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1232 E 87th Pl, Los Angeles, CA 90002
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1232 E 87th Pl Los Angeles, CA 90002

$685,888 Sold Price as of 03/10/2021
  • 6 Beds
  • 2 Baths
  • 1,774 Sq.Ft.
Sold
$685,888 Sold Price as of 03/10/2021 Refinance Your Mortgage
Map preview of 1232 E 87th Pl, Los Angeles, CA 90002

Property Overview: 1232 E 87th Pl Los Angeles, CA has 6 bedrooms, 2 bathrooms, 1,774 living square feet and 5,334 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Live smart on East 87th Place! This renovated two on a lot Duplex creates an easy opportunity to live in one unit and rent the other all while having no common walls. Enter each unit to find two functional floor plans with 3 bedrooms and 1 full bath with indoor laundry hookups. Both units have an updated kitchen with white shaker cabinets, white quartz counter tops, new fixtures, new windows, new carpet in all bedrooms, laminate flooring, custom tiled bathroom with new vanity, freshly painted interior and exterior, and new water heaters to name a few. The property is fully fenced, paved with an avocado tree between the unit and a long driveway for ample parking. Conveniently located to the Harbor 110 Freeway makes this property very accessible to Downtown LA, San Pedro Harbor, LAX and Beach Cities and beyond.

Listed by Juree Rambo | BRE #01843137 | Rambo Real Estate Group
Last checked: 16 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 27

Home details

Lot Sq. Ft
5,334
HOA Dues
$0/mo
Year built
1937
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
SB21008354
City
Los Angeles
County
Los Angeles
Time on Site
1334 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: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,600
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,400
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 7.24%
  • Gross Rent Multiplier: 11.33
  • Gross Scheduled Income: $60,000
  • Net Operating Income: $49,221
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $10,779
  • Electric: $0
  • Gas/Fuel: $0
  • New Taxes: $8,090
  • Trash: $0
  • Insurance: $889
  • Water/Sewer: $1,200

Property Details for 1232 E 87th Pl

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Gas Dryer Hookup, Inside
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Laminate
Kitchen Information
  • No Appliances
  • None
Exterior Features
Exterior Information
  • Roof: Shingle
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 5
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: Neighborhood
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 6043014010
  • 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: Hooper and 87th Pl
  • Road Frontage Type: City Street
Neighborhood Information
  • Community Features: Curbs
View more facts & features

Local Los Angeles Agent

Sale History for 1232 E 87th Pl

Last sold for $685,888 on March 10th, 2021

  • March, 2021

  • Mar 10, 2021

    Date

    Sold

    CRMLS: SB21008354

    $685,888

    Price

  • Feb 13, 2021

    Date

    Active Under Contract

    CRMLS: SB21008354

    $679,900

    Price

  • Feb 5, 2021

    Date

    Active

    CRMLS: SB21008354

    $679,900

    Price

  • Jan 24, 2021

    Date

    Active Under Contract

    CRMLS: SB21008354

    $679,900

    Price

  • Jan 20, 2021

    Date

    Hold

    CRMLS: SB21008354

    $679,900

    Price

  • Jan 14, 2021

    Date

    Active

    CRMLS: SB21008354

    $679,900

    Price

  • January, 2020

  • Jan 2, 2020

    Date

    Sold (Public Records)

    Public Records

    $418,500

    Price

  • September, 2006

  • Sep 15, 2006

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 1232 E 87th Pl

Assessed Value (2020): $574,790
Year Land Value Improved Value Assessed Value
2020 $362,369 $212,421 $574,790

Home Value Compared to the Market

This property vs the competition

1232 E 87th Pl sold on March 10, 2021 for 39.29% 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 $383.26 per/sqft which puts the price per square foot 47.06% lower than the current median sale per square foot for the city of Los Angeles.

About 1232 E 87th Pl

Detailed summary of property

1232 E 87th Pl is a multi family that recently sold in Los Angeles, CA 90002. This multi family property offered 6 bedrooms, 2 bathrooms, roughly 1,774 living square feet, and sits on an approximately 5,334 square foot lot. 1232 E 87th Pl was first listed on ArdentRealEstateGroup.com on January 24, 2021. The homeowner sold the property for $685,888. 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 39.29% lower than the current median priced home. Local homes that are currently for sale include 341 E 82nd St, 7908 Towne Ave and 8034 Crockett Blvd. While the average home in Los Angeles, CA is selling in 106 days, 1232 E 87th Pl has a days on market of 27 days. There are currently 4052 homes for sale in the Los Angeles real estate market and 2782 of them are single family homes while 1148 of them are condos and 116 are townhomes. For more information on this home for sale at 1232 E 87th Pl 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 1232 E 87th Pl

Public county record property details
Beds
5
Baths
2
Year built
1937
Sq. Ft.
1,774
Lot Size
5,333
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
144
APN
6043-014-010

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
$580,000
Median List Price/Sq.Ft.
$555
Median Sold Price
$600,000
Median Sold Price/Sq.Ft.
$514
Total Inventory
43
Median Sale to List Price %
103.45%
Avg Days on Market
13
Loan Type
Conventional (50%), FHA (40%), VA (0%), Cash (10%), Other (0%)

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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