NOT LISTED FOR SALE

943 E 87th Place Los Angeles, CA 90002

Green Meadows Neighborhood

Estimated Value: $844,000 - $1,051,469

6 Beds
6 Baths
2,532 Sq Ft
$374/Sq Ft Est. Value

Last Sold September 15, 2015

Last sale price $495,000 $195 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $5,864/month

134 Days on Market

About This Home

As of September 2015

Price Reduced! 6-23-15 Great looking, super clean Six units on quiet residential south la street property is in great shape lots of charm good size units three vacant! rent controlled area with upside in the existing rents low maintenance and low cost to run this property 6 car parking all separate meters and water heaters close to schools and shopping please do not walk on property call for showing do not disturb tenants

Last Agent to Sell the Property

Rodney Logan

Bankers Realty Exclusive, Inc. License #01202507 Listed on: 02/23/2015

Last Buyer's Agent

Subscriber Non

Non-Participant Office License #13252

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,457

Year Built

  • Built in 1935

Lot Details

  • 5,054

Parking

  • 6 Parking Spaces

Home Design

  • 2,532 Sq Ft Home

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Bathrooms

Additional Features

  • 5,054 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 2 Buildings
  • 6 Units

Listing and Financial Details

  • Assessor Parcel Number 6042-024-006

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,457

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 2532
  • Year Built: 1935
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 6
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 6.00
  • Den: 0
  • Price Per S Q F T: 195.50

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Total Parking: 6

Utilities

  • Heating: Wall

Lot Info

  • Assessed Improvement Value: 37373
  • Assessed Land Value: 12180
  • Assessor Parcel Number: 6042-024-006
  • Geocode Override: No
  • Lot Size Area: 5054

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110, 2111
  • Gross Rent Multiplier: 21.30
  • Number Of Units: 6
  • Rent Control: 100
  • Total Annual Expense: 6888
  • Type Of Units: one bedrooms
  • Vacancy Rate: 40%

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2015
Closed on
Jul 31, 2015
Sold by
Felder Dorothy Mae
Bought by
Sola Real Estate Fund I Llc
Seller's Agent
Rodney Logan
Bankers Realty Exclusive, Inc.
Buyer's Agent
Subscriber Non
Non-Participant Office
List Price
$550,000
Sold Price
$495,000
Premium/Discount to List
-$55,000
-10%
Current Estimated Value
$942,313

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$447,313
Avg. Annual Appreciation
6.77%
Original Mortgage
$371,250
Interest Rate
3.91%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Sola Real Estate Fund I Llc $495,000 Title 365
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sola Real Estate Fund I Llc $714,000
Open Sola Real Estate Fund I Llc $1,269,750
Closed Sola Real Estate Fund I Llc $585,000
Closed Sola Real Estate Fund I Llc $472,500
Previous Owner Sola Real Estate Fund I Llc $371,250
Previous Owner Felder Dorothy Mae $110,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2015 09/15/15 Sold $495,000 -10.0% $195 / Sq Ft
07/07/2015 07/07/15 Pending -- -- --
02/23/2015 02/23/15 For Sale $550,000 -- $217 / 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 $8,457 $585,972 $189,404 $396,568
2024 $8,457 $574,484 $185,691 $388,793
2023 $8,309 $563,220 $182,050 $381,170
2022 $7,972 $552,178 $178,481 $373,697
2021 $7,868 $541,352 $174,982 $366,370
2019 $7,653 $525,297 $169,793 $355,504
2018 $7,542 $514,998 $166,464 $348,534
2016 $7,158 $495,000 $160,000 $335,000
2015 $1,843 $50,542 $12,423 $38,119
2014 $1,870 $49,553 $12,180 $37,373
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2015

    Rodney Logan

    Bankers Realty Exclusive, Inc.

    Section Image

  • S

    Buyer's Agent in 2015

    Subscriber Non

    Non-Participant Office

See All Agents

Map

Source: The MLS

MLS Number: 15-881487

The MLS

APN: 6042-024-006

California Los Angeles County Los Angeles 90002 Green Meadows

943 E 87th Place, Los Angeles, CA

This home is located at 943 E 87th Place, Los Angeles, CA 90002 since 23 February 2015 and is currently estimated at $947,735, approximately $374 per square foot. This property was built in 1935. 943 E 87th 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.

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.
Information is deemed reliable but not guaranteed.

Nearby Homes