1150 E 88th St, Los Angeles, CA 90002
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1150 E 88th St Los Angeles, CA 90002

$460,000 Sold Price as of 08/09/2019
  • 4 Beds
  • 2 Baths
  • 1,544 Sq.Ft.
Sold
$460,000 Sold Price as of 08/09/2019 Refinance Your Mortgage

Map preview of 1150 E 88th St, Los Angeles, CA 90002

Property Overview: 1150 E 88th St Los Angeles, CA has 4 bedrooms, 2 bathrooms, 1,544 living square feet and 5,028 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: BACK ON THE MARKET! BUYER'S COULDNT PERFORM! Do not miss this great opportunity to invest! 2 units in excellent conditions ideal for an investor! Each unit has 2 bedrooms and 1 bath with 3 spots each for parking. Each unit is separated and has its own yard. Very calm area and conveniently located near shopping markets and near 110 and 105 freeways.

Listed by IVAN ANTHONY SOLIS | BRE #01128055 | CENTRAL FINANCIAL & REALTY
Last checked: 9 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 50

Home details

Lot Sq. Ft
5,028
HOA Dues
$0/mo
Year built
1925
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
WS19051981
City
Los Angeles
County
Los Angeles
Time on Site
1354 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 2
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,300
  • Total Rent: $1,300
  • Pro Forma/Market Rent: $1,300
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,100
  • Total Rent: $1,100
  • Pro Forma/Market Rent: $1,100
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $2,400
  • Net Operating Income: $2,400
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $0
  • Electric: $0
  • Gas/Fuel: $0
  • New Taxes: $0
  • Trash: $0
  • Insurance: $0
  • Water/Sewer: $0

Property Details for 1150 E 88th St

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • No Laundry
  • None
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 6
Lot Information
  • Lot Features: Back Yard, Front Yard
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 6043004004
  • Year Built Source: Public Records
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Firestone Blvd and Hooper Ave
Neighborhood Information
  • Community Features: Urban
View more facts & features

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Sale History for 1150 E 88th St

Last sold for $460,000 on August 9th, 2019
  • August, 2019

  • Aug 9, 2019

    Date

    Sold

    CRMLS: WS19051981

    $460,000

    Price

  • Jun 5, 2019

    Date

    Pending

    CRMLS: WS19051981

    $450,000

    Price

  • May 17, 2019

    Date

    Active

    CRMLS: WS19051981

    $450,000

    Price

  • Apr 8, 2019

    Date

    Pending

    CRMLS: WS19051981

    $450,000

    Price

  • Mar 8, 2019

    Date

    Active

    CRMLS: WS19051981

    $450,000

    Price

  • July, 2019

  • Jul 19, 2019

    Date

    Sold (Public Records)

    Public Records

    $460,000

    Price

  • December, 2011

  • Dec 7, 2011

    Date

    Sold (Public Records)

    Public Records

    $180,000

    Price

  • October, 2011

  • Oct 14, 2011

    Date

    Price Change

    CRMLS: P799840

    $159,900

    Price

  • Listing provided courtesy of CRMLS

    This two unit is great for the first time buyer/Investor features 2Br.1Ba each unit, needs some TLC with nice size back yard.

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Tax History for 1150 E 88th St

Assessed Value (2020): $460,000
Year Land Value Improved Value Assessed Value
2020 $250,000 $210,000 $460,000

Home Value Compared to the Market

This property vs the competition

1150 E 88th St sold on August 9, 2019 for 59.82% lower 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 $291.45 per/sqft which puts the price per square foot 59.74% lower than the current median sale per square foot for the city of Los Angeles.

About 1150 E 88th St

Detailed summary of property

1150 E 88th St is a multi family that recently sold in Los Angeles, CA 90002. This multi family property offered 4 bedrooms, 2 bathrooms, roughly 1,544 living square feet, and sits on an approximately 5,028 square foot lot. 1150 E 88th St was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $460,000. 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 59.82% lower than the current median priced home. Local homes that are currently for sale include 273 E Kingman St, 1205 E Davidson St and 8029 Sunnyside Ave. While the average home in Los Angeles, CA is selling in 106 days, 1150 E 88th St has a days on market of 50 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 1150 E 88th St Los Angeles, CA 90002 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1150 E 88th St

Public county record property details
Beds
4
Baths
2
Year built
1925
Sq. Ft.
1,544
Lot Size
5,027
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
223
APN
6043-004-004

The source for these homes facts are from public records.

90002 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$571,999
Median List Price/Sq.Ft.
$569
Median Sold Price
$600,000
Median Sold Price/Sq.Ft.
$514
Total Inventory
42
Median Sale to List Price %
103.45%
Avg Days on Market
13
Loan Type
Conventional (50%), FHA (40%), VA (0%), Cash (10%), Other (0%)

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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.