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1040 West Imperial Highway

1040 West Imperial Highway, Los Angeles, CA 90044
Commercial in West Athens
Local assessors in Los Angeles, CA have categorized 1040 West Imperial Highway as a commercial type of property. The home was built in 1956 and is 68 years old. It was most recently renovated and altered in 1966. The property's lot size has been calculated to be 13,821 square feet. The linear feet between the front and back of the lot was measured at 800 ft and the front of the lot was measured at 1,690 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There is a single bedroom in the home. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1040 West Imperial Highway has a total of 3,175 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. 1040 West Imperial Highway is a 3 code building. This code stands for "buildings that have exterior walls made of non-combustible material. The interior partitions and roof structure are combustible materials. For example, the building may have concrete floors or a wood frame". 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 masonry 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 - C. The building has a flat style roof that was made of tar and gravel. Lots of stucco were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling 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, 1040 West Imperial Highway was last sold in Apr 12, 2004 for $1,020,000. According to our calculations, that's $321.26 per sqft. Current property owners are expected to pay $11,242 in taxes per year. The property on 1040 West Imperial Highway was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $812,777. To break that down further, the land itself was valued at $546,628. While improvements to the property were assessed at a total of $266,149. 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. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1966
  • Building Count: 2
  • Bedroom Count: 1
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Quality: C
  • Construction Type: Masonry
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Flat
  • Roof Cover Type: Tar and gravel
  • Floor Count: 1
  • Living Units: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 13,821
  • Lot Size Depth Feet: 800
  • Lot Size Frontage Feet: 1,690
  • Total Building Area: 3,175
  • Gross Building Area: 3,175
  • Building Area: 3,175
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 3,175
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Building Type: Exterior non-combustible materials/Interior combustible materials
  • Property Class: Commercial
  • Subdivision: AMENDED MAP OF ATHEN HEIGHTS
  • Land Acres: 0.317
  • Standard Land Use Code: Retail/residential (mixed use)
  • Legal Description 1: AMENDED MAP OF ATHEN HEIGHTS LOT 111 AND EX OF ST LOT/SEC 112

Ownership

  • Current Owner : GARCIA RIGOBERTO RAMIREZ
  • Previous Owner : KIM YOUNG YOUL
  • Previous Owner 2: KIM KUM JA
  • Ownership Rights Codes: Living Trust

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 602801

Zoning

  • Zoning: LCC2YY

Geography

  • Assessors Map Reference: 57-F5
  • Parcel: 6079-020-039
  • Lot: 111
  • Municipality: SOUTH /HAWTHORNE/GARD.
  • Latitude: 33.9307
  • Longitude: -118.293

    Address

  • Full Address: 1040 W Imperial Hwy
  • Address - House Number: 1040
  • Street Direction: W
  • Address - Street Name: Imperial
  • Address - Suffix Type: Hwy
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C022
  • 4-Digit Zip Code: 1314
  • Zip Code: 90044

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $11,242
  • Tax Rate Code Area: 01-220

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $1,015,000
  • First Open Lien Mortgage Lender: PACIFIC CITY BANK
  • First Open Lien Mortgage Recording Date: Jun 24, 2004
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $850,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial
  • Second Open Lien Mortgage Lender: PACIFIC CITY BANK
  • Second Open Lien Mortgage Recording Date: Sep 28, 2009
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $165,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Commercial

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $812,777
  • Assessed Land Value: $546,628
  • Assessed Improvements Value: $266,149

    Sales

  • Current Sale Contract Date: Apr 12, 2004
  • Current Sale Recording Date: Apr 28, 2004
  • Current Sale Transaction ID: 1015663844
  • Current Sale Price: $1,020,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 04-1039679

    Last Sale Mortgage

  • First Mortgage Lender: PACIFIC CITY BANK
  • First Mortgage Transaction Date: Apr 28, 2004
  • First Mortgage Loan Amount: $850,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial

    Financing

  • First Mortgage Financing Type: Variable

About West Athens



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Frequently Asked Questions

What neighborhood is 1040 West Imperial Highway located in?
The 1040 West Imperial Highway is a commercial located in the neighborhood of West Athens in West Athens, Los Angeles.
What is the average sales price for listings in 1040 West Imperial Highway?
The average sales price for units in 1040 West Imperial Highway is $0 currently.

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