823 E 88Th Pl, Los Angeles, CA 90002
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823 E 88Th Pl Los Angeles, CA 90002

$515,000 Sold Price as of 11/19/2020
  • 4 Beds
  • 3 Baths
  • -- Sq.Ft.
Sold
$515,000 Sold Price as of 11/19/2020 Refinance Your Mortgage

Map preview of 823 E 88Th Pl, Los Angeles, CA 90002

Property Overview: 823 E 88Th Pl Los Angeles, CA has 4 bedrooms, 3 bathrooms, -- living square feet and 5,160 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Investment opportunity in Avalon Gardens. Trust Sale. All units occupied with long term tenants. Minutes away from freeways, shopping, and transportation. Units are located in rent control. Do not disturb occupants. Please read private remarks for offer & showing instructions.

Listed by Gene Armstrong | BRE #00620058 | Coldwell Banker Gene Armstrong
Last checked: 8 seconds ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 80

Home details

Lot Sq. Ft
5,160
HOA Dues
$0/mo
Year built
1927
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
20608912
City
Los Angeles
County
Los Angeles
Time on Site
1345 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: $1,100
  • Total Rent: $1,100
  • Pro Forma/Market Rent: $1,784
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $825
  • Total Rent: $825
  • Pro Forma/Market Rent: $1,449
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $800
  • Total Rent: $800
  • Pro Forma/Market Rent: $1,449
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 16.82
  • Gross Scheduled Income: --
  • Net Operating Income: $20,439
  • Gross Operating Income: $32,700
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 823 E 88Th Pl

Interior Features
Cooling Information
  • No Cooling
  • None
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Uncovered
Lot Information
  • Lot Size Source: Assessor
Property Information
  • Total # of Units: 3
  • Parcel Number: 6042019010
Location / Neighborhood
Location Information
  • Directions: E. OF AVALON BLVD & S. OF MANCHESTER BLVD
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Sale History for 823 E 88Th Pl

Last sold for $515,000 on November 19th, 2020
  • November, 2020

  • Nov 21, 2020

    Date

    Sold

    CRMLS: 20608912

    $515,000

    Price

  • Oct 14, 2020

    Date

    Pending

    CRMLS: 20608912

    $515,000

    Price

  • Oct 5, 2020

    Date

    Price Change

    CRMLS: 20608912

    $515,000

    Price

  • Jul 24, 2020

    Date

    Active

    CRMLS: 20608912

    $550,000

    Price

  • November, 2020

  • Nov 19, 2020

    Date

    Sold (Public Records)

    Public Records

    $515,000

    Price

  • July, 2020

  • Jul 24, 2020

    Date

    Canceled

    CRMLS: 20545290

    $595,000

    Price

  • May 19, 2020

    Date

    Active

    CRMLS: 20545290

    $595,000

    Price

  • May 17, 2020

    Date

    Expired

    CRMLS: 20545290

    $595,000

    Price

  • Jan 18, 2020

    Date

    Active

    CRMLS: 20545290

    $595,000

    Price

  • Listing provided courtesy of CRMLS

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Tax History for 823 E 88Th Pl

Assessed Value (2020): $99,897
Year Land Value Improved Value Assessed Value
2020 $29,723 $70,174 $99,897

Home Value Compared to the Market

This property vs the competition

823 E 88Th Pl sold on November 19, 2020 for 54.02% lower than the current median sold price for the city of Los Angeles which is $1,120,000.

About 823 E 88Th Pl

Detailed summary of property

823 E 88Th Pl is a multi family that recently sold in Los Angeles, CA 90002. This multi family property offered 4 bedrooms, 3 bathrooms, roughly -- living square feet, and sits on an approximately 5,160 square foot lot. 823 E 88Th Pl was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $515,000. 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 54.02% lower than the current median priced home. Local homes that are currently for sale include 340 W 119th St, 110 W 48th St and 1253 W 65th St. While the average home in Los Angeles, CA is selling in 106 days, 823 E 88Th Pl has a days on market of 80 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 823 E 88Th 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 823 E 88Th Pl

Public county record property details
Beds
4
Baths
3
Year built
1927
Sq. Ft.
1,806
Lot Size
5,159
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
280
APN
6042-019-010

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
$580,000
Median List Price/Sq.Ft.
$555
Median Sold Price
$600,000
Median Sold Price/Sq.Ft.
$514
Total Inventory
43
Median Sale to List Price %
103.45%
Avg Days on Market
13
Loan Type
Conventional (50%), FHA (40%), VA (0%), Cash (10%), Other (0%)

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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.