1626 E 87th Pl, Los Angeles, CA 90002
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1626 E 87th Pl Los Angeles, CA 90002

$680,000 Sold Price as of 01/13/2022
  • 4 Beds
  • 2 Baths
  • 1,600 Sq.Ft.
Sold
$680,000 Sold Price as of 01/13/2022 Refinance Your Mortgage

Map preview of 1626 E 87th Pl, Los Angeles, CA 90002

Property Overview: 1626 E 87th Pl Los Angeles, CA has 4 bedrooms, 2 bathrooms, 1,600 living square feet and 5,590 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Listed by Shirley Martinez | BRE #01928049 | Shirley Martinez, Broker
Last checked: 15 minutes ago | Last updated: March 23rd, 2022 | Source CRMLS | DOM: 79

Home details

Lot Sq. Ft
5,590
HOA Dues
$0/mo
Year built
1964
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
OC21137086
City
Los Angeles
County
Los Angeles
Time on Site
1050 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: 2
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 4
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,800
  • Total Rent: $1,800
  • Pro Forma/Market Rent: $1,800
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $36,000
  • Net Operating Income: $1,200
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $820
  • Trash: $100
  • Insurance: $75
  • Water/Sewer: $250

Property Details for 1626 E 87th Pl

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Gas & Electric Dryer Hookup
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: See Remarks
  • All Bedrooms Down
Kitchen Information
  • Has Appliances
  • Disposal, Microwave
Interior Features
  • Levels: One
  • Window Features: Screens
Exterior Features
Exterior Information
  • Rain Gutters
  • Has Fence
  • Wood
  • Other Structures: Storage
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Auto Driveway Gate, On Site
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • No View
  • View: None
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 6044003022
  • Year Built Source: Public Records
  • Architectural Style: See Remarks
  • Entry Level: 1
  • Property is not Attached
  • Accessibility Features: 2+ Access Exits
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: None
  • Utilities: Cable Available, Electricity Connected, Natural Gas Available, Phone Available, Sewer Connected
Assessment Information
  • No Assessments
  • Assessments: None
Location / Neighborhood
Location Information
  • Directions: Mai & 87th
Neighborhood Information
  • Community Features: Urban
View more facts & features

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Sale History for 1626 E 87th Pl

Last sold for $680,000 on January 13th, 2022
  • September, 2021

  • Sep 28, 2021

    Date

    Pending

    CRMLS: OC21137086

    $680,000

    Price

  • Jul 11, 2021

    Date

    Price Change

    CRMLS: OC21137086

    $680,000

    Price

  • Jul 10, 2021

    Date

    Active

    CRMLS: OC21137086

    $750,000

    Price

  • Jun 24, 2021

    Date

    Coming Soon

    CRMLS: OC21137086

    $750,000

    Price

  • April, 2021

  • Apr 13, 2021

    Date

    Sold

    CRMLS: DW20263425

    $570,000

    Price

  • Feb 11, 2021

    Date

    Active Under Contract

    CRMLS: DW20263425

    $585,000

    Price

  • Dec 28, 2020

    Date

    Active

    CRMLS: DW20263425

    $585,000

    Price

  • Listing provided courtesy of CRMLS

    Attention investor or first time buyers, this is a great opportunity to own a great duplex (zoning R2) in a nice area of L.A. city close to schools, parks, freeways, business and a few minutes from downtown plus there isn't rent control. Property feature 2 separated units with their own entrance, both units have 2 beds & 1 bath each and a spacious driveway.

  • August, 2012

  • Aug 20, 2012

    Date

    Sold (Public Records)

    Public Records

    $245,000

    Price

  • July, 2009

  • Jul 29, 2009

    Date

    Sold (Public Records)

    Public Records

    $135,000

    Price

Show More

Tax History for 1626 E 87th Pl

Assessed Value (2020): $275,858
Year Land Value Improved Value Assessed Value
2020 $152,454 $123,404 $275,858

Home Value Compared to the Market

This property vs the competition

1626 E 87th Pl sold on January 13, 2022 for 42.86% 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 $425 per/sqft which puts the price per square foot 43.71% lower than the current median sale per square foot for the city of Los Angeles.

About 1626 E 87th Pl

Detailed summary of property

1626 E 87th Pl is a multi family that recently sold in Los Angeles, CA 90002. This multi family property offered 4 bedrooms, 2 bathrooms, roughly 1,600 living square feet, and sits on an approximately 5,590 square foot lot. 1626 E 87th Pl was first listed on ArdentRealEstateGroup.com on June 24, 2021. The homeowner sold the property for $680,000. 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 42.86% lower than the current median priced home. Local homes that are currently for sale include 829 E Century Blvd, 2015 E 105th St and 1503 E 109th St. While the average home in Los Angeles, CA is selling in 94 days, 1626 E 87th Pl has a days on market of 79 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 1626 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 1626 E 87th Pl

Public county record property details
Beds
4
Baths
2
Year built
1964
Sq. Ft.
1,565
Lot Size
5,590
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
103
APN
6044-003-022

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%)

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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.