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224 W 88Th Pl, Los Angeles, CA 90003
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224 W 88Th Pl Los Angeles, CA 90003

$680,000 Sold Price as of 09/10/2021
  • 5 Beds
  • 2 Baths
  • 1,800 Sq.Ft.
Sold
$680,000 Sold Price as of 09/10/2021 Refinance Your Mortgage
Map preview of 224 W 88Th Pl, Los Angeles, CA 90003

Property Overview: 224 W 88Th Pl Los Angeles, CA has 5 bedrooms, 2 bathrooms, 1,800 living square feet and 5,169 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: GREAT OPPORTUNITY FOR INVESTMENT GATED PROPERTY. UPSTAIRS UNIT IS A 3 BEDROOM 1 BATH. DOWNSTAIRS UNIT TWO BEDROOM 1 BATH. BOTH UNITS ARE IN REALLY GOOD CONDITION. GRANITE KITCHEN COUNTER TOPS TILE FLOORING IN KITCHEN AND LIVINGROOM, LAMINATE FLOORING IN BEDROOMS. UPSTAIRS UNIT HAS TILE IN KITCHEN AND CARPETED BEDROOMS. AMPLE PARKING IN DRIVEWAY AND CONCRETE BACK YARD OR PLENTY OF SPACE TO BUILD ANOTHER UNIT IF PERMITTED. WALL FURNACE AND AC AS WELL. EACH UNIT PAYS FOR THEIR OWN UTILITIES EXCEPT FOR WATER. LANDLORD PAYS FOR WATER. ONE OF THE UNITS IS VACANT. PLENTY SPACE FOR PARKING THEIR VEHICLES! LONG DRIVEWAY AND SOME SPACE IN THE BACK. YOU HAVE TO SEE THIS TO APPRECIATE IT!! WELL KEPT.

Listed by TERESA DONOSO | BRE #01518281 | RE/MAX CHAMPIONS WC
Last checked: 2 minutes ago | Last updated: May 12th, 2022 | Source CRMLS | DOM: 35

Home details

Lot Sq. Ft
5,169
HOA Dues
$0/mo
Year built
1990
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
CV21127592
City
Los Angeles
County
Los Angeles
Time on Site
1195 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
  • # 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
  • Actual Rent: $1,595
  • Total Rent: $1,595
  • Pro Forma/Market Rent: $2,000
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $1,700
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $38,400
  • Net Operating Income: $36,000
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $2,400
  • Electric: $0
  • Gas/Fuel: $0
  • Trash: $0
  • Cable TV: $0
  • Gardener: $600
  • Insurance: $700
  • Water/Sewer: $1,320

Property Details for 224 W 88Th Pl

Interior Features
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • No Laundry
  • None
Room Information
  • Flooring: Laminate
Exterior Features
Exterior Information
  • Roof: Shingle
  • No Fence
  • None
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: Yard
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • No View
  • View: None
  • Common Walls: 1 Common Wall
  • Total # of Units: 2
  • Parcel Number: 6040026036
  • Year Built Source: Assessor
  • Property is Attached
  • Property Condition: Updated/Remodeled
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Assessment Information
  • Has Assessments
  • Assessments: Unknown
Location / Neighborhood
Location Information
  • Directions: 110 freeway/ Broadway/ 88th
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

Local Los Angeles Agent

Sale History for 224 W 88Th Pl

Last sold for $680,000 on September 10th, 2021

  • September, 2021

  • Sep 11, 2021

    Date

    Sold

    CRMLS: CV21127592

    $680,000

    Price

  • Jul 28, 2021

    Date

    Pending

    CRMLS: CV21127592

    $675,000

    Price

  • Jul 21, 2021

    Date

    Active Under Contract

    CRMLS: CV21127592

    $675,000

    Price

  • Jun 12, 2021

    Date

    Active

    CRMLS: CV21127592

    $675,000

    Price

  • September, 2019

  • Sep 1, 2019

    Date

    Expired

    CRMLS: CV19183036

    $1,599

    Price

  • Aug 5, 2019

    Date

    Withdrawn

    CRMLS: CV19183036

    $1,599

    Price

  • Aug 1, 2019

    Date

    Active

    CRMLS: CV19183036

    $1,599

    Price

  • Listing provided courtesy of CRMLS

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Tax History for 224 W 88Th Pl

Assessed Value (2020): $299,976
Year Land Value Improved Value Assessed Value
2020 $140,009 $159,967 $299,976

Home Value Compared to the Market

This property vs the competition

224 W 88Th Pl sold on September 10, 2021 for 39.73% 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 $375 per/sqft which puts the price per square foot 48.2% lower than the current median sale per square foot for the city of Los Angeles.

About 224 W 88Th Pl

Detailed summary of property

224 W 88Th Pl is a multi family that recently sold in Los Angeles, CA 90003. This multi family property offered 5 bedrooms, 2 bathrooms, roughly 1,800 living square feet, and sits on an approximately 5,169 square foot lot. 224 W 88Th Pl was first listed on ArdentRealEstateGroup.com on June 12, 2021. The homeowner sold the property for $680,000. 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 39.73% lower than the current median priced home. Local homes that are currently for sale include 857 W 85th St, 7908 Towne Ave and 10409 S Figueroa St. While the average home in Los Angeles, CA is selling in 106 days, 224 W 88Th Pl has a days on market of 35 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 224 W 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 224 W 88Th Pl

Public county record property details
Beds
4
Baths
2
Year built
1990
Sq. Ft.
1,800
Lot Size
5,168
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
103
APN
6040-026-036

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
$599,000
Median List Price/Sq.Ft.
$574
Median Sold Price
$515,000
Median Sold Price/Sq.Ft.
$535
Total Inventory
47
Median Sale to List Price %
103%
Avg Days on Market
31
Loan Type
Conventional (41.67%), FHA (16.67%), VA (0%), Cash (16.67%), Other (25%)

Thinking of Selling?

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(714) 706-1823

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Recently Sold Homes Near 224 W 88Th Pl

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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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