Search
523 W 88Th St, Los Angeles, CA 90044
Image 2 for 523 W 88Th St, Los Angeles, CA 90044
Image 3 for 523 W 88Th St, Los Angeles, CA 90044
View Photos

523 W 88Th St Los Angeles, CA 90044

$700,000 Sold Price as of 09/21/2022
  • 9 Beds
  • 6 Baths
  • 1,648 Sq.Ft.
Sold
$700,000 Sold Price as of 09/21/2022 Refinance Your Mortgage
Map preview of 523 W 88Th St, Los Angeles, CA 90044

Property Overview: 523 W 88Th St Los Angeles, CA has 9 bedrooms, 6 bathrooms, 1,648 living square feet and 5,397 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Great owner-user or investment opportunity located in the Vermont Vista neighborhood. The property consists of two 2 Bed/1 Bath units and one 1 Bed/1 Bath, ample parking and garage spaces, drought resistant landscaping, and an on-site laundry room. Spanning a 5,397 square foot lot, the 2 Bedroom units are in a duplex at the front of the property, while the 1 Bedroom unit is detached. The units are in great condition with updated floors in two units, AC, and fresh paint throughout. A great opportunity to own in a central and convenient location in Los Angeles.

Listed by Richard Schulman | BRE #01427211 | KW Advisors
Last checked: 10 minutes ago | Last updated: September 21st, 2022 | Source CRMLS | DOM: 28

Home details

Lot Sq. Ft
5,397
HOA Dues
$0/mo
Year built
1926
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
22180063
City
Los Angeles
County
Los Angeles
Time on Site
786 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,300
  • Total Rent: $1,300
  • Pro Forma/Market Rent: $2,750
Unit Breakdown 2
  • # of Units: 2
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,357
  • Total Rent: $1,357
  • Pro Forma/Market Rent: $2,750
Unit Breakdown 3
  • # of Units: 3
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,765
  • Total Rent: $1,765
  • Pro Forma/Market Rent: $1,765
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 14
  • Gross Scheduled Income: --
  • Net Operating Income: $34,726
  • Gross Operating Income: $53,424
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 523 W 88Th St

Interior Features
Laundry Information
  • Has Laundry
  • Washer Included, Dryer Included, Inside
Room Information
  • Flooring: Wood, Laminate
Kitchen Information
  • Has Appliances
  • Disposal, Refrigerator
Interior Features
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
Exterior Features
Exterior Information
  • Other Structures: Shed(s)
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 4
  • Has Parking
  • Parking Features: Driveway
Lot Information
  • Lot Size Source: Assessor
Property Information
  • Total # of Units: 3
  • Parcel Number: 6038009021
  • Year Built Source: Assessor
  • Architectural Style: Contemporary
  • Property Condition: Updated/Remodeled
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Other
Location / Neighborhood
Location Information
  • Directions: 88th Street cross street Figueroa
View more facts & features

Local Los Angeles Agent

Sale History for 523 W 88Th St

Last sold for $700,000 on September 21st, 2022

  • September, 2022

  • Sep 21, 2022

    Date

    Sold

    CRMLS: 22180063

    $700,000

    Price

  • Jul 20, 2022

    Date

    Active

    CRMLS: 22180063

    $769,000

    Price

  • July, 2022

  • Jul 18, 2022

    Date

    Canceled

    CRMLS: 22165165

    $769,000

    Price

  • Jun 6, 2022

    Date

    Active

    CRMLS: 22165165

    $749,000

    Price

  • Listing provided courtesy of CRMLS

    GREAT OWNER USER &/OR INVESTMENT. BOM - Buyers didn't perform. . 3 UNITS Triplex with great upside in rent. Great mix + garages: 2:2 Bedroom 1 bath units & 1:1 Bedroom 1 bath unit. Duplex with each unit 2 bedroom + separate building 1 bedroom just rented for $1,765. Units are in great condition with updated floors in 2 of the units, updated systems, paint, AC, drought-resistant yard, & ample parking. Property even has a laundry room & extra storage in garage. At least 4 car on property parking. Month-to-month tenancy. DON'T MISS A CHANCE TO OWN IN GREAT LOCATION OF LOS ANGELES CLOSE TO EVERYTHING.

  • May, 2017

  • May 10, 2017

    Date

    Sold (Public Records)

    Public Records

    $481,500

    Price

  • April, 2014

  • Apr 3, 2014

    Date

    Sold (Public Records)

    Public Records

    $330,000

    Price

Show More

Tax History for 523 W 88Th St

Assessed Value (2020): $510,440
Year Land Value Improved Value Assessed Value
2020 $351,259 $159,181 $510,440

Home Value Compared to the Market

This property vs the competition

523 W 88Th St sold on September 21, 2022 for 35.71% 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 $436.89 per/sqft which puts the price per square foot 39.66% lower than the current median sale per square foot for the city of Los Angeles.

About 523 W 88Th St

Detailed summary of property

523 W 88Th St is a multi family that recently sold in Los Angeles, CA 90044. This multi family property offered 9 bedrooms, 6 bathrooms, roughly 1,648 living square feet, and sits on an approximately 5,397 square foot lot. 523 W 88Th St was first listed on ArdentRealEstateGroup.com on July 26, 2022. The homeowner sold the property for $700,000. 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 35.71% lower than the current median priced home. Local homes that are currently for sale include 1149 W 87th St, 1145 W 85th St and 126 E 82nd. While the average home in Los Angeles, CA is selling in 106 days, 523 W 88Th St has a days on market of 28 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 523 W 88Th St Los Angeles, CA 90044 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 523 W 88Th St

Public county record property details
Beds
5
Baths
3
Year built
1926
Sq. Ft.
1,648
Lot Size
5,397
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
6
APN
6038-009-021

The source for these homes facts are from public records.

90044 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$650,000
Median List Price/Sq.Ft.
$515
Median Sold Price
$717,000
Median Sold Price/Sq.Ft.
$513
Total Inventory
88
Median Sale to List Price %
102.58%
Avg Days on Market
27
Loan Type
Conventional (38.1%), FHA (23.81%), VA (0%), Cash (9.52%), Other (9.52%)

Thinking of Selling?

Image Description
Is this your property?
Thinking of Selling?
Call, Text or Message
(714) 706-1823

Homes for Sale Near 523 W 88Th St

Nearby Homes for Sale

857 W 85th St, Los Angeles, CA 90044
$799,500
10 Beds
6 Baths
2516 Sq.Ft.
857 W 85th St
Los Angeles, CA 90044
215 W 89th St, Los Angeles, CA 90003
$780,000
7 Beds
6 Baths
1879 Sq.Ft.
215 W 89th St
Los Angeles, CA 90003
635 W 82nd St, Los Angeles, CA 90044
$810,000
9 Beds
4 Baths
3116 Sq.Ft.
635 W 82nd St
Los Angeles, CA 90044
153 W 89th St, Los Angeles, CA 90003
$799,900
5 Beds
2 Baths
1641 Sq.Ft.
153 W 89th St
Los Angeles, CA 90003
615 W Colden Ave, Los Angeles, CA 90044
$799,000
8 Beds
4 Baths
2592 Sq.Ft.
615 W Colden Ave
Los Angeles, CA 90044
635 W Colden Ave, Los Angeles, CA 90044
$695,000
5 Beds
2 Baths
1562 Sq.Ft.
635 W Colden Ave
Los Angeles, CA 90044
319 W 81st St, Los Angeles, CA 90003
$835,000
7 Beds
5 Baths
1669 Sq.Ft.
319 W 81st St
Los Angeles, CA 90003
120 W 92nd St, Los Angeles, CA 90003
$799,000
5 Beds
2 Baths
1662 Sq.Ft.
120 W 92nd St
Los Angeles, CA 90003
9500 S Spring St, Los Angeles, CA 90003
$598,000
4 Beds
2 Baths
1321 Sq.Ft.
9500 S Spring St
Los Angeles, CA 90003
9500 S Spring St, Los Angeles, CA 90003
$598,000
8 Beds
4 Baths
1321 Sq.Ft.
9500 S Spring St
Los Angeles, CA 90003
118 E 84th St, Los Angeles, CA 90003
$650,000
4 Beds
2 Baths
1512 Sq.Ft.
118 E 84th St
Los Angeles, CA 90003
1141 W 89th St, Los Angeles, CA 90044
$675,000
5 Beds
3 Baths
1263 Sq.Ft.
1141 W 89th St
Los Angeles, CA 90044

Recently Sold Homes Near 523 W 88Th St

520 W 88th St, Los Angeles, CA 90044
$630,000 Last Sold Price
4 Beds
3 Baths
1782 Sq.Ft.
520 W 88th St
Los Angeles, CA 90044
531 W 88th Pl, Los Angeles, CA 90044
$632,000 Last Sold Price
2 Beds
2 Baths
1024 Sq.Ft.
531 W 88th Pl
Los Angeles, CA 90044
8823 S Figueroa St, Los Angeles, CA 90003
$1,425,000 Last Sold Price
12 Beds
8 Baths
5424 Sq.Ft.
8823 S Figueroa St
Los Angeles, CA 90003
8719 S Figueroa St, Los Angeles, CA 90003
$690,000 Last Sold Price
4 Beds
3 Baths
1800 Sq.Ft.
8719 S Figueroa St
Los Angeles, CA 90003

Related Resources to 523 W 88Th St

New Listings in 90044
Popular Zip Codes
Popular Cities
Other Los Angeles Resources

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.

Refi Quote