NOT LISTED FOR SALE

925 E 88th St Los Angeles, CA 90002

Green Meadows Neighborhood

Estimated Value: $638,000 - $742,350

3 Beds
2 Baths
1,334 Sq Ft
$522/Sq Ft Est. Value

Last Sold February 28, 2022

Last sale price $625,000 $469 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $4,370/month

3 Days on Market

About This Home

As of February 2022

Great opportunity in Los Angeles. Well maintained duplex with amazing upside for any buyer to enjoy. Live in one and rent the other unit to supplement your mortgage. Property offers a large driveway for three to four cars to fit comfortably. Conveniently located to major freeways for an easy commute. You do not want to miss out on this great investment.

Last Agent to Sell the Property

Denise Garcia

Circle Real Estate License #01976893 Listed on: 01/06/2022

Circle Real Estate

Last Buyer's Agent

Erica Valdez

Y Realty License #02147059

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,339

Year Built

  • Built in 1923

Lot Details

  • 5,160 Sq Ft Lot
  • No Common Walls
  • Back Yard
  • Density is up to 1 Unit/Acre

Parking

  • 1 Car Garage

Home Design

  • 1,334 Sq Ft Home
  • Duplex

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 316
  • Tax Tract Number 6631
  • Assessor Parcel Number 6042025012

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,800
  • Trash Expense $360
  • Water Sewer Expense $900
  • New Taxes Expense $6,875
  • Operating Expense $9,935
  • Gross Income $39,000
  • Net Operating Income $29,065

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,339

Year Built

Built in 1923

Lot Details

0

Parking

1

Listing Details

  • Assessments: No
  • Price Per Unit: 275000
  • Property Attached: No
  • Water Sewer Expenses: 900.00
  • Zoning: LAR2
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 6042025012
  • Year Built: 1923
  • Special Features: None

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 468.52

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Laundry: Yes
  • Laundry Features: Gas Dryer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 360.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Back Yard
  • Lot Size Sq Ft: 5160.00
  • Lot Size Acres: 0.1185

Multi Family

  • Gross Income: 39000.00
  • Gross Scheduled Income: 39000.00
  • Insurance Expense: 1800.00
  • Lot Size Area: 5160.0000 Square Feet
  • Net Operating Income: 29065.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 6875.00
  • Rent Control: No
  • Total Expenses: 9935.00

Tax Info

  • New Taxes Expense: 6875.00
  • Tax Census Tract: 2400.10
  • Tax Lot: 316
  • Tax Tract Number: 6631

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 6, 2022
Closed on
Jan 27, 2022
Sold by
Carmen Cervantes
Bought by
Rodarte Veronica
Seller's Agent
Denise Garcia
Circle Real Estate
Buyer's Agent
Erica Valdez
Y Realty
List Price
$549,999
Sold Price
$625,000
Premium/Discount to List
$75,001
13.64%
Current Estimated Value
$674,572

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,572
Avg. Annual Appreciation
3.15%
Original Mortgage
$613,679
Outstanding Balance
$571,868
Interest Rate
3.69%
Mortgage Type
FHA
Estimated Equity
$124,220

Purchase Details

Closed on
Dec 15, 2010
Sold by
Diaz Antonio Buenrostro
Bought by
Buenrostro Cervantes Carmen and Buenrostro Diaz Eva E
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
Rodarte Veronica $625,000 Chicago Title
Buenrostro Cervantes Carmen -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rodarte Veronica $613,679
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2022 02/28/22 Sold $625,000 +13.6% $469 / Sq Ft
01/22/2022 01/22/22 For Sale $549,999 -12.0% $412 / Sq Ft
01/11/2022 01/11/22 Off Market $625,000 -- --
01/09/2022 01/09/22 Pending -- -- --
01/06/2022 01/06/22 For Sale $549,999 -- $412 / 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 $8,339 $663,254 $477,543 $185,711
2024 $8,339 $650,250 $468,180 $182,070
2023 $8,181 $637,500 $459,000 $178,500
2022 $1,581 $97,576 $37,074 $60,502
2021 $1,553 $95,664 $36,348 $59,316
2020 $1,561 $94,684 $35,976 $58,708
2019 $1,510 $92,828 $35,271 $57,557
2018 $1,429 $91,009 $34,580 $56,429
2016 $1,348 $87,477 $33,238 $54,239
2015 $1,326 $86,164 $32,739 $53,425
2014 $1,336 $84,477 $32,098 $52,379
Source: Public Records

Agents Affiliated with this Home

  • Denise Garcia

    Seller's Agent in 2022

    Denise Garcia

    Circle Real Estate

    (323) 633-8264

    1 in this area

    35 Total Sales

    Section Image
  • Erica Valdez

    Buyer's Agent in 2022

    Erica Valdez

    Y Realty

    (562) 221-7800

    1 in this area

    16 Total Sales

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW22002909

California Regional Multiple Listing Service (CRMLS)

APN: 6042-025-012

California Los Angeles County Los Angeles 90002 Green Meadows

925 E 88th St, Los Angeles, CA

This home is located at 925 E 88th St, Los Angeles, CA 90002 since 06 January 2022 and is currently estimated at $696,088, approximately $521 per square foot. This property was built in 1923. 925 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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