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1050 W 88Th St, Los Angeles, CA 90044
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1050 W 88Th St Los Angeles, CA 90044

$1,749,000 Sold Price as of 03/31/2022
  • 14 Beds
  • 8 Baths
  • 6,480 Sq.Ft.
Sold
$1,749,000 Sold Price as of 03/31/2022 Refinance Your Mortgage
Map preview of 1050 W 88Th St, Los Angeles, CA 90044

Property Overview: 1050 W 88Th St Los Angeles, CA has 14 bedrooms, 8 bathrooms, 6,480 living square feet and 9,123 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Listed by Jocelyn Guardado | BRE #02090648 | Landhills Realty, Inc.
Last checked: 9 minutes ago | Last updated: April 1st, 2022 | Source CRMLS | DOM: 93

Home details

Lot Sq. Ft
9,123
HOA Dues
$0/mo
Year built
1959
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
21792670
City
Los Angeles
County
Los Angeles
Time on Site
1086 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 8
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 6
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,433
  • Total Rent: $8,600
  • Pro Forma/Market Rent: $8,600
Unit Breakdown 2
  • # of Units: 2
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,225
  • Total Rent: $2,450
  • Pro Forma/Market Rent: $2,450
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: --
  • Net Operating Income: $52,485
  • Gross Operating Income: $118,200
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 1050 W 88Th St

Interior Features
Kitchen Information
  • Has Appliances
  • Disposal
Interior Features
  • Ceiling Fan(s)
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Garage, Covered
Property Information
  • Total # of Units: 8
  • Parcel Number: 6047009011
Location / Neighborhood
Location Information
  • Directions: From Vermont Ave. make a right on 88th St.
View more facts & features

Local Los Angeles Agent

Sale History for 1050 W 88Th St

Last sold for $1,749,000 on March 31st, 2022

  • March, 2022

  • Mar 31, 2022

    Date

    Sold

    CRMLS: 21792670

    $1,749,000

    Price

  • Oct 4, 2021

    Date

    Active

    CRMLS: 21792670

    $1,999,000

    Price

  • October, 2014

  • Oct 1, 2014

    Date

    Sold (Public Records)

    Public Records

    $890,000

    Price

  • December, 2001

  • Dec 31, 2001

    Date

    Sold (Public Records)

    Public Records

    $292,000

    Price

Show More

Tax History for 1050 W 88Th St

Assessed Value (2020): $978,050
Year Land Value Improved Value Assessed Value
2020 $549,467 $428,583 $978,050

Home Value Compared to the Market

This property vs the competition

1050 W 88Th St sold on March 31, 2022 for 56.16% higher than the current median sold price for the city of Los Angeles which is $1,120,000. The median sold price per/sqft for Los Angeles is $724 and this home is sold at $269.91 per/sqft which puts the price per square foot 62.72% lower than the current median sale per square foot for the city of Los Angeles.

About 1050 W 88Th St

Detailed summary of property

1050 W 88Th St is a multi family that recently sold in Los Angeles, CA 90044. This multi family property offered 14 bedrooms, 8 bathrooms, roughly 6,480 living square feet, and sits on an approximately 9,123 square foot lot. 1050 W 88Th St was first listed on ArdentRealEstateGroup.com on October 7, 2021. The homeowner sold the property for $1,749,000. Home in Los Angeles are selling for a median price of $1,120,000 and a median price per square foot of $724. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 56.16% higher than the current median priced home. Local homes that are currently for sale include 1016 W 110th St, 1229 W Gage Ave and 735 E 82nd St. While the average home in Los Angeles, CA is selling in 106 days, 1050 W 88Th St has a days on market of 93 days. There are currently 4139 homes for sale in the Los Angeles real estate market and 2834 of them are single family homes while 1183 of them are condos and 115 are townhomes. For more information on this home for sale at 1050 W 88Th St Los Angeles, CA 90044 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1050 W 88Th St

Public county record property details
Beds
14
Baths
8
Year built
1959
Sq. Ft.
6,480
Lot Size
9,123
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
258,259
APN
6047-009-011

The source for these homes facts are from public records.

90044 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$649,900
Median List Price/Sq.Ft.
$518
Median Sold Price
$717,000
Median Sold Price/Sq.Ft.
$513
Total Inventory
93
Median Sale to List Price %
102.58%
Avg Days on Market
27
Loan Type
Conventional (38.1%), FHA (23.81%), VA (0%), Cash (9.52%), Other (9.52%)

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Recently Sold Homes Near 1050 W 88Th St

1103 W 88Th St, Los Angeles, CA 90044
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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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