 21 LOTUS

Last Buyer's Agent

Gloria Labra

Century 21 Allstars License #01167408

Century 21 Allstars

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,518

Year Built

  • Built in 1929

Lot Details

  • 5,201 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Parking

  • 1 Car Garage

Home Design

  • 1,644 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Additional Features

  • Laundry Room
  • Exterior Lighting
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 53
  • Tax Tract Number 2400
  • Assessor Parcel Number 6042003005

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,518

Year Built

Built in 1929

Lot Details

0

Parking

1

Listing Details

  • Property Attached: Yes
  • Zoning: LAR2
  • Property Type: Residential Income
  • Parcel Number: 6042003005
  • Year Built: 1929
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 188.56

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 1.00
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Inside
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5201.00
  • Lot Size Acres: 0.1190

Multi Family

  • Lot Size Area: 5201.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: Yes

Tax Info

  • Tax Lot: 53
  • Tax Tract Number: 2400

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 3, 2016
Sold by
Menchaca Saul and Ramirez Manuel A
Bought by
Menchaca Saul
Current Estimated Value
$749,499

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$321,000
Outstanding Balance
$255,426
Interest Rate
3.48%
Mortgage Type
New Conventional
Estimated Equity
$491,252

Purchase Details

Listed on
Feb 2, 2014
Closed on
Sep 2, 2014
Sold by
Ramirez Martha E
Bought by
Ramirez Manuel E
Seller's Agent
Terry Munoz
Century 21 LOTUS
Buyer's Agent
Gloria Labra
Century 21 Allstars
List Price
$265,000
Sold Price
$310,000
Premium/Discount to List
$45,000
16.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.34%
Original Mortgage
$298,076
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Listed on
Feb 2, 2014
Closed on
Aug 15, 2014
Sold by
Gamino Imelda R
Bought by
Menchaca Saul and Ramirez Manuel A
Seller's Agent
Terry Munoz
Century 21 LOTUS
Buyer's Agent
Gloria Labra
Century 21 Allstars
List Price
$265,000
Sold Price
$310,000
Premium/Discount to List
$45,000
16.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$298,076
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 11, 2014
Sold by
Gamino Imelda R and Ramirez Jesus Olivia
Bought by
Gamino Imelda R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$298,076
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Closed on
May 11, 2012
Sold by
Gamino Imelda R
Bought by
Gamino Imelda R and Ramirez Jesus Olivia

Purchase Details

Closed on
May 15, 2006
Sold by
R & Y Llc
Bought by
Gamino Imelda R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$423,750
Interest Rate
8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 4, 2005
Sold by
L A Redevelopment Inc
Bought by
R & Y Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
5.74%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 20, 2005
Sold by
Fields Iris Pauline and Sammye Pearl Thompson Trust Es
Bought by
La Redevelopment Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
5.74%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 4, 2005
Sold by
Beck Denise
Bought by
Beck Family Living Trust

Purchase Details

Closed on
Mar 23, 2001
Sold by
Mccane Marva P
Bought by
Mccane Marva P and Thompson Sammye P
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
Menchaca Saul -- Usa National Title
Ramirez Manuel E -- Old Republic Title Company
Menchaca Saul $310,000 Old Republic Title Company
Gamino Imelda R -- Old Republic Title Company
Gamino Imelda R -- None Available
Gamino Imelda R $565,000 Investors Title Company
R & Y Llc $340,000 Southland Title
La Redevelopment Inc -- Southland Title
Beck Family Living Trust -- --
Mccane Marva P -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Menchaca Saul $321,000
Closed Menchaca Saul $298,076
Previous Owner Gamino Imelda R $468,000
Previous Owner Gamino Imelda R $423,750
Previous Owner R & Y Llc $350,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/11/2014 09/11/14 Sold $310,000 +17.0% $189 / Sq Ft
04/22/2014 04/22/14 Pending -- -- --
02/02/2014 02/02/14 For Sale $265,000 -- $161 / 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 $5,518 $418,394 $207,225 $211,169
2024 $5,518 $410,191 $203,162 $207,029
2023 $5,417 $402,149 $199,179 $202,970
2022 $5,179 $394,265 $195,274 $198,991
2021 $5,111 $386,536 $191,446 $195,090
2020 $5,156 $382,573 $189,483 $193,090
2019 $4,963 $375,072 $185,768 $189,304
2018 $4,840 $367,719 $182,126 $185,593
2016 $4,153 $314,727 $203,050 $111,677
2015 $4,091 $310,000 $200,000 $110,000
2014 $4,427 $330,000 $157,800 $172,200
Source: Public Records

Agents Affiliated with this Home

  • Terry Munoz

    Seller's Agent in 2014

    Terry Munoz

    Century 21 LOTUS

    (323) 229-6795

    2 Total Sales

    Terry Munoz
    Section Image
  • Gloria Labra

    Buyer's Agent in 2014

    Gloria Labra

    Century 21 Allstars

    (310) 877-9227

    19 Total Sales

    Gloria Labra
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW14024329

California Regional Multiple Listing Service (CRMLS)

APN: 6042-003-005

California Los Angeles County Los Angeles 90002 Green Meadows

734 E 87th St, Los Angeles, CA

This home is located at 734 E 87th St, Los Angeles, CA 90002 since 02 February 2014 and is currently estimated at $749,499, approximately $455 per square foot. This property was built in 1929. 734 E 87th St is a home located in Los Angeles County with nearby schools including South Park Elementary School, Charles Drew 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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