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620 W 87Th St, Los Angeles, CA 90044
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620 W 87Th St Los Angeles, CA 90044

$945,000 Sold Price as of 06/09/2023
  • 40 Beds
  • 0 Baths
  • 3,002 Sq.Ft.
Sold
$945,000 Sold Price as of 06/09/2023 Refinance Your Mortgage
Map preview of 620 W 87Th St, Los Angeles, CA 90044

Property Overview: 620 W 87Th St Los Angeles, CA has 40 bedrooms, -- bathrooms, 3,002 living square feet and 5,800 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: GREAT INVESTMENT PROPERTY! Nice and very well maintained 4 unit gated property. 2 Front units have 3 bedrooms 1 bath and 2 back units have 2 bedrooms 1 bath. Good mix of section 8 and regular leasing tenants. Owner has kept and mainted all units. Back 2 units have recently been updated.

Listed by Nathan Mahoney | BRE #01390111 | Nathan Mahoney, Broker
Last checked: 56 seconds ago | Last updated: June 12th, 2023 | Source CRMLS | DOM: 1

Home details

Lot Sq. Ft
5,800
HOA Dues
$0/mo
Year built
1926
Garage
--
Property Type:
Fourplex
Status
Sold
MLS#
DW23025943
City
Los Angeles
County
Los Angeles
Time on Site
583 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 3
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 4
  • # of Beds: 10
  • # of Baths: 0
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $11,400
  • Total Rent: $11,400
  • Pro Forma/Market Rent: $11,400
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $11,400
  • Net Operating Income: $1,103
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $450
  • Electric: $100
  • Gas/Fuel: $0
  • Trash: $150
  • Insurance: $150
  • Water/Sewer: $150

Property Details for 620 W 87Th St

Interior Features
Laundry Information
  • No Laundry
  • None
Interior Features
  • Levels: One
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 1 Common Wall
  • Total # of Units: 4
  • Parcel Number: 6038013004
  • Year Built Source: Assessor
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Manchester and Figueroa
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

Local Los Angeles Agent

Sale History for 620 W 87Th St

Last sold for $945,000 on June 9th, 2023

  • June, 2023

  • Jun 9, 2023

    Date

    Sold

    CRMLS: DW23025943

    $945,000

    Price

  • Feb 14, 2023

    Date

    Active

    CRMLS: DW23025943

    $895,000

    Price

  • May, 2005

  • May 25, 2005

    Date

    Sold (Public Records)

    Public Records

    $475,000

    Price

Show More

Tax History for 620 W 87Th St

Assessed Value (2020): $605,764
Year Land Value Improved Value Assessed Value
2020 $382,362 $223,402 $605,764

Home Value Compared to the Market

This property vs the competition

620 W 87Th St sold on June 9, 2023 for 20.09% 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 $298.13 per/sqft which puts the price per square foot 58.82% lower than the current median sale per square foot for the city of Los Angeles.

About 620 W 87Th St

Detailed summary of property

620 W 87Th St is a fourplex that recently sold in Los Angeles, CA 90044. This fourplex offered 40 bedrooms, -- bathrooms, roughly 3,002 living square feet, and sits on an approximately 5,800 square foot lot. 620 W 87Th St was first listed on ArdentRealEstateGroup.com on February 15, 2023. The homeowner sold the property for $945,000. 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 20.09% lower than the current median priced home. Local homes that are currently for sale include 1202 W 90th Pl, 7612 S S Hoover St St and 7704 S Grand Ave. While the average home in Los Angeles, CA is selling in 106 days, 620 W 87Th St has a days on market of 1 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 620 W 87Th 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 620 W 87Th St

Public county record property details
Beds
6
Baths
6
Year built
1926
Sq. Ft.
3,002
Lot Size
5,800
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
16
APN
6038-013-004

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?

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Thinking of Selling?
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(714) 706-1823

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Recently Sold Homes Near 620 W 87Th St

628 W 87th St, Los Angeles, CA 90044
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628 W 87th St
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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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