NOT LISTED FOR SALE

942 E 88th Place Los Angeles, CA 90002

Green Meadows Neighborhood

Estimated Value: $537,000 - $1,489,000

2 Beds
1 Bath
1,132 Sq Ft
$967/Sq Ft Est. Value

Last Sold June 15, 2018

Last sale price $365,000 $322 Per Sq Ft

Est. 200% increase in value since last sale

Current estimated payment $6,780/month

Highlights

  • No HOA
  • Home Office
  • Laundry Room
  • Neighborhood Views
  • Living Room
  • Family Room

About This Home

As of June 2018

Your new home is the best value in South Los Angeles. This home shows its true home owner pride with updates throughout the home. This includes new paint inside and out, new bathroom and hardwood flooring. This 2 bath 1 bedroom home comes with an additional office room and spacious backyard to build (R2 zoning). This home comes with a converted garage (no permit) that includes an additional bathroom and bedroom! Use it as extra income for a total of 3 beds / 2 baths total.

Perfect for investors, first time home buyers, and traditional home buyers. This home will not last. Come and bring your best offers!

Last Agent to Sell the Property

Emanuel Ruiz

No Firm Affiliation License #02045737 Listed on: 05/24/2018

No Firm Affiliation

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,925

Year Built

  • Built in 1928

Lot Details

  • 5,004 Sq Ft Lot
  • Back and Front Yard
  • Property is zoned LAR2

Interior Spaces

  • 1,132 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Living Room
  • Home Office
  • Neighborhood Views
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • 2 Parking Spaces
  • 2 Carport Spaces

Additional Features

  • Exterior Lighting
  • Septic Type Unknown

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 259
  • Tax Tract Number 6631
  • Assessor Parcel Number 6042027028

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,925

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Assessments: No
  • Property Attached: No
  • View: Yes
  • Zoning: LAR2
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 6042027028
  • Year Built: 1928
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1132.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 322.44
  • Room Type: All Bedrooms Down, Family Room, Kitchen, Laundry, Living Room, Office

Exterior Features

  • View: Neighborhood
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Individual Room
  • Sewer: Unknown
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard
  • Lot Size Sq Ft: 5004.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 2400.20
  • Tax Lot: 259
  • Tax Tract Number: 6631

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 13, 2020
Sold by
Gallagher Mark C and Gallagher Linda C
Bought by
Gallagher Mark C and Gallagher Linda C
Current Estimated Value
$1,094,510

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$295,000
Outstanding Balance
$209,468
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$885,042

Purchase Details

Closed on
Jan 29, 2020
Sold by
Gallagher Linda C and Gallagher Mark
Bought by
Gallagher Mark C and Gallagher Linda C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 16, 2019
Sold by
Ocean Development Inc
Bought by
Gallagher Linda C and Gallagher Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$598,500
Outstanding Balance
$526,228
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$568,282

Purchase Details

Listed on
May 24, 2018
Closed on
Jun 1, 2018
Sold by
Estrada Pablo
Bought by
Ocean Development Inc
Seller's Agent
Emanuel Ruiz
No Firm Affiliation
List Price
$350,000
Sold Price
$365,000
Premium/Discount to List
$15,000
4.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.09%

Purchase Details

Closed on
Dec 26, 2012
Sold by
Estrada Pablo and Estrada Elva
Bought by
Estrada Pablo and Estrada Elva
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
Gallagher Mark C -- Stewart Title Company
Gallagher Mark C -- Stewart Title Of Ca Inc
Gallagher Mark C -- Stewart Title Of Ca Inc
Gallagher Linda C $855,000 Lawyers Title
Ocean Development Inc $365,000 Fidelity Sherman Oaks
Estrada Pablo -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gallagher Mark C $295,000
Closed Gallagher Mark C $300,000
Open Gallagher Linda C $598,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/15/2018 06/15/18 Sold $365,000 +4.3% $322 / Sq Ft
05/30/2018 05/30/18 Pending -- -- --
05/24/2018 05/24/18 For Sale $350,000 -- $309 / 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 $11,925 $953,765 $429,473 $524,292
2024 $11,925 $935,064 $421,052 $514,012
2023 $11,699 $916,731 $412,797 $503,934
2022 $11,167 $898,756 $404,703 $494,053
2021 $11,015 $881,134 $396,768 $484,366
2020 $11,120 $872,100 $392,700 $479,400
2019 $4,853 $372,300 $272,340 $99,960
2018 $1,308 $85,759 $48,030 $37,729
2016 $1,234 $82,431 $46,166 $36,265
2015 $1,215 $81,194 $45,473 $35,721
2014 $1,221 $79,605 $44,583 $35,022
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2018

    Emanuel Ruiz

    No Firm Affiliation

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR18122902

California Regional Multiple Listing Service (CRMLS)

APN: 6042-027-028

California Los Angeles County Los Angeles 90002 Green Meadows

942 E 88th Place, Los Angeles, CA

This home is located at 942 E 88th Place, Los Angeles, CA 90002 since 24 May 2018 and is currently estimated at $1,094,510, approximately $966 per square foot. This property was built in 1928. 942 E 88th Place 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.

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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