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112 E 88Th Pl, Los Angeles, CA 90003
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112 E 88Th Pl Los Angeles, CA 90003

$765,000 Sold Price as of 12/23/2022
  • 5 Beds
  • 3 Baths
  • 1,904 Sq.Ft.
Sold
$765,000 Sold Price as of 12/23/2022 Refinance Your Mortgage
Map preview of 112 E 88Th Pl, Los Angeles, CA 90003

Property Overview: 112 E 88Th Pl Los Angeles, CA has 5 bedrooms, 3 bathrooms, 1,904 living square feet and 5,339 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Beautifully maintained duplex with an amazing bonus unit. Great Investment Opportunity! The property is comprised of 3 separate buildings, the roof of all 3 buildings were redone approximately 2 years ago. The front house features 3 bedrooms and 2 baths with an updated spacious kitchen, and both bathrooms have been remodeled with a modern touch. The unit has central air controlled by a nest The middle unit features 2 bedrooms and 1 bath the kitchen and bathroom have also been beautifully remodeled. Your bonus back unit has been entirely re-done and consists of 1 bedroom and 1 bath. The property is conveniently located near schools, freeways, Downtown LA, and various professional sports team/concert venues. All of the units are in great condition don't miss out on this spectacular multifamily property..

Listed by John Carter | BRE #01950824 | RE/MAX Alliance Group
Co-listed by Dwayne Davis | BRE #01940694 | AARE
Last checked: 12 minutes ago | Last updated: December 28th, 2022 | Source CRMLS | DOM: 13

Home details

Lot Sq. Ft
5,339
HOA Dues
$0/mo
Year built
1927
Garage
2 Car
Property Type:
Duplex
Status
Sold
MLS#
IN22236831
City
Los Angeles
County
Los Angeles
Time on Site
603 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 3
  • # of Leased Units: 3
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Actual Rent: $2,500
  • Total Rent: --
  • Pro Forma/Market Rent: $2,956
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Actual Rent: $1,770
  • Total Rent: --
  • Pro Forma/Market Rent: $2,100
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $633,000
  • Net Operating Income: $57,250
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $6,050
  • Electric: $0
  • Gas/Fuel: $0
  • Trash: $0
  • Insurance: $1,500
  • Professional Management: $3,000
  • Water/Sewer: $1,500

Property Details for 112 E 88Th Pl

Interior Features
Laundry Information
  • Has Laundry
  • Outside
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 2
Lot Information
  • Lot Features: Yard
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 6041005008
  • Year Built Source: Assessor
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: From 105 take 110 north, exit Manchester, rt on Manchester, rt on main, left on 88th place
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

Local Los Angeles Agent

Sale History for 112 E 88Th Pl

Last sold for $765,000 on December 23rd, 2022

  • December, 2022

  • Dec 23, 2022

    Date

    Sold

    CRMLS: IN22236831

    $765,000

    Price

  • Nov 7, 2022

    Date

    Active

    CRMLS: IN22236831

    $765,000

    Price

  • July, 2019

  • Jul 1, 2019

    Date

    Canceled

    CRMLS: PW19134306

    $520,000

    Price

  • Jun 7, 2019

    Date

    Pending

    CRMLS: PW19134306

    $520,000

    Price

  • Jun 7, 2019

    Date

    Active

    CRMLS: PW19134306

    $520,000

    Price

  • Listing provided courtesy of CRMLS

    DO NOT CALL ME REGARDING PROPERTY AVAILABILITY. WE ARE CLOSING VERY SOON.

  • September, 2017

  • Sep 22, 2017

    Date

    Sold

    CRMLS: IG17108104

    $490,000

    Price

  • Aug 29, 2017

    Date

    Pending

    CRMLS: IG17108104

    $485,000

    Price

  • Aug 1, 2017

    Date

    Active Under Contract

    CRMLS: IG17108104

    $485,000

    Price

  • Jul 7, 2017

    Date

    Price Change

    CRMLS: IG17108104

    $485,000

    Price

  • Jun 7, 2017

    Date

    Active

    CRMLS: IG17108104

    $500,000

    Price

  • May 30, 2017

    Date

    Hold

    CRMLS: IG17108104

    $500,000

    Price

  • May 30, 2017

    Date

    Active

    CRMLS: IG17108104

    $500,000

    Price

  • May 16, 2017

    Date

    Active Under Contract

    CRMLS: IG17108104

    $500,000

    Price

  • May 16, 2017

    Date

    Active

    CRMLS: IG17108104

    $500,000

    Price

  • Listing provided courtesy of CRMLS

    This Spanish Style Duplex is a great investment property. The front unit features 3 bedrooms and 1 bath, with newer plumbing, roof, laminate flooring, tile, and some carpet. The back unit features 2 bedrooms and 1 bath, with new kitchen cabinets, plumbing, roof, laminate, tile, and some carpet. Both units have base and crown molding which stands out throughout the house and the formal Dining rooms are great for those family gatherings. These floor plan are great for growing families. Behind the second unit features a hobby/storage room. There is a tandem 2 car garage attached to the second unit, and ample gated parking on the side with access to the alley. This alley is part of the NACP program from the city which allows usage of it and is currently gated. Property is close to downtown LA, public transportation, schools, and highways. Buyers are to verify all information. Information is deemed reliable but not guaranteed.

  • September, 2017

  • Sep 22, 2017

    Date

    Sold (Public Records)

    Public Records

    $490,000

    Price

  • August, 2006

  • Aug 2, 2006

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 112 E 88Th Pl

Assessed Value (2020): $510,076
Year Land Value Improved Value Assessed Value
2020 $364,140 $145,936 $510,076

Home Value Compared to the Market

This property vs the competition

112 E 88Th Pl sold on December 23, 2022 for 32.3% lower than the current median sold price for the city of Los Angeles which is $1,130,000. The median sold price per/sqft for Los Angeles is $754 and this home is sold at $401.79 per/sqft which puts the price per square foot 46.71% lower than the current median sale per square foot for the city of Los Angeles.

About 112 E 88Th Pl

Detailed summary of property

112 E 88Th Pl is a duplex that recently sold in Los Angeles, CA 90003. This duplex offered 5 bedrooms, 3 bathrooms, roughly 1,904 living square feet, and sits on an approximately 5,339 square foot lot. 112 E 88Th Pl was first listed on ArdentRealEstateGroup.com on November 5, 2022. The homeowner sold the property for $765,000. Home in Los Angeles are selling for a median price of $1,130,000 and a median price per square foot of $754. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 32.3% lower than the current median priced home. Local homes that are currently for sale include 9814 S Hoover St, 857 W 85th St and 10409 S Figueroa St. While the average home in Los Angeles, CA is selling in 99 days, 112 E 88Th Pl has a days on market of 13 days. There are currently 3982 homes for sale in the Los Angeles real estate market and 2673 of them are single family homes while 1195 of them are condos and 107 are townhomes. For more information on this home for sale at 112 E 88Th Pl Los Angeles, CA 90003 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 112 E 88Th Pl

Public county record property details
Beds
5
Baths
2
Year built
1927
Sq. Ft.
1,664
Lot Size
5,338
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
11
APN
6041-005-008

The source for these homes facts are from public records.

90003 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$575,000
Median List Price/Sq.Ft.
$583
Median Sold Price
$535,000
Median Sold Price/Sq.Ft.
$575
Total Inventory
42
Median Sale to List Price %
101.9%
Avg Days on Market
34
Loan Type
Conventional (0%), FHA (11.11%), VA (11.11%), Cash (44.44%), Other (33.33%)

Thinking of Selling?

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(714) 706-1823

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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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