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1032 Irolo Street

1032 Irolo Street, Los Angeles, CA 90006
Sold Oct 03, 2001
$396,000
$350,000 by Loancity.com
Mortgage Due Jan 01, 2037
Sold Feb 08, 2001
$340,000
$334,648 by Home Federal Mtg Corp
Mortgage Due Feb 01, 2031
1032 Irolo Street has been categorized by the local assessors in Los Angeles, CA as a residential type of property. The building on the property was first built in 1931 and is 93 years old. The home has a total of 9 bedrooms. Residents will have access to 4 full bathrooms. There are 4 partial bathrooms in the home. In addition, 1032 Irolo Street has 4,342 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 5,908 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a quadplex style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with wood control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of B by the local assessor. The inside of the home is being cooled with air conditioning at the moment. The property was last sold in Sep 26, 2001 for $396,000. That's $91.20 per sqft. Prior to that sales transaction, the property was also sold in Jan 24, 2001 for $340,000. 1032 Irolo Street was last assessed in 2023. The total value of the property was assessed at $562,272. Specifically, the land the property is located on was valued at $255,579. While improvements on the property were assessed at a total of $306,693. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $7,060. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1931
  • Effective Year Built: 1931
  • Building Count: 1
  • Bedroom Count: 9
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Quadplex
  • Living Units: 4
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,908
  • Total Building Area: 4,342
  • Gross Building Area: 4,342
  • Building Area: 4,342
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: unknown
  • Heated Square Feet: 4,342
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ELECTRIC RAILWAY HOMESTEAD ASSOCIATION
  • Land Acres: 0.136
  • Standard Land Use Code: Quadruplex (4 units, any combination)
  • Legal Description 1: ELECTRIC RAILWAY HOMESTEAD ASSN LOT/SEC 19 BLK/DIV/TWN 18

Ownership

  • Current Owner : KANG MYUNG ZA
  • Current Owner 2: KANG SUSAN MARY
  • Previous Owner : KIM YONG DAE
  • Owner Before Previous Owner: CHIN BEOM Y
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 213201

Zoning

  • Zoning: LAR4

Geography

  • Assessors Map Reference: 43-E3
  • Parcel: 5078-018-019
  • Block: 18
  • Lot: 19
  • Municipality: WEST /KOREA TOWN
  • Latitude: 34.0517
  • Longitude: -118.301

    Address

  • Full Address: 1032 Irolo St
  • Address - House Number: 1032
  • Address - Street Name: Irolo
  • Address - Suffix Type: St
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C034
  • 4-Digit Zip Code: 2572
  • Zip Code: 90006

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,060
  • Tax Rate Code Area: 06-657

    Appraisal Valuation

  • Standard Deviation: 0.2315
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 67
  • Final Value: 1,299,995
  • High Value: 1,600,945
  • Low Value: 999,045

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $350,000
  • First Open Lien Mortgage Lender: LOANCITY.COM
  • First Open Lien Mortgage Recording Date: Dec 28, 2006
  • First Open Lien Mortgage Loan Amount: $350,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Stand Alone Refi (Refinance of Original Loan)
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2037

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $562,272
  • Assessed Land Value: $255,579
  • Assessed Improvements Value: $306,693

    Sales

  • Current Sale Contract Date: Sep 26, 2001
  • Current Sale Recording Date: Oct 03, 2001
  • Current Sale Transaction ID: 1032420595
  • Current Sale Price: $396,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 01-1874789
  • Previous Sale Recording Date: Feb 08, 2001
  • Previous Sale Contract Date: Jan 24, 2001
  • Previous Sale Amount: $340,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: WASHINGTON MUTUAL BANK FA
  • First Mortgage Transaction Date: Oct 03, 2001
  • First Mortgage Loan Amount: $316,800
  • First Mortgage Terms: 360
  • First Mortgage Loan Due Date: Oct 01, 2031

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: HOME FEDERAL MTG CORP
  • Previous Mortgage Transaction Date: Feb 08, 2001
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $334,648
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Feb 01, 2031

About Central LA



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Frequently Asked Questions

What neighborhood is 1032 Irolo Street located in?
The 1032 Irolo Street is a located in the neighborhood of Wilshire Center - Koreatown in Central LA, Los Angeles.
What is the average sales price for listings in 1032 Irolo Street?
The average sales price for units in 1032 Irolo Street is $0 currently.

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