Seller's Agent in 2013
Matt Lee
Lilly Enterprises, Inc.
(323) 533-8818
7 Total Sales
Estimated Value: $1,047,000 - $1,224,915
7
Beds
5
Baths
3,944
Sq Ft
$285/Sq Ft
Est. Value
About This Home
As of November 2013We are pleased to present this cash-flowing quadraplex in the neighborhood of Westmont, South Los Angeles. This is an excellent entry level opportunity into apartment ownership. With a nominal downpayment and minor upgrades to the building's facade and interior units, there may be a potential for up to 25% upside in rents. The building consists of a desireable mix of 2BR/1BA and 1BR/1BA units and there are currently no Section 8 tenants. Because the property lies in the unincorporated region of LAC, the building is NOT subject to rent-control.1267 W 87th St. lies less than 1 mile W of the 110 Freeway. The property lies within 1 mile of schools, parks, places of worship, and public transporation. A short 15-20 minute drive can get tenants to Downtown Los Angeles, LAX International Airport, Baldwin Hills Crenshaw Plaza, Westfield Culver City, and more.
Last Agent to Sell the Property
Lilly Enterprises, Inc. License #01881080 Listed on: 09/21/2013
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1926
Lot Details
- 6,077 Sq Ft Lot
Interior Spaces
- 3,944 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 7 Bedrooms
- 5 Bathrooms
Parking
- 4 Parking Spaces
- Covered Parking
- Gated Parking
Community Details
- 4 Units
Listing and Financial Details
- Assessor Parcel Number 6047-001-023
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 29, 2015
Sold by
Turnstone Holding I Lp
Bought by
Esqueda Daisy
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$594,041
Interest Rate
3.92%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Listed on
Sep 21, 2013
Closed on
Oct 15, 2013
Sold by
Nwoko John C A and Nwoko Jacinta C
Bought by
Turnstone Holdings I Lp
Seller's Agent
Matt Lee
Lilly Enterprises, Inc.
Buyer's Agent
Ian Hollinger
BRC Advisors- BH
List Price
$420,000
Sold Price
$425,000
Premium/Discount to List
$5,000
1.19%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.17%
Purchase Details
Closed on
May 29, 2009
Sold by
Lasalle Bank Na
Bought by
Nwoko John C A and Nwoko Jacinta C
Purchase Details
Closed on
Jun 24, 2008
Sold by
Martinez Leonel and Martinez Maria D
Bought by
Lasalle Bank Na and Mlmi Trust Series 2006-Ahl1
Purchase Details
Closed on
Nov 21, 2005
Sold by
Martinez Victor M and Martinez Berta G
Bought by
Martinez Leonel and Martinez Maria D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$585,000
Interest Rate
8.99%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Oct 8, 2004
Sold by
Bugarin Marcelo
Bought by
Martinez Victor M and Martinez Berta G
Purchase Details
Closed on
Jul 21, 2004
Sold by
Ortiz Maria
Bought by
Bugarin Marcelo
Purchase Details
Closed on
Mar 30, 2004
Sold by
Ortiz Marcos and Ortiz Marcos
Bought by
Ortiz Celsa
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$405,000
Interest Rate
6.95%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jan 29, 2001
Sold by
Montoya Filiberto E
Bought by
Montoya Rosario
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,442
Interest Rate
7.13%
Mortgage Type
FHA
Purchase Details
Closed on
Dec 5, 2000
Sold by
Vogel Juana M
Bought by
Montoya Rosario
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,442
Interest Rate
7.13%
Mortgage Type
FHA
Purchase Details
Closed on
Dec 1, 2000
Sold by
Montoya Rosario
Bought by
Ortiz Marcos and Ortiz Celsa
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,442
Interest Rate
7.13%
Mortgage Type
FHA
Purchase Details
Closed on
Feb 14, 1994
Sold by
Capistran Armando and Capistran Georgina
Bought by
Vogel Juana Maria
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Esqueda Daisy | $605,000 | Old Republic Title Company | |
| Turnstone Holdings I Lp | $425,004 | Fidelity Sherman Oaks | |
| Nwoko John C A | $255,000 | Lsi Title Company Ca | |
| Lasalle Bank Na | $363,265 | None Available | |
| Martinez Leonel | $650,000 | Commonwealth Land Title Co | |
| Martinez Victor M | -- | -- | |
| Bugarin Marcelo | -- | Southland Title | |
| Ortiz Celsa | -- | -- | |
| Bugarin Marcelo | $405,000 | Southland Title | |
| Montoya Rosario | -- | -- | |
| Montoya Rosario | -- | American Title Co | |
| Ortiz Marcos | $295,000 | American Title Co | |
| Vogel Juana Maria | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Esqueda Daisy | $594,041 | |
| Previous Owner | Martinez Leonel | $585,000 | |
| Previous Owner | Bugarin Marcelo | $405,000 | |
| Previous Owner | Ortiz Celsa | $12,000 | |
| Previous Owner | Ortiz Marcos | $290,442 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/13/2013 11/13/13 | Sold | $425,000 | +1.2% | $108 / Sq Ft |
| 09/25/2013 09/25/13 | Pending | -- | -- | -- |
| 09/21/2013 09/21/13 | For Sale | $420,000 | -- | $106 / Sq Ft |
Source: The MLS
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 | $10,695 | $716,192 | $597,815 | $118,377 |
| 2024 | $10,695 | $702,150 | $586,094 | $116,056 |
| 2023 | $10,189 | $688,383 | $574,602 | $113,781 |
| 2022 | $9,754 | $674,886 | $563,336 | $111,550 |
| 2021 | $9,654 | $661,654 | $552,291 | $109,363 |
| 2019 | $9,381 | $642,030 | $535,910 | $106,120 |
| 2018 | $9,216 | $629,442 | $525,402 | $104,040 |
| 2016 | $6,851 | $440,101 | $352,081 | $88,020 |
| 2015 | $6,754 | $433,491 | $346,793 | $86,698 |
| 2014 | $6,766 | $425,000 | $340,000 | $85,000 |
Source: Public Records
Agents Affiliated with this Home
-
Matt Lee
-
Ian Hollinger
Buyer's Agent in 2013
Ian Hollinger
BRC Advisors- BH
(213) 226-8700
3 in this area
15 Total Sales
Source: The MLS
MLS Number: 13-706257
APN: 6047-001-023
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© 2026 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.
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