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1029 South Stanley Avenue

1029 South Stanley Avenue, Los Angeles, CA 90019
Property in Miracle Mile
Sold Aug 16, 2002
$515,000
$412,000 by Downey S/l
Mortgage Due Sep 01, 2032
1029 South Stanley Avenue in Los Angeles, CA was first built in 1929 and is 95 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 duplex style. There are a total of 0 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. 1029 South Stanley Avenue has 2,594 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 5,239 square feet.

Learn more about the property and building on this page. 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 B. 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, 1029 South Stanley Avenue was last sold in Aug 13, 2002 for $515,000. According to our calculations, that's $198.54 per sqft. Current property owners are expected to pay $8,532 in taxes per year. The property on 1029 South Stanley Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $716,912. To break that down further, the land itself was valued at $556,830. While improvements to the property were assessed at a total of $160,082. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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: 1929
  • Effective Year Built: 1929
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Duplex
  • Living Units: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,239
  • Total Building Area: 2,594
  • Gross Building Area: 2,594
  • Building Area: 2,594
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,594
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 5194
  • Land Acres: 0.12
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: TRACT NO 5194 LOT/SEC 137

Ownership

  • Current Owner : BEATTY G PARKER
  • Previous Owner : COHEN JOSEPH
  • Previous Owner 2: THE SOLOMON COHEN DURABLE TRUS
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 216302

Zoning

  • Zoning: LAR2

Geography

  • Assessors Map Reference: 42-F2
  • Subdivision Tract Number: 5194
  • Parcel: 5085-001-019
  • Lot: 137
  • Municipality: WEST /MID-CITY
  • Latitude: 34.0567
  • Longitude: -118.359

    Address

  • Full Address: 1029 S Stanley Ave
  • Address - House Number: 1029
  • Street Direction: S
  • Address - Street Name: Stanley
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C038
  • 4-Digit Zip Code: 6635
  • Zip Code: 90019

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $8,532
  • Tax Rate Code Area: 00-067

    Appraisal Valuation

  • Standard Deviation: 0.2331
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 67
  • Final Value: 1,434,621
  • High Value: 1,769,165
  • Low Value: 1,100,076

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $612,000
  • First Open Lien Mortgage Lender: DOWNEY S/L
  • First Open Lien Mortgage Recording Date: Aug 16, 2002
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $412,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2032
  • Second Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • Second Open Lien Mortgage Recording Date: Jul 07, 2017
  • Second Open Lien Mortgage Loan Amount: $200,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Future Advance Clause / Open End Mortgage
  • Second Open Lien Mortgage Loan Due Date: Jul 16, 2047

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $716,912
  • Assessed Land Value: $556,830
  • Assessed Improvements Value: $160,082

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 13, 2002
  • Current Sale Recording Date: Aug 16, 2002
  • Current Sale Transaction ID: 1034542316
  • Current Sale Price: $515,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 02-1934054

    Last Sale Mortgage

  • First Mortgage Lender: DOWNEY S/L
  • First Mortgage Transaction Date: Aug 16, 2002
  • First Mortgage Loan Amount: $412,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Due Date: Sep 01, 2032

    Financing

  • First Mortgage Financing Type: Adjustable Rate

About Central LA



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Frequently Asked Questions

What neighborhood is 1029 South Stanley Avenue located in?
The 1029 South Stanley Avenue is a located in the neighborhood of Miracle Mile in Central LA, Los Angeles.
What is the average sales price for listings in 1029 South Stanley Avenue?
The average sales price for units in 1029 South Stanley Avenue is $0 currently.

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