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1023 South Citrus Avenue

1023 South Citrus Avenue, Los Angeles, CA 90019
Property in Olympic Park
Refi Apr 04, 2016
Transfer
$370,000 by Mega Capital Funding Inc
Mortgage Due Apr 01, 2046
Local assessors in Los Angeles, CA have categorized 1023 South Citrus Avenue as a residential type of property. The home was built in 1924 and is 100 years old. The property's lot size has been calculated to be 6,869 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a duplex style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 7 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 3 full bathrooms. There are also 3 partial bathrooms. If we look only at the heated or air conditioned part of the building, then 1023 South Citrus Avenue has a total of 3,936 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with wood control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - B. Residents rely on air conditioning for their cooling system. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. Tax-wise, the current owner is expected to pay close to $2,677 in taxes each year. 1023 South Citrus Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $190,446. If we break it down further, the land itself was valued at $76,827. Improvements to the property, however, were assessed at a total of $113,619. The property's total assessed value has been marked as more than the total market value which is pretty atypical. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1924
  • Effective Year Built: 1924
  • Building Count: 1
  • Bedroom Count: 7
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Duplex
  • Living Units: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,869
  • Total Building Area: 3,936
  • Gross Building Area: 3,936
  • Building Area: 3,936
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: unknown
  • Heated Square Feet: 3,936
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 5070
  • Land Acres: 0.158
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: TRACT NO 5070 LOT/SEC 79

Ownership

  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 216100

Zoning

  • Zoning: LAR2

Geography

  • Assessors Map Reference: 43-B2
  • Subdivision Tract Number: 5070
  • Parcel: 5084-010-005
  • Lot: 79
  • Municipality: WEST /MID-CITY
  • Latitude: 34.0564
  • Longitude: -118.342

    Address

  • Full Address: 1023 S Citrus Ave
  • Address - House Number: 1023
  • Street Direction: S
  • Address - Street Name: Citrus
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C006
  • 4-Digit Zip Code: 1641
  • Zip Code: 90019

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,677
  • Tax Rate Code Area: 00-067

    Appraisal Valuation

  • Standard Deviation: 0.2306
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 68
  • Final Value: 1,747,743
  • High Value: 2,150,813
  • Low Value: 1,344,674

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $370,000
  • First Open Lien Mortgage Lender: MEGA CAPITAL FUNDING INC
  • First Open Lien Mortgage Recording Date: Apr 04, 2016
  • First Open Lien Mortgage Loan Amount: $370,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2046

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $190,446
  • Assessed Land Value: $76,827
  • Assessed Improvements Value: $113,619

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Frequently Asked Questions

What neighborhood is 1023 South Citrus Avenue located in?
The 1023 South Citrus Avenue is a located in the neighborhood of Olympic Park in Central LA, Los Angeles.
What is the average sales price for listings in 1023 South Citrus Avenue?
The average sales price for units in 1023 South Citrus Avenue is $0 currently.

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