NOT LISTED FOR SALE

943 E 88th St Los Angeles, CA 90002

Green Meadows Neighborhood

Estimated Value: $656,139 - $813,000

5 Beds
2 Baths
1,720 Sq Ft
$421/Sq Ft Est. Value

Last Sold March 26, 2015

Last sale price $344,500 $200 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $4,286/month

21 Days on Market

Highlights

  • Lawn
  • Laundry Room
  • 1-Story Property
  • No HOA
  • Wall Furnace

About This Home

As of March 2015

Great Income Producing Duplex. Features a 3 bedroom, 1 Bath Unit and a 2 Bedroom, 1 Bath. Property Shows well, Rehabbed a couple years ago with Newer Roof, Windows, Stucco, Granite Counter Tops, Laminate Flooring, Kitchen and Baths. The 3 Bedroom unit is currently Vacant with Brand New Carpet and Paint, Move in Ready. Both units have Interior Washer and Dryer Hookups. Great for Investment or FHA buyer, Section 8 Ready. Parking for up to 4 cars. Close to Shops, Parks and Public Transportation. Centrally Located, 20 minutes from Downtown LA and LAX airport. These are well maintained units, with Pride in Ownership.

Last Agent to Sell the Property

Mike Medina

California Properties & Realty License #01463714 Listed on: 02/05/2015

Last Buyer's Agent

Mike Medina

California Properties & Realty License #01463714 Listed on: 02/05/2015

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,450

Year Built

  • Built in 1929

Lot Details

  • 5,110 Sq Ft Lot
  • Property fronts an alley
  • 1 Common Wall
  • Lawn

Parking

  • 4 Parking Spaces

Home Design

  • Property Attached

Interior Spaces

  • 1,720 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Home Security

  • Window Bars
  • Security Lights
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Wall Furnace

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 312
  • Tax Tract Number 6631
  • Assessor Parcel Number 6042025008

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $500
  • Insurance Expense $800
  • Pest Control $100
  • Trash Expense $300
  • Water Sewer Expense $850
  • New Taxes Expense $4,369
  • Gross Income $2,650
  • Net Operating Income $24,791

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,450

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Road Frontage Type: Alley
  • Security: Carbon Monoxide Detector(s), Security Lights, Smoke Detector(s), Window Bars
  • Water Sewer Expenses: 850.00
  • Property Type: Residential Income
  • Gardener Expense: 500.00
  • Parcel Number: 6042025008
  • Year Built: 1929
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: 1 Common Wall
  • Levels: One
  • Price Per Square Foot: 200.29

Exterior Features

  • Pool Private: No

Garage/Parking

  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Connected, Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Gas Dryer Hookup, Inside, Washer Hookup
  • Pest Control Expense: 100.00
  • Trash Expense: 300.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Lot Features: Lawn
  • Lot Size Sq Ft: 5110.00
  • Lot Size Acres: 0.1170

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Average2 Bed Area: 800
  • Average3 Bed Area: 900
  • Gross Income: 2650.00
  • Gross Scheduled Income: 31800.00
  • Insurance Expense: 800.00
  • Lot Size Area: 5110.0000 Square Feet
  • Net Operating Income: 24791.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 7009.00
  • Rent Control: Yes

Tax Info

  • New Taxes Expense: 4369.00
  • Tax Lot: 312
  • Tax Tract Number: 6631
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 28, 2018
Sold by
Choi Jennifer Hyunsook
Bought by
Choi Jennifer H and Choi Trust
Current Estimated Value
$724,785

Purchase Details

Listed on
Feb 5, 2015
Closed on
Mar 21, 2015
Sold by
Moreno Omar
Bought by
Choi Jennifer Hyunsook
Seller's Agent
Mike Medina
California Properties & Realty
Buyer's Agent
Mike Medina
California Properties & Realty
List Price
$359,900
Sold Price
$344,500
Premium/Discount to List
-$15,400
-4.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.28%
Original Mortgage
$258,000
Outstanding Balance
$197,821
Interest Rate
3.71%
Mortgage Type
New Conventional
Estimated Equity
$526,964

Purchase Details

Listed on
Jul 11, 2013
Closed on
Aug 7, 2013
Sold by
Medina Alfonso
Bought by
Moreno Omar
Seller's Agent
Mike Medina
California Properties & Realty
Buyer's Agent
Mike Medina
California Properties & Realty
List Price
$279,900
Sold Price
$325,000
Premium/Discount to List
$45,100
16.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.78%
Original Mortgage
$319,113
Interest Rate
5.25%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 29, 2009
Sold by
Medina Miguel
Bought by
Medina Alfonso

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
5.31%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 5, 2009
Sold by
Liquidation Properties Inc
Bought by
Medina Miguel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,000
Interest Rate
4.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 12, 2008
Sold by
Dike Uche
Bought by
Liquidation Properties Inc

Purchase Details

Closed on
Mar 20, 2006
Sold by
Youman Aerick
Bought by
Dike Uche

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
8.85%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 16, 2005
Sold by
Figueroa Luis Adiel
Bought by
Youman Aerick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$301,600
Interest Rate
5.92%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 20, 2005
Sold by
Figueroa Luis Adiel and Diaz Gabriel
Bought by
Figueroa Luis Adiel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$301,600
Interest Rate
5.92%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 15, 2003
Sold by
Citywide Renewal Inc
Bought by
Figueroa Luis Adiel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,884
Interest Rate
5.6%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 21, 2003
Sold by
Sanchez Luis
Bought by
Citywide Renewal Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,000
Interest Rate
5.97%

Purchase Details

Closed on
Jan 14, 2003
Sold by
Sanchez Sandra
Bought by
Sanchez Luis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,000
Interest Rate
5.97%

Purchase Details

Closed on
Nov 26, 2002
Sold by
Smith Kathy
Bought by
Sims Lea E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,000
Interest Rate
5.97%
Source: Public Records

Range of Values:

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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
Choi Jennifer H -- None Available
Choi Jennifer Hyunsook $344,500 Old Republic Title Company
Moreno Omar $325,000 Chicago Title Company
Medina Alfonso $240,000 Pacific Coast Title Company
Medina Miguel $133,000 Stewart Title Of California
Liquidation Properties Inc $381,650 None Available
Dike Uche $450,000 Gateway Title Company
Youman Aerick $377,000 Chicago Title Co
Figueroa Luis Adiel -- --
Figueroa Luis Adiel $260,000 Ticor Title Company
Citywide Renewal Inc -- Gateway Title Company
Sanchez Luis -- Gateway Title Company
Sanchez Luis -- Gateway Title Company
Sims Lea E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Choi Jennifer Hyunsook $258,000
Previous Owner Moreno Omar $319,113
Previous Owner Medina Alfonso $192,000
Previous Owner Medina Miguel $161,000
Previous Owner Dike Uche $360,000
Previous Owner Youman Aerick $301,600
Previous Owner Figueroa Luis Adiel $40,000
Previous Owner Figueroa Luis Adiel $255,884
Previous Owner Citywide Renewal Inc $126,000
Closed Citywide Renewal Inc $10,000
Closed Youman Aerick $75,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/26/2015 03/26/15 Sold $344,500 -4.3% $200 / Sq Ft
02/26/2015 02/26/15 Pending -- -- --
02/05/2015 02/05/15 For Sale $359,900 +10.7% $209 / Sq Ft
08/30/2013 08/30/13 Sold $325,000 +16.1% $189 / Sq Ft View Prior Sale
08/02/2013 08/02/13 Pending -- -- --
06/06/2013 06/06/13 For Sale $279,900 -- $163 / 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 $5,450 $413,426 $252,384 $161,042
2024 $5,450 $405,321 $247,436 $157,885
2023 $5,350 $397,375 $242,585 $154,790
2022 $5,115 $389,584 $237,829 $151,755
2021 $5,046 $381,946 $233,166 $148,780
2019 $4,900 $370,619 $226,251 $144,368
2018 $4,792 $363,353 $221,815 $141,538
2016 $4,484 $349,245 $213,202 $136,043
2015 $4,350 $331,493 $203,996 $127,497
2014 $4,369 $325,000 $200,000 $125,000
Source: Public Records

Agents Affiliated with this Home

  • Mike Medina

    Seller's Agent in 2015

    Mike Medina

    California Properties & Realty

    (562) 690-8450

    15 Total Sales

    Mike Medina
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW15025718

California Regional Multiple Listing Service (CRMLS)

APN: 6042-025-008

California Los Angeles County Los Angeles 90002 Green Meadows

943 E 88th St, Los Angeles, CA

This home is located at 943 E 88th St, Los Angeles, CA 90002 since 05 February 2015 and is currently estimated at $724,785, approximately $421 per square foot. This property was built in 1929. 943 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.

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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