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1048 South Hayworth Avenue

1048 South Hayworth Avenue, Los Angeles, CA 90035
Property in Carthay Square
Sold May 11, 2017
$1,220,000
$200,000 by Mufg Union Bank Na
Mortgage Due Jun 01, 2047
Sold Dec 17, 2014
Transfer
$400,000 by Pete Leal & Lucille Leal Trust
Mortgage
Local assessors in Los Angeles, CA have categorized 1048 South Hayworth Avenue as a residential type of property. The home was built in 1926 and is 98 years old. The property's lot size has been calculated to be 5,992 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, 4 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 2 full bathrooms. There are also 2 partial bathrooms. If we look only at the heated or air conditioned part of the building, then 1048 South Hayworth Avenue has a total of 2,667 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. 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. According to our sources, 1048 South Hayworth Avenue sold most recently in May 8, 2017 for a total of $1,220,000. If you work out the math, that's approximately a cost of $457.44 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $15,937 in taxes each year. The initial year of tax delinquency occurred in 2019. 1048 South Hayworth Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,360,928. If we break it down further, the land itself was valued at $816,557. Improvements to the property, however, were assessed at a total of $544,371. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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: 1926
  • Effective Year Built: 1926
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Style: Duplex
  • Living Units: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,992
  • Total Building Area: 2,667
  • Gross Building Area: 2,667
  • Building Area: 2,667
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: unknown
  • Heated Square Feet: 2,667
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 7603
  • Land Acres: 0.138
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: TRACT # 7603 LOT/SEC 120

Ownership

  • Current Owner : OH HAN KYU
  • Current Owner 2: OH SOOK JA
  • Previous Owner : GARCIA MARCELA
  • Owner Before Previous Owner: LEAL LUCILLE
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 216800

Zoning

  • Zoning: LAR2

Geography

  • Assessors Map Reference: 42-F2
  • Subdivision Tract Number: 7603
  • Parcel: 5086-001-027
  • Lot: 120
  • Municipality: WEST /MID-CITY
  • Latitude: 34.0568
  • Longitude: -118.365

    Address

  • Full Address: 1048 S Hayworth Ave
  • Address - House Number: 1048
  • Street Direction: S
  • Address - Street Name: Hayworth
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C011
  • 4-Digit Zip Code: 2602
  • Zip Code: 90035

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $15,937
  • Intital Tax Deliquent Year: 2019
  • Tax Rate Code Area: 00-067

    Appraisal Valuation

  • Standard Deviation: 0.2248
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 68
  • Final Value: 1,851,869
  • High Value: 2,268,348
  • Low Value: 1,435,389

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $200,000
  • First Open Lien Mortgage Lender: MUFG UNION BANK NA
  • First Open Lien Mortgage Recording Date: May 11, 2017
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $200,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2047

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,360,928
  • Assessed Land Value: $816,557
  • Assessed Improvements Value: $544,371

    Sales

  • Current Sale Contract Date: May 08, 2017
  • Current Sale Recording Date: May 11, 2017
  • Current Sale Transaction ID: 1811581236
  • Current Sale Price: $1,220,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 17-0528109
  • Previous Sale Recording Date: Dec 17, 2014
  • Previous Sale Contract Date: Nov 04, 2014
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: MUFG UNION BANK NA
  • First Mortgage Transaction Date: May 11, 2017
  • First Mortgage Loan Amount: $200,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: Jun 01, 2047

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: PETE LEAL & LUCILLE LEAL TRUST
  • Previous Mortgage Transaction Date: Dec 17, 2014
  • Previous Mortgage Loan Amount: $400,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Seller take-back

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Frequently Asked Questions

What neighborhood is 1048 South Hayworth Avenue located in?
The 1048 South Hayworth Avenue is a located in the neighborhood of Carthay Square in Central LA, Los Angeles.
What is the average sales price for listings in 1048 South Hayworth Avenue?
The average sales price for units in 1048 South Hayworth Avenue is $0 currently.

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