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1626 East 87th Place

1626 East 87th Place, Los Angeles, CA 90002
Property in Florence-Graham
Sold Jan 13, 2022
$680,000
$667,683 by American Financial Network Inc
Mortgage Due Feb 01, 2052
Sold Mar 19, 2021
$570,000
$446,250 by Center Street Lending Viii Spe
Mortgage
1626 East 87th Place in Los Angeles, CA was first built in 1964 and is 60 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a conventional style. It is a single story home. There are a total of 9 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 1626 East 87th Place has 1,565 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 5,590 square feet.

Learn more about the property and building on this page. The roof of the home is made of composition shingle. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The exterior walls of the home are made of stucco. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing floor/wall heating system. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1626 East 87th Place was last sold in Jan 7, 2022 for $680,000. According to our calculations, that's $434.50 per sqft. Prior to that sales transaction, the property was sold for $570,000 in Jan 25, 2021. Current property owners are expected to pay $8,892 in taxes per year. The property on 1626 East 87th Place was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $693,600. To break that down further, the land itself was valued at $489,600. While improvements to the property were assessed at a total of $204,000. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1964
  • Effective Year Built: 1964
  • Building Count: 2
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Conventional
  • Exterior Walls Type: Stucco
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 2
  • Basement Area: 0
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 5,590
  • Total Building Area: 1,565
  • Building Area: 1,565
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Floor/wall
  • Heated Square Feet: 1,565
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: PUTNEY PLACE
  • Land Acres: 0.128
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: PUTNEY PLACE LOT/SEC 103

Ownership

  • Current Owner : MORENO JUAN MANUEL
  • Previous Owner : CRISTINA LOPEZ
  • Owner Before Previous Owner: GOMEZ HECTOR
  • Owner Before Previous Owner 2: GOMEZ TERESA V
  • Ownership Rights Codes: Single/unmarried man

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 535102

Zoning

  • Zoning: LCR2YY

Geography

  • Assessors Map Reference: 58-D2
  • Parcel: 6044-003-022
  • Lot: 103
  • Municipality: SOUTH /UNINC L ANGELES
  • Latitude: 33.958
  • Longitude: -118.245

    Address

  • Full Address: 1626 E 87th Pl
  • Address - House Number: 1626
  • Street Direction: E
  • Address - Street Name: 87th
  • Address - Suffix Type: Pl
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C005
  • 4-Digit Zip Code: 1348
  • Zip Code: 90002

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $8,892
  • Tax Rate Code Area: 01-198

    Appraisal Valuation

  • Standard Deviation: 0.2265
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 68
  • Final Value: 717,425
  • High Value: 879,937
  • Low Value: 554,912

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $667,683
  • First Open Lien Mortgage Lender: AMERICAN FINANCIAL NETWORK INC
  • First Open Lien Mortgage Recording Date: Jan 13, 2022
  • First Open Lien Mortgage Loan Amount: $667,683
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2052

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $693,600
  • Assessed Land Value: $489,600
  • Assessed Improvements Value: $204,000

    Sales

  • Current Sale Contract Date: Jan 07, 2022
  • Current Sale Recording Date: Jan 13, 2022
  • Current Sale Transaction ID: 11877374460
  • Current Sale Price: $680,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 53617
  • Previous Sale Recording Date: Mar 19, 2021
  • Previous Sale Contract Date: Jan 25, 2021
  • Previous Sale Amount: $570,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: AMERICAN FINANCIAL NETWORK INC
  • First Mortgage Transaction Date: Jan 13, 2022
  • First Mortgage Loan Amount: $667,683
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Feb 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: CENTER STREET LENDING VIII SPE
  • Previous Mortgage Transaction Date: Mar 19, 2021
  • Previous Mortgage Loan Amount: $446,250
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial

About Florence-Graham



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Frequently Asked Questions

What neighborhood is 1626 East 87th Place located in?
The 1626 East 87th Place is a located in the neighborhood of Florence-Graham in Florence-Graham, Los Angeles.
What is the average sales price for listings in 1626 East 87th Place?
The average sales price for units in 1626 East 87th Place is $0 currently.

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