NOT LISTED FOR SALE

911 E 88th St Los Angeles, CA 90002

Green Meadows Neighborhood

Estimated Value: $806,000 - $930,000

7 Beds
3 Baths
2,732 Sq Ft
$313/Sq Ft Est. Value

Last Sold December 27, 2016

Last sale price $449,000 $164 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $5,058/month

40 Days on Market

About This Home

As of December 2016

(Three units): one three bedroom Unit and a 2 bedroom unit in front building. Back house has two bedrooms and1 bath. Driveway has parking for 3 cars and at rear through alley parking for 3 more cars. Property to be sold as is. Please submit your offer seller wants it SOLD. . . .

Last Agent to Sell the Property

Lucy Salgado

Century 21 Jervis & Associates License #00906720 Listed on: 08/07/2016

Century 21 Jervis & Associates

Last Buyer's Agent

Julia Higueros

Century 21 Jervis & Associates License #01336100

Century 21 Jervis & Associates

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,937

Year Built

  • Built in 1964

Lot Details

  • 5,159 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Home Design

  • 2,732 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Bathrooms

Location

  • Urban Location

Listing and Financial Details

  • Tax Lot 320
  • Tax Tract Number 6631
  • Assessor Parcel Number 6042025016

Community Details

Overview

  • 2 Buildings
  • 6 Units

Building Details

  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $2,525
  • Net Operating Income $28,860

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,937

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Zoning: LAR2
  • Property Type: Residential Income
  • Parcel Number: 6042025016
  • Year Built: 1964
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 164.35

Exterior Features

  • Pool Private: No

Utilities

  • Utilities: Sewer Available
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5159.00
  • Price Per Lot Square Foot: 90.91

Multi Family

  • Gross Income: 2525.00
  • Gross Scheduled Income: 30300.00
  • Net Operating Income: 28860.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 6
  • Operating Expense: 1440.00
  • Rent Control: Yes

Tax Info

  • Tax Lot: 320
  • Tax Tract Number: 6631

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 7, 2016
Closed on
Jan 30, 2017
Sold by
Sotelo Clara Moises F and Sotelo Roman Araceli
Bought by
Sotelo Clara Moises F and Sotelo Roman Araceli
Seller's Agent
Lucy Salgado
Century 21 Jervis & Associates
Buyer's Agent
Julia Higueros
Century 21 Jervis & Associates
List Price
$480,000
Sold Price
$449,000
Premium/Discount to List
-$31,000
-6.46%
Current Estimated Value
$854,221

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$405,221
Avg. Annual Appreciation
7.56%

Purchase Details

Closed on
Sep 22, 2016
Sold by
Ramirez Gabriel
Bought by
Sotelo Clara Moises F and Sotelo Roman I Araceli

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,867
Interest Rate
3.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 5, 2012
Sold by
Ramires Gabriel and Ramirez Mirella
Bought by
Ramirez Gabriel
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
Sotelo Clara Moises F -- None Available
Sotelo Clara Moises F $449,000 Pacific Coast Title
Ramirez Gabriel -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sotelo Clara Moises F $440,867
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/27/2016 12/27/16 Sold $449,000 -4.3% $164 / Sq Ft
09/16/2016 09/16/16 Pending -- -- --
08/27/2016 08/27/16 Price Changed $469,000 -2.3% $172 / Sq Ft
08/07/2016 08/07/16 For Sale $480,000 -- $176 / 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 $6,937 $521,091 $232,110 $288,981
2024 $6,937 $510,874 $227,559 $283,315
2023 $6,810 $500,858 $223,098 $277,760
2022 $6,513 $491,038 $218,724 $272,314
2021 $6,421 $481,411 $214,436 $266,975
2020 $6,478 $476,476 $212,238 $264,238
2019 $6,236 $467,134 $208,077 $259,057
2018 $6,131 $457,976 $203,998 $253,978
2016 $3,481 $242,517 $72,749 $169,768
2015 $3,429 $238,875 $71,657 $167,218
2014 $3,449 $234,197 $70,254 $163,943
Source: Public Records

Agents Affiliated with this Home

  • Lucy Salgado

    Seller's Agent in 2016

    Lucy Salgado

    Century 21 Jervis & Associates

    (562) 756-1947

    31 Total Sales

    Lucy Salgado
    Section Image

  • J

    Buyer's Agent in 2016

    Julia Higueros

    Century 21 Jervis & Associates

    (562) 862-2226

    25 Total Sales

    Julia Higueros
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW16174944

California Regional Multiple Listing Service (CRMLS)

APN: 6042-025-016

California Los Angeles County Los Angeles 90002 Green Meadows

911 E 88th St, Los Angeles, CA

This home is located at 911 E 88th St, Los Angeles, CA 90002 since 07 August 2016 and is currently estimated at $854,221, approximately $312 per square foot. This property was built in 1964. 911 E 88th St is a home located in Los Angeles County with nearby schools including Russell Elementary School, Charles Drew Middle School, and Academy For Multiligual Arts And Science At Mervyn M. Dymally High.

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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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