NOT LISTED FOR SALE

823 E 88th Place Los Angeles, CA 90002

Green Meadows Neighborhood

Estimated Value: $644,109 - $722,000

4 Beds
3 Baths
1,806 Sq Ft
$379/Sq Ft Est. Value

Last Sold November 19, 2020

Last sale price $515,000 $285 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $4,224/month

82 Days on Market

About This Home

As of November 2020

Investment opportunity in Avalon Gardens. Trust Sale. All units occupied with long term tenants. Minutes away from freeways, shopping, and transportation. Units are located in rent control. Do not disturb occupants. Please read private remarks for offer & showing instructions.

Last Agent to Sell the Property

Gene Armstrong

Coldwell Banker Gene Armstrong License #00620058 Listed on: 07/22/2020

Coldwell Banker Gene Armstrong

Last Buyer's Agent

Patricia Malik

West Shores Realty, Inc. License #01722589

West Shores Realty, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,309

Year Built

  • Built in 1927

Lot Details

  • 5,160 Sq Ft Lot

Home Design

  • Triplex

Interior Spaces

  • 1,806 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Parking

  • 3 Parking Spaces
  • Uncovered Parking

Community Details

  • 2 Buildings
  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 6042-019-010

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,309

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Advertising Remarks: Investment opportunity in Avalon Gardens. Trust Sale. All units occupied with long term tenants. Minutes away from freeways, shopping, and transportation. Units are located in rent control. Do not disturb occupants. Please read private remarks for offer & showing instructions. Posted rules for entry are uploaded here on themls.com
  • Living Area: 1806
  • Stories: 2
  • Year Built: 1927
  • Number Of Photos: 9
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 4
  • Total Bathrooms: 3.00
  • Price Per S Q F T: 285.16

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Uncovered
  • Total Parking: 3

Lot Info

  • Assessed Improvement Value: 66128
  • Assessed Land Value: 28010
  • Assessor Parcel Number: 6042-019-010
  • Lot Size Area: 5160

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 16.82
  • Number Of Units: 3
  • Rent Control: 3%
  • Total Annual Expense: 12261
  • Type Of Units: triplex
  • Vacancy Rate: 3%

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2020
Closed on
Nov 13, 2020
Sold by
Lyles Gregory and Lyles Wendell
Bought by
Hernandez Moises and Hernandez Luz Maria
Seller's Agent
Gene Armstrong
Coldwell Banker Gene Armstrong
Buyer's Agent
Patricia Malik
West Shores Realty, Inc.
List Price
$550,000
Sold Price
$515,000
Premium/Discount to List
-$35,000
-6.36%
Current Estimated Value
$684,027

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$169,027
Avg. Annual Appreciation
5.93%
Original Mortgage
$386,250
Outstanding Balance
$343,708
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$340,319

Purchase Details

Closed on
Dec 24, 2007
Sold by
Stansell Florine and The Florine Smith Stansell Fam
Bought by
Stansell Florine S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,000
Interest Rate
6.21%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 23, 2006
Sold by
Stansell Florine
Bought by
Stansell Florine and The Florine Smith Stansell Fam

Purchase Details

Closed on
Nov 25, 2003
Sold by
Stansell Florine
Bought by
Stansell Florine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.04%
Mortgage Type
Purchase Money Mortgage
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
Hernandez Moises $515,000 Stewart Title Of Ca Inc
Stansell Florine S -- Investors Title Company
Stansell Florine -- None Available
Stansell Florine -- Commonwealth
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hernandez Moises $386,250
Previous Owner Stansell Florine S $255,000
Previous Owner Stansell Florine $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/19/2020 11/19/20 Sold $515,000 0.0% $285 / Sq Ft
10/12/2020 10/12/20 Pending -- -- --
10/05/2020 10/05/20 Price Changed $515,000 -6.4% $285 / Sq Ft
07/22/2020 07/22/20 For Sale $550,000 -- $305 / 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 $7,309 $557,451 $324,729 $232,722
2024 $7,309 $546,521 $318,362 $228,159
2023 $7,173 $535,806 $312,120 $223,686
2022 $6,858 $525,300 $306,000 $219,300
2021 $6,768 $515,000 $300,000 $215,000
2020 $1,912 $99,897 $29,723 $70,174
2019 $1,854 $97,940 $29,141 $68,799
2018 $1,749 $96,020 $28,570 $67,450
2016 $1,651 $92,293 $27,461 $64,832
2015 $1,626 $90,908 $27,049 $63,859
2014 $1,642 $89,129 $26,520 $62,609
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2020

    Gene Armstrong

    Coldwell Banker Gene Armstrong

    Section Image
  • Patricia Malik

    Buyer's Agent in 2020

    Patricia Malik

    West Shores Realty, Inc.

    (310) 560-1315

    1 in this area

    6 Total Sales

    Patricia Malik
    Section Image
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Map

Source: The MLS

MLS Number: 20-608912

The MLS

APN: 6042-019-010

California Los Angeles County Los Angeles 90002 Green Meadows

823 E 88th Place, Los Angeles, CA

This home is located at 823 E 88th Place, Los Angeles, CA 90002 since 22 July 2020 and is currently estimated at $684,027, approximately $378 per square foot. This property was built in 1927. 823 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.

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.
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