Seller's Agent in 2020
Kevin Via
Compass
(714) 478-6078
1 in this area
88 Total Sales
824 E 88th St Los Angeles, CA 90002
Green Meadows NeighborhoodEstimated Value: $1,132,000 - $1,430,000
10
Beds
6
Baths
3,640
Sq Ft
$337/Sq Ft
Est. Value
Highlights
- New Construction
- Laundry Room
- Front Yard
- No HOA
- Central Heating
About This Home
As of September 2020This very desirable new construction income producing duplex is non-rent controlled. This contemporary duplex consists of 2 5-bedroom 3-bathroom units with one single car garage in the front unit and 2-car garage in the back unit. Each unit has an open floor plan with a large living area that includes granite countertops, tile flooring, carpet, solid wood cabinets and forced air heating. The property includes an artificial lawn for low cost landscaping maintenance. Conveniently located to access the newly renovated Downtown Los Angeles area. The duplex will be completed late July.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 2020 | New Construction
Lot Details
- 5,159 Sq Ft Lot
- 1 Common Wall
- Front Yard
Parking
- 4 Open Parking Spaces
- 3 Car Garage
Home Design
- Property Attached
Interior Spaces
- 3,640 Sq Ft Home
- 2-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 10 Bedrooms
- 6 Bathrooms
Additional Features
- Urban Location
- Central Heating
Listing and Financial Details
- Tax Lot 291
- Tax Tract Number 6631
- Assessor Parcel Number 6042019021
Community Details
Overview
- No Home Owners Association
- 2 Units
Building Details
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 2 Separate Water Meters
- Insurance Expense $1,000
- Water Sewer Expense $3,000
- New Taxes Expense $10,500
- Operating Expense $14,500
- Gross Income $78,000
- Net Operating Income $63,600
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jul 14, 2020
Sold by
Ocean Development Inc
Bought by
Nguyen Hai Thai
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$716,250
Interest Rate
2.9%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 6, 2019
Sold by
Austin James and Smith Roscoe
Bought by
Ocean Development Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$547,000
Interest Rate
3.75%
Mortgage Type
Construction
Purchase Details
Closed on
Sep 22, 2006
Sold by
Ruby Milliner Revocable Living Trust
Bought by
Austin James
Purchase Details
Closed on
Jun 13, 2003
Sold by
Milliner Ruby
Bought by
Ruby Milliner Revocable Living Trust
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Nguyen Hai Thai | $955,000 | Lawyers Title | |
| Ocean Development Inc | $340,000 | Pacific Coast Title | |
| Austin James | -- | None Available | |
| Ruby Milliner Revocable Living Trust | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Nguyen Hai Thai | $716,250 | |
| Previous Owner | Ocean Development Inc | $547,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/14/2020 09/14/20 | Sold | $955,000 | -0.5% | $262 / Sq Ft |
| 07/07/2020 07/07/20 | Pending | -- | -- | -- |
| 07/07/2020 07/07/20 | For Sale | $960,000 | -- | $264 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $12,794 | $1,033,721 | $541,216 | $492,505 |
| 2024 | $12,794 | $1,013,453 | $530,604 | $482,849 |
| 2023 | $12,550 | $993,582 | $520,200 | $473,382 |
| 2022 | $11,974 | $974,100 | $510,000 | $464,100 |
| 2021 | $11,813 | $955,000 | $500,000 | $455,000 |
| 2020 | $4,504 | $340,000 | $272,000 | $68,000 |
| 2019 | $2,507 | $177,860 | $142,810 | $35,050 |
| 2018 | $2,469 | $174,373 | $140,010 | $34,363 |
| 2016 | $2,354 | $167,604 | $134,574 | $33,030 |
| 2015 | $2,318 | $165,087 | $132,553 | $32,534 |
| 2014 | $2,327 | $161,854 | $129,957 | $31,897 |
Source: Public Records
Agents Affiliated with this Home
-
Kevin Via
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC20132829
APN: 6042-019-021
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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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