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1606 E 88th St, Los Angeles, CA 90002
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1606 E 88th St Los Angeles, CA 90002

$450,000 Sold Price as of 12/01/2020
  • 3 Beds
  • 2 Baths
  • 1,032 Sq.Ft.
Sold
$450,000 Sold Price as of 12/01/2020 Refinance Your Mortgage
Map preview of 1606 E 88th St, Los Angeles, CA 90002

Property Overview: 1606 E 88th St Los Angeles, CA has 3 bedrooms, 2 bathrooms, 1,032 living square feet and 5,590 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Nice units on a large lot with a long driveway. Front unit has a 2 bed/1bath, living area, kitchen, dining and laundry rooms. Rear unit has a 1 bed/1bath, living area and kitchen. There is a gate available on the property to separate the units yards if so desired. The property is surrounded by a fence with street and alley driveway access. Zoning is LCR2. Each unit has their own yard and plenty of parking space. Check out the links for the virtual tours on the listing. Aerial tour here https://youtu.be/Exne1RS3-Cw

Listed by PAUL LUNA | BRE #01181304 | Luna Realty
Last checked: 6 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 20

Home details

Lot Sq. Ft
5,590
HOA Dues
$0/mo
Year built
1914
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
CV20167906
City
Los Angeles
County
Los Angeles
Time on Site
1212 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 2
  • # of Electric Meters: 1
  • # of Gas Meters: 1
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $975
  • Total Rent: $975
  • Pro Forma/Market Rent: $1,400
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $675
  • Total Rent: $975
  • Pro Forma/Market Rent: $1,100
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $1,650
  • Net Operating Income: $1,650
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $0
  • Electric: $0
  • Gas/Fuel: $0
  • New Taxes: $5,250
  • Trash: $0
  • Insurance: $950
  • Water/Sewer: $0

Virtual Tour

Use the following link to view this property's virtual tour:

Property Details for 1606 E 88th St

Interior Features
Laundry Information
  • Has Laundry
  • Individual Room
Exterior Features
Exterior Information
  • Has Fence
  • Chain Link, Wrought Iron
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Driveway
Lot Information
  • Lot Features: Rectangular Lot
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 1 Common Wall
  • Total # of Units: 2
  • Parcel Number: 6044004017
  • Year Built Source: Assessor
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Assessment Information
  • Has Assessments
  • Assessments: Unknown
Location / Neighborhood
Location Information
  • Directions: S-Firestone & E-Compton
Neighborhood Information
  • Community Features: Curbs
View more facts & features

Local Los Angeles Agent

Sale History for 1606 E 88th St

Last sold for $450,000 on December 1st, 2020

  • December, 2020

  • Dec 1, 2020

    Date

    Sold

    CRMLS: CV20167906

    $450,000

    Price

  • Oct 20, 2020

    Date

    Pending

    CRMLS: CV20167906

    $419,800

    Price

  • Sep 22, 2020

    Date

    Active Under Contract

    CRMLS: CV20167906

    $419,800

    Price

  • Sep 2, 2020

    Date

    Active

    CRMLS: CV20167906

    $419,800

    Price

  • December, 2020

  • Dec 1, 2020

    Date

    Sold (Public Records)

    Public Records

    $450,000

    Price

  • August, 2014

  • Aug 28, 2014

    Date

    Sold (Public Records)

    Public Records

    $220,000

    Price

Show More

Tax History for 1606 E 88th St

Assessed Value (2020): $241,762
Year Land Value Improved Value Assessed Value
2020 $186,817 $54,945 $241,762

Home Value Compared to the Market

This property vs the competition

1606 E 88th St sold on December 1, 2020 for 64.72% lower than the current median sold price for the city of Los Angeles which is $1,190,000. The median sold price per/sqft for Los Angeles is $755 and this home is sold at $406.78 per/sqft which puts the price per square foot 46.12% lower than the current median sale per square foot for the city of Los Angeles.

About 1606 E 88th St

Detailed summary of property

1606 E 88th St is a multi family that recently sold in Los Angeles, CA 90002. This multi family property offered 3 bedrooms, 2 bathrooms, roughly 1,032 living square feet, and sits on an approximately 5,590 square foot lot. 1606 E 88th St was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $450,000. Home in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 64.72% lower than the current median priced home. While the average home in Los Angeles, CA is selling in 94 days, 1606 E 88th St has a days on market of 20 days. There are currently 3580 homes for sale in the Los Angeles real estate market and 2422 of them are single family homes while 1059 of them are condos and 93 are townhomes. For more information on this home for sale at 1606 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 1606 E 88th St

Public county record property details
Beds
2
Baths
2
Year built
1914
Sq. Ft.
1,032
Lot Size
5,590
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
141
APN
6044-004-017

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
$587,000
Median List Price/Sq.Ft.
$482
Median Sold Price
$595,000
Median Sold Price/Sq.Ft.
$497
Total Inventory
36
Median Sale to List Price %
101.02%
Avg Days on Market
26
Loan Type
Conventional (50%), FHA (25%), VA (0%), Cash (16.67%), Other (8.33%)

Thinking of Selling?

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Is this your property?
Thinking of Selling?
Call, Text or Message
(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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