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Sold for $755,000
  • Listed by: Keller Williams Realty Calabasas • Jordan Davies • Contact: 818-657-6500
    Bought with: Keller Williams Realty Calabasas
    $755,000

    1330 W 87th St, Los Angeles, CA 90044

    4beds
    --baths
    1,944sqft
    Quadruplex
    Built in 1922
    -- sqft lot
    $806,500 Zestimate®
    $388/sqft
    $2,923 Estimated rent

    Home value

    $806,500

    $742,000 - $871,000

    $2,923/mo

    Zestimate® history
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    $2,923/mo

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    $4,840/mo

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    What's special

    Westfield mall
    Great investor or owner opportunity! Property comes with approved paid plans to build a rear 1,560 sqft Duplex. Current front Duplex is 1,944 sqft and currently making $4,200/m. Rear duplex once built could be bringing in $5,800/m. Total income could be $10,000/m. Property has a very large lot with plenty of parking available. All architectural, engineerings and plans have been paid, once closed you can break ground right away. Contractor bid also available for project. A great opportunity for someone looking for immediate cash flow or to own a great income producing property, built in equity and plenty of upside. Located in the up and coming desirable Westmont neighborhood. Everything is less than 20 mins from; Downtown LA, the beach, Westfield Mall, Crypto.com Center, SOFI Stadium, and LAX. This property is located in Unincorporated Los Angeles County. *Property is on LCR3 Zoning. Plans and contractor bid available upon request. Once built, completed, rented the property could be operating at 7.5 Cap!

    Zillow last checked:

    Listing updated:

    Listed by:

    Jordan Davies DRE #01914332 213-271-4945,

    Keller Williams Realty Calabasas

    Bought with:

    Jordan Davies, DRE #01914332

    Keller Williams Realty Calabasas

    Source: CRMLS,MLS#: SR24009893MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    Appliances
    • Laundry: Outside
    Features
    • Common walls with other units/homes: 1 Common Wall
    Interior area
    • Total structure area: 1,944
    • Total interior livable area: 1,944 sqft

    Property

    Parking
    • Parking features: Driveway, One Space
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: Front
    • Pool features: None
    Lot
    • Size: 6,088 Square Feet
    • Features: Back Yard, Front Yard
    Details
    • Parcel number: 6047006009
    • Zoning: LCR320U*
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex
    • Attached to another structure: Yes
    Condition
    • Building Permit,Updated/Remodeled
    • New construction: No
    • Year built: 1922

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Curbs, Sidewalks
    Location
    • Region: Los Angeles

    Financial & listing details

    • Price per square foot: $388/sqft
    • Tax assessed value: $770,100
    • Annual tax amount: $10,723
    • Date on market: 1/17/2024
    • Cumulative days on market: 62 days
    • Listing terms: Cash,Cash to New Loan,Conventional,1031 Exchange
    • Tenant pays: Electricity, Gas, Trash Collection, Water

    Price history

    DateEventPrice
    6/12/2024Sold$755,000-4.4%$388/sqft
    Source: CRMLS #SR24009893 Report a problem
    5/28/2024Pending sale$790,000$406/sqft
    Source: CRMLS #SR24009893 Report a problem
    4/13/2024Contingent$790,000$406/sqft
    Source: CRMLS #SR24009893 Report a problem
    3/1/2024Price change$790,000-4.2%$406/sqft
    Source: CRMLS #SR24009893 Report a problem
    2/20/2024Listed for sale$825,000+32%$424/sqft
    Source: CRMLS #SR24009893 Report a problem
    9/11/2023Sold$625,000-14.1%$322/sqft
    Source: CRMLS #MB23115862 Report a problem
    8/15/2023Contingent$728,000$374/sqft
    Source: CRMLS #MB23115862 Report a problem
    7/1/2023Listed for sale$728,000+439.3%$374/sqft
    Source: CRMLS #MB23115862 Report a problem
    11/12/2003Sold$135,000$69/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$10,723 +21.8%$770,100 +23.2%
    2024$8,805 +102.2%$625,000 +128.7%
    2023$4,354 +4.2%$273,300 +2%
    2022$4,178 +1.1%$267,942 +2%
    2021$4,131 -0.6%$262,689 +1%
    2020$4,156 $259,996 +2%
    2019$4,156 +6.6%$254,899 +2%
    2018$3,898 $249,902 +2%
    2017$3,898 +1.8%$245,003 +2%
    2016$3,830 +2.6%$240,200 +1.5%
    2015$3,734 +1.2%$236,593 +2%
    2014$3,688 $231,959 +2.5%
    2012-- $226,385 +2%
    2011-- $221,947 +0.8%
    2010-- $220,289 -0.2%
    2009-- $220,813 +2%
    2008-- $216,485 +2%
    2007-- $212,241 +2%
    2006-- $208,080
    2005-- $208,080 +4%
    2004-- $200,000 -6.6%
    2003-- $214,200 +2%
    2002-- $210,000 +110.2%
    2000-- $99,892
    Find assessor info on the county website

    Neighborhood: 90044

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $806,500
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $806,500